Small alpha leak: the CME closes for an hour from 5-6pm ET. The market becomes extra thin during this window, resulting in exaggerated moves. Price *usually* mean reverts after 6pm, but of course this all depends on general positioning and the magnitude of the move It’s v

The most important aspect here is liquidity. You see that the liquidity just disappeared. Not only was there no liquidity on the bid side, but there was also huge liquidity on the ask side. There was a moment where liquidity on the ask side was 200 times bigger than on the bid.

“You need to be a pig when there’s edge… You don’t sleep. There’s plenty of time for that when things slow down.” Also important to NOT be a pig when things are slow. Don’t reach for yield; wait for opportunity. When it comes, be quick to size 🆙 🆙

If you don’t see the meat, you are the meat

were u the meat today anon

This is my quant

A+ thread

too many poker players play soft pre flop and then try to be aggressive post flop after they've made a hand great poker players play aggressive pre flop or before they've made a hand to realize their equity same goes for crypto and sizing - too many people like to size after a

Your counterparty still thinks Blackrock is some Jew in the shadows that buys and sells at their own discretion As opposed to a bunch of boomer monkeys ripping shit in their PA

If you’re tryna build a medium-term position, the best places to bid are around range lows (80-83). If that doesn’t hold, prior ATH could be decent as well