Jim Simons is the founder of Renaissance Technologies, a hedge fund management firm that uses mathematical and statistical methods to identify trading opportunities. The firm’s trading approach is based on the use of complex algorithms and advanced mathematical and statistical models to analyze market data and identify trends and inefficiencies. This approach, known as quantitative investing, involves using computational methods to analyze large amounts of data and make highly-informed and data-driven investment decisions.
“You should review your rules at the beginning of the day and review your trading at the end of the day. If you followed your rules, even if you lost money, pat yourself on the back” – Van K. Tharp