Trading
How Fast Is Fast Enough? Latency in Crypto Trading
Latency matters only relative to a strategy, venue and market event. Map the full path before paying to optimize the wrong bottleneck.
Michael Gu
Category
Trading
Cryptocurrency trading guides, strategies, and market analysis.
Trading
Why Bitcoin Trades Differently on Every Exchange
The symbol may look the same, but matching rules, products, fees, depth and account risk make each exchange a different market.
Michael Gu
Trading
Why a Trading Strategy Is Only 10% of a Trading System
The signal is the visible tip. Production trading depends on market data, risk, execution, monitoring, capture, recovery and reconciliation.
Michael Gu
Trading
Backtest → Historical Replay → Paper Trading: The Validation Ladder
A backtest, event replay and paper account answer different questions. Use each as a gate—and keep live capital outside the experiment.
Michael Gu
Trading
Should a Trading Model Predict Up or Predict a Price?
A correct up-or-down call can still be a losing trade. Compare direction labels with fair value, expected return and decisions after costs and risk.
Michael Gu
Trading
Why Trading Data Lies in Subtle Ways
Sequence gaps, clock drift, revised candles and vanished assets can manufacture an edge. Here is how to build market data that can be audited.
Michael Gu
Trading
Book Pressure and Trade Impulse: Signal or Backtest Bait?
Rebuild two classic microstructure teaching signals, then stress-test the assumptions that make an attractive formula fail in real crypto markets.
Michael Gu
Trading
Maker, Taker and Arbitrageur: The Three Jobs Every Market Needs
Market makers wait, takers demand immediacy and arbitrageurs connect prices. Here is what each role earns—and what each risks.
Michael Gu
Trading
The Order Book Is Not the Market: How Bids, Asks and Trades Become a Price
Learn how order events create bids, asks, spreads, depth and trades—and why the visible book is only a conditional snapshot of liquidity.
Michael Gu
Trading
What Happens After You Tap Buy? Anatomy of a Crypto Trade
Follow one hypothetical crypto order from a live quote through market data, risk checks, matching, fills and account reconciliation.
Michael Gu
Trading
FundedXyz Review: Crypto Prop Trading Rules and Risks
FundedXyz offers simulated crypto prop challenges through X, Y and Z modes. Compare its rules, payouts and conflicting funding claims before paying.
Michael Gu
Crypto Project
River Markets: The $8.5M Prediction Trading Bet
River Markets aggregates professional execution across Kalshi and Polymarket. The product is live, but its “prime brokerage” label runs ahead of the financing and custody functions available today.
Michael Gu