Matteo Conti, a former European bank trader who generated €30 million, says retail traders should mine SSRN for institutional trading ideas. He ran over 400 strategies at once and stresses three essentials: a reason to enter, a defined exit, and live position tracking. VWAP algorithms amplify directional moves.
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I made more than 30 million euros for the bank. 90% of institutional traders were going like in one place to get their trading strategies ideas. The place, guys, is the Social Science Research Network. And I want you guys that you steal this, like steal as much as you can because this one was something that really impressed me when I started.
He traded over 15 billion dollars in total volume at one of Europe's largest banks. Introducing the one and only Matteo Conti.
Dan is an industry.
paper called VWAP: The Holy Grail of Day Trading Systems.
The fact that the vast majority of institutional traders are using this type of algo amplifies these directional moves.
While trading at the banks, Matteo ran over 400+ strategies at one time. And in this episode, he reveals the exact place that institutions find their edges.
And this is, in a nutshell, the big difference between retail and institutional trading. What is the pipeline every single institutional traders follow? Every single trading strategy needs to have these 3 boxes filled. So you need to know why you're opening, you need to know where to close, and a 3rd condition is having live track.
These exact edges and strategies have been used to get consistent prop firm payouts by moving towards automation. Matteo reveals all of this and so much more in this special episode chart fanatics.
Every single institutional traders that I know, at least once if not every single day, they send an execution order to the market. They often use