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postflopclarity 2 hours ago

I'm not complaining "just" because it's AI.

I'm complaining because it's AI, and also slop.

> resolves into "cross-venue infrastructure" — which is also a more durable edge than within-venue alpha

anybody who actually trades knows that on these markets, "cross venue infrastructure" (aka vibe coding some exchange api integrations) is much less important / durable than actual alpha.

skybrian an hour ago | parent | next [-]

That sounds plausible. Not a trader so I wouldn't know. Saying at least a little about what's actually wrong with it seems more useful than just saying it's slop, which gives me very little info over just a downvote.

postflopclarity 41 minutes ago | parent [-]

it's pretty easy to write basic trading api connectivity. the hard part is knowing what trades to send

even if we are very charitable and assume the comment refers only to like high-engineering-effort infra for trying to be super competitive on latency, that's still like the opposite of a durable edge, since everybody is looking at it. there's very little "hidden" knowledge and it's mostly a matter of elbow grease and careful engineering.

Retr0id an hour ago | parent | prev [-]

Slop aside, do you think it's reasonable to assume a decent fraction of those making consistent profits are arbitrage bots?

postflopclarity an hour ago | parent [-]

arbitrage is a rather overloaded word that people use for all kinds of strategies but yes, I predict most of the most profitable and consistent accounts are not actually attempting to forecast the outcome of these markets from first principles