All of you users with "Hedge Fund - Quant" or "Sales & Trading" as your Industry/Career...
Why do you market-makers love jewing the market? I woke up, on Thursday, to my ES contracts tanking in value. Seriously, you aren't making the market efficient. All you do is play your jewy tricks by selling your shares, creating fear, buying it at a cheap price and then move the price up. I won't be surprised if you unload your positions (causing a drop), while having a short position, then covering while buying more at the drop, then pushing the price back up next week.
I just wanted to let all the users here who work in market making that I hate you with all my heart and hope each and last one of you end up in prison and get shafted.
Oh, I am also up 84% up YTD, so your jewry isn't working very well. You math/quant queers can use equations all you want but nothing beats technical-analysis and probability.
Thank you.
I don't think you understand what market making is
This is what market making is. It's where Citadel, Bridgewater, Wall Street and HFs create panic in the market and profit off it.
Again, I'm not too mad. I'm still a pretty damn good trader. I just wish are the -bergs and -schwarz wouldn't have a big hand in the market to screw over retail traders.
EDIT: oh, just realized you are an intern. What did you boss tell the floor Thursday morning? Did you all pull your orders then buy them back at a cheap price? S&P dropped 10 points and came back up and then some. I bet you all made a nice bonus didn't you?
I hope they enjoy gang raping the economy I wont be suprised if it ended up like 2008, a regular man like me cant even buy telsa anymore.
....that's not how this works...that's not how any of this works.
Also...you whine about your portfolio and then brag about your YTD PnL? Which is it?
Christ...
https://imgur.com/a/KkRrx
one of the geeds on this forum caught artificially increasing the price to scalp it on the other side.
also that is how it works, you must be one of those buy and hold for 50 years guy
My trading is longer-term, yes, but I think your quarrel is more with the HFT guys...also, on average, liquidity, transaction prices, volume & volatility have decreased. And yeah, once in a while, shit like this happens. Certainly a lot better than having a world-ending crash every decade or so.
Oh I thought HFT=Market Making,. Yeah the HFT people are goons and I hope they all get sent to prison. It's nice having some super tight bid-asks and liquidity.
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