I manage systematic strategies through a regulated partnership, $3.7M+ in live capital, and I write about how the work actually gets done. No hot takes. No PnL screenshots. Just the process.
Systematic books model max drawdown but almost never model recovery time. Time-under-water reveals what allocators actually experience, and it belongs in your monthly reporting.
Thanks man. Really appreciate it. You're a big inspiration for why I went into algo trading.
I've followed you since I learned you were also a Dante student. I really appreciate the time you take with everyone and Darwinex. You inspired me to re-open my old folders from 2018 and get back into automation alongside my discretionary trading. Trading is an insular game and I place zero faith in 99% of what I see, but I know a real one when I come across it.
Found you through @Trader_XO and immediately loved the content. I wish I could filter good content on X and avoid the noise!
I'm Kieran Duff. I manage systematic strategies through a regulated partnership, with $3.7M+ in live capital. The strategy went live on 28 April 2025. I'm starting to write the things I wish someone had told me at the start of my career, because they were not, anywhere, written down.
If you can't write it down, you don't have a system.
The letter covers what I actually do: position sizing, risk allocation, drawdown management, regime detection, at the level of detail I'd want from someone twenty years ahead of me. You won't find calls, screenshots, or hot takes. You'll find process.
One long-form piece on how I run the book. No promotions, no third parties, no upsells.
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