DoomPosting
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Degens Deteriorating
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GM

and stop losses are usually a horrible idea

world needs better mechanisms

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―6❀‍πŸ”₯2
Scam

Some fads are just gullibility tests, checking if you fall for absurd junk reasoning

Though don’t have it with sugar

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―4
DoomPosting
GM and stop losses are usually a horrible idea world needs better mechanisms πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
One big problem with stop losses is that they are a bet AGAINST volatility,

Exactly the opposite of what you want to do in these obviously volatile kinds of markets

They tend to get hit on these short deep wicks down,

β€” but those short deep wicks down are exactly where you’d want to be BUYING not selling, if you’re betting ON volatility

Essentially, stop losses and take profits are a very simple IF statement accepting only a very simple condition

Ideally we could upload more sophisticated path-dependent trading strategies to the exchange, than just a single crude if statement that gets you wrecked.

Such a thing has already existed, in-house, at big IBs and quant shops β€” where you can give the in-house system arbitrarily complex, stateful, path-dependent trading strategies as orders, and it runs the strategy for you.

AFAIK no such thing in crypto.

Tbh not even sure if this is a publically available thing for tradfi

Someday

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ”₯3πŸ’―3
Cambridge Dictionary goes woke and redefines β€˜woman’

Confirmed: Cambridge Dictionary is the woke commie dictionary

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―8
Yes, only Cambridge dictionary has the woke definition of β€œgeneralize” and β€œgeneralization”, which flip their meaning to the opposite.

AI and other dictionaries further corroborating,

Explaining that you can only flip the meaning by adding another word or prefix that flips the meaning, e.g. β€œovergeneralization”, β€œbad generalization”, etc.

Another one to add to the long list of words silently-weaponized by the left.

Another that afaik no one anywhere has even ever specifically pointed out.

Ofc probably almost no one even cares,

And that’s what makes the wordcel word-redefining attacks so powerful.

Long march through the dictionaries.

(Probably this attack partially works because of confusion about generalization in the mathematical sense, which you might be confused into thinking it flips the meaning, but actually does not at all, and is an orthogonal abstraction concept. Both universal and extistential mathematical generalization exist.)

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―4