Quantitative Trading: How to Build Your Own Algorithmic Trading Business
While institutional traders continue to implement quantitative (or algorithmic) trading, many independent traders have wondered if they can still challenge powerful industry professionals at their own game? The answer is "yes," and in Quantitative Trading, Dr. Ernest Chan, a respected independent trader and consultant, will show you how. Whether you're an independent "retail" trader looking to start your own quantitative trading business or an individual who aspires to work as a quantitative trader at a major financial institution, this practical guide contains the information you need to succeed.
What people are saying - Write a review
Good news! The retail investor can learn the algo tools and create meaningful systems.
Bad news! Hft has now overtaken the market so that you I'll not be able to trade.Nevertheless, modeling is important so that you develop discipline in your market decision making.
Great book with sources to help structure you ideas.
Introductory text about stat arb strategies with easy to follow examples written in Matlab. I was able to run all the examples in Octave with tiny modifications.