StonXBT joined the Insilico Terminal Podcast to talk about his path from early crypto, learning market profile and order flow, trading on a prop desk, and building a risk-first approach to markets. We covered scalping DOM and iceberg orders, why most traders skip real source material, how he thinks about position sizing and leverage, turning £3k into £800k, and why the biggest returns usually come from boring trend-following rather than constantly chasing trades. We also talked about Bitcoin, Hyperliquid, crypto losing its original identity, macro risk, oil, AI, the carry trade, and why markets can keep going up even when the world looks unstable.
00:00 Intro / how Sokio first found Ston on CT
02:04 Ston’s origin story and getting into crypto
12:14 From random TA to real risk management
15:36 Scalping DOM, icebergs, and BitMEX execution
20:21 Why risk management matters more than the strategy
24:44 Why traders should read source material, not Twitter summaries
34:21 Hyperliquid, crypto’s identity crisis, and real use cases
42:38 Macro, war, oil, and why markets keep ignoring risk
01:04:12 How to make big returns with BTC/ETH and trend following
