prajith

Trader | Options | Ex - Dell | Travel the World | Cycling | Algo

[Ethan Kho @ethanrkho]

Ex-Goldman Oil Derivatives Trader Simran Singh (@0xturbanurban) on the day oil went to -$37.63, why every trading strategy is momentum or mean reversion, & losing $3.12M in a single day.

Simran Singh (Goldman Sachs oil derivatives trader, on the desk when WTI went negative | GSR Head of DeFi Trading | Now CEO & co-founder of @MonacoTrading)

"You can't touch an interest rate curve, but you can smell a barrel of oil."

We cover:
- Pricing oil options at 300-400% vol the day WTI went negative
- How Goldman's oil desk monetizes client flow (80-85% was producers hedging)
- How producer hedges turned a market-risk problem into a credit problem in 2020
- Why market making is really a bet on mean reversion
- The perp funding trade: anyone can do it, very few can do it in size (15% carry even on the CME)
- "My size your price, or your size my price"
- Who's printing money right now: OTC hedging in power, compute & AI
- Why there's no venue to trade electricity, and how Monaco wants to fix that

Highlights:
00:00 Intro
00:58 The day oil went negative: April 2020
06:07 How Goldman oil traders monetize client flow
18:30 Every strategy is momentum or mean reversion
22:53 Goldman to GSR
28:26 The perp funding trade
34:48 Sell-side to buy-side
42:27 The AI complex & agentic trading
48:21 The Monaco Exchange thesis
53:13 Decentralizing futures listings

[Aria Westcott @AriaWestcott]

I asked ChatGPT to apply for hundreds of jobs for me.

I went to sleep and woke up to 12 interview calls within 24 hours.

Here are the 5 prompts I used:

[HaseebBadar_Stocks @hb_stocks]

THINGS TO DO IF YOU HIT A MASSIVE WINNING TRADE ALL OF A SUDDEN.

MACHIAVELLI'S RUTHLESS RULES FOR PROTECTING NEW PROFIT 👇

[Aria Westcott @AriaWestcott]

ChatGPT remembers more about you than you think.

Your goals. Your habits. The way you work.

Here are 7 prompts to see what it knows about you:

[CA Vivek Khatri @CaVivekkhatri]

Bet you can't watch 5 minutes of this without having a trading breakthrough. - MUST BOOKMARK

Mark Douglas gives a 2-hour masterclass on Trading Psychology.

Watch this instead of Netflix over weekend.

[HaseebBadar_Stocks @hb_stocks]

HABITS I STOLE FROM CONSISTENTLY PROFITABLE TRADERS:

1. The One-Chart Rule 👇

[Rohit @HeyRohhit]

Steve Jobs literally predicted the iPhone, the Internet, AI and the next 50 years of technology in a single speech from 1983:

[Brad Goh (The Trading Geek) @Bradgohtrades]

The biggest reason traders lose money is believing their prediction has to happen.

You think price is going up, so you look for evidence that price is going up and ignore what the market is telling you.

This is why I tell all my students to follow a mechanical strategy. If this happens, I do this. If that happens, I do nothing.

You must know what you'll do regardless of what price does.

[Amit @HeyAmit_]

You can make $600 per day if you have:

1. A laptop
2. Wi-Fi
3. Time

Here are 12 websites that pay you daily:

[Porinju Veliyath @porinju]

Cost to Retire Comfortably.

[dave @iam_d4vid]

The legendary trader Mark Douglas explains how to fix your trading psychology in three easy steps

[Sujit Bangar @sujit_bangar]

Martin, an NRI, sold a land in India for ₹1.62 crore.

RBI levied a ₹41 lakh penalty on him. Delhi HC upheld it.

Because of these mistakes: 🧵👇

[Arti Shah @TechByArti]

IF YOU DIED TOMORROW, YOUR FAMILY WOULDN'T BE ABLE TO ACCESS A SINGLE THING YOU OWN DIGITALLY.

BANK ACCOUNTS. PASSWORDS. CLOUD STORAGE. ALL OF IT PERMANENTLY LOCKED AWAY.

HERE'S HOW TO FIX IT IN 30 MINUTES:

[Nimblr @Deishma]

Let NSE build your FnO watchlist before 9:15 AM.

I prefer starting here:

NSE → Market Data → Derivatives Market
→ Pre-Open Market → Equity Derivatives

Bookmark this and try it tomorrow morning.

Around 9:07 AM:

→ Sort by Change % / Change (Pts)
→ Focus on the top 3 - 5 FnO stocks
→ Note where the strongest pre-open activity is

Now here’s the important part:
Gap up ≠ Buy.

Preopen data tells you WHERE to look.
Price action tells you WHEN to trade.

#nse #optionstrading #stockmarketindia

[Nimblr @Deishma]

NSE Website Trick: Find where momentum is building

Bookmark this!

Want to know where price movement is being supported by changes in Open Interest?

You can check it directly on the NSE website.

NSE → Market Data → Change in Open Interest

Now observe these 2 combinations:

1️⃣ Price ↑ + OI ↓ = Short Covering

Existing short positions may be getting closed while the price moves higher.

This can sometimes lead to sharp upward momentum as shorts exit.

2️⃣ Price ↑ + OI ↑ = Long Build-Up

Price is rising AND new positions are being added.

This can indicate fresh participation alongside price strength.

When to check?

I prefer checking this after market hours for study.

⚠️ You’ll find many Index Options in the list.
If you’re studying individual stocks, filter/focus on stock derivatives.

You’ll find this data on many platform

But why not learn to check it directly from the NSE itself?

This is a market data observation tool, not a Buy/Sell recommendation.

#optionstrading #trading

[Moni Ai @MoniAi217872]

🚨 Most people never unlock Claude's real potential.

They open Claude...

Ask a few basic questions...

Get average answers...

Then decide:

"Claude isn't that good."

The problem isn't Claude.

It's knowing how to use it effectively.

[Riley Coleman @RileyColemanT]

The stock market has created more millionaires than anything else.

Sadly, 99% of people only know one way to make money from it...

Here are the 8 most profitable ways:

1. Options Trading

[Gaur Gopal Das @gaurgopald]

Most fathers don’t do anything unusual.

They simply do what fathers are meant to do.

They show up.

In the stands, at the dinner table, during difficult conversations, through failures, celebrations, worries, and dreams.

They may not always have the perfect words.They may not always get everything right.But their quiet presence often becomes the foundation on which a child builds confidence, courage, and security.

Sometimes, the greatest thing a father can do is simply be there.

And that is no small thing ❤️

Wishing all fathers and fatherly figures out there a very Happy Father’s Day. M

#FathersDay #ThankYouDad #UnsungHero #ForeverGrateful #Father #EnergizeYourMind #YouCanHaveItAll #LifesAmazingSecrets #TheWayOfTheMonk #Monkify #MonkifyYourLife

P.S. Father's Day isn't easy for everyone.

If this day brings up pain, loss, or difficult memories, your feelings are valid too.

Wishing you peace, healing, and kindness toward yourself today ❤️

[Nainsi Dwivedi @NainsiDwiv50980]

Anthropic just accidentally made every AI course on the internet worthless.

A free 24-minute video. No signup. No paywall.

Taught by the people who literally wrote the code Claude runs on.

I watched it twice.

The part at 8:12 alone is worth more than any $300 course I've bought.

Most people will scroll past this. The ones who don't will have an unfair advantage for the next 2 years.

Bookmark before it disappears 👇