OK ?

Documenting The Struggle

Journey to HFT ? ? ?

[yugo @yugoviking]

DEX suggestions

I've been a trader since 2014, fulltime since 2019, at tradfi first and now crypto

These are my suggestions to @HyperliquidX @chameleon_jeff @xulian_hl @kaiynne @infinex and anyone who wants to compete in this space

Hyperliquid is by far the leader in the space, so any competitor would have to match that at minimum.

- List more coins. You lack 1 coin someone wants, and they might move to another site just to buy it.

- Add a Depth Of Market clicktrader or the option to add it. Make it super simple and quick to buy and sell while visualizing existing orders. I would pay subscription to have this.

You write a size, or click preset buttons for sizes, and each time you click on a price in the DOM it places limit orders at the size you have set and price you click. Your orders show up in the DOM! You click on the orders to remove them.

- Build incredible portfolio tracker, PnL chart etc. Most sites on crypto suck at this.

- Show small discreet buy and sell dots accurately at the price and time in the charts, with ability to show/hide them. Can't believe no cex or dex does this well.

- Any added edge to a trader makes for a loyal user base. Any rekt trader is a lost customer. Data visualization, window of tickers where current volume and volatility is, ticker relevant news on the site depending on what ticker you look at. Good chart that is always up to date, doesnt need manual refresh every now and then like hyperliquid currently does

- Flash news is a service you can charge a pricey subscription for, and employ fulltime people to write. If you become the fastest/best, it's a huge reason to stick to your dex.

- Options are the future of trading. Spot is 1D. Perps are 2D. Options are 3D. Despite 0 users now, in a few years most sharps and whales will be options traders. Bring it onchain.

- Allow people to customize their trading page. The size of chart, the height of DOM. Having 3 charts open at once. Having several orderbooks or DOMs open. Offer it as a paid feature. Free for >x volume users or >x hype staked.

- obv low fees, liquidity, uptime and good security is the main way to compete

[beaver quant @idro___]

A thread on how I pick my perp/perp funding arbs (ft. my freshly vibe-coded Streamlit dashboard)

If you’ve got any thoughts on this, hit me up in DMs or just reply, always down to collab/learn.

[Goshawk Trades @GoshawkTrades]

The most expensive form of self-sabotage:

Emotional decision-making.

It's why you can't stay profitable, execute consistently, or handle drawdowns.

The 6 hard truths from Jim Simons that shattered my obsession with "traditional trading":

[Ninja Quant @ninjaquant_]

Crypto is a good place for solo traders and small teams to get started and get some PnL. Data is cheap and it’s very easy and fast to get something up and running.

Big shops don’t have much presence in crypto because it’s just not worth the time and headache, liquidity is shallow plus potential exchange and getting hacked risk.

[Horse @TheFlowHorse]

This guy @anthdm has done it. This is the closest thing to CryptoWatch and uhhh not to step on toes....Actually better.

Like CW if it took steroids and had footprints and heatmaps, and it is extremely f*cking light. I think I just found my new dashboard. He has added a ton of pairs already.

[Bear Market Research @BMRGlobal]

I’m getting a ton of messages from struggling traders during these volatile conditions and put together a brief checklist of things that may help.

1. Stop trading 1 market or instrument -

If you want to consistently make money you are going to have to follow the action and/or edge. Test as many markets as possible. Pros aren’t looking at one thing.

2. Stop scaling in, scaling out and adjusting position sizes -

IMO that is the hardest skill to master and if you aren’t consistent you shouldn’t be trying it. You are adding way too many variables that are likely giving you false positives/negatives. Extremely difficult to make definitive conclusions on your strategy.

3. Have an honest conversation with yourself -

If your strategy just quit working it likely it wasn’t viable in the first place. There wasn’t an edge. (Possible it was volatility specific but likely not). Can’t tell you how many times I had to look myself in the mirror and admit I don’t know what the hell am doing.

4. You MUST expand your playbook -

I’m certainly not saying strategy hop however you must have different setups for different market conditions. If you are a master of trading choppy markets you are screwed in markets like this. Conversely if you are a trend trader you are screwed once the volatility drops.

5. Practice Execution -

The number one skill you can have is execution. Be a wizard entering and exiting trades. Go balls deep in trading price action. Learn to scalp first then build out from there. This will force you to become incredible at executing.

[OK ? @OutrightPunter]

wow this is so true

[David Hale @CREAMtrader]

Don't know ONE trader who made it because they took a course, read a book, or paid for a chat room

EVERY successful trader I know made it because they started at a legit prop firm or found a way to surround themselves with top traders

Environment is the ultimate edge!

[OK ? @OutrightPunter]

Intrinsic Value - the value of current vs strike price
Extrinsic Value - time premium ie the chance price will move to ITM due to time

things that affect Extrinsic , distance to ATM , Time and volatility

#OptionsTrading #options

[OK ? @OutrightPunter]

Day 17 : Trying to be Smart

Akuna Options 101

Time Premium

In the money (ITM) - option value has intrinsic and extrinsic value
Out the money (OTM) - only extrinsic Value

[OK ? @OutrightPunter]

#Options #OptionsTrading #learning @AkunaCapital

[OK ? @OutrightPunter]

Day 16 : Trying to be Smart

Akuna Options 101

more payoff Diagrams

Now we look at the more advance Call and Put Flies

[OK ? @OutrightPunter]

We are trying to capture the mean reversion qualities of the fly and can be though of sell the outer deviations to close at the mean and the best way to illustrate this is but simply thinking of the normal distribution diagram

[OK ? @OutrightPunter]

simple concepts but important and can be a regular in options interview questions

#OptionsTrading @AkunaCapital

[OK ? @OutrightPunter]

Day 15 : Trying to be Smart

Akuna Options 101

We Began work with different payoff Diagrams

[OK ? @OutrightPunter]

and finally the Put spread