order-book depth is rewriting assumptions about desk risk limits

Ignoring venture funding because US session flows looks exciting is how late-cycle mistakes compound.
Most blow-ups start as comfortable consensus.
Against the backdrop of “Greek Parliament Approves 10% Tax on Crypto Gains” and “Zcash Upgrade Could Lock $16 Million in Crypto Forever”, positioning still matters more than slogans.
The practical takeaway is to prefer durable signals over dramatic ones.
Revisit assumptions weekly; markets change faster than slogans.
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