Had dinner last night with partners of a 30+yr old securities firm that specializes in trading equities and derivatives for top quant funds and other HF’s.
I asked them if they had the expertise to explain how market makers effect prices and this is what I learned. 🧵
not the biggest fan of consecutive green days challenge. sometimes good setups don't get rewarded. any minor red begets desperation to get green, and any minor green discourages appropriate risk taking.
try consecutive green weeks challenge
Everyone has blown up an account or two. What’s important is that you take the time to learn from your mistakes and adapt. Everyone has been in your situation, but most importantly NEVER gave up. Don’t be too hard on yourself.. if you are dedicated to your craft you WILL succeed.