The hottest Trading Substack posts right now

And their main takeaways
Category
Top Finance Topics

What does a Commodity Trader do?

Concepts of Finance 🧠 • 199 implied HN points • 07 Mar 24
💰 Finance Trading
  1. Commodity traders buy and sell things like oil, gold, and wheat. They try to predict price changes based on global events to make profits.
  2. Their work impacts everyday prices for many products we use, helping producers manage risks and securing stable prices for the future.
  3. Traders pay attention to weather, politics, and market feelings to make informed decisions, using tools like futures contracts and diversification to manage risks.

Tech stocks and Treasury yields Spread

Quant Trading Rules • 79 implied HN points • 02 Jun 24
💰 Finance Trading
  1. Peter Thiel emphasizes the importance of future cash flows in valuing technology companies, projecting significant value from profits generated well into the future.
  2. Interest rates, linked to Treasury bond yields, affect stock valuations by altering discount rates for future cash flows, particularly impacting tech stocks with high growth expectations.
  3. Implementing trading strategies based on spreads and RSI signals between tech stocks (like QQQ) and Treasury bonds (like TLT) can show variations in returns, with opportunities for leveraging and rule adjustments to potentially improve performance.

Stimulation Theory

Malt Liquidity • 24 implied HN points • 15 Jan 26
💰 Finance Trading
  1. The public internet and algorithm-driven discourse are extremely volatile and risky, producing lots of low-signal, performative conversation that makes maintaining a public profile dangerous.
  2. A better approach is to stop publicly posting trades and performance and instead build a client-focused, scalable wealth management practice that protects proprietary thinking and relies on two-way feedback.
  3. Stimulation theory: aim for an optimal threshold of information so you can make informed decisions without getting fried by toxic constant flow, and build information pipelines that filter signal from noise.

Why Silver Is Going Batshit Crazy Today

QTR’s Fringe Finance • 43 implied HN points • 19 Dec 25
💰 Finance Trading
  1. Silver is spiking wildly today, with an unusually large and sudden move in silver prices.
  2. A market-driven theory is proposed to explain the surge, suggesting this move may be caused by identifiable forces rather than random volatility.
  3. Gold is likely to follow once the silver-to-gold ratio consolidates, so further gold gains could come after that ratio settles.
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Investing Update: Are Tech Stocks Rested & Ready?

Spilled Coffee • 20 implied HN points • 24 Jan 26
💰 Finance Trading
  1. Tariff-driven geopolitical headlines can cause sharp, short-term selloffs, but markets often rebound after clarifications.
  2. A clear sector rotation is underway as leadership shifts in 2026 away from last year’s tech winners toward other sectors.
  3. The main open question is whether big tech is merely resting and will reassert leadership, or if the rotation will continue to keep those stocks sidelined.

Don't Just Survive - Win

DeFi Education • 399 implied HN points • 06 Nov 23
🔮 Crypto Trading
  1. The DeFi Academy offers a structured way to learn about crypto and transform your approach from just surviving to winning in the market.
  2. Timing is essential in the crypto world; those who take action are more likely to succeed than those who hesitate.
  3. There's a limited opportunity to join the DeFi Academy at a discounted price, encouraging quick decision-making for those ready to engage.

Arbitrum Airdrop: How to play it (even if you missed it!)

DeFi Education • 959 implied HN points • 16 Mar 23
🔮 Crypto Trading
  1. The Arbitrum airdrop is launching on March 23, 2023, and the token is called ARB. Make sure not to buy the wrong token before it's officially available.
  2. To be eligible for the airdrop, you had to complete certain actions in the Arbitrum ecosystem before February 6, 2023. Checking your eligibility is easy—just connect your wallet to their official website.
  3. The token distribution includes a large portion going to the DAO treasury and team, while a small percentage goes to the airdrop eligible wallets. It's good to know how these tokens are being allocated.

No More Sandwiches

DeFi Education • 779 implied HN points • 10 May 23
🔮 Crypto Trading
  1. MEV, or Maximum Extractable Value, allows bots to profit by reordering transactions on the Ethereum network. This means they can buy what you want to buy before you, and then sell it back to you at a higher price.
  2. Sandwich attacks are when these bots place their transactions around yours, making them 'sandwich' your transaction and causing you to pay more. They monitor your trade and act quickly to exploit pricing changes.
  3. To protect yourself from these attacks, use decentralized exchanges (DEX) that have RFQ technology or aggregators. They help you get the best price without being targeted by these bots.

Infographics: Shadow Cash Trades & Flows

Concoda • 189 implied HN points • 27 Jul 25
💰 Finance Trading
  1. The infographic shows how 'shadow cash' trades and flows are organized. This helps to understand hidden financial movements.
  2. Mapping these trades can reveal patterns similar to bonds, which is important for investors to know.
  3. Understanding shadow cash can help people make informed decisions about their investments and see the bigger picture in finance.

A Mean Reversion Strategy with 2.11 Sharpe

Quant Trading Rules • 79 implied HN points • 20 May 24
💰 Finance Trading
  1. A mean reversion strategy was tested with rules involving computing rolling means and using the IBS indicator, focusing on bouncing back from market drops.
  2. Implementing a market regime filter significantly reduced drawdowns and exposure time, improving the Sharpe ratio and reducing drawdown durations.
  3. By incorporating a long & short strategy, trading QQQ in bull markets and PSQ in bear markets, a good balance of Sharpe ratio, annual returns, and maximum drawdown was achieved.

Can you front-run markets?

Market Sentiment • 412 implied HN points • 30 Apr 23
💰 Finance Trading
  1. Arbitrage opportunities exist due to global market interconnectedness
  2. Limited correlation between U.S. and other markets for front-running
  3. Market movements are mainly influenced by local factors rather than cross-market correlations

2023 Performance Review

Modern Value Investing • 255 implied HN points • 29 Dec 23
💰 Finance Trading
  1. Achieved a total return of 174% in 2023, recovering from a 74% loss in 2022.
  2. Recovering from drawdowns over 50% can be challenging, requiring high returns.
  3. 2023 success attributed to active trading, contrarian views, and seizing opportunities.

Comex: Physical Silver Demand Keeps the Market in Backwardation

QTR’s Fringe Finance • 29 implied HN points • 28 Dec 25
💰 Finance Trading
  1. Gold's futures vs. spot spread has widened again and deliveries are elevated though below earlier 2025 peaks; if the spread keeps blowing out it could trigger more arbitrage-driven deliveries.
  2. Silver is in backwardation (spot above futures), showing acute physical tightness and heavy demand, with registered inventories drawn down as investors take delivery.
  3. Physical demand remains very strong into January for both metals, so price dips should be well supported; monitor registered inventories and open interest as key early warning indicators.

The Case For Sanity

QTR’s Fringe Finance • 26 implied HN points • 01 Jan 26
💰 Finance Trading
  1. The market looks massively overvalued and some investors are positioned short major indexes expecting a significant pullback.
  2. Price action is being distorted by heavy monetary intervention, retail speculation, algorithmic momentum, and passive buying, so traditional fundamentals often aren't driving valuations.
  3. Consumer demand is weakening — inflation-adjusted retail sales are negative — which raises the risk that earnings and the market could come under pressure.

The Stocks I Did Not Expect To Like

Spilled Coffee • 24 implied HN points • 07 Jan 26
💰 Finance Trading
  1. Price action and charts can reveal strong opportunities, so follow what the market is actually doing instead of story-driven hopes.
  2. Focus on relative strength and momentum—stocks making new highs often deserve attention regardless of whether they're labeled value or growth.
  3. Stay open-minded: profitable setups can come from legacy industrials, discount retailers, or online travel agencies, not only from flashy new tech or biotech.

Why Crypto Options Matter Now

DeFi Education • 299 implied HN points • 21 Oct 23
🔮 Crypto Trading
  1. Crypto options markets are growing even when other areas of trading are down. This is important to note because it might indicate future recovery in the industry.
  2. Deribit is the largest exchange for crypto options, and their trading volumes are increasing.
  3. Investors should pay attention to the growth in crypto options, as it may signal potential opportunities in a recovering market.

DeFi Education Q&A (July 2023)

DeFi Education • 419 implied HN points • 13 Jul 23
🔮 Crypto Trading
  1. XRP had a significant legal win against the SEC, which is a big deal for the crypto community. This victory shows some positive movement for cryptocurrency regulations.
  2. However, the judge also found that XRP sold to institutional investors broke securities laws. This part of the ruling highlights ongoing legal challenges for XRP.
  3. Overall, this case reflects the complicated nature of crypto regulation and the need for clear guidelines moving forward. It's important for investors to stay informed about these legal issues.

Infographics: Centrally Cleared U.S. Treasury Market Flows

Concoda • 178 implied HN points • 13 Jun 25
💰 Finance Trading
  1. The U.S. Treasury market uses a central counterparty to manage trades. This helps ensure that transactions are processed smoothly and securely.
  2. Understanding the flow of money in the U.S. Treasury market is important for seeing how the economy functions. It gives insights into larger financial trends.
  3. Infographics can help simplify complex information about the Treasury market, making it easier to understand for everyone. Visuals often make learning about finance more accessible.

chainEDGE 3.0 Is Live

Onchain Wizard's Cauldron • 137 implied HN points • 02 Feb 24
🕹 Technology Trading
  1. The chainEDGE 3.0 update brings significant improvements for users, including enhanced UI and filtering options.
  2. The new version features tools like auto-filtering of low liquidity tokens and detailed insights into smart money swaps.
  3. chainEDGE 3.0 offers optimized token and wallet pages, along with a Portfolio God dashboard for sorting and filtering smart money holdings.

Risk-On Indicators

DeFi Education • 659 implied HN points • 12 Jan 23
🔮 Crypto Trading
  1. Bitcoin and Ethereum prices are showing positive signs, with Bitcoin around $19K and Ethereum over $1,400. This indicates some upward momentum in the market.
  2. The author started buying major cryptocurrencies on November 29, 2022, and noticed a lot of people beginning to follow suit. This reflects a growing confidence among investors.
  3. There's a focus on how the bottom of the market is performing today, rather than just trying to predict when it will bottom out. This perspective might help investors make smarter decisions.

Understanding How Economic Models Break Down (and a Highly Profitable Trading Strategy!)

DeFi Education • 759 implied HN points • 22 Nov 22
🔮 Crypto Trading
  1. Crypto market relies on capital flow. Without enough users investing and using protocols, they can't function well.
  2. Supply and demand are key. If there's not enough capital to meet the demand, economic models can break down.
  3. Some protocols like algorithmic stablecoins can fail fundamentally. They need constant user trust and large investments, or else their value collapses.

A 5 Step Process to Improve Your Investment Acumen With Zero Risk

DeFi Education • 919 implied HN points • 07 Sep 22
💰 Finance Trading
  1. To get better at investing, you need to practice regularly and learn from different situations. The more you engage with investments, the better you'll become.
  2. Gather data from various sources to form a complete understanding of an investment. Don't just look at numbers; think about what they mean and how they relate to the market.
  3. After creating your investment plan, it's key to track how your decisions pan out. Reflect on what you did right or wrong to keep improving your skills over time.

Controlling Rate-Limited Events

Low Latency Trading Insights • 117 implied HN points • 07 Feb 24
🕹 Technology Trading
  1. Web services and APIs often restrict the number of requests per time frame to prevent abuse.
  2. Rate limiting is used in financial systems to manage order flow and prevent market manipulation.
  3. Exchanges like CME enforce strict rate controls to maintain market integrity and fairness.

Where to trade and invest after FTX's collapse

DeFi Education • 659 implied HN points • 14 Dec 22
🔮 Crypto Trading
  1. Decentralized derivatives exchanges (DDEX) let you trade without giving up control of your funds or sharing personal info. This can reduce risks and improve privacy for traders.
  2. DDEX platforms may become more popular as people seek safer options after issues with centralized exchanges (CEX) like FTX. More users on DDEXs could drive trading volumes and increase the value of their tokens.
  3. Choosing a good DDEX involves looking at the safety of funds, fees, and user experience. It’s important to understand how the exchange operates to avoid issues during trading.

Deep Dive: dYdX

DeFi Education • 619 implied HN points • 29 Dec 22
🔮 Crypto Trading
  1. dYdX is a decentralized exchange that provides users with a way to trade cryptocurrencies safely. It's designed to be secure and reliable for trading.
  2. Investors are encouraged to assess the exchange's protocol design and tokenomics before investing or trading. Doing thorough research helps to make informed decisions.
  3. The insights provided aim to guide users in exploring alternative exchanges following events like the FTX collapse, ensuring they can find trustworthy platforms.

Top Links 621 The eclipse of the primary dealers. Trading real for bitcoin. A nightmare underground & the unconquered.

Chartbook • 300 implied HN points • 17 Jan 25
💰 Finance Trading
  1. Primary dealers in finance are facing tough times managing a huge amount of government debt, which is pushing $50 trillion. This could change how they operate and their importance on Wall Street.
  2. There is a growing trend of people trading traditional currency for Bitcoin, indicating a shift in how we think about money. This could lead to big changes in the financial landscape.
  3. The concept of a 'nightmare underground' suggests that there are hidden issues or challenges in the financial world that need to be addressed. Recognizing these problems is essential for understanding the bigger picture.

LSDs End Game

DeFi Education • 519 implied HN points • 01 Feb 23
🔮 Crypto Trading
  1. LSDs can refer to different concepts, but this discussion seems to focus on a specific investment strategy. It's important to be clear about what LSDs mean in this context.
  2. The dYdX governance token has seen a significant price increase recently. Keep an eye on its performance if you're involved in trading on that platform.
  3. For those who have earned dYdX tokens, it might be wise to claim and sell them now, as they may not outperform other assets like ETH in the future.

A Primer on Shortwave Radio Trading

Low Latency Trading Insights • 98 implied HN points • 03 Feb 24
🕹 Technology Trading
  1. Shortwave radio signals can travel long distances, great for international broadcasting and long-range communication.
  2. A specialized shortwave radio is needed to tune in to shortwave broadcasts covering a wide range of content.
  3. Shortwave radio is used for diverse purposes like aviation, maritime, emergency communication, and more.

Genesis on the Chopping Block

DeFi Education • 479 implied HN points • 05 Jan 23
🔮 Crypto Trading
  1. Genesis Global is a big player in the crypto world, dealing with trading, lending, and custody services.
  2. They have millions in trades and provide services mainly for big clients like institutions.
  3. The current situation suggests that they might be facing some tough challenges ahead.

How to Navigate Your First 21 Days in DeFi

DeFi Education • 959 implied HN points • 08 Mar 22
🔮 Crypto Trading
  1. The first step in DeFi is setting up your accounts and wallets. Make sure to use a secure wallet like Metamask and protect your privacy with a VPN.
  2. You can start using DeFi by making simple transactions like lending tokens for interest or swapping them. Using networks with lower fees, like Fantom, can help you learn without risking too much.
  3. Participating in DeFi communities can lead to surprises, like airdrops or early access to token sales. Being active and helpful in these communities can reward you with tokens and good investment opportunities.

The DeFi Roundup (September 10, 2022)

DeFi Education • 619 implied HN points • 11 Sep 22
🔮 Crypto Trading
  1. This week focuses on the Merge and how it affects trading options for any potential forks. Understanding these changes is important for making smart trading decisions.
  2. The re-allocation of GPU hashpower has positively impacted some other blockchain networks. This shift shows how interconnected different chains can be.
  3. The roundup provides key insights quickly, making it easy for users to stay informed about the DeFi market. It's a convenient way to catch up on important events.

Testing Yourself

Points And Figures • 666 implied HN points • 27 Jan 24
💼 Business Trading
  1. Trading in the pits required strong self-belief and comfort with risk
  2. Success in trading was highly psychological, combining self-confidence, quick decision-making, and adaptation
  3. Venture capitalists who take real risks and make markets are more likely to succeed

Q&A + Survey!

DeFi Education • 499 implied HN points • 15 Nov 22
🔮 Crypto Trading
  1. Exchange order books are very thin right now, meaning there aren't many buy or sell orders available. This could affect trading activity significantly.
  2. Alameda Research has stopped making markets, which indicates that some big players are stepping back due to risk concerns. This might impact market stability.
  3. There are worries about stolen tokens from FTX being sold off, causing fear among traders to manage their risks carefully.

Top Links 545 “Restructuring” Bangladeshi banks. Hurricane Helen’s impact on unemployment. High-speed trading & a fracking good time.

Chartbook • 286 implied HN points • 29 Oct 24
💰 Finance Trading
  1. Bangladeshi banks are going through a big restructuring. This could change the way they operate and help improve their services.
  2. Hurricane Helene had a significant effect on unemployment rates. Many people lost their jobs because of the hurricane's impact.
  3. High-speed trading continues to play a lively role in the financial markets. It’s a fast-paced area that creates both opportunities and challenges.

What Would Jesus Trade?

The Lund Loop • 157 implied HN points • 02 Apr 23
⛪ Faith & Spirituality Trading
  1. Good Friday is a stock market holiday with unclear origins.
  2. The NYSE likely closes on Good Friday due to historical ties to Irish-Catholic traditions.
  3. Jesus hypothetically trading in the stock market would likely not end well.

What Rising TradFi Rates Means for DeFi and Avoiding Rugpulls

DeFi Education • 499 implied HN points • 25 Oct 22
🔮 Crypto Trading
  1. Rising interest rates in traditional finance (TradFi) are making crypto investments less attractive, leading to a shift of funds back to safer, more stable options like US treasuries.
  2. MakerDAO is taking a risky approach by investing their USDC reserves with Coinbase, which could yield low returns compared to safer investment alternatives.
  3. New scams are emerging in the DeFi space, and investors should be careful to check transaction details to avoid losing money to these tricks.

Terra DeFi (Part 2 of 2)

DeFi Education • 739 implied HN points • 23 Apr 22
🔮 Crypto Trading
  1. Terra DeFi is focused on the relationship between LUNA and UST, highlighting the importance of how these tokens interact with each other.
  2. Anchor is a key component of Terra's ecosystem, as it provides stability and attracts demand for LUNA.
  3. The $10 million bet between Do Kwon and the trader GCR shows the extreme speculation and interest in the Terra DeFi space.

Beating Crypto's Flash Boys

DeFi Education • 919 implied HN points • 25 Dec 21
🔮 Crypto Trading
  1. Crypto markets have their own fast traders, similar to the ones in traditional finance. These traders can take advantage of regular people's transactions, potentially costing them money.
  2. If you've ever swapped tokens or had a loan liquidated, bots might have taken some of your profits. It's important to be aware of these risks when trading in crypto.
  3. As you trade more and increase your balance, the impact of these fast traders can grow. Understanding this can help you protect your investments better.