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Sebastian Raffaele

👤 Person
306 total appearances

Appearances Over Time

Podcast Appearances

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

And what the market is going to do is take money away from you when you're trying to push too hard. So we made that mistake running the algorithms really aggressively and trying to make money really fast. And I think It's so funny because it comes down to the same thing over and over again.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

Like the analogy I gave you at the start of the podcast, like you don't want to become a doctor and then wake up qualified. The market is exactly the same. You don't decide you want to be rich and then wake up rich. The market is something that takes time to pull money out of.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

Like the analogy I gave you at the start of the podcast, like you don't want to become a doctor and then wake up qualified. The market is exactly the same. You don't decide you want to be rich and then wake up rich. The market is something that takes time to pull money out of.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

Like the analogy I gave you at the start of the podcast, like you don't want to become a doctor and then wake up qualified. The market is exactly the same. You don't decide you want to be rich and then wake up rich. The market is something that takes time to pull money out of.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

So once we strip that back and started to run the algorithms significantly less aggressively and built in a model that actually covered the downside completely, this is where the product really started excelling. Everyone can make money while the market's going up, but no one's making money when the market's going down and when the market's going sideways.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

So once we strip that back and started to run the algorithms significantly less aggressively and built in a model that actually covered the downside completely, this is where the product really started excelling. Everyone can make money while the market's going up, but no one's making money when the market's going down and when the market's going sideways.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

So once we strip that back and started to run the algorithms significantly less aggressively and built in a model that actually covered the downside completely, this is where the product really started excelling. Everyone can make money while the market's going up, but no one's making money when the market's going down and when the market's going sideways.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

So we actually realized the key in a financial market is to cover the downside and the upside will take care of itself. And the key is to not try and make money really quickly because you may have a good calendar year, you may have a good few months,

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

So we actually realized the key in a financial market is to cover the downside and the upside will take care of itself. And the key is to not try and make money really quickly because you may have a good calendar year, you may have a good few months,

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

So we actually realized the key in a financial market is to cover the downside and the upside will take care of itself. And the key is to not try and make money really quickly because you may have a good calendar year, you may have a good few months,

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

But even running an automated system is no different to manual if you're pushing it to its limits, trying to pull really fast monthly percentages out of the market. So we realized with our product, as soon as we had that moment, yeah, it was disappointing. Yeah, I lost a little bit of money. I'm happy to admit that. But at the end of the day, What we got out of that mistake was where we are now.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

But even running an automated system is no different to manual if you're pushing it to its limits, trying to pull really fast monthly percentages out of the market. So we realized with our product, as soon as we had that moment, yeah, it was disappointing. Yeah, I lost a little bit of money. I'm happy to admit that. But at the end of the day, What we got out of that mistake was where we are now.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

But even running an automated system is no different to manual if you're pushing it to its limits, trying to pull really fast monthly percentages out of the market. So we realized with our product, as soon as we had that moment, yeah, it was disappointing. Yeah, I lost a little bit of money. I'm happy to admit that. But at the end of the day, What we got out of that mistake was where we are now.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

And now we understand that if you want to trade a financial market, this is something that is going to take time. You're not going to wake up and be a millionaire and achieve all your dreams straight away, even running an automated system. It requires patience and it requires an understanding that this is a vehicle that can create you passive income.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

And now we understand that if you want to trade a financial market, this is something that is going to take time. You're not going to wake up and be a millionaire and achieve all your dreams straight away, even running an automated system. It requires patience and it requires an understanding that this is a vehicle that can create you passive income.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

And now we understand that if you want to trade a financial market, this is something that is going to take time. You're not going to wake up and be a millionaire and achieve all your dreams straight away, even running an automated system. It requires patience and it requires an understanding that this is a vehicle that can create you passive income.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

That in itself is so powerful, but don't go and try and push it to the point where it's replacing your salary or things like this, because until you get there, until you have the actual capital to let the system do that for you, you have to see the vision. And that's the most important thing. These parameters and these systems can't be pushed too hard. There needs to be a blend of risk and reward.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

That in itself is so powerful, but don't go and try and push it to the point where it's replacing your salary or things like this, because until you get there, until you have the actual capital to let the system do that for you, you have to see the vision. And that's the most important thing. These parameters and these systems can't be pushed too hard. There needs to be a blend of risk and reward.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

That in itself is so powerful, but don't go and try and push it to the point where it's replacing your salary or things like this, because until you get there, until you have the actual capital to let the system do that for you, you have to see the vision. And that's the most important thing. These parameters and these systems can't be pushed too hard. There needs to be a blend of risk and reward.

Code Story: Insights from Startup Tech Leaders
S10 E5: Sebastian Raffaele, Minotaur Trading Systems

And to be honest, that blend should be significantly more on the side of risk-adversity and running the system at a very low scale to pull consistency and sustainability out of the market.