We all know how important risk and money management rules are for building successful trading methodologies. Getting the money management process right is as essential as getting market views right. In light of this, understanding and appreciating the profitability rule is essential for the success of various trading systems. One…

Imagine 200 students taking a test of 200 random true or false questions they know nothing about. Assuming they all answer randomly, one can conclude that their average distribution of scores will be 100. Now let us choose the top ten students with scores above 100. Let them retake a…

I have been bearish EURUSD for the most part of the year. There has been nothing positive about that part of the world, i.e., deteriorating economic fundamentals, a war that has triggered an energy crisis all over, terms of trade turning around as supply chains have gotten disrupted, and some…

Have you ever noticed the following seemingly weird patterns? Two soccer teams are equally strong, yet while playing a game, a higher percentage of the time, one group is in the lead instead of a drawn score. More often than not, one team or the other which takes the lead…

A deep dive into stablecoins The Terra Luna episode was sad. It led to massive wealth destruction, thus killing market confidence in a sector promising innovation at various levels. And ultimately, market participants agreed that the concept of algorithmic stablecoins was ponzinomics working at its best. The community has generally agreed to play it safe…

On-chain and off-chain economies In this piece, I want to present some of my visualizations of how web 3.0 and global economies could interact in the future. First, let’s understand how a typical (off-chain) economy works in simple language. Goods and services are produced using labor and capital. Value is…

Lol what? what kind of a ridiculous designation is that? Well, not really. The world is evolving much faster than some of us can even comprehend. Web 3.0, digital assets, NFTs have quickly gathered attention and we are just a few years away from every corporate having a dedicated digital…

I have been a tradfi professional (never thought I would introduce myself this way, but never mind..) observing crypto as an asset class for last 3–4 years and the way it has evolved, has literally blown my mind. A lot has been said in this space. And rightly so. Crypto…