I’ve been asked to write a thread on how retail traders can get started in Quant Trading, and what to do without an institutional setup. There’s a lot to learn, so please don’t complain later that I didn’t warn you! 🧵

The initial expectation with systematic trading is to print money whilst you sleep, but the reality can be far from that. The benchmark for trend indices (cib.societegenerale.com/fileadmin/indi…) has a sharpe ratio of 0.2…you still wanting to do this?

Firstly, a huge number of statistical anomalies exist, but the marginal profit from these is often limited. As they’re never perfect, you have to think carefully on how to capitalise. That’s not always straightforward with limited resources.

Taking a step back, age-old wisdom tells us that performance can be driven in 2 ways: the number of bets, and the strength of each bet