| ▲ | helsinki 3 days ago | |||||||||||||||||||||||||||||||||||||
If you’re making real money trading, you’re not telling people about it. | ||||||||||||||||||||||||||||||||||||||
| ▲ | dataviz1000 3 days ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||
I set out on a journey to learn quantitative trading based on signals. The first thing I did was study linear algebra, calculus, statistics, probability, and deep learning. Four months in, I’m on chapter 11 of a deep-learning time-series forecasting book, working through the problems when the author mentions that, to date (it has changed since), there hasn’t been a published paper proving deep learning works better than traditional statistical analysis—i.e., everything in scikit-learn. That sucked. So I moved on to the next step. There’s an industry that generates hundreds of millions of dollars in ad revenue from blogs and videos on how to trade. For several months, I tested each of these strategies using a backtesting library, vectorbt. People had blogs and videos about using XGBoost and LSTM with other deep-learning libraries—every single one failed. There’s so much BS in the industry, and I got sucked into the rabbit hole. At least I’m honest enough not to take advantage of other people. Maybe I’ll start a YouTube channel where I backtest every strategy to show everyone that they all fail—and explain why. | ||||||||||||||||||||||||||||||||||||||
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| ▲ | wolfman1 3 days ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||
What about Hedge funds? | ||||||||||||||||||||||||||||||||||||||
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