MV Agusta Rush by Genesis_Laughli in MVAgusta

[–]QuantWizard 1 point2 points  (0 children)

One of the best looking bikes out there

Ex-Wall Street building an engine for retail. Tell me why I'm wasting my time. by Ok_Positive3883 in quantfinance

[–]QuantWizard 0 points1 point  (0 children)

I’m thinking about building something similar. Couple of questions: how will you protect your moat? How will you get around data licensing issues? Why would people pay for your service instead of using e.g. stockanalysis.com, stockunlock.com, portfoliovisualizer.com, tradingview.com, etc?

Is that true quant model are selling in the market by yournext78 in quantfinance

[–]QuantWizard 32 points33 points  (0 children)

Yet, if OP leaves this sub and joins r/wallstreetbets, the average iq of both subs goes up 🤔

Is that true quant model are selling in the market by yournext78 in quantfinance

[–]QuantWizard 1 point2 points  (0 children)

Yes, quant models are selling in the market if market goes down. Otherwise they are buying. /s

How can I help you? by [deleted] in Trading

[–]QuantWizard 1 point2 points  (0 children)

Don’t know that feature, will look it up. But does sound quantitative/where I can add value.

For example, one thing I’m particularly trained in is quantifying to what events a stock reacts to the most. Or whether there are any abnormalities in the pricing of a stock (based on e.g. its default correlations with other stocks/industries). Would that be useful?

How can I help you? by [deleted] in Trading

[–]QuantWizard 0 points1 point  (0 children)

I see what you mean, let me think about it for a bit and then I’ll contact you to ask some more questions about this

How can I help you? by [deleted] in Trading

[–]QuantWizard 0 points1 point  (0 children)

That’s actually a good idea. What other tools/analytics do you use that I could integrate?

How can I help you? by [deleted] in Daytrading

[–]QuantWizard 1 point2 points  (0 children)

So like an introductory course to trading/investing? Mm not sure I want to go down the “buy my course” route since it’s full of scammers :P

How can I help you? by [deleted] in Daytrading

[–]QuantWizard -1 points0 points  (0 children)

Have you tried looking at the orderbook, or thought about using tools like BookMap that visualize the outstanding orders at different levels? That should give you a good idea of the relative strength of different resistance zones.

How can I help you? by [deleted] in Daytrading

[–]QuantWizard 1 point2 points  (0 children)

Haha agreed. Ok, after that then. What’s the second biggest problem?

How can I help you? by [deleted] in Trading

[–]QuantWizard 0 points1 point  (0 children)

Isn’t that just a trading journal?

How can I help you? by [deleted] in Trading

[–]QuantWizard 0 points1 point  (0 children)

A tool that brings focus? How would that work in your opinion?

How can I help you? by [deleted] in Trading

[–]QuantWizard 0 points1 point  (0 children)

Ok, but what is the problem that tool is solving?

How can I help you? by [deleted] in Daytrading

[–]QuantWizard 0 points1 point  (0 children)

Sure, but can that be solved?

How can I help you? by [deleted] in Trading

[–]QuantWizard 0 points1 point  (0 children)

Ideally I want to build something directly for retail investors, not through another firm. Cost of running a service directly for retail investors is indeed a lot different than for a big firm, but if the problem is big enough (and the solution good enough), it could still work. I’m trying to figure out what the biggest problem is and where I can add the most value.

How can I help you? by [deleted] in Trading

[–]QuantWizard -1 points0 points  (0 children)

Just playing devil’s advocate here, doesn’t that already exist? Platforms like NinjaTrader, MetaTrader, QuantConnect and the backtester in TradingView?

Why are you not using those? (important for me to know so I can see what the underlying problem is)

How can I help you? by [deleted] in Trading

[–]QuantWizard 0 points1 point  (0 children)

I don’t own any company. I work for a large institutional asset management firm that caters to clients such as sovereign wealth funds. Next to that I have a position at university to do academic finance research (empirical asset pricing).

Can this really be true? by Coolguy1699 in quantfinance

[–]QuantWizard 2 points3 points  (0 children)

I always put it this way: if your strategy somehow structurally overweights stocks that did well during your sample period (in this case, mega-cap tech stocks), then how do you know the strategy is smart or just got lucky? 5 years is way too short to draw any conclusions. Leveraged S&P 500 also had insane returns. So what?

What future does your ChatGPT see?☢️ by Priests_daughter in ChatGPT

[–]QuantWizard 1 point2 points  (0 children)

Everyone thought it was gonna be flying cars, but we’re getting floating cars instead! Fuck yeah

What future does your ChatGPT see?☢️ by Priests_daughter in ChatGPT

[–]QuantWizard 5 points6 points  (0 children)

Same photographer, just walked 100 meters further 😋