What is Math-Based Trading?

Quant trading, or quantitative trading, can loosely be translated to “let’s do some math and develop a trading strategy,” and it’s all the rage with your everyday money manager. Quantitative trading is not to be confused with algorithmic trading, as that is a subset and can be looked at more like a brother to quant trading. And as with most siblings, one may resemble the other but they tend to behave differently. 

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