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by sidlls 3592 days ago
Possibly. Also, due to the nature of trading, they may have been wiped out in this hypothetical "reverse all trades" scenario before they were in reality. For example, they could have had one potent stochastic windfall early in their career that, had it gone the other way, would have wiped them out.
1 comments

I agree. The nature of the spread acts like entropy.