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Show HN: Ideate a trading strategy with an Ex-Citadel Trader

5 hours ago
  • #risk-management
  • #market-making
  • #trading-strategy
  • The author worked as a market maker in single-stock options at Citadel Securities for four years, managing risk in Indian and Hong Kong markets.
  • They traded semi-systematically, relying on models and algorithms while making decisions on when to trust them.
  • They automated the trading desk to increase coverage and wrote a detailed manual for other traders.
  • The goal is to help independent traders build robust strategies by understanding the market-making perspective, focusing on edge, position sizing, and feasibility.
  • Key considerations include verifying if an edge is real, determining position size based on edge versus variance, and ensuring the edge can be captured after costs and execution.
  • The offer includes collaborating on trade ideas to produce a strategy report with clear next steps for profitable trading.