Any full time quants still consistently making good money?
Last year I quit my quant dev job to trade full-time. Things were going great initially, I made around 50% on a 4 crore portfolio last FY. But since the end of April, everything has changed.
I’m down about 70 lakh this FY (over 15%). Both my directional and gamma scalping strategies have been struggling, and higher slippage and STT aren’t helping either.
Are other quants still consistently profitable in the current market, or are you seeing the same thing? I’m honestly considering going back to a job.