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Asking for some recommendation

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 chi fung chan, Student at ??????

 Monday, May 23, 2016

Hello everyone, I am from Hong Kong, now working as a warrant trader in a local security firm. At the same time, I am taking course to learn machine learn in python. With just one and a half working experience, I feet a bit lost. Sometimes, I am really curious how to achieve better in my career, that is one of the reason why I will learn coding in the online. But It seems that it is not many jobs related to algo trading ( or mostly just internal offering), especially there is not many chance in HK. Thus, can anyone give me some advice of it? I really wanna work in trading industry or doing something about finance data, quant or research. But it is discourage that there is really not many opponents I can see even though just for a junior postition. Can anyone help?


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23 comments on article "Asking for some recommendation "

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 Oleksandr Medviediev, Portfolio Analyst – FIBI

 Tuesday, May 24, 2016



(1.) Better to lower your expectations. Just to get noticed - algo-trader should be able to show:

-- 2+ years verifiable track-record with Sharpe 2+


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 private private,

 Tuesday, May 24, 2016



since you afford to lower the expectations of people, I guess you have a verifiable track-record. Can we see it? :)


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 Volker Knapp, Consultant bei WealthLab

 Wednesday, May 25, 2016



No matter how good you will be as a programmer I think your problem will be that you do not have a title. The big firms rather hire titles (combined with skill - to be fair). At the same time, if you really have found something that is good with your programming skill, you should trade it yourself; or better: Let the machine trade it.


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 Oscar Cartaya, Private Investor

 Wednesday, May 25, 2016



I will be a bit deviant in my advice. A lot depends on who you get to know and how favorably you impress this person. This is entirely a personal matter, not something requiring diplomas, etc...


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 Hao Yang, Master Student at Free University Amsterdam

 Thursday, May 26, 2016



Heard it time to time, "if you find something good, do it yourself". Well, good luck competing with microwave linked and super fast enterprise computers with your 5 year old laptop.


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 Volker Knapp, Consultant bei WealthLab

 Thursday, May 26, 2016



I am not talking about HFT, which is impossible to compete with the big enterprises.


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 Hao Yang, Master Student at Free University Amsterdam

 Friday, May 27, 2016



Be it HFT or not, mature market is fairy efficient and delta trend does not last long, means even if you find something, others will probably find it soon, if not already doing it. Also behind programming, trading is math heavy, programming is just an enabler. One need keen attention to details to grasp the subtle patterns in the market.Just personal opinion, consistent trading profit implies consistently outsmart the market, which is extremely difficult nowadays,

not only requires you to be smart, but also becoming smarter.

So, keyword: Be smarter. (training, learning, thinking.etc)

Im out.


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 Rajiv Malhotra, Systems Trader at Trex Stock Trading

 Friday, May 27, 2016



@Hao Markets are still same as they were 20 years ago. It was difficult then and difficult now to make money without proper knowledge. How do you say that trends do not lost?

Gold went from 200 to 2000

FB went from 17 to 120.

appl went from 25 to 250.

If you cnnot make money then fault is yours not Market's


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 André Maerz, IT Business Analyst at NN Investment Partners

 Monday, May 30, 2016



Hey Chan, maybe you should go after quantitative analyst positions, and show there to decision makers that your projections are (often) correct to get your model applied in actual trading. I think that "decision makers" / managers intrinsically do not trust algo trading, and also not younger people without a track record - you need to build up both first. Also, get your CFAs.


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 private private,

 Wednesday, June 1, 2016



Hi CC, I run a monthly meet for eTrading Geeks in Central. If you're interested, feel free to connect and I'll also suggest a couple of places to reach out to.


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 chi fung chan, Student at 香港城市大學

 Thursday, June 2, 2016



Thz for all the idea. Actually I have tried CFA, but I leave it after passing LV1 as it is costly in both money and time, I mean it seems more valuable to spend my time in coding.

Like those of you said, it is true that a track record or a brand title is so important. Unfortunately, I dun have it and that's y i seek for some recommendations.

That's great to see the advices.

It is really not easy


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 Oleksandr Medviediev, Portfolio Analyst – FIBI

 Thursday, June 2, 2016



(2.) Beware that being coding-engineer and a trader and algo-developer - is like being Chief-cook and Bottle-washer in one person. Better to focus on what you do best.


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 Michael F Porter, Senior Account Manager-Trader at Market Technologies, LLC

 Thursday, June 2, 2016



I'm looking for a Intraday e-mini program that someone wants to licence .

Let me no,send results


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 chi fung chan, Student at 香港城市大學

 Thursday, June 2, 2016



Agree, actually I usually bare in mind that what I wanna do rather than just keep learning coding.

Coding for me is like a skill or tool to give me more chance rather than the main dish.

Being a trader is still the first goal for me.

At least, one year before, actually I know nth about coding. After I join the trading team, I start to know and to search more about what it is. Tbh, it is not a great firm. Not a really algo trading team. But I know I should know to code if I wanna do sth in this industry. Then I go for it, learning python via online.

Like you guys said that don't expect too much initially. I understand that that is just the way I wanna but not mean the way I suit. But if one day, I find that I am not suitable. I will try to turn myself to do some analysis related things with my experience and program skill (just hope this day wont come)

Moreover, I dont have much network in this field, thus I can just seek for advice here. This is great and it is my pressure to talk with those great people here, rather than just reading research and paper here. I mean more conversations seems great, of course those research here is great too :)


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 Oleksandr Medviediev, Portfolio Analyst – FIBI

 Friday, June 3, 2016



(3.) Go out and meet other people in your town that share same inspiration, there is only so much one can do in isolation.

(4.) Keeping long-term focus - are you sure python is the best pick?


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 Rostant Ramlochan, Quantitative PM: Asian and US/Canada markets

 Wednesday, June 8, 2016



a lot of jobs you need a CFA or a Master's degree especially quant trading work. if you have neither you are at a big disadvantage competing against someone who does. buckle down and do ether one and at the same time you may be able to switch jobs while pursuing this CFA or MSc as I don't think warrants are a good area to be trading. just my 5cents


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 Colin "Soup" Campbell, Retired, Independent Trader, C++ Programmer, Electical Engineer

 Wednesday, June 8, 2016



Step 1: Identify 3 firms you would like to work for in that new position. Step 2: Identify 2 people in each of the 3 firms. The first is a person doing the interviewing and hiring, the second is doing the job you wish to do. Step 3: Approach these people and ask them to mentor you through the process of being qualified. (Make sure you look up what a mentor is hint: it is not a teacher). Step 4: Do what you are advised to do. Keep in touch with your mentors and use them as your employment resource when you become qualified. These are the same steps a goal oriented person follows all the time.


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 John Wild, Consultant at Organisational, Technology and Infrastructure Consultants

 Wednesday, June 8, 2016



Make sure you keep trading, as you say "Being a trader is first goal". Sounds like you are doing OK in that so far, early days still. There are lots of good programmers that want to be traders and yet never make it, so just learn what you need to trade well, and network a lot for now. These meetings in your area sound great.


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 Victor Jerebliuc, it engineer

 Thursday, June 9, 2016



EA coding is really fun stuff, but to get really working prototype there are a lot of things to do. My company started in that field at 2012 only a year after we created working EA, since 2013 we were bug fixning for 2 more years, and only after we get a really working tool)))


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 Zantos LLC. Nicolas Gomez, Real Estate Professional, We facilitate custom order specific assets based on purchase parameters that fit your company.

 Thursday, June 9, 2016



Hello, Mr. Porter I have a Forex Robot that is a available for license. 12 plus years in development. send me an email to realethical@gmail.com

Thank you

Nicolas Gomez


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 Zantos LLC. Nicolas Gomez, Real Estate Professional, We facilitate custom order specific assets based on purchase parameters that fit your company.

 Thursday, June 9, 2016



Mr. Porter I forgot to mention, the software is a finished product, in production real account.


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 Muhammad A., Independent Equities Trader

 Friday, June 10, 2016



Being trader and also-developer is hard but, I am doing it and it has a huge advantage!

Yes it's very hard because there is a lot to learn, like in you need two lifetimes. The advantage is you can tell whether an idea can be captured algorithmically quickly, you can say "Yea or Nay" to things that people propose.


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 Michael F Porter, Senior Account Manager-Trader at Market Technologies, LLC

 Friday, June 10, 2016



Like I said Nick I was a floor trader for many years an looking for a emini intraday system, I do not trade Forex

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