String theory is probably a field that has set back quant trading by at least 10 years. Stealing top tier trading talent to do make believe 26 dimensional geometry, inflate boomer professors’s grant budget, and produce zero testable hypotheses or applications after 50 years
@tleilax___ https://t.co/hFcZv1KBy1
Here's at 32%. What's the vibe you feel in swiss? I don't live there but I read on forums that most people want the cap, is it likely to pass?
I'm asking because I wanted to move there
“So the market makers control the market?”
“Yes Joe. They set the prices - calls, puts, futures - you name it, they price it. Wait until you hear about skew…”
“Skew? Whats that?”
“Joe, they’re pricing the puts higher than calls. It’s unfair, Joe, it’s rigged against you.”
@gametheorizing Hey Jordi, I sent my CV to [email protected] about 2 weeks ago for the junior trader position. I haven’t heard back yet, have you already started looking at them or is it still early? Would love any update, thanks!
@Armv7lFx Yes but on a liquid market like the election I think it would be similar to using a shitcoin on a CEX as collateral. The volatility it's high for both but if you have a mm agreement then you solved the liquidity problem and on big markets liquidity is a bit better
@Armv7lFx One of their solution is to only allow margin on the most liquid market like election or fed decision that are less easy to manipulate
But yes, i agree that is a real issue. That's why no one has done it but I do think that it would gain traction if implemented.
@Armv7lFx If you want to create something poly doesn't have, that's what I have in mind and I think you could attract some degen, managing leverage position is definitely not an easy task ( but there are attempts: https://t.co/AI0HXpVHVw)
Maybe a designated mm that liquidates bad debt?
@AgustinLebron3 Also, if prediction markets are an approximation of the probability of an event happening and someone decides to fund a campaign and bet on it, it would be reflected in the market, making it more precise no?
@AgustinLebron3 Out of curiosity, what would be the difference between funding the campaign of a law maker for your pharma/gambling/whatever sector you prefer?
I'm genuinely curious why you would put societal poison on prediction market, could one make the same argument for other markets?
@BlackSwan_ptf @longironcondor Guys, what? There is no way he is younger than 24, sorry I'll have to buy your 26,
You are underestimating, there are people in their 40s still talking about how selling a covered call is getting an income so yes, I think he is way older than what you think
@notapornfolder_ so now that it reached you target i'm just curious to know if you have still a high conviction on this trade or the recent performance made you change idea
@jvb_xyz I agree on everything but looking at the start of the year when btc had the etf the average altcoin did a ~2x and your statement was as true 6 months ago as it is today,
so the question now the becomes IF btc and eth have another impulse higher why altcoin will not follow?