@zinscapital: If you think markets can be reduced to a statistical model you have already lost.

AMTiskey404 :

Facts only arbitrage based model can be stationary and they decay fast that’s why most so called big quant firm just stick to MM because of infrastructure advantage. If we are talking about directional then you gonna need to have a lot of experience and understanding of fundamentals and macro which helps you have conviction and understand time in the market to deploy your framework or whatever.

Neomurabit :

cmon man. mankind is diverse with so many approaches...everytime someone says it cant be done someone else is doing it

TrentLine :

Facts you need macro understanding to a deep level

vince xîî :

then why is Jim Simons the best in the game

Protos :

We can modelize live macro easily but I got your point

jrijemen :

Cope

QuantPhil :

markets aren’t stationary is generally true, but there are patterns that are stationary. We model the past historical data because that’s all we have, and we are justified so because of autocorrelation. what you say is right. that’s why we don’t use gaussian distribution for our models

tee_finance :

So what do u think of Quant trading?

Thomas Mathole :

knowing macroeconomics whithout the skill of TA is BS u have to read macr to know types of trends your strategy going to performs well on

gillchen :

But doesnt that mean that you don’t have a set strategy? How can you know that it works, when you didn‘t test it?

nerenZoto :

Bro can you talk about trump on trying to control Hormuz and 20% tax on protection whatever. I don’t understand how is that possible.

Alithia :

There are non stationary statistical models

ValueLens :

Bojja :

Stationary

goose :

sigh...

rocketmantwentyone :

Stochastic Calculus 😌

Thanos :

No

Michael :

Every quant knows that statistical models don’t 100% solve a market , not a single one expects a 100% win rate, quants just try to create the best edge with statistics, and it’s proven that quant firms/hedge funds are by far the most profitable and by far the most stable

valuetechinvestor :

So, Jim Simons should have thrown his models in the bin and listen to you

Millionaire's District :

Yes this is the problem with the quant hype, so many systemic quant traders coming out and saying discretionary edge doesn't even Exist and it baffles me everytime I hear it, these guys make sophisticated Maths model and think it will beat the market but it just turns out to be a overfitting mess. But yeah systemic models are good for large datasets but it's not the only way to have a edge.