外資投行trader 你問我答

建立trading plan 既流程唔重要，基本上屬搵alpha -> test alpha.
你嘅情況想test可以試下paper trade/細本咁玩
你呢種setup我見唔少人會加個momentum/trending filter
但你想知你長遠玩唔玩得贏QQQ可以試下backtest
你想backtest我建議你留意下你嘅data 有冇dividend/split-adjusted，同埋include delisted stocks 去avoid survivorship bias

想再提升return可以玩options(新手慎入)，bet 埋greeks 同vol 方向同加大槓桿，或者design你想要嘅option structure/payoff

都幾
product knowledge 要同trader 一樣強
要有market view
要識pitch trade ideas
要presentable

唔係好忙嘅話而又冇D intern唔access得嘅野我冇咩所謂當然你話好耐咁梗係唔好，始終1)你唔係我張desk嘅grad analyst同2)大家都要有時間搞自己野

睇flow (high frequency)
睇13F (low frequency)

搵一兩份大行research paper做起點

好多，尤其algo同etrading
buyside hedge/quant fund更加唔洗講

唔同行唔同limit 100~300k/ month
就係一張credit card
同公司有關嘅expense包括travelling同可以claim
其他你都係要清卡數
平時同fd食飯claim 5 claim到.......

依家做risk management 都玩多咗ml 之後轉buy side quant 機會大唔大

追po啦ching

diversification 好多層面嘅
1) factor diversification: 唔好淨係集中momentum/ value/ mean reversion/ small cap/ low vol ... etc
2) sector diversification:唔好淨係集中單一行業
3) asset diversification: equity/bond/ gold/ commodity/ fx(唔建議，冇leverage情況下起唔到作用)/ real estate/ ...
4) long/short: 唔一定要全long 嘅
5) greek: ....

過度/無意義diversification會diversify埋你嘅return

睇flow係指咩？
13f一直有睇，不過真係太慢
thx樓主

師兄可唔可以分享下自己馬揸 etf 係咪都係 qqq 同 voo ?

同埋你係返一到五，美國又接你Asia 夜晚
有無人專揀星期六日做買賣？

點為止過度/無意義diversification?

係但又唔係
好難解釋
喺牽涉 cross-currency swaps 嘅CVA呢個position係指FX. Counterparty credit risk 變動對XVA desk造成FX 嘅delta 變動，個delta唔係CVA嘅delta而係FX position
幾complex下，有興趣了解下咩叫wrong-way risk 同cross-gamma

ching 問textbook野有意思咩

我估
雖然係internal desk，但依然有自己本book

fund flow
唔同種類嘅institutions喺唔同assets入面嘅net cash outflow/ inflow
係好noisy嘅signal

多唔多人經experienced hire入?

散户可以係邊度睇到？

中資有邊幾間嘅Markets比較好？

點睇香港樓市？
利申:業主