Mmm it's not curing cancer. But large non profits, pension funds, and insurance companies need to invest their money somewhere. It's a little harder to see the impact, but the finance industry does benefit real people, some of the time.
@@noWoodsman You either aren’t very smart and have low comprehension, or you genuinely can’t see others wanting to do good. Or maybe a mix of both. Or you didn’t watch the video, which I hope is the case.
@@ray-mc-l i mean there’s another way of looking at it too. These companies just do what’s most profitable and through their algorithms and rather than enriching the real economy they drive asset prices up beyond what they should be which to those who own a lot of assets, which are the richest institutions and people on the planet, they get richer from this while poorer people get nearly nothing in return. Sure, the finance industry can and does help some people who are poorer but it really mainly serves to help the rich get richer.
@@noWoodsman he has a good heart in the sense that he's able to distinguish what's important and he said what will make him happy is making choices that will change lives and make the world a better place, instead of just making money without impact or purpose. although I feel that that naivete fades with age and we become more practical, having more needs and responsibilities to meet, hence @guitarware is right in encouraging him to not lose it.
i hope you are healthy and to stay in the future. You are a big mental support for me and i love to see your vids even they arent comming often. I follow you so longand its nice to see you doing good
Came across your video randomly, I was an engineer in HFT working with different firms on WS throughout my career. Definitely a fun path that opens many doors in the future. Good luck to you!
Fucked up my Jane street interview, panicked heavily, just could not get comfortable with 2 interviewers. This video just making me hate myself a bit for that😪.
Congrats on two sigma I’m in big tech atm and considering HFT just for money and on the fence if I should sell out. But right now I’m learning a ton so gona stay.
Ngl joining a trading company would be fun and challenging, I’m in the mining industry and it’s kinda cool but trading is where the bread is at *rubbing my hands whilst smiling*
i have a question. um. so is it possible for someone who is an economics major with coding certificates to get an intership in a hft company and possibly a job later on or do you specifically need to be a cs or ece major?
Yeah, the whole system has to change from the ground up. And shilling the creative society here seems like a good call, because it's one of the ways it can happen.
Hi Nang, here sumit from MIT University thank you so much for making informative contents and I and my collegues requesting to you can you make videos on: asking software engineers how they got in HFT companies like Citadel, Jane Street, Two Sigma, Jump Trading, Optiver, MongoDB...
I really want to get into this field but I have zero experience in it. Currently learning to code and learning the fundamentals on probability and statistics. What would you recommend for me to start to get a foot in the door?
bro, i have entire background in computer and electrical engineering from programming to optimization to embedded systems, never knew i could earn that much from these companies that i never heard of :/
Nang please reply. I want to build a project/ startup on GPT-3. What should I do? I haven't got access to it. Even after applying for it for months - continuously. Also, I'm not in coding or programming. So what should I learn to make something with GPT-3 and get that working on a website or an app? Thank you so much for you time Nang. Gonna like share this video right now!
doesn't automated stock trading lead to instability in the stock market? like wouldn't automation lead to these companies getting filthy rich while making manually trading stocks impossible, and the market collapsing?
Iv been paper trading (crypto) for the last 2-3 months with the account set to $100-1000 and am starting to get really good with understanding T.A and patterns, thinking after another month or 2 ill be ready to put some real money in💪
I come from a bit of a mid college so what would be a easier quant or hft company to get in. I love cs math and trading been at options since i was in 7th grade
Regular trading good enough, these new programs halfway copycat limited information nor are original which is why I’ll never hop the board with hfx cause its senseless plus there’s a reason why most money softwares are outdated for growth and development. In financial markets any abundance of wealth can be acquired provided by strategy via proper risk management in a very short span consistently probably no less than a day or week at best if know wtf your doing
You clearly don't understand the importance of these companies as market makers. And you probably don't even know anything about the markets if you comment something like this lol.
@@noWoodsman There’s nothing left to imagination. Birds can’t fly without friction, you put two together and something bound to create an opportunity that’ll present itself, there’s futile imagination and delayed gratification. Whichever reasonable course of action we choose has pros and cons but the risk will always outweigh the reward, so in terms of high frequency trading. It’s unrealistic and not even bullet proof because expert advisors are a recipe for disaster. Plus the system they use when left without human bias involved are calculated by martingale strategy, anything that cannot be monitored with rational decisions taken into account for every procedure cannot be completely trusted. You are just self projecting your own insecurities on other people. Your impression of me is a reflection of yourself, but anyway. We live in a word called reality, sleeping under a rock won’t make a difference in the plateau. A robot strategy is called high frequency trading for a reason, because they are super computers meant for fast task, henceforth not gradual results over long periods of extend data. Anything that comes fast won’t last, it’s just common sense. A scalper compared to a swing trader is like kicking dust in the air when involving this market about process and progress
@@noWoodsman Nah don’t turn cold feet when the muddy waters get deep, if you can dish it then take it also. Before give someone else constructive criticism, have a taste of your own medicine and shove it down your throat somewhere where the sun won’t shine because over here where I’m from there’s light at the end of my tunnel. Typical narcissist response can’t understand the message because your too occupied hating the messenger, a bunch of chicken heads. All toast but no jelly, so yes I answered your question. You anticipated my response with something that’s irrelevant to the equation of otherwise though, I basically just didn’t lower my standards to compromise for your incompetence because unlike you I’m confident in my truth. Now continue spit shoe shining my boots conman LOL
@@noWoodsmanHe's the type to buy these "How to make 30% returns a week using this strat" scams. The overwhelming majority of actively managed funds (as in run by industry experts) can't beat index funds. As for accounts run by retail investors, most of those (70%) close in bankruptcy, meaning they don't just lose money but have to shut down from losing SO much of it, so only a small number of "normal people" tread water and fewer still make any returns at all, and a tiny percentage make above market returns but those accounts can't keep up the performance in the long run. Trading is extremely hard, people who consistently beat the market are far rarer than lottery winners and are seen as saints in the industry, some rando online making money for one month, hell, one year means nothing since they can't keep the performance up overtime. But naive folks like the one above are the flesh the meat grinder known as the market require to keep these hedge funds, hft houses and other traders fed since they pump dumb money into the market that these guys can take advantage of when they create market irregularities.
“Doesn’t really change people’s lives” you have a good heart kid, never lose that, keep it up buddy
How is that having a good heart, it's common sense that being involved with trading currencies or companies isn't changing the world.
Mmm it's not curing cancer. But large non profits, pension funds, and insurance companies need to invest their money somewhere. It's a little harder to see the impact, but the finance industry does benefit real people, some of the time.
@@noWoodsman You either aren’t very smart and have low comprehension, or you genuinely can’t see others wanting to do good. Or maybe a mix of both.
Or you didn’t watch the video, which I hope is the case.
@@ray-mc-l i mean there’s another way of looking at it too. These companies just do what’s most profitable and through their algorithms and rather than enriching the real economy they drive asset prices up beyond what they should be which to those who own a lot of assets, which are the richest institutions and people on the planet, they get richer from this while poorer people get nearly nothing in return. Sure, the finance industry can and does help some people who are poorer but it really mainly serves to help the rich get richer.
@@noWoodsman he has a good heart in the sense that he's able to distinguish what's important and he said what will make him happy is making choices that will change lives and make the world a better place, instead of just making money without impact or purpose. although I feel that that naivete fades with age and we become more practical, having more needs and responsibilities to meet, hence @guitarware is right in encouraging him to not lose it.
sigma grindset
C hash tag🌝
C mas mas
🐐
The type of content you make. I am sure you will be a top hire. Awesome work man!!!
i hope you are healthy and to stay in the future. You are a big mental support for me and i love to see your vids even they arent comming often. I follow you so longand its nice to see you doing good
Came across your video randomly, I was an engineer in HFT working with different firms on WS throughout my career. Definitely a fun path that opens many doors in the future. Good luck to you!
"we're trying to change the world and shit" - respect
That drive forever theme at the beginning, my man nang understands public sentiment brooooo
i never got a notification for this video and I never saw it utill i looked up your channel again.. great video man , as always!
ily
Same
#1 never stop learning, ever, always improve, once you stop, you're losing
i was a trader before studying software engineering. it would literally be a dream to work at one of these companies.
Love the content top tier 👌🏼
Nang putting out the important info!
Fucked up my Jane street interview, panicked heavily, just could not get comfortable with 2 interviewers. This video just making me hate myself a bit for that😪.
Great videos man, I always enjoy the educational stuff mixed in with some memes and shit
Keep up the good work
@Whatsapp➕❶➏➏➒➋➎➍➎➑➐➍ U working on a new bot or smt? lol
Congrats on two sigma I’m in big tech atm and considering HFT just for money and on the fence if I should sell out. But right now I’m learning a ton so gona stay.
good luck dude
Damn I love this stuff Ty bro
I looove your channel bro! Keep it up
Traders provide liquidity in the market, if a senior cant cash out her stocks at a fair price that would really suck.
Love your content keep going
@Whatsapp➕❶➏➏➒➋➎➍➎➑➐➍ uhhh wrong person i think
"this is kinda ass" hahaha love it
Ngl joining a trading company would be fun and challenging, I’m in the mining industry and it’s kinda cool but trading is where the bread is at *rubbing my hands whilst smiling*
Well.... this is one of the best videos on the internet.
i have a question. um. so is it possible for someone who is an economics major with coding certificates to get an intership in a hft company and possibly a job later on or do you specifically need to be a cs or ece major?
def, i had some co-interns who were econ. only in quantitative trading though, not SWE
lit
Awesome video!! What programming languages do you recommend I master to land a software engineering job at these trading companies?
python & c
@@nang88 wow man!! Thank you!
@@nang88 c Or c++?I request you to give out a roadmap for the same I. E. How to become a quant developer. Very few resources available over net.
@@rishabhvishal5425 It depends. I know citadel uses both, hudson river does matlab and C++. c++ is the most common though
what software do you use to edit your videos? great content btw, love your vids!
@5:38 best swipe
if you can pack a 20m a year you can actually change the world
“And this is kinda ass” LMAOAOA
So what’s internship again
What kind of things do you think helps to have on your resume to get an interview? Ex. Kinds of projects, etc
Yeah, the whole system has to change from the ground up.
And shilling the creative society here seems like a good call, because it's one of the ways it can happen.
great video
how the hell did you record this and not laugh.
"illiquid..... and thats kinda ass" that arbitrary ass comment had me rolling on the floor.
Hi Nang, here sumit from MIT University thank you so much for making informative contents and I and my collegues requesting to you can you make videos on: asking software engineers how they got in HFT companies like Citadel, Jane Street, Two Sigma, Jump Trading, Optiver, MongoDB...
bro is not from mit
MongoDB? It’s not an HFT firm. It’s a DB firm.
@@painfullyhuman 😂
I really want to get into this field but I have zero experience in it. Currently learning to code and learning the fundamentals on probability and statistics. What would you recommend for me to start to get a foot in the door?
Get a CS degree
Long way to
Go
not_nang
bro, i have entire background in computer and electrical engineering from programming to optimization to embedded systems, never knew i could earn that much from these companies that i never heard of :/
The lalalapooza is the best perk
music too loud at end... my ears have value :D
Nang please can you recommend a course to learn about algorithms trading bot
Hey nang, I'm going to attend CMU for ECE this fall and I also want to do SWE in high frequency trading. Do you have any tips for getting these jobs?
Why don’t you do CS instead of ECE
@@Coconinga hardware and software best of both worlds. Why should he
@@Coconinga Want to explore both software and hardware as an undergrad
I would study math and stats also.
but nowadays trades are done by AI itself, so won't these types of jobs become obsolete??
plaid is not a random as company
broo,can you make an video about crypto arbitarge,you are so smart man!!!!
u couldnt have taken a better dinner pic
No Chloe, i couldnt
but don't these companies hire only from top tier colleges and not just any random colleges?
If you land an interview and you’re a leetcode god and with a degree you’re in man
How can someone get into hft
Bro thinks he can change the world 😂😂😂
so what do you need to do other than study math or CS at uni to get these jobs?
LOLLALAPOOZA hahahaHHAHAHhahahahAHAH
Nang please reply. I want to build a project/ startup on GPT-3. What should I do? I haven't got access to it. Even after applying for it for months - continuously. Also, I'm not in coding or programming. So what should I learn to make something with GPT-3 and get that working on a website or an app?
Thank you so much for you time Nang. Gonna like share this video right now!
Make your own GPT. You can. You only need millions of dollars
@@dannyik I got the access yesterday after months and months of trying.
@@potatoiswatching6836 Ayyy, Happy for you!!. Good luck, man
Thanks mate.@@dannyik
sorry idk much about gpt-3
So ICT was right
Do you still use the hand grips?
Need the name of the song that plays at the end??
Waiting for new vid 🍿🍿🍿🍿
@Whatsapp➕❶➏➏➒➋➎➍➎➑➐➍ what the hell is this
Good video
Outro song is banging, what's it called?
LMAO its from ruclips.net/video/Du44ZYIbH9o/видео.html
LOLLALAPOOZA 🤣
doesn't automated stock trading lead to instability in the stock market?
like wouldn't automation lead to these companies getting filthy rich while making manually trading stocks impossible, and the market collapsing?
Leads to further stability as there is more liquidity
I want you on my team
How did you get into hft?
You’re trading the world by accumulating a lot of money and then using that money as a tool itself duhh come on
Iv been paper trading (crypto) for the last 2-3 months with the account set to $100-1000 and am starting to get really good with understanding T.A and patterns, thinking after another month or 2 ill be ready to put some real money in💪
this quant companies generally hires student from top universities that too very rarely
good , focus of price action more .
yo, any hft discord channels worth being in?
I come from a bit of a mid college so what would be a easier quant or hft company to get in. I love cs math and trading been at options since i was in 7th grade
wtf with music lol
bro you are CMU, we are not the same. you are better. haha. cmu's ml and stats/maths is great.
1:44 what da rdj doing?
sounds so cool but you probably need to be very very good in it
Davis Kimberly Moore Betty Harris Patricia
Are there any online course that could help me get that kind of job?
Do you have a CS degree or other work experience?
Another con is the long hours.
Well none of the fangs are really changing the world anymore….AI Utopia is what’s next
Do they offer international sponsorship iam from india
No.
Your videos are dope. Thanks for sharing. I wish they'd buy me a Ferrari without asking me =*(
Is there still HFT these days? Thought it is more AI or algo trading on a longer period these days
Did you write code in C++ during your internship? If it was C++, was it C++ 17 standard ? Or if I’m wrong , please tell what was the language?
java lol
@@nang88 hmm, I thought it was low-level stuff…
They also mentioned it's your priority you can write in any language in interview..
For Optiver it was C++17, all modern, nicely written code.
Do you think about how bad high frequency trading is though for like… the world?
Brown Charles Miller Nancy Anderson Sandra
cmu sio😂
How exactly do you get good at Leet Code ?
Sigma grindset... i know how quick guys who recognise it will feel approved as sigmas. #cringe
I'd watch some different streaming content so that I don't sound like a Kardashian. Seriously, stop talking like that.
Wut
69th like 😌
waiting for the nitty gritty, didnt materilise ... clickbait or misnomer ?
If you're actually smart, you don't have to trade for someone else, and can trade for yourself instead.
Nang I would like to partner with you and work on various projects. Please leave me a dm
fightin for my life rn in college, cant
@@nang88 Ok Nang, hang in there tight
BKL
LMAOOO and you ended up not changing peoples lives and working as a quantitive trades LOLOLO
Search bezos
Regular trading good enough, these new programs halfway copycat limited information nor are original which is why I’ll never hop the board with hfx cause its senseless plus there’s a reason why most money softwares are outdated for growth and development. In financial markets any abundance of wealth can be acquired provided by strategy via proper risk management in a very short span consistently probably no less than a day or week at best if know wtf your doing
You clearly don't understand the importance of these companies as market makers. And you probably don't even know anything about the markets if you comment something like this lol.
@@noWoodsman There’s nothing left to imagination. Birds can’t fly without friction, you put two together and something bound to create an opportunity that’ll present itself, there’s futile imagination and delayed gratification. Whichever reasonable course of action we choose has pros and cons but the risk will always outweigh the reward, so in terms of high frequency trading. It’s unrealistic and not even bullet proof because expert advisors are a recipe for disaster. Plus the system they use when left without human bias involved are calculated by martingale strategy, anything that cannot be monitored with rational decisions taken into account for every procedure cannot be completely trusted. You are just self projecting your own insecurities on other people. Your impression of me is a reflection of yourself, but anyway. We live in a word called reality, sleeping under a rock won’t make a difference in the plateau. A robot strategy is called high frequency trading for a reason, because they are super computers meant for fast task, henceforth not gradual results over long periods of extend data. Anything that comes fast won’t last, it’s just common sense. A scalper compared to a swing trader is like kicking dust in the air when involving this market about process and progress
@@rodneygee bla bla bla, you spent way too much time on comments brother. You are literally not even talking about what I said. Cheers.
@@noWoodsman Nah don’t turn cold feet when the muddy waters get deep, if you can dish it then take it also. Before give someone else constructive criticism, have a taste of your own medicine and shove it down your throat somewhere where the sun won’t shine because over here where I’m from there’s light at the end of my tunnel. Typical narcissist response can’t understand the message because your too occupied hating the messenger, a bunch of chicken heads. All toast but no jelly, so yes I answered your question. You anticipated my response with something that’s irrelevant to the equation of otherwise though, I basically just didn’t lower my standards to compromise for your incompetence because unlike you I’m confident in my truth. Now continue spit shoe shining my boots conman LOL
@@noWoodsmanHe's the type to buy these "How to make 30% returns a week using this strat" scams. The overwhelming majority of actively managed funds (as in run by industry experts) can't beat index funds. As for accounts run by retail investors, most of those (70%) close in bankruptcy, meaning they don't just lose money but have to shut down from losing SO much of it, so only a small number of "normal people" tread water and fewer still make any returns at all, and a tiny percentage make above market returns but those accounts can't keep up the performance in the long run. Trading is extremely hard, people who consistently beat the market are far rarer than lottery winners and are seen as saints in the industry, some rando online making money for one month, hell, one year means nothing since they can't keep the performance up overtime. But naive folks like the one above are the flesh the meat grinder known as the market require to keep these hedge funds, hft houses and other traders fed since they pump dumb money into the market that these guys can take advantage of when they create market irregularities.
'we're tryna change the world and shit' 🤣🤣🤣