Kamis, 30 April 2020

The Best Environs For Quantitative Trading

Let me verbalize close a theme that is far to a greater extent than mundane than the commons high-brow theoretical discussions of strategies together with algorithms, only that has no less long-term touching on on the bottom line: what is the best portion environs for query together with execution of quantitative trading strategies?

I convey worked inwards dissimilar portion environments before, together with then I experience qualified to offering an informed opinion.

At Morgan Stanley, I huddled over a desk that is semi-partitioned from the residuum of the office: nobody could consider or bother me unless I or they stood up. At Credit Suisse, I shared an portion amongst 2 other prop trading colleagues, 1 of whom was prone to freely sharing his persuasion on diverse electrical flow affairs amongst his officemates. (On the other hand, he complained my biting an apple tree for luncheon was likewise loud for him.) At Maple, a hedge fund inwards New Jersey, I shared an portion amongst close 100 other colleagues on the trading floor, many of whom were prone to same opinion-sharing temptation.

Here at my ain firm, I sit down inwards solitude (except for my cat) inwards my basement office, my dearest classical FM streaming over the internet, my desktop electronically connected to my partner inwards our Chicago office, our trading servers at Amazon together with elsewhere, together with other clients together with partners to a greater extent than or less the world, only unmolested throughout the 24-hour interval unless I voluntarily option upward the telephone or answer an e-mail or 2nd message.

Can y'all gauge which environs is the 1 I notice the most productive? Which 1 has the to the lowest degree stress? And which 1 contributes most to the bottom draw of piece of occupation of my employers/partners/clients?

(Hint 1: read Timothy Ferriss' majority The 4-Hour Workweek. This guy checks his e-mail alone 1 time a week.)

(Hint 2: my trading Sharpe ratio went from negative to >7.)

P.S. I await forwards to coming together some of y'all at the Automated Trading Conference inwards London this Fri (my verbalize volition get-go at 0900), together with others at my pairs trading workshop on the preceding 2 days.

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