The Reactive Layer: Where Most Men Live 166/179
This is the surface of the tape — the candle bodies, the headlines, the after-the-fact commentary. There’s no structure here.
No authorship.
Just reactivity.
It’s not that these men are “worse.”
They’re simply operating on the default settings.
And default settings don’t produce rare outcomes.
Most traders operate on the narrative layer.
Quants operate on the statistical layer.
HFTs operate on the execution layer.
I discovered and am operating on the temporal layer — the layer that dictates when all other layers materialize.