FXCross-rate misalignment
Trade EUR/JPY = EUR/USD x USD/JPY divergences
Source: alliocapital.com
DruckenmillerCapital preservation first
Cut losers fast; let winners run; never give up gains
Source: analyzingalpha.com
DruckenmillerAnticipate liquidity flows
Trade ahead of central bank liquidity injections/withdrawals
Source: analyzingalpha.com
DruckenmillerInflection point identification
Identify regime changes before consensus catches up
Source: analyzingalpha.com
Tudor JonesRisk-defined trade structuring
Always know max loss before entry; 5:1 R/R minimum
Source: repool.com
Tudor JonesTechnical-fundamental hybrid
Combine fundamental thesis with technical entry timing
Source: repool.com
Tudor Jones200-day MA filter
Don't fight the 200-day; respect long-term trend
Source: repool.com
Tudor JonesAsymmetric R/R hunt
Hunt for trades with capped downside large upside
Source: repool.com
Brevan HowardMulti-strategy macro book
Combine rates FX commodities equity sovereign across portfolio
Source: marketfolly.com
Brevan HowardVol-targeting risk allocation
Target risk contribution rather than nominal across themes
Source: marketfolly.com
BridgewaterRisk Parity allocation
Equal risk weight across stocks/bonds/inflation/commodity
Source: alliocapital.com
BridgewaterAll Weather components
Diversify across 4 economic regimes (growth+inflation matrix)
Source: alliocapital.com
BridgewaterPure Alpha overlay
Discretionary alpha overlay on top of risk parity beta
Source: alliocapital.com
Tudor SystematicTrend-following overlay
Systematic trend signals as overlay on discretionary book
Source: quantpedia.com
Lee CoopermanLong/short value macro
Discretionary value picks with macro overlay
Source: marketfolly.com
Joel GreenblattMagic Formula macro tilt
Quality + value with macro regime filter
Source: quantpedia.com
Country RotationCountry basket rotation by macro score
Rotate country baskets based on growth/inflation/policy scores
Source: alliocapital.com
Country RotationTop quartile macro country long
Long top quartile by macro composite ranking
Source: alliocapital.com
Country RotationBottom quartile macro country short
Short bottom quartile macro countries (where allowed)
Source: alliocapital.com
Risk MgmtTail-risk hedging via puts
Buy 5-10% OTM puts on equity index for tail protection
Source: alliocapital.com
Risk MgmtVol regime sizing
Reduce gross when vol regime shifts higher
Source: repool.com
Risk MgmtStop on thesis violation
Exit when fundamental thesis is invalidated; not just price stop
Source: analyzingalpha.com
Risk MgmtPosition size by conviction
High-conviction bigger size; standard 1-3% account
Source: analyzingalpha.com
Risk MgmtCorrelation-aware position sizing
Account for correlated bets when sizing - aggregate risk matters
Source: repool.com
DiscretionTop-down macro thesis writing
Write thesis with measurable invalidation criteria before entry
Source: repool.com
DiscretionPre-mortem analysis
Imagine trade has failed; what was the cause? Test thesis
Source: analyzingalpha.com
DiscretionCatalyst-driven entry
Identify specific catalysts that will trigger thesis to play out
Source: analyzingalpha.com
DiscretionLiquidity-aware entry
Enter only when liquidity allows graceful exit if thesis breaks
Source: repool.com
DiscretionPivot decisively when wrong
Soros: When you're wrong cut and reverse decisively (not stubbornly)
Source: analyzingalpha.com
Cross-AssetRisk-on/risk-off basket
Long risk-on basket (EM+credit+commodity) vs risk-off (UST+JPY+gold)
Source: alliocapital.com
2-10 inversion recession bet
RatesBias
Position for recession 12-18 months after 2-10 inversion
Source: quantpedia.com
2008 GFC short subprime
Crisis TradesShort
Big Short style trade against subprime mortgage CDS
Source: alliocapital.com
2010 EU debt crisis
Crisis TradesBoth
Trade peripheral spread blowouts and ECB response
Source: alliocapital.com
2018 Volmageddon
Crisis TradesShort vol
Lessons from short-vol blowup; size limits paramount
Source: quantpedia.com
2020 COVID crash V-recovery
Crisis TradesLong
Long massive policy response post-March 2020 lows
Source: alliocapital.com
2022 LDI gilt crisis
Crisis TradesBoth
Trade BoE intervention reactions to UK pension crisis
Source: alliocapital.com
2023 SVB regional bank
Crisis TradesShort
Short KRE during regional banking crisis
Source: alliocapital.com
2024 Yen carry unwind
Crisis TradesReversal
Long JPY short risk during yen carry unwind
Source: alliocapital.com
AI productivity boom
ThemesLong
Long AI infrastructure/beneficiaries on productivity thesis
Source: alliocapital.com
Agri food security thematic
CommoditiesLong
Long grains during war/disruption (Russia-Ukraine wheat)
Source: quantpedia.com
Argentina/Venezuela default trade
Sovereign DebtBoth
Trade distressed sovereign debt around default events
Source: repool.com
Boom-bust cycle long ride
ReflexivityLong
Buy through bubble formation; recognize unsustainable trajectory; exit pre-burst
Source: alliocapital.com
Boom-bust cycle short collapse
ReflexivityShort
Short when reflexive collapse begins (Soros-style 1992 GBP)
Source: alliocapital.com
Carry trade with regime filter
FXLong carry
Long high-yield FX (AUD/NZD/EM) short low-yield (JPY/CHF) in low-vol regimes only
Source: repool.com
Carry unwind during risk-off
FXReversal
Reverse carry trades sharply during risk-off events; classic 2007/2024 yen unwinds
Source: repool.com
Central bank divergence trade
RatesBoth
Long FX of hawkish CB vs dovish (e.g. USD long during Fed hike cycle)
Source: repool.com
China deleveraging short
EM SpecialistShort
Short China on property-sector deleveraging concerns
Source: alliocapital.com
Climate transition long renewables
ThemesLong
Long renewables (TAN/ICLN) during policy support waves
Source: alliocapital.com
Climate transition short carbon
ThemesShort
Short coal/heavy-emission energy as policy tightens
Source: alliocapital.com
Concentrated high-conviction bet
DruckenmillerLong/Short
5-10 best ideas at large size; not over-diversified
Source: analyzingalpha.com
Copper as growth proxy
CommoditiesLong
Long copper during global growth acceleration
Source: quantpedia.com
Country pair trade
EquityBoth
Long EWA short EWZ as relative value within EM
Source: alliocapital.com
Cross-country rate divergence
RatesBoth
Trade rate spread between US/Germany/UK based on policy paths
Source: repool.com
Crypto as alternative reserve
ThemesLong
Long BTC as digital gold alternative reserve
Source: alliocapital.com
Currency peg break (1992 GBP)
FXShort
Short pegged currency under fundamental pressure when central bank can't defend
Source: alliocapital.com
Currency peg break (1997 Asian Tigers)
FXShort
Short Thai baht / Korean won during fixed-peg crisis
Source: alliocapital.com
Currency peg break (2015 SNB CHF)
FXBoth
Trade pre-de-peg vol expansion or post-de-peg directional move
Source: alliocapital.com
Current account dynamics
SovereignBoth
Surplus countries' currencies tend to strengthen long-term
Source: alliocapital.com
De-globalization reshoring
ThemesLong
Long reshoring beneficiaries (US semis/industrials)
Source: alliocapital.com
Defense spending NATO
ThemesLong
Long ITA/PPA on rising NATO defense spending
Source: alliocapital.com
Demographic aging long bonds
ThemesLong
Aging demographics support secular bond demand
Source: alliocapital.com
Demographic aging short EM growth
ThemesShort
EM with declining workforce face headwinds
Source: alliocapital.com
EM debt hard-currency bond
EM SpecialistIncome
EMB/PCY for diversified EM dollar-denominated bond exposure
Source: quantpedia.com
EM local-currency bond
EM SpecialistBoth
EMLC for EM local currency bonds (FX + rate exposure)
Source: quantpedia.com
EM vs DM rotation
EquityBoth
Long EEM short EFA when EM macro improving
Source: alliocapital.com
Election uncertainty hedge
GeopoliticalHedge
Buy puts pre-elections in major countries
Source: alliocapital.com
Energy transition copper demand
ThemesLong
Long copper for EV/grid electrification demand
Source: quantpedia.com
Eurodollar pack steepener
RatesSteepener
Trade Eurodollar futures pack steepening
Source: repool.com
Fixed income relative value
Brevan HowardBoth
Trade rate curve mispricings across countries
Source: marketfolly.com
Front-end policy bet
RatesBoth
Trade Fed/ECB rate path differences vs market pricing
Source: repool.com
Frontier markets allocation
EM SpecialistLong
FRN/FM for frontier-market equity diversification
Source: alliocapital.com
G7 currency macro
Bruce KovnerBoth
Long-form fundamental views with technical entry
Source: repool.com
Geopolitical risk premium
GeopoliticalBoth
Position for vol expansion before geopolitical events
Source: alliocapital.com
Gold as USD inverse
CommoditiesLong
Long gold during dollar weakness or real-rate decline
Source: quantpedia.com
Greek/Italian/Spanish spread
Sovereign DebtBoth
Trade peripheral Eurozone spread to Bunds
Source: repool.com
India domestic consumption
EM SpecialistLong
Long India on demographic and consumption growth
Source: alliocapital.com
Inflation hedge basket
CommoditiesLong
Long broad commodity basket (DBC) when CPI rising
Source: quantpedia.com
Lithium battery thematic
ThemesLong
Long lithium miners/ETFs (LIT) on EV demand
Source: quantpedia.com
Long-end inflation breakeven
RatesLong
Buy TIPS vs nominal Treasuries when inflation underpriced
Source: repool.com
Oil supply shock long
CommoditiesLong
Long crude during OPEC cuts or Middle East tensions
Source: quantpedia.com
Petro-currency commodity beta
FXLong/Short
Trade CAD/NOK/RUB FX with crude oil correlation
Source: alliocapital.com
Real yield trade
RatesBoth
Trade real-yield differentials between countries
Source: repool.com
Repo rate squeeze
RatesShort term
Trade repo squeeze events around quarter-end
Source: repool.com
Reserve building EM long
SovereignLong
Long EM with reserve buildup vs deficit countries
Source: alliocapital.com
Reserve currency rotation
FXTrend
Long alternative reserves (CNY/EUR) during dollar weakness regimes
Source: alliocapital.com
SOFR pack/red/green positioning
RatesBoth
SOFR future packs by year for rate cycle expression
Source: repool.com
Sanctions impact short
GeopoliticalShort
Short sanctioned-country ETFs (RSX during Russia sanctions)
Source: alliocapital.com
Sector rotation by cycle phase
EquityBoth
Cyclicals early-cycle defensives late-cycle
Source: alliocapital.com
Single-stock thematic concentration
EquityLong/Short
Druckenmiller-style concentrated bets on macro themes
Source: analyzingalpha.com
Soros reflexivity feedback loop
ReflexivityBoth
Identify self-reinforcing trends where perception alters fundamentals; ride until inflection
Source: analyzingalpha.com
Sovereign CDS arbitrage
Sovereign DebtBoth
Trade sovereign CDS vs cash bond mispricings
Source: repool.com
Sovereign country selection
EquityLong/Short
Long EWG/EWJ/INDA based on macro themes; short weak countries
Source: alliocapital.com
Sovereign credit selection
Sovereign DebtBoth
Long high-rated EM sovereigns short low-rated
Source: repool.com
Supply chain restructuring
ThemesLong
Long countries replacing China in supply chains
Source: alliocapital.com
Tech concentration
Stanley DruckenmillerLong
Concentrated long mega-cap tech during AI/secular themes
Source: analyzingalpha.com
Trade war tariff impact
GeopoliticalShort
Short tariff-impacted countries/sectors during escalation
Source: alliocapital.com
US dollar reserve diminution
ThemesShort
Short USD on long-horizon dedollarization theme
Source: alliocapital.com
Vietnam reform thematic
EM SpecialistLong
Long Vietnam on supply-chain shift and reform momentum
Source: alliocapital.com
Yield curve flattener trade
RatesFlattener
Short 2y long 30y when curve too steep relative to growth/inflation
Source: repool.com
Yield curve steepener trade
RatesSteepener
Long 2y short 30y when curve too flat (or inverted) for cycle
Source: repool.com
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.