The Exchanges

Every argument clarity score on this site is built from rows on this page. Each question and answer was assessed with names hidden, the host's own answers included, on four things from 1 to 5: directness (does it answer the question asked), coherence (do the ideas follow), precision (concrete details and clear references), compression (says a lot per word). The weighted mix (30/30/25/15) is the exchange score. A person's published score averages their exchange scores on raw tape only, at least 8 of them, shrunk toward the cohort mean. Full method →

Leif Abraham no published score: only 1 usable exchange on raw tape, and a fair score needs 8+ record → ← everyone

Every exchange below was scored with names hidden, four dimensions each from 1 to 5. An exchange's score is 0.30·directness + 0.30·coherence + 0.25·precision + 0.15·compression. The published score averages the raw tape exchange scores and shrinks small samples toward the cohort mean, so five great answers can't beat twenty good ones. Produced feed rows count only toward coarse estimates, never toward a full score.

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1exchanges match
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Answered raw tape D 5 · C 5 · P 4 · Cm 4 4.60

Q and then went back up. Uh, and yeah, obviously you want to avoid that. Um, what, what about overnight trading? You always hear, oh, you're watching the futures market and, uh, it seems like Somebody has an edge here that they can trade before the market opens. Uh, how is 24 seven trading coming to America? We've heard some rumors. Is there a way to get in on that action?

A I mean, generally speaking, I think it's definitely coming. Like, it will also come to public at some point. Um, right now we essentially have, you know, four a.m. to eight p.m. Um, but the thing that you have to think of is that each trading window Has its own participants and its own liquidity and execution venues. And so think of it as like, there's the regular opening between your nine 34 PM. That's the most liquidity. It's when like most people participate. Um, you could call that the healthiest time in the market in theory. Then you have essentially pre-market and post-market, which is, you know, four AM to 9:30 and, uh, you know, four 30 to eight PM. And then you have overnight, which is like the new thing. Overnight right now, there's essentially only like one major player who drives the liquidity for that. And what happens there is that because you have, um, only one player, you have a lot of, um, like all I give, you have not as many platforms participating yet. And so you can have these moments where there's a lot of kind of unilateral flow happening. And that's why in the, in the, in the overnight markets, you often see certain stocks just suddenly rally or so on. And that is a little bit, I don't want to call it fake, but it's a little bit like it has these wild swings because the, the types of people that trade in those times of the markets and it's a concentrated…

AI assessment note: “I think it's definitely coming. Like, it will also come to public at some point.”

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