u/Kindly_Preference_54 ·
Reddit — r/algotrading
· July 18, 2026 at 14:39
· ⬆ 19 pts
· 💬 20 comments
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AI Summary
Summary
The post shares two quotes from George Soros and Jim Simons that the author credits for their profitability in HF news trading and swing trading.
The thesis is that trading success comes from betting on the unexpected (contrarian, surprise-driven) and relying purely on data without preconceived models.
Quality assessment: Speculation / general trading philosophy, not a detailed DD. No specific data, analysis, or trade setups are provided.
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Comments20
Upvote %88%
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Hey everyone,
This quote by one of the greatest traders of all time expresses the idea that made me profitable in HF news trading:
>"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected." - George Soros
And this quote by the greatest algotrader of all time expresses the idea that made me profitable in swing trading:
>"We don’t start with models. We start with data. We don’t have any preconceived notions. We look for things that can be replicated thousands of times." - Jim Simons