Quantitative Trading:How to Build Your Own Algorithmic Trading Business(1)
"Quantitative Trading: How to Build Your Own Algorithmic Trading Business" by Ernie Chan is a comprehensive guide that explores the world of quantitative trading and provides practical advice for building a algorithmic trading business, especially for individuals interested in quantitative trading.
It covers essential concepts, methodologies, and practical tips to help readers develop and implement their own algorithmic trading strategies while effectively managing risk and building a sustainable trading business.
Due to the significant benefits I received from reading this book, I want to write down some of the most important takeways I get from this book, with the hope that it can also be useful to you.
This passage is about the first four chapters, which introduce basic requirements for independent traders, including search for ideas, perform backtest, and what we need before conducting real trading.