2 entries tagged trading. All writing.
SEPTEMBER 11, 2026 The Laptop That Was Worth More Than BlackRock for Two Minutes On Wednesday morning Hunter Biden's $LAPTOP token opened at eight cents and printed $339 two minutes later — a "market cap" bigger than BlackRock — before falling 99 percent in the hour. Biden says the market maker seeded the pool with $5,000. I wanted to understand how five thousand dollars can print three hundred billion, so here is the arithmetic of an automated market maker, the on-chain tape minute by minute, who was on the other side, and what has happened since. SEPTEMBER 11, 2026 We Killed Twenty-Five Trading Strategies to Keep Three Since June I have been building automated trading strategies with an AI coding assistant — about forty of them, on one small brokerage account. Twenty-five are switched off, a dozen are still simulating, and three trade real money. Every trading blog publishes its winners; here is the graveyard, with the cause of death written on each stone, because the reasons turned out to be the interesting part — and because the three survivors are only worth believing if you have seen what it took to get down to three.