Build this if you want to break into quant trading

Want to break into quant trading as an intern or junior? Build this (pet project). I know in the video I stated that this is how you can break in as a quant trader, but this project can help you break into any role really (trader, dev, researcher).

00:00 intro
00:55 pet project explained
07:55 conclusion

My Links:

Books:

black scholes pricing option pricing bs binomial call put heatmap

[CodingJesus]

If you are gunning for the Quant Researcher or Quant Developer role, think of how you can modify this project to cater to the role.

[leofang]

Great video, coding Jesus! please don't be discouraged if you feel like your videos aren't getting enough views or your channel isn't big enough. the impact you make on everyone who watches your video (at least to me) is profound!

[princekesarwani]

it's great to see you are working regularly on youtube

[sebastiangaleano]

You are really helping a lot of people. Thank you for these videos.

[akshatrastogi]

Displaying PnL has no novelty imo. It is trivial. An option seller will have infinite loss potential (or -cost of underlying *100) at the cost of 100*option price profit potential. Vice versa for option buyer. Instead, what one can do is to indicate if the the option price inputted by the user from real time is matching with the price predicted by black scholes formula. That way, one can have an idea if the options are fairly priced or under/overpriced. Buying or selling decision can be made with under or overpricing information.

[anirudhpottammal]

feels like waiting for markets to open lol

[poisonza]

Just do projects on alpha discovery/ portfolio optimization on various assumption. which is better imo.
ex)
- classic vecm with little twist (add in turn over, limit book liquidity constraint ...)
- estimating correlation matrix in portfolio/alpha signal optimization (there are many dl, ml approach)

[rajdeepkarmakar]

I am a B.tech student and aspiring quantitative developer and I had developed a project on volatility arbitrage

[tottiegod]

I made a similar project to simulate Monte Carlo runs to estimate IV. I would need to hook up some RL to get more accurate but it gave me the 1/2/3 STD implied move for the day based on OI.

[KyleBaran]

Oh cool! I've managed to do a basic Black-Scholes through C# and excel already. Really nice to know that I'm on the right track if I ever get my stuff together

My weakness would be doing backend stuff like reading live data streams or parsing sites/xml. Static backtesting is easy

[notjpengineer]

I'm a data engineer with many YoE (heavily using python), don't know if I'd like to jump into quant trading, but it looks fun! I'll give it a try with those project just to change a bit and see how good by python really is!

[matthall]

It's probably blue and yellow because the person is green/red colorblind. Blue/yellow should be the default or at least an option for colorblind people.

[LisaJohnson-nm]

Thanks for sharing! Just a quick off-topic question: I have USDT in my OKX wallet and I have the recovery phrase. pride pole obtain together second when future mask review nature potato bulb. What is the best way to transfer them to Binance?

[carlosfvp]

I think the colors are like that because that is what is usually used in heatmaps. At least they could be customizable.

[AprendamosTrading]

Would you recomend the use of bouilders like Strategy Quant?

[marvinfoo]

how to use continous time markov chain to know the transient and recurrent area in forex? i know a fund manager make millions with this strategy.

[DoubleFractals]

Hello Coding Jesus. I am not a quant, and with my journey from 2018 in trading, I don't think I need to be a quant. It is really simple strategy that just uses mathematics and understands how when mathematics work. It is based on reactive trading, and there is no need for prediction. When I saw your thumbnail, while I am writing this at 0:33 seconds, I know where this will go. My first impression of the thumbnail is heatmaps. Others and I can use those correlations, and also react to the market. I wish for your blessings.

[yashprajapati]

I built an options pricing model and looking forward to other projects, what could be some interesting ideas to work on?

[pietraderdetective]

hey great video!
One thing though: your camera is off focus. It focused to the TV screen behind you. Might want to set a manual focus if the device allows you to do that.

[rajatpatel]

coding jesus when are you gonna do a bike thirst trap tutorial?