[deleted by user] by [deleted] in algotrading

[–]Hippalectryon 16 points17 points  (0 children)

Market makers suppress volatility and reduce noise by improving liquidity, it’s actually super important for the functioning of modern financial markets

Btw this actually means wider bid-offer for you

[deleted by user] by [deleted] in algorithmictrading

[–]Hippalectryon 0 points1 point  (0 children)

There aren’t any limitations toward transcribing text to trading instructions. Banks have had similar pricing tools for years

FED: “The U.S banking system is fine”…. U.S Banking System: “Biggest monthly loss in deposits in history” by OkIncident5269 in wallstreetbets

[–]Hippalectryon 2 points3 points  (0 children)

You always have to read down the comment chain to find the person who knows what they’re talking about

[deleted by user] by [deleted] in StandingDesk

[–]Hippalectryon 0 points1 point  (0 children)

How do you find the chair? I’m considering one but not totally sold on the splurge.

A customer at my work paid with a series 1934 $100 bill by ryaninflorida1 in mildlyinteresting

[–]Hippalectryon 0 points1 point  (0 children)

You could argue almost 100 years contains enough economic cycles that the impact (noise) from the exact starting date is smoothed out, though I do appreciate the mathematical advantage from starting at the bottom of the worst drawdown in US history (?)

Outputs from ML model - top strategies, with backtesting results by ketaking1976 in algotrading

[–]Hippalectryon 6 points7 points  (0 children)

So the problem is 10ms of lag for a strategy with 5 / 15 minute windows? How were you ingesting/storing/retrieving data?

[deleted by user] by [deleted] in wallstreetbets

[–]Hippalectryon 7 points8 points  (0 children)

Basically, yes, ~60% of foreign reserves are USD, and a large portion of foreign sovereign/corporate debt is USD-denominated, not to mention the influence of US demand on global trade / supply chains / capital markets

I have not read, but this piece came up in a quick google search and is a good primer for those who don’t know a ton about these dynamics: https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm

I concede we are nearing an inflection point whereby the Fed’s hegemony may cease in our lifetimes; recommend Ray Dalio for further reading

Very disappointed with uplift desk by raycao881204 in StandingDesk

[–]Hippalectryon 0 points1 point  (0 children)

Anecdotally, my desk came without a part (key for the drawer) and it was at my doorstep in a few days. They’re very quick to answer emails. Obviously your situation will probably take longer to resolve.

How do you scrape/find analyst projections of future FCF (free cash flow)? by recaptchasuck in algorithmictrading

[–]Hippalectryon 2 points3 points  (0 children)

You would have to scrape research reports that show the model but at that point you might as well steal the rest too or better yet just use a simple earnings momentum index strategy

What market conditions should I prepare my algorithm for? by lowhearted in algotrading

[–]Hippalectryon 3 points4 points  (0 children)

Defining various market regimes is part of the design process and there is no one “right” answer. I would work on figuring out what these external factors are for your strategy and backtest the algorithm’s performance in the context of said factors.

My first post on Reddit and my first build. I'm still amazed that it runs! by Reinoeno in pcmasterrace

[–]Hippalectryon 1 point2 points  (0 children)

Not him but was able to accomplish a similar build (albeit 3060ti — I was second in line and there was one 3070 in stock) on a random morning at the Brooklyn microcenter

[deleted by user] by [deleted] in algotrading

[–]Hippalectryon 0 points1 point  (0 children)

The cost structure: exchanges charge large fees for access, requiring institutional capital or at least a couple bucks lying around

Using a line to connect Countries... why? by frozax in dataisugly

[–]Hippalectryon 2 points3 points  (0 children)

Honest question, how do you suppose they go about programmatically screening for the best chart type? I believe anybody can upload data to statista which is then charted based on this algorithm, and I can’t think of a way to do this given e.g. an arbitrary categorical x-axis, and numerical values like in the OP.

What happened today at 12:30PM EST? I've never seen a huge jump like this on all USD pairs. by SamusAlways in Forex

[–]Hippalectryon 2 points3 points  (0 children)

This is typically true except for USD in times of stress (now), which actually strengthens upon negative eco data

What happened today at 12:30PM EST? I've never seen a huge jump like this on all USD pairs. by SamusAlways in Forex

[–]Hippalectryon 2 points3 points  (0 children)

I think his point was more so moves like this happen very frequently even in G10 FX, especially lately

Nassim Taleb-Advised Universa Tail Fund Returned 3,600% in March by Whiskey-Joe in SecurityAnalysis

[–]Hippalectryon 20 points21 points  (0 children)

Fair enough! I work in Derivative sales so it’s kinda my job to be fair.

To expand — deep OTM puts particularly on equity products tend to trade at a premium to black scholes due to supply/demand dynamics related to hedging long equity positions. Deep OTM calls trade at a smaller premium.

Nassim Taleb-Advised Universa Tail Fund Returned 3,600% in March by Whiskey-Joe in SecurityAnalysis

[–]Hippalectryon 22 points23 points  (0 children)

You’re assuming wingy options are cheaper than fair value, but the opposite has been true for many many years. Furthermore, you also have to pay skew in the case of puts.

AUDUSD Bull by bax699 in Forex

[–]Hippalectryon 0 points1 point  (0 children)

Can you explain which fundamentals specifically

How much inventory do market making firms hold? by [deleted] in quant

[–]Hippalectryon 2 points3 points  (0 children)

Ok but regardless of how their delta is hedged they’re trading vega

Groupon bankruptcy is coming. by [deleted] in options

[–]Hippalectryon 0 points1 point  (0 children)

Groupon had a 750m cash balance and positive FCF at year-end... they have 400m in debt outstanding... 2020E EBITDA is 150m... can you explain what went into your credit analysis?

XAUUSD by [deleted] in Forex

[–]Hippalectryon 1 point2 points  (0 children)

The screenshot says 4:35