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I worked in derivatives trading. ZH was mostly laughed at. At least lately, when it became a more racist RT.
by jevgeni 6y ago
I worked in derivatives trading. ZH was mostly laughed at. At least lately, when it became a more racist RT.
- koheripbal 6y agoI'm not sure if you're really in derivatives trading, because ZH has become a f*ing hero on our trading floor as if drove many positions to the short side in Feb because of their early coverage of the covid crisis. They published a number of warning indicators that we just didn't see anywhere else.
- linuxftw 6y agoThe problem with all trading is overcoming the HFT and market movers. If they see enough shorts, they shake you out. Even if I 100% know a company is going to go down, shorts always seemed to get squeezed, and it's completely rigged IMO. You need to have super deep pockets to avoid margin calls and a complete lack of fear to avoid total ruin.
- jevgeni 6y agoMostly structured products, like credit correlation in Europe.