Christaras' Journal of Becoming an Algorithmic Trader

Discussion in 'Journals' started by christaras, Jul 30, 2025 at 2:57 AM.

    • Who am I? This guy.
    • Why a trader? To free myself.
    • Why algorithmic? To capitalize past experience.
    • Why make my journey public? (i) To get advice along the way. (ii) To help others in a similar position. (iii) To inform future partners on my background.
    July 30th 2025
    Practiced for SIG's online problem solving assessment. Intend to take it tomorrow. Prep comprised solving the sample questions (see link) by hand, noting down formulas used in a cheat sheet. Solution speed is varying, but mostly low.

    Skimmed through Philip B. Stark's SticiGui book (to return to it later, along with E. T. Jaynes' Probability Theory).

    Overall plan: do no serious work in August. Start with Rob Carver, Ernie Chan and Larry Harris in September. Keep an eye out for all math involved. Use my own software. Knowledge is power.

    Beach read: A Man for All Markets by Edward O. Thorp. Currently in Chapter 2.
     
  1. All the best.

    +1 to Ernie Chan, he gave me a point of view that was eye-opening. Bear in mind that at some point, he highlighted that it is challenging to outperform a buy-and-hold strategy on the S&P 500. He essentially tried every corner to find out that being a systematic algorithmic trader is a tough life, against a calm buy-and-forget strategy.

    +1 to Rob's books, he is around on this forum, and also a top writer. He has a journal on this site where he also points out that systematic algorithmic trading has many hurdles to jump on.

    I had no idea about Larry Harris. I should read something by him.
     
    christaras likes this.
  2. demoncore

    demoncore


    Subbed.

    Thorp had a nick on ET in the past.
     
    christaras likes this.
  3. why not start with a live trade room that trades algos every day successfully and profitably???
     
  4. MarkBrown

    MarkBrown

    ask yourself what is something a theory?
     
  5. demoncore

    demoncore

    Translation?
     
    SunTrader likes this.
  6. 2rosy

    2rosy

    christaras and demoncore like this.
  7. MarkBrown

    MarkBrown

    everything has black in it now lol everyone wants a piece of the blackrock magic
     
    SimpleMeLike likes this.
  8. SunTrader

    SunTrader

    How to beat buy and hold $SPX?

    Buy and hold $NDX.
     
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  9. How to beat everyone else is the main question,

    Who wants to Settle for an index Average just to be in line with every unoriginal, impotent, cattle, sheep, braindead zombie under the sun out there,
     
    Last edited: Jul 30, 2025 at 2:44 PM
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