2 comments

[ 2.9 ms ] story [ 14.5 ms ] thread
When any kind of trading "works", meaning it generates alpha above and beyond the market, you won't hear about it. Why would anybody give away their secret sauce?
Some people talk. I've been watching some of Lance Breitstein's videos. He made $100m trading but got stressed by it and figured he has enough money so now is teaching and the like https://www.youtube.com/@TheOneLanceB

I think at the moment AI trading probably works a bit but the public stuff on youtube I've come across is terrible. On the other hand Quadrature Capital paid all their staff £2.8 million bonuses because they had so much money rolling in. Google's thing says they are a "secretive London-based, AI-driven quantitative proprietary trading firm".