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vicirek
Registered: Dec 2011
Posts: 386 |
10-25-12 12:28 AM
Quote from White Knight:
At the moment I'm looking for any kind of advice on current research, books/papers, general academic work around this, universities...
The only school I can recommend is School of Hard Knocks
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oldtime
Registered: Jun 2011
Posts: 7479 |
10-25-12 12:52 AM
Quote from Random.Capital:
There are a number of academic papers on the general topic of smart order routing algos, getting execution across multiple venues, including dark pools, doing all this in the presence of other algos, etc. Google will get you there.
Around here it seems most people seem to think algo trading is basically automated TA, but the reality is most algo trading is about using intimate knowledge of market microstructure to get the best possible executions, and flushing out small pricing discrepancies across a fragmented execution space.
If you want a specific "application" to play with, you could explore robust strategies to sell X when everybody on the other side of the trade is trying to buy X with VWAP and TWAP. It's well-trodden ground, yes, but it remains a less-than-satisfactorily problem, and most importantly will get you thinking in terms of how the markets are actually built, and how executions actually happen.
No end of things to play with in this space...
damn Random, with that kind of strategy you must be flat most of the time. What do you do for entertainment?
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oldtime
Registered: Jun 2011
Posts: 7479 |
10-25-12 01:04 AM
Quote from oldtime:
damn Random, with that kind of strategy you must be flat most of the time. What do you do for entertainment?
there are Tibetan foxes who will stand motionless everyday until conditions are right, and then even still, they won't make a move until somebody makes a mistake.
And then there are cockroaches like me, who are happy under a warm refrigerator, and if we can't find any food, we will eat cardboard.
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jack hershey
Registered: Feb 2003
Posts: 7475 |
10-25-12 01:16 AM
Check out the rankings of top tier world class engineering schools.
The three above where I went or even the top 10 will bear fruit for you.
You are correct in that strategy is the name of the game. You will not be welcome in the financial industry. But you may want to work where the greatest "waste" of capital is occurring. They have more capital with which to pay you.
Collecting capital from niave capital providers is very rewarding.
I feel very strongly that the best strategy comes from least connected networks. I also feel that the key to strategy is being able to activate and deactivate parts of the proper networks according to the sequence of events that are transpiring.
So to an acquistion of knowledge then skills for become an expert in financial strategies look into where the theories are taught related to Carnap on logic and Keynes on paradigms.
For combining that with least connected networks also blend Alexander's Method into the mix.
This means you are sitting on the Berkeley Campus in the Mathematics Department. Your Economics and IT experiencee will not be helpful since they drive you away from where problem solving by the use of superior strategies, resides. Too bad.
In optimizing making money, speed is not a factor. The answer is in intertwining about 5 significant Orders Of events. Events replace time.
It took me a long time to figure out why about no one can come to this type problem solving solution to combine how ALL the strategies out there and meld them into a psychological model of behavior that has distinct measures (Parmetric Measures).
Most people get on a tractor and look ahead as they plough a single furrow in a field and go to the next field.
Its better to plough the whole field and then change tools to disc the field into the best conditioned soil for growing capital. "Wasted capital" is what to collect and grow.
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oldtime
Registered: Jun 2011
Posts: 7479 |
10-25-12 01:27 AM
Quote from jack hershey:
Check out the rankings of top tier world class engineering schools.
The three above where I went or even the top 10 will bear fruit for you.
You are correct in that strategy is the name of the game. You will not be welcome in the financial industry. But you may want to work where the greatest "waste" of capital is occurring. They have more capital with which to pay you.
Collecting capital from niave capital providers is very rewarding.
I feel very strongly that the best strategy comes from least connected networks. I also feel that the key to strategy is being able to activate and deactivate parts of the proper networks according to the sequence of events that are transpiring.
So to an acquistion of knowledge then skills for become an expert in financial strategies look into where the theories are taught related to Carnap on logic and Keynes on paradigms.
For combining that with least connected networks also blend Alexander's Method into the mix.
This means you are sitting on the Berkeley Campus in the Mathematics Department. Your Economics and IT experiencee will not be helpful since they drive you away from where problem solving by the use of superior strategies, resides. Too bad.
In optimizing making money, speed is not a factor. The answer is in intertwining about 5 significant Orders Of events. Events replace time.
It took me a long time to figure out why about no one can come to this type problem solving solution to combine how ALL the strategies out there and meld them into a psychological model of behavior that has distinct measures (Parmetric Measures).
Most people get on a tractor and look ahead as they plough a single furrow in a field and go to the next field.
Its better to plough the whole field and then change tools to disc the field into the best conditioned soil for growing capital. "Wasted capital" is what to collect and grow.
yeah except, your posts are so long and convoluted that nobody reads them anymore, and it is just common practice to see when Jack Hershey has replied to hit the "delete" button.
You just happened to catch me on a very slow boring night.
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