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My autobiography is definitely not a tragedy! - Chapter 925 - 546: Two Short, One Missing
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How could our model get fooled by such a simple misdirection, without any stop-loss mechanisms? Is all the budget we give to your tech department each year just feeding the dogs?"
"Mr. Wei, of course, we have stop-loss mechanisms, but the quantitative model is just a rigid trading program. It can’t optimally respond to every sudden situation.
If suddenly faced with a large number of sell orders that hit a critical point, the model indeed can make a misjudgment.
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