The Role of Twitter in Prop Trading

I think he looks at positioning and other things like that. And when he realizes an incremental piece of information is going to come out, that's going to cause one side to get steamrolled, then he trades. Some of the best traders I know are almost like CIA level social engineers because they're able to extract information but not in a way that's hurtful than anybody. They're almost symbiotic rather than parasitic. You have to understand how to manage relationships. It's so important for a number of reasons. The biggest thing I've learned about portfolio management and risk management over the last few years is we've had like declining volatility every year.