Institutional & Partners

USE LIQUID EDGE FOR FREE

Open DappSoon

Learn systematic trading

Learn

The concepts behind systematic trading.

Nine subjects, 70 concepts, written for people who intend to build something rather than pass an exam. Each one says what it is, why it matters, and where it misleads people.

Performance Metrics

Sharpe, Sortino, expectancy, drawdown and what each one hides

Backtesting and Validation

Walk-forward, out-of-sample, and the biases that fake good results

Strategy Optimization

Search methods, ensembles, and why the best backtest is rarely the best strategy

Derivatives and Perpetuals

Funding, basis, term structure, mark price and liquidation mechanics

Options and Volatility

Greeks, implied volatility, gamma exposure and delta hedging

Risk and Position Sizing

Sizing, drawdown, correlation, allocation and rebalancing

Market Microstructure

Order flow, liquidity, execution cost and cross-venue structure

Quantitative Methods

Time-series analysis, feature engineering, regime models and machine learning

Trading Psychology

Why discipline fails, and what automation actually fixes

Every concept, A to Z

Adaptive ParametersStrategy Optimization Alpha and BetaPerformance Metrics Alternative Market DataQuantitative Methods Bayesian OptimizationStrategy Optimization Benchmark ComparisonPerformance Metrics Calmar RatioPerformance Metrics Capital AllocationRisk & Position Sizing Correlation AnalysisRisk & Position Sizing Cross-Exchange IntelligenceMarket Microstructure Delta HedgingOptions & Volatility Drawdown ManagementRisk & Position Sizing Drawdown ToleranceTrading Psychology Ensemble StrategiesStrategy Optimization Execution DisciplineTrading Psychology ExpectancyPerformance Metrics Feature EngineeringQuantitative Methods Feature SelectionStrategy Optimization Funding-Rate ModelingDerivatives & Perpetuals Futures BasisDerivatives & Perpetuals Gamma ExposureOptions & Volatility Genetic OptimizationStrategy Optimization Grid SearchStrategy Optimization Historical BacktestingValidation & Bias Implied VolatilityOptions & Volatility Liquidation RiskDerivatives & Perpetuals Liquidity AnalysisMarket Microstructure Look-Ahead BiasValidation & Bias Loss AversionTrading Psychology Mark and Index PricesDerivatives & Perpetuals Market Regime DetectionMarket Microstructure Market Regime DetectionQuantitative Methods Market StructureMarket Microstructure Maximum DrawdownPerformance Metrics Multi-Objective OptimizationStrategy Optimization Options GreeksOptions & Volatility Options PricingOptions & Volatility Order Flow AnalysisMarket Microstructure Out-of-Sample TestingValidation & Bias Overfitting DetectionValidation & Bias OvertradingTrading Psychology Parameter TuningStrategy Optimization Performance AttributionPerformance Metrics Perpetual FuturesDerivatives & Perpetuals Portfolio OptimizationRisk & Position Sizing Portfolio RebalancingRisk & Position Sizing Position SizingRisk & Position Sizing Profit FactorPerformance Metrics Random SearchStrategy Optimization Recovery FactorPerformance Metrics Reinforcement LearningQuantitative Methods Return DistributionPerformance Metrics Revenge TradingTrading Psychology Robust OptimizationStrategy Optimization Rolling PerformancePerformance Metrics Sharpe RatioPerformance Metrics Slippage ModelingValidation & Bias Sortino RatioPerformance Metrics Statistical ArbitrageMarket Microstructure Strategy CombinationStrategy Optimization Strategy DiversificationRisk & Position Sizing Strategy ReturnsPerformance Metrics Survivorship BiasValidation & Bias Term StructureDerivatives & Perpetuals Time-Series AnalysisQuantitative Methods Trade ExecutionMarket Microstructure Volatility AnalysisOptions & Volatility Volatility SurfacesOptions & Volatility Walk-Forward TestingValidation & Bias What Automation FixesTrading Psychology Win RatePerformance Metrics

Liquid Edge

Learn the concept, then run it on your account.

Start in paper mode, size up when it earns it. Nothing to install.

Seventy trading concepts
Nine clustered subjects
Plain-language definitions

Start learning See how it works