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Liquidity Goblin Profile
Liquidity Goblin

@liquiditygoblin

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long term greedy, short term speedy @GoblinCap_

Goblin Town
Joined October 2021
Don't wanna be here? Send us removal request.
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@liquiditygoblin
Liquidity Goblin
6 months
The bull market is here and basis trading is well and truly back, after the popularity of bybitpremiums I've made a new tool for okx a reminder, it shows: - funding rates averaged over different time periods - basis - spread - loads of other useful info
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@liquiditygoblin
Liquidity Goblin
1 year
[NEWS] As the Wagner coup approaches Moscow, Putin’s closest allies have sent him on a special expedition to see the titanic on their new carbon fibre submarine
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@liquiditygoblin
Liquidity Goblin
1 year
the Uber pulls up and this is your driver, wyd?
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@liquiditygoblin
Liquidity Goblin
1 year
Finally at a point to share this more broadly so here it is, my trading CLI tool sharing the keys to tools to 10x your on chain balance, scalping degenerate meme coin flow
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@liquiditygoblin
Liquidity Goblin
1 year
@plsitsnotme have you tried just earning more? that’s what I did
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@liquiditygoblin
Liquidity Goblin
1 year
inspired by the old ftxpremiums, I wanted to learn a bit of js and test my web dev skills, so I made my own version for bybit It shows - funding rates averaged over different time periods - basis - spread - OI - a whole heap of other useful info
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@liquiditygoblin
Liquidity Goblin
8 months
This is what happens when you let your quant format the wine list
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@liquiditygoblin
Liquidity Goblin
4 months
anyone tried modelling the menstrual cycles of athletes in women's sports? seems like it could be a good edge w.r.t sports betting?
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@liquiditygoblin
Liquidity Goblin
5 months
A reminder that corporate boat parties suck. DO NOT accept the invite you can’t leave early, you’re stuck there with the fucking worst personalities imaginable. It’s a lesson in adverse selection. What kind of people do you think accept the invite??? WANKERS A BOAT FULL
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@liquiditygoblin
Liquidity Goblin
5 months
where the fuck does this sentiment come from lmao, are you all MacBoys writing shitty little node.js apps? thinkpads have to be the most common laptop choice of people who do real dev work just use vim & ssh into a bigger box if you need the compute or a prod-like dev env???
@personofswag
adam 🇺🇸
5 months
you know you’re working with a 0.5xer when he pulls out one of these
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@liquiditygoblin
Liquidity Goblin
4 months
A reminder that the UK is poor & never recovered from its poor decisions post GFC
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@liquiditygoblin
Liquidity Goblin
2 years
heard rumors of bybit being insolvent if i hear even a whisper of shit like that im fucking out the prop desks in crypto are worse than teenage girls when it comes to gossip and i dont want to be collateral damage in a self fulfilling prophecy
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@liquiditygoblin
Liquidity Goblin
4 months
I’ve not met any decent traders who were French something in that
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@liquiditygoblin
Liquidity Goblin
1 year
Crypto beta is something I often see misunderstood by beginner traders on the timeline 📈 I've written an article about what it is, how it applies in crypto and how to use it. I've even written a jupyter notebook for you to calculate it on your favourite tokens! 1/2
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@liquiditygoblin
Liquidity Goblin
11 months
Didn’t tip my Uber driver and he blocked me on twitter wtf? @Uber
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@liquiditygoblin
Liquidity Goblin
5 months
gm, hope everyone enjoyed their easter holiday here's a video i made of some ETH vol curves replayed from the weekend to the sound of chopin options market making is art have a good week 🫡
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@liquiditygoblin
Liquidity Goblin
4 months
If you’re not thinking about day to day tasks like this you simply will not make it in HFT
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@liquiditygoblin
Liquidity Goblin
9 months
I wrote a little short article on trading spreads hopefully its useful to some of you
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@liquiditygoblin
Liquidity Goblin
1 year
Want your computer to call trades out to you so you can LARP as a pit trader? Here's the first in a series where I'll share helpful scripts for trading each week 👇 1/7
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@liquiditygoblin
Liquidity Goblin
1 year
cope harder no voters, the easiest trade of my life
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@liquiditygoblin
Liquidity Goblin
1 year
when is this gonna settle lol? free money if anyone wants to go pick off the remaining offers
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@liquiditygoblin
Liquidity Goblin
1 year
All in a days work anyone have experience jailbreaking firmwares? Asking for a friend
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@liquiditygoblin
Liquidity Goblin
1 year
Options interview question: You have a single European at-the-money option position with an IV of 16%, 1yr tenor, paying $2k a day in theta. You're hedged with the underlying to be delta neutral. The underlying moves down 2% for the day. 1/2
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@liquiditygoblin
Liquidity Goblin
7 months
Just got back from a month of skiing and I CANNOT WAIT to take an unhinged amount of stimulants and shit out some of the worst python code my colleagues have ever seen time to grind baby, the modafinil is calling
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@liquiditygoblin
Liquidity Goblin
1 year
you have: - simple bots - short vol position - a creepy hat business - a loris living in your attic rent free I have - autism - modafinil - a desire to win - no cap maths business we are not the same
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@liquiditygoblin
Liquidity Goblin
9 months
whenever the question of ethics come up at our firm and we wonder if we should just blatantly tear someone a new one bc they're bad at trading I point to the Sinclair quote I wrote on the wall like a true schizo it's a good reminder, your counter-party is not your friend
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@liquiditygoblin
Liquidity Goblin
1 year
I often go through periods of dopamine "detoxing" where I cut back dopamine sources to help reset and give me more focus. I go so far as to stop using my iPhone, quitting caffeine and trying to eat more bland food Below is a picture of some of the things replacing my phone 1/7
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@liquiditygoblin
Liquidity Goblin
4 months
POV you’re pricing up an OTC exotic derivatives trade and @worstcontrarian is your counterparty
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@liquiditygoblin
Liquidity Goblin
1 year
The HFT boiz don't want you to know how profitable hummingbot is, so they psyops you into thinking you can't compete without rewriting the TCP/IP stack to use C++ template metaprogramming. Just spin up hummingbot & go play some golf
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@liquiditygoblin
Liquidity Goblin
1 year
Huge plays this week, starting balance was $2m (had just finished another $10m run) and now sitting at $146.2m
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@Ape_31
APE
1 year
Huge plays this week, starting balance was $200k (had just finished another $1m run) and now sitting at $7.3m
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@liquiditygoblin
Liquidity Goblin
1 year
what if i told you most options market makers aren't short vol think about it, tell me why this might be
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@liquiditygoblin
Liquidity Goblin
10 months
me at 7:30pm in the office trying to explain to the intern why we like buying gamma
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@liquiditygoblin
Liquidity Goblin
1 year
Your signals should be smooth. Practically, you can just look at this qualitatively, (being fancier not worth the effort) 9/10 times the easiest thing to do is to just put an ewma on it the less noisy your signals, the simpler your model can be 1/6 🧵
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@liquiditygoblin
Liquidity Goblin
1 year
This is getting a lot of love, so thought I'd share the wire frame of upcoming pro-mode who wants a defi bloomberg terminal?🤫
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@liquiditygoblin
Liquidity Goblin
1 year
Finally at a point to share this more broadly so here it is, my trading CLI tool sharing the keys to tools to 10x your on chain balance, scalping degenerate meme coin flow
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@liquiditygoblin
Liquidity Goblin
3 months
Ah here it is
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@liquiditygoblin
Liquidity Goblin
5 months
when the intern brings you this, what do you say to him
@GoblinCapIntern
GoblinCapIntern
5 months
Above the line price go up, below the line price go down
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@liquiditygoblin
Liquidity Goblin
8 months
lol, sometimes as an MM you wonder who's on the other end of your trade and how the market can be so inefficient then people like this come along thank you for keeping me in a job AJ, i'll be thinking of you and your clients from my yacht
@AJToce
TOCE
8 months
I sold $262k of BTC & ETH for a client today on a major exchange. The trade fee to sell was $4k and the execution price was so far below spot she lost another $3k instantly.
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@liquiditygoblin
Liquidity Goblin
9 months
cross the spread, I am no longer asking
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@liquiditygoblin
Liquidity Goblin
1 year
Jim Simons pays millions in bribes each year to American colleges to keep their statistics teaching poor quality. If every American knew more stats, RenTec’s edge would disappear and markets would be more efficient. Everything is rigged
@beniduboss
ilikeblocks
1 year
My girlfriend is studying in the US and was forced to take a Stat class This was one of the questions Answer what you think the correct answer is in the poll below
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@liquiditygoblin
Liquidity Goblin
11 months
been a while since I made any updates to my trading terminal ui here's a demo of my orderbook script, I currently use kitty term to mutex multiple windows so i can see multiple books at once (spot & perp, perps cross exchange) will be adding a column for my own orders next
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@liquiditygoblin
Liquidity Goblin
8 months
gm
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@liquiditygoblin
Liquidity Goblin
1 year
market stresses lead to interesting opportunities! a quick look at a carry trade opportunity I identified using 1/12
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@liquiditygoblin
Liquidity Goblin
6 months
this feels appropriate @CliffordAsness
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@CliffordAsness
Clifford Asness
6 months
Oh, sure, I’ll answer. Quant models take many small positions, often thousands so we can be wrong about a lot and still right (and vice versa). Also, we run a lot against benchmarks and if we’re long and underweight (negative on the stock) it shows up we own it and idiots think
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@liquiditygoblin
Liquidity Goblin
1 year
You vs the guy she tells you not to worry about
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@liquiditygoblin
Liquidity Goblin
1 year
how does 800% APR sound? too good to be true? well it's real, not only that, it's on a far more liquid token, with much lower trade costs. here's a look at an actionable trade I'm doing, yet again found with 1/6
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@liquiditygoblin
Liquidity Goblin
9 months
I made a chart tell me, where do you sit
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@liquiditygoblin
Liquidity Goblin
9 months
I've recently taken to the saying, "Don't ever take a fence down until you know the reason why it was put up" so here's some unwarranted life advice for traders:
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@liquiditygoblin
Liquidity Goblin
1 year
There’s no way black-scholes belongs on this list
@netcapgirl
sophie
1 year
there hasn’t been a big equation in awhile
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@liquiditygoblin
Liquidity Goblin
1 year
recommend this if you're new to options, can explain many concepts that you might be struggling with
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@liquiditygoblin
Liquidity Goblin
1 year
I don't take weekends off work, but about once a fortnight I'll get baked out of my mind, put a 90's movie on and order tiramisu on Uber eats. I call it tiramisu day, it's the one thing holding my sanity together working 7 days a week. today is tiramisu day, any movie recs?
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@liquiditygoblin
Liquidity Goblin
1 year
would people like a series where I share small little helper scripts each week? Reply below with what you’d want to see I’ll post them as a GitHub gist
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@liquiditygoblin
Liquidity Goblin
10 months
the answer for this can go many ways but I’ll share one, accompanied by my whiteboard diagram below two main things we’re looking for here 1) an understanding of curve dynamics 2) knowledge of how margining impacts how we trade 1/10
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@liquiditygoblin
Liquidity Goblin
10 months
options interview question: you're fitting a spline to an illiquid options expiry, where the ATM bid/ask spread is 20% wide, where do you fit your curve to? give reasoning
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@liquiditygoblin
Liquidity Goblin
1 year
Hot tip from a market maker If you’re weighing up whether to take on a pair with a wide spread, but avoid trading due to this. You’re missing out. Wide spread means my guess is as good as yours as to what the fair price is, make a trade, see where things go
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@liquiditygoblin
Liquidity Goblin
6 months
when evaluating a strategy, I implore you to use the following liquidity-competition matrix, find a strategy you can marry, aim for the wife zone become the liquidity goblin
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@liquiditygoblin
Liquidity Goblin
1 year
do you guys add in living expenses to your theta position? if you reduce your cost of living it’s like you’re paying less theta, then you can take a bigger gamma position! and who doesn’t like that? follow me for more life hacks
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@liquiditygoblin
Liquidity Goblin
9 months
me and who?
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@liquiditygoblin
Liquidity Goblin
2 months
fixed it for you
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@Vertox_DF
Vertox
2 months
Writing this has literally become muscle memory at this point.
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@liquiditygoblin
Liquidity Goblin
1 year
reminder that the most profitable stuff available to you, the unsophisticated trader, is most likely boring and will take a bit of work.
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@liquiditygoblin
Liquidity Goblin
8 months
you can make a good strategy work with shit code, but you can't make a shit strategy work with good code
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@liquiditygoblin
Liquidity Goblin
4 months
For those who don’t know yet, Gerko is alive and well, just on LinkedIn now maybe if we all go over and harass him in the LinkedIn comments he will come back?
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@liquiditygoblin
Liquidity Goblin
1 year
Can we all stop running around larping as if we’re changing the world with web3 and crypto? There’s maybe 4 total devs doing something useful in this space, the rest of you are here because you’re greedy. Stop lying to yourselves
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@liquiditygoblin
Liquidity Goblin
7 months
Let’s say hypothetically I had a commercial quantity of vanilla beans (~100 kg grade-A beans > 24cm in length) where and to whom could I sell them? Anyone know know any buyers? could do some serious size
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@liquiditygoblin
Liquidity Goblin
1 year
- a good gym membership & coach - a meal delivery service - a cleaner - regular sports massages - a good GP/ concierge doctor this is peak $/quality of life improvement rate before you hit diminishing returns. Better off ticking off these things before moving into a bigger house
@fuckyourputs
samson
1 year
what are some semi expensive things that made your life significantly better? tech or not tech, idm.
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@liquiditygoblin
Liquidity Goblin
1 year
Fuck the options market makers with this one simple trick! > cross the spread 4 times
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@liquiditygoblin
Liquidity Goblin
1 year
I posted a strategy last week that had a 220% APR, I see strategies like this all the time that I can’t do because they can only be done with <200k so aren’t worth my time I’ve created a newsletter to talk more about them Every second post is free
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@liquiditygoblin
Liquidity Goblin
1 year
when is this gonna settle lol? free money if anyone wants to go pick off the remaining offers
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@liquiditygoblin
Liquidity Goblin
9 months
Filet-o-fish is the best thing you can buy from McDonald’s and I won’t be convinced otherwise this is a hill I will die on
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@liquiditygoblin
Liquidity Goblin
4 months
hmm some things missing here; where is price discovery happening? largely via options what side of the trade is the MM on? largely selling these "mispricings" are a result of where the flow is coming from, sell them down you'll be doing SIG & citsec a huge favor 1/9
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@liquiditygoblin
Liquidity Goblin
1 year
I don’t think I’ve met a single successful quant who wasn’t autistic if you’re a quant and haven’t yet been diagnosed, that’ll be $350 for your diagnosis thx I accept cash in the mail or monero
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@liquiditygoblin
Liquidity Goblin
10 months
heard rumors of woo x being insolvent if i hear even a whisper of shit like that im fucking out the prop desks in crypto are worse than teenage girls when it comes to gossip and i dont want to be collateral damage in a self fulfilling prophecy
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@liquiditygoblin
Liquidity Goblin
10 months
FUCK all the tradfi twitter bros are talking about crypto, time to sell everything
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@liquiditygoblin
Liquidity Goblin
3 months
we're so back it's not even funny, ETHBTC perp on bybit at 212% APR with a 38bp basis ready to doink it back, easy hedge with short ETH perp, long BTC perp
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@liquiditygoblin
Liquidity Goblin
1 year
say it with me folks: you aren’t trading sizes big enough to care esoteric quant math bullshit why are you trying to optimise the execution of a $10k position? why are you looking at non-linearities? just make the trade and get onto the next thing
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@liquiditygoblin
Liquidity Goblin
5 months
selling vol is analogous to eating indian street food and i think jane street don't want you to know this
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@liquiditygoblin
Liquidity Goblin
6 months
Hard to describe the competition and number of firms trading on-chain on arbitrum. If you were as close to the coal face you’d be bullish $ARB like we at goblin cap are Wintermute ergonia DFW - Soon Citadel - Soon [Goblin’s Real Job REDACTED] Flow Traders Retail flow so juicy
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@liquiditygoblin
Liquidity Goblin
9 months
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@liquiditygoblin
Liquidity Goblin
7 months
your edge should be big enough to not worry about higher order greeks, if it's not, you're either doing huge size/volume (if so you don't need advice from twitter)or you're doing something silly worth considering if time could be better spent on your edge rather than your hedge
@Ksidiii
Kris Sidial🇺🇸
7 months
For the majority of the world, there is no need to immerse oneself in the complexities of second and third-order Greeks to succeed in trading volatility. Deciphering whether a particular option exhibits a certain amount of Vanna or Volga does not yield "alpha." This knowledge
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@liquiditygoblin
Liquidity Goblin
11 months
prop firm recruiters do a great job of nerd sniping post grads and then tell them they’ll get 10x their current remuneration to come solve it for them contrary to some characterisations, prop research is fun and interesting, it’s not always selling your soul.
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@liquiditygoblin
Liquidity Goblin
1 year
do you like the ETH/BTC flippening trade ? how about the ETH/BTC vol RV trade. fellow gamma whores might like this 1/6
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@liquiditygoblin
Liquidity Goblin
10 months
options interview question: you're fitting a spline to an illiquid options expiry, where the ATM bid/ask spread is 20% wide, where do you fit your curve to? give reasoning
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@liquiditygoblin
Liquidity Goblin
11 months
Life is easy anon Be born in a first world country. Have rich parents. Go to the right school. Have autism. Have them buy you a hooom. Get a job at a prop shop. Get a Covid FY bonus. Start a crypto firm. Spend your day shitposting. Yachts.
@scrypto_
scrypto
11 months
Life is easy, anon. Do the work. Smile. Be patient. Tell her she’s pretty. Tell him he’s strong. Tell them they’re appreciated. Compliment on effort. Walk away from hatefulness. Keep your home clean and uncluttered. Open the windows. Swim when you can. Walk tall with confidence.
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@liquiditygoblin
Liquidity Goblin
1 year
MFT quant starter pack > split ergo keyboard > trackball or fancy mouse > cabled open back headphones > standing desk > physics PhD > plays devils advocate for Julia & Mathematica > thinks trading bonds is fun and cool
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@liquiditygoblin
Liquidity Goblin
11 months
live footage from inside our office after we rip the face off yet another counter-party with slow quotes
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@liquiditygoblin
Liquidity Goblin
4 months
met a stranger today @mgnr_io
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@liquiditygoblin
Liquidity Goblin
2 months
claude is way better than ChatGPT wow I've been missing out, anyone have any other recommendations?
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@liquiditygoblin
Liquidity Goblin
4 months
you know most trading firms have bans on employees PA trading the same markets, in case they trade against the firm but after seeing @toxic_intern 's PA i have made an exception and given him the green light, nothing to worry about on that front
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@liquiditygoblin
Liquidity Goblin
1 year
A lot of you quant threadooors haven't read Active Portfolio Management and it shows
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@liquiditygoblin
Liquidity Goblin
1 year
@0xgodking Bro that’s my picture lmao
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@liquiditygoblin
Liquidity Goblin
1 year
not many of you know, but I was an AI/ML nerd & researcher before I got into trading, long before I got into crypto. it pains me to see so many crypto bros jump ship over some hype from a LLM, but I have come to realise it's never about the tech only the grift
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@liquiditygoblin
Liquidity Goblin
10 months
currently operating on a delicate equilibrium of uppers and downers to maximise efficiency top up with some nicotine and an energy drink, knock down with a hit of a CBD vape and some L-theanine finishing the day off with 5mg of melatonin and 100mg of THC
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@liquiditygoblin
Liquidity Goblin
1 year
when I see these, I can't help but think this has to be the lowest impact way to give away a $300mill "Worlds richest trader scalps poor people's orders flow at HFT firm and uses profits to donate to world's richest university" he has to be getting something from this right?
@Harvard
Harvard University
1 year
The Graduate School of Arts and Sciences will be renamed the Harvard Kenneth C. Griffin Graduate School of Arts and Sciences
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@liquiditygoblin
Liquidity Goblin
9 months
quick dox as I wait for my plane to gtfo of this corrupt hell hole taxing me to my eyeballs
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@liquiditygoblin
Liquidity Goblin
3 months
question for the older traders of twitter how many times has an intern/junior brought you a random forest model? be honest
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@liquiditygoblin
Liquidity Goblin
1 year
A little a project I have in progress, an on-chain trading cli powered by 1inch Can execute on multiple chains, supports trigger orders, on-chain TWAPs & more
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@liquiditygoblin
Liquidity Goblin
1 year
I like my orderflow how I like my women non-toxic and still looks good on the 10year mark-out
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@liquiditygoblin
Liquidity Goblin
1 year
does anyone else get sea sick sending the weekly PnL wrap from their yacht? happy weekend everyone
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@liquiditygoblin
Liquidity Goblin
9 months
gm
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@liquiditygoblin
Liquidity Goblin
5 months
im sorry but hyperliquid is just the on-chain ftx, i refuse to take it seriously
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@liquiditygoblin
Liquidity Goblin
10 months
very interesting
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@liquiditygoblin
Liquidity Goblin
7 months
So @toxic_intern intern was asleep at the wheel and forgot to roll our agarwood futures position. now we’ve had to take delivery of a couple 100 kgs of agarwood. would anyone perhaps know any spot buyers so we can try recoup some costs?
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