Analysis Tools That Vic Niederhoffer Used ?

That was my point...R and Python are actively used and will most likely be actively be used going forward. You can't go wrong by learning either.

If you need to loop in your analysis, you will need something like the packages I mentioned. If not, just use Excel. I've personally found some very interesting things over the course of my career using Excel.

Or, try something like TradersStudio.

Edit: As per the above post, Excel+VBA also works.

Any books/resources which are aimed specifically at traders who want to become knowledgable at python for strictly trading purposes not developing apps/programs etc.
 
Any books/resources which are aimed specifically at traders who want to become knowledgable at python for strictly trading purposes not developing apps/programs etc.

Most likely the stuff aimed at trading assumes a basic knowledge of the language/platform. Do the following:

1. Download R from https://www.r-project.org/

2. Do a google search for an R tutorial or buy something like R for Dummies

3. Learn the basic I/O procedures the commands

4. Try a basic analysis like reading in daily S&P data from Excel and calculating daily % price changes.

5. Progressively try harder calculations

6. When you get stuck, ask google for help

This is how I learned to program. Didn't take that long.
 
R-Finance is a huge community of people using R programming for quantitative purposes.. I personally was in a position where i couldn't afford some proprietary platform of research. Amibroker was great for the price but i trade spreads, and vol, options, crude blah blah.. I realized very quickly that learning R was going to be worth it's weight in gold.. And yes it very much so was.. There is an entire community of people willing to help you.. Tons and tons of documentation and help... Programming might seem daunting at first.. But its not, and its totally worth it.. You will be able to ask the questions of the data you normally would not be able to..
I am part of the community and have made friends with alot of the core contributors.. Derman came and spoke to us at the conference this year.. It is a great community to be a part of ...

http://www.rinfinance.com/
 
R-Finance is a huge community of people using R programming for quantitative purposes.. I personally was in a position where i couldn't afford some proprietary platform of research. Amibroker was great for the price but i trade spreads, and vol, options, crude blah blah.. I realized very quickly that learning R was going to be worth it's weight in gold..

Very interesting. I am at the phase where I have stopped trading (I have been using a big retail bank's system) and started my research to find how I would adapt my strategy using a programming language.

As I am also looking at Amibroker could you elaborate more on that please? I trading options, futures & crude, why you decided that Amibroker wasn't for that?

I have read all the long forum fights between fanboys of system A vs system B, I am not willing to start a discussion like that here :)
 
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