Prop trading
A stylized fact of financial markets is that there are some risk-loving retail traders who like to make highly levered bets on stocks, currencies, commodities and crypto, and in the medium run almost all of them will lose almost all of their money. The bets are of the form “if Thing X goes up 2% I double my money, but if it goes down 2% I lose all my money”; this works for a couple of days and is fun, and then they lose all their money. This trade seems to have a ton of very ...
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