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What might the pros and cons be for hedgefund startups between going with LEAN vs the QuantConnect web platform?
What factors would this decision depend on?
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Derek Melchin
Hi Sidhant,
Please refer to this related thread.
Best,
Derek Melchin
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Luis Gomez
Whichever route you go, you will probably want LEAN running locally anyways. The most important thing starting out (in my opinion, as someone starting out) is to make your learning loop as fast as possible. Local dev is key to this
Being able to code strategies and run backtests locally will help you find bugs much faster than doing everything through the web UI
Jared Broad
I agree with Luis that it's not either-or; both would be the ideal use case for speedy development and stable efficient live hosting. QC's live cloud has a great UX, notification features, live data, etc.. redundant 10GB dedicated internet connections.. setting all that up for your own live trading is near impossible as a start-up fund.Â
If you want to avoid purchasing data, you can use our cloud and avoid setting up your own backtesting cluster; can leverage ours. It saves you time to focus on the critical matter of alpha =).Â
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Sidhant Bendre
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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