Listen "From Zero to Millions: How Traders Really Make Money | Enrico Mayor Podcast #7"
Episode Synopsis
Maxim Korystov — Founder of Europe's leading high frequency trading company. In this comprehensive podcast, Max, a pioneer in high-frequency trading, demystifies the intricate world of algorithmic trading and its far-reaching impact on financial markets, particularly cryptocurrencies.In this uncut conversation he tells Enrico:• High-frequency trading leverages algorithmic execution, operating at astonishing speeds to identify and capitalize on market opportunities unreachable by human traders.• Various strategies like arbitrage and market making exploit price discrepancies across exchanges, showcasing how traders can turn significant profits.• Speed and efficient data handling are essential for gaining a competitive edge in trading, especially as markets become increasingly dynamic.• As the financial landscape evolves post-FTX collapse, the shift towards decentralized exchanges is reshaping trust and practices in crypto trading.• Risk management strategies, including machine learning applications and setting loss limits based on historical data, are vital for successful high-frequency trading.00:00 - The Speed Revolution: Why High-Frequency Trading Matters01:11 - High-Frequency Trading Unleashed: Algorithms Over Manual Methods05:09 - Strategies in Action: Exploring High-Frequency Trading Techniques09:10 - First to Market: The Competitive Edge in Trading12:00 - Behind the Tech: Building High-Frequency Trading Systems13:15 - Crypto vs. Classic: A Tale of Hardware and Strategy15:00 - The Science of Speed: Models and Machine Learning in Trading17:00 - Making Sense of Frequencies: Data Signals and Market Predictions22:00 - Infrastructure Insights: Legacy Markets vs. Crypto Exchanges26:00 - Managing Risk in Crypto: Strategies for 24/7 Trading26:38 - Smart Risk Management: Setting Limits Through Backtesting27:40 - Learning from Crisis: FTX Experience and Quick Decision-Making30:00 - The Trust Shift: Rise of Decentralized Exchanges Post-FTX34:00 - Decoding Perpetual Futures: What Sets Them Apart in Crypto39:00 - Future Traders Unite: Seizing Opportunities in High-Frequency Trading39:55 - Blockchain Brilliance: Software Engineers in High-Frequency Trading40:18 - Getting Started: Centralized Exchange Trading Basics42:57 - Data-Driven Predictions: Machine Learning in Market Analysis46:14 - Crafting Strategies: The Data-Driven Approach in High-Frequency Trading49:17 - Chaos or Order? The Nature of Market Dynamics Explored53:36 - Merging Futures: The Integration of US Stock and Crypto Markets56:09 - Hidden Taxes? National Debt and Its Impact on Citizens1:01:15 - Controlling Inflation: The Role of Monetary Emission in Crypto1:03:12 - The Crypto Impact: What If the US Dollar Loses Its Value?1:03:52 - Money Evolution: Innovations in Trading and the Future Ahead🎧 Also available on Spotify, Apple Podcasts, and more.📍 Follow Enrico:Instagram – @enricomayorTikTok – @enricomayor💬 Drop your takeaway in the comments & don't forget to Like & Subscribe