November 2008
Intermediate to advanced
208 pages
4h 13m
English
Content preview from Quantitative Trading : How to Build Your Own Algorithmic Trading BusinessBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Appendix A. A Quick Survey of MATLAB
MATLAB is a general-purpose software package developed by Mathworks, Inc., which is used by many institutional quantitative researchers and traders as their platform for backtesting, particularly those that work in statistical arbitrage. In Chapter 3, I introduced this platform and compared its pros and cons with some other alternatives. Most of the strategy examples in this book are written in MATLAB. Many of those strategies are portfolio-trading strategies involving hundreds of stocks that are very difficult to backtest in Excel. Here, I will provide a quick survey of MATLAB for those traders who are unfamiliar with the language, so they can see if it is worthwhile for them to invest in acquiring and learning to use this platform for their own backtesting.
MATLAB is not only a programming language; it is also an integrated development platform that includes a very user-friendly program editor and debugger. It is an interpreted language, meaning that similar to Visual Basic, but unlike a conventional programming language like C, it does not need to be compiled before it can be run. Yet it is much more flexible and powerful for backtesting than using Excel or Visual Basic because of the large number of built-in functions useful for mathematical computations, and because it is an array-processing language that is specially designed to make computations on arrays (i.e., vectors or matrices) simply and quickly. In particular, many loops that are ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.