Musings of a former software engineer masquerading as a product manager moonlighting as a hobby-quant.
A few months ago someone on reddit asked about my workflow for strategy research. I thought about it and realized how far I’d come on this exciting and humbling journey. From indicator soup to some semblance of evidence based strategy validation. I’m not quite using this exact process any more, but thought it worth documenting for posterity. Here’s my reply, paraphrased and formatted...
My high school buddy KW inspired me to take on systematic trading, but my other high school buddy FA showed me that I had Options. Pun aside, this has made all the difference. I have learned a LOT. Fun fact: FA once recommended that I take a position with TSLA calls — the position went 50x. Unfortunately I didn’t understand what he was talking about at the time, and I missed out. But...
An old high school friend buddy of mine, KW, has been day trading and swing trading for several years. In early 2020, he said to me: “Hey man, you know how to code. You could write code to automate some of my trades.” I laughed. ”I appreciate the confidence, but that’s way above my pay grade” I said. KW tried to convince me a few more times but gave up, only to ping me a few weeks later…. ...