move into trading?

[Lockhouse]

I work on a quant desk - I'm not a mathematician, all I do is shovel data into systems that already exist. There are some very bright people that sit alongside me, but I'm not one of them...

I'm good at looking busy and nodding though.

[Troll]

I work on a quant desk - I'm not a mathematician, all I do is shovel data into systems that already exist. There are some very bright people that sit alongside me, but I'm not one of them...

I'm good at looking busy and nodding though.

Top man... your honesty is refreshing!

[HarryPearce]

Was this the era of neural networks?

That's all gone, algorithmic trading is by comparison quite simple.

Neural nets were [maybe still are] part of it, but not the entire picture. AI applied to finance covers a huge gamut from statistical NLP [how to read the newqs automatically to ascertain likely changes in market sentiment], data mining to extract patterns in marketing activity, agent based trading models [try googling financial trading agent model], heuristic driven evolutionary optimisation [esp. for portfolio analsysis in the presence of non linear constraints] etc. But AI's nowt really the physicists are getting involved, anyone for quantum theory based trading http://physicsworld.com/cws/article/print/22098

Have a nice day ya awl!

Nick

[HarryPearce]

Herodutus and Socrates

Nick... just reading that gave me a headache! do you actually enjoy & get personal satisfaction working at this level? if so what are the highs & lows?

Mmmm! I'll take that as a compliment.

Well first I'm not in the financial markets anymore, moved out to live a country life in deepest [Hampshire Wiltshire Somerset]. So the highs / lows are not financial profit sadly. I suppose I just like stuffing my head full of nonsense, as my mother would have said.

The only problem with the approach, that is its low, is that of Herodotus "This is the bitterest pain among men, to have much knowledge but no power."

The high is that of Socrates "The only good is knowledge, and the only evil is ignorance."

TTFN
Nick

[Troll]

Mmmm! I'll take that as a compliment.

Well first I'm not in the financial markets anymore, moved out to live a country life in deepest [Hampshire Wiltshire Somerset]. So the highs / lows are not financial profit sadly. I suppose I just like stuffing my head full of nonsense, as my mother would have said.

The only problem with the approach, that is its low, is that of Herodotus "This is the bitterest pain among men, to have much knowledge but no power."

The high is that of Socrates "The only good is knowledge, and the only evil is ignorance."

TTFN
Nick

Thanks... & it was meant as a compliment btw

[HarryPearce]

Thanks... & it was meant as a compliment btw

My dear chap, how kind. Contractors must be coming up in the world. Next you'll want to be my friend on Bebo :-)

Nick

[Troll]

My dear chap, how kind. Contractors must be coming up in the world. Next you'll want to be my friend on Bebo :-)

Nick

Steady on! ... normal service will be resumed shortly

[RightLaugh]

I haven't a clue what you lot are talking about. I'm a 9-5 Access Monkey and proud of it.

[wendigo100]

Well first I'm not in the financial markets anymore, moved out to live a country life in deepest [Hampshire Wiltshire Somerset].

That's a big place you have there.

Are you a Duke?

[HarryPearce]

I need a large place to hide.

There are no Dukes in [Hampshire Wiltshire Somerset] but if you'd care to call the office at Longleat Lord Bath is always on the look out for new wifelets

Nick