This is another comparison between R and MATLAB (Python also in the mix this time). In previous rounds we discussed the differences in 3d visualization, differences in syntax and input-output differences. Today is about computational speed.
In trading and in trading-related research one could be quickly overwhelmed with the sea of ink devoted to trading strategies and the like. It is essential that you “pick your battles” so to speak. I recently finished reading Machine Trading, by Ernest Chan. Here is what I think about the book.
At least for me, R by faR. MATLAB has its own way of doing things, which to be honest can probably be defended from many angles. Here are few examples for not so subtle differences between R and MATLAB:
R takes it. I prefer coding in R over MATLAB. I feel R understands that I do not like to type too much. A few examples: