console_player1

@erikzhang I must say I agree with @dahongfei take on this. Maybe you get a JPM or other sophisticated institution do something in this space but it’s totally worthless for any start up trying to innovate.

@macrocephalopod @JeffNadu Non journalists should maybe write less ? 🤔

@JeffNadu I don’t know about you but I think pro surgeons should encourage amateurs not to do surgery in their spare time Pro wrestlers should encourage amateurs not to copy their stunts And yes, pro traders should encourage amateurs to trade less

Wait you’re a “pro gambler” who talks to people about not gambling? I don’t get it.

@erikzhang Who wrote this article ?

@macrocephalopod @p_droaraujo By hand? Maybe system upgrade needed?

@p_droaraujo Yes we are constantly inverting 3x3 matrices, how else would you solve a three variable linear regression?

Interviewed a guy for a quant research job today. Couldn’t invert a 3x3 matrix by hand. Couldn’t derive Black Scholes. Couldn’t explain the in-place quicksort algorithm on the whiteboard. Just kept talking about “stochastic gradient descent” and “reinforcement learning” If you can’t do the basics, what’s the point? Obvious no hire.

@snakey_rob @dahongfei @GrabowskiDylan Honestly, flamingo has done a horrible job. I don’t know what they spend their time on but the team doesn’t seem to be up to the task.

@dahongfei @GrabowskiDylan It's the only dApp left on Neo that has activity even though it's small. Efforts to support or invest should be far greater. Why doesn't NGD talk to the flamingo team how to make it mutually beneficial.

NGD have been acquiring $NEO slowly but steadily since Jan 26. The buying will continue

@sdav1986 @ScottPh77711570 Double digit million in margin?

thank you but Winging it myself for the time being. I want to see if in 2026 I can run a double digits million derivatives book as a one solo trader, think it’s possible. My tech requirements are mid at the moment, and I am having fun learning it and piecing it together with the help of LLMs. I am a retail trader

At the moment, hypothetically, I would still pay a fairly large amount of money for a good dev ops person. The LLMs while great for coding very little isolated components they suck badly at putting things together. I have been winging dev ops myself to ver the last few months and boy it’s painful

@AgustinLebron3 @tmcgrathBC Optiver definitely does not pay that for first year graduates.

@tmcgrathBC Jane, Optiver at least.

➡️ How to tell if the trading company you're interviewing at is actually a scummy bucket shop that will take your money. ⬅️ 🧵 👉

@quant_arb So proof of reserves is meaningless then? How are they hiding the losses?

It’s extremely profitable to do this because you can just ban any accounts that make money trading and then you print a fortune rinsing entirely uninformed flow. The downside is that retail often takes really directional views en masse and you need to carry that OI in your book.

@Manofbitcoin 😂😂😂😂 Technical analysis on an asset which can be valued at almost any level the insiders want to…

$COAI (by request): The move to the upside does not exhibit a clear 5-wave structure, which makes a diagonal formation to the upside a possible, but still speculative scenario. Price has reached the 61.8% Fib retracement level and is currently attempting to hold support. If this level fails, the next downside targets are $0.8819 and $0.4938. The yellow roadmap illustrates how a bearish scenario could potentially unfold to the downside.

@JuliusElum COAI will pump again but first all the weak hands will have to get stopped out

The end of $COAI? The end of $MYX These two tokens printed badly. MYX delivered 120X pump from $5 million dollar market capitalization COAI delivered 70X pump from $40 million market capitalization Right now both are down. MYX so went down and for days now it's not looking like there is strength in it. COAI has been on a terrible dump, with no show of reversal strength. Is that a sign of the dead of COAI or we will see a bounce back? I want to know what you think⬇️ If that's the end of $COAI, which token do you think will be the next MYX & COAI?

@RenxiaoETHBTC @ChainOpera_AI This coin is done. Insiders dumping on the chart dip buyers

@0xLuka_ Looks like it’s done this thing…looks like insiders dumping on the guys that thought we’re getting a 3rd pump

Will $COAI comeback?

@JacobKinge If true, sounds like the right thing to do

BREAKING: Regional Bank Stocks are plunging hard today! They rely on short-term liquidity aka cash on hand to cover daily operations. Weekly government payments temporarily boost their cash via “float,” but when a shutdown stops those payments, banks must sell assets to stay liquid. Right now, large Treasury settlements are draining cash, and banks are borrowing heavily from the Fed to cover gaps. That selling pressure ripples through the broader market. My theory is that Democrats are intentionally letting this happen. They saw how the tariff crash briefly turned voters against the Trump administration and want to repeat it, trigger a recession, blame the GOP, and try to win the 2026 midterms, as the economy is #1 concern for voters.

@Norokoko1 @mercer_ilyass The funding has been crazy negative for a while now…unfortunately I think your upside getting quite small now actually after all the fees you’ve paid. No idea how long they can keep doing it…

@mercer_ilyass 5.7$ 🤣 too low i know But i didn’t add margin since last friday was a little bit…hard with all the liquidation

When i said i’m in war against $COAI scam i mean it I eat your funding fee for breakfast and will double the position when it will be back to normal and make it all back

@paolo_scales @ReSpinCasino

@ReSpinCasino I saw the numbers

I was in London two weeks ago and got invited to dinner with my a group of friends. There was one person in specific that stood out to me. - 22 years old - Russian - Running a crypto casino Making $5-10M/mo. I had 2 hour conversation with him and I genuinely feel like I came out a diferent man. One main thing he said to me was that most people wait until they have something to lose before they start playing His entire philosophy is built around acting when you have nothing to protect No reputation to maintain, no legacy to uphold, just pure execution He's a few years older than me, he ended up telling me that the scary part about getting older is accumulating enough comfort that you start protecting what you have instead of building what you want "Every year you wait, you add another excuse not to move" By 30 you'll have a mortgage, by 35 you'll have kids, By 40 you'll have too much to risk Your teens/20s is the only period where total failure doesn't actually cost you anything The biggest advantage of youth is NOT energy or time It's having absolutely nothing to lose and everything to gain

@jturek18 Kind of tells you how bad these PMIs can reflect actual conditions sometimes. Similar in the US btw…totally overestimate conditions at the moment.

Think this chart would surprise people. Maybe not the ECB, but a lot of people who trade European rates. Germany mfg PMI

@JoeyMannarinoUS He is spot on

Follow my account for more stories like this one because this does happen to me more than you’d think. The man said something that struck me as so insane towards the end. He said “With Trump, someone has to always win and he is always the one that has to win. And it always comes at the expense of others.” I said, “So aren’t you glad that you have one who wins fighting for America?” And he said “No, because it’s not all about winning and losing. And now everyone hates America because we’re destroying their economies.” I said, “But you’re improving yours. Isn’t that good for you? You’re American - why do you care if other countries lose?” And he just said “Well just be glad you don’t have to deal with him.” Absolutely mental.

When I’m abroad and meet Americans who I can tell are liberals I always lie and say I’m Italian and ask them to explain the current US political landscape to me. So, I’m having dinner in Istanbul and ended up talking to this couple from Texas who are insanely liberal. I asked how the situation is with Trump. The wife of the man told me how awful things are and that the tariffs are ruining America. I asked how and I asked why since the deal he did with Europe screwed over Europe and helped America. The wife told me that all the money is just going directly to Trump and his friends but not to Americans. The wife then started on about how Trump has not used Congress at all and is writing all the laws himself for the first time in history. She then told me how it’s all based on a document called Project 2025 which Trump wants to replace the Constitution with. So I give slight pushback about that and said I read that you can’t change the Constitution without all the states agreeing or something and she said “but he doesn’t care and it’s happening”. Amazing how brainwashed these people are. I’ll be taking a river cruise after dinner with these people so I’ll keep getting answers from them about what a brainwashed liberal thinks. Any questions I should ask them?

@btcnft420 Or they just realize that if stupid corporates start getting involved it’s time to leave

Not trying to FUD or sound schizo but it's actually concerning that multiple Satoshi-era wallets are exiting entirely. These are OG cypherpunks from a tight-knit circle who might collectively know something insane like BTC has a fatal flaw or Satoshi is about to reactivate.

@Ksidiii Your takes are really bad…there’s no edge, nothing in what you do…it just shows how bad most institutional volatility trading is

To be clear, I had a very bearish view during the beginning of May. But those call options were priced like nothing because of all the restriking of call overwriting that was taking place as we slid to lower spot prices in the S&P. The pricing versus what the market was doing just didn’t make sense. Looking back today that was one of the best trades of the year.

I remember seeing someone back in May claiming that S&P calls were overpriced. That’s exactly the kind of conclusion you reach when your derivative infrastructure is weak, it leads to poorly formed views built on shallow analysis. At the time, the S&P was in the midst of a nearly 20% rally off the lows in just three weeks, and 1-month 10% OTM calls were pricing at around 11 vol. In what world is that expensive? It’s actually the complete opposite, and clearly the view I had was correct. The problem is, many people look at option pricing in a vacuum. They’ll see a floating strike implied vol and compare it to some long-term historical percentile. For example: “25-delta 1M puts are trading at 20 vol — that’s in the 90th percentile on a 10-year lookback.” That kind of analysis is rudimentary. It completely ignores the broader context needed to actually trade a derivatives book effectively. Spot-vol covariance, vol beta, and the way the surface reshapes due to supply/demand all matter. Let’s walk through it: Say a 10% OTM 1M S&P put is historically in the 90th vol rank. A surface-level take is “that’s rich.” Historically, maybe on a 1% down move, that option doubles. But today, after a 1% drop, the same option quadruples. Was it really rich? Obviously not. There are countless ways to frame option valuations……….but you have to understand that derivative markets don’t function in isolation. Surface shifts, flow regimes, convexity dynamics….. all of it is supply and demand dynamics that feeds into the pricing. Treating options like static instruments divorced from the actual market environment is how bad takes are formed. When the market moves nearly 20% in three weeks, yet derivative pricing is implying it can’t do even a third of that over the next eight months….. you take that bet. Every time!!!!!

@sdav1986 @KrisAbdelmessih Trades his own money in a solo venture is prop…most would not trade at all using the same systems, execution etc as retail and amount of capital will be totally different ball game too.

@KrisAbdelmessih The definition is very blurry. Are you a retail trader? Technically yes, but not really. To me retail just means trades his own capital in a solo venture…. That‘s it. Does not imply anything on sophistication

He is spot here! a lot of retail traders are former pros retiring or taking a break and trading their own money. Also who made a killing buying the dip in April??? Retail that’s who! I hate *employees* of big hedge funds dunking on retail.