A new month brings a new contest winner. Meet Andreas, the winner of Contest 9! (also known as the October Prize).
Andreas originally hails from Sweden, then moved to the United Kingdom for his university studies. In the UK, he studied mathematics and then stayed to pursue a career in the finance industry, before embarking on a graduate degree in mathematical physics. He is currently a PhD student in Spain, continuing his journey in mathematics. Andreas stumbled across Quantopian while traversing the web and was immediately hooked. With no previous background in Python, he started learning how to create trading algorithms. He shares, "I started coding up some basic algorithms and was impressed by how easy it was to get going. There was also a great community forum and tutorials that had answers to most questions." His Python skills improved and Andreas began coding a variety of algorithms and trying different strategies.
Andreas was focused on the data. "For me, quant research is all about the data. Analysing and understanding the data always comes first (and backtesting last!). Quantopian has a number of interesting data feeds (that I hope it will continue growing!). My algo uses some of these data feeds to select baskets of stocks to trade". Quantopian provides 13 years of pricing data and fundamental data, along with 22 (and growing) datasets in the store.
Andreas continues to improve his current ideas and test new strategies using the research environment and backtester. "I know how much work it goes into creating a proper backtesting and research environment, and that Quantopian makes one available to you for free is quite amazing!" He is currently in the first phase of his prize, undergoing a quant consultation session. Afterward, he will enter the second phase and begin trading a $100,000 brokerage account for 6 months, and keep all the profits. We'll write him a check monthly for his earnings!
We've already paid out over $2300 in contest earnings. Are you the next contest winner? If so, submit your algorithm by the next deadline on Nov. 2 at 9:30AM ET to start your 6 months of paper trading.