Math PhD strategist looking for capital

econometrics · Dec 7, 2011

i like this idea. great start.

brisvegas · Dec 7, 2011

Quote from randommatrix:

You can see the prediction of global markets for Dec 7th 2011 in our website. You will see we are a serious and professional team doing quantitative trading:
http://aatsys.com/download.html

If the dax finishes down 3% and the CAC finishes up 2% ill send you every cent i have , I,m very confident my money is safe . Those predictions are just total bunkem . How can anyone take that seriously , looks like random rubbish .

dtan1e · Dec 7, 2011

in over 18 years trading and investing i've never come across anyone with sharp higher than 3, either u r are trading inside info or a complete hogwash

heech · Dec 7, 2011

I'm Chinese, so for that reason alone I'm interested. I don't care that your English isn't perfect... The Chinese version of the site looks great.

That said, can you talk more about your business model? I've looked at the site and its not clear to me what you're offering and proposing. How many RTs/million are you trading that CME membership commissions are necessary?

EricP · Dec 7, 2011

Quote from randommatrix:

Like all the established and successful trading firms, eventually, after we accumulate enough capital, we will only trade our own capital and won't accept other money at all. You guys give me an impression that you guys are not professional traders because you don't know the research of quant trading is not free.

Actually, I think this is one of the challenges that you face from investors. You are essentially asking an investor to risk their capital on a promising, but untested, strategy. The investor faces a risk of loss of their capital. Let's assume that trading is successful and profitable => Once the strategy has been proven and begins to build profits, your plan is to drop the investor and only trade your own capital? Doesn't seem like an attractive option for an investor, if I understand you correctly.

Macho · Dec 7, 2011

Quote from randommatrix:

You can see the prediction of global markets for Dec 7th 2011 in our website. You will see we are a serious and professional team doing quantitative trading:
http://aatsys.com/download.html

The "predictions" are only 6-7 hours late and the S&P ES are virtually the same as my pivots.

The others , I did not look at.

Edit: The forum you offer is all (280 +) items are all spam and No chinese menu to order out!! :mad:

drm7 · Dec 7, 2011

There are a lot of prop trading firms in Chicago that you could talk to. Even if they don't accept your strategy, you could get a job there. Talk to Maverick.

sle · Dec 7, 2011

Quote from randommatrix:
Just like doctors hope to get more patients, qualified math PhDs have the ability to manage the risk of financial markets.

This is not even remotely true (and I can tell this as a fellow math PhD). An average mathematician would not even know where to start and, more importantly, where to stop.

To quote from myself, "the most sensetive market model is your own spanked bottom" and it takes years and years to arrive at the level where you know that something works or something does not.

Quote from randommatrix:
In fact, capital is always looking for good managers.

Definitely true. But the reality is that even with a good track record it is pretty hard to raise a significant amount of capital. A collection of phds without any serious financial experience and no (by the looks of it) real infrastruture has snowballs chance in hell of getting any institutional capital.

Quote from dtan1e:
in over 18 years trading and investing i've never come across anyone with sharp higher than 3, either u r are trading inside info or a complete hogwash

I have seen guys with stupidly high sharpe (in double digits), but these usually were "true" HFT strategies and they where very capacity constrained. Somehow, I doubt the OP is running this sort of business.

zdreg · Dec 7, 2011

Quote from EricP:

Actually, I think this is one of the challenges that you face from investors. You are essentially asking an investor to risk their capital on a promising, but untested, strategy. The investor faces a risk of loss of their capital. Let's assume that trading is successful and profitable => Once the strategy has been proven and begins to build profits, your plan is to drop the investor and only trade your own capital? Doesn't seem like an attractive option for an investor, if I understand you correctly.

his hope is normal. anybody who gave them capital would put clauses in a contract and make an estimation of the principal's character.

Macho · Dec 7, 2011

To give credit where credit is due. The "predicted low" was 4950 and he hit it smack on. (so far) . The current high was also on the money.!!!

And that happened after his post.

And looking for a close around 57-58.

Looks like the predictions are based on SP's and not ES. All good for gumnet work.

Let's see what tomorrow brings.