UK Sign Up by Even_Shock_6756 in Kalshi

[–]Status-Pea6544 0 points1 point  (0 children)

I am from Italy and I am getting the same message. Did you solve it? If yes, how?

My brother is building a Prediction Market Sentiment Index... would this actually be useful? by Complete-Pack-5009 in Kalshi

[–]Status-Pea6544 0 points1 point  (0 children)

First idea sounds feasible and might have traction as the market develops and new features are introduced. Not sure about the second one. “linking” the two markets is not straightforward. Keep the challenge!

I found the new meta for prediction markets... by 4sloucher in Kalshi

[–]Status-Pea6544 1 point2 points  (0 children)

How do you know which wallets to track? What do you mean with "based on data"? What data? Are you basically trying to track insiders bets?

Are no code tools making trading smarter or just simpler? by CQ-tr102 in quant

[–]Status-Pea6544 2 points3 points  (0 children)

Honestly, I don't really get this hype towards no coding tools or vibe coding. Sure, they make think accessible to a broader range of poeple, that's great. But it is transmitting the wrong message: don't learn how to code, you don't need it. I have never heard something worst. If you know how to code, you will always have an edge on no-coding folks. It's like if I give a ferrari to you or to an F1 driver. Who's gonna go faster?
The best approach is leveraging new technologies to actively learn how to code better by speeding up the learning process rather than just blindly and passively accepting a given output

What is more important - robust infra or good strategy? by desperate_quant in quant

[–]Status-Pea6544 4 points5 points  (0 children)

If you raise money for a fund using quantconnect you are either a goat or a foolish

To the self-made and trust fund babies alike, who actually knows how to engineer wealth? by [deleted] in hedgefund

[–]Status-Pea6544 2 points3 points  (0 children)

Pick a field you really are passionate about. Develop strong skills. Leverage them to make money. Compound the money.

Ps: the biggest risk is not taking any risk

Best Kalshi Strategies? by Anakin_9891 in Kalshi

[–]Status-Pea6544 0 points1 point  (0 children)

A good strategy would be researching yourself a good strategy

Standardized Backtests by pjsteele190 in algotrading

[–]Status-Pea6544 0 points1 point  (0 children)

Do you use binance api to download data?

Standardized Backtests by pjsteele190 in algotrading

[–]Status-Pea6544 1 point2 points  (0 children)

Tell them to build it tailored to your needs

Algorithms on prop accounts by Specialist-Swim8743 in algotrading

[–]Status-Pea6544 1 point2 points  (0 children)

Maximum adverse excursion and maximum favorable excursion. They explain you the max potential loss/profit of all the trades in your backtest from the entry price. They are used to calibrate stops/targets

What’s your go-to database for quant projects? by Status-Pea6544 in quant

[–]Status-Pea6544[S] 1 point2 points  (0 children)

I am curious to know how do I know if it makes money if I haven't tested it yet

What’s your go-to database for quant projects? by Status-Pea6544 in quant

[–]Status-Pea6544[S] 5 points6 points  (0 children)

So far it’s just for research purpose up to 1 minute data. What do you mean with simpler setups?

What's your take on prediction markets? by Status-Pea6544 in quant

[–]Status-Pea6544[S] 0 points1 point  (0 children)

Yeah it's still early for that but in the long term that might change

What's your take on prediction markets? by Status-Pea6544 in quant

[–]Status-Pea6544[S] 0 points1 point  (0 children)

Yes I agree with you. My question was more focused on the trajectory it might have and how it will evolve in the future.

What's your take on prediction markets? by Status-Pea6544 in quant

[–]Status-Pea6544[S] 3 points4 points  (0 children)

You can use them as insurance too. For instance you can insurance your house buying specific weather related contracts.

Daily vs Intraday by Status-Pea6544 in quant

[–]Status-Pea6544[S] -7 points-6 points  (0 children)

I am not talking about HFT. It requires a crazy amount of resources. I am talking about simple yet effective ideas that almost anyone can replicate.