I’m excited to find that Matlab is a widely used tool in finance because I have a free copy and have done some work in it. Googling Matlab and trading is how I got started. It has all sorts of applications including
- backtesting trading strategies
- acting as a more customizable stock screener
- hooking up directly to electronic brokers to perform automated trading
Today’s project is to start using Matlab for application 2). I can use it to download information from Yahoo Finance and then go from there.
Good Sources: MathWorks has a tutorial on algo pairs trading with MatLab. I’ll be poking around .m files from luminouslogic.com.
Random Thought: I’ve always been interested in finance. Now especially I feel the need to plunge in more. First, coming out of Harvard, I am largely a generalist. Other students have advanced so far ahead of me in finance. I have to start catching up now if it is to be my profession. Second, I think my parents could use a guide in their own investments. Won’t elaborate on that.