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- real manipulation done by central bankers & way worse than traders who where jailed
- in 07-08 all banks were consistenlty lying about the true cost of borrowing dollars by lowballing their funding rate which lead to a massively depressed LIBOR
- Peter Johnson - The low ball tapes
+
+# Relative values trades exemple
+
+Long ratio at 2
+10% stp loss on ratio = 0.2
+so stp loss at 1.8 on ratio
+soft target = 0.2 * 3 = .6 = 2.6
+when soft target hit buy short stop A short more stock B
+roll up stp loss