# Roadmap

My roadmap for becoming competent quant and capable of creating automated trading bots.

Current Goal: **Learn Quantitative Foundations**

## Study

Current reading [Introduction to Probability, Statistics, and Random Processes - Hossein Pishro-Nik](./reading/000_Introduction%20to%20Probability,%20Statistics,%20and%20Random%20Processes/Introduction%20to%20Probability,%20Statistics,%20and%20Random%20Processes%20-%20Hossein%20Pishro-Nik.pdf) and [Algorithmic Trading](./reading/011_Algorithmic%20Trading%20Winning%20Strategies%20and%20their%20rationale/Algorithmic%20Trading%20Winning%20Strategies%20and%20their%20rationale.pdf)

## Phases

Recommended path, generated by CLAUDE

### Phase 1 — Math Foundation (*)

1. Pishro-Nik ← in progress, finish this
2. Elementary Stochastic Calculus
3. A guide to Brownian motion

### Phase 2 — Get Practical Early

1. Algorithmic Trading — Chan ← read this soon; short, orients everything else
2. Analysis of Financial Time Series — Tsay ← essential for price/return modeling

### Phase 3 — Core Quant ML

1. Data-Driven Science and Engineering — Brunton & Kutz
2. Advances in Financial Machine Learning — Lopez de Prado ← most important book in your backlog
3. Stochastic Calculus: An Introduction with Applications ← now the theory lands better
4. Detecting Regime Change in Computational Finance

### Phase 4 — Portfolio, Risk & Systems

1. Active Portfolio Management — Grinold & Kahn
2. Trading Systems and Methods — Kaufman (use as reference)
3. The Mathematics of Money Management — Vince
4. The Leverage Space Trading Model — Vince
5. Testing and Tuning Market Trading Systems

### Phase 5 — Specialized / Optional

1. Assessing and Improving Prediction and Classification (C++ heavy, niche)
2. Trading on Sentiment (alt data / NLP, very specialized)
3. Numerical Recipes (reference only, don't read cover to cover)
4. Measure Theory (only if you want pure math depth — lowest ROI for bots)

### Missing textbooks

- Systematic Trading: A unique new method for designing trading and investing systems
- Permutation and Randomization Tests for Trading System Development: Algorithms in C++