One picture to understand, do you really know what quantitative trading is?

In the cryptocurrency circle, some people earn tens of thousands of U.S. dollars a day through quantitative trading,

while some teams make millions of U.S. dollars a month using quantitative trading robots.

Even crazier, top Wall Street traders earn hundreds of billions utilizing quantitative methods.

So what is quantitative trading?

Traditional trading: Old fishermen rely on experience to judge where the fish are (looking at candlestick charts/listening to news)

Quantitative trading: Using sonar to scan the underwater terrain (mathematical models), automatically setting nets and collecting catches (programmatic trading)

Advantages: Including discipline, systematic approach, real-time capability, decentralization, etc.

Disadvantages: Including sample errors and sample biases, strategy resonance, incorrect attribution, black box issues, etc.