Good Math Stuff to Know?

Discussion in 'Strategy Development' started by scorinaldi, Jan 2, 2007.

  1. In building strategies, It seems like the more Math expertise one has the better.

    I know that some very successful traders / quants, like Jim Simons for example ( ) are retired professors, or PhDs.

    What kinds of topics work well with market study? I've heard Stochastics ( ) Econometrics, and Probability Theory. Any other ideas? Any book recommendations here?

  2. Vince1


    <b>Were any of the areas you studied in mathematics applicable to developing trading systems?</b><br>
    Certainly - statistics.<br>
    (Jack Schwager & William Eckhardt in The New Market Wizards)<br>
    For a brief intro see Katz & McCormick, The Encyclopedia of Trading Strategies, chap 4 Statistics.
  3. kut2k2


    Differential Calculus.