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slow night tonght.....

Those swarms of birds and fish are too elegant to be compared with traders.

Look at what the army ants are doing. Here is a hint how to interpret the behaviour:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1691225/pdf/12590751.pdf



And this is the result:

Not as predicted by the theory? What about your trading account?

Fat Tails 

Those swarms of birds and fish are too elegant to be compared with traders. Look at what the army ants are doing. Here is a hint how to interpret the behaviour: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1691225/pdf/12590751.pdf And this is the result: Not as predicted by the theory? What about your trading account?

Leave it to FT to come up with a way to explain it and put it on a chart.......very good