Before I became a trader I worked as a bookmaker in sports betting. I will share a few valuable lessons
1. Risk vs Reward > strike rate
Biggest winning clients won ~35% of the time with avg 5-6x return on each bet
Biggest losing clients won 65% with an avg 0.3x return
Has no one thought to sue FTXโs liquidator? Sure FTX got caught in a liquidity squeeze, not the liquidators really dropped the ball on the disposal of assets
@WolfgangRichtEU I thought in the democratic western world you donโt just simply extort your citizen or businesses, let alone citizen of another nation.