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macrocephalopod's profile
macrocephalopod
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@macrocephalopod

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macrocephalopod

@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

Joined December 2020

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    macrocephalopod‏ @macrocephalopod Feb 20

    macrocephalopod Retweeted Van Tharp

    I’m sure all my followers know, but this is a ridiculously limited view of a “trading system”. The kind of thing that could only be dreamed up by someone who thinks that technical analysis is the be-all and end-all of trading.https://twitter.com/vantharp/status/1495080744292687873 …

    macrocephalopod added,

    Van Tharp @vantharp
    A trading system consists of eight parts: market filter, set up conditions, entry signal, worst-case stop loss, re-entry (when it is appropriate), profit-taking exits, positon sizing algorithm, and multiple systems for different market conditions.
    12:34 AM - 20 Feb 2022
    • 1 Retweet
    • 131 Likes
    • alex steezy James Lin 🇺🇸 🇹🇼 🇺🇦 ConvexityCap Keone 🦬 Faris sleepy 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐇𝐲𝐩𝐞 kehaaaaaar
    21 replies 1 retweet 131 likes
      1. José‏ @jose34730 Feb 20
        Replying to @macrocephalopod

        No MEV? Ngmi.

        0 replies 0 retweets 2 likes
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      1. mgnr‏ @mgnr_io Feb 20
        Replying to @macrocephalopod

        they're booleans market filter: false set up conditions: false stop-loss: false ...

        0 replies 0 retweets 28 likes
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      1. galleon group summer analyst‏ @SPYstraddles Feb 20
        Replying to @macrocephalopod

        "professional trading coach" lmao

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. LSF‏ @lightspringfox Feb 20
        Replying to @macrocephalopod

        Re-entry is crucial I’ll give him that, that’s why firms hire physics phdspic.twitter.com/uB8QtUXw8I

        1 reply 0 retweets 24 likes
      3. Ajet‏ @ajetluka Feb 20
        Replying to @lightspringfox @macrocephalopod

        Ser I've played so much kerbal space program... can confirm

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Akul‏ @AkulBansal1 Feb 20
        Replying to @macrocephalopod

        Akul Retweeted Moritz Seibert

        Here's an even simpler version. What do you think about this?https://twitter.com/moritzseibert/status/1495168584590446594?s=20&t=RbJpbmlkFDsjxCwJ2K4l6A …

        Akul added,

        Moritz Seibert @moritzseibert
        Replying to @vantharp
        Mine has three parts and it works. Entry, stop loss, exit. Why more?
        0 replies 0 retweets 1 like
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      1. Flaky Puff (Secretly Chinese)‏ @DecadentPuff Feb 20
        Replying to @macrocephalopod

        what the hell is a trading coach

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Noah Kreutter‏ @noahkreutter Feb 20
        Replying to @macrocephalopod

        The parts you actually need: 1) get a theo from the current state of the market 2) quote and hit around the theo for credit 3) adjust your theo based on your position 4) for extra credit, try to guess what your market theo will be 5 minutes in the future and trade using that

        1 reply 0 retweets 10 likes
      3. VWAP Enthusiast‏ @sentientETF Feb 20
        Replying to @noahkreutter @macrocephalopod

        reality: 1) calculate theo/fair value 2) turn on system 3) panic as flow is one directional and you put on positions 4) turn 5 minute projections into 24 hr projections and rebrand as stat arb. Extend projections until sufficient copium is achieved

        0 replies 0 retweets 9 likes
      4. End of conversation
      1. New conversation
      2. JB‏ @be20684347 Feb 20
        Replying to @macrocephalopod

        Eh some pretty fabulous trading systems ultimately consist of two things 1's and 0's.

        1 reply 0 retweets 8 likes
      3. macrocephalopod‏ @macrocephalopod Feb 20
        Replying to @be20684347

        Beep boop.

        1 reply 0 retweets 6 likes
      4. Show replies

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