PhD in the area of trading strategies

Quote from jack hershey:

Check out the rankings of top tier world class engineering schools.

The three above where I went or even the top 10 will bear fruit for you.

You are correct in that strategy is the name of the game. You will not be welcome in the financial industry. But you may want to work where the greatest "waste" of capital is occurring. They have more capital with which to pay you.

Collecting capital from niave capital providers is very rewarding.

I feel very strongly that the best strategy comes from least connected networks. I also feel that the key to strategy is being able to activate and deactivate parts of the proper networks according to the sequence of events that are transpiring.

So to an acquistion of knowledge then skills for become an expert in financial strategies look into where the theories are taught related to Carnap on logic and Keynes on paradigms.

For combining that with least connected networks also blend Alexander's Method into the mix.

This means you are sitting on the Berkeley Campus in the Mathematics Department. Your Economics and IT experiencee will not be helpful since they drive you away from where problem solving by the use of superior strategies, resides. Too bad.

In optimizing making money, speed is not a factor. The answer is in intertwining about 5 significant Orders Of events. Events replace time.

It took me a long time to figure out why about no one can come to this type problem solving solution to combine how ALL the strategies out there and meld them into a psychological model of behavior that has distinct measures (Parmetric Measures).

Most people get on a tractor and look ahead as they plough a single furrow in a field and go to the next field.

Its better to plough the whole field and then change tools to disc the field into the best conditioned soil for growing capital. "Wasted capital" is what to collect and grow.
yeah except, your posts are so long and convoluted that nobody reads them anymore, and it is just common practice to see when Jack Hershey has replied to hit the "delete" button.

You just happened to catch me on a very slow boring night.
 
Quote from White Knight:

Hi ET'lers,

Hope everyone is doing fine in here!

My name is Hendrik and I'm looking for some input in regard to my vague plans to do a PhD in the area of trading strategies.


I think the problem with doing a PhD in trading strategies is that likely very little would be original research (usually a requirement for a dissertation). Even if you could do the original research, would you want to publish it ?
 
Quote from kandlekid:

I think the problem with doing a PhD in trading strategies is that likely very little would be original research (usually a requirement for a dissertation). Even if you could do the original research, would you want to publish it ?

Brilliantly stated, sir.
 
Quote from oldtime:

damn Random, with that kind of strategy you must be flat most of the time. What do you do for entertainment?

You're right, oldtime, I am mostly flat, most of the time.

What I do for entertainment is raise heritage breed hogs and make whiskey. :)

To the OP - it's from a few years back, now, but probably still worthwhile to dig up the series of papers/articles from the Penn-Lehman Automated Trading Project.
 
Quote from White Knight:

Hi ET'lers,

Hope everyone is doing fine in here!

My name is Hendrik and I'm looking for some input in regard to my vague plans to do a PhD in the area of trading strategies.

Some 7/8 years ago I started using Excel with historical data to evaluate "trading strategies". Doing that for a while let me to some more ambitious research using tradesignal terminal (http://terminal.tradesignalonline.com/) which uses Equilla as coding language which I'm quite familiar with.

I haven't done too much in recent years as I started a career in IT after my Master's in Economics. However, there is still a deeply routed interest in the subject. I've been closely following the financial markets for the last 15 years and was devastated when I couldn't get any financial job when I graduated in 2009.

I'm going for a sabbatical year now and will have some time to spare and would like to spend this on education and research in this area. I was very close to doing a PhD after my studies to bridge the bad time for jobs in finance with some more education but went for an IT job instead as I was sick of living the student life to be quite frank.

At the moment I'm looking for any kind of advice on current research, books/papers, general academic work around this, universities which have done any kind of research around it, funding ideas, professors who might be interested in supervising a PhD, companies that do a lot in quant trading and look for cheap research staff, the list could go on and on but I guess you get the gist of what I'm looking for.

Currently I'm looking at re-optimizing and the possibility to scientifically proof that a cycle of constant re-optimizing can deliver long term risk adjusted returns superior to other asset classes.

If you should happen to have any advice for me on how to go about all this I would so much appreciate if you can share it here or via pm. I feel like some expert advice or any insights from experienced "quants" can really make a difference for me at this stage.

Thanks a million for your time!

PhD? Are you serious?

Anyone with basic logic skills and deductive reasoning can know how to "clean the market's clock"... simple skills which could be taught to a 9th grader.

That's PhD worthy?
 
Quote from Random.Capital:

You're right, oldtime, I am mostly flat, most of the time.

What I do for entertainment is raise heritage breed hogs and make whiskey. :)

To the OP - it's from a few years back, now, but probably still worthwhile to dig up the series of papers/articles from the Penn-Lehman Automated Trading Project.
I saw an interesting doc on tv. An old family in Virgina has been rasing Berkshires for the purpose of selling their own smoked hams.

They have about five acres of woods where the hogs can forage full of acorns (in addition to nomal land.)

He says he is now buying hogs from as far away as Illinois, and can sell all the ham he can smoke.

But he insists all his producers raise hogs the same way he does.

On the other hand, my nephew just about lost the family farm when he and his friends incorporated and set up a hog operation. He bragged to me, "They never actually touch the ground, from birth to slaughter."

I must admit it was a clean operation.

You ever trade those hogs?

I was never very good at it. My grandfather bought them from Heinhold. His grandson was one of the brokers in our office.

otherwise, let me know about that whiskey. My ex girlfriends old grand dad (the Haydens) was the original Old Grand Dad down there on the Ohio river.
 
to OP, nobody's ever done a good study of all in all the time, random entry random exit.

the big problem being random

randomness is one of the most elusive qualities to actually find

there are some old studies of "random number generators" that came out when they first invented computers

and everybody just gave up on it

no matter what I called "random" you could come up with some reason why it wasn't
 
Quote from toc:

Phds in math, physics along with knowledge of programming can devise very good models to trade with high percentage winners. :D

Or they can end up like LTCM.
 
Quote from oldtime:

yeah except, your posts are so long and convoluted that nobody reads them anymore, and it is just common practice to see when Jack Hershey has replied to hit the "delete" button.

You just happened to catch me on a very slow boring night.

Why would anyone read my posts?

You have a very good reason for not reading them: they are too long to read.

This guy would sure be welcome in Tucson. In a month or two he could look over tons of long logic sheets stemming from a complete paradigm and thousands of pages of annotated charts.

From these charts came the strategy for intertwining the five OOE's.

Today's ES trades were:

bar1 short
bar 5 long
bar 9 short
bar 17 long
bar 22 short
bar 29 long
and
bar 32 short

A strategy is in use; the strategy is a combo of strategies.

notice money is being made and I am posting my trades.

This guy wants a break from his job and he wants to write a thesis.

He has restricted his choice to a campus where he can be mentored.

I made a specific case tailored to what he wnts to learn.

I know about what he wants to learn.

Please put me on ignore. This will give you a lot of what you want.
 
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