The Work-From-Home Trader Who Shook Global Markets

Discussion in 'Trading' started by SunTrader, May 13, 2020.

  1. SunTrader

    SunTrader

    For the nonsense you posted because obviously others believe it as well.

    Link for what lol.
     
    #11     May 13, 2020
  2. maxinger

    maxinger

    Saros vs Machine,

    Saros wins !
     
    #12     May 13, 2020
  3. guowei58

    guowei58

    The size of trades mentioned in the book is ridiculous. Is he a good trader, or just someone without any risk management?
     
    #13     May 18, 2020
  4. What were you doing on August 4, 2011? Our erstwhile hero made $4,100,000 trading futures from his childhood bedroom.

    Bought and read this whole book and I am still not sure I get it. A bit more a crime tale than a trading tutorial.

    Was he a cheat? Or was it a necessary software bump to compete with high speed traders? And was he ALWAYS a scalper? A 1 - 3 hour hold on a trade is swing trading to me in futures.
     
    #14     May 18, 2020
  5. Apparently his broker “limited” him to a max of 2,000 contracts. OMG
     
    #15     May 18, 2020
  6. destriero

    destriero

    The ISV that wrote Sarao's front-end enabled Sarao to show size up to 50x his actual size.
     
    #16     May 18, 2020
  7. guowei58

    guowei58

    i'm talking about his actual trade size. still very large
     
    #17     May 19, 2020
  8. guowei58

    guowei58

    he should have made a lot more money with the size he was trading.
     
    #18     May 19, 2020
  9. He piled up $75,000,000 by his early 30s.
     
    #19     May 19, 2020
  10. SunTrader

    SunTrader

    Got the book end last week and read it over weekend. Worth the twenty or so dollars.

    Spoiler alert: Sarao wasn't presented as the sole cause of crash.
     
    #20     Dec 18, 2020