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.