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    0.01% of Bitcoin holders controls 27% of the "currency"/property in circulation

    There are many inactive wallets out there because the private keys have been lost forever. Grouping these in with "control" isn't really appropriate since no human controls them. Quit a bit of the early coins were lost. Since they had no value people just threw them away when installing the...
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    does hidden order that provides liquidity receives rebates from exchange?

    The price on your order fill. I have written software to measure this by sending identical orders simultaneously to two different brokers. One order pays commissions and the other is "free". The "free" orders that don't go directly to an exchange would always get a poorer price on the fill...
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    Most consistent pattern:: eod VIX (VXX/UVXY)

    29.7% of the time between June 29, 2020 and yesterday.
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    Most consistent pattern:: eod VIX (VXX/UVXY)

    I am well aware of how to properly measure this. The pattern you described does not exist. :)
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    Most consistent pattern:: eod VIX (VXX/UVXY)

    Your confidence inspired me to take a few minutes and crunch the numbers for the last 18 months. There is no such pattern present.
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    Australian Cryptocurrency exchange MyCryptoWallet collapses

    What percentage of all crypto has been lost on an exchange? Not much. And it's easy to remove this risk as an individual: Just move your crypto off the exchange and into a personal wallet.
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    Can the exchanges bust trades?

    I'm not aware of anything that requires crypto exchanges to bust trades based on the price the trade happened at or anything else. If you put your order on the order book then assume it may get filled at your price. If you placed a market order and are unhappy then it was probably a liquidity...
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    who are we playing against as retail traders?

    Ah. ok. I was not referring to a specific strategy, only that there are profitable ways to trade short timeframes.
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    who are we playing against as retail traders?

    Hire people to do "technical analysis"?? Do you mean looking at charts where the X axis is time and the Y axis is price and a silly little squiggly line is added called a "study". lol. Why do you assume the answer lies there? Because everyone on YouTube is doing that? By short timeframe I...
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    who are we playing against as retail traders?

    To be honest I do it with software. But it can easily be done manually if you want to stare at the screen all day. It is as far from HFT as you can get.
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    who are we playing against as retail traders?

    And I can guarantee you that at least one person is. lol. And if I can figure it out a few others probably have too. You have an absence of evidence. You do not have evidence of absence. It's a common logical fallacy. Don't beat yourself up over it. :)
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    who are we playing against as retail traders?

    How are you so certain no one is making money trading very short timeframes? lol. I can assure you it is done. It's just not done the way all the slick talking heads on YouTube tell you it is done.
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    Gamma scalping with negative transaction costs

    It's not BS. There are plenty of academic papers online you can review that go into some strategies in painful detail. But it takes a lot of engineering for relatively small rewards. And in today's world I'm not sure that there are many pure market making strategies running. It seems more...
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    who are we playing against as retail traders?

    Those are the people that take money from traders who sustain net losses over time. If you are winning it is very unlikely you are taking money from the professional math geeks and software engineers. Winning traders will almost certainly be competing with those math geeks and you both will be...
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    Gamma scalping with negative transaction costs

    Sure. But nothing is free. You then have the same challenges as a market maker. Keep in mind that sitting on the bid to buy and sitting on the ask to sell is not a profitable market making strategy. You will lose money doing that. I realize this is counterintuitive. Market making is...
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    Intraday trading

    Correct. Most people are lazy and will quickly look for something less uncomfortable to do with their time. "It's not that I'm so smart, it's just that I stay with problems longer." - Albert Einstein
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    Intraday trading

    Although this does happen I'm fairly convinced it is only a tiny input to the movement of stocks that retail day traders are focused on. The much larger input is the YouTube channels and "trading courses" that retail traders are influenced by. Most of this free or cheap "wisdom" is all the...
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    Intraday trading

    Every outlier seems impossible until you find it. Traders are no different. You won't believe anyone makes money at this until you do it yourself or know someone well that does. To answer your question: Yes, people make money trading. It's not a zero sum game for everyone. But you won't...
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    IBKR: converting a retail account to institutional

    Are you intending to put the new corporation inside a Roth IRA? I'm curious about the advantages of doing this if you don't mind sharing.
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    Professional Day Trading Short Sellers

    The risks diminish with larger cap stocks. It's when you get under $10 billion in market cap, and especially $1 billion that you find significantly unpleasant surprises.
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