Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by wpietri on Monday July 09, 2018 @03:05PM
(#17492609)
You claim to be a professional trader who claims to beat the market. I understand why you believe this paints you as somebody whose expertise we should trust. But hopefully you can see why to me it's just another anonymous person who claims they know better than everybody else.
This applies to journalism at large, but for market and trading analysis in particular, professors fit into this category much more than in other fields (such as engineering, where there is still a disconnect between academia and industry). In trading, anyone who truly understands the market at such a powerful level is using that knowledge to make money. It's a complex adaptive system, so publishing financially actionable research in the field is usually pointless because the market adapts. In my anecdotal experience, even engineers / employees of quant funds like yourself do not often really understand the market when they were focused on some specific piece of infrastructure / a part of someone else's larger design. When left alone without the infrastructure and systems they were used to, breaking even is often their best case scenario.
But this is all beside the point. Instead of personal attacks, getting defensive, and bowing to credentials, consider thinking for yourself and addressing the content, if you reply.
Source: I'm an anonymous professional trader who beats the market.