{"sources":[{"url":"https://raw.githubusercontent.com/gtmcknight/amm-sim/66604b3426d8e97a73e2c39940b9b4dece51cc73/research/tell/README.md","quote":"- **Do not pin on a hit alone.** `pin=1` does and loses 1.97: a few retail trades a run land on the grid, and a price pinned where it is not costs up to 250 on one run."}]}