Why don't more retail traders try to learn the techniques of quantitative finance? I'm trying to do it myself, and outside of the difficulty of getting practical experience and actually applying the theory, the theory itself is not that hard. I think it's because retail traders overall are just really dumb people, but there are still many who have the capacity to make it work.The math is accessible to anyone with an engineering, math, or physics degree. Basically it's mostly linear algebra and statistics. Those companies are hiring people with just bachelors degrees in CS for quant positions will tell you that. Yes they are hiring the best new grads with 4.0 GPAs from MIT but they still don't somehow just know PhD level math. Stochastic calculus is a meme from 20 years ago when all quants did was work on the sell side pricing exotic derivatives for banks using models with stochastic differential equations. You don't need it and it's not even really helpful, and there are rigorous books on that deal with all the mathematical prerequisites anyways if you really wanted to learn it.It's not impossible and you don't need to be a super genius to use quant strategies to benefit your retail trading. You just need to be a decent programmer and have decent applied math knowledge. The entire mystique around quant is just gatekeeping trying to keep you from making money so that only hedge funds can use these strategies and models, because they don't want retail investors to make it. They don't want you to be armed with the tools they have so you can keep being exit liquidity.
>it's not fucking rocket science, but none of you would know about rocket science because you're all fucking retards probably
Thanks Anon
>Why isn't anyone doing what PHD level mathematicians backed by billions of dollars of capital are doing? The math is right in front of you!
I'm gonna calculate the hecking bivariate gaussian distribution of the implied vomma aaargghghhhhfg fuck I just shitted myself
>>62010187the market isn't normally distributed. that doesn't mean to use laplace, that means to look for the finger under the cloth stepping outside of brownian motion. thanks for reading my ted talk.
>>62010187I find gemini 3.1 pro is good enough to check the math if you frame the problem correctly, and it's fairly easy to learn the theory from books.The problem it's like competing with poos for twitter impressions. It's a penny for million business. The big firms are doing it on a large scale and no commisions, and can scrap some profit. A single investor will hardly break even after commisions.You can have some luck selling options, if you can price them correctly to sell insurance for a small premium.But that fucks with your risk profile, so might as well go 2x SPY and hope for the best.There is very little free money on the market, you have to pick bets and take risk if you want to outperform an ETF.
>>62010960>perform like ETFquiet boomer
>>62010187because a true artist can click buy and sell based on feelings and outperform any automated math goy autist hft thing it's true but you will convince yourself u need to learn high level calculus or something youve already convinced yourself of this, havent you?
>>62010567I just wanted a pic of a monte carlo simulation
