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This has been debated ad nauseum, however a few points: 1. Lots of algos scan price series in real time to detect exploitable patterns, ensuring that something so trivial as a price > MA rule probably doesn't have much of an edge alone. It would be found and arbitraged if had been that simple -...

Yupp. Aside from traders believing they are important causing a self fulfilling prophecy, there is also options dealer hedging activity causing price to behave differently around certain levels.

It's not so clear cut always, like in Sweden it's pretty popular to be green inside the country and export the problems. A recent example is that we are already importing electricity at peak hours from coal plants in Poland and some other countries, which is obviously undesirable besides being...

Agreed, another way of saying it would be that what is the hot data of the moment fluctuates over time. Another example: Pre-COVID a lot was about Fed rate decisions, then after COVID market mostly snoozes through FOMC because the consensus assumption is Fed will stick to their promise of not...

PMI of the biggest economies is _potentially_ important, most of the time the market will sleep right through it as it's already expected and positioned for already. Nothing wrong about sitting in front of screen around major data releases in case something happens, but it has a quite low hit...

Maybe "Provided you learn from this" means something different in the English language than what I thought it did.

Late to the train, but: Provided you learn from this, you will be a stronger smarter person. See it as a positive outcome.

Macroscopic vs microscopic scale, you are just looking at this from your own POV. Sure, a buy stop order will "work" aside from gaps provided you don't need to move too much volume. Coincidentally, when there's a >100% short base to cover lots of volume needs to be moved. On the macro scale...

Basically, the system is incredibly leveraged which makes it not especially resilient to unanticipated stress. That's why Peterffy is suggesting higher margin requirements on equity shorts since that's a clear source of undefined risk.

He is discussing a hypothetical scenario.

A major problem with leaving basic limit orders on through the day is other actors are keen to fill them only when they think it benefits them, referred to as adverse selection. I am usually suspicious about simplistic strategies that rely on limit orders for this reason, backtests with...

Unsophisticated options seller blowing up... did I ever hear about that before? ;-) Only, by picking GME for this, he set sail towards blowing up at hypersonic speed.

You do have a fair point about lavish exterior, but generally speaking if he wants to look like a woman it's none of my business.

Yupp, we usually overestimate our ability to judge people merely by their looks.

Remember it's the percentage increases/decreases on swings that count for traders (including daytraders) since you will rescale the position based on the most recent price. In terms of percentages the VIX complex is as volatile as it ever was (actually vol of vol has been going higher the last...

Subscribed to thread.

You can certainly do that [referring to your proposal of reselling data] but if Oanda finds out about it I assume they will stop it. The intent is that you're a trading customer after all.

TIPS, energy

You got to realize "candles" are very course representations of higher frequency data that throw away a lot of information. They can show something real (e.g. a dragonfly could every well indicate a turning point in a dip) but you generally got to zoom in plus apply other context to make use of...

Not really, this is how hedge funds will operate in the future until AI gets actually smart enough to replace humans entirely (hopefully not in my life time). WSB has some alpha hidden away among the noise. Some people on WSB will be doing just fine in the next market crash.