Leverage: The Silent Killer
An expert analysis of why leverage quietly destroys strategies through path dependency, forced behavior, and loss of control—even when the thesis is right.
How Institutions Actually Trade
An expert-level explanation of how institutional trading really works—driven by scale, constraints, liquidity, and necessity rather than prediction.
Why Even Experts Are Often Wrong
An expert breakdown of why market expertise doesn’t eliminate error, focusing on complexity, constraints, model risk, and the importance of resilience over accuracy.
When NOT to Trade
A multi-level framework explaining when staying out of the market is the highest-skill decision, from emotional discipline to liquidity and execution risk.
Behavioral Biases at Scale
An expert look at how behavioral biases don’t disappear at scale, but become embedded in institutions, flows, and market structure—shaping bubbles and crashes.
Hedging vs Speculation
An expert distinction between hedging and speculation based on intent, payoff structure, and risk transfer—clarifying why good hedges often feel uncomfortable.