Nick Sonnenberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
Right.
So for eight years, basically, I was trading stocks, but purely mathematically based.
So I would create some models and code it up and have the computers trade stocks for me at very high frequencies.
Basically, I was trying to capture fractions of a penny at microsecond speeds.
and you know i would i knew nothing about the companies that i was trading it was purely math based so these are the black these are the when you read the kind of the black pools and the people running their own like spending billions to run their own wire to the exchanges to cut like a fraction of a nanosecond off of a trade this is the kind of stuff that you were thinking about that's the stuff i was doing yeah it wasn't uh you know we we got we got a kind of a bad rap in the in the press but yeah we were like
you know, investing tons of millions and millions and like microwave technology to submit packets to, to ship from New York to Chicago to save literally microseconds.
I don't know.
I mean, I was trading billions of dollars a day.
I mean, given the country I was trading in, I mean, on a given day, I could be 5% of a market on a given day.
Yeah, it had to have been more than a trillion.
I mean, I traded for eight years.
And I mean, especially in the US, which is a very liquid market, I mean, some days I would trade...
you know, five to $10 billion worth of, of stock.
There's a lot of similarity, you know, like with high frequency trading, a lot of it was, you know, building scripts to automate things for yourself.
So I was already doing it for business, you know, in finance, like automating things.
And I got in touch with Ari like three or four years back.
And it just opened up my eyes to this whole other world that you can kind of take similar concepts, but apply it to personal life.
And I just really got fascinated with it.
Um, I won't share exact numbers, but I gave up, I gave up a lot.
I mean, I gave up, I was making seven figures when I was 25, 26.