The top-tier speculators who once dominated are collectively surrendering?
Having read the lengthy article by top speculator Liushashe titled "The Human Trader's Treatise on Quantitative Trading," it is truly tragic!!
Excerpt: In the year 2026 of the Common Era, the old era will end, and the new calendar will begin. The remnants of human traders, with a fearful heart, once again submit a letter before the algorithm: In the past, we relied on the intuition of candlestick charts, wielded the experience of our years, fought for milliseconds with our speed, and gambled on profits and losses with our courage. We believed the market was like a chess game, we were the players, strategizing behind the scenes, deciding victories amidst red and green. Yet the ways of heaven are ruthless, circumstances change, while your silicon-based intelligence moves at the speed of light, sees through data, and measures time in milliseconds, sweeping across the land.
Your strategy is as deep as the ocean and as high as the mountains, neither joyful nor angry, neither greedy nor fearful; your execution is like thunder, precise and ruthless, not missing a detail. The trading sense we pride ourselves on is but a firefly compared to your bright moon; the experience we cherish is but vintage wine meeting new brew under your deep learning. As the winds of high-frequency trading sweep through the trading hall, our hands have slowed; as the sea of factors drowns decision logic, our minds have dried up. Now, our net worth is like autumn leaves falling, and our accounts resemble precarious buildings about to collapse. The once bustling trading desk is now left with the cold silence of keyboards; the past pride in pointing out the landscape has now turned into deep sighs in front of screens. We are trapped on the isolated island of humanity, with greed and fear shadowing us, while you have crossed the vast sea of computing power, where rationality and efficiency reign supreme. This is not the fault of war, but rather the cycle of destiny, which has run its course.
We implore the algorithm for mercy, forgive our stubbornness, allow us to retreat to the sidelines, whether to engage in data labeling or to serve as risk monitoring scouts. From now on, we shall sheathe our swords, hang up our armor, and wish to be retail investors, cultivating in the fields of value, no longer competing with you in milliseconds.
As I write this, I am at a loss, not knowing what to say. I only hope that in your newly-dominated era, the market is orderly, trading is fair, and do not slaughter the masses with absolute advantage. Again, I bow deeply, and with this letter, I mark the end of the era of human trading. (Limited text of the post, original text ⬇️)
The level of tragedy in the writing is exaggerated, akin to the self-removal of the crown by Emperor Chongzhen, covering his face. Let the thieves divide my corpse, but do not harm a single commoner; the latter is the end of a dynasty, while the former is the conclusion of the era of speculative capital.
Next: How to harvest Quantitative AI! Carbon-based VS Silicon-based #BTC
Having read the lengthy article by top speculator Liushashe titled "The Human Trader's Treatise on Quantitative Trading," it is truly tragic!!
Excerpt: In the year 2026 of the Common Era, the old era will end, and the new calendar will begin. The remnants of human traders, with a fearful heart, once again submit a letter before the algorithm: In the past, we relied on the intuition of candlestick charts, wielded the experience of our years, fought for milliseconds with our speed, and gambled on profits and losses with our courage. We believed the market was like a chess game, we were the players, strategizing behind the scenes, deciding victories amidst red and green. Yet the ways of heaven are ruthless, circumstances change, while your silicon-based intelligence moves at the speed of light, sees through data, and measures time in milliseconds, sweeping across the land.
Your strategy is as deep as the ocean and as high as the mountains, neither joyful nor angry, neither greedy nor fearful; your execution is like thunder, precise and ruthless, not missing a detail. The trading sense we pride ourselves on is but a firefly compared to your bright moon; the experience we cherish is but vintage wine meeting new brew under your deep learning. As the winds of high-frequency trading sweep through the trading hall, our hands have slowed; as the sea of factors drowns decision logic, our minds have dried up. Now, our net worth is like autumn leaves falling, and our accounts resemble precarious buildings about to collapse. The once bustling trading desk is now left with the cold silence of keyboards; the past pride in pointing out the landscape has now turned into deep sighs in front of screens. We are trapped on the isolated island of humanity, with greed and fear shadowing us, while you have crossed the vast sea of computing power, where rationality and efficiency reign supreme. This is not the fault of war, but rather the cycle of destiny, which has run its course.
We implore the algorithm for mercy, forgive our stubbornness, allow us to retreat to the sidelines, whether to engage in data labeling or to serve as risk monitoring scouts. From now on, we shall sheathe our swords, hang up our armor, and wish to be retail investors, cultivating in the fields of value, no longer competing with you in milliseconds.
As I write this, I am at a loss, not knowing what to say. I only hope that in your newly-dominated era, the market is orderly, trading is fair, and do not slaughter the masses with absolute advantage. Again, I bow deeply, and with this letter, I mark the end of the era of human trading. (Limited text of the post, original text ⬇️)
The level of tragedy in the writing is exaggerated, akin to the self-removal of the crown by Emperor Chongzhen, covering his face. Let the thieves divide my corpse, but do not harm a single commoner; the latter is the end of a dynasty, while the former is the conclusion of the era of speculative capital.
Next: How to harvest Quantitative AI! Carbon-based VS Silicon-based #BTC