mmmatt (@mmmatt) header
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mm + quant + predatory trader // building mattDOM and frontierLLM // rather say nothing if they gotta ask

Joined April 2014
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few months ago, before i had the $ i have today, i was approached by serial pumpfun deployers who were up millions of dollars via: -make a coin on pumpfun -make a twitter for said coin -promote it as legitimate "tech" -cash out via bundling the launch, and dumping on the first day, once volume slightly died down they tried to social engineer me to do it. they tried befriending me, making me seem like a good/smart guy. when i rejected their offer for a percentage of the profit, if i made my own coin and promoted it on x, i told them that this goes against my morals. they tried to convince me there was nothing wrong about misleading my audience, and extracting capital from them. they, however, didn't realize I was a bit smarter than them, and could see right through their attempts to befriend me to get to your guys' money. Ansem, on the other hand, appears as if he wasn't smart enough to realize that for himself, nor does he have morals, as he has been misleading and extracting for years. Just so you know, I could've used the $ they were offering me. I was dirt poor, unable to afford the vet for my dog, unable to afford going out for myself.. etc But Ansem? He already has a ton of money, and he continues to extract/scam this space- he doesn't need the money anymore, yet he continues to do it. so, just consider that with all that is happening. you have to make the decision of being an evil person every time you do it. and a person who was living in poverty chose not to extract from his audience, while a rich influence like Ansem went the other way and has been extracting from ct for years. pumpfun/fomo/robinhood chain, they all have to go, for majors to succeed. and you guys have to stop making the wrong people famous, fr
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gm bois. mm execs + pnl on $btc and $eth from overnight tight weekend range, as to be expected
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only real trading that occurs on majors these days has been during the work week. my fills on all venues die out as soon as friday usa sesh closes. it's been like this for 5 or 6 weeks now from what i've personally observed. just some weekend algos on tape. but yeah, in general it appears nobody is really interested in crypto for now. no influx of retail is coming to save anyones bags. especially not any pumpfun/fomo/robinhood bags. it's going to take a while to interest normies in majors again. and yeah when that eventually happens, takes time but they do trickle down from legitimate crypto back down into the scam ecosystems like pumpfun/fomo/robinhood/sol/whatever. not saying those extraction schemes are dead forever. if you think those scam venues attract retail, you are wrong. it does the opposite. normies can reflect on instantly losing 100% of their money, unlike most people on x, who continuously lose everything every week. hyper hopeful gamblers but yeah for probably lil decent amount of time, we'll prob trend down or chop during weekdays. and following the behavior of the past 5w, we'll be stuck in an inactive non-volatile range all weekend. anyone who was long this week got completely wiped out. these people should reconsider trading entierly, as it was actually a very easy market to profit in. for once, flow lined up perfectly with sessions opening and closing during the work week. and it was really easy to observe participants step in as it happened. TA didn't work, but it never works. TA isn't real, and if you use it, you might as well go ask a tree what bitcoin will do. you'll literally get the same w/r as using TA. TA doesn't work, it's simply your imagination finding correlations that aren't real/consistent. so it really amazes me how bullish all the traders on this site were. and yes, they were all using TA aspects to determine "oh we went down. so now we go up. TA WOW" in this industry, you get forward by lifting yourself up. not by lifting up others, or a group, just yourself. which is why im glad i took so many years in learning how to properly trade via trial by fire w/ coding my own algos for trading perps on majors. not learning from books, videos, people on x, or anywhere besides what my eyes saw on the orderbook and tape, and my personal trading. algo trading majors is the only way to do this stuff properly. the sooner you admit that to yourself, the better off you will be. nobody will make a cent on pumpfun, fomo, or even robinhood chain. those are designed to extract from you. and none of you, not even me, are an exception that will beat their design and intentions. yap yap yap. saying this stuff to implore you to reflect not just on your trading, but your decision making, if you lost money this week. again, this was the easiest/best trading week we had in a while. so if you lost here, you will lose in every situation too. normally i like to come on here and encourage everyone to do their best. but reality is 99% of you won't make it. the only way to be serious about this stuff, and make any sort of sustainable money, is by algorithmic trading on majors. so if you lost this week, you'll lose next week, next month, and forever, until you decide to be honest with yourself, and address whatever the problem is. whether it's where/what you're trading, or if you have problems as an individual w/ emotions/patience/discipline. market is going nowhere, and there's no reason to lose forever until you have no way to move forward- take time away and go reflect. love you bois, but you don't deserve to suffer. trade correctly, or don't trade at all- you don't need to live in hell. <3
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timeline has completely gone quiet. all the government operatives are off this weekend?
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more $btc and $eth mm execs + pnl pnl is goin up slower cuz pa is a lot less volatile and flow has toned down a lot. but, we are still accruing more pnl consistently. probably concludes my recent upgrades and fixes to mm. glad i got it in a good spot again :D
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some $btc and $eth mming. execs + pnl weekend pa and weekend flow has started. abysmal
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dayum just realized my first loss in 3-4 days. -$140 i was delta short w/ mm on $btc and $eth. ran an errand with holds enabled. the hold timed out when i was out, but it didn't reduce my position how it usually does when it starts losing. it should've cut more, but ig recent code changes have affected that behavior all goodie! looking into the code now for what happened. still up for the day, up a lot for the week. so we're gravy just sharing this, bc integrity is important to me, i will always be honest w you bois. but also, i want you to realize even profitable traders sometimes have to realize a loss. thank god this loss was relatively small. but ye i am delta neutral now, and have settled that inventory for that loss. i would show screenshot of the PNL loss, but i have already reset the pnl on mattexecs so ye
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yay all done. hopefully no more bugs. last fixes were bugs that were recorded but not observable as they were so granular. so, we should be good now :)
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poor AI
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mannnnnnnnnnnnn. no behavioral bugs anymore, but there's some bugs in the mm logs appearing. not bugs necessarily where something doesn't work. it's just clearing the perp books for weird reasons and some other stuff gna fixie rn. hopefully done fixing after this XD typically, when working on code like this. if the bugs you're addressing don't seem random, and get more granular and less harmful to your process as you fix them, you're making progress. if the bugs seem unrelated/random, and are equally impactful if not more, then you're not progressing and instead, making it worse in this case, there's no behavioral bugs or bugs i actually notice. and mm is profiting. but in the logs, with codex i found some very slight bugs. so ye, we're on the right track fixing rn, will prob be done fast :)
ok had a few behavioral issues w mm but it's all been resolved. after this tweet, some rare paths were sometimes causing a race condition between api calls for balance and something else internally w the mm. would end up clearing our book as the internal path would get taken b4 balance call ever arrived back, and it would assume we had $0 on cb, clearing our book for orders that were already funded/recorded haven't had a race condition in a year or two. doesn't happen due to poor programming in this case, happened because some paths got heavily changed a few days ago when i was working on the signal related code (the stuff that recently improved profitability a lot). and i guess in some way i caused that mechanism to conflict, and cause the race condition all has been fixed and has been running well for 30-40ish mins :) i am hoping that is the last bug fix. i changed a ton of very sensitive parts of the mm code, when i was working on signal. so having to clean up downstream bugs was to be expected. i only find the bugs from heavily using every feature. but ya, hoping that is the last of them, as todays bug only occurred during mode transition on multipair (not singlepair) text based yap over
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ok had a few behavioral issues w mm but it's all been resolved. after this tweet, some rare paths were sometimes causing a race condition between api calls for balance and something else internally w the mm. would end up clearing our book as the internal path would get taken b4 balance call ever arrived back, and it would assume we had $0 on cb, clearing our book for orders that were already funded/recorded haven't had a race condition in a year or two. doesn't happen due to poor programming in this case, happened because some paths got heavily changed a few days ago when i was working on the signal related code (the stuff that recently improved profitability a lot). and i guess in some way i caused that mechanism to conflict, and cause the race condition all has been fixed and has been running well for 30-40ish mins :) i am hoping that is the last bug fix. i changed a ton of very sensitive parts of the mm code, when i was working on signal. so having to clean up downstream bugs was to be expected. i only find the bugs from heavily using every feature. but ya, hoping that is the last of them, as todays bug only occurred during mode transition on multipair (not singlepair) text based yap over
i think its fixed naow
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mmmatt retweeted
Ansem, you’re flexing $12.6 million in annualized Pump rewards. Show us how the followers generating that activity performed. When followers become exit liquidity while the promoter keeps collecting, the slaughterhouse comparison writes itself. Call it what you want. I call it blood money. Monetizing people’s trust and then bragging about the payout is fucking soulless. Alon, where’s the promised Pump airdrop? Publish the allocations. Show what goes to users and what goes to promoters. And the Kimchi idea you guys promoted raises the same question: what lasting value did buyers receive? If literal teenagers are part of the audience, explain the safeguards, the disclosures and who got paid. Selling inexperienced people a future while treating them as a revenue stream is parasitic. Stop funding these guys’ lifestyles with your money. In my view, Alon and the people enabling this culture have helped ruin crypto. We need better leaders. A generation of young people deserves more than becoming someone else’s most profitable audience.
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i think its fixed naow
been fixing some bugs on the cb leg of v22mm for 3hrs first: mode switching on a live run on multipair didn't fully switch for all coins we're mming fixing that caused cb spread to dissapear completely next fix caused only bids to deploy, no ask next fix caused bids to deploy on one coin, and the ask to deploy on the other (lol) next fix led to only cb btc bid posting, no ask and nothing on eth lets see what this next fix does xD
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ah, it was this
Guess not: *MICROSOFT IS WINDING DOWN ORACLE DEAL TO RENT AI CLOUD CAPACITY
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some news just drop? flow became aggressively more bearish, with a lot more volume
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been fixing some bugs on the cb leg of v22mm for 3hrs first: mode switching on a live run on multipair didn't fully switch for all coins we're mming fixing that caused cb spread to dissapear completely next fix caused only bids to deploy, no ask next fix caused bids to deploy on one coin, and the ask to deploy on the other (lol) next fix led to only cb btc bid posting, no ask and nothing on eth lets see what this next fix does xD
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🤝
well. hate to be that guy, but i'm just going to state an observation. i have not seen a single bear post on TL this morning. each chart, each "thesis"- everyone is expecting a bounce. the crowded trade is longing the highs. which it appears everyone has done. if we even deviate back to the local lows, liqs and stops will take us lower. igniting momentum, which sellers will sell hard to follow thru in trading, the most important lesson, is knowing how to spot crowded sentiment. very small percentage of what you consider "data", should come from TL. but i always use TL to start said observations, and yeah. everyone is bullish and probably crowded into longs. $btc will more than likely go lower throughout today also, for gods sake guys, stop drawing squiggly up lines on your charts. it's 0 alpha, and makes you look like a hopeful child
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well, that was obvious. said it would happen 3 hours ago. directional inv on $btc and $eth, settled inv for +$350 profit pnl + execs i am back to delta neutral w/ holds disabled. will remain delta neutral till tonight/tomo
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