302 · Dylan Maltman - Go Where Orders Flow

In this episode of Chat With Traders, Dylan Maltman, founder of Apex Capital Management, discusses his journey into quantitative trading, starting from his early exposure at a prop firm to building his own proprietary trading firm focused on intraday futures. Dylan explains the importance of understanding strategy logic, backtesting methodologies, and risk management, emphasizing the need to avoid over-optimization and to test for robustness. He shares insights into order flow analysis, asymmetry in trading, and the nuances of trading different markets, highlighting the significance of adapting strategies to market personalities. Dylan also touches on the challenges discretionary traders face and offers advice on position sizing and managing drawdowns, and stresses the importance of enjoying the learning process and avoiding self-criticism.