This 4-minute video by Nassim Taleb will show you why the quant Monte Carlo formula still works and how traders using it
Bookmark - watch it. It will forever change your approach to trading. Then read the article below
This 1 hour MIT lecture on "Probabilistic Analysis" using Markov Chains will teach you more about prediction markets than a 2-month Wall Street Quant firm internship.
Bookmark this & give it 1 hour today, no matter what. It’s the most productive start you can give your week. Then read article below
@GoshawkTrades Thanks for the amazing info. Just wondering for ATR calculations, based on the formula, you mentioned “Position Size: $100 ÷ ($2 × 1) = 50 shares”, why the price is $1 and not $50?
This 1 hour lecture on Bloomberg Terminal will teach you more about trading markets than a 2 month internship at Goldman Sachs or JPMorgan.
Bookmark this & give it 1 hour today, no matter what. It’s the most productive start you can give your week. Then read the article below.
The real edge in HFT has nothing to do with money:
Ex-HFT trader, Cambridge — traded at top-tier quant trading firms (Flow, Tower) before stepping away.
Annanay Kapila (@annanay) explains:
"What really differentiates the people who just want to make money and the people who make it — they have a desire to win against other people who are also really smart."
"That overrides everything else."
"Look at people like Ken Griffin — they've made billions. They're set. They could call it quits any day."
"But they constantly rage about market structure. They constantly rail against people they consider their equals — because they can't stop without feeling like they've been beaten."
"It transcends money. It transcends rationality."
"I have friends from my Cambridge class making over five million a year. They don't need to work anymore. But everyone keeps going."
"Everyone who gets selected has that desire to win. That's what transcends the logic of it."
This 2-hour clip changed my trading forever.
I literally became profitable after watching it.
Even if you've already seen it.. it does not matter.
Watch it again.
I watched it 6 times.
Give it a watch, I'm begging you.
https://t.co/mWoEeZcmxi
Most people will spend tonight watching Netflix.
The top 1% will spend it studying why they're losing.
This guy explains the exact reason some people win in life while others stay stuck.
2 hours. Could change everything.
GOODBYE, FUND MANAGERS. GOODBYE, BLOOMBERG TERMINAL.
No more $24,000/year subscriptions.
Claude just turned my laptop into a private quant analyst.
Here are 10 prompts to build your own hedge fund at home ↓
Last week @claudeai released the Equity Research plugin and of course I had to check it out
Sharing all the details below on how to use it along with the outputs, so you can see for yourself.
Bookmark this thread & read till the end📌