Edgemonk Trader

Love math, trade options, observe auctions.

[Edgemonk Trader @edgemonktrader]

TRADE: When you take a trade, the five questions you should have at the top of the checklist.

1) Direction view - Yes/No
2) Volatility view - Yes/No
3) Risk view - Yes/No
4) Size is correct - Yes/No
5) Target view - Yes/No

If you have a 'No', step back and leave the desk.

[Edgemonk Trader @edgemonktrader]

@Anthony_Bonato They are living on luck.

[Probability and Statistics @probnstat]

7/7

Wrap-Up:

The Probability Integral Transform is deceptively simple but incredibly powerful.
It connects arbitrary distributions to the uniform distribution, providing a unifying tool in simulation, diagnostics, and theoretical proofs.

[Probability and Statistics @probnstat]

1/7

On MOMENT GENERATING FUNCTIONS (MGFs):

[Quanta Magazine @QuantaMagazine]

Time and memory are limited in computer science. A new breakthrough resets their balance. https://t.co/vbuqqObvxe

[Quanta Magazine @QuantaMagazine]

This is the Weierstrauss function, a “monster” that is continuous everywhere but differentiable nowhere. First published in 1872, it prompted scrutiny of assumptions in calculus. Similar functions are used to study random motion and analyze risk. https://t.co/tMXyKuJIrC

[Edgemonk Trader @edgemonktrader]

@mnopro Good one. Stop losses and market closures are discretization of what is a continuous auction. Not accounting for them is ignoring the errors of discretization.

[Edgemonk Trader @edgemonktrader]

@kaneenikasinha When 2 is done right, chance of 1 happening drastically reduces.

[Bhāvanā Magazine @BhavanaMagazine]

M.S. Narasimhan as a student at the TIFR:

"At that time, & which, in retrospect, I used to joke about much later, we used to wait for every new book from Bourbaki just as children in recent years used to wait for Harry Potter books. The same kind of enthusiasm!"

(1/2)

[Saman Habibi Esfahani @Saman_Habibi_E]

Congrats to Masaki Kashiwara on winning the Abel Prize! He is one of the founders of D-module theory, which is an algebraic theory of differential equations. His book `D-Modules and Microlocal Calculus' is a great introduction to the subject. #Abelprize #math

[V. Ramgopal Rao, Ph.D. @ramgopal_rao]

𝐓𝐡𝐢𝐬 𝐜𝐨𝐮𝐥𝐝 𝐛𝐞 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐌𝐨𝐦𝐞𝐧𝐭: 𝐅𝐫𝐨𝐦 𝐁𝐫𝐚𝐢𝐧 𝐃𝐫𝐚𝐢𝐧 𝐭𝐨 𝐁𝐫𝐚𝐢𝐧 𝐆𝐚𝐢𝐧

As the Western academic world faces an unprecedented funding crunch, with reports of university departments shutting down and entire research fields under threat, India must view this as a strategic opportunity to correct its low #scientist base.

US and UK universities are seeing mass layoffs, research cutbacks, and uncertainty in funding continuity.

Meanwhile, India is severely under-indexed in research manpower:

India: ~300 researchers per million population

China: ~1,800/million population

US: ~4,500/million population

Israel: ~8,000/million population

We are operating with a fraction of the scientific base needed for a country of our size and ambition. We do not even have the required scientist strength to support our national scientific missions such as AI, Quantum, Bharat LLM etc.

This is the time to act.

Let us launch a ‘1000 Scholar Programme’—a bold national initiative to attract top-tier Indian-origin researchers, innovators, and technologists back to India. Think of it as India’s version of the “Thousand Talents” plan.

Key features could include:

- Fast-tracked faculty positions in Indian institutions

- Attractive research grants and lab establishment support

- Access to interdisciplinary translational research clusters

- Administrative and relocation facilitation

With Gati Shakti for infrastructure, PM Gati Shakti for logistics, now is the time for 𝐑𝐈𝐒𝐇𝐈 𝐒𝐡𝐚𝐤𝐭𝐢 (RISHI- Returning Indian-origin/International Scientists for Higher Innovation in Science) for powering India’s growth through talent.

Let us convert global academic uncertainty into national capacity-building.

𝐁𝐈𝐓𝐒 𝐏𝐢𝐥𝐚𝐧𝐢, an Institution of Eminence, welcomes senior academics returning from top-tier institutions.

#BrainGain #ResearchIndia #HigherEducation #ViksitBharat #India2047 @BITSAA @bitspilaniindia

[Quanta Magazine @QuantaMagazine]

Masaki Kashiwara has won the 2025 Abel Prize “for his fundamental contributions to algebraic analysis and representation theory.”

[The Abel Prize @abel_prize]

The Norwegian Academy of Science and Letters has decided to award the Abel Prize 2025 to professor Masaki Kashiwara. Kashiwara-san is the first Japanese mathematician to receive the Abel Prize.

#Abelprize #Abelprize2025 #mathematics #science

[Edgemonk Trader @edgemonktrader]

@kaneenikasinha Thanks, Prof.

[Edgemonk Trader @edgemonktrader]

@Nick_khandelwal Or, mathematically, a transformation variable.

[Edgemonk Trader @edgemonktrader]

@Nick_khandelwal A small tweak. Life, like market, is a search problem. Money is the fluid that greases while solving that problem.

[Probability and Statistics @probnstat]

High-Dimensional Probability by Roman Vershynin

[Edgemonk Trader @edgemonktrader]

@mnopro Deeper than finance, it is shameful for mathematics. I saw US equity analysts at top brokerages doing percentage change between two percentage numbers too.