Enroll Course: https://www.udemy.com/course/backtest-quantitative-trading-strategies-from-scratch/
For anyone looking to transition into the exciting world of quantitative trading, mastering the art of backtesting is absolutely crucial. It’s the bedrock upon which profitable trading strategies are built and validated. I recently stumbled upon a gem on Udemy that promises to do just that: ‘Backtest Quantitative Trading Strategies from Scratch’. After diving deep into its curriculum, I can confidently say this course lives up to its name and then some.
The course’s core strength lies in its ‘from the ground up’ approach. It doesn’t just throw complex code at you; instead, it meticulously guides you through building your own backtester from scratch. This hands-on experience is invaluable for truly understanding the mechanics of strategy evaluation. The dataset provided is staggering – over 30 million rows of US equity data from 2001 to October 2021 at daily intervals. This sheer volume ensures you’re working with realistic market conditions.
What sets this course apart is its practical application. You’ll learn to implement two well-known trading algorithms: the Moving Average Crossover strategy and Pairs Trading. The explanation of time series concepts, including unit roots and cointegration, is particularly well-done, providing a solid theoretical foundation for understanding the intricacies of pairs trading.
Beyond basic implementation, the course tackles large-scale applications. You’ll explore building a pipeline for creating a stock universe, a critical component for any serious quantitative trading operation. The step-by-step breakdown of the ‘stock universe’ class makes this complex topic accessible.
To truly test your mettle, the course culminates in a real-life take-home assignment. Mimicking an industry-standard task at a trading firm, this assignment involves high-frequency data, data sorting and cleaning, identifying cointegrated relationships, and devising a trading strategy. This is where all the learned concepts come together, offering a practical taste of what it’s like to be a quant trader.
Whether you’re a beginner looking to enter quantitative finance or an intermediate trader aiming to refine your backtesting skills, this course is a must-have. It provides the foundational knowledge, practical tools, and real-world challenges necessary to excel in this competitive field.
Recommendation: Highly recommended for aspiring quantitative traders, data scientists interested in finance, and anyone looking to build robust trading strategies.
Enroll Course: https://www.udemy.com/course/backtest-quantitative-trading-strategies-from-scratch/