Crypto Trend (as an asset class)
呢篇文延續返2月寫關於新幣一上交易所即高位嘅延伸問題。之前提過呢個現象發生嘅原因歸根到底係出自定價太貴，定價太貴係出自本身機構投資成...
2025-06-11 00:00:06 +0000 UTC View Post
Ernie.QT posts
2025Q3 Live班 Promo
Link: https://www.hkptrc.com/advanced-crypto-program-trading
呢度解答下我通常收到嘅...
2025-06-05 09:36:42 +0000 UTC View PostContent Update (June 2025)
唔好意思，上個月仲差3篇文未比大家，最主要係諗唔到寫咩，我會盡快寫返比大家，Thank you 🙏
2025-06-05 06:59:23 +0000 UTC View PostCircle IPO
呢度快update一下一件大事，就係Circle上市，我寫呢篇文嘅時候，大概就係啱啱話over-subscribed 25x at $7.2B valuation。我呢度就用一個非專業股票分析師嘅角...
2025-06-05 04:26:22 +0000 UTC View PostInefficient Pump
呢次從交易角度出發討論一下關於拉盤，又或者另一個角度，點樣用最少嘅market impact同最快嘅時間同去execute一個極大order。
拉盤需知
細所上幣趣聞
3月嘅時候有位讀者想知多啲關於細幣上交易所。呢度分享一下細幣上非頭部交易所。呢度講嘅中細交易所係指國人背景嘅二線交易平台，呢度就唔開...
2025-05-05 00:00:02 +0000 UTC View PostLive班（賣廣告）
要大家等咁耐唔好意思，上次有問到大家時間嘅preference，已經定咗2025 Q3逢星期二會開live班教，會有持續進修基金資助cover，遲少少會補返website link比...
2025-05-04 18:59:44 +0000 UTC View PostBetting Site (For Fun)
呢個係我同一個朋友for fun玩嘅一個項目，手動炒betting site，當然有做quant analysis先入場。當初好似係由15U開始，雖然最後因為個wallet key唔小心leak咗而...
2025-04-22 18:22:48 +0000 UTC View PostAlgo Trading (Part 5: Data Terminology (L1, 2, 3))
呢篇講下多人問嘅問題，如果做quant researcher，尤其係High Frequency就一定知道係咩嚟。喺市場數據同量化交易嘅範疇，L1、L2、L3 數據係指交易所提供嘅...
2025-04-13 21:05:41 +0000 UTC View PostAlgo Trading (Part 4: Evaluation Metrics)
前果幾篇文講咗唔少策略同Algo Trade簡介，大家有跟開個系列都睇咗唔少backtest出嚟嘅equity curve。呢篇講一講點樣去揀策略。喺量化交易同投資策略中...
2025-04-08 15:14:43 +0000 UTC View PostCA012: Hyperliquid Fees Structure Analysis ($HYPE)
之前搞咗個投票問關於有幾多人係主要係用Hyperliquid做trade，其實結果比我想象中高。以前一直話有機會嘅話分析下Hyperliquid ，呢度講下最近Hyperliquid p...
2025-04-04 12:10:38 +0000 UTC View PostLive Class Time Preference
如果有線下傾過計嘅朋友仔都會知道，我而家籌備緊搞live班，暫時plan Q3開班，內容我大概定咗8成左右。呢度要麻煩講過有興趣嘅朋友仔投一投票，...
2025-04-03 19:12:11 +0000 UTC View PostFDUSD Depeg (2nd April)
4月頭Crypto CEX其實都發生咗唔少事，有莊家liquidate細幣離場，有呢篇文講下關於最近發生嘅穩定幣FDUSD depeg。FDUSD本身Market Cap 2-3B左右，同USDE, USDT, USDC...
2025-04-03 18:46:51 +0000 UTC View PostAlgo Trading (Part 3: BTC Return & Strategy Idea Generation)
今次呢篇文原意係同大家去計吓假如大家係唔同日子之前買BTC，果日回報大概會係點。而且近排市場跌返少少，唔係鼓吹大家即刻去撈底，不過可以...
2025-03-23 11:39:42 +0000 UTC View PostSolana CME Futures
呢度提早講吓關於Solana CME Futures，佢嘅spec就未知，大size contract 500 SOL，細size 25 SOL。之後應該會有多啲人講，雖然咩數據都未有，不過呢度都可以提...
2025-03-17 19:10:36 +0000 UTC View PostCA011: Current Market State
上次去完學生聚會，有幾個唔同嘅學生不約而同話內容有啲困難，所以呢篇直接啲用數據分析Trump上任之後市場究竟發生咗咩事。
Binance Fun... 2025-03-16 14:55:28 +0000 UTC View Post
Crypto Market Insight (2025 Part 1)
呢度大部份內容我係2月20上次個免費講座有提過好片面，深入少少嘅放喺度講多少少。果次講座定嘅方向係2025市場趨勢。利申：我唔係一個手炒勁嘅t...
2025-03-01 00:00:06 +0000 UTC View PostBybit Hack - ETH trade
星期五晚Bybit比人hack咗偷咗400K+ ETH之後，大家除咗要諗拎唔拎錢出嚟之外，或者身邊有朋友走去買$HYPE，身邊會再有一班諗深一層去炒ETH。雖然星期五...
2025-02-23 07:49:44 +0000 UTC View Post項目方召集 (Market Making)
呢度宣傳一下，我而家有幫項目方提供流動性，如果有讀者係項目方入邊做，或者有朋友需要呢個服務，不妨PM我，格下價又好。出面而家好多牛鬼蛇...
2025-02-22 04:42:15 +0000 UTC View PostPython Concurrency (Part 2: I/O-bound task solution)
呢篇文會延續返Part 1講嘅內容，都係target一啲advance少少同有接觸Python嘅讀者。Part 1提到大部份嘅tasks都係離唔開兩樣嘢，IO-bound & CPU-bound。後者其...
2025-02-16 00:00:03 +0000 UTC View PostIlliquid Investment (Part 2: OTC Secondaries)
上一篇文講到Venture Investing，呢篇就講吓投完一級市場之後，其實仲有好多花臣可以玩，而且市場好唔透明，都係有朋友介紹，所以先認知多少少。呢...
2025-02-09 00:00:02 +0000 UTC View PostAlgo Trading (Part 2: Backtest Candlestick Patterns)
呢篇文延續返上次點樣啱啱入手嘅朋友去玩algo trade，呢度會用Googlesheet/excel做例子，之後嘅文會慢慢加Python元素入去。上篇文提到Trading Ideas可以用Cand...
2025-02-01 03:50:13 +0000 UTC View PostCommon Alpha 010: Feature Importance & Generation
The content will talk about some of the useful packages I have used when I tried to build trading strategies using a Machine Learning framework. The content will be split into 3 parts, faster compu...
2025-01-29 13:52:47 +0000 UTC View PostIlliquid Investment (Part 1: Venture Investing)
呢度會開個系列講多啲illiquid investment，本身我唔係特別熟呢類非二級市場，機緣巧合之下識到啲新嘅朋友，所以試吓分享。
我自己本身以...
2025-01-19 00:00:02 +0000 UTC View PostPython Concurrency (Part 1)
呢篇文target一啲advance少少嘅讀者，如果大家已經開始用Python上手backtest，可能會令大家知道點樣improve唔同嘅範疇。
大部分algo trading嘅task其...
2025-01-12 00:00:02 +0000 UTC View PostAlgo Trading (Part 1: Entry)
上次寫咗入門學Python Programming 可以嘅Materials，有朋友本身識programming之後就問有冇algo trade教學。咁我之後每個月就寫下由入門角度去學algo trade嘅指南...
2025-01-04 10:53:35 +0000 UTC View PostGitlab Not Supported in HK
希望大家都過咗個愉快嘅聖誕節。之前前後病咗兩次，所以少更新咗Patreon 同IG，近一兩日不約而同有學生同朋友都問我關於 Gitlab唔再support香港，我...
2024-12-27 16:33:21 +0000 UTC View Post幣本位可以做咩好？
呢篇文想同大家一齊brainstorm一下如果大家本身有HODL BTC可以點樣增加yield。
如果大家倉底有BTC唔會諗住放，呢個cycle基本上以對Fiat嚟講都一...
2024-12-27 16:28:25 +0000 UTC View PostCommon Alpha 009: DSR - Alternative Metrics
This content is to introduce a new metrics that has been proposed in financial engineering world in this recent years. It is the ‘Deflated Sharpe Ratio (DSR)’, that actually helps to reduce a l...
2024-12-27 16:17:18 +0000 UTC View PostCommon Alpha 008: Market Impact Analysis
Market Impact Analysis
Introduction
This content is to discuss how to measure & conduct analysis on market impact in an execution. For any electronic desk & any...
2024-12-27 16:10:28 +0000 UTC View Post