Hello All,
I am quite new to algorithm trading and been conducting a fair bit of research, as I am very interested.
Where is the best place to start? It's it developing zipline with incoming feeds? Some people are talking Robinhood?
Any help to kick start would be perfect.
Thanks Again
Hi Gary -
Personally, I haven't gotten into trading my own money. Quantopian offers the potential to trade someone else's money, without any risk (other than the "opportunity cost" of developing an algo that may get rejected...but I learn Python and "data science" in the process, so all is not a loss). So, the first cut probably is, do you want to trade your own money? If so, Quantopian no longer supports that option (although you can do research for free on their site).
If you are interested in writing algos for Quantopian, it is a whole different ball game. A top-level view is:
https://blog.quantopian.com/a-professional-quant-equity-workflow/
If your questions are framed in the context of this workflow, you'll be right in step with the Quantopian team (and the new contest rules).
Hey Team, Thank you so much. I wasn't sure that anyone would reply.
@grant yes trading my own money on my mind, but researching options. So Quantopian trades your algo with other peoples money? I guess you get a cut?
What is zipline? Is this a program you can simple backtest data and algos? Or can it trade live?
Hi Gary -
Quantopian formed a hedge fund called the 1337 Street Fund. The idea is to take in money from qualified investors and apply it to algos from their users (see https://www.quantopian.com/allocation). The opportunity is open to anyone.
Zipline is an open-source backtester developed by Quantopian and contributors. See:
https://github.com/quantopian/zipline
Zipline is the backtesting engine used on the Quantopian site (although there are more features available than for the open-source version).
There is an effort to add to the zipline project with zipline-live. See:
http://www.zipline-live.io/
https://www.quantopian.com/posts/contributors-and-reviewers-needed-for-zipline-live
Note also if you want some motivation, there is a new Quantopian contest which should be fun:
https://www.quantopian.com/posts/a-new-contest-is-coming-more-winners-and-a-new-scoring-system
https://www.quantopian.com/posts/new-quantopian-contest-daily-prizes-enter-today
@Gary: Grant gave a pretty good overview there. In my opinion, the best place to start is the Getting Started tutorial. The tutorial walks you through researching and developing a long-short equity strategy on Quantopian. At the end, it leaves you with an algorithm that meets the criteria for the upcoming contest. You can submit to the contest today, and prizes will be awarded starting Feb. 16th.
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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.
In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.
