Jul

27

Had some stars: Messi, the 19 year old Spanish kid, who had amazing skills of deception using multiple varied fakes, head fakes, fake kicks, fake direction changes leaving defenders falling flat on the ground. Even when defenders grabbed, tripped, pushed them they extricated tai chi style and slipped through. Fun to watch.

The market used to be a lot like them before. My theory is now that bots do almost all the volume, the moves are more mechanical, rigid, less jerky, and somewhat more predictable in a mechanical manner. Especially the brokers who don't care about price, the dealers who don't really care about price and more about delta, and I'd say the banks are the worst as they make their money front running their clients. It might be hard to model the model's interactions, but the blatant price action seems easier to follow for a human being - very directional.


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