Trading

The Art and Science of Trading

While going through the podcasts at Chat with Traders I came across an interview with Adam Grimes. While checking out his website I noticed he offered a free trading course. It can be found at http://adamhgrimes.com/TAAS/the-course/. I have not got through it all yet, but there is a wealth of solid information. I liken it to Andrew Ng’s machine learning course on Coursera. Well presented and broad introduction to trading with something for everyone at every level. I really like his quantitative approach to determining what work across each market. I find the self analysis harder, but can accept it is necessary.

I have also been enjoying the podcasts at Better System Trader.

Quants, HFT and the Flash Crash

Here are a few of my favorite documentaries on  quants, HFT and the flash crash.

“A quant is a person who specializes in the application of mathematical and statistical methods – such as numerical or quantitative techniques – to financial and risk management problems.” wikipedia

At around the 24 min mark Haim Bodek explains the real advantage that those in the know have.

An interesting look at the flash crash.

HFT Technology and Algorithms

As an engineer I marvel at what has been achieved. As an fx trader I lament the lack of volatility. The trading platform I use has an internal latency of about 100 ms these guy are sub 1 ms.by modifying kernels, router firmware and using FPGA’s.

Barbarians at the Gateways – A former engineer/trader gives a tour of the HFT technology stack.

Online Algorithms in High-frequency Trading – Explore the use of one pass algorithms in HFT.