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<p id="isPasted">Quantitative traders, or quants for short, use mathematical models and large data sets to identify trading opportunities and buy and sell securities.</p><p>An aspiring quant trader needs to be exceptionally skilled and interested in all things mathematical. A bachelor's degree in math, a master's degree in financial engineering or quantitative financial modeling, or an MBA are all helpful for scoring a job; many analysts will also have a Ph.D. in these or similar fields. In addition to an advanced degree, a quant should also have experience and familiarity with data mining, research methods, statistical analysis, and automated trading systems.</p>
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<p id="isPasted">A real-life example of quantitative trading is when an investor predicts that the value of Amazon stock will increase by 95% year-to-date, while the stock is at an all-time low.</p><p>The investor derives the assumption by collecting, reviewing, and analyzing historical data and feeding it into the mathematical model. Every data set reveals patterns and quantitative trading extracts patterns from the dataset.</p>
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