Ask HN: How to get into quantitative trading?

#1

Post by P6Rs4r » Fri, Jan 26, 2024, 7:08 PM UTC

I used to be a dev at a quantitative trading shop a few years ago but I lost touch with the trading and programming world for a few years. I'm trying to get back into this and would like to create a system to automate my trading for my personal account. I'd also like to have a backtesting platform. Are there are any resources for this?

Re: Ask HN: How to get into quantitative trading?

#2

Post by mrefish » Fri, Jan 26, 2024, 7:27 PM UTC

This might be a good resource to get started: https://github.com/paperswithbacktest/awesome-systematic-tra...

Re: Ask HN: How to get into quantitative trading?

#3

Post by stcredzero » Fri, Jan 26, 2024, 8:13 PM UTC

Check out TradersHelpingTraders channel on YouTube. They talk about their trading bots on their Discord.

Re: Ask HN: How to get into quantitative trading?

#4

Post by karmakurtisaani » Fri, Jan 26, 2024, 8:25 PM UTC

Check out numer.ai if you're feeling adventurous.

Re: Ask HN: How to get into quantitative trading?

#5

Post by atanasb » Fri, Jan 26, 2024, 8:26 PM UTC

I was wondering the same thing last year.

I ended up in twitter/reddit rabbit holes until I found a somewhat dodgy guy on twitter (@TerribleQuant - account is now deleted).

The person compiled a guide with study resources, courses, YT videos, podcasts, textbooks and everything else you can think of in 21 pages.

If you look for: BBM PUBLISHING INC “Roadmap” Resource Guide 3rd Edition you might be able to find a copy.

Re: Ask HN: How to get into quantitative trading?

#6

Post by GoldenMonkey » Fri, Jan 26, 2024, 8:27 PM UTC

for trading strategies: wilmott.com elitetrader.com researchgate.net

for quant: https://community.quantopian.com/home https://pyquantnews.com https://www.quantscience.io

for backtesting - zipline reloaded - is event based. It is very slow for optimization.

vectorbt - vector optimization - optimize the parameters. optimize - entry and exit parameters, number of ticks. useful for single-asset or spread strategies (i.e. refiner crack spread).

Re: Ask HN: How to get into quantitative trading?

#7

Post by exz » Fri, Jan 26, 2024, 8:32 PM UTC

There are many resources for MetaTrader: https://www.mql5.com/en/market/mt4/free and you can test the Expert Advisors (trading bots) on historical data: https://strategyquant.com/doc/quantdatamanager/test-strategy...

Re: Ask HN: How to get into quantitative trading?

#8

Post by dvas » Fri, Jan 26, 2024, 8:40 PM UTC

Lots of other great answers, another one I came across recently is FinGPT[0]. For backtesting there is zipline [1], but doesn't look like it's maintained anymore.

[0] FinGPT: Open-Source Financial Large Language Models https://github.com/AI4Finance-Foundation/FinGPT

[1] Zipline is a Pythonic algorithmic trading library https://github.com/quantopian/zipline

Re: Ask HN: How to get into quantitative trading?

#9

Post by prakhar897 » Fri, Jan 26, 2024, 8:42 PM UTC

Noobie Question: Does this actually work? I thought alpha was very little and always fleeting so only big hedge funds generate profit from it.

Re: Ask HN: How to get into quantitative trading?

#10

Post by radiusvector » Fri, Jan 26, 2024, 8:48 PM UTC

prakhar897 wrote: post #9

Noobie Question: Does this actually work? I thought alpha was very little and always fleeting so only big hedge funds generate profit from it.

I'm a trader who runs a couple of profitable strategies. You can generate alpha by implementing quantitative (or discretionary) strategies as long as you adhere to the basic principles of profitable trading with a strong emphasis on risk management. There are a million possible trading strategies, which of these will suit your personality/risk tolerance/system design is a matter of personal choice.