Isnt this what that autistic kid from england got arrested and taken down for. He was making a ton of money doing what these market makers do anyway.
Edit:
> Sarao realised that the high frequency traders all used similar software. That made the market twitchy - like a flock of sheep, all moving in the same direction.
> His software took advantage of this by placing thousands of orders before quickly cancelling or changing them, once he had created artificial demand for other traders to buy or sell that asset.
[link](https://www-bbc-com.cdn.ampproject.org/v/s/www.bbc.com/news/explainers-51265169.amp?amp_gsa=1&_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=17638738103642&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.bbc.com%2Fnews%2Fexplainers-51265169)
And the model for most data centers so far is a super-water-thirsty facility that actually removes water from the eco-system due to the contaminants that are put in the water in order to preserve the equipment which it cools. I [read something about it](https://economictimes.indiatimes.com/news/international/us/texas-ai-data-centers-water-usage-texas-ai-centers-guzzle-463-million-gallons-now-residents-are-asked-to-cut-back-on-showers-ai-news/articleshow/122983253.cms) -- I think it was Austin, Tx residents were being told to "take shorter showers" to conserve water, because nobody (but nobody) is going to shutdown the multi-million-water-gallon data center.
And btw, live with it.
EDIT: typos, clarity.
That pathetic edit really is a cherry on top. You’re begging for a job here after losing more money than regular people will ever have? Lol. Lmao even.
I know, I guess I’m just kind of unnerved that machines are coming to the same conclusions as us in this sort of way (even if it is “logical”)
EDIT: I’m very curious to see what other methods will these algorithms “independently discover” to pull a fast one on us, it’s like watching a horror movie where I’m excited to see what happens next but dreading it simultaneously
Where did you learn your technical knowledge? Do you have any resources which you recommend for a person who would like to pursue this as a hobby (obv. with fake money)?
I know python and college statistics. I know the learning path is long and hard, but this seems really interesting.
Edit: also how is algo trading different from normal technical analysis (charts and stuff)? I have the firm belief that technical analysis is the astrology equivalent for men.
[https://www.youtube.com/watch?v=lnBLqv3aHz4](https://www.youtube.com/watch?v=lnBLqv3aHz4)
EDIT: Video 20 min long.
this guy explained kinda good what was a problem with NVDA earnings.
https://preview.redd.it/2x62xvkyuu2g1.jpeg?width=588&format=pjpg&auto=webp&s=d11edf1bbcf4c4f5deabf0063f4fbdf1bfef04b6
This is so much better and the Prayer Email scene from Bruce Almighty comes to mind.
Edit: had to add the pic
Its because if companies list the depreciation over a greater number of years the annualized price appears lower, making it look like they've spent less.
Its like if you claim cars should last 20 years and get a 15 year loan to keep the note low.
EDIT: Personally I could see up to 5 years fwiw.
Def not systemic risk, but a clean decoupled scenario is not realistic at all.
This is the awful place we are in, built up from over a decade of trying to hype/integrate this into the financial system (though yes it could have been far worse, all banks and corps being as incredibly exposed as Saylor's shitcorp)
EDIT: i think anyone who cant come up with a valid reason as to why this is not true is victimizing themselves of wishful thinking still. Markets have considerable exposure and the past month has been telling.
I'm doing one of those Angel Tree things and the people asked for toilet paper. I am now wandering through Kroger with so much toilet paper and people are giving me weird looks, so this is fun.
For you fellow degens, you might like the spot price etf IBIT because it’s marginable, covered by sipc insurance like other spot price etfs (gld slv ura), shows up as assets when you apply for a loan, and has an options tree to gamble on