Most market commentary opens with a forecast. Rates will fall, or oil will rise, or equities are overbought. A large share of short-term price action has nothing to do with anyone changing their mind. Certain participants simply run out of room to wait, and that alone moves price.
本月免费剩余 0/3
Ask ZChat · save an investment note
Forced Sellers Move Markets More Than Headlines Do
The 2022 UK gilt crisis, the August 2024 VIX spike, and every quarterly index rebalance trace back to the same mechanism — someone running out of room to wait
Further reading
- VOL RESEARCHQuant Trading Is Not What You ThinkQuant trading is REALLY not what you think...
- VOL RESEARCHData Cleaning Part 3: Look-Ahead Bias and Survivorship Bias in BacktestingFor every backtest there are two default assumptions. First, the backtest engine knew only what was knowable at the moment of execution. Second, the engine saw every liquid stock t
- VOL RESEARCHTRADING DATA CLEANING Part 2: OHLCV Data Explained for BacktestingOHLCV data records each bar's open, high, low, close and volume, and its timestamp decides what your backtest can know.
- VOL RESEARCHWhy Most Quant Traders Are Optimizing the Wrong ThingHere's what most quant traders have done wrong...
- VOL RESEARCHBuilding a Low-Frequency Quantitative FX Strategy Using Python(USD/JPY &EUR/JPY)Building a Low-Frequency Quantitative FX Strategy Using Python(USD/JPY &EUR/JPY)Here’s A Complete Guide with EUR/JPY & USD/JPYIntroductionLow-frequ
- VOL RESEARCHWhat Is Data Cleaning in Trading?Data cleaning finds and fixes wrong, missing and mistimed price data before it reaches your backtest.