Dion Pouncil

So he was a college professor out in Boston, math and physics major, created an algorithm to beat the dealers in casino, got bored, and now runs a $50 billion fund that's fully algorithmic from trading and investing. So that book is what inspired me to get over the hump. And that's where if I had to start today, right now, I would still start with that book.

So he was a college professor out in Boston, math and physics major, created an algorithm to beat the dealers in casino, got bored, and now runs a $50 billion fund that's fully algorithmic from trading and investing. So that book is what inspired me to get over the hump. And that's where if I had to start today, right now, I would still start with that book.

Yeah, absolutely. So the nine to five as an excuse is out of the window now. One, I am licensed in futures. The futures market is open 22 hours a day, six days a week. The crypto market is open 24 hours a day, seven days a week. The Forex market is open 24 hours a day, six days a week. Stocks, bonds, and options is open eight hours a day, five days a week.

Yeah, absolutely. So the nine to five as an excuse is out of the window now. One, I am licensed in futures. The futures market is open 22 hours a day, six days a week. The crypto market is open 24 hours a day, seven days a week. The Forex market is open 24 hours a day, six days a week. Stocks, bonds, and options is open eight hours a day, five days a week.

So literally, no matter where you are in the world, as long as you have an internet connection, you can put your money to work for you and trade and invest.

So literally, no matter where you are in the world, as long as you have an internet connection, you can put your money to work for you and trade and invest.

Yes. A couple of brokerages like Charles Schwab have already announced that they will allow 24 hour trading in the initial big indexes and things like that. So I think it's inevitable. I probably think we're less than 36 months away from the major exchanges making all of their major indices available 24 hours because they have to be able to keep.

Yes. A couple of brokerages like Charles Schwab have already announced that they will allow 24 hour trading in the initial big indexes and things like that. So I think it's inevitable. I probably think we're less than 36 months away from the major exchanges making all of their major indices available 24 hours because they have to be able to keep.

um interest from people who are looking at the crypto markets as well as um sports betting and sports gambling which is getting huge so they have to be able to keep some market share and some mind share because the younger generation is not necessarily interested in long-term investing right now they're definitely big on trading but long-term investing is not something that is kind of top of mind and when they think about these legacy

um interest from people who are looking at the crypto markets as well as um sports betting and sports gambling which is getting huge so they have to be able to keep some market share and some mind share because the younger generation is not necessarily interested in long-term investing right now they're definitely big on trading but long-term investing is not something that is kind of top of mind and when they think about these legacy

exchanges um the first thing they think about is stocks and for a lot of them stocks is boring and stocks move too slow especially if you don't have the amount of capital to really make the moves that you want

exchanges um the first thing they think about is stocks and for a lot of them stocks is boring and stocks move too slow especially if you don't have the amount of capital to really make the moves that you want

Yeah. So that's called open outcry. So those are people in the pits yelling they want to buy and sell. That is only available in Chicago right now, I believe, at the Chicago Mercantile Exchange. I think that might be the one place. or one of less than probably 10 open outcries around the world, everything else is essentially computer driven. 80% of all trades globally are done by algorithms.

Yeah. So that's called open outcry. So those are people in the pits yelling they want to buy and sell. That is only available in Chicago right now, I believe, at the Chicago Mercantile Exchange. I think that might be the one place. or one of less than probably 10 open outcries around the world, everything else is essentially computer driven. 80% of all trades globally are done by algorithms.

So it is computers, It is people behind computers making manual or discretionary trades, or there are algorithmic quantitative traders and investors like myself and others, or you have hybrids where they'll get these signals from the algorithms and then they'll still make the trades or investments manually.

So it is computers, It is people behind computers making manual or discretionary trades, or there are algorithmic quantitative traders and investors like myself and others, or you have hybrids where they'll get these signals from the algorithms and then they'll still make the trades or investments manually.

Yeah, so a quantitative developer or a quantitative trader is a person who studies math and science that... They're very good at statistical models and the quantitative side of data analysis. And then they also can program via computers. So then they can combine that as a hybrid and they can take those models and actually code them into algorithms to trade and invest for them fully automatically.

Yeah, so a quantitative developer or a quantitative trader is a person who studies math and science that... They're very good at statistical models and the quantitative side of data analysis. And then they also can program via computers. So then they can combine that as a hybrid and they can take those models and actually code them into algorithms to trade and invest for them fully automatically.

Now, the thing a lot of people get overwhelmed or they get nervous when they hear about the word quant or they hear the word algorithm. an algorithm simply is just a step-by-step process. So if you get up every day and you have the same routine, you get up, you check your phone, you brush your teeth, you take a shower, et cetera, et cetera, that's your daily routine or daily algorithm.

Now, the thing a lot of people get overwhelmed or they get nervous when they hear about the word quant or they hear the word algorithm. an algorithm simply is just a step-by-step process. So if you get up every day and you have the same routine, you get up, you check your phone, you brush your teeth, you take a shower, et cetera, et cetera, that's your daily routine or daily algorithm.