David Hale

Professional trader/coach/writer. 25 years in equities, crypto, options. Author of Cash Rules: Reminiscences of a Day Trader.

[David Hale @CREAMtrader]

Getting asked if this is real

100% real! My tale, the insights learned, and an introduction to the world of glitch trading, are all included in my book, Cash Rules: Reminiscences of a Day Trader

Found at all fine booksellers (actually just on Amazon)

https://t.co/etofycUirc

[David Hale @CREAMtrader]

The life of a trader:

Age

25 - Making more money than I ever imagined. Dream house on lake in Texas

35 - Dead broke. Living with mother-in-law in apartment in rural Poland

38 - Owner of prop firm

40 - Dead broke. Homeless. Working $10/hour job

42 - Most profitable year of my career

- Two divorces, alcohol/drug issues, burnout, gout in my twenties, countless sleepless nights, untold pressure/stress/anxiety….

Two amazing daughters, traveled and lived all over world, traded with some amazing traders and on some great trading floors, freedom, independence, fulfilled every material goal I had (by mid twenties)…

And although this oftentimes cruel world has left me with plenty of bumps and bruises, I wake up everyday excited to see what new challenge the markets will provide, and would have to say:

I love this job of mine!

[David Hale @CREAMtrader]

Spent 25 years avoiding automation. Two weeks with Claude changed that.

It can build the strategy. Backtest it. Automate it.

What it cannot do is find the edge. That's still entirely human — and and still the hardest part of the game

New free post — link in bio.

[ZeroToTom @zerototom]

If you’re trading with 20k or less (region dependent), get into matched betting.👇
(arbitrage maxxing)

>Sign up to bookies for the free bet bonuses
>Place the qualifying bet
>Then instantly hedge (lay) it on an exchange like Betfair.
Risk-free profit.

In the UK alone you can make around 2k just from sign-up offers, that’s already a +10% on a 20k portfolio with almost zero market risk.

I would then pivot to taking advantage of the constant arbs between bookmakers and prediction markets like @Polymarket.

You can easily vibe code a scraper dashboard that pulls odds in real-time and flags edges (no need for the newer, more expensive models, older models are good enough for this).

The edge is small enough that whales don’t bother, so it’s actually sustainable. Perfect way to compound your stack before you go heavier into carry trades and yield farming.

Solid low-risk way to build while you learn.

To get started just google search Match Betting followed by your countries name to see if viable.

[David Hale @CREAMtrader]

@TheStalwart Huge Odd Lots fan and Austin native in Madrid next week. Be great to meet up

[David Hale @CREAMtrader]

@mrmrmoneyman @edu_trades @TheShortBear @sanglucci @TheOneLanceB Lucky part of being elite

[David Hale @CREAMtrader]

Tough for me to look at this $CAR chart and think that the play was to try and short the top. But some genuinely elite traders pulled it off yesterday — @edu_trades, @TheShortBear, @sanglucci, @TheOneLanceB among them. Well played. Sincere congrats.

BUT — serious warning to the vast majority of traders:
Stay the hell away from trying to short the top of parabolic runners like this.

These guys I mentioned are elite-level players with the experience, skills, and bankroll to navigate this dangerous trade. Extreme volatility, massive spreads, and razor thin liquidity = one misstep and you’re toast. I know for fact this exact setup has already wiped out huge chunks (or entire accounts) of many good traders in the last couple weeks — they weren't around to catch that envitable fade

Only attempt this setup if you have serious experience, a massive account buffer, and it’s already one of your core strategies. Otherwise you’re a trainee pilot strapping into an F-18 cockpit and attempting a highly technical maneuver — you will crash and burn.

[David Hale @CREAMtrader]

@TheOneLanceB @edu_trades @TheShortBear @sanglucci Big worry is that Gurus pushing this trade in chatrooms. Like handing loaded gun to child

[David Hale @CREAMtrader]

@TheOneLanceB @edu_trades @TheShortBear @sanglucci Video be good. Not my game, but know many good traders have strategy built around this play. the most important thing to emphasize imo, is that this trade has to be in a structured strategy

[David Hale @CREAMtrader]

@bridavigo @edu_trades @TheShortBear @sanglucci @TheOneLanceB Sorry to hear that. Unfortunately many more in your shoes. Such dangerous game, and why I don’t play it. one misstep and you cooked

[David Hale @CREAMtrader]

@edu_trades Congrats brother. Def got more nerves than me. Just looking at that spread made me want to shit myself!
Know this is your play too, and def got skills to pull that off

[David Hale @CREAMtrader]

Got into trading chasing that Wolf of Wall Street vibe-killa trader energy. Only to find the whole biz had been hijacked by computer nerds and math quants

So refreshing to know my kind of idol still exists — and absolutely thrives. Nothing like listening to @ScottPh77711570

[Temu Robot James @ScottPh77711570]

I want to thank @ethanrkho for having me on. One of the most impressive young people I've met in a long time

Shout out to a few people mentioned in the pod @AgustinLebron3 @therobotjames @moreproteinbars @__paleologo

[David Hale @CREAMtrader]

@ScottPh77711570 Perfect for revenge trading chapter

[David Hale @CREAMtrader]

@colourvoidwhere @larpcapitalwc Appreciate it. That pure poetry

[David Hale @CREAMtrader]

@fan_fintwit ATLiens superior

[David Hale @CREAMtrader]

@ScottPh77711570 @SinclairEuan y, two legends. Know you modest bloke, but I put you in that category. I devour any interview and content of yours

[David Hale @CREAMtrader]

I judge a trader not on their P&L, but on their level of devotion to @SinclairEuan

[Erik - Outlier Trading @_OutlierTrading]

latest episode of The Outlier Podcast is LIVE featuring Euan Sinclair. we explored the X argument between quants and retail and his perspective.

https://t.co/cRsuinuSdH

[David Hale @CREAMtrader]

@peterkto Great stuff as always

[David Hale @CREAMtrader]

@larpcapitalwc @SmallCapSmarts Quickly! Just listened to host try and figure out what a parlay was for over a minute

[David Hale @CREAMtrader]

@SmallCapSmarts @larpcapitalwc need your pod back, these guys are killin me

[David Hale @CREAMtrader]

@SmallCapSmarts Nice listen. tho the host kills me, one question of his “as market market you consider yourself truthseeker or liquidity provider?”