# Crypto Playbook Reader Hub: Put the Framework to Work Source: https://robuxio.com/bookhub Markdown: https://robuxio.com/bookhub.md Explore chapter reading lists, research notes and the AI book edition. Put The Algorithmic Crypto Playbook framework to work with resources and the Robuxio course. --- [Skip to chapter resources](#chapters) [![Robuxio](https://robuxio.com/images/logos/logo.svg)](https://robuxio.com/) THE ALGORITHMIC CRYPTO PLAYBOOK · BOOKHUB # You’ve read the framework. Now put it to work. Find the chapter you’re reading and dive deeper into the topics with the help of additional resources. ## Everything you need to start trading The Algorithmic Crypto Course gives you the strategy rule codes from the book, a full walkthrough of how to use RealTest for backtesting and robustness testing, two new profitable strategies not covered in the book, a survivorship-bias-free live data set and much more. [![Pavel Kýček teaching lesson 1 at a whiteboard](https://robuxio.com/_next/image?url=%2Fimages%2Fcourse%2Flessons%2FLesson1.png&w=3840&q=75) Lesson 1 · Introduction to Algorithmic Trading](https://robuxio.com/course?autoplay=1&coupon=PLAYBOOK30)[Watch Lesson 1 for Free](https://robuxio.com/course?autoplay=1&coupon=PLAYBOOK30)[Explore the course first](https://robuxio.com/course) Choose a chapter [00 Introduction](#introduction)[01 Why Most Crypto Traders Fail](#chapter-1)[02 The Systematic Mindset](#chapter-2)[03 How Crypto Markets Really Work](#chapter-3)[04 Trading Approaches That Actually Work](#chapter-4)[05 Designing Exits That Match Your Edge](#chapter-5)[06 Building a Trading Strategy](#chapter-6)[07 Robustness Testing](#chapter-7)[08 Risk Management](#chapter-8)[09 Portfolio Design](#chapter-9) Choose a chapter [00 Introduction](#introduction)[01 Why Most Crypto Traders Fail](#chapter-1)[02 The Systematic Mindset](#chapter-2)[03 How Crypto Markets Really Work](#chapter-3)[04 Trading Approaches That Actually Work](#chapter-4)[05 Designing Exits That Match Your Edge](#chapter-5)[06 Building a Trading Strategy](#chapter-6)[07 Robustness Testing](#chapter-7)[08 Risk Management](#chapter-8)[09 Portfolio Design](#chapter-9) ### Introduction · The case for systematic trading ![Pavel Kýček on a Robuxio market analysis thumbnail: crypto vs Bitcoin](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2Fintro-market-analysis.jpg&w=3840&q=75) Robuxio in conversation From 1:13 TraderLion Conference Full conversation · starts at the selected moment Listen to Pavel dive deep into why crypto is an asset class worth trading, but not buying and holding. In this TraderLion podcast episode he dives deep into the market structure and behavior of the asset class. RELATED READING - [Top 50 crypto vs. Bitcoin vs. S&P 500 Explore up-to-date versions of the charts from Chapter 1: the top 50 crypto assets compared with Bitcoin, the S&P 500 and more.](https://robuxio.com/benchmarks) - [A Bitcoin ETF Is Not a Crypto Strategy See why passive Bitcoin ETF exposure is not the same as a crypto strategy, and how a systematic approach differs.](https://robuxio.com/research/bitcoin-etf-not-crypto-strategy) - [Algorithmic Crypto Trading I: Trading vs. Hodling See how a simple moving-average rule compares with buying and holding Bitcoin.](https://robuxio.com/education/algorithmic-crypto-trading-i-trading-vs-hodling) CHAPTER 1 ### Why Most Crypto Traders Fail ![How retail traders find a real trading edge](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2F_wpg45NdMkM.jpg&w=3840&q=75) Robuxio in conversation From 11:53 Chart Fanatics Full conversation · starts at the selected moment Understand how market choice, timeframe and trading costs affect where a smaller trader can compete in this episode on the Chart Fanatics podcast. TEST YOUR KNOWLEDGE On what timeframe is your edge likely to persist for the longest amount of time? RELATED READING - [Trading Biases See concrete examples of how a convincing backtest can mislead you before treating it as evidence of an edge.](https://robuxio.com/education/algorithmic-crypto-trading-x-trading-biases) [All chapters](#chapters) CHAPTER 2 ### The Systematic Mindset ![Preparing for drawdowns](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2FthxnVhgyeuE.jpg&w=3840&q=75) Robuxio in conversation From 4:30 Desire To Trade 514 Full conversation · starts at the selected moment In this Desire to Trade podcast episode, Pavel covers the differences between how institutions and retail think about drawdowns. TEST YOUR KNOWLEDGE Can you describe both the depth and duration of a drawdown, and what you would investigate during one? RELATED READING - [Drawdowns Compare drawdown depth with time spent recovering, using the strategy examples in the article.](https://robuxio.com/education/algorithmic-crypto-trading-xv-drawdowns) [All chapters](#chapters) CHAPTER 3 ### How Crypto Markets Really Work ![Why a trading edge can fade](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2F9ABYVUBd6mE.jpg&w=3840&q=75) Robuxio in conversation From 11:27 Better System Trader 225 Full conversation · starts at the selected moment Explore why a pattern can weaken as a market matures, and what that means for a research hypothesis in this Better System Trader podcast episode. TEST YOUR KNOWLEDGE Why do edges become smaller as markets mature over time? RELATED READING - [Bitcoin's Easiest Trading Days Are Disappearing Examine the historical trend-efficiency charts. A changing market characteristic is a research input, not proof of a tradable edge.](https://robuxio.com/research/bitcoins-easiest-trading-days-are-disappearing) - [Extreme Volatility Spikes in Crypto Perps See how single-coin volatility spikes in crypto perpetuals are rising, even in calm markets.](https://robuxio.com/research/crypto-perp-volatility-spikes) [All chapters](#chapters) CHAPTER 4 ### Trading Approaches That Actually Work ![Pavel Kýček in conversation on The Algorithmic Advantage podcast](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2Fch4-algorithmic-advantage.jpg&w=3840&q=75) Robuxio in conversation From 34:33 The Algorithmic Advantage 040 Full conversation · starts at the selected moment See how several momentum and mean-reversion models serve different roles in this episode on the Algorithmic Advantage podcast. TEST YOUR KNOWLEDGE What are the two fundamental trading approaches that Pavel discusses in this podcast, and how does each work? RELATED READING - [Trading Approaches See the three core systematic approaches, trend following, mean reversion and breakout trading, and where each breaks down.](https://robuxio.com/education/algorithmic-crypto-trading-iii-trading-approaches) - [Breakout Trading Follow a simple breakout example and compare its entry and holding-period logic with the book.](https://robuxio.com/education/algorithmic-crypto-trading-vi-breakout-trading) - [Mean Reversion Compare the reversal idea with a continuing trend, including the risk that price does not recover.](https://robuxio.com/education/algorithmic-crypto-trading-v-mean-reversion) - [Trend Following Examine trend entries and the pattern of small losses and occasional large wins. Historical examples are not a ready-to-trade model.](https://robuxio.com/education/algorithmic-crypto-trading-iv-trend-following) [All chapters](#chapters) CHAPTER 5 ### Designing Exits That Match Your Edge ![How Pavel approaches stop losses and exits](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2F1cVxnz4OJc8.jpg&w=3840&q=75) Robuxio in conversation From 21:22 Desire To Trade 460 Full conversation · starts at the selected moment Pavel covers how your exit depends on what type of move you are trying to capture in this Desire to Trade podcast episode. TEST YOUR KNOWLEDGE What different types of exits did we cover in the book, and what are the different advantages and disadvantages of each? RELATED READING - [Trading Myth: Always Use a Stop Loss See what the data says about the rule to always use a stop loss, and where stops help and hurt.](https://robuxio.com/research/trading-myth-always-use-a-stop-loss) - [Profit Targets Hurt Performance See why profit targets reduce performance in trend and breakout strategies, and why letting winners run matters.](https://robuxio.com/research/profit-targets-hurt-performance) [All chapters](#chapters) CHAPTER 6 ### Building a Trading Strategy ![Survivorship bias and the top-10-coins chart](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2F9ABYVUBd6mE.jpg&w=3840&q=75) Robuxio in conversation From 17:50 Better System Trader 225 Full conversation · starts at the selected moment Pavel dives deep into why using a dynamic trading universe is so important and why you need to test your strategies on survivorship-bias-free data in this episode on the Better System Trader podcast. TEST YOUR KNOWLEDGE Why is using a dynamic trading universe so important? RELATED READING - [Building a Profitable Strategy Work from a market observation towards entry and exit conditions before choosing parameters.](https://robuxio.com/education/algorithmic-crypto-trading-xii-building-a-profitable-crypto-trading-strategy) - [Trading Biases Use the historical-universe and information-timing examples to challenge a backtest, including one produced with AI.](https://robuxio.com/education/algorithmic-crypto-trading-x-trading-biases) Implement the strategies from the book Use the strategy code and cleaned data to trade the book’s strategies yourself. [Get 30% off the course](https://robuxio.com/checkout/course?coupon=PLAYBOOK30) [All chapters](#chapters) CHAPTER 7 ### Robustness Testing ![Challenging parameters and daily-close assumptions](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2F9ABYVUBd6mE.jpg&w=3840&q=75) Robuxio in conversation From 25:12 Better System Trader 225 Full conversation · starts at the selected moment Follow the discussion of parameter stability and alternative daily closes on this episode of the Better System Trader podcast. TEST YOUR KNOWLEDGE What are the different robustness testing methods that we covered in the book, and what does each test tell us? RELATED READING - [Robustness Testing Examine the breakout example under different parameter choices, rather than selecting only its best result.](https://robuxio.com/education/algorithmic-crypto-trading-xiii-robustness-testing) [All chapters](#chapters) CHAPTER 8 ### Risk Management ![Pavel Kýček on a Robuxio market analysis thumbnail: crypto vs Bitcoin](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2Fintro-market-analysis.jpg&w=3840&q=75) Robuxio in conversation From 54:55 TraderLion Conference Full conversation · starts at the selected moment Separate market risk from exchange, operational and concentration risks in this recorded Q&A. CHOOSE A VIDEO What risk means in crypto 54:55 Risk management: left-tail risk, FTX, Luna lessons 15:34 Failure cases and how Robuxio guards against them 26:37 TEST YOUR KNOWLEDGE Can you explain how your sizing changes after gains and losses, and what assumptions your risk assessment depends on? RELATED READING - [Risk of Ruin See the math behind surviving drawdowns, and why position sizing matters more than win rate.](https://robuxio.com/education/algorithmic-crypto-trading-viii-risk-of-ruin) - [Martingale vs. Anti-Martingale Compare adding to losing positions with adding to winning ones, and see why the systematic approach sizes into winners.](https://robuxio.com/education/algorithmic-crypto-trading-ix-martingale-vs-anti-martingale) - [Position Sizing Compare fixed-value and fixed-percentage sizing. The Kelly discussion depends on estimated probabilities and payoffs, not just an attractive backtest.](https://robuxio.com/education/algorithmic-crypto-trading-xi-position-sizing) [All chapters](#chapters) CHAPTER 9 ### Portfolio Design ![Measuring a strategy’s diversification contribution](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2F9ABYVUBd6mE.jpg&w=3840&q=75) Robuxio in conversation From 41:30 Better System Trader 225 Full conversation · starts at the selected moment Pavel covers why trading many uncorrelated, profitable strategies together in a portfolio is more important than any single strategy by itself. CHOOSE A VIDEO Measuring a strategy’s diversification contribution 41:30 Portfolio trading and rebalancing 1:02:30 TEST YOUR KNOWLEDGE Do the strategies depend on the same market behavior, and how much do their losing periods overlap? RELATED READING - [Portfolio Construction See how systematic strategies are combined into a portfolio through correlation analysis, capital allocation and rebalancing.](https://robuxio.com/education/algorithmic-crypto-trading-xiv-portfolio) - [The Power of Compounding See why compounding rewards lower volatility, and why drawdowns cost more than equal gains give back.](https://robuxio.com/education/algorithmic-crypto-trading-xvi-compound) [All chapters](#chapters) Behind the scenes · Running the systems ![What running the algo actually involves day-to-day](https://robuxio.com/_next/image?url=%2Fimages%2Fbookhub%2Fpodcasts%2FthxnVhgyeuE.jpg&w=3840&q=75) Robuxio in conversation From 22:25 Desire To Trade 514 Full conversation · starts at the selected moment See the monitoring and maintenance that remain after a strategy has been coded. CHOOSE A VIDEO What running the algo actually involves day-to-day 22:25 The Robuxio tech stack and infrastructure 54:55 Share a resource, data or feedback BUILT WITH CURIOUS READERS ## Found something worth sharing? A useful article, a dataset, a different perspective or a correction — help make this hub more useful for the next reader. Submissions go to the Robuxio team for review. Nothing is published automatically. Related chapter General / the whole book 1. Why Most Crypto Traders Fail 2. The Systematic Mindset 3. How Crypto Markets Really Work 4. Trading Approaches That Actually Work 5. Designing Exits That Match Your Edge 6. Building a Trading Strategy 7. Robustness Testing 8. Risk Management 9. Portfolio Design What would you like to share? Link or resource Data or research Correction Feedback or idea Link (optional) What should we know? Explain why it’s useful, paste a small data sample, or describe your feedback. For files and larger datasets, share a link with viewing access. Name (optional) Email (optional) Only if you’d like us to follow up. This does not subscribe you to emails. Send to the team ## The Algorithmic Crypto Course A university course Pavel prepared in the fall of 2024, filmed across 11 lessons. - The strategy rule codes from the book - A full walkthrough of RealTest for backtesting and robustness testing - Two new strategies not covered in the book - A survivorship-bias-free live data set - Worked portfolio examples [![Pavel Kýček teaching lesson 1 at a whiteboard](https://robuxio.com/_next/image?url=%2Fimages%2Fcourse%2Flessons%2FLesson1.png&w=3840&q=75) Lesson 1 · Introduction to Algorithmic Trading](https://robuxio.com/course?autoplay=1&coupon=PLAYBOOK30)[Watch Lesson 1 for Free](https://robuxio.com/course?autoplay=1&coupon=PLAYBOOK30) ANOTHER WAY TO PUT THE FRAMEWORK TO WORK ## Prefer to invest rather than build? You don’t need to become a strategy developer to explore Robuxio. Review our approach, results and investment access routes. [Explore crypto](https://robuxio.com/crypto)[Explore equities](https://robuxio.com/equities) ## Keep learning beyond the page. Get the book’s companion email series from Robuxio. First name Email address Send me the email series Unsubscribe whenever you like. [Privacy policy](https://robuxio.com/privacy-policy) The Algorithmic Crypto Playbook · Pavel Kýček [Explore Robuxio →](https://robuxio.com/)