Zhapy

Quant researcher | PhD student, stochastic processes

[Zhapy @zhapy125]

Hard to believe that 26 months ago I’d lost everything chasing shitcoins.

Just closed this month with $100k in HFT/MM profits and the stock portfolio is at $300k. From $0 to $500k by actually treating this like a business.

Stop gambling, start building anon

[Zhapy @zhapy125]

@BeatzXBT stink bidding maxxing

[Zhapy @zhapy125]

This is a video of the first version of my MM, from 2024. It took blood, sweat and tears to build. It was done in Python, before AI was good at coding, and it wasn’t profitable at all.

It’s been a long journey since then, but this is a reminder that you can just do things.

[Zhapy @zhapy125]

@ilduxkfun ogs will know

[Zhapy @zhapy125]

My setup at the time was having the MM running on my left screen, while the second screen was for watching TradingLite, reading papers and coding.

Still, it helps a lot to keep watching your algo. That’s how you gain intuition for it and find ways to improve it.

[Zhapy @zhapy125]

This is a video of the first version of my MM, from 2024. It took blood, sweat and tears to build. It was done in Python, before AI was good at coding, and it wasn’t profitable at all.

It’s been a long journey since then, but this is a reminder that you can just do things.

[Zhapy @zhapy125]

@useTapeFlow My pricing models said the puts were underpriced, so I bought them. I use math from my PhD to find mispricing, and I trade options because that’s where the models give me an edge.

[Zhapy @zhapy125]

Days like this are when many years of research and hard work pay off. Never stop grinding, and you’ll find an edge even in the most efficient markets in the world.

[Zhapy @zhapy125]

@useTapeFlow @snazzors If you want to mm with a small capital you gotta do it in a DEX or small CEX. It was pure mm (no hedging at that time), and some latency based taker strategies.

[Zhapy @zhapy125]

Hard to believe that 26 months ago I’d lost everything chasing shitcoins.

Just closed this month with $100k in HFT/MM profits and the stock portfolio is at $300k. From $0 to $500k by actually treating this like a business.

Stop gambling, start building anon

[Zhapy @zhapy125]

@BeatzXBT the big boss 🫡

[Zhapy @zhapy125]

@ilduxkfun Mostly the second one. A put spread finances itself by selling the lower strike, and that’s where skew is richest. So you’re paying up in the wing and then capping the exact payoff you wanted it for.

[Zhapy @zhapy125]

@Cbb0fe thats my quant 🔥

[res @resentxbt]

@rawkombucharoy you cant even hate on people trying to improve their lives

[Zhapy @zhapy125]

fucking love trading on Decibel $MU

[Zhapy @zhapy125]

long APT here?

[Zhapy @zhapy125]

thanks jensen

[Zhapy @zhapy125]

@snazzors HFT arbitrage and market making in places where no one wants to be

[Zhapy @zhapy125]

@snazzors I started market making with ~2k and was able to grow it from there. Market making consumes almost all of my time but it was 50% of profits this month

[Zhapy @zhapy125]

@jaadasss the 300k yeah, stocks and options trading

[Zhapy @zhapy125]

Whenever someone asks you why you use so much leverage, just tell them what a very wise man once told me: "its not risky to trust yourself"

[BeatzXBT @BeatzXBT]

ive been slacking on my open source contributions for the past year or so, perhaps this will help me catch up: https://t.co/nelXoqbUmJ

hope you find it useful!