GM
and stop losses are usually a horrible idea
world needs better mechanisms
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and stop losses are usually a horrible idea
world needs better mechanisms
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๐ฏ6โคโ๐ฅ2
Scam
Some fads are just gullibility tests, checking if you fall for absurd junk reasoning
Though donโt have it with sugar
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Some fads are just gullibility tests, checking if you fall for absurd junk reasoning
Though donโt have it with sugar
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DoomPosting
GM and stop losses are usually a horrible idea world needs better mechanisms ๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐
๐
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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,
โ but those short deep wicks down are exactly where youโd want to be BUYING not selling, if youโre 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 โ 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
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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,
โ but those short deep wicks down are exactly where youโd want to be BUYING not selling, if youโre 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 โ 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
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๐ฅ3๐ฏ3
Cambridge Dictionary goes woke and redefines โwomanโ
Confirmed: Cambridge Dictionary is the woke commie dictionary
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Confirmed: Cambridge Dictionary is the woke commie dictionary
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๐ฏ8
Yes, only Cambridge dictionary has the woke definition of โgeneralizeโ and โgeneralizationโ, 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. โovergeneralizationโ, โbad generalizationโ, 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 thatโs 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.)
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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. โovergeneralizationโ, โbad generalizationโ, 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 thatโs 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.)
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๐ฏ4
โstereotypeโ is more rightfully the proper, negatively-connotated word to mean โbad generalizationโ i.e. overgeneralization.
But the redefining of the words โgeneralizeโ or โgeneralizedโ to mean always bad?
= straight up war on basic, true, pattern recognition
Absolute insanity.
Control the language control the thinking.
Long march through the dictionaries.
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
But the redefining of the words โgeneralizeโ or โgeneralizedโ to mean always bad?
= straight up war on basic, true, pattern recognition
Absolute insanity.
Control the language control the thinking.
Long march through the dictionaries.
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๐ฏ8
DoomPosting
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, โ but those short deep wicks downโฆ
The words all sound nice to amateurs but,
nah man.
Youโre getting repeatedly wrecked by high volality,
but instead of betting on higher volatility you go the opposite direction and bet on lower?
Opposite of the right lesson.
Moving your bet in the opposite direction of where you should be.
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nah man.
Youโre getting repeatedly wrecked by high volality,
but instead of betting on higher volatility you go the opposite direction and bet on lower?
Opposite of the right lesson.
Moving your bet in the opposite direction of where you should be.
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
๐ฏ3
Forwarded from DoomPosting
When people get married, they stop trying as hard
โThe ageโgenius curves among jazz musicians, painters and authors are also similar to the ageโcrime curve. Further, marriage has a strong desistance effect on both crime and genius.โ
โI argue that this is because both crime and genius stem from men s evolved psychological mechanism which compels them to be highly competitive in early adulthood but โโturns offโโ when they get married and have children.โ
โFluctuating levels of testosterone, which decreases when men get married and have children, can provide the biochemical microfoundation for this psychological mechanism.โ
โThe ageโgenius curves among jazz musicians, painters and authors are also similar to the ageโcrime curve. Further, marriage has a strong desistance effect on both crime and genius.โ
โI argue that this is because both crime and genius stem from men s evolved psychological mechanism which compels them to be highly competitive in early adulthood but โโturns offโโ when they get married and have children.โ
โFluctuating levels of testosterone, which decreases when men get married and have children, can provide the biochemical microfoundation for this psychological mechanism.โ
๐ฏ6
DoomPosting
When people get married, they stop trying as hard โThe ageโgenius curves among jazz musicians, painters and authors are also similar to the ageโcrime curve. Further, marriage has a strong desistance effect on both crime and genius.โ โI argue that this isโฆ
Because women, and especially having children, may wreck guys careers, especially the top ones?
Very hard to admit
But all evidence sure does seem to point in that direction
That would go a long way in helping explain why so many rappers are secretly gay
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Very hard to admit
But all evidence sure does seem to point in that direction
That would go a long way in helping explain why so many rappers are secretly gay
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๐คฃ5๐ฏ2๐2
Doctors are technicians, not experts.
Technicians like a car mechanic changing your oil, not experts, like a scientist or engineer whoโs designing your carโs engine.
And this is before you even get into the leftโs corruption of real experts like scientists or engineers.
Doctors are simply not even experts in the first place.
Their career and pay is not based on being right, but rather just whether they followed the policies and procedures that someone else made = technicians.
Real experts get wrecked if theyโre repeatedly wrong, doctors do not.
Scientists or engineers who are repeatedly wrong get wrecked, technicians who are doing the wrong thing but following policies others made, do not.
Doctors are technicians, not experts.
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Technicians like a car mechanic changing your oil, not experts, like a scientist or engineer whoโs designing your carโs engine.
And this is before you even get into the leftโs corruption of real experts like scientists or engineers.
Doctors are simply not even experts in the first place.
Their career and pay is not based on being right, but rather just whether they followed the policies and procedures that someone else made = technicians.
Real experts get wrecked if theyโre repeatedly wrong, doctors do not.
Scientists or engineers who are repeatedly wrong get wrecked, technicians who are doing the wrong thing but following policies others made, do not.
Doctors are technicians, not experts.
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