Topic · Quant Trading
← All topicsDiscipline & Psychology
21 articles · 3 checkpoints · 12 deeper reads · 6 reference notes
On the roadmap:New in a Quant Job stage 7
Every article, in reading order
plant a flag as you finish eachRead these first
A good decision can lose money and a bad decision can make money, judging trades only by whether they worked teaches you the wrong lessons.
Writing down the thesis, size, and stop before a trade, not after, is the only reliable way to find out later whether your reasoning was actually good.
The trade that undoes a month usually isn't the first loss, it's the oversized, unplanned trade taken right after it, trying to get the money back immediately.
Then the rest