In this episode, Magus shares his 11-year trading journey - from early tech stocks and silver to BitMEX-era crypto and full-time trading through the COVID crash. We dive deep into order flow, open interest, spot vs perp dynamics, and how market structure has evolved with ETFs and institutional flows. Magus explains his execution style, hedging philosophy, fixed sizing approach, and how professionalism, journaling, and emotional discipline shaped his edge. The conversation also explores DeFi as a “kingmaker” trade, reflections on missed opportunities like Hyperliquid, the current state of altcoins, and Bitcoin’s need to prove itself in a world where metals and equities are strong. We close with lessons on humility, ego balance, and surviving long enough to stay in the game.
00:00 Intro, Magus background, Going full-time, COVID crash and DeFi saving the year
05:02 Trading evolution, moving averages/Ichimoku -> order flow and auction market theory “light bulb moment”
08:28 Entry framework, momentum vs reversion, why open interest mattered and how that edge changed
20:45 Defending drawdowns, hedging one-to-one with perps, why most hedges “lose” but save you when it matters
31:14 Social media & FOMO, why CT warps expectations and how to avoid chasing everything
33:53 Execution + Insilico Terminal usage, market-in/limit-out, chase orders, resting orders, manual vs hard stops
53:05 Higher timeframe views, Bitcoin underperformance vs equities/metals, rotating profits into TradFi and closing
