Markets are made up of two types of people:
those who think they’re smart… and those who actually are.
The position… and the liquidity that validates it.
Thank you for participating.
They follow signals.
You clear them.
Position was on before the narrative existed. Size was set before confidence showed up. By the time it’s being discussed, it’s already been placed… and distributed to someone just informed enough to take it.
Funny how that works.
They’re looking for confirmation.
You’re deciding how much to give them.
