Nooby McNoob becomes a quant

You should have a standard expectation that results of live trading are going to be significantly worse then your back test results.

 

No doubt, and if his models revolve around smaller capacity instruments you can subtract 1/2 the potential. It's hard to build a good forecasting model around retracements, so he should plan on chasing breakouts above offer. Basically bending over backwards on a daily basis, or get bombarded with unfilled orders.

 

Not if you test correctly and have a large sample size.

 

Another site you may not have come across that is worth looking at is quantstart.com

GAT

 

I know quantopian only allows equities and 1 min historical data. Do you know if this link provides lower granular data and futures market?

 

Thanks for the link, it looks very interesting. How does he fund ongoing content?

 

Dear lord...guy peddling ebooks. This industry is insane.

 

Well, it's the right way - sell them shovels, don't go digging yourself

 

Haha, I agree. I need to stop digging, lol.

 

No it's purely an educational site

GAT