Me:
A tech startup boosterism story about a new start-up that promises to bring to algorithmic trading to the masses. Thoughts?
Eric:
It will never work or gain wide adoption. It could help a few extra stat/math guys that don't know anything about finance but it's not like there's millions of quantitative guys just lying around. Plus he's late to the game:
https://www.quantopian.com
And that is just one site, I believe there are more. The reality is quant trading requires a
decent amount of technical skills that most people don't have, a ton of independent research,
and a lot of work to gather the data, analyze it, and code up a strategy. If anything makes
short term (intraday) strategies easier to find, they will go away faster than average retail traders could make money on them.
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