Alucard shares his journey from early mistakes and risk lessons through bull & bear markets, into HFT, orderflow, and mean reversion strategies—plus insights on DEX growth, delta-neutral yields, and advice for newcomers.

00:00 Background, getting into crypto, early mistakes and lessons

07:00 Bull & Bear experiences, learning risk management, Luna, FTX

10:30 Moving into HFT, latency/arb focus, division of engineering vs strategy 

18:06 Trading strategies, mean reversion, orderflow 

23:00 When scalps become swings; liquidation lines, trench sizing; avoid true bagholding

27:00 From years lurking to posting himself, Bunker/mentors, how he filters real signal

34:39  Current DEX landscape, latency, maintenance margin, UX, why DEX share grows 

51:10 Delta-neutral yields, cross-venue spreads, advice to newcomers

Follow Alucard: https://x.com/AlucardTrades

This episode follows Marusha’s journey from gaming into crypto, exploring her early trading wins, burnout, and return with a deeper focus on options and algorithmic strategies. We dive into CT culture, on-chain perps vs. options, Hyperliquid, pump.fun, and the love/hate relationship traders have with the market.  

Follow Marusha: https://x.com/maruushae

0:00 Marusha background, move into crypto, gaming connection, first mentor 

06:56 Early trading experiences, bullrun luck, burnout, taking a break to study options and algo trading 

12:31 Joining Discord & Crypto Twitter, learning from criticism, evolution of CT culture and knowledge 

19:10 Post-2021 break return, deeper understanding of options, market structure, perp vs options impact 

26:03 Binary options, perpetuals as the ultimate gambling product, on-chain options challenges 

30:08 Interest in Hyperliquid, Solana DEX experience, no-KYC appeal, farming and airdrop  

38:21 Algorithmic trading focus, arbitrage strategies, funding opportunities, directional vs neutral trading 

40:00 Pump.fun discussion 

42:20 Motivation to keep going, defining 'retired' 

50:05 Struggles in trading, love/hate relationship with the market and CT community  

In this episode with Pierre Crypto we cover getting started in crypto, lessons from FTX, building trading strategies and systems, and the mindset needed to stay consistent. We also discuss lifestyle changes, the evolution of Crypto Twitter, execution in trading, and wrap up with thoughts on Hyperliquid, airdrops, and the future of CEX/DEX.

0:00 Getting started in crypto and trading, gaming history and transferable skills, taking accountability

15:30 Learnings and being humbled, FTX

21:40 Development of trading strategy, mental aspects, system building, trend trading

35:50 Doing something else? Lifestyle changes, what helped not to give up

44:35 State of CT, decline and changes, improving and participating 

55:18 Execution impact on trading and evolution through the years

1:09:12 Hyperliquid airdrop, future of CEX/DEX, current crypto applications