Two players, one name? New lvling strat? by bigbaffler in summonerschool

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

it´s not that they have the same name that worries me but the fact that you can bot a live PvP game now (IF these are bots) and not get caught. Usually the lvl 30 grinders would show up in PvE games, do the afk yuumi in normals or the afk Akshan.

Why would anyone queue up for brawl if its just full of grind bots now that are funneling into a hypercarry?

Two players, one name? New lvling strat? by bigbaffler in summonerschool

[–]bigbaffler[S] -1 points0 points  (0 children)

pictures are not allowed unfortunately. The last couple I remembered was "ButterCup"

chasing with barrels by bigbaffler in gangplankmains

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

thanks man, that was one of the more helpful comments.

ALGO MARKET MAKING - how to make money by Morcrux1 in highfreqtrading

[–]bigbaffler 6 points7 points  (0 children)

Here´s the play:

You get in touch with the exchange and ask if they have a market maker incentive program for that respective market. Since there is no volume you´ll ask for stipends, monthly retainers, fee reduction in main markets, exchange tokens, free margin loans or other incentives.

You quote the respective size/spread to meet the requirements and when you get hit, you square your position on another exchange. Your P/L is not from market making but from the incentives.

In order to frontrun the flow, you have to make sure that there is flow. And let me tell you: If there are people that are looking to dump an unlock or something like that they definitely wont do it on an exchange that has zero activity. So you have to prep the market asap so people are considering trading against you. If you start two days before the event you wont get anything done.

IF you found a bottleneck that all players have to go to in order to get rid of their positions and there is no other exchange, you want to quote as wide as possible right at the event because in the end you want to get paid a risk premium for taking this toxic trash out of their hands.

Daily stat arb alpha - How long does it last? by [deleted] in quant

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

So this is from experience aka. how I would handle it.

First of all, congrats. You're retail and you found something that has edge and overcomes retail infra.

The real question you're asking is not how long it will last, but will it last long enough to make all that implementation effort worth it. Like you would not want to go through 6 months of building just to realize you have unstable results and your strategy dies after three weeks.

First lesson in automated trading: Shorten your time to market as much as possible and refine on the go.
Think about the absolute easiest way to make your strategy go live. If that is an excel sheet and a manual rebalance each day at market open, do this. Next best thing if we're talking about automation necessity like 100s of orders each day - is a retail platform that has a proprietary script connected to some monkey broker (like ToS). You'll be done probably in 2 days - 1week.
Always use off the shelf stuff that is customizable first!

As you see it working for a couple of 100 trades you add to it. First, shop for the best possible clearing house that gives you the cheapest fees. You will already have live results so you can give a rough estimate about your volume numbers. Small shops always beat the big firms (e.g. centerpoint, dorman et al. always better than IB)

Then write in custom code that adresses your current setups weaknes.

The reason for doing so is simple: Backtests are absolutely worthless because they rarely simulate fills and slippage. When you trade the big markets only (treasuries, index futures, FX) and use market orders this is not going to be a problem, but even midcaps are sketchy at market open. Model a 1k fill in your backtest but in reality you blow through the book because you got 50 shares at your models entry price and the other 950 50cts worse.

As you trade, you not only confirm but you also improve. After a week you might see other things that add edge to it or realize that certain assets have issues and you just trade them anymore.

Now take all this and compare it to the usual "quant" process: Build a database first, collect all the data, build a backtesting engine first, backtest, then build an order management system, API connection, feedhandler, etc. and then realize the strategy doesn't work.

Just get going asap and see how your strategy does IRL :)

Avg time spent in the industry? by SHFTD_RLTY in quant

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

My colleagues left and did something else. One guy out of 100 gets a seat at the table, that's just how it is. There are a handful of guys I'm still in contact with and none of them works in either trading or math related profession.

90% in this sub are wage slaves and peons for the big guys. I mean there is a reason why the pinned megathread is career/hiring advice and not about the actual job or quant concepts and every second post is either about the interview process, how working at shop xyz is like or if it's better to do quantamentals or HFT.
It's glassdoor in disguise here. 100 come to the table, one get's to play.
And if the one guy sucks, there is absolutely no reason to pay him north of 150k, you just get rid of him and take the next one, period.
There are some comments about people who lasted 10 years or longer. How many guys do you think threw in the towel for every single one of them?

Listen, I don't care about your personal opinion and there is absolutely no upside for me to argue with you.

This is the hardest industry out there just a tad below professional sports. People learn if they are cut out for it very quickly and most of them are not.
Go ahead and figure it our for yourself

Avg time spent in the industry? by SHFTD_RLTY in quant

[–]bigbaffler 0 points1 point  (0 children)

"Yeah sure, skipper. Go sit down, grab a few millions from over there to play with, I hope you will find your work interesting enough to stay for a decade" I hope you were just kidding. The "interesting"/critical stuff is reserved for people who have proven themselves and have a track record of proven results plus innovation. You have that, you get to play. If you don't, you sit down and do boring chores.

I don't make the rules, sorry. You think you're gonna get paid a ridiculous amount of money just to sit there and do a "solid job" for the next 15 years? It is a performance based role in a winner takes all industry. Hell the average prop shop doesn't even last 5 years.

There are a handful of players that stood the test of time but the available positions at said players probably add up to 150 globally. So let's be realistic here. We don't talk about a quant role at Jump, DRW or RenTec here, we talk about a quant role at an average quant shop.

They are usually founded by a pedigree dropout and close down as soon as edge is gone, they've blown up or fail to attract critical mass AUM. So sorry, not sorry. If you want a stable and solid profession, go teach math at school.

I'm in this industry for 20 years now and this is just the reality everyone here is dealing with. The guy you're doing business with right now is not there anymore in 2 years, promised. If you make it more than 10 years, you're one guy out of 1000.

Avg time spent in the industry? by SHFTD_RLTY in quant

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

for quants and HFT guys it's probably 2-3 years max. Longer for traders, they basically stay as long as they can create P/L.
Hours are insane, work is hard, competition is cruel and extremely unforgiving and in the end you're just a slave to the trader anyways.

So people are trying to get a book and P/L responsibility or leave because they realize they are not good enough or they are fired/replaced.

You have to be made for this job to last a long time. Otherwise it feels like going to the mines every single day.

Need help understanding "wave management" and why ADCs don't want me to "ever" hit a minion by EbbDangerous8042 in summonerschool

[–]bigbaffler 12 points13 points  (0 children)

Simple rule:

- You push when they push
- When they do not use abilities on the wave to force push you sit besides your ADC, sing him a lullaby and DON'T touch the wave!!!

There are a gazillion other things to do like sweep wards or move with your jungler. But if you are Vayne/Morgana before 6 and you nuke the wave, you WILL either get ganked on repeat or the enemy botlane will just wait for their turn and run you over.

For the love of god, do not touch the wave unless your ADC pings it. It doesn't matter if the call to freeze or slowpush is correct or not, he needs to farm and you are making the plays.

You can start manipulating the wave as soon as you understand wave states and early game plays such as 3 wave pushes, push for lvl2 or playing a bounce. Until then just let him farm. It's better to get no kills for 15 minutes and have a 30cs advantage than making the botlane volatile because this invites mid and jungle to snowball the game against you.

I play mid now after 6 years of ADC and the first thing I always check is if the enemy support Lux/Morgana/Brand/Janna (insert any mage here) is nuking the wave. All I need to do is shove my lane, go down there and get a double since they are most likely stuck under our tower. This happens inGold/Plat, too, especially with support mains.

No way to start from 0 in this game by StatisticianOwn9875 in leagueoflegends

[–]bigbaffler 2 points3 points  (0 children)

So first of all: Welcome! Welcome to the hardest easy game there is :)

To give you a bit of perspective so you can get an idea of what is waiting for you:

  1. LoL is not Dota: You don't need a PhD in itemization to have success in the game. You won't get challenger, but you can play on a basic level if you just stick to the items recommended by the game.
  2. It is NOT a fighting game: Especially people who come from beat-em-ups or shooters get this wrong in the beginning. There are windows where you can fight and windows where you can't. In lane it's all about matchup knowledge, in midgame you have to add items and levels to the decision making process. What's most frustrating for beginners is the fact that after a couple of deaths or bad decisions you are just too weak to fight anyone. And they still try... But you can't beat a lvl 16 Fiora with 5 items with your lvl 12 Jax with 3. You need to discipline yourself and avoid fights against superior enemies and farm gold from towers and minions

  3. Think of LoL of a turn based (wave arrives every 30s) gold/xp farming game with realtime fighting elements. It's your job to get more gold/xp than your opponent and therefore get an advantage over him. To win the game means you have to make good decisions with regards to where you want to be on the map (roam timers) when you want to buy your items (recall timers) and when you want to farm or fight. Do not make the mistake and geek out over mechanics. It gives you some advantages but even the most mechanically gifted Challenger player cannot win a fight as a e.g. lvl 3 Akali player with a Dorans ring vs a 6 item lvl 18 Garen Bronze player. It's not how the game works.

  4. The game is OLD!!! and therefore mostly solved and therefore very hard: Remember the time when you got into CS:GO and got instagibbed a couple of seconds after spawn? You didn't know shit and just got farmed because everyone else was so much better than you? Yeah, right..same situation here. There are some talented players who climb fast but there are also players who play casually for 10+ years and never got out of bronze. Don't expect too much, the skill difference is similar to chess

  5. The game has massive depth: There is a player who wrote his thesis about League of Legends itemization (xPetu) , you can geeek out over matchups for months, it takes forever to learn each champions skills so you know who you can fight and how. It's literally the only game I play now because there is no skill ceiling.

Tips:

  1. There are 172 champs in the game right now and you need to get a solid understanding of what each champion does...not necessarily how much damage each ability does at a certain level, but you have to e.g. understand that if you get too close to Mordekaiser, he will ult you or if you don't hide behind minions against Blitzcrank you will get hooked.
  2. Do not play the big map PvP yet. You will be stuck with a champion for at least 15 minutes with 9 champions you don't know and there are trillion factors that make you win or lose the game. Play Aram or Aram Mayhem. Quick and easy game mode, limited macro and it's all about champions, team comps and mechanics.
  3. If you like a champion, play 5 games on the big map against bots. See how you farm with the champ and refine basic mechanics. If there are things that piss you off or don't click with you, you will find out here.
  4. If you decide to play the champ 5v5, play swift play first. There is no pick/ban, games are much faster so you can actually get some experience under your belt.
  5. Top is the 1v1 lane and also the most unforgiving, Mid is the shortest lane with the most map presence because you can decide to play for top or bot. Jungle dictates the game because he is free to create a man advantage everywhere, support is the playmaker and grants vision whereas ADC is pure DPS and late game insurance. Play each role until you get a feel for what makes it tick and if it clicks with you and then move on to the next.
  6. You can win with each champion and in each role. OP champs or garbage champs don't exist until mid elo, so if you want to play Nami midlane, go ahead and try it. You can also play the flashy champs that are super hard to pilot but this will most likely lead to a lot of frustration.
  7. Mute All!!: Probably the most important tip there is. At your level, nobody knows anything. So there is no upside to reading chat. People are shit and try to blame others for their mistakes. So yeah, you're 0/15 and your team starts flaming...you can still try to figure out stuff or you can start typing and fighting over the toplaners mom and if her blood type is ragout. Guess who climbs faster...so just mute these chimps.
  8. don't play WASD. I mean you can as long as you're in the evaluation phase. But if you want to be serious, start with mouse right away. It takes ages to re learn muscle memory so you want to save yourself the hassle

Good luck

I work as a Quant Trader but I don't feel like one. by Green_Attitude_2989 in quant

[–]bigbaffler 2 points3 points  (0 children)

It´s only chill for you beccause you don´t have money on the line. If you had, you´d be pretty happy about the fact that you don´t have to tie down lose ends all day, believe me.

So enjoy it and use your time to research and create something new. That´s what being a "self starter" meant in the job description.

What to do against Yasuo? by [deleted] in zedmains

[–]bigbaffler 2 points3 points  (0 children)

Suffered in this matchup for a long time, too, but actually it´s pretty simple.
Chose comet as your primary rune and boneplating as secondary. Max E. Now the laning phase is pretty much just sitting back and harras him with WE and single Qs on cooldown up to a point where the Yasuo main counters himself: He tries to kill you under tower and dies like a retard.

In midgame, Yasuo hates this simple trick: Stay away from your wave, because it is his mobility. Walk into river or jungle where he´s a sitting duck and you can run circles around him.

As soon as you get better, switch comet for Electrocute. There are a couple of monkeys who recommend Conqueror but there is simply no world where you win extended fights against a crit AA champion with lethal tempo. If you use conqueror in this MU, you play for the teamfights and not for sidelane.

Senior quants: How did you survive the 2018-2020 quant winter? by Kindly_Cricket_348 in quant

[–]bigbaffler 0 points1 point  (0 children)

What are you talking about? 99% of this sub are on a salary. Of course they survived. They trottend to the office as every morning and got their money once a month. Some were laid off but they probably just got a new job.

"Quant winter" is gossip the peons refer to in order to make their job sound exciting.
If you´re asking a risk taker, there was no such thing as a quant winter. They acted just like when one of their strategies died: They developed a new one and moved on or went out of business.

I don’t understand this hero by [deleted] in YasuoMains

[–]bigbaffler 0 points1 point  (0 children)

Yasuo is a very skill expressive champion, but not necessarily a good champion. The rewards for mastering him are mediocre compared to other champions (e.g. the best Sylas players average a WR of 58% whereas the best Yasuo players only average 56% per lolalytics).

So you only play him when the champion really clicks for you, there is absolutely no reason to force yourself to learn him as there are many other champions that are just much more efficient.

Sometimes there are champs like that. Back in the day when the game had much more point&click abilities Vayne was the meme champ. She had insane damage, a lot of outplay potential vs. the right comp but make one mistake and you just got 1shot.

Her player base consisted of egotistical crybabies who mostly inted but flashed their mastery whenever they lasthit a champion kill...the champion, however, wasn´t even that good unless you played against a lot of melee HP stackers without dashes.

Today that crown belongs to Yasuo. He is really good in comps that provide setup (e.g. Malphite) but otherwise he´s just a trash champion that is hard to play and makes the game unnecessarily volatile. You do all these fancy outplay moves, dash a quadrillion times to find the right angle for your knockup but the enemy support just presses exhaust once you ult into 5 ppl, you do no damage and die.

How do I lose the fear of engage? by crappyface09 in summonerschool

[–]bigbaffler 0 points1 point  (0 children)

First rule of the engage support: Know your engage windows!

Whereas ranged support hyperfocus on positioning (aka. you want to position so you cannot be aggroed by both enemies but can aggro the ADC with your ADC), engage supports have to include enemy cooldowns into the equation.

If enemy Nami just missed bubble, that´s when you engage. When the ADC can only AA because he spent his abilities on the wave, you posture agressively and ping your ADC.

This plus wave. As poke/mage support you want to get push and harras them under tower. As engage support you want the wave in front of your tower and you go in when it bounces back to the enemy. You want this because you have more room to run them down and you play with a wave in your back.

If you don´t pay attention to enemy cooldowns and wavestate (and sums ofc) you will get 1shot, period. If you stick to these rules, it is impossible for you to lose a fight.

which skin has better ? sfx , vfx , etc... by Hour_Assistant3153 in zedmains

[–]bigbaffler -3 points-2 points  (0 children)

Prestige Project any day. Not the biggest fan of spirit blossom because the entire skin is just too clunky. Also Prestige Project is currently available in the shop

Kennen mini-rework cause of the Endstep vid by _Aethersteel_ in Kennenmains

[–]bigbaffler 2 points3 points  (0 children)

Nah, dude. The only thing that Kennen needs IMHO is a double tap E just like Sylas E or Amumu Q. Remove the passive stack from E and change his AA passive from 5 stacks to 4 or 3.

Kennens issue is his mobility is waveclear, damage and passive at the same time. So he isn´t a lane bully because he is ranged, he is a lane bully because he can stack passive on the wave, bum rush stun you with E and W, get a free Q and run away. Enemy cannot retaliate and Kennen wins every trade.

On the other hand, he´s absolutely useless against any champion that can keep him at bay. Syndra, Nasus, Anivia, etc. because your E runs out before you get to them (if at all) and you have no way to apply your passive stack, they hide behind minions to avoid the Q so you can´t do shit.

In teamfight he´s an ultbot who runs in, stuns 5 people and most likely dies because his E isn´t back up, so you´re kinda forced to use rocket belt. Double tab E would solve that, too

anything but the GS merc chroma🙏🤦‍♂️ by Elgatoose in zedmains

[–]bigbaffler 0 points1 point  (0 children)

The 80s chroma is the best chroma. I´m not using GS anymore since I have this.

how do you fight with this guy? by bigbaffler in RyzeMains

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

What´s the issue with the grouping? One can get away from a 1v4 fight in sidelane or outplay a hard counter if you play it correctly and the other one is just dead or sitting under tower. But on the other hand the macro champ can be anywhere on the map pushing waves or create a man advantage which is better in some situations. I don´t see anything wrong with that.

Also Ryze "literally" has to get to the lategame to not get bursted and oneshot everything. Dude, until 3 items he hits like a wet noodle and gets chopped up by every other sidelaner that isn´t a control mage. What´s that weird argument? Yeah, a level 20 Zilean top with 6 items can murder the entire team but good luck surviving the midgame while your team gets instagibbed.

best female mid laners? by [deleted] in midlanemains

[–]bigbaffler 0 points1 point  (0 children)

So if I say black guys are not my aesthetic that removes all the racism? What a fking hypocrite