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Algorithmic trader | 7 years live | 10+ algos in production Helping traders go algorithmic (300+ so far). Co-founder @AskEdgarIO (AI agents for funds).

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In the initial days of my trading, I had no clue about order flow. 4 years later, order flow is a critical final part of my trading. I've built a list of the top 3 ways I use order flow in a systematic way. Today, I am sharing it with you 🧵

In the initial days of my trading, I had no clue about order flow. 4 years later, order flow is a critical final part of my trading. I've built a list of the top 3 ways I use order flow in a systematic way. Today, I am sharing it with you 🧵

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Jane Street just showed the inside of their AI training data center in Texas. 4,032 GPUs. 56 racks. 8,000 km of fiber. liquid cooling running through every server because air cooling can't handle the heat anymore. but the part that got me was the origin story. Ron Minsky, who co-heads their technology group. said their first compute cluster was literally six Dell boxes stacked on top of each other at the end of a desk row. they called it "the hive." the trading systems sat out in the room with the traders because they wanted to be able to unplug them if something went wrong. at one point, someone vacuuming the office unplugged a live trading system in the middle of the day. from six Dell boxes and a vacuum cleaner incident to a liquid-cooled GPU data center processing trades in under 100 nanoseconds. that's a 20-year arc.

Jane Street just showed the inside of their AI training data center in Texas. 4,032 GPUs. 56 racks. 8,000 km of fiber. liquid cooling running through every server because air cooling can't handle the heat anymore. but the part that got me was the origin story. Ron Minsky, who co-heads their technology group. said their first compute cluster was literally six Dell boxes stacked on top of each other at the end of a desk row. they called it "the hive." the trading systems sat out in the room with the traders because they wanted to be able to unplug them if something went wrong. at one point, someone vacuuming the office unplugged a live trading system in the middle of the day. from six Dell boxes and a vacuum cleaner incident to a liquid-cooled GPU data center processing trades in under 100 nanoseconds. that's a 20-year arc.

2,265,300 views • 29 days ago

Ken Griffin on the single factor he looks for when hiring at Citadel: "show me an athlete who did well academically." "an athlete because they know what it takes to win and they've had to experience loss." talent is everywhere. what's rare is someone who knows how to lose, recover, and still perform at a high level. same thing separates profitable traders from everyone else.

Ken Griffin on the single factor he looks for when hiring at Citadel: "show me an athlete who did well academically." "an athlete because they know what it takes to win and they've had to experience loss." talent is everywhere. what's rare is someone who knows how to lose, recover, and still perform at a high level. same thing separates profitable traders from everyone else.

1,198,006 views • 1 month ago

Paul Tudor Jones opens a fireside chat with Druckenmiller by admitting one of his biggest mistakes: "after the crash of '87, i was so worried about debt to GDP that it caused me to be short the stock market for the entire decade of the nineties." an entire decade. one of the greatest bull markets in history. and one of the greatest traders alive sat short through the whole thing because of a macro obsession. then Druckenmiller adds his own version: "the one rule i had for thirty years of trading was never let my obsession with the debt interfere with my trading. because it never had market impact." "and then i looked at the numbers and i threw out my playbook." two of the best macro traders ever, both admitting that the hardest part of their career has been separating what they believe should happen from what the market actually does. until the math finally forces you to act.

Paul Tudor Jones opens a fireside chat with Druckenmiller by admitting one of his biggest mistakes: "after the crash of '87, i was so worried about debt to GDP that it caused me to be short the stock market for the entire decade of the nineties." an entire decade. one of the greatest bull markets in history. and one of the greatest traders alive sat short through the whole thing because of a macro obsession. then Druckenmiller adds his own version: "the one rule i had for thirty years of trading was never let my obsession with the debt interfere with my trading. because it never had market impact." "and then i looked at the numbers and i threw out my playbook." two of the best macro traders ever, both admitting that the hardest part of their career has been separating what they believe should happen from what the market actually does. until the math finally forces you to act.

190,266 views • 8 days ago

this guy won a World Series of Poker bracelet, then became a quant at Susquehanna (a firm with over $500B in market making). here he breaks down the decision process behind every trade of theirs: incomplete information, time, and EV. this clip is worth 3 minutes of your day.

this guy won a World Series of Poker bracelet, then became a quant at Susquehanna (a firm with over $500B in market making). here he breaks down the decision process behind every trade of theirs: incomplete information, time, and EV. this clip is worth 3 minutes of your day.

556,835 views • 1 month ago

When Russia invaded Ukraine, BP, Shell, and Vitol ran from Russian oil. A 27-year-old trader ran toward it. Three years later, Christopher Eppinger made $250 million, owns a €7M villa on the French Riviera, and a private jet. The full story of how he did it below:

When Russia invaded Ukraine, BP, Shell, and Vitol ran from Russian oil. A 27-year-old trader ran toward it. Three years later, Christopher Eppinger made $250 million, owns a €7M villa on the French Riviera, and a private jet. The full story of how he did it below:

519,042 views • 1 month ago

Druckenmiller: 30% annualized returns. zero losing years from 1981 to 2010. his take on contrarianism: "it's overrated." "Soros used to say the crowd's right 80% of the time. you just can't be caught in the other 20%." "i don't care if a trade is crowded if the thesis is right and the trend is with me." most retail traders try to be contrarian on every trade. the best macro investor alive says stop doing that.

Druckenmiller: 30% annualized returns. zero losing years from 1981 to 2010. his take on contrarianism: "it's overrated." "Soros used to say the crowd's right 80% of the time. you just can't be caught in the other 20%." "i don't care if a trade is crowded if the thesis is right and the trend is with me." most retail traders try to be contrarian on every trade. the best macro investor alive says stop doing that.

289,948 views • 1 month ago

the greatest energy trader of all time on what being the best actually costs you: "i would sit there from six in the morning to 6 at night staring at the screen. go out with people from the industry that night. dream about the industry. in the shower in the morning i'd be thinking about it. after doing that for 17 years, at some point i just had to step back." nobody tells you this part. the people who become the best in the world at one thing are almost never the best at anything else while they're doing it.

the greatest energy trader of all time on what being the best actually costs you: "i would sit there from six in the morning to 6 at night staring at the screen. go out with people from the industry that night. dream about the industry. in the shower in the morning i'd be thinking about it. after doing that for 17 years, at some point i just had to step back." nobody tells you this part. the people who become the best in the world at one thing are almost never the best at anything else while they're doing it.

90,838 views • 12 days ago

Euan Sinclair. 27 years trading volatility. phd physicist. wrote the book on vol trading, literally, it's called Volatility Trading. on a coin that pays 51 heads / 49 tails: "over an infinite time period, you're going to make an infinite amount of money. but in any given flip, you're not going to know if you've won or lost." a 51% edge is a money machine across a million flips and visually indistinguishable from noise across 10. most of the strategies that get killed in month 1 weren't broken. the sample was just too small to see the signal. most of the ones that get scaled into ruin weren't real edges either. same problem, opposite direction. position sizing is the only thing that lets a real edge survive long enough to show up. "you can't let PNL of such a volatile process drive your theory behind your trades"

Euan Sinclair. 27 years trading volatility. phd physicist. wrote the book on vol trading, literally, it's called Volatility Trading. on a coin that pays 51 heads / 49 tails: "over an infinite time period, you're going to make an infinite amount of money. but in any given flip, you're not going to know if you've won or lost." a 51% edge is a money machine across a million flips and visually indistinguishable from noise across 10. most of the strategies that get killed in month 1 weren't broken. the sample was just too small to see the signal. most of the ones that get scaled into ruin weren't real edges either. same problem, opposite direction. position sizing is the only thing that lets a real edge survive long enough to show up. "you can't let PNL of such a volatile process drive your theory behind your trades"

34,710 views • 6 days ago

i come back to this clip of Jim Simons every few months. the man who built the most successful hedge fund in history sharing his guiding principles in life. 2 and a half minutes that will stick with you.

i come back to this clip of Jim Simons every few months. the man who built the most successful hedge fund in history sharing his guiding principles in life. 2 and a half minutes that will stick with you.

246,538 views • 1 month ago

Sir Chris Hohn bought Moody's at $50. sold at $100. thought he was clever. bought it back at $150. it's now $400-500. "the intrinsic value compounding matters more than the stock price." "the multiple matters less than the growth when you look at it over a longer period." "most investors are unwilling or unable to invest on a long-term time horizon because they think it's risky. which goes back to what Warren Buffett said when asked for the definition of risk: not knowing what you're doing." applies to trading strategies the same way. the edge that compounds for 5 years will always beat the flashy backtest that blows up after 6 months. patience is the moat most people can't build.

Sir Chris Hohn bought Moody's at $50. sold at $100. thought he was clever. bought it back at $150. it's now $400-500. "the intrinsic value compounding matters more than the stock price." "the multiple matters less than the growth when you look at it over a longer period." "most investors are unwilling or unable to invest on a long-term time horizon because they think it's risky. which goes back to what Warren Buffett said when asked for the definition of risk: not knowing what you're doing." applies to trading strategies the same way. the edge that compounds for 5 years will always beat the flashy backtest that blows up after 6 months. patience is the moat most people can't build.

83,773 views • 18 days ago

Agustin Lebron, former Jane Street trader, on a trait he looked for when hiring: "i would love to talk to the person who is the third best player in the world at some weird obscure chess variant." "that tells me they have the willingness to grind and get really good at something, not because there's a pot of gold, but because they find inherent enjoyment in it." they're motivated by the puzzle. the money is just the scoreboard.

Agustin Lebron, former Jane Street trader, on a trait he looked for when hiring: "i would love to talk to the person who is the third best player in the world at some weird obscure chess variant." "that tells me they have the willingness to grind and get really good at something, not because there's a pot of gold, but because they find inherent enjoyment in it." they're motivated by the puzzle. the money is just the scoreboard.

111,285 views • 27 days ago

in 2012, Knight Capital was one of the largest automated trading firms in the US. they had dead code that would lose money on every order, but it was never triggered because a config flag was never sent. then, they repurposed that config flag to save themselves a protocol version bump. they deployed the update across their servers, but an engineer missed one server. that failed server sent automated notification emails, which were ignored. market opens. they immediately start hemorrhaging money on every trade through the failed server. engineers identify the system as the culprit. they roll back, but they rolled back the wrong servers. the ones that were working fine. that multiplied the rate at which they were losing money. 45 minutes later: half a billion dollars gone. the firm ceased to exist. this is what people don't see when they think about automated trading. a lot of it is infrastructure, monitoring, alerts, etc.

in 2012, Knight Capital was one of the largest automated trading firms in the US. they had dead code that would lose money on every order, but it was never triggered because a config flag was never sent. then, they repurposed that config flag to save themselves a protocol version bump. they deployed the update across their servers, but an engineer missed one server. that failed server sent automated notification emails, which were ignored. market opens. they immediately start hemorrhaging money on every trade through the failed server. engineers identify the system as the culprit. they roll back, but they rolled back the wrong servers. the ones that were working fine. that multiplied the rate at which they were losing money. 45 minutes later: half a billion dollars gone. the firm ceased to exist. this is what people don't see when they think about automated trading. a lot of it is infrastructure, monitoring, alerts, etc.

78,140 views • 19 days ago

in 1985, someone filmed what it actually looked like to trade billions of dollars in currencies across London, New York, and Hong Kong in a single day. a 24-year-old in Hong Kong trading on pure instinct. a London dealer "bashing" the pound for profit. a New York speculator running 100% pure speculation for wealthy clients. this is one of the rarest trading documentaries ever made. bookmark it.

in 1985, someone filmed what it actually looked like to trade billions of dollars in currencies across London, New York, and Hong Kong in a single day. a 24-year-old in Hong Kong trading on pure instinct. a London dealer "bashing" the pound for profit. a New York speculator running 100% pure speculation for wealthy clients. this is one of the rarest trading documentaries ever made. bookmark it.

154,960 views • 1 month ago

A replay of the 30% crash on Silver

A replay of the 30% crash on Silver

523,129 views • 4 months ago

Dan Loeb started Third Point with $3 million. it's now $24 billion. when asked which books shaped how he invests, he named four, each one representing a different phase of his evolution as an investor: phase 1. event-driven deep value: "You Can Be a Stock Market Genius" by Joel Greenblatt. "most of the people i know in that world use that as their framework." spin-offs, privatizations, post-reorganization equities. buying things cheap that nobody else was doing the work on. ....

Dan Loeb started Third Point with $3 million. it's now $24 billion. when asked which books shaped how he invests, he named four, each one representing a different phase of his evolution as an investor: phase 1. event-driven deep value: "You Can Be a Stock Market Genius" by Joel Greenblatt. "most of the people i know in that world use that as their framework." spin-offs, privatizations, post-reorganization equities. buying things cheap that nobody else was doing the work on. ....

58,194 views • 16 days ago

Ken Griffin built Citadel into one of the most profitable hedge funds in history ($70B+ AUM). In this 30-second clip he explains exactly what separates professionals from everyone else: treating trading as a research business. Watch this. Then read the article below.

Ken Griffin built Citadel into one of the most profitable hedge funds in history ($70B+ AUM). In this 30-second clip he explains exactly what separates professionals from everyone else: treating trading as a research business. Watch this. Then read the article below.

205,500 views • 2 months ago

Bill Perkins made $1.1 billion trading energy markets. his fund was down 50%+ and his CFO told him to shut it down. his response: "the name of the game is to stay in the game. as long as you stay in the game, the returns will come." he stayed. 2022 became one of his best years ever. this is the part of trading nobody posts about. the years of chopping wood before the compounding kicks in.

Bill Perkins made $1.1 billion trading energy markets. his fund was down 50%+ and his CFO told him to shut it down. his response: "the name of the game is to stay in the game. as long as you stay in the game, the returns will come." he stayed. 2022 became one of his best years ever. this is the part of trading nobody posts about. the years of chopping wood before the compounding kicks in.

114,515 views • 1 month ago

How Stanley Druckenmiller (he managed over $12 billion in assets) looks at technical analysis:

How Stanley Druckenmiller (he managed over $12 billion in assets) looks at technical analysis:

689,207 views • 8 months ago

Jim Simons: "If you're going to trade using models, you just slavishly use the models. You do whatever the hell it says, no matter how smart or dumb you might think it is at that moment." The best trader in history said this in a 1 hour MIT talk that shaped my entire approach to trading. Bookmark it. Watch it. Then read the article below.

Jim Simons: "If you're going to trade using models, you just slavishly use the models. You do whatever the hell it says, no matter how smart or dumb you might think it is at that moment." The best trader in history said this in a 1 hour MIT talk that shaped my entire approach to trading. Bookmark it. Watch it. Then read the article below.

112,598 views • 1 month ago

Nassim Nicholas Taleb: "you should study risk taking, not risk management"

Nassim Nicholas Taleb: "you should study risk taking, not risk management"

215,693 views • 2 months ago