Tag Archives: How much

How Much Math Does an IT Engineer Need to Learn for Data Science vs Quant Joke

From some one long ago on my newsletter list:

very sensible ‘How Much Math Does an IT Engineer Need to Learn for Data Science’ title

back to reality? quants and IT guys work in separate teams in hedge funds, they don’t overlap

funds management keep the understanding for themselves

– What are the alphas, betas and omegas, the programmer asked the quant?

– I am not authorized to tell you, said the quant.
PRIVATE AND CONFIDENTIAL
DONT QUOTE ME if you use the joke in your posts
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!

Day trading: How much cash you need?

Day trading: How much $ you need?

For day trading, I sometimes get this odd question: just how much capital do you need?

 

In this video, you get a sensible answer. Or is it just another guru talking?

 

Either way, check out his video here

https://quantlabs.net/blog/2016/08/day-trading-how-much-you-need/

 

Now for my take on it …

 

How much money do you REALLY need for trading full time

 

This topic is important enough that I’d like to offer my own interpretation of it.

 

First things first: there are lots of factors you need to consider to make a living from trading. For instance, how far along are you in age, risk tolerance, and so forth? What’s your personal situation? What are your goals?

 

I offer my thoughts on the topic in a 20 minute video

 

Check out my 20 minute video here

https://quantlabs.net/blog/2016/08/how-much-money-do-you-really-need-for-trading-full-time/

 

And in fact, this is one of many topics I cover in my ongoing 24 week Futures and Options algorithm trading course.

 

We’re on our way to the third lesson next Tuesday and it’s going to get intense. Yes, we’re really getting into the nitty-gritty of actually trading Futures and Options with algorithms.

 

I don’t want you to miss it because this could have a huge impact on your trading lifestyle. That’s because Futures and Options are probably the most attractive asset classes out there when it comes to trading.

 

And over 24 lessons, we’re going all the way to Feb 2017 with this topic. My Algo trading course is that detailed and that full of useful information and source code too.

 

You can learn more here

 

Participate in all upcoming live lessons as a Quant Elite member.

 

As a member, you’ll get source code on multiple in-depth subjects, not “just” the current futures and options course …

 

You’ll get algorithms, models, and trading strategies …

 

And you’ll get the knowledge and confidence to trade any asset class and broker.

 

Plus you’ll be in pole position to trade like a real quant trader with no restrictive API or cloud solutions offered by online businesses.

 

After all, many of their practises may not be in your best interests. Why not do it yourself instead?

 

You’ll not only be more secure, you might just save yourself a huge amount of money.

 

That’s because I give you the ability to control and own your own private cloud solution with no restriction nor worry of any third party ripping off your code or trading IP.

 

It’s all part of the Quant Elite membership package.

 

Here are the regular pricing options you can choose from:

 

MONTHLY: $97/MONTH: Click here

 

SEMI-ANNUAL + 3 BONUS MONTHS ($300 savings): Click here

 

Grab 3 free months worth $300 with a semi-annual membership today.

 

ANNUAL + 12 BONUS MONTHS ($1,200 savings): Click here

 

This is a great chance to get 12 free months right now. Take an annual membership and save up to $1,200.

 

If you have any questions or comments about any of this, just email me and I’ll get back to you ASAP.

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!

How much money do you REALLY need for trading full time

How much money do you REALLY need for trading full time

I talk about in this video how much $ you need to start living off of trading

Join my FREE newsletter to learn about different aspects of tradingyou never thought of

 

My notes:

GOALS:

Why do trading?

Self reliance income, full time

Wealth building

Retirement

 

90 trader fail

90 of their capital

within 90 days

 

Live like a popper

 

Expectation:

Green lights red arrows make $$$

 

Front centre portfolio—certified by lawyers, accountants, and esp. Big 4 consulting EY PWC

Hedge fund-à broker records NOT, call your broker’s clearing house

 

What is the goal of automated trading?

1, Constant profitable trading strategies

  1. Capital preservation (no losses) -> $1000
  2. Profit

 

Grow -> profit back into your all

 

Casino:

$5 -> 0.18 -> $10.50 -> walked $5

  • 5+ -> casino

REFCO -> 1+M account ->$<0

 

Brokers:

Interactive brokers -> 10K USD

Oanda

 

10K USD -> apply -> $9K $1K

 

how to make $1m in trading?

2M

strategies/algos -> constant profit

 

who you are ?

 

 

YOUR GOAL SHOULD BE:

$100 start at automated trading

 

$10 -> 1% daily à FX/OPTIONS

5x 3x 2x

10% 50%

 

https://en.wikipedia.org/wiki/Refco

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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!