Most trades that "worked" have some combination of risk premium/structural alpha, and genuine alpha. That is, you were getting paid to either take a risk or perform a service, but also you got paid more than you "should" have because others had not noticed how good the trade was
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Replying to @macrocephalopod
Great thread as always. What see some potential areas that others have not noticed as of yet? Or their size is too big to care? Or they are too lazy to do anything about it? Specially from a small account perspective?
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Replying to @Sg423Sg
IMO the bitcoin futures/spot premium is larger than it needs to be given the risks, but it’s a capital intensive trade and there is close-out risk on the futures leg if you can’t meet a margin call.
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Replying to @macrocephalopod @Sg423Sg
That’s your one free alpha idea for the year!
1:00 PM - 17 Mar 2021
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