JaneStreet the Beauty!

After being banned for 3 days (don’t know why) I am back to Reddit. As soon as I opened subs they were flooded with JaneStreet rants. First I thought it must be some stock or some Mutual Fund who looted stock holders and vanished.

When I opened all the comments on the feeds I came to know it was some hedge fund who looted stock “Manipulated” the Indian Market as per SEBI.

So I went deep into the matter and I found out entire scenario what exactly happened.

I feel Jane Street just showed you the glimpse of US stock market. “The High Frequency Trading”.

How and What they did you all know better than me but is really Jane Street a villain here? Adani has been doing this thing since ages. Adani is infamous for trapping retailers and their operator traps so bad that some of the HNIs have stopped trading in Adani. You use fundamentals or Technicals Adani operators are just unpredictable. Coming back to JaneStreet, our SEBI is so dumb and so backward in following such cases that they realise these kinda trading after 5-6 months. It has happened before when Harshad Mehta was booming. It has happened everytime From Dhirubhai Ambani to RJ to Every other HNI in Indian Stock Market. They didn’t even fine Dhirubhai in 1987-90 I don’t exactly remember the year but when Bears were shorting Reliance like anything. When the so called “Friends of Reliance” started buying the shares. They had investigated that exact matter in 2007-08 something in the budget.

Everybody is bashing JanStreet for using their Algos and Money for manipulation. People here are crying for volumes and all nonsense. Come on guys! Have you even bought 18000 quantities of Nifty options in your life? You don’t even know when and how to buy Option and you are crying over JaneStreet?

And I am also not saying JaneStreet is entirely correct. But they have done all they could in their limits. SEBI on other hand is still not understanding what exactly happened. This is their textbook style to punish such players. Nobody is questioning SEBI. SEBI is just a headless chicken.

And just a simple question. If I have so much money that I can change entire OI data from Red to Green or vice versa then what’s wrong with that? Am I here to earn money or think about brainless people losing money?

So if this HFT made you shat your pants then understand you are nowhere near playing in markets, you are nowhere near understanding it.