Jim Simons Reveals the Secret Behind His Trading Success! #daytrading #trading
🌟 Inside the Mind of a Trading Genius! 🌟
https://www.youtube.com/channel/UC4nw0IYkthSqNeaYzOzxvTw?sub_confirmation=1
In this insightful interview, legendary trader Jim Simons takes us on his journey from mathematics to the stock market.
📈✨ Learn how he turned initial luck into a disciplined, data-driven approach by building advanced mathematical models.
📊🤖 Discover the challenges of the early days of trading, gathering data by hand from the Federal Reserve and working alongside brilliant minds to create groundbreaking algorithms!
🧠🚀 Don’t miss out on his incredible story and valuable lessons on systematic trading! 🔥
#JimSimons #Trading #QuantitativeFinance #StockMarket #Investment #Mathematics #Algorithms #Finance
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when I started doing trading I had
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gotten a little tired of mathematics I
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was in my late 30s had a little money I
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started trading and it went very well uh
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I made quite a lot of money I with pure
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luck I mean I think it was pure luck it
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certainly wasn't mathematical modeling
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but in looking at the data after a while
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I realized hey there looks like there's
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some structure here and I hired a few
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mathematicians and we started trying to
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make some models just the kind of thing
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we did back at Ida you you design an
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algorithm you test it out on the
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computer does it work doesn't it work
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and so on but the the real thing was to
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gather a tremendous amount of data and
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and uh we had to get it by hand in the
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early days we went down to the Federal
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Reserve and copied interest rate
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histories and stuff like that cuz it
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didn't exist on computers we we got a
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lot of data and very smart people
