Emotions... They are the reason why over 90% of traders fail. Emotions always get in the way. Technical analysis helps to measure the psychology of the market but its still very hard to trade using technical analysis without getting the emotions involved and even harder to automate trading using technical analysis.
This is the biggest reasons why quants are popular and becoming even more popular. Quants take emotions out of trading. Unfortunately, quants are mostly used by Wall Street right now.
The Wall Street Journal has a multi-story piece about quants with catchy titles like "Meet the New Kings of Wall Street" and "The Quants Run Wall Street Now."
We think this needs to change and that quants should be available to the masses. This is why we started Quant Engine, our goal is to provide everyone access to quants.
We think trading should be automated using scientifically proven trading models.
With that said, we want to introduce you to our first strategy model that we are providing to the public. This is only the beginning and it shows the possibilities.
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