I wish I was a hardware engineer (after talking to one)
▲ 7 r/crackquanttrading+2 crossposts

I wish I was a hardware engineer (after talking to one)

In this video we go into everything hardware engineering (with a focus on HWE in Quant Trading):

  1. How does one break into hardware?
  2. What are the best resources to learn?
  3. What questions do interviewers ask?
  4. How much money do HWEs make (and in Quant)?
  5. What does the deployment pipeline look like in HWE?
  6. What differentiates a HWE in an interview?
  7. What projects should HWEs do to stand out for jobs?
  8. AI's impact on the HWE job market.

and more!

youtu.be
u/C_with_improvement — 6 days ago

You're smarter than people who cracked quant, so why can't you?

Lots of people ask me why their applications feel like they're being sent into a black pit, a void that swallows up everything they throw inside.

This question has always struck me as strange. Those asking are clearly intelligent, but they're just not positioned correctly. I've looked over so many resumes that I know within 10 seconds if you're going to get a chance, or get swallowed by the void.

So instead of just stopping at creating a preparation platform, I've expanded it with a recruitment arm. Why? Because I'm actually interested in getting people placed, not just providing them with prep material and telling them 'Good luck!'.

Those who meet basic qualifications on getcracked.io can apply for our recruitment service; a fast-pass straight to the top of the resume pile, with interviews booked for you by stellar recruiters who specialize in quant. They're literally paid to get you a job, and will support your development from the first interview.

This service will be put on steroids when I launch getcracked Elite, our quant placement accelerator.

So why are you bothering to look elsewhere? You're going to pay whether you sign up or not. The only question is whether you prefer to pay with time, tears, and missed opportunities, or with a couple dollars.

u/C_with_improvement — 7 days ago
▲ 1 r/u_C_with_improvement+1 crossposts

You're not dumb, you just have nobody in your corner

Lots of people ask me why their applications feel like they're being sent into a black pit, a void that swallows up everything they throw inside.

This question has always struck me as strange. Those asking are clearly intelligent, but they're just not positioned correctly. I've looked over so many resumes that I know within 10 seconds if you're going to get a chance, or get swallowed by the void.

So instead of just stopping at creating a preparation platform, I've expanded it with a recruitment arm. Why? Because I'm actually interested in getting people placed, not just providing them with prep material and telling them 'Good luck!'.

Those who meet basic qualifications on getcracked.io can apply for our recruitment service; a fast-pass straight to the top of the resume pile, with interviews booked for you by stellar recruiters who specialize in quant. They're literally paid to get you a job, and will support your development from the first interview.

This service will be put on steroids when I launch getcracked Elite, our quant placement accelerator.

So why are you bothering to look elsewhere? You're going to pay whether you sign up or not. The only question is whether you prefer to pay with time, tears, and missed opportunities, or with a couple dollars.

u/C_with_improvement — 8 days ago

We’ve been quietly building something for people who are actually serious about cracking quant

Most “quant prep” out there is garbage. Fake AI professors. Course-bro grifters selling you a PDF and a Discord invite, or even worse, a $5000 bootcamp run by someone who’s never worked in Quant (you all know who I’m referring to, and if you don’t consider yourself lucky). People who’ve never sat on a desk telling you how to get on one, the epitome of grift.

I built getcracked because I was tired of watching sharp engineers and traders get filtered out of interviews they should’ve crushed, not because they weren’t good enough, but because nobody ever showed them what the bar actually is.

Over the last few months I’ve had the same conversation on repeat. People don’t just want problems to solve. They want someone in their corner. They want a coach, a plan, a resume that doesn’t get auto-rejected, a project that actually stands out, and a real handoff to a recruiter who can get them in the door.

So we’re almost done building that. With advisory from one of the largest Tech YouTubers (TechWithTim), who’s run a similar successful programs, and a group of star-studded coaches from all divisions (QT/QR/QD).

More interviews. More offers. Better jobs. And a guarantee that we’ll work with you until you succeed. I’m confident that this guarantee is iron-clad, because I’ve done it myself with personal coaching clients time-and-time again.

I’m not dropping a link today, this isn’t that post. It’s opening to a limited number of people soon, and I’d rather the right ones find it than blast it everywhere.

If you’re serious, actually serious, not “I’ll maybe grind getcracked someday” serious, keep an eye out. I’ll be blasting it on all my socials.

reddit.com
u/C_with_improvement — 18 days ago

Fake trading is hard work

A big video of mine is dropping on Saturday. I previously asked this subreddit about “prop firms”, and I cover them in this video. I brought on an actual quant trader to add commentary / hear his take.

youtu.be
u/C_with_improvement — 23 days ago

Today at 11AM EST: Hardware Engineering in Quant Trading (Live)

Today at 11AM EST I'll be interviewing Frank Bruno, author of FPGA Programming for Beginners. If you have any questions, leave them below and make sure to tune in!

youtube.com
u/C_with_improvement — 1 month ago

People fall for the "Prop Firm" / "funded trader" industry?

(My next YouTube video is about this)

Maybe I've been out of the day-trading loop for a while. As I was scrolling IG I noticed a proliferation of the 'funded trader' persona. Here's an example:

  1. https://www.instagram.com/p/DZZ5aN7x6CK/

There's this whole industry of companies that look more like casinos than 'firms' (yet label themselves 'prop firms'). Think Tradeify, The Funded Trader, etc.

The pitch is this: Buy into our evaluation, once you pass the evaluation (which involves trading with paper money), we'll give you a funded (real money) trading account where you keep 90% of the profit.

Some quick numbers.

  • The average evaluation fee is $150 to $500
  • Pass rates across the industry are estimated at 5% to 10%
  • Most firms require you to re-buy the challenge after you fail
  • Many have rules so tight (trailing drawdown, consistency rules, time limits) that even profitable traders get wiped

So if 90%+ of people fail and pay again, the challenge fee is the product. The "funded account" is the marketing vehicle to sell you another challenge.

I saw this scheme and instantly thought, 'this is a casino'.

Last night I discussed this with a member of my community.

https://preview.redd.it/8pf94v6u1z8h1.png?width=1720&format=png&auto=webp&s=2406d5f89e2ef2dc3de5b2afe91dbaf87892d9ee

What these 'prop firms' essentially do is generate a probabilistic distribution of returns given current market regimes bumped against historical trader performance. They then tune the parameters of the 'challenge' to generate a margin wide enough such that even if they 'overpay' traders, given a large group of traders overperform their expectations, they are still profitable (their margin is wide enough).

Think of it as a company selling scratch lottery tickets. Essentially everything is known and managed in advance (e.g. how much they'll collect versus how much they'll give out).

The rest is marketing, affiliates, TikToks of people getting paid.

I'm not saying every prop firm is an outright scam. But the business model of most of them is structurally designed to extract challenge fees, not to fund successful traders. That's what I'm trying to communicate.

Do your due diligence. The industry has very few real safeguards and a bunch of deceptive marketing.

reddit.com
u/C_with_improvement — 1 month ago
▲ 7 r/crackquanttrading+1 crossposts

Not everyone accepts the offer. Here's why.

A lot of people are so starved for employment that, when they see others given what would otherwise appear like a dream offer, they scratch their head wondering why someone wouldn't accept it.

Members of getcracked.io sometimes find themselves rejecting star-studded offers in quant (this is just one example).

Why?

Not because they don't pay enough, or the firm isn't prestigious enough. Here are the reasons that many people overlook:

You never inteded to accept it.

Why would you do that? To practice, remain sharp, and 'explore what is out there'.

Believe it or not some people are so cracked that they can just walk through the interview, scratching their head, and find themselves at the end of the process with the offer someone else sacrificed their mother to obtain.

Think of the guy that never went to class but aced every exam.

Location changes everything.

Sometimes moving to another country sounds great in your head. But when it becomes real everything changes. You need to leave your friends, and family. Maybe you have a retro video collection you'd need to ship through the Straight of Hormuz before it arrives at your new destination (cough cough, me).

You might have other obligations that aren't as flexible (children, a partner), and moving just doesn't make sense.

No major incentive.

You know your co-workers, your boss. You're the highly respected domain expert at your organization for a series of applications or services. You currently clock in at 10AM and dip at 4PM to play Runescape.

You're still learning, but not as much when you first joined (and that's okay with you).

Why would you leave if the pay is just marginally better? You're already living the most comfortable life you could as a W-2 employee.

You're literally the king-boss-man in your team.

Accepting an offer somewhere else would Call-of-Duty prestige-rank you back to level 1. Sure, you're now prestige 2, but you got 0 unlocks.

Curious what your thoughts are if you've ever rejected an offer that someone would have snapped their grandma's neck to obtain.

u/C_with_improvement — 1 month ago

IMC Quant Trader Interview Question

One of our new grad trading candidates decided to share some intel with the group recently. He mentioned his process wasn't too standard, so take with a grain of salt. Thought I'd share regardless.

u/C_with_improvement — 1 month ago
▲ 18 r/crackquanttrading+1 crossposts

NK Securities Interview Questions

There's a lot more questions both in-Discord and on-platform (Discord ones get moved on-platform).

Our Discord has those that both cracked NK Securities, and those in the process of cracking. If you're interested you know where to go (getcracked.io).

u/C_with_improvement — 1 month ago
▲ 42 r/crackquanttrading+1 crossposts

SIG Quant Strategy Discovery Day Questions

A lot of people ask what the value of a community is when grinding for a quant role.

Is it not obvious by now? Sitting through the same interviews, where the community knowledge shares, is critical to understanding how you should best prepare.

Really happy to have built the most expansive community of quants, and aspiring quants; learning from each other, sharing information, and grinding for roles.

Just wanted to drop in and let you know that if you're grinding for quant, you know where to go (getcracked.io).

u/C_with_improvement — 1 month ago
▲ 2 r/crackquanttrading+1 crossposts

We added waveform debugging (via Surfer) for HWE coding problems

Today I got a message from a hardware engineer that really validated my decision to expand getcracked into the hardware domain.

We just released a new update on my platform for hardware engineering interview preparation.

When you get a testcase wrong, you're now provided with a waveform for debugging purposes.

I'm really committed to making the best hardware engineering interview preparation platform, and my committment to adding quant trading (and other industry) related questions is ironclad.

The hardware engineering partners on getcracked have been phenominal, and I can't wait to provide more value for those who are members via new coding problems, questions, and (hopefully) quizzes soon!

Just thought I'd drop in and let anyone interested know.

u/C_with_improvement — 1 month ago

The industry isn’t only Jane Street

I see a lot of people wanting to break into the space, almost as though Quant is a golden ticket to 600K TC.

There’s a collective delusion baked into these communities (unfortunately, and mostly in the online space) that I think genuinely needs to be called out.

People are being gaslit into thinking $200 - 300K is a bad outcome for an offer (TC), especially at the junior level (many of which are posted on getcracked.io/compensation).

It isn’t. Not even close.

Yes, you can see Optiver, Citadel, IMC (etc)comp numbers online, at places like Levels, Reddit, and elsewhere. And after enough exposure, your brain recalibrates. $250K starts sounding like a consolation prize. People unironically type things like “that’s solid for a non-target” as if $250K is the quant equivalent of participation trophy money.

I’ve watched people seriously agonize over whether to take a $280K offer at a well-run, intellectually serious hedge fund run by people they genuinely get along with.

At some point we need to stop and think “What more will money buy you?”.

I often tell people, when I was making just above 300K, and received an offer for over 400K, I didn’t think my life would change much (and it wouldn’t have). At that level, it’s just more money to throw in an index fund to reap later. Sure, you’ll have an extra hundred thousand or more at retirement, but as of right now, it doesn’t change much.

I also told people that I’d take a $25,000 pay cut if it meant I could come to the office in pajamas on my own schedule. That’s how much being free to work on my terms meant to me.

Can you get both high compensation and a matching degree of elevated autonomy at some firms? Sure. But focus so myopically on pay. You’re well ahead of 95% of people at that level, and money isn’t the end-all-be-all either.

Id rather work stress free at 250K than 9-9 at 400.

u/C_with_improvement — 2 months ago

Which Quant System Design video do you want to see next?

I'm going to film another Belvedere Quant System Design video this week related to developing a market data feed.

What sort of technical questions in quant that you were asked (on the system design front) do you want to see covered?

reddit.com
u/C_with_improvement — 2 months ago