Читать книгу Quantitative Trading - Ernest P. Chan - Страница 12
THE BUSINESS CASE FOR QUANTITATIVE TRADING
ОглавлениеA lot of us are in the business of quantitative trading because it is exciting, intellectually stimulating, financially rewarding, or perhaps it is the only thing we are good at doing. But for others who may have alternative skills and opportunities, it is worth pondering whether quantitative trading is the best business for you.
Despite all the talk about untold hedge fund riches and dollars that are measured in units of billions, in many ways starting a quantitative trading business is very similar to starting any small business. We need to start small, with limited investment (perhaps only a $50,000 initial investment), and gradually scale up the business as we gain know-how and become profitable.
In other ways, however, a quantitative trading business is very different from other small businesses. Here are some of the most important.