[Chicago] traders vs coders

[Jason Wirth]

Depending on whether or not you think the market is efficient there's other
opportunities.
On Sat, Sep 19, 2015 at 5:29 PM Jon Sudlow <jsudlow at gmail.com> wrote:

> Thank you for the insights gentleman.
>
> The first company I worked for was a prop trading company and I did
> experience the burn and churn. I was greener than a lime back then.
>
> Your correct about the latency issue. They want you to be super familiar
> with it because if they could prove the trade didn't execute fast enough
> they could get their money back on un favorable trades.
>
> Thanks again for your tips - really informative
>
> -Jon
>
> On Sat, Sep 19, 2015 at 4:32 PM, Randy Baxley <randy7771026 at gmail.com>
> wrote:
>
>> 4, 5 and 12 are just fun reading even if you do not plan to trade.
>>
>> https://www.stocktrader.com/investing-books/
>> .
>> I have not read 10 but would say skimming it and the other charting book
>> would be a good idea unless someone has some good recommendation for a
>> charting book.
>>
>> I am fond of neural networks myself and finding models that fit a traders
>> sensbilities to velocity and drawdowns.
>>
>> On Sat, Sep 19, 2015 at 3:20 PM, Jon Sudlow <jsudlow at gmail.com> wrote:
>>
>>> Does anyone have any books or references about the development of
>>> computerized trading systems that will shoot straight with you and not
>>> attempt to sell you a 5 step system? How would you train for a job like
>>> this? Looks really cool.
>>>
>>> On Sat, Sep 19, 2015 at 3:10 PM, Jimmy Calahorrano via Chicago <
>>> chicago at python.org> wrote:
>>>
>>>> worth to share!
>>>>
>>>> Why Goldman Sachs is replacing traders with coders
>>>>
>>>> http://www.independent.co.uk/news/business/why-goldman-sachs-is-replacing-traders-with-coders-10503906.html
>>>>
>>>> Jason we should bring someone from GS to the finance meetup ;)
>>>>
>>>>
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>>>
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>>
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