If you learn about Quants or machine trading you'll understand that it's an algorithm and although very complex it can be gamed. Soros has the amount of money to test the quants, measure responses and find errors in the way these algos act. Think of it like finding a 'zero day exploit'. A hacker sits out there, testing defenses until figuring out something that nobody knew about the way some program acts. Soros is doing the same thing with money and trading. He throws money at the trades, testing responses until he finds one that is a bit weak. Then Soros drives a 10 million dollar trade through the gap and doubles his money in a single day.
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noeltrotsky ago
If you learn about Quants or machine trading you'll understand that it's an algorithm and although very complex it can be gamed. Soros has the amount of money to test the quants, measure responses and find errors in the way these algos act. Think of it like finding a 'zero day exploit'. A hacker sits out there, testing defenses until figuring out something that nobody knew about the way some program acts. Soros is doing the same thing with money and trading. He throws money at the trades, testing responses until he finds one that is a bit weak. Then Soros drives a 10 million dollar trade through the gap and doubles his money in a single day.