After a long hiatus I have decided to fire up this blog again. The prior theme was macro-economic. Going forward I want to talk about system trading.
I have spent several years exploring this topic. I spent the last three months applying for research and development positions at pretty much every systematic trading fund I could find. No joy.
Why? Most of these funds are geared towards hiring out of math-related PhD programs. Since I have been running my own management consulting business for many years, I think I must seem a bit if an unknown quantity. My academic background is strong (Masters in Engineering from Cambridge University, England and an MBA from The Wharton School) but not strong enough.
What to do? In the application process, the item that generated the most interest was a summary of a research project I completed designing and testing and optimizing a trading system. This suggests to me that I should continue working on my system and the subject of trading system design in general. I plan on documenting aspects of that process here. I plan on letting the folks I spoke with in my job search know about this blog, once it has some critical mass.
I have also discovered a substantial community of like-minded bloggers and I hope to become an active member of that community.
The end game would be to re-approach my favorite funds with a substantially improved skill-set and this on-line record of my efforts, plus the documentation of my actual system. I would be less looking for a position and more looking for a home for my system.
So let's see what happens...