POTENTIAL IDEA

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POTENTIAL IDEA

posted Apr 23, 2015

Hello Guys and Girls

I am 23 yr old Prof Equities Trader in NYC. I am a beginning quant student, but Trader first and foremost. My firm's platform API is in Py which is great since so is Quantopian. I've managed to do well Discretionary Trading, however I know that I am not playing with all the chips if I don't automate and expand my reach.

I have an ample amount of ideas that I know work by hand. However, I really need to work on some recent ideas about LULD that I need to code ASAP since I am supposed to come up with something to show my superiors within the following month or so.

I propose the following:

Anyone here who is a serious programmer.....contact me. And if we put together things that work I can get funding from my firm. All depending of course if the quant guy here approves it. We also are always looking good quant guys and I happen to be head of College recruiting. So a lot of opportunities if we can make something that makes some $.

8 responses

Jeff K

Apr 23, 2015

Are you a day trader only?
Have you done any backtesting of any of your discretionary ideas? If so, how far back?
How do you know you're not curve fitting with your "ideas?"
How do you manage risk as a discretionary trader?
What types of stocks do you like to target in terms of liquidity?
How do you intend to keep your ideas confidential if you hire a quant to code it for you?
What compensation model are you offering?

sam rawwsteen

Apr 23, 2015

Mostly day trader, ill hold O/N once in a while. No back testing, i just trade price action and make money. However the guy I learned to trade from is Quant and Discretionary and his algos are fantastic.

How do I manage risk? thats a convo im too tired for at the moment. But basically you just don't be an idiot. Don't put ur account at more risk than you should take. It's very quite basic lol

I trade things that move. Anything with volume that moves.

Confidential....well NDA 1st. but the quant guys at firm sign paper work idk im not a lawyer but have one.

Id be willing to split 50/50. Since I can't get my ideas in code.....and chances are if uve never day traded u cant put my ideas in code.

sam rawwsteen

Apr 23, 2015

50% of course of net. And profit split at firm is 50%

But of course id want to have a skype/phone call with details. Sorry Its 1023 here and im still at the office doing my Python class on CodeAcademy haha

sam rawwsteen

Apr 23, 2015

Also....we have an options desk and are bringing on Futures Desk. i have some ideas on options side....or looking to explore at least.