Talk:Rare Long Spiked Collar/@comment-31911785-20180706082413/@comment-36096403-20180706110839

-Answering to Brækdown's comment-

Actually, a lot of people like to know what they are trading for in terms of den betas, and yes, by saying how many betas you are trading, it shows if you are actually over or under, and that to appeals to more people, because then they know the trade is fair.

You said, "(i.e. 3 Bad Longs ≠ a Black Long, even though their Den Beta worths are the same.)" but that is untrue because 3 bad longs are worth maybe 12-13 den betas each, and last time I checked, 12+12+12, or even 13+13+13 isn't 45-60 den betas. I understand what you are trying to say, but that wasn't the right example. Proving the number of den betas doesn't make the trade any 'fairer' but it makes it more appealing to know that the trade you are considering on accepting is fair in terns of den betas.