Kardex Trader argues the retail trading industry overcomplicates markets by treating basic concepts like supply-demand, selling OTM puts, and Sharpe ratios as advanced. He says real edges exist and are simple, but traders waste time chasing candlestick patterns instead. If elementary finance intimidates you, trading isn't for you.
Chapters
Trading should be simple. It shouldn't be complicated, bro. Trading industry is so fucked up that even when you present them the very basics of finance, everyone flips the fuck out. Red bubble, seller. Blue bubble, buyers. What's so complicated about that? Selling mispriced out-of-the-money puts. What's so hard about that? Buying companies that make more money than expected. What is complicated about that? Calculating a fucking Sharpe ratio. What's so hard About that, you know what's actually complicated, little bro? Finding an actual fucking edge in candlesticks. The narrative is completely flipped. You literally have structural edges that are so simple to exploit, and just because they do not involve a candlestick pattern, the entire retail trading industry just ignores them, blames them as it's too complicated. You gotta keep trading simple. Well, if a pair of bubbles or studying the basics of finance makes you scared, trading is not the job for you, kid.