You have to define your time expenditure / expectations within your personal situation. Do you currently have a day job ? Does the job require diligence and focus ? Does it require a long commute / driving your own vehicle? How much trading capital do you have? How much $ non discretionary funds to put towards trading externals ? Do you have a partner / children ? Elderly family members that need care / time ? Do you have a retirement account ? Are you a relaxed or anxious / worried person ? James Director, Quantitative research XXX Boulder, CO
I will do two things: The creation of Skype group for trading system Hi, James. My first goal is not making money. It's to build a framework that allows me to validate and produce good strategies (not curve fitted ones). I want to understand how to avoid curve-fitting: walk forward, parameter selection etc. How to diversify a portfolio: strategies on different time frames, different asset class, non-correlated equities. How to stop a trading system when it does not perform and what to do: 95% DD from MonteCarlo, under-performing the profit expectation by a certain percentage etc. Those are the points. I can code myself. I am looking to learn AFL for AmiBroker or Easy Language for Tradestation. I used to trade Forex which I like, but MT4 is crap and lacks the tools. That's all.
Maybe you should listen to the BetterSystemTrader podcasts to learn more about additional systematic traders (maybe mentors - Andrea Unger has some online course at his SkilledAcademy). Some good interviews, resources and links also from ChatWithTraders (on episode 84 - explore resources and comments for additional ideas). In particular, I suggest you to look also at Python as a language to develop trading systems and to look at Quantopian and QuantConnect. Further reading via Quantocracy. A lot to learn before actually trading!
I know of a good one with solid credentials and client references in the futures prop, CTA, HF, and bank trading fields.
There are good resources on the internet, also http://www.financial-hacker.com https://asirikuy.com The second one is a research community, I don't know much about it but you may be interested
Machine Learning Systems, an appropriate exchange interface platform, with the ECN to properly take advantage in terms of execution - $30K per month. As a marker, RTS is $18K per month - and that's just the execution system w/o any machine learning front end or $16K per month co-located ECN. And btw, with MLS, you are so so so so late to the party. The pretty girls went home in 2006.
You need a psychologist as a trainer , there are over 5,000 free systems on the internet , yet broker statistics are 95% lose even with these free systems.The main risk is the mental states when trading. a trader sometimes needs a boxing ring type trainer.find a profitable one
Anyone know the cost of getting into his Unger Academy ? He doesn't divulge this on any of his websites.