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This Trader Made +$700K in 6 MONTHS — While Working a Full-Time Job — Transcript

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0:00Just stop there one second just so I
0:01understand. It only runs 10 minutes of
0:03the day. Did you say
0:04>> that's it?
0:04>> You train 10 minutes a day.
0:06>> 10 minutes a day.
0:07>> Malik is up 700,000.
0:12The crazy thing is that's in the last 6
0:15months.
0:16>> One thing that's going to blow people's
0:17mind is I don't have to do anything
0:18until here for 2 years here. This is the
0:20process that I follow for every strategy
0:22that I create. And you make a ton of
0:24money without doing anything.
0:26>> To me, that is absolute insanity.
0:30Welcome to undiscovered traders by Kin
0:33for the only podcast that interviews
0:36verified six and seven figure traders.
0:38If it's not Ken for I don't personally
0:41believe that you know that that person
0:43can have actually made that money. And
0:45today we're interviewing uh Malik who
0:48goes under the Kinfo name is it Mallet
0:50TQQQ trader. Now, Malik is up 700,000
0:56in verified Kinfold profits. A little
0:59more, much closer to the million in and
1:01his actual profits, which we'll get into
1:03in a little while. The crazy thing is
1:06that's in the last six months we've saw
1:08those profits come through on Pinfall.
1:11Uh, and this this episode is a very
1:13special one. It's something a bit
1:14different that we do to normal. It's
1:16pretty much a mustwatch because in this
1:18Malik is going to determine his
1:20strategy, how he comes up with the
1:22concepts, the the how he builds the
1:24models and builds the codes, back tests
1:26it across 42 years of data, and then how
1:29he automates that process. There's going
1:30to be like a small presentation and then
1:32a big demo. Perfect for kind of people
1:35who are wanting to get into this. But
1:37first of all, Malik, how are you?
1:40>> Yeah, doing pretty good. um really
1:42excited to talk about my journey and uh
1:46everything else here. But uh first of
1:48all, really really thank you for
1:50inviting me on this uh podcast. Um I uh
1:54as I said before um I when I started
1:58trading, I used to watch your videos uh
2:00online and uh they were amazing. I think
2:04they were stellar and uh um lots of
2:06comedy in them and lots of value. So, I
2:09used to love and uh watch those videos
2:11all the time.
2:12>> No, I appreciate that. I was I was a
2:14crazy uh crazy 20-year-old 20 plus year
2:17old kid, maybe 30 when I was just just
2:19starting those. Um one one day I'll go
2:21back. Um I said I'd always do a podcast
2:24and I'm I'm back on this one. So, that's
2:25that's nice. But, Mik, in terms of your
2:29trading,
2:31you've made an incredible amount of
2:33money in a very short time. I I really
2:35appreciate that you've been transparent
2:36on Kinful, but also that you're going to
2:38be transparent enough to kind of show us
2:40the process of how you're doing it. And
2:42you are you more of like a a quant guy?
2:45Is that the right way to say it? I'm
2:47more of a systems guy. Yeah, I there is
2:50a small slight difference between
2:51quantitative and uh systematic. Uh I am
2:54more of a systematic uh uh guy with uh a
2:58lot of mechanical like everything is
3:00mechanical. um every rule and every
3:02algorithm, every addition is all
3:05mechanical and it's tested against uh
3:08the last 42 years of data um to make
3:11sure that it is robust. Um I use a lot
3:14of stress testing and make sure that
3:16these uh strategies can stand uh against
3:20a lot of market regimes, right? like com
3:22uh crash or 2008 crashes uh ups and
3:26downs like can it withstand all that
3:29that the market throws at you every day
3:31day in and day out right so uh that's
3:34what I do I'm very different from a lot
3:36of uh folks that uh do the trading uh
3:39again like nothing wrong in uh uh um
3:42having that kind of a manual uh dis
3:45discretionary trading um but uh yeah I
3:48am completely fully automated at this
3:50point I don't uh do anything in terms of
3:54trade execution or everyday day-to-day
3:57decision making. Uh it's completely
3:59automated. I just let the computer take
4:01care of everything for me. Uh because I
4:03have a day job and I focus on the day
4:06job.
4:07>> That's absolutely insane to me. So
4:08you've made nearly a million dollars
4:11without executing trades.
4:13>> Yep. I uh it's been 3 years since I uh
4:16actually put in a trade in my brokerage
4:18account. Everything is done by the
4:20computer and it does it very very
4:22consistently. There's no emotions there.
4:24Uh it doesn't matter what the rest of
4:26the market is doing, tariffs or
4:29recessions or anything like that. It
4:31just does its job. And that's what I
4:32really wanted there.
4:34>> To me, that is absolute insanity. It's
4:36it's bordering on the what everyone's
4:39trying to do. Like everyone's trying to
4:41build a a trading bot. I remember Steven
4:44Ducks was talking about the DXNator and
4:46I mean Malik you you built the
4:47Malaganator but um but like I just so
4:51first of all how did you what's your
4:52background? How did you learn how to to
4:54do this and then we'll we'll go a bit
4:56into a demo and and also what are you
4:58trading um when you when you're
5:00simulating these trades?
5:02>> Yeah, I can I have prepared a few
5:04slides. I can quickly uh go through the
5:06slides and then uh talk about my
5:08background and uh my journey uh if
5:11that's okay with you. Yeah, sure, sure.
5:13Let's do it. But I just one question
5:14while you bring them up. H a lot of
5:16people ask me when they see people make
5:18a big amount of money.
5:20>> H
5:20>> how much did you start with? Cuz say if
5:22you start with 10 million and you placed
5:23one trade and you made 10% and you made
5:26a million. So like what what did you
5:27start with? How did that journey start
5:29quick?
5:30>> Yeah. So I started my journey um almost
5:34uh 10 years nine years ago. When I
5:37started, I just had a small account
5:39because I knew uh it was not going to go
5:43super well. So, I started with like uh
5:46roughly 20K.
5:48Once I uh figured out okay I this is my
5:52niche and uh I can consistently make
5:54money I I went to a bigger account like
5:57I started with uh around 200k and um
6:01yeah right now uh it's uh 200 220k and
6:05then now it's uh hitting a million in
6:07one of the accounts. I have a couple
6:09accounts um overall but uh yeah on the
6:12right hand side you can see here this is
6:14my um this is my uh one of the accounts
6:18uh equity curve um so you can see until
6:212022 2023 beginning of 23 I didn't make
6:24a whole lot of money um and then I
6:26started making uh uh consistent money uh
6:30it doesn't mean that I make money day in
6:32and day out um last year was uh you know
6:34a flat period I didn't make a whole lot
6:36but this year again market uh uh the
6:39regime suited my strategy. So I started
6:42making money again and uh right now yeah
6:44this account is getting close to a
6:45million dollars here. Um before that we
6:48can quickly look at the Kinfo. Um I
6:52would say my my style is uh more of a
6:54position trader uh where I hold the
6:58position like the core position for uh
7:00as long as the trend is uh in place but
7:04I trade uh I trade some portion of those
7:07uh shares around it. So let's say uh
7:10depending on the again the uh uh day and
7:13uh the trend I might only hold like 30%
7:16of my shares but like tomorrow I can add
7:19more and then day after tomorrow I might
7:21sell some more but still like the
7:23position is not completely closed until
7:25it might take 3 months 6 months
7:27sometimes couple years. Um so it's it's
7:29not a swing or a day trading strategy.
7:31It's more of a slow position trading
7:33strategy. So that's why um when we go to
7:36the um uh profit chart here, you see
7:40that there's not a whole lot in the last
7:42two years. It looks like I made all the
7:44money in this uh last 6 months. But but
7:47what happened in reality is like when I
7:50started in um 3 years ago, that position
7:53I was holding it until like uh last year
7:56until the bull market or this year until
7:59the bull market ended. um and then uh uh
8:03the position was closed. So usually
8:04Kinfo uh tracks all the closed positions
8:07and then the profit is displayed. Um
8:09that's why you see this a little bit of
8:11a a jumpy state like a steps um in
8:15there. But uh that's just yeah that's
8:17just a different uh visualization here.
8:19>> Yeah, but it's it's uh there's a lot of
8:21work there's a lot of work going on
8:23behind the scenes behind those uh those
8:25jumps and and then so are you so I'm
8:27seeing SQQ there. So, are you trading um
8:30is that the the NASDAQ? Is that a form
8:32of the NASDAQ that you're that you're
8:34trading?
8:35>> Yeah. So, uh so I'm a software engineer.
8:38I've been a software engineer for 20
8:40years now. I used to work at Microsoft
8:42and then Salesforce. That's my
8:45background. I have been trading since
8:47almost 2016, 2015, 2016 and consistently
8:51profitable uh since 2022. And the key
8:55thing is I'm a fully automated
8:56systematic trader as I said before. Uh I
8:59don't make any manual uh day-to-day
9:01trading decisions. I don't uh I don't um
9:04figure out like what to buy, when to
9:06buy, should I sell, how much to sell.
9:08All that stuff is automated. The
9:09strategy is completely automated. I just
9:11let the computer run it. Um right now
9:14I'm doing seven strategies. Uh trend
9:17following and mean reversion are the two
9:19um categories of those uh strategies
9:21here, both long and short. trend
9:23following I would say is the bulk of the
9:26um bulk of the profits like is derived
9:28from the trend following and it's a low
9:31frequency trading like one to two trades
9:32per week. So my system is uh or my uh
9:35system is a pretty low frequency trading
9:38so it's not really like going in and out
9:42consistently um constantly but um it'll
9:45figure out like when to really trade. Uh
9:47one more uh special thing about this is
9:49I only trade TQQQ and SQQQ. Uh these are
9:53the only two ETFs that I trade. Uh one
9:55is a long triple leveraged uh NASDAQ
9:58100. The other one is a short triple
10:01leveraged NASDAQ 100. Um so if I need to
10:04short I uh the the algorithm chooses
10:08SQQ. If I need to be long it chooses
10:10TQQQ. Um so that's the only thing that
10:13it does. It doesn't trade individual
10:15stocks. it doesn't do anything else.
10:17roughly the last three years uh since I
10:19went into production uh means I started
10:22uh this algorithm into the actual
10:24brokerage accounts my annual rate is
10:27around 40% uh return with uh uh there
10:30were a couple times where I hit a 33%
10:32draw down almost 30% draw downs and u my
10:36I I put my uh strategy signals at
10:38collective too uh so that everybody like
10:41anybody can actually take them and
10:43consume it um either they get emails SMS
10:46uh messages
10:47uh text messages. Whenever I put a trade
10:50in my account, it automatically sends
10:52all those signals in real time uh
10:53through collective.
10:55>> I may be contacting you for that after.
10:58I may be having a quick chat with about
11:00getting those signals.
11:02>> No. Um yeah, this this a few a few
11:05people have subscribed to those signals.
11:07If you go to collective 2 and uh check
11:09my uh strategy there, um they have live
11:12accounts like they have live brokerage
11:14money assigned to my strategy. So, right
11:16now there's $50,000 of uh money that's
11:19um uh where these signals are being
11:21applied. Um that's real uh people.
11:24>> I'll put a link I'll put a link in the
11:26description so people can link directly
11:28to it. Don't worry about it. So, there's
11:29a link in the description below.
11:31>> Cool. All right. Uh let's uh keep going.
11:34Um and then my journey um I I
11:36categorized it as into three phases
11:38here. Uh exploratory phase, a discovery
11:42phase, and then a growth phase. Um I'm
11:44pretty sure like most of the successful
11:46traders when you look at them these are
11:47the uh phases that they usually go
11:49through. Um and exploratory uh phase is
11:54mainly uh starting in 2016 I would say
11:57it lasted for 3 years. Um the key thing
12:00here is that I would say uh it's a
12:03strategy hopping right I'm trying to
12:04figure out what is my niche. So I tried
12:08with day trading um stocks in play uh
12:12pretty much quickly in one year I lost
12:14like 30% of my 20K. So it was just more
12:17of like putting your toes in the water
12:19and trying to get a feel for what the
12:22market does and how the market moves.
12:24Then I realized that okay day trading is
12:26not my cup of tea because um it needs
12:29basically you need to sit in front of
12:31the computer all day and u um looking
12:33for opportunities and that is definitely
12:36not going to be possible for me because
12:38I um I'm a full-time uh software
12:41engineer. I have a job and definitely it
12:44doesn't suit my uh the way that I live
12:46right. So I started looking for a
12:49different style of um trading when to
12:52swing trading a discretionary.
12:55So here uh it helped me quite a bit to
12:58figure out like hey how does the market
12:59move? Does it move like does it go up
13:02every day or how when does it go up? How
13:05does it go up? Uh I started learning
13:07about the market structure itself. uh
13:09the way that uh the market moves in
13:11terms of like consolidations and then
13:13breakouts and then huge push and then
13:16again a consolidation trends all that
13:18stuff I learned it here again I didn't
13:21make a whole lot of money break even for
13:22the most part um still again no
13:24consistent processor setup but in uh
13:27after 2 three years of doing this I I
13:30started with like a pullback and
13:32breakout setups just like anybody else I
13:35used to be a uh boom and bust trader
13:37where I used to make money and then when
13:39the market pulled back. I used to give
13:40it everything back and then it caused a
13:42lot of frustration because oh man like I
13:44made ton of money here but then I lost
13:46it in the next one month. Then I started
13:47realizing that okay I need a process to
13:50sell not just buying and then there was
13:52no risk management so it's all
13:54discretionary like uh I didn't I didn't
13:56know how much to buy u so all that stuff
14:00so the second phase is the discovery
14:02phase where the frustration was getting
14:05bigger and bigger cuz there's no it's a
14:08there's no progress so I was making
14:10money losing money making money and
14:11losing money all the time at this point
14:14I felt like okay I No, I have a lot of
14:17knowledge but there is no profits to
14:19show for it. So then I took a step back.
14:22I mean it was a very tough time like
14:23where uh I feel like I have done a lot
14:25of work here but there's nothing to show
14:27for. There was points where like okay
14:29maybe I should just quit and uh do
14:31something else right cuz it was a lot of
14:33frustration but then I started doing a
14:36hard retrospection like okay what am I
14:38doing wrong here? Uh am I really
14:40progressing or just like wasting time
14:43here? Then I started realizing that I am
14:47trying to play somebody else's game
14:49here. Like for example, Warren Buffett,
14:51right? Like we take his example, he does
14:54he doesn't do charting, technical
14:56analysis or day trading or swing trading
14:58or anything. He has his own thing like
15:00where he sits probably on a desk and
15:03reads a bunch of um company earnings and
15:06reports and all that. So based on that
15:08he is able to basically he created his
15:11own game where he does uh some things
15:14that he uh is good at and that's how he
15:17makes money. So then I realized okay I I
15:20need to look at what I'm good at and I
15:21need to play play my own game not
15:23somebody else's game. Uh I need to make
15:26my own rules and play that game because
15:28I'm good at it. Right. That's the way to
15:29make money. And stock market is awesome
15:31because it lets you play any game you
15:33want but you have to be really good at
15:35that game. So
15:36>> yeah, I think I think just to come in, I
15:39think that's an excellent point by the
15:40way because like there's a a common
15:42quote that everyone knows that's like
15:44excel at your strengths, but figure out
15:46what you're best at and just go all in
15:48on it. Don't try and fix your weaknesses
15:50because you're never going to ever be
15:52able to really fix your weaknesses
15:53sufficiently to be the best at it and
15:55and it's exactly what you've done here.
15:57>> Yep. So um then I realized that if you
16:00want to really make money or if I want I
16:02wanted to make money, I need three
16:03things here. one is edge uh conviction
16:07and then a process around that. I mean
16:09some people say psychology is a major
16:11thing but to me that doesn't make any
16:13sense like it's absolutely nothing for
16:15me. Edge is something very different for
16:18everybody but once you have an edge
16:20which is like edge I I define usually as
16:22something that you are good at uh you
16:25can do better than somebody else that's
16:28your edge in the market. It can manifest
16:30in different ways. For Warren Buffett,
16:32it is the edges figuring out the
16:35companies that where he knows uh they
16:38are going to raise in value over time
16:39and right now they are undervalued and
16:41he can uh stay with that right. So
16:43everybody has that edge that they need
16:45to figure out and then the conviction is
16:47also a big deal. Like just having that
16:50edge uh doesn't make you money. You need
16:53to have a strong conviction in your
16:54edge. Edge doesn't mean that you're
16:56going to make money every day, right?
16:57Day in and day out. There will be
16:59periods where your strategy or your edge
17:02is not going to make money. You will
17:03have a draw down and this conviction is
17:05going to make sure that you are still
17:08going to use that edge and when the
17:11market regime or when the conditions
17:13turn in your favor then you'll make
17:15money. So the edge is something like hey
17:18I have a sword but then the conviction
17:19is uh when you can actually use it like
17:22it'll make it'll help you stick to that
17:24edge when the things are not in your
17:26favor. And the process is something that
17:29you need to use that edge over and over
17:33and over and make consistent money. So
17:36all these three are very very essential.
17:38In the discovery phase, what I did was I
17:39looked at all my strengths. Again, my
17:42strength is analyzing data, creating
17:45strategies. I have a uh because of all
17:47the um manual discretionary trading that
17:50I did even though it didn't make any
17:52money I still have a really good
17:53understanding of the market structure uh
17:56what works what doesn't work in the
17:58market um and then I have coding skills
18:00because I'm a software engineer I can
18:02write code and I can build systems and
18:04then I also looked at my weaknesses if
18:06you look at a lot of discretionary
18:08traders they can make these decisions
18:10day in and day out for a long periods of
18:13time um it's really hard for me to do uh
18:15I that's my limitation and that's my
18:18weakness. That's why I was not able to
18:20consistently take a strategy and apply
18:23it day in and day out. Um and then I
18:26can't tra I can't sit in front of a
18:28computer all day and consistently make
18:29those buys and sells at the right time
18:33uh without those emotions because
18:35emotional emotions are a huge part of
18:37discretionary trading. So um that was a
18:40very difficult thing for me to do and
18:42that's again my weakness. uh time
18:44commitment again um I have family and
18:46then I have a full-time job. So, so what
18:49I did was um I looked at what I cannot
18:52do after the looking at my strengths and
18:54limitations. I derived okay I cannot do
18:57day and swing trading or discretionary
18:59trading. I can't do individual stocks
19:02because you need to understand the um
19:04technicals and fundamentals and you need
19:07to do a lot of market uh like a sector
19:09analysis and all that stuff to actually
19:11trade the individual stocks which I
19:13don't have time and I don't even have
19:15interest to uh trade those uh trade like
19:17that uh cannot do fundamental analysis
19:20because I don't have the background in
19:22that. uh most of the technical analysis
19:25um I read later on when I actually back
19:29tested a lot of that um none of that uh
19:32actually worked. I would say most of the
19:33technical analysis like a traditional
19:36patterns and um um the uh candle
19:40patterns and all those things they don't
19:42have a whole lot of edge in the market.
19:45Some people make it work but uh that's
19:47because of something else that they have
19:48not just from a uh pure uh uh systematic
19:52perspective. So I I figured out that the
19:55systematic trading through the index
19:57ETFs is my uh best way forward. Again I
20:01wanted to do leverage because I'm not
20:03scared of draw downs like 10 20 30 40%
20:06uh draw downs don't scare me. Uh I'm
20:08okay to stick through those draw downs
20:10and let the uh system run its course.
20:14NDX is my top choice because of the uh
20:16again I'm I have a background in tech
20:18very I can correlate with the um NASDAQ
20:21100 because of all the exposure to the
20:23tech and the biotech. So I figured out
20:26TQQ and SQQQ are the trading vehicles to
20:29go along and short. So once I figured
20:32out all these things then I went back
20:35and say okay what is my edge here? uh
20:37again uh don't want to repeat here but
20:40developing robust and simple strategies
20:42based on timeless market tendencies like
20:45momentum and mean reversion these are
20:47the two uh anomalies in the market that
20:49you can say they existed for hundreds of
20:52years decades and they are going to
20:54continue because of uh human behavior
20:57right the human psychology people tend
21:00to have greed and fear and that's
21:02manifests in momentum and mean reversion
21:04so I wanted to use my systematic uh use
21:07systematic trading couple that with my
21:09coding skills and uh with my uh skills
21:12that I have and that's my edge
21:15personally I gained the conviction
21:16through data through rigorous back
21:18testing when I understood like uh how my
21:22uh strategies behave in different
21:24regimes what is the expected behavior
21:27that gives me a strong conviction of
21:29okay this is what's expected and right
21:31now uh is my uh strategy doing the uh is
21:35it working the same way it's supposed to
21:36work, right? And uh as I said, the
21:39conviction prepares you to continue to
21:41grind through the tough draw downs.
21:43Everybody will have draw downs, right?
21:44I'm I'm sure like there's no 100% sure
21:47that there's no trader without a big
21:49draw down. This conviction is really
21:51needed during those times. And if you
21:52don't have that, you're going to abandon
21:54that and go back to strategy hopping and
21:57all those bad habits. And also, I need a
21:59process. I need infrastructure to
22:01consistently back test and execute
22:03strategies. uh and white light is my
22:06tool that I uh wrote like developed and
22:08designed and wrote from scratch. Um it
22:11is a back testing as well as it does
22:14real time uh trading for me. I I write
22:16my strategies in there. I deploy them,
22:18test them. I did I test and deploy. Um
22:21and that's where this tool is born from.
22:23Right now I would say when I started
22:25this there were not many options to back
22:27test and uh deploy your uh strategies.
22:31Right now there are lots of tools. You
22:32don't have to write them from scratch.
22:34There are lots of tools available in the
22:35market um like a real test I haven't
22:38personally used it but I heard a lot of
22:39good things about that uh that new
22:42traders can u directly go there all they
22:45have to do focuses on um uh essentially
22:48the
22:50strategy part of it and everything else
22:51is done by uh those tools my tool the
22:54code name for my tool is white light uh
22:56because it was so dark during that time
22:58and then this was the tool that gave me
23:00hope so I named it as white light uh it
23:03has back test engine. You can test
23:05multiple strategies at once. Um, it does
23:07when you run the uh test, it uh shows
23:10you your equity curve over a long period
23:12of time, the draw downs associated with
23:15those and all the it spits out all the
23:17trades. So, you can manually look at all
23:19those trades and uh gain some insights
23:21if you want. And it also has the
23:22capability to run these strategies in
23:24real time. It can connect to my
23:26brokerage accounts, Fidelity and Alpaca.
23:28And it gets all the data from
23:30polygon.io.
23:31uh it also caches all that data locally
23:33in case polygon is down or some
23:36something happened right so it has some
23:38uh robustness and uh um fall tolerance
23:41built into it the biggest improvement
23:44that I did in the last one to two years
23:45is sending telemetry like alerts
23:48directly to my phone so that I don't
23:50have to really babysit anything there so
23:52if something whatever it is doing it
23:55will send me alerts like hey I this is
23:57this is a strategy this is our uh uh
24:00positions right Now the this is what I'm
24:02going to do and it will once it does the
24:05order placements and everything it sends
24:07me data and if there is some uh issue
24:10with any of these uh uh uh steps here it
24:14will alert me uh it will send me high
24:15alert so then I can go and uh take an
24:17action uh on that. Yeah I mean initially
24:20yeah there were lots of hiccups back and
24:22forth I fixed all all of the stuff and
24:25right now it's pretty smooth. It's been
24:27like couple years since I have any I had
24:29any issue with uh um execution or uh
24:33running these algorithms. So it's been
24:35pretty smooth the last two years. Uh but
24:37it took me a few years to get to this
24:38point. And then I'm going to quickly do
24:40a demo here uh talking about what does a
24:43real edge look like for me and the
24:45conviction and all all the process in
24:48action.
24:48>> I think what you're about to do now that
24:50no one else has ever done before is is
24:51actually show the process of systematic
24:53trading and how it's done. So I don't
24:56want to I don't want to hold you back
24:57from it.
24:57>> Awesome. So um the first thing is I uh
25:01from an operational perspective I run uh
25:03all this strategy in the cloud AWS
25:06cloud. So I have a virtual machine
25:08there. This is my virtual machine. I
25:10remoted into that. And the cool thing is
25:12I even automated when it should run
25:15because my strategy only runs the last
25:17in the last 10 minutes of the day. It
25:19only has to make two decisions.
25:21Basically it has to know should I buy
25:24TQQ? how much to buy, uh what is the
25:27position size per SQ only two decisions
25:29it has to uh make and then based on that
25:33it'll connect to my brokerage and then
25:35places the right orders and stuff.
25:37>> Just stop there one second just to
25:38understand it only runs 10 minutes of
25:40the day. Did you say
25:41>> that's it? Uh because my
25:43>> 10 minutes a day,
25:44>> 10 minutes a day. Um even that is
25:46automated. Um I have resource scheduling
25:49everything set up so that it
25:50automatically starts um 15 to 20 minutes
25:54before the market close and um it just
25:57on boot it does this.
25:59>> If you're enjoying this level of
26:01transparency from million-doll traders,
26:03hit like, hit subscribe. Helps the
26:06channel more than you know to get more
26:07guests like this and more guests like
26:09this verified on Kinfo.
26:11So like it first step is it is going to
26:15uh let me see if I can zoom in a little
26:17bit. Yeah, cool. So first step is it's
26:20downloading the data for the tickets um
26:22SQQQ, TQQQ and the NASDAQ 100 NDX.
26:27It is running my strategy right now. Um
26:29the it's called dual strategy because it
26:31can do both short and long. I used to
26:35run only the long couple of years ago,
26:37two two and a half years ago. it was
26:39only long long based long biased but now
26:42I added uh in the last I would say uh
26:46one year I have added a couple of short
26:48strategies also into this so it's
26:50running all those strategies against
26:53some of the data that I have I'll show
26:54you uh while it is running uh I'll show
26:58you the data that I have so if you look
27:01at this folder like it's caching all the
27:03data uh let's look at the NASDAQ 100
27:05here NDX NDX is the index for NASDAQ 00.
27:09So you can see um it's just a simple um
27:12date open, high, low, close and the
27:15volume volume is zero because it's an
27:17index, right? So it is caching all the
27:20data from 1985. That's when the index
27:24actually started and uh it knows it
27:27already has data till uh yesterday. So
27:30it all it is looking for is data
27:33real-time data right now and um it got
27:37it from uh polygon.io.
27:39So okay let's go step by step. Um so it
27:42got the data it run it ran my strategy
27:45here
27:46and these are the two critical pieces.
27:50It determined that today my TQQ position
27:54size should be 30% of my portfolio.
27:58uh SQ position size should be 0%.
28:01So these are the two critical pieces
28:03that's it like those are the only two
28:05things that are important uh at this
28:08point for for my uh for me right so um
28:11if I need to tell somebody that hey uh
28:14uh or to myself how much TQQ should I be
28:18holding today 30%. So let's say I come
28:20in with 100% of TQQ today. In the last
28:2410 minutes of today, it is going to sell
28:2770%, to make sure that I only have 30%
28:30>> uh exiting the close of the day. Um this
28:34is some extra information for me to know
28:36okay why 30%, but not super interesting
28:40for other people. Um so now what it is
28:43the next step it's connecting to my
28:45brokerage accounts. Uh as I said I have
28:47uh Fidelity uh a lot of accounts on
28:50Fidelity and Alpaca. So it basically
28:53said on this account uh I have to buy 42
28:56shares of TQQQ.
28:58Um it knew it knew how many shares I
29:00already have and it said to be 30 at 30%
29:04you need to buy it 42 shares. Same thing
29:07for the next account. Um and then
29:10same account it says no changes needed
29:12for SQ current share count is zero
29:14because the today's uh share count uh
29:17for SQ is zero and I already have zero
29:20which I don't have. It says no changes
29:22needed for that position. Same thing it
29:24it goes to the next account um and then
29:27determines how many shares I uh it needs
29:29to buy. Now it didn't buy because it's
29:31still during the middle of the trading
29:33day. So the last 10 to 15 minutes it
29:36knows like okay this is the time and
29:37then it just goes and puts in orders for
29:39them and uh uh make sure that um I am
29:44closing that day with 30% of TQQ um in
29:46that in those accounts. So in a nutshell
29:49that's what it that's what my process
29:51is. I don't like as I said I don't
29:52babysit this one. It just boots itself
29:56on boot it runs this a lot of fault
29:59tolerance is also built into it. So if
30:01let's say polygon is down it can um it
30:05can fall back to different source of
30:07data. The only thing is like sometimes
30:09my fidelity accounts like sometimes the
30:11fidelity broker itself there were two
30:13instances where due to like in the bare
30:16market conditions the there it couldn't
30:18put in orders because broker uh was
30:20rejecting those orders but it could
30:22retry and then the last like it retried
30:25for 5 to 10 minutes and then at the end
30:27of the like the last minute it was able
30:29to put in the trades. So it can do a lot
30:31of uh recovery and uh from any disaster
30:34that that you have. Even if you shut
30:36down this machine, if you let's say if
30:38you shut down this machine right now, 10
30:40minutes before the market close, it's
30:41going to automatically boot itself and
30:43uh do all these things. It won't let me
30:45set shut set shut my own um strategy
30:48down. No, it's it's crazy because it it
30:50to me it looks like I haven't seen
30:52anything like this since MS DOS in 1993,
30:55but uh it's it's clearly significantly
30:58uh more powerful
31:00and and more sophisticated, but the the
31:02premise of what it's built on. Looks
31:04quite simple. It's not uh any it's not
31:07something that needs um a billion
31:10gigabyte computer to run it. It looks
31:12fairly simple.
31:14>> All it needs is this data. That's it. uh
31:16it it only needs uh um this simple uh
31:20data this file and then SQ and TQQ
31:22that's it um and the rest it does
31:25everything uh these are the only inputs
31:27to it price right like the price is the
31:30only input here there's no news it
31:32doesn't do any ML or machine learning or
31:35AI or anything it's just pretty simple
31:37and the strategies as I said there are
31:39seven strategies it's running all
31:41together and uh based on the strategy uh
31:45output It figures out how much uh
31:47position says I need to have during that
31:49time.
31:50>> Yeah, I know. It looks it looks
31:51extremely simple. I don't think you're
31:52going to have any power outs or anything
31:54like that from overpowering the
31:55electricity in your house running those
31:56systems. It don't need too many servers.
31:58But I mean, so how I guess how are you
32:03following the process to think, okay, I
32:06want to look into this pattern. I want
32:07to look into that pattern. Maybe this
32:08pattern is going to work. How how do you
32:09do that first part? And then I suppose
32:13after you've got something in your head,
32:14you back test it for 42 years and see if
32:16it works and start tweaking with the
32:17settings. But can you just walk us
32:19through that part of how you do it?
32:20>> Yeah. All right. Let's let's jump jump
32:22to that one. Yeah. So, uh, every this is
32:25a process that I follow for every
32:27strategy that I create. I go write model
32:30that code. Um like for example if you
32:33say trend following uh it would be as
32:35simple as um let me bring up this uh
32:38let's see um NDX
32:42a lot of people make it super
32:43complicated but let me change into see
32:47uh you can see I don't look at charts or
32:49anything anymore so I don't even have
32:51the right charting um settings here but
32:54if you look at the NASDAQ 100 right a
32:57lot of people ask this question like hey
32:59uh is it a bottom yet? Is it the bottom
33:00yet? right? On Twitter, this is the most
33:02common question like, "Oh, is it are we
33:04at a bottom right now?" Right? But if
33:06you just all you have to do is like add
33:08a moving average, a 50-day moving
33:11average um and then add like a 2 uh
33:1550-day moving average on top of it.
33:18Well, let's say so it's a simple um uh
33:21strategies like when when you think of a
33:23strategy, all all I'm thinking is like
33:26how can I model this trend? So uh if I
33:30represent my um 250day moving average in
33:33green here, all I can say is as long as
33:36this price is above this 250day moving
33:39average, I say this is a nice trend
33:41here. I want to capture this chunk of
33:43money here, right? Like if I start my
33:45position here on the 250day moving
33:47average, when it breaks, breaks out, I
33:49don't have to exit until the end here.
33:52And I made like a quite a bit of money
33:54here, right? So, if you look at my um
33:56Kinfo, the reason I don't have it's flat
34:00from here to here is because I just held
34:03this trade like as long as I could until
34:05the trend broke. Same thing um uh here
34:10the this year once the trend broke and
34:14once we came above this 200 day 250day
34:18moving average, this is when I got in
34:21and then this is where I exited. Right?
34:23So this three to three month period has
34:26netted me like almost half a million
34:28dollars here. I didn't do anything
34:31special here. All I did was all the
34:33strategy did was as soon as I as soon as
34:35we jumped above this 50-day moving
34:37average, it just went with 100% TQQ
34:41and NASDAQ jumped almost I would say uh
34:47uh 15
34:49maybe 20% roughly 20% from here to here
34:52and TQQ went 60% in that time in just 2
34:563 months
34:58>> and my in these times I didn't have a
35:01single trade. All I did was just holding
35:03on to TQQQ and uh boom, that's it. And
35:06then it exited um around this time here
35:10due to basically the shorts and the mean
35:12reversions and other strategies also
35:14kicked in at that time. They basically
35:16figured out that the the trend has been
35:19slowing down here. So we need to get out
35:21of here. Right? That's in a nutshell
35:24like even before the last um bull market
35:28or from here to here as I said 2023
35:32simple. So you don't have to ask a
35:33question like hey when do I enter is it
35:35the bottom yet? No you don't have to ask
35:37that question. As soon as you are above
35:38the 50-day moving average or 50day
35:40moving average you just go in. Right.
35:43Yeah.
35:44>> Um, one one thing that I one thing
35:46that's going to blow people's mind is
35:48none of these big runs have started
35:52without the price getting above the 50
35:54and the 250day moving average.
35:57>> That's a huge edge, right? Like
36:00>> none of these like if you look at the
36:01history of NASDAQ mathematically, it's
36:03impossible for a rally to sustain and be
36:07huge rally without it being above the
36:1050-day or the 250day moving average.
36:13It's impossible like you cannot have a
36:1530 40 50% rallies below these moving
36:18averages
36:20uh a sustainable averages sustainable
36:22rallies um 100% right like that's your
36:26edge a huge edge people that's simple
36:28like it's just staring right in your
36:29face you don't have to have a fancy RSI
36:32or some kind of a um Ichimoki cloud or
36:36something right like you don't need
36:37anything it's just as simple as this
36:42all you have to do is like look at the
36:43history and then see oh like boom if I
36:46enter here I don't have to do anything
36:48until here for two years here and you
36:51make a ton of money without doing
36:53anything.
36:54Yeah I think on the surface your
36:56strategy anyone who doesn't uh do
36:59software engineering might think that
37:02your strategy is really complicated but
37:03I have a feeling that it's not as
37:06complicated as people might think.
37:08>> Yeah. Okay. Okay. So when let's say you
37:10write some strategy simple as simple as
37:12that right and right now my strategy as
37:14I said like it has seven different sub
37:17strategies in them they are all very
37:19very simple strategies like mean
37:20reversion like when when your speed of
37:24the velocity of your um uh of the trend
37:27is slowing down you need to basically
37:30take some of the money out right that's
37:32a simple concept how do you model that
37:35there are multiple ways to model that
37:36you can do rate of change right you can
37:38just all you have to is like let's say
37:39you are going in the car at 40 mph.
37:43If you're going to 50 now 60 then you
37:47know that you're you're uh you are
37:49accelerating. You're going above the
37:50speed limit and you are going faster
37:52now. All you have to do is look at the
37:54rate of change from 40 to 50 to 60
37:57you're accelerating. But when it when
37:59you go from 40 to 30 to 20 then it's
38:02decelerating. You're going down right?
38:04So it's a simple math like all you have
38:06to do is like do a rate of change and
38:09you will um have a mean reversion
38:11strategy right there. So simple concepts
38:14like those you can take and model them
38:15and then back test and see how that
38:17looks like. So this is this is the data
38:19that I'm um so first let's talk about
38:21the edge right. So if you this is my
38:24edge like this is my strategy equity
38:27curve starting 1985. If I apply the same
38:30set of rules shorting in 1985 and do
38:34nothing, I didn't do anything for 45
38:36years, this is where I will end up. This
38:39has 80% return per year compared to buy
38:42and hold of QQQ, which is also super
38:45great. Like I think it it's like roughly
38:4712% or something since 1985.
38:50And again, like it goes through draw
38:52downs and all that stuff, but buy and
38:55hold of QQQ is this red line.
38:58If you instead if you let's say you
38:59bought TQQQ which is a triple leverage
39:02ETF you bought that it done really well
39:05until 2000 and then because of this
39:07crash it came back and it never came
39:10back to those previous size but it still
39:12beats QQQ for the most part the only
39:15problem is you have a ton of draw downs
39:17here 80 90 95% draw downs in this TQQ
39:21and it's very impossible to hold right
39:22so um that's it and then my strategy if
39:26you look at this because it's a
39:28combination of long and short. This.com
39:30when this crash happened almost 80% of
39:33NASDAQ crashed. I am actually making
39:35money here still. Um I have still ups
39:38and downs but I am actually making money
39:40here. Same thing with 2008. My
39:42strategies actually made money here in
39:432008. Uh if it were run right like if it
39:46were if I if I if I knew it. So the same
39:50way like now I know I have in 2020 you
39:53can see the 2020 look it actually made a
39:55ton of money here in 2020. Um I know
39:58where it struggles like where the market
40:00is going sideways. It actually struggles
40:03uh a little bit here. So I know the
40:05weaknesses of my strategy. Uh let's say
40:08if the NASDAQ is uh flat for the next
40:10one year, I know my strategy is going to
40:12struggle. But that's by design, right?
40:14Like you have to take the good with the
40:15bad. So this is the edge and the
40:18conviction behind it. Now I know I don't
40:20have to abandon this strategy. I know
40:22just I'm know keep uh letting it play
40:24out like let it run right now. Other
40:27data points that it spits out is when
40:29you run this back test the monthly
40:31monthly um returns how does they look
40:34like yearly returns how do they look
40:35like as I said like it does really well
40:38in these volatile times but if you look
40:40at 1997 to 2000 those were blockbuster
40:43years right it was making 180% a year
40:45300% 200% 169%
40:49even during the crash.com
40:522000 crash it it actually made 200%
40:55profit
40:56that year and 152% the next year. During
41:00the 2008 year, um it made 83 and 2009
41:04was 155. The years it struggled like
41:072004 and 2005 were flat
41:10>> and it didn't make any money because
41:11it's just supposed to be flat, right? Um
41:14it gives you a good understanding of
41:16like in 2020 again it's 469%
41:19in that one year
41:20>> and the year after 2021 is 81%.
41:24So, I mean,
41:25>> yeah, go ahead.
41:26>> You you you could have only in my head,
41:28you could have only um looked at the
41:31market over the last as long as it
41:34existed and you've looked for the signs
41:39of the change in the change in direction
41:41or where the crashes have come and
41:43what's what's led to the crashes and
41:46you've figured it out to predict any
41:48future crashes or volatile price
41:51movements. Am I right?
41:53Well, I mean you don't have to predict
41:55at all with this. So, um like look at
41:58example of this year, right? I uh there
42:01was a tariff crash like 20% crash in
42:04NASDAQ. My strategy also crashed when
42:06NASDAQ crashed but it only crashed 20%.
42:10But I knew okay um I don't have to panic
42:12because that's by design because I have
42:14seen so many of these 20% crashes before
42:16right uh this is one of the but look at
42:19what happened after that. uh May was
42:2123%, June was 20%, July was four and
42:25then uh August is five. So I know how it
42:28recovers. As soon as the market
42:31recovers, I'm going to make all that
42:33money back. So there is no need of
42:35prediction and if there is like another
42:37crash in the next 2 months, I know how
42:39it is going to behave. I know what it is
42:41going to do. So I just let it do its
42:43thing and I don't interrupt. I basically
42:45in a nutshell I just took myself out of
42:47this entire uh trading and let the
42:50system do its thing. That's when the the
42:52the trading is uh consistent and it
42:56actually reads the entire edge. If I
42:59come into the middle and panic and let's
43:01say I stop my um uh strategy here, then
43:04I'm going to lose all these big profits
43:06that come after that, right? Which is a
43:08huge thing.
43:10So I'm not scared of these draw downs
43:11like you know yeah bring me 20 30 40%
43:14draw downs I'm not worried about it
43:15because I have seen a lot of these even
43:17though I didn't personally experience it
43:19I know from the past studying like the
43:22data here there were crashes draw downs
43:25and then the next one okay let's go to
43:26the draw downs here this is a picture
43:29like a visual representation of the draw
43:31down so if you have a 10% draw down
43:33you'll see something like this here
43:35right and then this is the uh duration
43:38of the draw um uh I plotted basically
43:40across the entire 40 years of data here.
43:43In 1992 there's a 50% draw down here and
43:46it lasted for almost 1 and a half year
43:48but if you were able to withstand that
43:52uh look what happened after that like
43:54there was a big draw down in the 90 it
43:57looks like a little blip but you have
43:59missed out on all this big huge upside
44:01which is almost like thousand times your
44:04um or 100 times your money in the next
44:06decade. Draw downs are uh nasty and
44:09nobody likes them, right? But it is part
44:11of the game like you have to withstand
44:13the draw down otherwise you won't be
44:14able to um get the profit after that. So
44:18right after the draw down is when you
44:20actually make money. So let the draw
44:21down go through and then you'll make
44:23money after that. So these are all the
44:26list of all the draw downs like uh all
44:28the 40 years in the last 40 years and
44:30like this is a nasty draw down. I think
44:32in 2014 to 2016 when the market was flat
44:36and it was like stuck in a range uh I
44:39had almost like a 30% draw down here in
44:41my strategy personally I didn't again
44:42like I didn't trade my strategy at that
44:44time I started trading in the last 3
44:46years if you look at the last 3 years I
44:48had two 30% draw downs uh on in my
44:51accounts which you can see uh even like
44:53when you go to my uh Fidelity uh account
44:57even though it looks smooth here there
44:59was this 20% draw down here uh there was
45:03another 15% draw down this was a huge 24
45:0725% draw down here and even though this
45:10looks small here this was a 30% draw
45:12down right here so you endure the draw
45:14downs I think that's the thing like when
45:16you have the conviction you can uh go
45:18back and uh you can you can endure that
45:21uh uh
45:22>> uh can I ask a question
45:24>> you have a lot of conviction in your
45:26system I can see um it's back tested for
45:2942 years
45:30>> or you taking profits uh as you go or do
45:34you have so much conviction in your
45:36system that you're just going all in to
45:39make as much money as possible by
45:40compounding the profits?
45:41>> 100%.
45:43>> You're all in compounded.
45:45>> Yeah.
45:46>> Cuz you can never predict the future.
45:48Something could happen that's never
45:50happened in the in the last 50 years.
45:51But you feel still confident with
45:54conviction.
45:54>> Yeah. I might hit a 50% draw down, but
45:57if you look at it, this is all the money
45:59I made, right? like, yeah, even if it
46:01goes back to 50%, all I'm going all I'm
46:03going back is like 3 months ago because
46:06I went from 560 to almost a million
46:10dollars here in just like 3 months.
46:13Even if it even if I have a 50% draw
46:15down, yeah, I'm just going back to 3
46:17months ago. It's not a huge deal. This
46:18is all bonus for me. I already made a
46:20lot of money uh in this strategy, right?
46:23So, I'm just going to let it continue.
46:24And I know how because um this is built
46:27on um very simple concepts like these. I
46:31know it is going to work. Uh because
46:34that's how the market behaves. That's
46:35there is no um other way that the market
46:38like the market tendencies cannot
46:40change, right? It's all fear and greed.
46:41Like when the people are uh fearful,
46:43they sell and then you go below the 250
46:45moving average and when they're greedy,
46:47it comes back up and then you you
46:50participate in that. So it's based on
46:51simple concepts like that that makes it
46:54uh act to the conviction. But if I have
46:56a strong like if I have a very complex
46:58strategy with like oh like if the moon
47:02aligns with the earth and then Jupiter
47:04is here uh in this in this formation
47:08then go by TQQ then that's not a good
47:11strategy. It's not going to work because
47:13it's not made on the timeless market
47:16tendencies right. Um so that's why I
47:19feel very confident and I have a lot of
47:21conviction in here.
47:22>> Now Malik it's a fantastic fantastic
47:26presentation. I think you've given an
47:28excellent insight way more value than
47:30you ever than uh you ever needed to but
47:33like this is kin for this is
47:34transparency. I don't really have much
47:37else to say because I think you've
47:38covered everything. It's just
47:41mostly if uh to summarize if someone
47:43wants to get started in doing this other
47:45than clicking the link below to find out
47:47more information about you. How would
47:49you recommend they even started in the
47:51process that you've gone through?
47:52>> If somebody is interested in uh
47:54systematic trading, I would recommend
47:57first of all like spending time in the
48:00market doing manual trading just like
48:02how I did. Uh if you don't trade, you
48:06won't know these market tendencies. um
48:08you have to be in the uh trenches to
48:11actually feel and experience that. So
48:14the first thing is like uh start with
48:17less money like 5,000 10,000 whatever it
48:19is like you know very small very small
48:21money you don't care about try out all
48:23these things like swing trading if
48:24you're interested in uh position trading
48:26go try all these things and uh uh
48:29experience that pain and uh that uh
48:33happiness of when you make money right
48:34like all that thing you need first
48:36experience that then go and see uh model
48:39like during that time you'll get your
48:41own ideas and thoughts you'll be able to
48:43create your own strategies uh from your
48:46market experience. That's when you'll
48:48have a strong conviction. But if you
48:49borrow an idea from somebody else, you
48:51won't have that conviction and you're
48:53going to abandon that strategy when it
48:55is in a drawup. So that's my
48:58recommendation like spend some time
49:00figure out who you are. um figure out
49:02what are the what makes sense to you and
49:04then see if you can model that like
49:06learn some coding uh either Python or
49:09something like that C# or whatever that
49:11you are uh Java or whatever language you
49:14are comfortable with uh learn and then
49:17um go and model that back test keep back
49:20testing I have back tested almost
49:23300 to 350 strategies only seven of them
49:27actually worked the rest of them are all
49:29like people say Oh, buy the dip or uh do
49:32this, right? Like breakouts or
49:34breakdowns, supports and resistance.
49:36None of them actually uh have an edge.
49:38Uh they don't work. They might they look
49:41like they work on the chart, but when
49:43you take all the 40 years of data and uh
49:46run that uh uh model against that, uh
49:49they don't make money. They don't they
49:50can't beat QQQ. They can't beat beat
49:52TQQQ. Uh they'll make money, but they're
49:55not as good as buy and hold of QQQ,
49:57right? So
49:59um you can't believe everything whatever
50:01is there uh especially on Twitter most
50:03of those strategies look like good good
50:05on maybe some specific periods of time
50:08but uh they don't look great over a long
50:10period of time like they don't have that
50:12they don't because they're not based on
50:13actual market like the how the market
50:15goes u and they also don't believe in
50:18the complexity like don't think that
50:19your strategy has to be super complex to
50:22make money uh I I the seven strategies
50:25that have worked for me are the simplest
50:26of the simplest strategies and uh they
50:29just work. Yeah. I mean there are some
50:31people like you know uh Jim Simons and
50:33all those guys like you know big hedge
50:34fund guys they thrive on the complexity
50:37and they have made money but I'm not
50:39them right like again as I said I have
50:41to play my own game and I let everybody
50:43else play their own game. So
50:46>> no I think that's the
50:47>> go on do you have any final word? I
50:49thought that was the perfect way to
50:50close out but go if you have a final
50:52final words. Um yeah, reach out to me on
50:56uh you can reach out to me on Twitter.
50:57Um my handle is uh real TQQQ trader. Um
51:02and um yeah, initially I started with
51:04TQQQ, so I just kept it as that and um I
51:08don't see a whole reason like I don't
51:10see a reason why I'll be um moving away
51:13from this strategy uh at all. So I plan
51:16to run this for the next decade, two
51:18decades. And uh yeah, right now it's a
51:20seven figure strategy and uh I don't see
51:22why it can be a 10igure strategy because
51:24it can scale um huge um millions and
51:28even to billions. So yeah, I'll I'll
51:31keep running this.
51:32>> We'll be I'll be following. I'm sure
51:34everyone else will be following. I'm
51:35going to be looking for the updates and
51:37I'll be seeing the updates on Kinfo,
51:38which is which is beautiful. But two two
51:40things that really stuck out to me is uh
51:43play your own game. Play to your own
51:45strengths. Um don't play someone else's
51:47game. Play your own game. I think
51:48couldn't have been said more
51:49beautifully. And the other thing is that
51:51you've tested was it 350 strategies and
51:54only seven of them. You've decided to
51:56look at 350 strategies that you think
51:58had a chance at working and only seven.
52:01Only seven. So you've got to do your
52:02work. Malik, thank you so much for your
52:04time. It's the probably the most
52:05informative episode we've ever done. I
52:08think it definitely delivers on the
52:09promise that we made at the start and uh
52:14check the questions and the comments in
52:15a in a in a in a week or so because I'm
52:17sure it's going to be fun.
52:19>> Awesome. Uh again, thank you very much
52:21for reaching out to me and uh it's a
52:23blast to uh share my journey and uh
52:27everything else. So um yeah, really
52:29thankful and I appreciate that.
52:34[Music]

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