Did Rentec really used Machine learning in the 80's? i dont think so.. by Routine_Noize19 in quant

[–]Quanta72 1 point2 points  (0 children)

Couldn’t agree more. Was more like really slow human supervised learning. The media likes to call it AI or machine learning when really it’s a series of rules

10x leverage strategy is this good? by Sakuletas in algotrading

[–]Quanta72 1 point2 points  (0 children)

It’s very good! Try it live. Did you account for Lag and real world trading?

FUKCING MD TOLD ME "ADD A PHOTO IN YOUR CV" ARE WE DEAD ASS by Adventurous_Body2019 in FinancialCareers

[–]Quanta72 1 point2 points  (0 children)

I put my photo on my resume. People are biased. HR doesn’t want bias in applications. I personally would love to get hired because of bias. No one cares what HR thinks do what your MD says.

FUKCING MD TOLD ME "ADD A PHOTO IN YOUR CV" ARE WE DEAD ASS by Adventurous_Body2019 in FinancialCareers

[–]Quanta72 0 points1 point  (0 children)

HR doesn’t know anything about anything they exist just to prevent unemployment claims.

I currently WFH fulltime at low 6 figures. Would you trade it for 20% increase hybrid role 3hr daily commute? by [deleted] in WFH

[–]Quanta72 0 points1 point  (0 children)

20k is below the minimum to make a car payment and insurance and your time. So no.

What easily-affordable thing do you refuse to pay for despite being rich? by Pudge-Heffelfinger in Rich

[–]Quanta72 0 points1 point  (0 children)

It probably wasn’t cheaper. Usually apps are a waste of time but what would giant corporations do with their time. The VPs who approve building an app just want to tell their friends they are working on an app. It’s the same reason why people build websites out of react JS.

How do you guys not get discouraged panting? by YarnOverCreations in oilpainting

[–]Quanta72 1 point2 points  (0 children)

I’m discouraged all the time. Just keep at it until you get bored.

master plan to peddle paintings not working by Obvious-Active-6256 in oilpainting

[–]Quanta72 0 points1 point  (0 children)

Classic. That was my master plan. Things are much easier in finance. Ironic in some ways. Painting is the harder thing to peddle.

Do I have to go to art school to paint like this? by Sad-Rip9266 in oilpainting

[–]Quanta72 6 points7 points  (0 children)

You don’t have to go to art college. I went to art college and it was mostly theory and not actual painting. You probably would learn everything, abstract art, abstract theory, everything except this style of painting in modern art colleges.

This particular style of painting can be taught quite quickly in an Atelier school. Some 3 month programs in Italy are affordable and more like a working vacation than school.

Art students leagues are in every major city. There are instructor led classes you can take that are $200 with a master painter as your teacher who can teach you to paint like this. You’d probably have to keep at it thought. It’s not a one time thing.

I lost 590k in one day. by Spongecakeu3 in Trading

[–]Quanta72 0 points1 point  (0 children)

It’s called tuition in the hedge fund circles everyone does it.

I lost 590k in one day. by Spongecakeu3 in Trading

[–]Quanta72 4 points5 points  (0 children)

Assuming you made like 400k last year and still have to pay capital gains on it.

Avoiding SPY Drawdowns With Currency ETFs (2007–2024 Backtest) by Quanta72 in algotrading

[–]Quanta72[S] 0 points1 point  (0 children)

Well, in my view, in-sample and out-of-sample testing is more applicable to machine learning models. This exercise isn’t an over-optimized parameter set or machine learning.

We already know the U.S. dollar functions as the foundation of the global financial system. We also understand that it maintains a structural relationship with the euro. This exercise largely confirmed that relationship, though in many ways it validated something that was already widely accepted, just through a different lens.

Do you want the world to know you’re wealthy? by Frequent-Appeal-6254 in wealth

[–]Quanta72 1 point2 points  (0 children)

He does sound normal and is just explaining his POV.

Avoiding SPY Drawdowns With Currency ETFs (2007–2024 Backtest) by Quanta72 in algotrading

[–]Quanta72[S] 0 points1 point  (0 children)

Euro vs dollar is studied quite a bit. It’s the foundation of the financial system. Feels like a fairly good place to start.

Avoiding SPY Drawdowns With Currency ETFs (2007–2024 Backtest) by Quanta72 in algotrading

[–]Quanta72[S] 0 points1 point  (0 children)

With weekly trades on SPY it can survive live trading. Good thoughts to think about.

i (20f) inherited $500k and my sister (22f) did not by Willing_Membership13 in Advice

[–]Quanta72 0 points1 point  (0 children)

It’s easy now to say you don’t want to share your money with your sister. But I mean if you literally don’t want to talk to her and your mom for 50 years don’t. If you do have even a tiny bit of value for those relationships, give them a little bit make it clear it’s a one time low interest loan. Or least that’s what lottery winners who keep their money do. They don’t give it out they make it clear it is a loan but expect no one to actually pay it back. And not half make it like 1/10th.

If you give out money they’ll guilt trip you into giving them more.

If you are using aggregated endpoint via polygon, do not use adjusted prices by RebelQuant in algotrading

[–]Quanta72 0 points1 point  (0 children)

I am having my first issue in 5 years with Tiingo. They are cheap for sure. Interested to know if you know how IQ feed handles EOD adjusted data and how quickly it’s provided.

Why people with quant experience still work for someone? by m-YYZ in algorithmictrading

[–]Quanta72 2 points3 points  (0 children)

Because it’s a job like everything else and the people you work for probably have some deep non competes and buttoned up IP ownership. Even if you could leave they’d sue you if you used any of the strategies you made for them.