Anaideia - Blog

Flash-Crash Trading

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Our official performance reporting platform is now available at performance.anaideia.capital.

In the article, we disclose our trading execution during the largest flash crash of last quarter. This can be viewed as a case study for the kind of move we'll focus on over the coming 6 to 12 months.

What happened?

In expectation of a large correction, we had executed a significant sell across the entire portfolio, 2 days before the market started to turn.

During this time, we were going through an API key renewal (first time we had to deal with this), therefore our normal execution tools were not functioning.

WhatsApp conversation with Asset Manager
WhatsApp conversation with Asset Manager

Unfortunately, the crash happened faster than expected and outside of business hours, leaving us tied to placeholder limit orders set immediately after selling. This should never happen again, we hope to do much better in the future.

In the screenshot above we can see that our placeholder limit order on ZRX was nearly hit. ZRX then surged +300%, while the altcoin market gained ~15%. This is a perfect example of the type of play that we're trying to achieve.

ZRX (0x) rallied 400% after losing 30% in the flash crash.
ZRX (0x) rallied 400% after losing 30% in the flash crash.

Why is this meant to happen again and again over the next year?

We believe that the next year will be a slow and consistent uptrend with sharp corrections along the way. This scenario presents ongoing opportunities for trading cryptocurrency against cash, which will be our primary focus.

Derisking & Re-allocating in a volatile uptrending market.
Derisking & Re-allocating in a volatile uptrending market.

Our smart execution tools are designed to handle our buying plans during upcoming flash crashes, among other things.


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