Which game should you play?

The last two days I’ve talked about the two types of trading games you can play…

Risk premia games

And Alpha games

(get up to speed if you are coming in late)

What might not be obvious is how VERY different those games are…

And what also might not be obvious… where does drawing lines on charts and reading indicators fit into this?

It’s critical to know, right?

If you don’t even know the game you are playing… the cats in the back room of the RSPCA getting the green dream have better odds than you.

It’s like this.

A $20 note dropped outside a busy bar on a Saturday night is alpha.

First to find the alpha gets it.

The very act of picking that $20 up means there isn’t any point for anyone else looking for it.

This is like HFT, market making, relative value trading, mean reversion trading, pairs trading, stat-arb, most quant stuff.

Now, imagine a very different game.

You are driving down the freeway and you see another $20 note.

You aren’t the only person who knows that $20 exists.

About a hundred people a minute see it.

But getting that $20 is gonna be a mission.

You have to find a place to pull over.

Cross 2 lanes of frogger-level traffic.

Walk back for 10 minutes…

Then find the actual $20 note.

And reverse the whole process.

Lot of work, right? 

Sucks ass. 

How many people do you really think have enough spare fucks to do all that? 

How long do you think THAT $20 is gonna last, compared to the $20 outside the crowded bar on Saturday night?

Here’s the thing. 

Risk premia games are EASIER TO WIN by far.

You don’t have to be a ninja high frequency killer trader.

You don’t have to worry too much that your edge is gonna disappear.

But your edges suck, comparatively.

Here’s your choice, then.

Sucky things that have a high chance of winning, or hyper-competitive games that anyone smarter than you can take your profit away.

Which should you play?

It’s my opinion that if you are running a trading business and not being a degenerate gambler you ought to base most of your business on a “stonkingly obvious and easy to monetize use case”.

And the two best risk premia games are Trend and Carry.

Our Trend system… no surprise for guessing it works on trend.

And our Crypto Salary System works on Carry (mostly, with a sprinkling of alpha on top)

But why not back ourselves to go earn some alpha, and beat the rest of the contenders in the 1000 way deathmatch?

If we were trading old man stonks then yeah, that’s what we’d have to do.

But crypto is so new that the risk premia games pay out more than enough.

How much more…Compare our fully automated strategy to Bit-corn (yellow)

And for those of you who can read 

Those AREN’T rookie numbers.

And we aren’t doing anything super-crazy, either.

The same boring bullshit that cranks out 13% every year in the old-man markets makes over 100% in these new ones.

Which makes perfect sense if you think about it.

More risk = more return.

So if you want to join us for the beta test GET YOUR PLACE HERE

And tomorrow I’ll move on beyond the two types of trading games to the two types of risk profiles..

It’s interesting stuff, compulsory to know

So watch for the email

Scott