Ethan Tong

quant trader

[Ethan Tong @ethan_tng]

scalping seems so attractive to people who want quick reward and quick money, but it is actually the hardest way to profit from the market and build your wealth consistently. just my opinion tho

[Ethan Tong @ethan_tng]

the best decision that I made for my trading is to stop getting so obsessed with intraday price actions. I just hold my positions for the whole day or even swing it for a few days. less headache and easier to automate.

[Ethan Tong @ethan_tng]

after months of trading research and hundreds of thousands of profit from my fully automated quant trading system, the most powerful takeaway that I got is:
"Event frequency measures statistical power, not strategy quality."

[Ethan Tong @ethan_tng]

2 months was the fastest that I got to $100k in profit.
trading became a whole different game once I switched from discretionary trading to quant/systematic trading.
I no longer place manual trades. 90% of my time now goes to research work, and 10% goes to trade monitoring.

[Ethan Tong @ethan_tng]

highlights in June with my quant trading system.
I basically just hold from open to close and make sure I win more than 50% consistently.
the research process is grueling but the execution is pretty straightforward
#daytrading #trading

[Ethan Tong @ethan_tng]

@343dota @OGesports keep up the good work coach!!!

[Ethan Tong @ethan_tng]

@AmeetRai_ @TheMattDiamond

[Ethan Tong @ethan_tng]

@OGesports wisper is too inconsistent

[Ethan Tong @ethan_tng]

@OGesports im so glad for DM that he escaped misha noob and OG

[Ethan Tong @ethan_tng]

@SneykingGaming you have a solid argument but with zero empathy. if you notice, this is frown upon because of the sociopathic delivery. I think the community is super okay with PGL modifying the rules live until the rules are mature, as long as the competition remains fair for all teams

[Ethan Tong @ethan_tng]

@OGesports @EntityDota lost to DM again lol

[Ethan Tong @ethan_tng]

@TheOneLanceB @UmarAshraf hello furu making money from TradeZilla subs

[Ethan Tong @ethan_tng]

@OGesports @teamsecret Useless coach and shitty drafts. Falcons and Ammar got qualified by the way lololol

[Ethan Tong @ethan_tng]

@OGesports They deserve to be at TI. They are crushing teams at TI easily. Man, DM was so trashy

[Ethan Tong @ethan_tng]

@OGesports @NigmaMC This team is so damn good. I feel so bad that they are not at TI just bc of noob DM

[Ethan Tong @ethan_tng]

@OGesports @Team__Spirit OG is looking so much better with MC tho. Wp

[Ethan Tong @ethan_tng]

@OGesports I just really liked how the team was built around Ammar, and how he drafted for the team. He had so much potential, and I think he's even a better player now. I don't know if it's an ego thing not to take Ammar back here but I hope you will after this.

[Ethan Tong @ethan_tng]

@OGesports When will DM be replaced by Ammar?

[Ethan Tong @ethan_tng]

@OGesports DM 🫠

[Ethan Tong @ethan_tng]

@RxgerFederer @OGesports Desparate optimism