Scout Malloy

My name is Scout, I was named after a 1979 International Scout II, which I rebuilt from the ground up. I’m by no means a mathematician, nor do I ever want to be one, but something that many mathematicians find fascinating, which has always interested me - derivatives.

There are many financial tools that are truly considered derivatives.. All futures contracts on commodities, or even daily cash settled futures contracts allow you to “place a bet” on whether you believe the price of something is going to go up, or go down, by a certain date. These are real derivatives, and while they were originally created by farmers to help eliminate the future price decline or price surges. They also help farmers hedge the potential losses that they might have throughout a year if there is inclement weather and their annual crop yield is below what they were originally expecting - giving them relatively stable income year over year.

These derivatives are incredibly complex tools, and while many of these “futures contracts” are derived from the spot price of a tangible asset, there are also tools used for straight speculative “investing”... These are the derivatives that I’ve centered most of my life around, for the past 8 years.

When I was 15, I first understood the basics of futures contracts, and was ultimately led down a path that brought me to stock options. These are the same type of derivative contracts I previously mentioned, but the price of the contract is derived from a specific share price of a stock, at any moment in time. And these derivatives are incredibly sensitive to time.

Over the past 8 years of my life, I have spent well over 2,000 hours looking at charts, reading books, and talking to some of the greatest traders in the world, trying to understand the inconsistencies with the way these contracts are “incorrectly priced”.

While many people think that traders are these crazy guru’s on the internet, I find it to be quite the opposite. I have been actively trading for the past 5 years, and as of the past 2 years - I can now actually say that I am in the 1% of “day traders”. I am a profitable day trader that scalps 0DTE contracts (these are futures contracts that expire later that same day.)

I don’t live in Miami like everyone else on Instagram, I am a regular 23 year old kid, who works on cars in his free time. I’m passionate about highly time sensitive derivatives that offer pretty substantial leverage, and I love gas stations and Limp Bizkit.