Serving the Quantitative Finance Community

Search found 13 matches

by MC81
November 27th, 2009, 2:29 pm
Forum: Careers Forum
Topic: How to get to algo trading world
Replies: 43
Views: 42652

How to get to algo trading world

<t>When I look to hire guys in this area, I look for two things: smarts, and passion / enthusiasm. Neither of these can be learned. Sure there are math and cs reqs, but any smart guy can pick these up (and if they want to be in the area, already have). And all the market microstructure, game theory,...
by MC81
September 19th, 2009, 3:30 pm
Forum: Careers Forum
Topic: Advice to start as a quant in late 30s
Replies: 144
Views: 61025

Advice to start as a quant in late 30s

<t>QuoteOriginally posted by: twofishQuoteOriginally posted by: EEGradTwofish,Since you are a US citizen, and you enjoy science and research, why did you not work for any of the government labs.Because government lab jobs are hard to get, they don't pay quite as well as industry, and perhaps most im...
by MC81
September 16th, 2009, 12:30 pm
Forum: Careers Forum
Topic: Advice to start as a quant in late 30s
Replies: 144
Views: 61025

Advice to start as a quant in late 30s

<t>QuoteOriginally posted by: twofishThat's because there is a huge amount of machinery involved which you don't notice. For example, it's unlikely that you were actually selling at the market price. What happened was that you sold your shares to someone that was charging something slightly above ma...
by MC81
August 2nd, 2009, 3:26 am
Forum: General Forum
Topic: What's the big deal about bonuses?
Replies: 24
Views: 42048

What's the big deal about bonuses?

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: TitanPartnersNot only are the size of the bonuses at the top both a morally and ethically reprehensible redistribution of wealth from the poor workers of society to a tiny proportion of well connected rich Suppose all bank compensat...
by MC81
July 29th, 2009, 9:14 pm
Forum: Trading Forum
Topic: What software is good for backtesting trading strategies?
Replies: 26
Views: 70163

What software is good for backtesting trading strategies?

<t>QuoteOriginally posted by: mackmuffinsYou should not worry so much about backtesting. Backtesting is a big time waster and it will not help your trading.Backtesting is curve fitting which means that you are basically testing all these parameter values based upon noisy data.You should instead figu...
by MC81
July 29th, 2009, 11:10 am
Forum: Trading Forum
Topic: Order Latency
Replies: 2
Views: 37671

Order Latency

google vwap and volume in line trading algorithms
by MC81
July 29th, 2009, 11:01 am
Forum: Trading Forum
Topic: How much Option pricing is in Quant trading
Replies: 8
Views: 38595

How much Option pricing is in Quant trading

In my limited experience I've never had a use for it. But like most things it doesn't hurt to know.
by MC81
July 29th, 2009, 10:58 am
Forum: Trading Forum
Topic: Tick data
Replies: 20
Views: 47570

Tick data

QuoteOriginally posted by: msmithJust curious about the pricing of DataScope. Any idea?I recall it being quite expensive; several k usd per instrument.
by MC81
July 6th, 2009, 1:02 pm
Forum: Careers Forum
Topic: How do I know what I'm worth?
Replies: 23
Views: 41485

How do I know what I'm worth?

I guess I'll know if I'm dreaming soon enough.. but my base is higher than that.
by MC81
July 6th, 2009, 12:53 pm
Forum: Careers Forum
Topic: How do I know what I'm worth?
Replies: 23
Views: 41485

How do I know what I'm worth?

<t>Perhaps I should have set the topic to 'how can I get as much as possible without pissing off my boss or co-workers'.I can find another job, I have no doubt about that, but I like where I am and what I'm doing now (I know this puts me in a weaker position). But they would be silly to let me go gi...
by MC81
July 3rd, 2009, 11:10 am
Forum: Careers Forum
Topic: How do I know what I'm worth?
Replies: 23
Views: 41485

How do I know what I'm worth?

<t>Thanks for the insights. It makes sense that I can't sit back and expect to be given whatever I think is 'fair'. Nothing else in this world works that way.. I have some idea of what is available so I know what's realistic. I'll just need to find a good place to negotiate from.Anyone have any good...
by MC81
July 2nd, 2009, 11:12 am
Forum: Careers Forum
Topic: How do I know what I'm worth?
Replies: 23
Views: 41485

How do I know what I'm worth?

<t>I've been at my first job out of uni for close to a year now, and will be meeting with the boss soon to talk about my performance and bonus. I think its best if I come into the meeting with some idea of what I should expect.Are bonus calculations fairly standard in the industry, or is it up to th...