James Hodges 
A few years ago, I got deep into the idea of constructing a long/short equity options portfolio based on the kind of simple factor sorts that had been so successful in quant equity. My original intention was to set up an index and license it to fund managers. Of course, there are many reasons why …
Steal them from other people If you know other people are making money trading an idea, it is often a good idea to pursue it too. This isn’t school. The market gods give no prizes for originality or showing your work. An edge is an edge however you got to it. But be smart about …
The first fundamental problem traders run up against is that there’s no beginners’ market. You have to compete for good prices with the best in the market. This is a problem. There are a lot of people better at markets than you. If you approach trading in a gung-ho manner, it’s basically like playing in …
If you try to teach yourself quant trading from the internet or from scientific papers, you run the risk of spending a lot of time majoring on minor stuff. You see it on Twitter all the time. Well-meaning beginner kwants are spending time worrying about niche modelling or inference techniques rather than trying to understand …
