#derivative trade in gold or bitcoin or cowdung are just synthetic electronic trading (just tracking price ticker only )with no delivery agreement or promise of the underlying real asset at settlement.
those newbie starting to learn it means some big bank sell 50000tonne of gold in books or 50million bitcoin at the futures exchange like CME hence real supply LIMIT has no meaning whatsoever in context DERIVATIVE BANKS PROP TRADING electronic books and they can carry trade losses for 20 to 50 yrs unlike an individual trader who can go belly up financially with few wrong trades. derivative trading platforms never need to hold the real asset at all unlike SPOT Exchanges or DEX Swap or ON-Chain PEG like Liquid-BTC or Wrapped BTC or HTLC locked like LN
captjack / captjack 🏴☠️✨💜
npub1te…mjgwp
2024-08-28 21:18:43
in reply to nevent1q…8328
Author Public Key
npub1te0uzs6vj29umjaxlqqct82j8q6ppyefrxq06dhr8d6pvwfatgkqjmjgwpPublished at
2024-08-28 21:18:43Event JSON
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"content": "#derivative trade in gold or bitcoin or cowdung are just synthetic electronic trading (just tracking price ticker only )with no delivery agreement or promise of the underlying real asset at settlement.\nthose newbie starting to learn it means some big bank sell 50000tonne of gold in books or 50million bitcoin at the futures exchange like CME hence real supply LIMIT has no meaning whatsoever in context DERIVATIVE BANKS PROP TRADING electronic books and they can carry trade losses for 20 to 50 yrs unlike an individual trader who can go belly up financially with few wrong trades. derivative trading platforms never need to hold the real asset at all unlike SPOT Exchanges or DEX Swap or ON-Chain PEG like Liquid-BTC or Wrapped BTC or HTLC locked like LN",
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