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No Risk No Reward

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After immersing myself for years and years in the world of finance (specifically, options market making and algorithmic trading), there was no escaping this mantra of “no risk, no reward.” Most of the time, my (trading) style was fairly risk-averse. I knew how to find the signals of opportunities among the daily noise to reap small rewards. Fortunately, I also learned how to think about the outliers and to take the occasional big but calculated risks.


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