Bloomberg recently wrote that “It’s no secret that hedge fund managers are always looking for new sources of data that will help them in their never-ending quest to beat the market.” (1) One of the most interesting new sources of data is social sentiment.
“Everyone is looking into alternative data sets, sometimes without really understanding their value,” says Dr. Arun Verma, Ph.D.,
CloudQuant’s CEO Morgan Slade will be speaking on Crowdfunding Algo Developers and Data Scientists. The primary question on his panel will be “How does the mechanism work and which business model is showing early signs of success?”
We get it, algorithms and quants and machine learning and roboadvisors and all the rest are the latest buzz words in a financial world increasingly comfortable with the concept of computers running things,
CloudQuant is THE trading strategy incubator. We’re building a free python data research tool for ordinary people with extraordinary trading ideas. We license and fund the best trading strategies and pay our users a share of the profits. Our group is a FINTECH startup housed under the umbrella of a trading firm with existing infrastructure and financial resources.
If you aren’t being recruited because you didn’t work at Bridgewater, maybe it is time to create your own hedge fund operation by creating an algo on CloudQuant.
CloudQuant’s own Morgan Slade spoke with Fintech TV on our incubator for trading strategies during the Benzinga Global Fintech Awards.
Although alternative data sets are helping funds with systematic investment strategies, those funds that employ discretionary strategies are finding it harder to separate the new trading signals from the noise.
CloudQuant’s innovative Trading Strategy Incubator has managed to attract new users from 72 countries. The users represent developers, financial analysts, data scientists, traders, and other trading enthusiast who are interested in developing a trading strategy that may be funded if it proves to be profitable.
… A few weeks ago I demonstrated a strategy using the RSI indicator; I received several emails from readers asking me to explain the difference between the RSI Indicator and the Stochastic Indicator. …