The firm is called ”Finders Keepers”

Gold

1.6 FAQs Millions of years of evolution (a genetic algorithm) have fine-tuned our ape brains to survive in a hostile 3-dimensional world where the laws of nature are static. Now, when it comes to identifying subtle patterns in a high-dimensional ...

The Finance Book Club

1.3.2.5 Meta-Strategies Problem: Amateurs develop individual strategies, believing that there is such a thing as a magical formula for riches. In contrast, professionals develop methods to mass-produce strategies. The money is not in making a car, ...

The Finance Book Club

Was I right about this too? I’d say so except my broker stopped offering positive swap for short trades so it doesn’t make money for me anymore. Funny how that happens.

Clemmo's Trading Odyssey

Well, if ‘little zag’ means six weeks then I was completely right.

Clemmo's Trading Odyssey

1.3.2.1 Data Problem: Garbage in, garbage out. Solution: Work with unique, hard-to-manipulate data. 1.3.2.2 Software Problem: A specialized task requires customized tools. Solution: Develop your own classes. Using popular libraries means more ...

The Finance Book Club

I’ve learned not to put too much stock in such things but this is the first weekly candle close that broke a previous low and finished the day down (dead down), since August of last year. Has the great bull finally run out of steam?

NAS100 NASDAQ100 ONLY (ND and NQ Futures and CFDs)

1.3.1.6 Portfolio Oversight Life cycle of a strategy Embargo Initially, the strategy is run on data observed after the end date of a backtest Paper trading On a live real-time feed Graduation Real trades Performance is evaluated precisely, including ...

The Finance Book Club

image

Clemmo's Trading Odyssey

url Lets dissect this bit of ‘news’ that got little attention from the FF crowd likely because most people here including me, don’t have a convenient way to short T-bills. The gist is that Bill thinks T-bills are a good hedge against persistently ...

Clemmo's Trading Odyssey

Thanks for your support! I also will shrink from the highly technical chapters but if you have additional insights based on your ML training please feel free to chime in.

The Finance Book Club

1.3.1.1 Data Curators This is the station responsible for collecting, cleaning, indexing, storing, adjusting, and delivering all data to the production chain. Team members are experts in market microstructure and data protocols such as FIX. 1.3.1.2 ...

The Finance Book Club

Just in time for the traditionally bullish Fall season?

NAS100 NASDAQ100 ONLY (ND and NQ Futures and CFDs)

He must be good because look, he’s holding a gold bar! Does he own any gold jewellery as well? That would be the clincher.

Gold

1.3.1 Structure by Production Chain This next metaphor is maybe one of the more important revelations in the book club journey. Visible gold is an infinitesimal portion of the overall amount of gold on Earth. However gold mining still produces ...

The Finance Book Club

1.2.2 The Meta-Strategy Paradigm If you have been asked to develop ML strategies on your own, the odds are stacked against you. It takes almost as much effort to produce one true investment strategy as to produce a hundred, and the complexities are ...

The Finance Book Club

1.2 Why Machine Learning projects usually fail Failure rate in financial ML is higher even than in quant finance (and that’s high) 1.2.1 The Sisyphus paradigm One mistake underlies all the main failures Discretionary managers rely on their judgment ...

The Finance Book Club

Chapter 1 1.1 Motivation “Machine learning (ML) is changing virtually every aspect of our lives. Today ML algorithms accomplish tasks that until recently only expert humans could perform. Books about investments largely fall in one of two ...

The Finance Book Club

This book is a beast and will blow your mind if you don’t already have some background in the subject. However de Prado promises to bridge the divide between discretionary firms trying to get ‘quantified’ and academia so maybe we can handle it. If ...

The Finance Book Club