Which is good for Retail or Intraday Traders? | R or Python ? | Dr. Ernest Chan explains!

Описание: New course launch: Agentic AI for Trading is live. Learn to build agentic workflows for backtesting in Python, AI that can reason, use tools, and collaborate to convert trading ideas into end-to-end scripts.
70% off for a limited time! → https://quantra.quantinsti.com/course...
.
.
. - Renowned expert Dr. Ernest Chan takes us through a step-wise manner to address the queries about Machine Learning for Trading shared by our users.

He addresses the questions from Retail Traders and Intraday Traders perspective:
Which is a better tool for trading - R or Python?
Do I need to be a good programmer for learning Python?
Is this for a Retail or Intraday Trader like me?

********
Unleash your potential in algorithmic trading and accelerate your career growth with EPAT. Gain expertise, confidence, and competitive advantage needed for career growth in finance. Learn more about EPAT (Executive Programme in Algorithmic Trading) with our counselor 👉 https://www.quantinsti.com/epat
********

He explains that each language has it's plus and minus with respect to tools, functionality, features and more. While some are recent, some are quite old and have newfound applications across different fields for various purposes. It is also dependent on the models that one wishes to use - Econometric models or Machine Learning models.

Don't forget to 'Like' and 'Share' this video and to 'Subscribe' to our YouTube channel!
-----------------------------------------


-----------------------------------------
This video clip is from our webinar Machine Learning In Trading Q&A By Dr. Ernest Chan:    • Machine Learning for Trading | Dr. Ernest ...  
-----------------------------------------

About the speaker:
Dr Chan is the Founder & CEO of PredictNow.ai Inc. and a Managing Member of QTS Capital Management, LLC.

He has worked for various investment banks (Morgan Stanley, Credit Suisse, Maple) and hedge funds (Mapleridge, Millennium Partners, MANE) since 1997.

Dr Chan received his PhD in physics from Cornell University and was a member of IBM’s Human Language Technologies group before joining the financial industry. He was a co-founder and principal of EXP Capital Management, LLC, a Chicago-based investment firm.

Dr Chan is also the author of Quantitative Trading: How to Build Your Own Algorithmic Trading Business (Wiley), Algorithmic Trading: Winning Strategies and Their Rationale and his third and latest book is on Machine Trading: Deploying Computer Algorithms to Conquer the Markets.
-----------------------------------------

Most useful links:
Join EPAT – Executive Programme in Algorithmic Trading: https://goo.gl/3Oyf2B
Visit us at: https://www.quantinsti.com/
-----------------------------------------

#ernestchan #retailtrading #intradaytrading