Our episode with @CliffordAsness is now live!
We discuss:
💥 Cliff’s take on FTX
🤔 Why hedge funds aren’t hedging
📺 The AMC & CNBC saga
🫰 Thoughts on the value spread
📈 The role of index funds
♾ MUCH more!
Here’s a sneak peek:
@Lilyftsobv@c14english@dannydanon Have you even read the history of north africa ? Morocco is now mixed (even the mother's king is from the endogenous people of Morocco), AAAAND the terrorist group Polisario are racist arabs who want to claim sahara (the ones you just mentioned now as colonizers of NA :) )
@RLehbib@clashreport STFU ! This lands belongs to its natives, the endogenous people of Morocco, the Amazigh people. What right do you have in this land, and you are a racist group of Arab tribes ?
@anaskenderska@EdwardXLreal@t0mbfx Sorry for my late response, I spend more time in the real world that SM.
Just go back and see how I started my first response with "sorry" and I was pointing out (respectfully) a valid point (a very basic thing in financial mathematics and statistics), and you answer was weird
@anaskenderska@EdwardXLreal@t0mbfx You got triggered, hence your answer, you have 0 knowledge about trading and PM.
Just saw how you post 10 times a day, proves how you struggle lately, no ones care about the shit you post.
@anaskenderska@EdwardXLreal@t0mbfx Pussies? what an unexpected comment from someone like you.
Pretending to know everything about trading psychology while riding Edward's dick and portraying fake self image.
X is becoming a place where every stupid bitch speaks about trading and mocking people of the field.
@anaskenderska@EdwardXLreal@t0mbfx Sorry, but an edge is related to a positive EV, & this one is related to the law of large numbers. So if you do 100 or 200 manual trades the data behind is meaningless. Also trading based on market data (price, volume & volatility) SHOULD be systematic, otherwise it's randomness
@TheOneLanceB@ScottPh77711570 Also you said TA gives some probabilistic view, which is not correct, hope you can show me how all quants couldn't find an edge in pattern recognition of all chart patterns, the answer is clear : Price trajectory is random, but the price performance is quasi-random.
@TheOneLanceB@ScottPh77711570 Also the chart is not a representation of psychology (80% of the volume is algo ruled based driven). Price movement is a random process (financial markets are an adaptive complex system), in which patterns are hidden (check jim simons book). Humans see "patterns" in many things.
@TheOneLanceB@AgustinLebron3@macrocephalopod@ScottPh77711570 You can't prove that your TA has an edge and not random, if it was the case all quants would exploit it. Market data can give you an objective signal.
Maybe NNT is wrong in other areas, but damn right when it comes to trading & financial markets.
So basically jim simmons is wrong
@champagneszn777@I_Am_The_ICT The lowest IQ ICT tweet I've seen in a while !
You're god micheal, doesn't even have a backtest, doesn't even know what a FIX is, and talks about making or knowing the secrets of exchanges and Algos. Not even thinking about Robbins cup or a skill of managing an accounts.
@MatheWieme Exactly Mathe, that's why I said in your main post. They pretend to be a proper PF, and they don't even know how to set risk/exposure limits, so basically they don't even know how to manage their risk properly. Which is logical, they don't want to set limits to make more clients
@SellingRips Here you can see charts that I generated randomly, showing the sale crap as ICT shows. In the first one you can see value gaps, liquidity sweep on the right of that chart..etc. So basically it doesn't show any real insight on what the liquidity/smart money is doing.
@ScottPh77711570 I agree with you if Technical analysis and short term are used, instead of fundamental/data driven approach, setting portfolio..etc. Because central bankers, politicians still do mistakes, risk on/off, carry, commodity ideas etc, can still bring higher probability.