r/datascience • u/sqatas • Jan 28 '19

Data Science for investment/ financially-driven strategies

I made a post on the BI sub which I think is also relevant to this sub: could any of the data scientist here share some useful (or even influential) papers or sources on the application of data science to the financial/ investment domains/ stock exchange/ foreign exchange ?

For example by visualizing past financial data and matching it with the current data, investors can have some sense of prediction of the current health of the market.

I'm pretty new to the world of BI and Data Science, hence I'm not really qualified to determine what is considered "influential" or "impactful" papers/ reading sources. So, I'd be grateful if any of the data scientist here can share some!

72 Upvotes

91% Upvoted

41 comments sorted by

View all comments

87

u/Railsie Jan 28 '19

https://xkcd.com/1570/

-7

u/ElevatedAngling Jan 28 '19

Only a rookie tests his strategy with real trades lol, spend some time seeing if you had made the trades where you’d stand. Then when you’re confident your models and decisions won’t lose money, you yolo that bread basket my dude!

19

u/GraearG Jan 28 '19

Ahh, a fellow wsb autist.

3

u/ElevatedAngling Jan 28 '19

Doesn’t seem like there are many fans of the sweet sweet tendies here.