@HighStakesCap
Fucking legend... Bob Dylan sold his whole catalogue to Sony for 150m after 50 years of career and this guy randomly loses it on 1 trade and memes about it
hft live returns for August
slowly coming back from vacation and catching up. had 3 days of technical issues around Aug 15th, rest of the month was pretty uneventful. returns going down a bit, PnL going up a bit
hft live returns for July
most challenging month so far, first half of july a bottleneck was causing latency issues and pnl took a big hit. fixed on the 19th and up to the right we go.
max'd out capacity will keep making the returns look smaller, but $ is around same
hft live returns for July
most challenging month so far, first half of july a bottleneck was causing latency issues and pnl took a big hit. fixed on the 19th and up to the right we go.
max'd out capacity will keep making the returns look smaller, but $ is around same
hft live returns for June
capacity max'd out, so smaller % rets this month, also an edge case inventory mgmt problem on the 29th *almost* caused the first red day in 3 months
venue volume also going down, so i predict next month perf will be worse
still made more $ than in May
hft live returns for June
capacity max'd out, so smaller % rets this month, also an edge case inventory mgmt problem on the 29th *almost* caused the first red day in 3 months
venue volume also going down, so i predict next month perf will be worse
still made more $ than in May
just realized I was compensating withdrawals on the previous day instead of the correct one, which created those weird peaks and drawdowns. this is with the 3 withdrawals shifted by 1 day... I'm embarassed to post this, the sharpe is straight up nasty. dont try this at home
For the first time since about 1 year ago I’ve started slowly accumulating a bit of spot $BTC & $ETH this week.
The macro environment looks like shit, but at the beginning of 2018 I promised myself that I would buy a 70%+ dip after an ATH, so here I am
just realized I was compensating withdrawals on the previous day instead of the correct one, which created those weird peaks and drawdowns. this is with the 3 withdrawals shifted by 1 day... I'm embarassed to post this, the sharpe is straight up nasty. dont try this at home
Python: “hey man, look, you made a syntax error on line 221 at char 45, but I understand what you wanted to do so no big deal, I’m gonna execute it anyway, just remember to use *this* instead next time so it looks prettier:)”
C++:
new podcast with
@worstcontrarian
is out!
lots of chatting about the good ‘ol times and my journey in the last decade, didn’t get very technical with quanty stuff, I think anybody can follow along
really enjoyed recording this, hope you like it!
In the 2020 bull run I didn’t know a lot of the stuff that was pumping (like CHZ) because I spent most of my time coding, so I wouldn’t buy it
DON’T. DO. THAT.
Had the pleasure of doing this interview with the awesome
@visualisealpha
, make sure to give him a follow because the stuff he puts out is just great!
🚨📬Alpha Mail
#24
featuring
@crypto_hades
has just hit inboxes.
Rbit talks about the secretive world of algotrading, getting your hands dirty and the importance of building a network of like-minded individuals.
Read it for free:
small 🧵 about assumptions when working with candlesticks, and a bunch of ways to do it right...
1/n - the most common way of calculating candlestick close prices is by taking the price of the last trade. there's a bunch of pitfalls here...
@realWolfofWaves
@nasdaily
@SBF_FTX
Well first of all, and not mentioned, he founded Alameda Research... with a few hundred k $ made working for Jane Street in Chicago
24/x But the most important thing in all of this is….. NETWORK! Talk to people! Meet new friends, ask questions, don’t be afraid! The best opportunities in this space are not given to strangers. And besides that, where’s the fun if you are alone?!
@therobotjames
cranked up to the tits sir 🫡 actually a bunch of your tweets about doing the dirty work and finding opportunities in odd places inspired me to work on this strat! drinks on me if we meet one day
22/x Even if it seems like you’ve lost your train, there is always another one. The way in which the train comes is always the same, but the train is different every time and you have to be willing to look around, change ideas quickly and believe in them.
19/x But that intuition eventually changed my life! I started coding all day every day, and I started building, reading, studying, watching conferences and tutorials around the clock.
a little alpha leak:
- you invest 8 figs in a new project with 6-12-18 months vesting period, can’t sell, avg purchase price very low
- proj pumps 10x your entry price
- can’t hedge cause DEX only
- coin’s perp magically listed after pump
...connect the dots
We have to stop longing FTX listings. Ladies, if a coin says it's getting listed on FTX, cut it, go, you gotta leave. That's the same thing as them telling me rugging is their favorite move, it just makes me run in the opposite direction and I encourage you all to do the same.
3/x A decade ago I wasn’t a savvy investor, I wasn’t looking for an alternative digital gold or anything like that. I was an occasional lurker on 4chan, I liked the crazy ass stories and greentexts, but little did I know the most important 3 letters I’d ever read there were BTC.
If AGI is achievable, the very first people who will know it will be traders who will suddenly find all of their good strategies & trades don’t work anymore, and that an unknown firm is on the winning side of all of them.
23/x Be realistic, but not too much, this is a weird place. Don’t be a permabear. Don’t risk it all just because you feel a compulsion to make it all back today. This road is very long. You wouldn’t do that with your fiat.
20/x Here I could renew my interest for science, algorithms and math that was so wore down by schools and teachers to actually do something useful and cool that I’m passionate about! Fast forward to today, the last 2-3 years have been a phenomenal experience.
Today I talked with a guy majoring in “finance and digital finance” in one of the top uni in my country
He paid 6 figs tuition to come and tell me that he’s following his classes on TA, that ETH is “the most centralized coin”, that “metamask is more expensive than etoro”..
ngmi
@mgnr_io
@satsdart
If you were to start today from scratch, what system would you work on first? E.g. Cex perp arb, DEX arb, cex HFT taker, high freq. MM...
18/x I realized this would not work, there had to be a better way. In 2019 I went deeper and deeper with scripts and little bots. I thought if I could make my pinescripts a little tiny bit smarter with Python, I was set. They are *almost* working already! That was also wrong.
2/x I’m in my highschool class, and during breaks I check BTC price on the first price tracker for my very first smartphone, I show the guys behind me “wow look! it’s above 1 dollar! it was 85 cents just the other day!” and I get weird looks, “what’s that?” I get asked
@OrthogonalAlpha
What would you like to have spent time on if you could do it all over again?
Before doing quant trading I did my dream job since I was a kid. Turns out it sucked, and at least here I’m making money
new personal policy: force myself to spend on my well-being at least the same amount I spend on taxes. I should benefit from my work at least as much as the government
21/x It eventually changed my lane of work, I’ve met so many incredibly smart and cool people, and I’m so grateful and honored for every DM I can exchange with them and every discord group we can share (s/o to the gigabrains at
#QuantOps
). So what’s the takeaway from all that?
15/x But, at least, the BTC forks were kind to me, I traded all of them with 20x leverage and did many x’s on my stack. Then I played the legendary XRB/NANO pump and a few others. I made a nice chunk, not a millionaire, but significant money.
17/x So I started studying all the TA I could, and started playing around with indicators and eventually Pinescript. That was not a profitable year. Arthur’s playground was at his best, I got stopped so many times I couldn’t count them, got my fair share of liqs.
7/x The only option was to mine. So I started mining BTC with my gaming PC when I wasn’t playing WoW (I miss WotLK), eventually I bought a little USB miner on eBay that was a little bit better. Then I eventually moved to LTC. In between all this mining, I lost access to 1 wallet
8/x Then another time I didn’t have an external HD at hand to backup another one before formatting “it’s just 10 bucks worth of crypto, no big deal”. Mistakes were made. Then MtGox came along, and I was finally 18 w/ my own bank account. Yes! I could finally buy with fiat!
4/x At the time, it felt refreshing, cyberpunk, contrarian, odd, a bit shady, and like a breath of fresh air. It felt like an ideal of potentially bypassing a world that wasn’t built for people like me but that everybody else was forced to live in.
6/x But that was enough, and I wanted in, more so for the movement than for the money. Acquiring crypto 10 years ago wasn’t as easy as now. At the beginning, I couldn’t find even 1 “exchange” as we know it today, I wasn’t able to buy BTC with fiat until MtGox 2 years later.
@hellspawncrypto
To be fair, my own market making bots have about the same cancellation rate (between 98.1 and 99.2%) and I’ve never explicitly programmed them to spoof, they just try to get good fills…
Did my very first video interview with
@globedx
! Thanks Sunlight and everybody involved!
Hope you find it interesting and are able to take away something from it!
globe | Talks with traders EP
#3
is live at 8am UTC (5 minutes 😉)
Sunlight talks to seasoned trader Rbit (
@crypto_hades
) about where crypto trading can take you and how to succeed in the markets
Watch now 👇
#cryptotrading
#quanttrading
10/x Then it goes parabolic, 700, 800, 900… Withdrawals are blocked. I haven’t seen that money yet, still dealing with pages and pages and pages of court bullshit.
12/x Through 2014, 15 and 16 I’d check prices every once in a while, and honestly had no idea where this would go, I felt like it already happened and already ended badly. At the beginning of 2017 I finally hear about something new, Ethereum.
Just rewrote my OB reconstruction function from scratch this morning; took it down from around 700-900 microsec to 6 (fastest update) - 89 (slowest) microseconds in pure python. Cython next 😈
16/x 2018 was the year of TA for me. Everything I did in 2017, was mostly intuition and luck, but I had no technical skills, I could barely draw a diag. And I thought that was a problem, a limiting factor.
Absolutely biblical skies in Tasmania at 4am this morning. I’m leaving today and knew I could not pass up this opportunity for such a large solar storm. Here’s the image. I actually had to de-saturate the colours. Clouds glowing red. Insane. Shot on Nikon. Rt appreciated
My house got broken into tonight. Fortunately not the one I’m staying in right now so I’m safe. Oddly enough, they made a mess but only stole a few things that had zero economic value but a lot of emotional value. Pretty pissed
11/x After that I was bitter for quite a while. Was this inevitable in a grassroot form of money? Had I lost my train not selling before the top and withdrawing? On the other hand college was going really well and I was having fun, I started working too and got distracted by life
13/x It was pumping vertically, and apparently was the new hot shit on the block. Smart contracts sounded like a good idea, so I bought some at around 120$, then again at 180$. Shortly after that I started playing around with trading again, on Kraken using their 3x max leverage.
5/x Did I think it would become the new standard in terms of digital payments? That it would go to 64k? Not at all. At the time, I thought we could maybe see it going to 100$ or so, that many more people would use it, and that it could just be an alternative payment system.
14/x But that only lasted for a month before I discovered BitMEX. Long story short, my 2017 was filled with MEX notifs and wrong ICO picks. I remember doing the Tezos ICO instead of the MCO ICO and getting my money stuck for almost a year instead of doing an easy 15x in 2 weeks.