Tag Archives: grads

What top quant grads make on Wall St? Huge 20% upper moves on crypto!

Note the big upper moves I found on my crypto analysis below

Who are the top paying quants? What do top PhD grads start earning at hedge funds, investment banks, or high frequency trading shops? It seems some can be making up $400k all they way up $500k. Check out this article here.

https://www.quora.com/answer?__filter__=&__nsrc__=2&__snid3__=3008948349

I can also speak of two more additions

As I was doing my usual daily scanning in the crypto currency asset class space, I was blown away to find a 20% up move on a particular pair found on Binance. I have never seen that kind of move before.

https://quantlabs.net/blog/2018/08/20-intraday-xlc-bnb-crypto-currency-asset-class-move-is-craziest-yet/

As this article says, I will be testing these upper moves for a couple of more days. If things continue on a positive basis, I see no reason why I cannot add live trading next week with portfolio optimization. As a result, I will only be posting all my files in the Analytics sections of the site. This includes charts, spreadsheets, Word documents, etc in there.

 

Speaking of Analytics

I have posted a new video to showcase in a slide presentation on the benefits of this membership. You an always join here if interested.

Quant Analytics

 

Lastly, if things continue to show upper moves on a consistent basis, expect this price to move up a little bit to justify it’s value. I will also be adding forex and CFDs shortly after using the same strategy I have highlighted over the last few months.

Thanks Bryan

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

PHD quant research grads make over 400k first day on job

Top PHD quant research grads make over 400k first day on job

How is this possible according to this article. This not only validates what I have been saying over the years, it vindicates the theory this is the future and only way to trade. Retail traders who are not sophisticated will only get crumbs left in the markets. That is of course assuming you are not with a broker who is screwing you from market making or stop hunting. 

Learn, watch, and read about this article here

If you are NOT a PHD or even a ‘quant’, I am building out a quick path for those that want to achieve the same results. This is the only verified (by a a neutral third party) of having the highest possible audience that attracts my type of service. You can watch it in the video from the above link.
If you are paying more money to an unverified trading guru, you are pretty well throwing your money out the window since they are not able to verify their service results or let alone their audience they attract through their demographics. Do you really want to continue paying out of for expensive services and so-called gurus with no results? No matter how you slice it, the trading industry has totally changed. It is changing almost everyday because of machine learning and crypto currency.

Now… we are adjusting to these changes quickly. With our automated tools being developed by only me, I am retooling my own services to deliver algo trading forex signals over the next few weeks. If my strategies prove to show consistent profit, I see no reason to keep my current rates at the price they are. Because it is Black Friday in two days, I will be raising my low rates to the new rates at that time. The current rate will the lowest it will ever be until tomorrow nite. Again, my current rate will go up 50% as of Friday. It then goes up again after Monday. Essentially, you are getting this current low rate at 1/3 of the price once it goes up on Tuesday.

In summary, today is the second last day to get the ABSOLUTE LOWEST price before Friday.

I will be focusing 100% of my energy on my upcoming strategies being developed for forex, cyrpto currency, and eventually the future/options market. These will generate trading signals in real time 24/7 in private chat room for all my Quant Analytics members.

https://quantlabs.net/analytics/order-analytics/

Here are the details:

Well, being recongnized for that, I guess this a pre-sale deadline of this THURSAY (as in 2 days!) before the official Black Friday/Cyber Monday hits this weekend!! That mean you can expect a 50% increase come this Friday Nov 24!! Go figure huh?

 

As I mentioned we are moving into Black Friday/Cyber Monday event. Basically, this deal includes all

3 of my courses here which covers Python Infrastructure, Futures and Options, and Interactive Broker API

 

12 month subscription to Quant Analytics

 

This combo totals well into the thousands. After next week, I plan to raise this current ‘special’ price over 50%.

 

See the details here;

 

>>> Interested? Join here before it is too late.

Buy Now
I set a pre-sale deadline of this THURSAY (as in 2 days!) before the official Black Friday/Cyber Money hits this weekend!! That mean you can expect a 50% increase come this Friday Nov 24!!

 

After Monday, there will be another price increase as in doubling the rate come Tues It could go up from there if the this strategy works out in the long run. More details to follow in a few days on that.

As you know, time starts ticking. Tick tock. This deal will vanish permanently! 

 

Thanks Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Top PHD quant research grads make over 400k first day on job

Top PHD quant research grads make over 400k first day on job

How is this possible according to this article

https://news.efinancialcareers.com/us-en/301445/quant-trader-pay-phd-e-traders-automated-trading-salaries

Not a PHD, you can also use this path measured by our verified to top earning audience

You can always Join my Quant Elite to get on this path

https://www.quantcast.com/quantlabs.net#trafficCard

Older verification from 2015

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

What to do recent PHD grads to get a decent quant front desk job in a bank? Here are my recommendations

What to do recent PHD grads to get a decent quant front desk job in a bank? Here are my recommendations

I just did my local Meetup last nite. A large percent were PHDs and about one third were looking for work. You would think there is little opportunity for these folks in terms of banking. It seems it could be very competitive for entry level jobs or non interesting work. It seems the only positions filling up are Risk Management or Model Vetting. Many seem not interested to be on these teams. I don’t blame them but they definitely want to be in Research or Front Office activity. I am sure these teams hiring have pick of the litter looking for people with CFAs and grads of Ivey League level schools. I am sure grades will matter too. So does this mean PHDs don’t have opportunity?

Other s comment about how the banks hire only subpar grads who cannot deliver what is expected. I really cannot comment on this one due to the fact I am not in these environments. I choose not to be as these 500 page laundry lists of key skill sets are impossible to find. Or they want you perform brain surgery on last minute notice to perform a 650% return within a 5 minute notice. It seems the expectations from hiring managers might be what we call: slightly too high.

Anyhooo…what does a PHD do? Get your entrepreneurial hat and start learning. After my recent trip to London, it seems many banks are following the Google lead of looking for ‘quant’s that are literally brands within themselves. I am definitely not one of them but have some recommendations on what to do:

  1. Learn as many popular math algorithm techniques taught in academia. Understood and live and breathe these. I am starting this process in my Membership for  Premium Members
  2. Do development and get good. For analytics/prototyping, use R and/or Matlab. No questions on that.  Matlab is used more in industry. Also, stick with the popular languages like C++, Java, or C#. If you had to pick one, no doubt C++ is what is going to get you the highest paying and keep you in demand. Also, it is  a tough language to master but it is definitely a guaranteed career path for you in the banking field with a PHD. Do ignore the usual flaming wars that go on in the programming field. As said, if you need to focus on one, C++ is the definitely the way. To get an edge, know Java too.
  3. The Windows and Linux is always important. If you want edge, learn Linux/Unix shell scripting. It will allow you to become first choice in the pack of applications. Things like PERL come to mind here especially on the technology infrastructure side.  NOSQL and databases help but I would definitely not put that as a priority to already a long list of stuff.
  4. Excel is definitely worth knowing. It helps to know VBA but it is considered you can learn on the job but it may help
  5. What about those extra credential s like CQF, CHRP, etc? Uh…probably just cash grab for the organizers. Serious hiring managers don’t really put a lot of attention on those so why rack up extra debt for marginal return? If you want to go into management, do CFA no questions asked.
  6. So now you know? Get noticed to build your brand. Do it through Blogging or organizing events or do presentations. Those sorts of things look real nice on your resume.

 

Remember these tips are for beginners who are struggling to get a career. Remember, you are up against highly experienced developers, traders, analysts, etc who are most likely applying for the same job you are. Banks and hiring managers owe you nothing unfortunately but in this crappy job market, these are the sort of things you need to do. It sucks I know, but you got to do what you got to do.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

More tips on how MBA MFE grads can a quant job or quant career

This was provided by one of our readers named Chris:

It always boils down to what you want to do.

Stay in school?
Then continue the education process. When the bills get to big and you need a job there are quant jobs out there to be had. (Will probably need Masters or better in one of Math, Physics, MFE) to get the first gig)

Work for a hedge fund?
Yep… you’ll definitely need Masters/PhD in a Math based program.

Build trading system?
No need to wait you can do this right now. Just pick a platform/language that you’re comfortable with and look for a broker that has an API that you can plug in to.

Now the best option might also be a combination of both… stay in school while you build your trading system. (or work while you build it…)

The school/work question is always difficult. Good luck!

This won’t help with the school/work question but its a great book about trading systems.

http://www.amazon.com/dp/0470284889?tag=quantitativet-20&camp=14573&creative=327641&linkCode=as1&creativeASIN=0470284889&adid=022BQFMQJW2XCHF5A8NW&

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!