RW Pro

The research lab and shared infrastructure for independent quants.

In RW Pro, you get everything we’re working on: the strategies, the research, the tools, the thinking. And you’re no longer doing it alone. You share it with a community of hundreds of other independent quants, and every one of them is running their own book, their own way.

You continue to make every call yourself, but you are never alone. When you’re not sure your positions look right, or whether a drawdown’s a real problem or just noise, there’s a fellow trader online to ask, and the research to check it against.

RW Pro is the shared trading desk of independent quants that scales your trading operation far beyond what you can achieve solo.

Four things you plug into, day one.

Trading your own capital seriously means running a one-person quant firm. You’re the trader, but you’re also the researcher, the data engineer, the ops person and the risk manager, because there’s no one else. Any one of those jobs is manageable. Carrying all of them, alone, around a full life is what stalls most solo operations.

Things to trade

Immediate access to a dozen or so systematic edges we’re trading right now: equities, bonds, gold, crypto, options/volatility and FX, with more always in the works. The dead ends stay on the record too, so you see what didn’t work and why, not just the winners. You pick the few that fit your capital and your life.

Research to run

Inside RW Pro is a lab of live research that never stops, in shared notebooks you can run yourself, today, on fresh data. There’s always something new being dug into, always a thread worth following.

Infrastructure to build on

In RW Pro, you get access to the data, APIs and tools you’d otherwise spend a fortune (and a lot of weekends) assembling and maintaining. Ours is already built, professionally resourced, and kept clean and current. Yours to build on.

A fleet to sail with

Join our fleet and never trade alone again. The fleet is what we call the community: hundreds of independent quants, each captaining their own boat, none of them sailing alone. Euan and I are in there with them, day to day on Discord and live in the webinar Q&As.

Let me show you an example of how it all works.

What you’re joining

A shared trading desk: a real operation you can see work.

You’re plugging into our shared trading desk: a decentralised trading firm where everyone trades their own book and keeps everything they make, and nobody’s doing it alone.

Quick word on “firm,” because it’s a bit poisoned these days. I don’t mean one of those “pass our challenge and trade our capital” bucket shops, the kind that win when you lose. What you get instead is the desk legit prop traders have behind them: research, tools, risk frameworks, and a room of people who take this as seriously as you do. I spent years as a partner at a prop firm, and this is the desk I wish I’d had when I went out on my own. Now it’s yours.

Watch one strategy come together

One strategy that grew its wings inside RW Pro (and which you have immediate access to) is our statistical arbitrage work.

The RW Pro community have watched this one grow up. It started in 2020 as a simple pairs trade: two related stocks, and a bet that their divergence is a mispricing that reverts. But one pair on its own is a single bearing, easily mistaken for noise.

In shared research notebooks, you can see how we mapped the whole network of related stocks and watched for where the bearings cross. When a dozen relationships all point at the same mispricing, you’ve gone from a hunch to a fix. That’s triangulated statistical arbitrage, and you can see every step of how we built it.

Inside RW Pro, you can see every step of how we built it and the evidence for why it’s worth trading at all.

You also get the tools to make it your own. Open the implementation notebooks and you don’t just read how it’s traded, you run it, tweaking it to your own capital and constraints and watching the trade-offs shift for your setup. Pull the live data off the API, through the day and again at the close. Nothing’s behind a curtain.

Here’s a screenshot from a recent live RW Pro webinar session on this strategy:

Inside RW Pro, we don’t hide the messy bits from you. You see the stuff that never makes it into a textbook. When we hit speed bumps, it’s often problem-solving within the membership community that comes up with a fix.

For example, take corporate actions.

Nobody’s surprised that a merger can break a spread trade: you’re short both legs, one company buys the other, the two stocks start moving as one, and you’re left holding a single position at twice the size you wanted. Knowing it can happen is easy. Having a clean way to catch every one before it bites is the hard part.

When we first took this live, we didn’t have a filter for these events. So the desk built it.

A RW Pro member wired up an AI process that scans the universe for the corporate actions that matter and flags them early. He then shared it with everyone in the community! That’s how a lot of this goes: a real problem turns up in live trading, someone solves it properly, and the whole fleet gets the solution.

Here’s a snapshot from the RW Pro Discord:

Earnings are another one. A spread that suddenly diverges right after an earnings surprise has usually moved for a real reason, so it’s far less likely to snap back. So we built an earnings-surprise feed into the API, backed by research you can run yourself, and you can wire it into your own implementation to sidestep exactly that trap.

And nobody hands you a finished strategy and points you at a button. You build your own version: your universe size, your signal thresholds, your trade buffer, all set against your own capital and your own appetite for pain.

As a member of RW Pro, you do all this with the tools, research and support of a desk of fellow indie traders.

I’ve written this concept up in public. Blog, Substack, the newsletter, in enough detail that a determined person could rebuild the pipeline themselves. A few have. The idea was never the secret.

But have a think about what it’d cost you to run it solo.

Just the data runs $150 to $250 a month on a personal licence, and it has to be the good stuff: survivorship-free, corporate actions, an intraday feed, earnings events. Call it two grand a year. That’s more than Pro costs, before you’ve touched compute or a database, and before the ongoing job of keeping it all clean and current. In Pro, that’s handled for you. You get the clean, curated, auto-updating research data plus live model outputs delivered via API throughout the trading day.

Join RW Pro and, for less than the data would cost you on your own, you get the live build, the API, the daily model outputs, a bunch of other strategies, the pipeline that keeps turning out the next one, and the people. Put it like that and the strategy itself is almost beside the point. What you’re paying for is a seat in the operation that produces them.

You decide your time commitment

You decide how deep you go. RW Pro is going to give you value whether you want to just dip your toes in or dive in head first. Some members practically live in the notebooks and turn up to every webinar. Other Pro members trade three strategies off the back of the newsletter in fifteen minutes a day and leave the rest alone. The depth’s there when you want it. The time you give it is your call.

The intent of this community was never to have you following my “signals”. That’s a fast road to nowhere worth going. Our aim at RW Pro is to turn you into the kind of trader who can run their own book properly. Once you can, the desk is simply where you keep doing it, for as long as you trade. You don’t grow out of a research desk. You grow into one.

What we trade

A book of strategies we’re happy to put money into.

Here’s the rest of the current book. Every strategy here has the same treatment behind it: the research, an implementation notebook you can run, and straight answers on what sucks about it and ways to screw it up.

Risk Premia Harvesting
You get paid for holding risk other people prefer to avoid. Think an all-weather-style portfolio you can run yourself: simple, low maintenance, the closest thing to passive investing we do. Most people start here.
InstrumentsETFs
Time~5 min/day
Options Strategies Euan Sinclair
Two good reasons to trade options: a variance-premium view, or a hedge that pays exactly when the rest of your book is getting smashed. Euan’s playbooks cover both.
InstrumentsOptions
TimeVariable
Triangulated Stat Arb
Network-based stat arb. The one you just watched come together. Daily and hourly model outputs via the API. Wants $50k+ so commissions don’t eat the edge.
InstrumentsUS equities L/S
Time~30 min/day
Rebalance Flow Trading
Big balanced funds have to rebalance on a schedule. We get in front of those flows.
InstrumentsETFs
Time15 min/mo
Flow-Driven Bond Seasonality
Bond indices add new issues only at month-end, forcing benchmarked managers to buy duration on a schedule. We position ahead of that buying. Any single month is noise; the edge shows up over many repetitions.
InstrumentsETFs
Time15 min/mo
VIX Basis Trade
Harvest the structural premium baked into VIX futures. Mind the skew, and keep the size small.
InstrumentsVIX ETPs
Time~10 min/day
VIX Calendar Spread
Short the fast-decaying end of the VIX curve, hedged with the slow end. A tamer way to be short vol.
InstrumentsVIX ETNs
Time~10 min/day
Nat Gas Seasonality & Carry
Leveraged natural gas ETFs lose a little every day to leverage drag and a falling futures curve, most of all in winter. The trade is horrible to hold, which is part of why it pays.
InstrumentsLeveraged ETF
Time10 min/wk
Crypto Momentum, Trend & Carry
Three crypto factors that have stubbornly kept working. Values delivered daily via the API.
InstrumentsPerps or spot
Time~15 min/day
Crypto Long/Short Carry
Get paid for funding leveraged traders. Long the perps that pay you to hold them, short the ones that charge you, across a broader universe than Momentum, Trend & Carry.
InstrumentsPerps
Time~15 min/day
Crypto Perp Basis
Market-neutral. Long spot, short the perp against it, collect the funding spread.
InstrumentsSpot + perps
Time~10 min/day

What we’re working on In the lab right now

Everything in the table above is written up and tradeable today. The work below isn’t there yet. Each item is listed with where it’s headed, and members watch it all take shape week by week, which is really the whole point of the place.

A multi-factor equity book the big build

Each factor becomes its own sleeve: own signal, own rebalance schedule, own risk budget. The sleeves stack into one book, netted before execution. Stat arb is the first sleeve and it’s live; momentum, short-term reversal and others are in development. The hard part is portfolio construction that works for one person running a hundred slots: academia hasn’t written that playbook and institutions don’t need it, so we’re building it in public, session by session.

FX factors in research
Carry, momentum and trend, with a stat arb overlay on top. An earlier find, the FX weekend risk premium, was real but too thin to survive costs on its own. It gets another look inside this build.

Post-earnings drift candidate factor
Real but small on its own. Built on the earnings-surprise feed you saw above, and likely headed into the equity book as a sleeve of its own.

VIX futures calendars write-up next
The VIX curve traded directly with futures, instead of through ETNs.

Short new crypto listings write-up next
New coins tend to list hot and fade. Research done; simulation and write-up still to come.

Timing bonds with carry and value lands as a tilt
Slow signals that will most likely bolt onto the existing risk premia portfolios.

Tactical event trades write-ups queued
Small edges around scheduled events: the FOMC drift, natural gas storage reports, short vol over certain macro prints. None is a strategy on its own; stacked together they’re worth having.

You pick what you trade. Two to five strategies is realistic for a part-time trader; our more ambitious full-timers run as many as ten. Some start with one and add more as they go. Some won’t touch crypto. Some trade almost nothing but. Your portfolio is yours: you tap into the strategies, the research, the tools, the training and the community’s know-how, weigh the trade-offs, and set a course that works for you.

How the research runs inside RW Pro

Three ways into the research.

Run it yourself, talk it through, or let us bring you what matters. As deep or as light as the week allows.

On demand: the Lab

Shared Colab notebooks living in a private GitHub org, sorted by theme (crypto, macro, FX, equity factors), all fed by datasets that update daily. So you can run the research yourself whenever you like, and get today’s numbers rather than last quarter’s. The stat-arb threads you watched come together live in these repos. Fork a notebook, see the latest results, run your own analysis, share it back.

Live: Discord

Where it all gets thrashed out day to day. Questions, observations, half-baked ideas, the occasional rabbit hole. With hundreds of members, we span every continent except Antarctica! Someone’s always around.

Curated: the webinars and newsletter

Once a month we go through the detail properly in a research webinar, and Euan runs his own options session most months too, so there’s something live to join roughly every couple of weeks. The weekly newsletter is a catch-all for whatever matters for your trading week, so you can stay across it all without reading every last message on Discord. You don’t have to keep up with everything to keep up.

Implementation

Built so you don’t have to build it.

The operational layer, set up for you to build on.

Strategy dashboards

One single source of truth per strategy. The edge and why it works, the research behind it, how to trade it, the simulations, the performance, and the common ways to get it wrong, all in one place. It’s what gets you trading something quickly without ever trading it blind, which is the opposite of following a signal you don’t understand.

Data API

Programmatic access to the data behind selected strategies and the research. Factor values, model outputs and the curated, research-ready datasets, pulled straight into your own systems, so you can build our work into your own pipeline and trade it your way.

Implementation examples

Spreadsheets, scripts and worked examples for the fiddly last mile, where a model output becomes an order you place. They’re starting points, meant to be adapted to your broker and your own setup. We give you the worked example and you take it from there. It’s the operational support layer, set up so you stay captain of your own ship.

The fleet

Hundreds of independent quants. You won’t be stuck for long.

RW Pro is made up of hundreds of independent quants. Some come from engineering, data or finance; plenty don’t. What they share is an analytical, systematic turn of mind, and a preference for testing an idea over taking a punt. Someone’s on Discord most hours of the day, wherever you are in the world.

Everyone runs their own operation. Some trade three strategies and keep it conservative. Some trade seven with leverage. Some are just finding their feet with Risk Premia Harvesting. Some have been here for years and are building their own research on top of ours. They’re all doing it differently, and that’s the point.

The community is the treasure trove inside RW Pro. People troubleshoot each other’s implementations, share what they’re seeing in the market, poke holes in each other’s assumptions, and help the newer folks find their feet. When you’re working out how to think about sizing across a few strategies at once, or whether a drawdown is normal or a sign something’s broken, there’s usually someone who’s wrestled with exactly that question and is happy to talk it through.

Here’s what that looks like in practice — one thread from a week in July, exactly as it happened:

#stat-arb — RW Pro members’ Discord
RE

RE15 Jul · 11:13 pm

Hi everyone. I’m looking for ways to implement the stat arb strategy but haven’t made much progress. At this point it makes sense for me to look for assistance. Would anyone in this group be willing to spend some time with a noob like me to help me get set up and running? My account is at IB. Would appreciate it very much!

K

robotkrisRW16 Jul · 11:27 am

Is there anything you’d feel comfortable asking here in the main channel? Honestly, no such thing as a silly question. This strategy does have some complexity, so having some trouble implementing it is par for the course. I’m sure people here have been through exactly what you’re going through and would be happy to help.

MT

MT16 Jul · 12:05 pm

Maybe you start with spreadsheets and the IBKR basket trader

AW

AW16 Jul · 7:02 pm

@RE I’ve been running it on an IB paper account with a Python script via IB Gateway to check my code for robustness. It’s nothing special but appears to be working. I’m happy to share that, but on the understanding that it’s at your own risk. (Even with extensive help from Cursor, my Python programming is neanderthal at best.)

· 1 message trimmed ·

LZ

LZ16 Jul · 8:51 pm

I’m using a script for the signal generation and an Excel dashboard + IB basket trader for the trades. The script was basically the trade-offs notebook and ChatGPT.

RC

RC16 Jul · 9:26 pm

@RE if you’re able to share what parts you’re getting stuck on, I’m sure we could help out collectively. I was initially just stuck on the concept in general … going through the notebook and the strategy overview page on GitHub helped a lot with the logic of the whole thing.

RE

RE16 Jul · 9:34 pm

@RC thank you! I ran the API query in a notebook (screenshots attached). Not sure how to use the combo_rank / z-score to create the long/short basket.

2 screenshots — api query output

RC

RC16 Jul · 9:39 pm

Check out the strategy write-up on GitHub: rw-portfolio → triangulated stat arb → “Signal and weight construction.” Pretty much spells out the steps. You can then pull up the implementation trade-offs notebook linked in the Tools section of that page to see actual code. It’s in R but you can always get your LLM to translate to Python if you’re not comfortable with it.

AW

AW16 Jul · 10:23 pm

Just messaged you direct. If you reply I’ll send files

· 2 messages trimmed ·

K

robotkrisRW17 Jul · 11:24 am

Brilliant. I love this about our community. What a bunch of absolute legends. @RC @AW

A real thread from the members’ Discord, 15–17 Jul 2026 · 13 messages, 6 members, shown lightly trimmed · handles shortened, screenshots omitted · shared with permission

You also get direct access to me and Euan via Discord and the webinar Q&As. There’s no support inbox sitting in the way. You’re talking to the people running the operation. When you join, we give you a 90-day path: a sensible order to work through things, so you know what matters first and what can wait. It’s not hand-holding, but nobody’s leaving you to guess either.

Who this is for

You’re probably an independent quant (it’s not about the math).

You’re an independent quant, or well on the way to becoming one, if you would rather test an idea than take it on trust, care more about statistical evidence than anyone’s hot take, lean towards systems over prediction, trade your own capital, and enjoy the research at least as much as the trading. A bit of code helps, and you’ll pick up more here, but the turn of mind matters more than the CV. You don’t have to be the finished article. Wanting to run your own operation properly is what counts, and the rest you build here with the support of the desk, the tools, the research, and of course the community.

Pro makes sense if you…
  • Want to run your own trading operation with serious infrastructure behind it
  • Trade systematically (or completed TLQ)
  • Have $50k+ to implement with
  • Can commit a few hours per week (15–30 min/day for the trading itself)
  • Want peers working on the same problems, not a guru to follow
Pro isn’t for you if you…
  • Want someone to manage your money or tell you exactly what to buy
  • Are brand new to markets (start with TLQ)
  • Want guaranteed returns
  • Don’t have 15–30 min/day for the actual trading
  • Aren’t willing to learn the “why” behind the strategies

A word on fit. People who just want to be told exactly what to buy tend to drift off within a month or two. They find running their own book harder than they expected, and fair enough, it is. The ones who want to run their own operation tend to stick around for years. The filter’s deliberate, and the culture inside RW Pro reflects that.

See inside

A few minutes inside the operation.

The cockpit, a sample of research, things we trade, the people, and where it takes you if you stick with it. Real numbers, with the drawdowns left in.

From members

People like you have done this for years.

25 years in markets · 21 of them full-time retail · never bought a course
Before

“It has just been me sitting at home figuring stuff out extremely slowly.”

After

“It would take me many years on my own to learn even a fraction of what you guys have here.”

— Matthew
Five months into Pro · runs a vol-targeted book
Before

“I was hesitant to join at first because there’s so much bullshit and so many scams in this space.”

After

“I’ve managed to set up my small trading operation… Sometimes I think about where I would be if I had kept trying to figure everything out on my own — it honestly gives me chills.”

— Yan
Machine learning student · interviewing with quant trading firms
In interviews

“RW Pro is a fantastic product that makes quant interviewers do a double take and ask ‘wait, how do you know this?'”

After

“I’ll be at SIG next summer doing machine learning things.”

— Kevin

Briefer notes, from email and the Discord

“Well, hands down, I can say that Robot Wealth is the best trading community on the internet.”
— Alex
“It’s a rare place where real alpha is shared.”
— Rich
“I’ve been running the stat arb code live since we came back from Easter… it has really opened my eyes to another way to trade. I could never have done this without your work.”
— Matt
“As a physicist, I appreciate deep-diving investigations. RW’s approach is quite sophisticated but presented in a way that’s practical and actionable.”
— Francesco
“Honestly Kris, RW Pro should cost way more for the value it provides.”
— Luciano
“RW Pro has paid for itself and then some for me. Really great community.”
— Rachit
“RW has really become a powerhouse of great material — I cannot even keep up with it.”
— Marco
“The RW Pro content has been amazing… it has helped me a lot when doing my own analysis.”
— Jack

Pricing

Two ways in. Same total either way.

Trade Like a Quant
$447

The foundations. Build first, come and join Pro when you’re ready.

  • 6-module course

  • 4 starter strategies

  • TLQ Discord access

  • Upgrade to Pro later: $1,497/yr or $149/month

Start TLQ →
RW Pro
$1,944 /yr

TLQ’s included. Come and join the operation.

The strategies, the research pipeline, the tools, the API, the webinars, the community.

  • Everything in TLQ, included

  • The Lab + daily-updating datasets

  • API access + fortnightly webinars

Renews at $1,497/yr.

Get RW Pro →

Same total either way: $447 + $1,497 comes to $1,944. No penalty for starting smaller.
And worth remembering: for a single one of these strategies, the market data alone would cost you more per year than this. You’re getting the whole operation for less than the inputs would run you on your own.
Already a TLQ member? Get Pro for $1,497/yr or $149/month →

Common questions

Most members spend 15 to 30 minutes a day on the actual trading: checking positions, running their rebalancing. Some strategies only need a look a few times a month. If you want to keep up with the webinars and Discord, add a couple of hours a week, but there’s no attendance register. Anything that actually matters for your week ends up in the newsletter anyway.

If you already trade systematically, TLQ can feel like a $447 turnstile. That’s exactly why Pro includes it. You get straight into Pro, with TLQ sitting there as a reference library. Plenty of experienced members tell me they still picked up things they hadn’t thought about. But no, you don’t have to grind through it lesson by lesson before you can get into Pro.

You don’t have to. Loads of members trade entirely with spreadsheets and the tools we hand you. Coding opens up more (the stat arb and crypto automation especially), but it’s not a requirement for the core strategies.

$50k is a sensible floor. Much below that and you’ll struggle to spread across enough strategies to get the diversification that makes the whole thing work. A few of the individual strategies are fine with less, but the portfolio approach wants a bit of room to breathe.

US equities, US Treasuries, gold, crypto, and VIX derivatives. The options work is mostly equity index options and some single-stock stuff. Stat arb is US equities. Much of the US stuff is portable to other markets. You don’t need access to all of it, just the bits you want to trade.

Anything that gets you into US markets. Interactive Brokers is the most common pick among members because it covers basically everything. The crypto strategies need a crypto exchange on top.

Monthly billing ($149/month) is there for TLQ members. If you’ve done TLQ, you already know how we think and work, so monthly just lets you ease into Pro at your own pace. New members start with either TLQ ($447) or Pro annual ($1,944/yr, with TLQ included).

Email me. We’ll sort something out. I’d much rather you left on good terms than hung around feeling resentful.

Ready to go Pro?

Got questions before you join? Email me: [email protected]. That’s me you’re emailing, not a support team.

Already a TLQ member? Join Pro for $1,497/yr or $149/month →

Robot Wealth provides education, research and tools for independent traders. Nothing on this page constitutes financial advice, investment advice, or a recommendation to buy or sell any security. All trading involves substantial risk of loss. Past performance does not guarantee future results. You are solely responsible for your own trading decisions.