im actually getting a degree in finance currently. But i plan on being a financial advisor and planner. Which does not affect that job much at least since its mostly about managing inheritance or upper income people or pensions
That’s traditionally a terrible degree for people looking to get into finance careers anyways. Math, Sociology, & History (Ph.D) based degrees are actually more sought after for Finance positions. Math & Sociology for obvious reasons, & History for research skills.
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.
@@raymondbarnes5264 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a financial consultant by name 'MARGARET ANN WARNKEN" and everything changed. I started enjoying huge returns from my investment.
Dakota M they are actually “free” they have gimmicks. Why is Facebook free? Ads? Facebook made most of their capital from selling user info same as these internet services that I use. Nothing is free.
What truly distinguishes Michael Hugh Terpin is his unwavering commitment to ethical trading practices. He places a strong emphasis on transparency, compliance, and risk management, ensuring that his clients' interests are always protected. This level of integrity is rare in the crypto space and speaks volumes about Michael's character and professionalism.
Michael Hugh Terpin's willingness to share his knowledge and mentor others in the crypto community is truly commendable. He is always ready to offer guidance, support, and valuable insights, making him not just a successful trader but also a trusted resource and mentor to many.
Michael Hugh Terpin's contributions to crypto trading are nothing short of exemplary. His expertise, integrity, and dedication make him a true asset to the industry, and I have no hesitation in recommending him to anyone seeking top-notch crypto trading services.
I prefer clicking on buttons than picking up a phone and telling someone what I want to buy or sell. Plus trading on computers is faster and more accurate.
I once told my lawyer in 2010 that I was interested in finance or law. He told me not to waste my time- the world was awash in analysts and lawyers. Plumbers make more now than stock brokers
LOL. are you serious? i was literally with a doctor, this month who used options to make 15k every 2 days. and 45k on a solid week. if you can name me a plumber making close to that, ill quit medicene and become a plumber btw we arent even talking about the guys who shot on tesla last month and bagged 1.5mill on 1 option trade. we are only talking safe blu chip options.
@@digginz8603 when u dont read charting, news or want to learn. U think it's all luck . U wont win everytime ofc, but when your good you learn to maximize your profit and minimize your losses . I'm not saying it's easy, but people are doing it
Now wall street is getting the wall street treatment. No compassion, no empathy, no loyalty just profits. I'm I'm trying so hard to choke back my tears as I'm typing. It will be the hedge funds next.
You could likely still pull off a scam like that, if you hacked bank servers and then modified apparent stock prices, without changing their real prices.
@@2121-x4x Trade with capital(minimal) that you are okay with losing. Because you will lose it all in the initial months. Then read these books. Technical Analysis modules offered by exchanges (the are many available for free) Markets wizards by Jack D Schwager One up on wall street by Peter Lynch. Evolution of a trader by Thomas bulkowski The Disciplined Trader: Developing Winning Attitudes, by Mark Douglas And some other books by the same authors. Use their tips, develop you own system. Trade everyday, always learn from your mistakes and never give up.
Retail investors are also part of the problem. There are far too many idiots out there who do not properly analyze the information about an investment before buying.
CarEnthusiast You could analyze an investment until you are blue in the face, and the moment you place an entry trade you could be wrong. Wrong no matter how much time, research, and analysis you put in. Professional analysts are notorious for being wrong on the outcomes of stock, debt, and commodities.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
@Luís Andrade The stock market is full of crooks, and its all about pump and dump. Even the brokers are crooks. LOL I am success at business, but the stock market is like gambling, no work involved, that is why so many people like it. America has become the land of lazy, fat people and it is on the way out, thanks to a worthless government feeding laziness.
You are absolutely right I keep loosing in real trade but win in Demo. Should I give up on Trade? What should I do? How may I do better? What I'm I doing incorrectly?
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
part of the reason is because all investment banks operated pretending to be an investment advisor, when in reality they just churned the clients account, and made money only for the bank, fleecing the clients. It's was a con.
It was absolutely a con. I'm grateful for what we have today in the investing community. People were getting conned on their returns by "investment advisors" by putting their money into their own investment products for commissions. Vanguard, Fidelity, Schwab effectively put the client's money back into their hands again.
I have challenged myself to put away 50% of my monthly income into dividend stocks which is quite easy since I live frugal at 32 without debt. I work as an account executive, and make over $2000. $1000 goes into dividends, and the other $1000 covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term. Good luck to everyone and thanks for the great video.
I have seen a lot of investing channels but still can’t wrap my head around it. I need an impartial investment advisor. I know they are there I don’t just know a legit sourced. How can I reach the broker you were assigned?
Sharing his details here on the comment section might be a bit cringe but since you really want it, reach him *Alecpayden (a) g ma il. Com...* Came across him at an investment webinar. You can get all the information you need, just leave him a message.
I have made over $25,000 from profits during the pandemic, more so because I was reinvesting every two weeks. His strategies cuts across major financial markets which cuts across major financial markets which I found generates more profit.
The modern day trader is a Quantitative Analyst/Developer. In other words, the guy who develops the trading algorithms for the Hedge Funds and Banks. The pay is great and there aren't many of them around.
High frequency trading and the proliferation of online brokerages (now offering zero commission) has completely reinvented the landscape for both institutional and retail investors.
As a wall street employee: Yes lol theres still a need for traders but the glory days of old school negotiation and selling on the exchange are gone. Money is still good but nothing compared to the 80s and 90s if you had a good pool of clients. Back they paid a heavy premium for your services since you had the most accurate information on the market. Now virtually anyone can do research
@robert power I look through it once in a while, but it's mostly for amusement. Some hidden gems in that sub, but mostly bs being spouted. That's awesome that you've made those gains dude! Yeah, it sucks to know you could have made more in theory, but the fact that you play it safe and take profits, will more than likely benefit you in the long run. Consistent 5-50% trades will net you a far better future than one stupid 800% trade, followed by a portfolio explosion. Best of luck dude, sounds like you're playing this bull market well!
@@MrMineHeads. Yuh, that guy is a crackhead haha, but more (buying) power to him! You're right, wsb is extremely reckless, etfs are a solid choice as long as a trader takes into account their risk :)
Whether one trades stocks or any other asset class, the first step in achieving success is to create and follow a trading plan. "failing to plan is planning to fail" is an adage that holds true for any type of trading.
That's so true. The successful trader works within a documented plan that includes risk management rules and specifies the expected return on investment (ROI). that's why I do my trading on Mr Sanjay Otter , because all of these are ensured.
Adhering to a strategic trading plan can help investors evade some of the most common trading pitfalls; if you don't have a plan, you're selling yourself short in what you can accomplish in the market, that's why I choose Mr Sanjay Otter as a my mentor and also do my trades on his platform.
The amazing thing is that these changes didn't happen sooner. Heck, you could trade electronically since at least 1987. Of course there were still commissions to pay, but they declined significantly since.
0:30 making markets in stocks and connecting buyers and sellers using the telephone. 1:15 trading desk layoff. global equity trading. because of the passive algorithm trading. 3:00 a settlement between Nasdaq to collude to fix the price. 4:20 electronic communication networks, personal computers, increased trading pit. 8:45 the market makers. 12:00 banks move into other higher margin areas within their business models. driven by tax and technology advances. 13:25 trading future: have a quantitative background.
This is fantastic for the average investor! Now we the public get to keep more profits without the investment industry loading their coffers. Thank you Saint Bogle!
There is less long term employed but the best perform the greatest over the long term, some on wall street retire at 32. You can even do it on your phone on trading 212. On a app.
I love this video for a million different reasons. felt like a documentary. really appreciate that it wasn’t talking heads saying things for shock factor. Feel like RUclips content is the future of network television in the same way that algorithmic trading is the future of trading
This is great news for ACTIVE or traders whenever the financial media ESPECIALLY that of CNBC says something is declining...."take it to the bank" and thank you CNBC once again!
The stock investing strategy by Jim oddain is a brilliant, well researched and motivating debunking of “you have to loss to learn” I have noticed for years that there is a different way of trading to be profitable, and the fascinating research and engaging investment plan by Jim's trading view have created not only a solid validation of that principle but also a practical wisdom and techniques for being a profitable trader. This is a super manifesto for becoming wealthy within few months.
@@keatonmorgan295 I’ll share my experience on investing in stock portfolios or generally on market investing. True, it only takes a well diversified market maker to point out favorable conditions. Not everyone knows this. Jim's financial solutions has piles and piles of infinite cash invested in multiple lucrative assets . He’s not risking he’s capital in “stocks” because his main investment are channeled perfectly on other profiting spreads enabling cash flow on his portfolio. This is how my portfolio is been built for 8 months now.
We lost a hospital In Lindsay CA. and now everyone has to go another 20 miles to get to Visalia. Madera Hospital above Fresno just filed for bankruptcy and now people will have to go to Fresno.
Never understood why they were needed anymore or even what the hell they did but at least the video helped me learn a little more about the financial system.
In-short: apps are making trading easier and cheaper than ever, eliminating the need for stock brokers to scam you by charging a fee to buy shares. Saved you 14 minutes of your time.
@@mellowbirddreamer77 I am interested in Robin Hood too, the reason I said is scam is that I am hoping someone will see my comment and will correct me about it just to gain information before I make steps.
That was a really informative segment. I wonder what's the solution going to be because passive investing and electronic trading aren't going away anytime soon.
Because you don't physically have to be at Wall Street to trade on Wall Street, it's not the 1980's anymore with landline phones and fax machines, any Child with a parents credit card or 16 year old with a debit card can use a smartphone can trade stocks now.
@@emmmoo8631 Programmers create the algorithms and computers do the rest. You no longer need the charismatic guy with a big mouth that makes you buy stuff that don't give the best return...
@@tmass1real estate agents can be replaced by computers doing your paperwork. What can’t be replaced is the inspection people. That’s the most important part. The real estate agent doesn’t do much of importance like an inspector can do.
I Used to work on wall st in the late 90s and helped developed a trading system (very technical, spare you the bloody details). We knew then this would happen. There is no money in trading anymore. Those high paying trader jobs can for the most part be easily replaced by a computer, in the same way Sears is silently dying and no one bats an eyelash. It also leaves more money for the top fat cats :)
Honestly I think the sole reason the NYSE stays open is to be a backdrop for financial news shows. And to be a tourist attraction. I could see by 2030 the trading floor is just a museum because its pretty much obsolete.
@@filanfyretracker Yes, it is more symbolic. Just like they use the word "ticker" but ticker tape is gone with the dinosaurs. Online there is totally free trading, and you can get free access to tools that would cost millions even 20 years ago. It don't pay to have a single guy make trades either, there are curve followers and systems that read headlines automatically and make decisions in microseconds. There is still money to be made with M&A deals, IPOs, etc.
alb12345672 I think M&A could be one of the last bastions that won’t be taken over by the algos. Because to make and work deals it requires reasoning, decision making, and agreement. Processes algos can’t process but the human brain can.
Today it's wall street brokers, factory workers and retail workers tomorrow it's truck drivers and taxi drivers. Seems like the only jobs that pay well are ones where you eliminate jobs.
Automation isnt just coming for hard working jobs, its also coming for stuff like the stock market which is even better suited than some parts of auto assembly to automation. Stocks are just complex math in the long run, And if there is one task that computers are excellent at is doing lots of math.
You also need to separate broking and trading. In derivatives, trading involves structuring, you need to define a strategy for a client. These are specialist roles requiring strong mathematical ability. Brokerage, on the other hand, requires no specific skill-set, picking up the phone adds no value. It's a dying breed. Hence the growth of electronic trading directly from exchanges....
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future..,
User5777 you go into big pharma and become a rep and find a corrupt doc who over prescribes at the smell of any incentives. I know some reps making 2-3x more in salary/commissions than the doctors actually prescribing the drugs& devices.
The world is changing you better change with it. ( Adapt ) the transition is happening now. Learn how the market works. I'm not the best. But I'm learning not for me but for my children. Don't get stuck. This is for EVERYONE!!
Be Positive & Life Comes Around ! How's the Situation in USA ? Things are going from Bad to Worse in Mumbai , India . That Double Mutation Strain discovered last Year has wrecked havoc since March 2021 ! The Maharashtra State Govt is thinking of Complete Lockdown .Other States like Uttar Pradesh & Delhi have Sunday lockdown & weekend lockdown respectively since this yesterday. That Double Mutation Strain spreads via Air (not only droplets) & evades /escapes the immune system .Even people who got 2 shots of Vaccine became sick .
@@kedarbarve5884 THE U.S is not in it's norm some states are trying to open.. some lifted the mask order people have gotten sick and died from the vaccines no one seems to have a clue on what's really going on same police violence (killings) everyone turning face not convicting the officer's as usual for their crimes. Bottom line the U.S is in a frenzy people are hurting government lost control with lies and corruption. The possibility of war China and Taiwan. Tired of hearing about wars. Just praying for peace friend.
this has been going on since 20 years ago, I had friends who they called specialist they lost their jobs 20 years ago when wall street starting to computerize.
Be Positive & Life Comes Around ! How's the Situation in USA ? Things are going from Bad to Worse in Mumbai , India . That Double Mutation Strain discovered last Year has wrecked havoc since March 2021 ! The Maharashtra State Govt is thinking of Complete Lockdown .Other States like Uttar Pradesh & Delhi have Sunday lockdown & weekend lockdown respectively since this yesterday. That Double Mutation Strain spreads via Air (not only droplets) & evades /escapes the immune system .Even people who got 2 shots of Vaccine became sick .
CNBC was on TV showing everyone how to panic buy ripple at $3, then later on they were showing everyone how to panic sell ripple at $1. There is a meme online about it just google image it. If you want to get rich, invest in real estate, but if you love retail trading, it’s definitely still possible. There are ways to trade without getting beat up by the algos, and there are simple algos that you as a retail trader have access to. A retail trader’s smaller share size and smaller overhead are two advantages you still have.
Passive investing over the long-term has always been the safest, most consistently profitable, non-bubble/explotative, and accessible form of trading for at least a century.
The stock market itself is in big trouble. It's no longer based on actual value of a company, it's based on consumer sentiment in a business. This means the value can drop to worthless in an instant. This is why the government is obligated to bail out the markets. The government is scared that if one company crashes it will cause a cascade effect on the whole market. If you were smart you would invest in something of pure value like gold or land.
Electronic trading is a natural development in decades about rapid fast internet connections, modern trading platforms, transparently share of information about investing and more people is richer than before. Trading stocks on a phone and manually submitting trades belongs to the past. Trading still have almost infinite possibilities, so there are very much money to be made.
A reason why there's a decrease of trading on wall street is because WE the people have stopped giving our retirement savings to these major investment corporations to invest our money and they magically lose it and you are out of luck. Trading stocks on your own is the way of the future. We don't need these large investment corporations lying to us.
I think the pandemic has taught people a big lesson, having one stream of income is not really a good idea cause your job doesn't secure your financial needs. The pandemic has really set out business minded people from the rest that is why I'm so lucky to be among the investors trained and are trading with Ryan Woodward
95% of forex Trader's fail- why? Because they give up, it takes time and lots of Trading experience to become a profitable trader, An alternative or my advice is seek guidance from some pro trader's to avoid lose of funds and account blown.
Why the sad background music lollll, this is literally the economy making the market more efficient. How can these people who are supposed big fans of the free market be upset about it getting rid of their useless jobs.
Rjee Family more specifically than just "the economy" this is the effect of supply and demand AKA regulated capitalism doing what's expected would happen if you step back and look at the big picture.
Algorithmic trading has gotten a lot smarter since 2010. All models should be relatively risk-averse, and all the big players implement effective financial risk management principles in their algo development and trade execution.
Warren Buffet made his money before the computerized trading, discount broker days. Now the average person who has working knowledge of current technology can run circles around those wall street type and the Buffets of today. Many traditional wall street types are right out of college with a financial or mba degree and has very little idea of the technology and product workings of the companies that they trade. Meanwhile your average guy who has owned an iphone and a Huawei or a Tesla and a Toyota Mirai can sense the long term technological differences that provide the same basic benefits to the end user. This average person will trade passively (i.e. going long) on fundamentals versus a wall street type that trades actively on technicals and charts. This mismatch has led to a decline in wall street trading houses profits over time.
95% of traders fail why? Because they give up quick, it takes time and lot's of experience to become a profitable trader, i will advice any new bie or those having difficulty to always seek guidance from pro trader's and more to avoid lose of funds.
can you give me more info because i keep losing when i invest but i'm still trading to improve my techniques i just need a better source to invest and earn while still trading on my own.
in all my years of tradings and research the most valuable insight i made was getting in touch with a pro trader Mr George and ever since i started investing with him have been making cool profits like never before.
heard many good recommendations about his profitable strategies by some other brokers I think Mr George is a genius for people to talk good about him, i will give a trial and see how it goes then.
Electronic trading, passive investing, and technology are the culprits behind the decline. Saved you guys 14 minutes.
Thank you 😉🤭
@@nash8556 thanks i figured that was about the reason anyway
Thank you
Yup lol
Thanks. Time is money
of course this trend starts happening after i graduated with a degree in finance
lmao
I understand how you feel
Big oof.
im actually getting a degree in finance currently. But i plan on being a financial advisor and planner. Which does not affect that job much at least since its mostly about managing inheritance or upper income people or pensions
That’s traditionally a terrible degree for people looking to get into finance careers anyways. Math, Sociology, & History (Ph.D) based degrees are actually more sought after for Finance positions. Math & Sociology for obvious reasons, & History for research skills.
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.
@@raymondbarnes5264 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a financial consultant by name 'MARGARET ANN WARNKEN" and everything changed. I started enjoying huge returns from my investment.
@@mariahhayes5089 Oh that sounds good but how do i reach out to MARGARET ANN WARNKEN?
@@raymondbarnes5264 Look up with her name on the webpage.
@@mariahhayes5089 Okay i just found her website, it was very impressive and i dropped a message for her.,. i hope she reply's me.
Why pay a broker $35 per trade, when you can now do it for free over the internet.
And where would that be? You always use a broker when you trade over the internet. Only some ETFs are free to trade.
@@maythesciencebewithyou most brokers like Fidelity etc offer commission free trades.
@@MrTmenzo commission free and 0 spread?
They driving Uber or lift now
Dakota M they are actually “free” they have gimmicks. Why is Facebook free? Ads? Facebook made most of their capital from selling user info same as these internet services that I use.
Nothing is free.
Having people running around on the floor, yelling, screaming and waving their hands is incredibly inefficient and silly.
Of course, Agent Smith would say that
Lol, the mental picture of this. And, it was rendered in my mind cartoonishly...Simpsons style.
Agent Smith exactly
ebulating Computers weren’t able to handle the process of trading until way after the 60s. It wasn’t possible until 1998.
yes! and antiquated.
What truly distinguishes Michael Hugh Terpin is his unwavering commitment to ethical trading practices. He places a strong emphasis on transparency, compliance, and risk management, ensuring that his clients' interests are always protected. This level of integrity is rare in the crypto space and speaks volumes about Michael's character and professionalism.
Michael Hugh Terpin's willingness to share his knowledge and mentor others in the crypto community is truly commendable. He is always ready to offer guidance, support, and valuable insights, making him not just a successful trader but also a trusted resource and mentor to many.
He is actively on telegrams always
*@michaeltpin*
Michael Hugh Terpin's contributions to crypto trading are nothing short of exemplary. His expertise, integrity, and dedication make him a true asset to the industry, and I have no hesitation in recommending him to anyone seeking top-notch crypto trading services.
If you need his wh atsa p
They are all driving for Uber now.
In a tesla model 3
Show them some respect. They drive for Uber X
Uber is better.
Good..they fked millions including me
@@alansmith888 Lol then they ain't making their money back
I prefer clicking on buttons than picking up a phone and telling someone what I want to buy or sell. Plus trading on computers is faster and more accurate.
I once told my lawyer in 2010 that I was interested in finance or law. He told me not to waste my time- the world was awash in analysts and lawyers. Plumbers make more now than stock brokers
That feeling when your major is finance
LOL. are you serious? i was literally with a doctor, this month who used options to make 15k every 2 days. and 45k on a solid week. if you can name me a plumber making close to that, ill quit medicene and become a plumber
btw we arent even talking about the guys who shot on tesla last month and bagged 1.5mill on 1 option trade. we are only talking safe blu chip options.
@@Johnywang1 Empirical research shows that no one can pick individual stocks with any measure of consistent success
@@digginz8603 when u dont read charting, news or want to learn. U think it's all luck . U wont win everytime ofc, but when your good you learn to maximize your profit and minimize your losses . I'm not saying it's easy, but people are doing it
Plumbers will never be hungry for work.
Now wall street is getting the wall street treatment. No compassion, no empathy, no loyalty just profits. I'm I'm trying so hard to choke back my tears as I'm typing. It will be the hedge funds next.
Next, like the last few weeks. I think you called it months ago nick
Even venerable fraternities of wealth are being out competed! Where will this all end?
Oh wow
Lmao y'all are stupid
*Me watching The wolf on wallstreet and other broker movies :*
Those were the cavemen days
DS you are crazy straight up tiktok thots are fine as hell
You could likely still pull off a scam like that, if you hacked bank servers and then modified apparent stock prices, without changing their real prices.
@@MJ-uk6lu probably get cracked down real quick though
@@witcherjohn3440 Even one minute could be quite disastrous, so maybe, but if you are skilled, you could steal some dosh.
@@MJ-uk6lu very true
Look at the good thing that has happened, now even a common man can buy and sell without involving any human brokers
i traded for the first time a month ago and im only 19, this would have been impossable 20-30 years ago,
@@electrichanoi7244 MSNBC is crocodile tears for Wall Street traders... 🤣
@@electrichanoi7244 bro can you give some tips
@@electrichanoi7244 I traded my first when I was 24... 7 years ago...but lost ... planning to get back again
@@2121-x4x Trade with capital(minimal) that you are okay with losing. Because you will lose it all in the initial months. Then read these books.
Technical Analysis modules offered by exchanges (the are many available for free)
Markets wizards by Jack D Schwager
One up on wall street by Peter Lynch.
Evolution of a trader by Thomas bulkowski
The Disciplined Trader: Developing Winning Attitudes, by Mark Douglas
And some other books by the same authors. Use their tips, develop you own system.
Trade everyday, always learn from your mistakes and never give up.
Am I supposed to be sad that a middle-man is disappearing?
@Teringventje The tone of this video incredibly somber
@@alansimons141 It would make a great blues song.
I Gots the Flat Broke Broker Blues.
You should be happy that trading is getting democratised. Power & money is getting distributed.
@@drmodestoesq That's genius. Can I please steal your song title?
@@beback_ I'd be honoured if you could fill out the lyrics and set it to little black dots.
Retail investors get to keep more of their own money. Financial services has always been about skimming off the top
yeah and then they sell your information and the machines electronically trade against you.
Retail investors are also part of the problem. There are far too many idiots out there who do not properly analyze the information about an investment before buying.
Alex Smith Every company and business is about skimming off the top. It’s called taking a profit.
CarEnthusiast You could analyze an investment until you are blue in the face, and the moment you place an entry trade you could be wrong. Wrong no matter how much time, research, and analysis you put in. Professional analysts are notorious for being wrong on the outcomes of stock, debt, and commodities.
@@KA-rp5uh I mean most companies make money by creating value, rather than Adam Smith's least favorite "rent-seeking" profits.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
hello there, how do i find the lsdy you just mentioned?
I happen to know Helene Claire Johnson. She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
People made a living ripping other people off. Electronic trading and markets were a great and necessary disruption
The stock market is still ripping people off. LOL
@Cel2Savage You are ignorant, if you invest money and lose, you are being ripped off!
@Cel2Savage The stock market is all about pump and dump. LOL
No, you are ignorant, you just haven't been ripped off, Yet!
@Luís Andrade The stock market is full of crooks, and its all about pump and dump. Even the brokers are crooks. LOL
I am success at business, but the stock market is like gambling, no work involved, that is why so many people like it. America has become the land of lazy, fat people and it is on the way out, thanks to a worthless government feeding laziness.
I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.
You are absolutely right
I keep loosing in real trade but win in Demo.
Should I give up on Trade?
What should I do?
How may I do better?
What I'm I doing incorrectly?
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Kate Floretta
in stagram
Kate Floretta
Face book
Google "katefxfloretta" anywhere take classes and learn to trade.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
credits to HEATHER ANN CHRISTENSEN, one of the best portfolio manager;s out there. she;s well known, you should look her up
part of the reason is because all investment banks operated pretending to be an investment advisor, when in reality they just churned the clients account, and made money only for the bank, fleecing the clients. It's was a con.
It was absolutely a con. I'm grateful for what we have today in the investing community. People were getting conned on their returns by "investment advisors" by putting their money into their own investment products for commissions. Vanguard, Fidelity, Schwab effectively put the client's money back into their hands again.
I remember when a hot girl used to hand you your money in a bank too. Now your lucky to find a cashpoint machine in your town.
LOL,true.
I used to love the smell of the money she would hand me
people do it in the confines of their own homes now. day traders from home is the way to go now.
Not to mention algorithm based trading bots. Which is really why the markets high.
No need to just say “day traders”. Even long holding investors can do it at home.
You are talking retail. We handle multiple billions a day just in the division I work in. Nobody is trading billions in their basement.
Debate Me! We?
@@andrecog yes we
I have challenged myself to put away 50% of my monthly income into dividend stocks which is quite easy since I live frugal at 32 without debt. I work as an account executive, and make over $2000. $1000 goes into dividends, and the other $1000 covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term. Good luck to everyone and thanks for the great video.
I have seen a lot of investing channels but still can’t wrap my head around it. I need an impartial investment advisor. I know they are there I don’t just know a legit sourced. How can I reach the broker you were assigned?
Sharing his details here on the comment
section might be a bit cringe but since you really want it, reach him *Alecpayden (a) g ma il. Com...* Came across him at an investment webinar. You can get all the information you need, just leave him a message.
I have come across countless recommendations, never knew he offered such services.
I have made over $25,000 from profits during the pandemic, more so because I was reinvesting every two weeks. His strategies cuts across major financial markets which cuts across major financial markets which I found generates more profit.
Wow that’s quite impressive!
obviously a job that has to do with trends in numerical data and making fast decisions was going to be replaced by software
The modern day trader is a Quantitative Analyst/Developer. In other words, the guy who develops the trading algorithms for the Hedge Funds and Banks. The pay is great and there aren't many of them around.
Yep getting into that
High frequency trading and the proliferation of online brokerages (now offering zero commission) has completely reinvented the landscape for both institutional and retail investors.
⚠️ without watching this: Computers. 👨💻
Passive portfolios
And internet
+@@udishomer5852 And Israeli technology computer hacking.
As a wall street employee: Yes lol theres still a need for traders but the glory days of old school negotiation and selling on the exchange are gone. Money is still good but nothing compared to the 80s and 90s if you had a good pool of clients. Back they paid a heavy premium for your services since you had the most accurate information on the market. Now virtually anyone can do research
This video should have been titled "Technology leads to improvements in finance and investing."
r/wallstreetbets will always give better returns than IB and hedge funds now LOL
Lmao you see that dude that made 4 mill on tsla calls?
Btw wsb is very reckless. Just invest passively thru ETFs.
+Hassan Tahan ETFs?
Vanguard or bust.
@robert power I look through it once in a while, but it's mostly for amusement. Some hidden gems in that sub, but mostly bs being spouted. That's awesome that you've made those gains dude! Yeah, it sucks to know you could have made more in theory, but the fact that you play it safe and take profits, will more than likely benefit you in the long run. Consistent 5-50% trades will net you a far better future than one stupid 800% trade, followed by a portfolio explosion. Best of luck dude, sounds like you're playing this bull market well!
@@MrMineHeads. Yuh, that guy is a crackhead haha, but more (buying) power to him! You're right, wsb is extremely reckless, etfs are a solid choice as long as a trader takes into account their risk :)
Whether one trades stocks or any other asset class, the first step in achieving success is to create and follow a trading plan. "failing to plan is planning to fail" is an adage that holds true for any type of trading.
That's so true. The successful trader works within a documented plan that includes risk management rules and specifies the expected return on investment (ROI). that's why I do my trading on Mr Sanjay Otter , because all of these are ensured.
+1 872201 8317. That’s his working line. Contact him and thank me later.
Adhering to a strategic trading plan can help investors evade some of the most common trading pitfalls; if you don't have a plan, you're selling yourself short in what you can accomplish in the market, that's why I choose Mr Sanjay Otter as a my mentor and also do my trades on his platform.
Eve Lopez 😂😂😧
damn this is SO sad (as I log into my M1 and Charles Schwab accounts)
lmao
XXX retail traders definitely don’t have to do with the decline
The amazing thing is that these changes didn't happen sooner. Heck, you could trade electronically since at least 1987. Of course there were still commissions to pay, but they declined significantly since.
thzzzt Ya, the transformation really started taking place in early to mid 2000s
Computers took over. There I saved you 15 minutes
7.5
Saved 15 minutes for what?
@@tracphonevirtualmagazine Gieco?
That's why I watch the video before I go into the comments. I came here for the video first then the comments after.
This is the future of all sectors of the economy.
Nurses, nannies and caregivers will still be needed.
That’s why Andrew Yang makes sense
@ocelot. Except if we outlaw it.....
No matter what you may say but the CNBC's quality of content is on point.
Bankers have fallen on the hard time with $ 350k annual income.
Sure they need a donation from me. I can give em 5 dollars a month. Not.
So sad! LOL
We need to tax them at 70%!
@@acemoore7204 you want to tax people making $350k at 70%? Good luck
0:30 making markets in stocks and connecting buyers and sellers using the telephone.
1:15 trading desk layoff.
global equity trading. because of the passive algorithm trading.
3:00 a settlement between Nasdaq to collude to fix the price.
4:20 electronic communication networks, personal computers, increased trading pit.
8:45 the market makers.
12:00 banks move into other higher margin areas within their business models. driven by tax and technology advances.
13:25 trading future: have a quantitative background.
when i was a kid i always thought those guys in finance-related films are so cool, so i end up studying electronic engineering
This is fantastic for the average investor! Now we the public get to keep more profits without the investment industry loading their coffers. Thank you Saint Bogle!
There is less long term employed but the best perform the greatest over the long term, some on wall street retire at 32. You can even do it on your phone on trading 212. On a app.
I love this video for a million different reasons. felt like a documentary. really appreciate that it wasn’t talking heads saying things for shock factor. Feel like RUclips content is the future of network television in the same way that algorithmic trading is the future of trading
This is great news for ACTIVE or traders whenever the financial media ESPECIALLY that of CNBC says something is declining...."take it to the bank" and thank you CNBC once again!
The stock investing strategy by Jim oddain is a brilliant, well researched and motivating debunking of “you have to loss to learn” I have noticed for years that there is a different way of trading to be profitable, and the fascinating research and engaging investment plan by Jim's trading view have created not only a solid validation of that principle but also a practical wisdom and techniques for being a profitable trader. This is a super manifesto for becoming wealthy within few months.
I need this Allen. You literally explained my experience so far. Trading solely without experience is risky and difficult to maintain.
Any chance for me to amend my trading with your help? What are my chances and how does it add positive value?
@@keatonmorgan295 I’ll share my experience on investing in stock portfolios or generally on market investing. True, it only takes a well diversified market maker to point out favorable conditions. Not everyone knows this. Jim's financial solutions has piles and piles of infinite cash invested in multiple lucrative assets . He’s not risking he’s capital in “stocks” because his main investment are channeled perfectly on other profiting spreads enabling cash flow on his portfolio. This is how my portfolio is been built for 8 months now.
Allen considering your trading tactics it seems more favorable. I hope it helps
I won’t have it any other way trading safely should be my first objective.
1:11 That was pretty much the worst pronunciation of SocGen I ever heard. You had ONE job...
TheUrbanEpicure ONE JOB!!!!! 😂 Sorry, I get giddy over that.
We lost a hospital In Lindsay CA. and now everyone has to go another 20 miles to get to Visalia. Madera Hospital above Fresno just filed for bankruptcy and now people will have to go to Fresno.
Could be that no one cares about them as they're obsolete.
Never understood why they were needed anymore or even what the hell they did but at least the video helped me learn a little more about the financial system.
it means the individual needs to learn to trade on their own.
Who knew you’d post a video before a big crash.
Best vid in a min. Still looking to become a quant though.
Laser focus on these 3: PLUG, FCEL, GEVO
In-short: apps are making trading easier and cheaper than ever, eliminating the need for stock brokers to scam you by charging a fee to buy shares. Saved you 14 minutes of your time.
Thanks
But Robin Hood is scam man
@@ayyubayyyub9415 explain why it is, please. I was interested in it
So which the best app to go for?
@@mellowbirddreamer77 I am interested in Robin Hood too, the reason I said is scam is that I am hoping someone will see my comment and will correct me about it just to gain information before I make steps.
That was a really informative segment. I wonder what's the solution going to be because passive investing and electronic trading aren't going away anytime soon.
Thanks. My finance degree is now worthless.
Your finance degree should not be about trading.
Because you don't physically have to be at Wall Street to trade on Wall Street, it's not the 1980's anymore with landline phones and fax machines, any Child with a parents credit card or 16 year old with a debit card can use a smartphone can trade stocks now.
computers do the trading now.
yeah and who controls the algorythims duh?
@@emmmoo8631
Programmers create the algorithms and computers do the rest. You no longer need the charismatic guy with a big mouth that makes you buy stuff that don't give the best return...
@ocelot. Not for a while, the pilot isn't there for when a flight goes well, they're there for when it doesn't, which is harder for an AI
They gonna be replaced anyways with algorithms
You're wrong. Trading is not going to die anytime soon.
algorithms are just lines of codes that can memorize a patterns and repeat, They can repeat not predict.
Now let's get rid of car sales personnel and real estate agents.
why real estate agents? It doesn't hurt to have a professional help in the biggest single transaction of your life lol
@@tmass1real estate agents can be replaced by computers doing your paperwork. What can’t be replaced is the inspection people. That’s the most important part. The real estate agent doesn’t do much of importance like an inspector can do.
Precipitously... What a wonderful word.
I love how the internet and technology is killing all these redundant careers!
Sad but True SMH
No need to trade in this market, it's a straight line to retirement!
I'm a Gen Xer. I'll be working until I'm dead.
@@drmodestoesq trade forex
I Used to work on wall st in the late 90s and helped developed a trading system (very technical, spare you the bloody details). We knew then this would happen. There is no money in trading anymore. Those high paying trader jobs can for the most part be easily replaced by a computer, in the same way Sears is silently dying and no one bats an eyelash. It also leaves more money for the top fat cats :)
Honestly I think the sole reason the NYSE stays open is to be a backdrop for financial news shows. And to be a tourist attraction. I could see by 2030 the trading floor is just a museum because its pretty much obsolete.
@@filanfyretracker Yes, it is more symbolic. Just like they use the word "ticker" but ticker tape is gone with the dinosaurs. Online there is totally free trading, and you can get free access to tools that would cost millions even 20 years ago. It don't pay to have a single guy make trades either, there are curve followers and systems that read headlines automatically and make decisions in microseconds. There is still money to be made with M&A deals, IPOs, etc.
alb12345672 Eddie lambert batted an eyelash.
If you are referencing the nyse floor I agree. As a company I disagree because they make lots of money in the trading business.
alb12345672 I think M&A could be one of the last bastions that won’t be taken over by the algos. Because to make and work deals it requires reasoning, decision making, and agreement. Processes algos can’t process but the human brain can.
Today it's wall street brokers, factory workers and retail workers tomorrow it's truck drivers and taxi drivers. Seems like the only jobs that pay well are ones where you eliminate jobs.
The reason why they are eliminated is because they pay well and businesses look for cheaper ways to operate.
Ugh
Automation isnt just coming for hard working jobs, its also coming for stuff like the stock market which is even better suited than some parts of auto assembly to automation. Stocks are just complex math in the long run, And if there is one task that computers are excellent at is doing lots of math.
Ugu
Worth noting DBs exit of equities didn’t disappear, another bank bought it
"Wolf of Wall street" was replaced by robots
Robots of Wall Street
The time setting of Wulf of wall street was 25-40 years ago 1980-1995 in technological terms ancient
I just think the golden days are over for traders
@@strnvii It was over long ago.
Thank you very much for this very useful video! It has some great numbers about financial industry.
You also need to separate broking and trading. In derivatives, trading involves structuring, you need to define a strategy for a client. These are specialist roles requiring strong mathematical ability. Brokerage, on the other hand, requires no specific skill-set, picking up the phone adds no value. It's a dying breed. Hence the growth of electronic trading directly from exchanges....
just buy and hold, because stonks only go up. thanks fed
My great dream as a kid was to be a trader like Louis Winthorpe on Trading Places.
Creating wealth Through the right information.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits with Mr Sam Deymon guide
He's TE LEG RAM....
@samdeymon53 ..that's it = 4 advise.
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future..,
So how am I suppose to become one of those rich snobby Wall Street traders then?
User5777 you go into big pharma and become a rep and find a corrupt doc who over prescribes at the smell of any incentives. I know some reps making 2-3x more in salary/commissions than the doctors actually prescribing the drugs& devices.
T K this will not last much longer either.
@@TK-gd9td I reported you to the authorities to investigate on this.
User5777 Get a computer science, math, or engineering degree from top tier university and learn to make algos.
User5777 There are better growing industries than finance. The finance industry is going down the crapper and the glory days of the trader is dead.
a master leyend alive!!
The world is changing you better change with it. ( Adapt ) the transition is happening now. Learn how the market works. I'm not the best. But I'm learning not for me but for my children. Don't get stuck. This is for EVERYONE!!
Be Positive & Life Comes Around ! How's the Situation in USA ? Things are going from Bad to Worse in Mumbai , India . That Double Mutation Strain discovered last Year has wrecked havoc since March 2021 ! The Maharashtra State Govt is thinking of Complete Lockdown .Other States like Uttar Pradesh & Delhi have Sunday lockdown & weekend lockdown respectively since this yesterday.
That Double Mutation Strain spreads via Air (not only droplets) & evades /escapes the immune system .Even people who got 2 shots of Vaccine became sick .
@@kedarbarve5884 THE U.S is not in it's norm some states are trying to open.. some lifted the mask order people have gotten sick and died from the vaccines no one seems to have a clue on what's really going on same police violence (killings) everyone turning face not convicting the officer's as usual for their crimes. Bottom line the U.S is in a frenzy people are hurting government lost control with lies and corruption. The possibility of war China and Taiwan. Tired of hearing about wars. Just praying for peace friend.
Truth Indeed, And some people don't understand it. It is not cute or funny.
this has been going on since 20 years ago, I had friends who they called specialist they lost their jobs 20 years ago when wall street starting to computerize.
Be Positive & Life Comes Around ! How's the Situation in USA ? Things are going from Bad to Worse in Mumbai , India . That Double Mutation Strain discovered last Year has wrecked havoc since March 2021 ! The Maharashtra State Govt is thinking of Complete Lockdown .Other States like Uttar Pradesh & Delhi have Sunday lockdown & weekend lockdown respectively since this yesterday.
That Double Mutation Strain spreads via Air (not only droplets) & evades /escapes the immune system .Even people who got 2 shots of Vaccine became sick .
This is Terrible SMH
Then why are volumes increasing if the movement is to passive? Something is not adding up.
CNBC was on TV showing everyone how to panic buy ripple at $3, then later on they were showing everyone how to panic sell ripple at $1. There is a meme online about it just google image it. If you want to get rich, invest in real estate, but if you love retail trading, it’s definitely still possible. There are ways to trade without getting beat up by the algos, and there are simple algos that you as a retail trader have access to. A retail trader’s smaller share size and smaller overhead are two advantages you still have.
Robots takin my jerb #Yang2020
DAVID BETANCOURT 😂😂😂
“Day Took R Jerbs!” - Stan Marsh
this video is very helpful, thank you ... always successful in its activities
Honestly, I can't believe that it's taken this long for the trading desk to go the way of travel agencies.
Passive investing over the long-term has always been the safest, most consistently profitable, non-bubble/explotative, and accessible form of trading for at least a century.
The stock market itself is in big trouble.
It's no longer based on actual value of a company, it's based on consumer sentiment in a business. This means the value can drop to worthless in an instant. This is why the government is obligated to bail out the markets. The government is scared that if one company crashes it will cause a cascade effect on the whole market. If you were smart you would invest in something of pure value like gold or land.
Electronic trading is a natural development in decades about rapid fast internet connections, modern trading platforms, transparently share of information about investing and more people is richer than before. Trading stocks on a phone and manually submitting trades belongs to the past. Trading still have almost infinite possibilities, so there are very much money to be made.
A reason why there's a decrease of trading on wall street is because WE the people have stopped giving our retirement savings to these major investment corporations to invest our money and they magically lose it and you are out of luck. Trading stocks on your own is the way of the future. We don't need these large investment corporations lying to us.
I love that I can actually read this screen! 8:20!
I thought traders were algos on colocated servers in Mahwah, New Jersey.
Because Internet. That's the answer in two words.
I think the pandemic has taught people a big lesson, having one stream of income is not really a good idea cause your job doesn't secure your financial needs. The pandemic has really set out business minded people from the rest that is why I'm so lucky to be among the investors trained and are trading with Ryan Woodward
95% of forex Trader's fail- why? Because they give up, it takes time and lots of Trading experience to become a profitable trader, An alternative or my advice is seek guidance from some pro trader's to avoid lose of funds and account blown.
Ryan Woodward success is based on his strong signals
. i also trade with him
Currently in this phase of life, forex trading is really making legitimate way for Investment with the aid of an expert broker
Coming across him has been productive, I invested $3,000 and crashed out $24,000 in just 2 weeks.
i now trade alone after 3 months mentorship from Ryan Woodward
I wanted to learn how to trade stocks but watching this video is making me rethink that! I guess I'll stick to binary, crypto, and forex!!!!
This video should be titled "The Rise of the Lone Wolf Trader". Trading is getting democratised !!!!
Amen.
I'm surprised they lasted this long. Electronic trading made sense ever since the late 90s.
Why the sad background music lollll, this is literally the economy making the market more efficient. How can these people who are supposed big fans of the free market be upset about it getting rid of their useless jobs.
Blue Horseshoe loves your comment.
Rjee Family more specifically than just "the economy" this is the effect of supply and demand AKA regulated capitalism doing what's expected would happen if you step back and look at the big picture.
OMG. That music!
@ocelot. You sound like a person who has no interest in reinventing themself.
I have A Silver and Gold 500 Dominican Peso for collateral. I attempted to leave it with JP Morgan . Good afternoon. Thank you.
Algorithmic trading has gotten a lot smarter since 2010. All models should be relatively risk-averse, and all the big players implement effective financial risk management principles in their algo development and trade execution.
Warren Buffet made his money before the computerized trading, discount broker days. Now the average person who has working knowledge of current technology can run circles around those wall street type and the Buffets of today. Many traditional wall street types are right out of college with a financial or mba degree and has very little idea of the technology and product workings of the companies that they trade. Meanwhile your average guy who has owned an iphone and a Huawei or a Tesla and a Toyota Mirai can sense the long term technological differences that provide the same basic benefits to the end user. This average person will trade passively (i.e. going long) on fundamentals versus a wall street type that trades actively on technicals and charts. This mismatch has led to a decline in wall street trading houses profits over time.
95% of traders fail why? Because they give up quick, it takes time and lot's of experience to become a profitable trader, i will advice any new bie or those having difficulty to always seek guidance from pro trader's and more to avoid lose of funds.
can you give me more info because i keep losing when i invest but i'm still trading to improve my techniques i just need a better source to invest and earn while still trading on my own.
in all my years of tradings and research the most valuable insight i made was getting in touch with a pro trader Mr George and ever since i started investing with him have been making cool profits like never before.
A trial will prove, i connected him via mail at ,,,,,>
heard many good recommendations about his profitable strategies by some other brokers I think Mr George is a genius for people to talk good about him, i will give a trial and see how it goes then.
ivory chapel damn scammers are replying to each other now
I been buying stocks on my computer at home since the dot com bubble. Only difference is now there are no fees so more people are doing it
Stock buybacks not paying off as schemed
It’s ridiculous that this still exists in the digital age
Ilqr D. That what still exists
people on Reddit buying AMC and Tesla beat out all the passive in all the active funds on Wall Street
I love how they never mention that it was 1 dude in his parents house who caused the flash crash
Please spill details. I'd love to know details
@@Hebdomad7 ruclips.net/video/_ZDEWVJan0s/видео.html