About
The Stochastic Ledger is a quantitative research and trading blog. Although the content is quant-heavy, the goal is clarity and accessibility for the average retail trader. You’ll find logically driven research notes spanning microstructure, price action, and statistically grounded technical analysis. Unlike most blogs and media on trading, I have zero interest in selling a strategy or becoming another Youtube guru. The main focus is studying markets and associated statistically phenomena.
The content on this blog is for informational and educational purposes only. It does not constitute investment advice, stock recommendations, or a solicitation to buy or sell any securities. Trading stocks, options, and futures involves high risk, and you may lose your entire investment. The author is not a registered financial advisor. Always consult with a professional before making financial decisions.
About me
I am a theoretical physicist by training, and remain active in scientific research. I am also interested in studying and modelling financial markets, and I am an active day trader (it is inside knowledge that many physicist's also participate in the markets).
The purpose of this blog is, firstly, to serve as a document of my journey in day trading. Secondly, my goal is to describe my understanding of the microstructure theory of markets and in taking a first-principle quantitative approach to trading. As an academic and scientist, emphasis is placed mainly on a research and scientific orientated approach to studying market behaviour. A key theme that will run throughout this blog is inference: extracting signal from noisy data with as minimal assumptions as possible, and with clearly testable hypotheses.