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yeah, as if bloomberg needed to do that, youtube is a shame, but multimillion news network trying to take cents from the plebians is really the icing on the cake.
He has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nicholas William - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
so let me get this straight: 1) Market makers create a highly manipulative market where they set all the rules 2) Someone shows up playing by their rules and beats them 3) He goes to jail for doing something most trader firms do everyday before lunch 4) Makes sense
so let me get this straight: 1) this guy is a scapegoat 2) bunch of algos have gone rogue 3) look up for Jérôme Kerviel at Société Générale Always same story in this industry
A big firm would just get fined a portion of what they made, no one would be held in jail during the multi-year trial and it would have just been like the cost of doing business. Recently we've seen instances where the regulating body asks the offending corporation how much they would like to pay to settle it.
This guy just copy what they literally do.. Those million, he knew not worth spending. But just experience the game his self. Now he believes, market is easily manipulated. Hahaha 70 million profit, not getting the lambo, diamonds , gucci rollex stuff.. To me this guy is on other level of purpose...
I’ve tried so many different strategies and tools, but honestly, this is the only thing that’s really made a difference for me. It’s like everything finally clicked, and trading hasn’t felt like a struggle ever since.
The fact that the crash was blamed on one guy trading out of his parents house when hedge funds and HFT manipulate the market with $ billions daily, is an absolute joke.
@@treyheaney9483 no matter what, the video is wrong, they're just milking the book, do you think if everyone blame him for the dip, you would atleast see news of him on the video, but they didn't even show any news video that talk about him. I bet this guy just made him up
yes. And it is a crime to use the tools of the people of the inner circle, if you are not in the inner circle. They hate to be played in the games they've designed.
I’m sure he had some leftover money kept somewhere but it probably wasn’t millions and millions of dollars. But I’m willing to bet he’s made millions back trading at this point.
Moral of the story, if you are rich and manipulate lower class traders, you are a successful institutional investor. If you manipulate rich institutional investors in their own game you are a felony criminal facing 300+ years in jail.
This is why they have extremely strict and convoluted rules. Only the approved manipulators are allowed to understand the rules properly (and if they don't, they get a warning). If an unapproved manipulator doesn't know about some obscure rule, off to jail with him!
Too many inconsistencies in the story. He didn’t go down because of what he was accused of, he went down because of how much of a threat to the HFs he was.
Exactly, this is what had happened, the same thing, there have been sich flash crash before, and there were billions of a dollar that made that happen, few million can't make the market lost trillion dollars, there are buyers. More on this: He has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nicholas William - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
I'm very annoyed that this was just swept under the rug during the video. How can you lose that much money by giving it to a "banker"? Who did he give that money too and what happened to it? This is what should be considered as fraud.
@@innosam123 true. But it doesn’t mean that much for him. It’s like playing video game for him, just trying accumulating points . Sometimes I feel the same way....
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?
you must have these things in mind 1. Have a long term mindset. 2. Be willing to take *risk*. 3. Be careful, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with an assistant.
To be fair if he was just buying and selling at a high frequency there wouldn't have been a problem. What they did have a problem with was the fact that he kept cancelling orders to drive the price in the desired direction, therefore market manipulation. I don't know if industrial trading algos cancel orders to manipulate prices though
@@curiously-cinnamon order books get filled with fluff orders all the time. it just depends on how a judge/prosecutor/investigator etc interprets it if its legal or not. they essentially punished this guy for taking advantage of human psychology, which is all most daytrading is, anyways.
@@curiously-cinnamon If you know anything about trading at all you'd know that cancelling orders cannot drive prices, also HFTs cancel orders all the time.
There is the difference that Goldman actually executes a lot of there trades. The problem here was that the vast majority of his trades were never finished. Goldman by the sense of it scale does a much smaller % of unfinished trades. They also have to explain any weird behavior so they don't engage much in it.
It’s the Politicians greed that is the problem, most of this mkt is akin to a casino. The gov could tax trades, orders or orders not filled. Anyone really think that the hft (s) dint get in front and skim a penny off your biweekly 401(k) purchase?
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people
Exactly, my thought during the video. The banks and financial firms have been stealing from us for decades, it's time they got a taste of their own medicine.
@@aaammm1888 it's all about perceptions. If you expect people to die and they do it's normal. When they die unexpectedly everyone losses their minds. Example if I call ahead of time and say we're dropping bombs on Iran. Its normal. If one explodes in downtown Chicago everyone goes crazy over an act of terrorism. What this guy did was unexpected. The market panicked and lives we're ruined. Not really his fault. But still a case of fiscal terrorism.
@@Mottbox See people like you are not seeing the bigger picture. He never spent the money. Bank's are doing similar things dear. Most Bank's don't have the money to run their orders. It's all in Cash flow system. Bank's are in massive amounts of debt. He was showing the system that their perfect unbrokeable system is Venerable and feeble at best.
@@saranichols9201 no idea what you’re talking about with over indebted banks. Or orders not being followed up with. Banks do not manipulate any market by making fake orders. That would violate the interest of the shareholders and the board in general
@@Mottbox HFT algos spoof all of the time, check out the research on Nanex. They just don't like outsiders doing it. It dropped so hard because it screwed up all of the algos that are allowed to run (and front-run) normally.
@@Mottbox A first year Computer Science student could write that algo? I hope you're joking. The algo's that are out there now are just skimming profits. That's their only purpose. Why is that legal? They should do away with all of this type of trading or let the guy with the best algo win.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
100% agree. 50mil isn't even enough to move one of my oil equities. He just did what everyone else was doing, but he's brown and not connected, so he's not allowed.
honestly if the system was made this way he didn't steal. They shouldn't let people place tons of orders and canceling them to excite the computers. Otherwise we need to go back to the past without those automatic computer kinda stealing from everyone their cut everytime we buy or sell .
@@sylvainh2o Those computers are literally milking the stock market and should be illegal. Originally, people bought stocks to provide finances to a company and be part of it, and with time get rewarded with dividends and a higher stock value in the long term. Now people, or I would say computers, just enter and exit positions in seconds, which may seem efficient, but makes it actually look like a gambling game for an average trader.
@@orchlongala8064 he reported the inefficiency to the financial authority before being arrested. He helped the market fix a loophole. So not a genius maybe but a fucking saviour. You are more criminal for trolling, believing in news crap and sharing this ignorance.
At the end of the day he didn't even want or care about the money. He saw a system he could exploit, a video game he could play and win at, and he won.
This guy didn’t care about the money at the end of the day he kept living the same style with or without money because he was happy. This man reached a level of genius that most people dream of.
Ironically, someone who doesn’t care about money but just enjoys the “game” probably has a way better psychology for trading. They’ll make winning decisions without emotions getting in the way.
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@@Dawson-q1c he's doing the exact same thing the other big firms are doing. He just did it better than them. And now they're crying like babies because he's taking advantage of firms who take advantage of the daily people
They are making a film, but not sure when it will be released. Dev Patel will star in the adaptation of “Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History.”
No movie. Anyway you'd be bored watching us Aspie traders sitting silently behind our glowing monitors, watching charts day in and day out.. Becoming inordinately annoyed and distracted by every random noise from our environment. That's not nearly as exciting as watching extroverts wave their arms around and scream in the trading pits of old. The new way of things is quiet and boring - as are we. And anyway, making money really should not be fun or exciting. If it is "exciting" that is a danger indicator that you're probably about to get rekt... And contrary to popular opinion, it does not require criminality to make significant money in the markets. In place of criminal enterprise, you can replace that with a little bit of extra time and patience, and achieve the same results. Maybe not as FAST.... But I'm not in this to get rich quick. I'm in this to get rich FOR SURE...
But Nav didn't really manipulate the markets... he manipulated the HFT bots who in turn manipulated the market. In my opinion, if you're analyzing the orders being submitted, trying to connect that to a stock movement, and you get it wrong, that's on you for having a bad system.
@@eliasm2594 Again, Nav did not execute any trades that changed the market value of anything. He only submitted orders, HFT bots were the ones who saw the orders and changed the pricing of the market with no valid reasoning.
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan..
@@LionTowercoporation I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??
@@LionTowercoporation Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
Fortunately for him, he got off easy. He was given home confinement for one year... Most of which was during this lockdown 😂 I just hope he wasn't permabanned from trading and he gets back to making money.
Banks sold crappy MBS to their own clients and then shorted it in 2008 without any penalties but this dude made some money of some trades and got arrested.... wow
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
Although my knowledge of the business is limited, it seems that this is the ideal time to enter the market based on my understanding of supply and demand in the economy. The consistent price variations, which shouldn't be an issue, are the only thing stopping me. But I really need a counselor; could you please assist me?
Finding financial advisors like Vivian Jean Wilhelm who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Yes and no. Yes because he obviously did have some orders hit, but overall the issue is with the spoofing - which is not providing liquidity because you don't intend to be filled. It's illegal and rightfully so, drives me insane as a trader. I still see it happening every day in the S&P500 futures though, just not on this scale.
@@MasterWestt Maybe I'm too cynical but I don't think the same trades from a big institutional firm would have received jail time b/c "liquidity to the market" :-D
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.
As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.
You and I both agree. The more so because an investment coach's skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it nearly difficult for them to underperform, I prefer having their input in my day-to-day investment decisions. I've had a coach help me invest for literally four years, and we've already made over $1 million in net earnings.
So are we just supposed to ignore the institutional traders who literally do this everyday......and because they lost one day they decide to prosecute? the fuck?
Some experts think the fed decision could boost certain industries, while others warn it might increase inflation concerns. I'm reviewing my $600K portfolio allocations and I'm curious about strategies to respond to these potential sector impacts.
Increase exposure to interest rate-sensitive sectors like REITs and utilities, and maintain or slightly increase holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting a financial advisor.
This is why I entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Teresa L. Athas” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
I mean anyone who enters the stock market manipulates teh market - because it's composed of everyone there. So should everyone who's ever been in the stock market go to jail?
This guy is a hero, he should be remembered as one of the first humans to successfully rebel against the pervasive and destructive nature of uncontrolled artificial intelligence.
During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor
These past few months watching my crypto portfolio decline is very disheartening. Holding doesn't really profit much. Any ideas on how to earn better on the short run? Please recommend to me your Fin Advisor.
I might be wrong but I think the reason his was "manipulation" and HFT isn't is because he never finished the trades. Whereas HFTs would scalp the stock, he would just make it look like a stock was exploding in value or bottoming out and when people jumped on the fake bandwagon, he'd come in after and sell or buy after the stock actually did what he wanted. There was never any chance he could lose any money, since if it didn't do what he wanted he hadn't put anything on the line.
So you're telling me, a genius who outsmarted the entire stock market, did not know how to save his money and lost it all. Just seems way too unlikely.
@@badmonkey91 He has aspergers which is why he was vulnerable to being conned. It is probably why he was great at trading as well. Asperger syndrome (AS), also known as Asperger's, is a neurodevelopmental disorder characterized by significant difficulties in social interaction and nonverbal communication, along with restricted and repetitive patterns of behavior and interests.
@@montasnorgaisse4345 Yeah, I'm highly aware of how aspergers affects people. I used to manage an technology department and I had several subordinates that had autism and aspergers. In fact, the majority of folks in that field have a spectrum disorder. I didn't make my original statement randomly. I knew a few "super genius" type guys with spectrum disorder. Extremely talented programmers. And they talked about schemes like this constantly. The first place these guy's minds goto is "Yeah, but how do we get away with it though?". I promise you he thought about it way before he started. Probably while he still worked at the firm. Just because people on the spectrum have challenges, it doesn't make them idiots. They think about things on a much higher level than the average Joe does, because they can obsess about it. If he didn't have a plan, I know - almost for certain because of my experience with these guys - that he would not have started. His cash is probably sitting safely somewhere, waiting for the statute of limitations to run out.
I have learnt along the way of my investment that research and analysis are important, note that experience is more needed than luck when it comes to the stock market.
I think he has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nicholas William - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
Well when you give your money to "Return Investors" it's almost equivalent to gambling. For example, If you make a $10,000 bet than England will win a match, you can't go and demand a refund when they lose. It's the same here. You can't prosecute someone for legally spending money you gave them willingly.
@@shah.n2099 All his trades were publicly visible and traceable, that's the problem. I'm sure he found a way to stash a small amount but it's hard making it unnoticeable.
so UK extradited him...their own citizen...i guess UK provides safe citizen to foreign billionaire fugitives but doesnt do the same for small fish even tho its their own
@@TT-jg8ju Google nirav modi-he scammed small Indian public bank for more than £1Bn+ Which led to Central bank bailing it otherwise ppl wudnt trust banks. India requested his extradition but is still in red tape
@@anshuman2089 technically his debt was recovered from his property in india by the govt..but still he fled and also is criminal under economic offenders act so ye i guess so
this last couple months. it's been tweets, and then bs about a stimulus, and this last weekend, thanksgiving week. I watched as 100k+ (aapl)call options went worthless as the hedges kept the price under 117. it's all rigged, all you have to do it see where and know how to take advantage of it.
@@TimberStiffy_ same here. I had 122 strikes for apple :/ had a few tesla (470 strike) options on, went from entry price of 4k to $70 and back up to $12,500. I was fortunate with that, and feel silly not topping up at the bottom. But when you're so long in a correction and when ur account isn't doing well, it's hard obviously
casinos also ban successful gamblers when they beat the odd by maths and statistics. but if you beat the system in general, the system will come back and bring you down.
Last year I was working full time budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learn how to make money online. Now I'm a SAHM, homeschooling and making profits every week.
hm no?! those things are not related at all!!!!!!!!!!! GME was short sold for over 140%, meaning that if you'd buy all the available stocks that were at like 3 dollar, you knew that the hedge fund who basically borrowed more stocks than were available would have to buy something that would have become infinitely rare... if you know basic economics, you know the price of something that is infinitely rare, is infinitely high, but since they borrowed it, they'd have to pay up anyway. so these two things are not close to the same. the algorithms this guy was running is not close to the same concept. the hedge fund short selling GME just didn't do proper market research, because GME had a new positive looking team and strategy to continue online already back in the summer, whilst they, the fund, also bet way too risky, one that if/when lost, could basically break the market.
@@pyruvicac.id_ are the hedge funds using Navs tactic to drive down the price to scare ppl into selling their GME bags? Did Nav create short ladder attack?
PLEASE ADVISE ME. I was told to spread my savings across different things like Trade to protect and support my retirement. with everything being shaky,I'm considering going into Trade. i don't wanna make the wrong choice.
you must have these things in mind 1. Have a long term mindset. 2. Be willing to take *risk*. 3. Be careful, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with an assistant.
Yo I didn't know Kate was this popular,my cousin trade with her for some months now, I tried but couldn't understand anything it's not my thing tho so I passed Lol. I can testify that trade pays very well because my cousin at 23 bought a house already.
Maybe he struck a deal, by negotiation and threat to counter the charges pressed with others. He might have signed a disclaimer promising to never teach his systems to the masses
@BobbyG What socially? He did it all from his bedroom. You really believe he didn't transfer money via proxy fake investment funds to somewhere else? Or he got into crypto and has a huge wallet of crypto currency. I don't buy it. Aspergers doesn't make you dumb. Even if some fund he was in conned him, there is no way he didn't diversify. Also, he made millions, really think he couldn't make millions again? Specially during the Corona Crash, while he was in house arrest! The guy is a genius, these people don't give him enough credit because Wallstreet is filled with Extroverts that can't understand the autismo power guys like Nav have.
@@pmp1337 Well said. He's smart enough to know his money isn't safe in traditional ways. Look at civil forfeiture in US as an example. Police have legally robbed US residents of millions, maybe even billions. Even the rich hide their money (Panama Papers). Rich or poor, government will take every opportunity to separate you from your assets.
This is exactly what most of the city firms, hedge funds are doing. Placing massive orders, then cancelling at once vise versa. This guy Navinder was made a scape goat. The house does not like to loose.... blah blah blah...
@@extropiantranshuman the comment implied that if he was WORKING on Wall Street, he would not have been punished. But if you would have watched the video, he was actually trading from his parents house, in England.(Wall street is in New York, not England. This might seem like an obvious point, but you are having great difficulty understanding it. Also the NYSE isn’t the only stock exchange in the world, shocker I know!
@@goldfingershat he's working there - with the stock market. That's not true - if he was working in a firm that dictates these laws - he would not be impacted as much - but there's no guarantee. If you read it enough, you'd see that. Which stock exchange did you think he was on to trigger a US investigation? A UK exchange, not a new york one? Last time I checked - the UK is not in the US. I'm sorry this is difficult for you, I know.
Some people spend hours searching for the outro song, others scroll in the comments section until they find someone who did the work for them. @James West found it and it's "Martin Felix Kaczmarski - Living Right Now"
Your business will make you rich but investment makes and you keep you wealthy, we all deserve to be successful and have financial freedom, I pray everyone here becomes successful
This short documentary is awesome, I was more interested in it than I am in the best of the movies I've ever seen. Liam's storytelling makes it so easy to stick and not wanting to stop watching
@Wayne Halliday If his sentence is only one year house arrest chances are any restrictions would be lifted after that time. Dude sees the future, so why not?
@@joshboy88420 dude doesn't see the future, that was the whole point of this vid and the case against him. He was successful without high frequency manipulation, so as long as hes not completely banned from trading, he'll do ok.
@Wayne Halliday There is a decentralised financial system, which is completely separate from the current corrupt financial system. I bet he is in the cryptocurrency, digital asset space. The decentralised financial system is the future of finance and will eliminate the current one. Search up Defi - Decentralised Finance.
They use bots to buy the shares for .05 cent more. >all ready 21 million shares sold and we're only open for 3 minuten Yet when he does it it's a crime?
he wasn't doing the same thing, he was manipulating the market by placing orders that he would quickly cancel. High frequency trading is what you're talking about; what Raz did was more along the lines of throwing rocks in front of the horse in a horse race in order to influence the outcome. Problem here is that all the other biggest earning betters were already throwing rocks at the other horses, they just don't like that someone else figured it out as well. Heck, this is why stuff like lobbying in politics is legal; those with money will be doing it anyways, regardless. By making it legal, everyone is able to. A similar concept should be applied to markets so that the playing field is level. Too many people print their money from that to let their income stream run dry though.
@@thewhitefalcon8539 maybe not, but on a large enough scale this can completely disrupt the economic system of any given country. There's too much savings involved in the stock market for something like this to just remain ignored, even though I personally believe it should be legal due to the reasons provided above; it's going to happen anyway.
@@Gogglesofkrome When you buy investments, you are not guaranteed that they will go up. It shouldn't be the government's job to make sure they go up. It *should* be the government's job to referee the country and keep it productive, but making sure investments go up is not part of that. If they go down, that is your problem, not mine. I compare it to houses in New Zealand. Everyone was told to buy a house for retirement. And so the government made sure their prices went up. By preventing new houses getting built. Now nobody can buy a house and skilled millennials are leaving the country in droves. In a couple of decades it will be the next Venezuela. Because the government tried to make sure investments couldn't go down.
I'm considered (HENRY) High Earner Not Rich Yet, with around $250k income, but not having much left after taxes, housing, and family costs.. not to mention, saving for an affluent rtmt. I'd really appreciate investment tips that comes handy and sustainable to afford my lifestyle after rtmt.
folks with significant discretionary income stand a strong chance of being wealthy amidst inflation, its about finding and utilizing the right opportunities, most times financial advisors are paid to get the job done.
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The Robinhood thing puts all these historic events in a whole new light. WTF, why did this kid go to jail, it sounds like there was probably hundreds of programs/algorithms that contributed equally or even more??
I think he has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nick Leeson - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
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yeah, as if bloomberg needed to do that, youtube is a shame, but multimillion news network trying to take cents from the plebians is really the icing on the cake.
At least this is a little more transparent that what they usually do.
scapegoat
I'm new to Bitcoin trading, how do i get started with a professional expert
"Manipulated the market"
He's simply a player in a game you made.
Happening with game spot now lol
EXacly what i was thinking just before i scrolled down to the comment section
"It's a big club, and you ain't in it"
Not really. He was placing enormous amount of orders that he had no intention of executing
He has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nicholas William - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
so let me get this straight:
1) Market makers create a highly manipulative market where they set all the rules
2) Someone shows up playing by their rules and beats them
3) He goes to jail for doing something most trader firms do everyday before lunch
4) Makes sense
so let me get this straight:
1) this guy is a scapegoat
2) bunch of algos have gone rogue
3) look up for Jérôme Kerviel at Société Générale
Always same story in this industry
this is all a lie. Typical bloomberg
He didn't even get to record his football match😤
people who think its real are dumb..
A big firm would just get fined a portion of what they made, no one would be held in jail during the multi-year trial and it would have just been like the cost of doing business.
Recently we've seen instances where the regulating body asks the offending corporation how much they would like to pay to settle it.
Guy beats banks at their own game...
... must be illegal
House always win
Exactly. As far as I'm concerned, this man is a hero.
This guy just copy what they literally do.. Those million, he knew not worth spending. But just experience the game his self.
Now he believes, market is easily manipulated. Hahaha
70 million profit, not getting the lambo, diamonds , gucci rollex stuff.. To me this guy is on other level of purpose...
@@fauzifikri7805 i second this.
Don't worry they only let him off because he lost all his money and they had nothing to take as a penalty.
I love how straightforward your videos are. But to be honest, discovering Anesaurus signals was the moment everything fell into place for me.
I’ve tried so many different strategies and tools, but honestly, this is the only thing that’s really made a difference for me. It’s like everything finally clicked, and trading hasn’t felt like a struggle ever since.
Let all give Nav a round of applause. The MAN IS A LEGEND
Yep taking notes
💯
Nav is doing great, He moved to Canada and started a rap career... Never mind wrong Nav 😔
He sees through the illusion
Proper madlad
The fact that the crash was blamed on one guy trading out of his parents house when hedge funds and HFT manipulate the market with $ billions daily, is an absolute joke.
To stay safe He could have got involved in the game and worked for a firm
Oswald wasn't the lone shooter!! Bring on the conspiracies...
it isn't blame on the guy, if you actually search this up, the top 10 most likely reasons doesn't even have his name on here. This guy is a joke
You didn't listen to the entire video- he was placing millions and millions of fake orders, not spending a dime. It doesn't matter how much he had.
@@treyheaney9483 no matter what, the video is wrong, they're just milking the book, do you think if everyone blame him for the dip, you would atleast see news of him on the video, but they didn't even show any news video that talk about him. I bet this guy just made him up
Moral of the story: it is a crime to profit from the rich
Its a wrong conclusion. Change your learning.
@@MSujiitShrestha GameStop
Exactly
@@smdash2920 Oof
yes.
And it is a crime to use the tools of the people of the inner circle, if you are not in the inner circle.
They hate to be played in the games they've designed.
If you’re out there somewhere Nav, you’re an absolute superstar and I really hope you did manage to keep some of the money somewhere.
I’m sure he had some leftover money kept somewhere but it probably wasn’t millions and millions of dollars. But I’m willing to bet he’s made millions back trading at this point.
@@xtdworkshop3424 When you know how to trade and trade well, you'll never be broke again.
@@sloht4061 yes
he doesn't need that money but he can get it all back again.
How about be an actual Robin Hood?
Moral of the story, if you are rich and manipulate lower class traders, you are a successful institutional investor. If you manipulate rich institutional investors in their own game you are a felony criminal facing 300+ years in jail.
they make the rules. either obey or break
@@BuckingHorse-Bull How about change it overtime lol. Infiltrate your way in.
@@PainAmvs_ that to and thats how we got this video
so true. that is the way the world is designed.
this.
Meanwhile not a single person was arrested during 2008 housing bubble
Wall street crashed the world economy for a decade no consequence this guy crashed the market for what? an hour? gets prison. fucking pathetic
Actually i believe one banker was arrested. Just one. Kareem Serageldin.
@@InvagPrune Bro didn't even do anything major
Actually 1 guy did get arrested.
@@Eleriol84 Prison and all of his money effectively stolen from him
Nav was manipulating the manipulators, and they don’t like to lose. That’s the only real crime here.
Yep
exactly.
This is why they have extremely strict and convoluted rules. Only the approved manipulators are allowed to understand the rules properly (and if they don't, they get a warning). If an unapproved manipulator doesn't know about some obscure rule, off to jail with him!
exactly
Facts dude a legend. They mad cuz they was trying to cheat buddy and he got smarter and fought back
Too many inconsistencies in the story. He didn’t go down because of what he was accused of, he went down because of how much of a threat to the HFs he was.
He was convicted for beating the Investment Bankers at their own game. That's hilarious!!!
Lol how the fuck does 40 million in profit crash a global market that's bullshit
you clearly have no idea what investment bankers do, i think you must mean he beat the investment bank at their own game?
They should be convicted. He should get price for what he did, not conviction
this is why we need gov gone becasue we almost had nice things but fuck gov
She's well known broker and lucrative broker.
I bet the bankers that stole his money didnt get handcuffed.
Exactly, this is what had happened, the same thing, there have been sich flash crash before, and there were billions of a dollar that made that happen, few million can't make the market lost trillion dollars, there are buyers.
More on this:
He has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nicholas William - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
I'm very annoyed that this was just swept under the rug during the video. How can you lose that much money by giving it to a "banker"? Who did he give that money too and what happened to it? This is what should be considered as fraud.
Of course they didn't
I wish he invested that money in crytocurrency business
@@marinaolga7167 what are the requirements and how can i get it started over here?
Crooks on wall street that caused 2008 got bailed out but this guy goes to jail? Hilarious!
He ended up getting a slap on the wrist. The biggest tragedy is that he lost all the money he made.
@@innosam123 true. But it doesn’t mean that much for him. It’s like playing video game for him, just trying accumulating points . Sometimes I feel the same way....
Storyline for this(banks being saved to normal people being put to prison) is: "From bailed to jailed" real quick!
@Lenny Mill oh yeah how could I got forget when I got paid all those executive bonuses even after almost blowing up the US economy? Silly me
@Lenny Mill so the crooks that got insanely large severance package for wiping out your parents’ retirement fund didn’t get bailed out?
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
Google "katefxfloretta" anywhere take classes and learn to trade.
having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.
you must have these things in mind
1. Have a long term mindset.
2. Be willing to take *risk*.
3. Be careful, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with an assistant.
Stock exchange: Creates High frequency Trading
Nav: Does High Frequency Trading
Stock Exchange: Arrest that f*****.
To be fair if he was just buying and selling at a high frequency there wouldn't have been a problem. What they did have a problem with was the fact that he kept cancelling orders to drive the price in the desired direction, therefore market manipulation. I don't know if industrial trading algos cancel orders to manipulate prices though
@@curiously-cinnamon enter HFT spoofing
@@curiously-cinnamon they do, don't worry.
@@curiously-cinnamon order books get filled with fluff orders all the time. it just depends on how a judge/prosecutor/investigator etc interprets it if its legal or not. they essentially punished this guy for taking advantage of human psychology, which is all most daytrading is, anyways.
@@curiously-cinnamon If you know anything about trading at all you'd know that cancelling orders cannot drive prices, also HFTs cancel orders all the time.
The real scammers, large hedge funds, had a problem with them getting outsmarted by a kid
@Nekolover GME go brrrrr💸
Yep. And their goons aren't some guys down at the chip shop, they're the FBI and the DoJ.
So here what I don't understand. So Goldman can pump in fake trades but an average joe can't.
Seems like you understand it perfectly. Godmsn can pump in fake trades but an average Joe can't.
There is the difference that Goldman actually executes a lot of there trades. The problem here was that the vast majority of his trades were never finished. Goldman by the sense of it scale does a much smaller % of unfinished trades. They also have to explain any weird behavior so they don't engage much in it.
Yes exactly
It’s the Politicians greed that is the problem, most of this mkt is akin to a casino. The gov could tax trades, orders or orders not filled. Anyone really think that the hft (s) dint get in front and skim a penny off your biweekly 401(k) purchase?
bgi firms couldnt accept losing to average joe
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people
@Elizabeth-mh2dj Bot PARTY
🤡
no he used bots to fake trade to change price. they use bots to actually trade. thats the difference
If the house loses the player is always at fault. Funny how it goes.
Exactly, my thought during the video. The banks and financial firms have been stealing from us for decades, it's time they got a taste of their own medicine.
Yeah, so the high frequency bots can screw the day traders, but once he makes a smarter bot to outsmart theirs then he's the bad guy... Bullsh1t! 🐂💩
Or when a black or brown mans dose it its fraud but when a white man dose it its ok the world is fuck up
@@aaammm1888 it's all about perceptions. If you expect people to die and they do it's normal. When they die unexpectedly everyone losses their minds. Example if I call ahead of time and say we're dropping bombs on Iran. Its normal. If one explodes in downtown Chicago everyone goes crazy over an act of terrorism. What this guy did was unexpected. The market panicked and lives we're ruined. Not really his fault. But still a case of fiscal terrorism.
@@aaammm1888 I'll tell you a secret: Racism is used by the Democrats to divide you against your countrymen. It works very well.
He didn't do anything wrong. He just was smart.
@@Mottbox See people like you are not seeing the bigger picture. He never spent the money. Bank's are doing similar things dear. Most Bank's don't have the money to run their orders. It's all in Cash flow system. Bank's are in massive amounts of debt. He was showing the system that their perfect unbrokeable system is Venerable and feeble at best.
@@saranichols9201 no idea what you’re talking about with over indebted banks. Or orders not being followed up with. Banks do not manipulate any market by making fake orders. That would violate the interest of the shareholders and the board in general
@@Mottbox HFT algos spoof all of the time, check out the research on Nanex. They just don't like outsiders doing it. It dropped so hard because it screwed up all of the algos that are allowed to run (and front-run) normally.
@@Mottbox you get scammed by the government everyday
@@Mottbox A first year Computer Science student could write that algo? I hope you're joking.
The algo's that are out there now are just skimming profits. That's their only purpose. Why is that legal? They should do away with all of this type of trading or let the guy with the best algo win.
What a legend. Nav figured out how to play the game better than HFT's and got in trouble for it. Props to him.
if only he was aware that wall street are crybabies and sore losers.
no he used bots to fake trade to change price. they use bots to actually trade. thats the difference
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
I'm surprised that this name is being mentioned here, I stumbled upon one of Veronica Hoy clients testimonies on CNBC news last week...
Veronica Hoy strategy has normalised winning trades for me also and it's a huge milestone for me looking back to how it all started
Really you people know Veronica Hoy? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
This fella was nothing more than a low-level scapegoat.
@@g0ddyie Truth > Originality
How so?
@@ambassador8524 because Universa investments caused the crash. he just hopped on the wave
@@adamlee5128 u have any info backing up that statement. Interested to find out more ?
100% agree. 50mil isn't even enough to move one of my oil equities. He just did what everyone else was doing, but he's brown and not connected, so he's not allowed.
Dudes being used as a scape goat for someone else's mistake
True... He didn't cause the flash crash, instead those stupid high frequency bots did. He's just the patsy.
honestly if the system was made this way he didn't steal. They shouldn't let people place tons of orders and canceling them to excite the computers. Otherwise we need to go back to the past without those automatic computer kinda stealing from everyone their cut everytime we buy or sell .
Real pro (c)traders had to blame someone
@@sylvainh2o Those computers are literally milking the stock market and should be illegal. Originally, people bought stocks to provide finances to a company and be part of it, and with time get rewarded with dividends and a higher stock value in the long term. Now people, or I would say computers, just enter and exit positions in seconds, which may seem efficient, but makes it actually look like a gambling game for an average trader.
@@blankneverlosegaming6374 yep it's a huge problem it should go back to this a more stable stock market where the numbers make sense.
To him it was just a number game, accumulating points, the dollar sign behind it has no value for him, what a genius.
Yes, he did an illegal thing, what a genius
@@orchlongala8064 he reported the inefficiency to the financial authority before being arrested. He helped the market fix a loophole. So not a genius maybe but a fucking saviour. You are more criminal for trolling, believing in news crap and sharing this ignorance.
@@orchlongala8064 where is the illegality? Because he did it, it is illegal? All Bankers use illegal activities to steal money from you and me.
The Flash Crash happened ONE MINUTE AFTER he turns his computer off and goes for dinner. He was a scapegoat, poor guy
my thoughts too.
@@oliverf944 yes but techncally that makes sense. Because the lives we see are still behind
At the end of the day he didn't even want or care about the money. He saw a system he could exploit, a video game he could play and win at, and he won.
It's not about the money... its about sending a message
Well said
True he never cared about the money away.
Did he not care or did he just get it scammed?
@@THE-BIG-JP-REILS but hes not Joker, he did not burn all of that money in front of his goons
This guy didn’t care about the money at the end of the day he kept living the same style with or without money because he was happy. This man reached a level of genius that most people dream of.
Really?
@@justinTime077 YES.
You really think genius people are happy?
Ironically, someone who doesn’t care about money but just enjoys the “game” probably has a way better psychology for trading. They’ll make winning decisions without emotions getting in the way.
@@FiatFlipper how would we know? we ain't even close to be a genius lol
This is literally what large Banks do every single day to commodities futures.
and when they get caught they get a small fine. smh
@@vvolfflovv IIIIFFFF they get caught
they just don't like others playing their game lol
Yeah dude, it sounds like this man was an escape goat to the greedy capitalist economy we live in the modern age
so who is the criminal here.
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This has got to be the most unfair trial I've heard about in a while.
Ever heard of julian assange?
Why? He was let off with 1 year house arrest. Which I think is acceptable, although no punishment would be best.
No Julian assange is still under arrest and is currently in prison.
Solitude imprisonments and he only get to see light one hour a day. That's a human rights abuse by western countries but nobody cares about it.
Aaron Swartz. Look him up
The rich don’t like it when the little guy plays the game better than them
nor does the global economy when it gets illegal manipulated
How can we support this guy
@@Dawson-q1c he's doing the exact same thing the other big firms are doing. He just did it better than them. And now they're crying like babies because he's taking advantage of firms who take advantage of the daily people
then it's considered cheating!
@@josevilla3709 by acting like him, duh and expose corruption
So rich bullies turned into crybabies over this guy. Lol.
yeh what gamestop!??! haha
@@TheAaronuk10 we'll see a documentary about it too, wait for it.
ha ha ha ha ha ha - sore losers... ain't they ?!
For real lol
@@TheAaronuk10 he single handedly was WSB
"He still rides his bike, plays football with his mates, and gets a filet-o-fish from McDonalds". this dude is killing it!
Wall Street : The stock fell, what should we do?
Wall Street 2 : Blame the kid in England.
Nav : Tomorrow is football time!!!!!
This needs to be turned into a movie, what a ride lol
Into a riot u mean
They are making a film, but not sure when it will be released. Dev Patel will star in the adaptation of “Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History.”
I agree
@@evelynjulia3458 lol
No movie. Anyway you'd be bored watching us Aspie traders sitting silently behind our glowing monitors, watching charts day in and day out.. Becoming inordinately annoyed and distracted by every random noise from our environment. That's not nearly as exciting as watching extroverts wave their arms around and scream in the trading pits of old. The new way of things is quiet and boring - as are we. And anyway, making money really should not be fun or exciting. If it is "exciting" that is a danger indicator that you're probably about to get rekt... And contrary to popular opinion, it does not require criminality to make significant money in the markets. In place of criminal enterprise, you can replace that with a little bit of extra time and patience, and achieve the same results. Maybe not as FAST.... But I'm not in this to get rich quick. I'm in this to get rich FOR SURE...
Halfway through the video - he is already A hero in my view.
A legend among man and among retail traders. Salute to Nav!
But Nav didn't really manipulate the markets... he manipulated the HFT bots who in turn manipulated the market. In my opinion, if you're analyzing the orders being submitted, trying to connect that to a stock movement, and you get it wrong, that's on you for having a bad system.
@@eliasm2594 How did he change the price of anything? He didn't, the HFT bots did based on the orders NAV was submitting.
@@eliasm2594 Again, Nav did not execute any trades that changed the market value of anything. He only submitted orders, HFT bots were the ones who saw the orders and changed the pricing of the market with no valid reasoning.
@@eliasm2594 But the orders he executed didn't manipulate the markets. I understand how this works, I'm wondering if you do.
Erik is right
Thinking too logical haha remember the ticket is to a circus
Where's the litigation against the people who stole his money? What a world.
fact
U shud be asking litigation against other bot operators that worked on same rules and aided the crash
You're not going to win against the people who got all the money
never leave your winnings in a broker's account
Seems too fishy to be true. Sounds like the rich just took "their" money back.
Feels like this documentary is made to deceitfully frame this guy as the sole person responsible. The banks and Hedge Funds do this all day everyday.
yes exactly one minute after he traded for 7 hours read the time at the bottom of the screen there wording is super manipulative
@@RaysNewLife His dinner that particular night must be atleast worth it. Cant the man stop to enjoy life for a moment. geez.
i fully agree PK. nothing makes sense in this "official" story.
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan..
@@LionTowercoporation I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??
@@LionTowercoporation Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
IF YOU CHOSE TO GIVE IT TO ME i CAN GET YOU 30% RETURN.
Well told story. What a shame for him, that he was not too big to fail unlike the Wall Street banks. It's always easier to go after the little guy.
So true man
Fortunately for him, he got off easy. He was given home confinement for one year... Most of which was during this lockdown 😂
I just hope he wasn't permabanned from trading and he gets back to making money.
@@clashoflands he is banned from trading forever.
@@katzenschildkroete That sucks...
Th
This better be a Netflix film in a year...
id rather have that boy have his privacy
A Dev Patel film is being made on this.
YES!!!
There is an older film starring a young Obi Wan Kenobi that is basically this story.
The jokes on wallstreet, his money is actually in hidden accounts offshore, just waiting for things to cooloff.
Banks sold crappy MBS to their own clients and then shorted it in 2008 without any penalties but this dude made some money of some trades and got arrested.... wow
Shows how corrupt they are man. Won't be surprised if they made him sign an NDA
So it's okay for big financial institutions to take advantage of people but if one guy beat them on ther own game. They call it "illegal". How ironic.
Respect to him for being in it for the game and not the gains
Boring 🥱 There's only gains
There's gotta be a film director somewhere looking for this guy. He's a Hollywood story material!
Now that the case came to an end, we can see the movie by end of 2021.
@BobbyG LMAO
share the sh1t out of this and i am sure there will be that movie. 1 i wil defo look forward to watching.
He make 900k per day. U think hes interested?
This right here fellas... this a perfect movie script, just find someone that is willing to direct it
It's coming ... with the guy in Slumdog Millionaire, Dev Patel, playing the lead.
@@rasputinswalloper475 Yeah! I can totally see Dev Patel playing this character
@@curiously-cinnamon I read it in Variety Magazine web page, so it may well actually happen.
@@rasputinswalloper475 That's great! Looking forward to it👍
@@curiously-cinnamon Me too. Also, read the book Flash Crash by Liam Vaughn, it tells the story in detail.
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
Although my knowledge of the business is limited, it seems that this is the ideal time to enter the market based on my understanding of supply and demand in the economy. The consistent price variations, which shouldn't be an issue, are the only thing stopping me. But I really need a counselor; could you please assist me?
Finding financial advisors like Vivian Jean Wilhelm who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.
*beats investment firms at their own game*
SEC: Highly illegal activity detected!
@Benjamin Roberts haha :*(
Spoofing.
Interesting how they are quick to get this guy doing something so complicated and when madoff does a simple ponzi scheme they take decades.
@@jaxstax2406 so true 😂😂🤣
Sums it up.
Come on guys, he was just providing liquidity to the markets
LOL!
nice one.
Yes and no. Yes because he obviously did have some orders hit, but overall the issue is with the spoofing - which is not providing liquidity because you don't intend to be filled. It's illegal and rightfully so, drives me insane as a trader. I still see it happening every day in the S&P500 futures though, just not on this scale.
@@MasterWestt Maybe I'm too cynical but I don't think the same trades from a big institutional firm would have received jail time b/c "liquidity to the market" :-D
Nice try. But your joke doesn't make sense if trades are not fulfilled.
Bruh. Is it just me or would this make an amazing movie
This could be a epic movie if done right!!
Petition to make this into a movie pls
It could be better than the facebook movie
@@maanibeatz a lot better lots of material to work with just a amazing opportunity to tell a very interesting story
I believe they are working on it!
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.
As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.
You and I both agree. The more so because an investment coach's skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it nearly difficult for them to underperform, I prefer having their input in my day-to-day investment decisions. I've had a coach help me invest for literally four years, and we've already made over $1 million in net earnings.
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If a guy like him started teaching the ordinary person how to counter the ripoff tactics of the investment system, he'd be an international hero.
Gotta have $$ to do this
Yes, selling course online. Become another Wozak
way too hard to understand even harder to explain to idiots.
The top 0.0002% will get him killed.
and he'd soon have "committed suicide" under mysterious circumstances
Your a trader until you make to much then your a criminal.
unless you are friends with uncle sam
Maybe don't put in millions of buy orders and take them away at the last second to manipulate markets? That's why he's a criminal.
*you're
*too
*you're
So are we just supposed to ignore the institutional traders who literally do this everyday......and because they lost one day they decide to prosecute? the fuck?
Welcome to the 21th Century
@@felixspilles6737 21st*
U Love airdrop or what
Some experts think the fed decision could boost certain industries, while others warn it might increase inflation concerns. I'm reviewing my $600K portfolio allocations and I'm curious about strategies to respond to these potential sector impacts.
Increase exposure to interest rate-sensitive sectors like REITs and utilities, and maintain or slightly increase holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting a financial advisor.
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Impressive gains! how can I get your advisor please, if you don't mind me asking? I could really use a help as of now with my portfolio allocation.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Teresa L. Athas” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
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US: You can't make illegal trades, that's our job.
The central banks are the enemy
yankees hate competition, especially those who are better
Why i love being a day trader i can profit off of them mfs
@@BenTrades They soon knock on your door with handcuffs 😉
i mean its true
biggest army diplomacy
“ he purposely manipulated the markets”
Lol
And where did he learn to do that ?
Haha, that fatty considers him to be Soros or something lol.
he was born with ability to ride the market.
I mean anyone who enters the stock market manipulates teh market - because it's composed of everyone there. So should everyone who's ever been in the stock market go to jail?
This guy is a hero, he should be remembered as one of the first humans to successfully rebel against the pervasive and destructive nature of uncontrolled artificial intelligence.
yeah buddy
"I am afraid Dave"
During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor
These past few months watching my crypto portfolio decline is very disheartening.
Holding doesn't really profit much.
Any ideas on how to earn better on the short run?
Please recommend to me your Fin Advisor.
Thank you, I copied and pasted his name on web browser and sent a email waiting for reply.
How’s this market manipulation, but high frequency and hedge fund not?
I might be wrong but I think the reason his was "manipulation" and HFT isn't is because he never finished the trades. Whereas HFTs would scalp the stock, he would just make it look like a stock was exploding in value or bottoming out and when people jumped on the fake bandwagon, he'd come in after and sell or buy after the stock actually did what he wanted. There was never any chance he could lose any money, since if it didn't do what he wanted he hadn't put anything on the line.
@@serialvapist5807 how was he able to cancel the trades in the first place? Why is that allowed when it can be used to spoof?
@@ikbo who knows 😧
Someone makes large bribes to the government and someone else doesn't.
@Dodo why were they unfilled orders? Once he sends the order wouldn't it just execute it? What makes it just sit there unfilled?
So you're telling me, a genius who outsmarted the entire stock market, did not know how to save his money and lost it all. Just seems way too unlikely.
that's what im saying....he gave it to his buddy and it's sitting somewhere waiting for him
@@badmonkey91 He has aspergers which is why he was vulnerable to being conned. It is probably why he was great at trading as well.
Asperger syndrome (AS), also known as Asperger's, is a neurodevelopmental disorder characterized by significant difficulties in social interaction and nonverbal communication, along with restricted and repetitive patterns of behavior and interests.
@@montasnorgaisse4345 Yeah, I'm highly aware of how aspergers affects people. I used to manage an technology department and I had several subordinates that had autism and aspergers. In fact, the majority of folks in that field have a spectrum disorder. I didn't make my original statement randomly.
I knew a few "super genius" type guys with spectrum disorder. Extremely talented programmers. And they talked about schemes like this constantly. The first place these guy's minds goto is "Yeah, but how do we get away with it though?". I promise you he thought about it way before he started. Probably while he still worked at the firm.
Just because people on the spectrum have challenges, it doesn't make them idiots. They think about things on a much higher level than the average Joe does, because they can obsess about it. If he didn't have a plan, I know - almost for certain because of my experience with these guys - that he would not have started.
His cash is probably sitting safely somewhere, waiting for the statute of limitations to run out.
@@badmonkey91 yea that crossed my mind as well. You are likely right that he has the money some where safe.
austin i realy broke cause of covid but you can save me with $20 to feed my family please save me
How is this illegal for Navinder when Stock Exchanges, Hedge funds manipulate the stocks all the time?
Because he didn’t share his money with the politicians
@@Will-oj3un 😂
You have no idea what your talking abt. Hedge funds and exchanges don’t manipulate markets
@@ericpixley4594 Some hedge funds and exchanges do.
@@ericpixley4594 that is all major hedge funds do... I worked on wall street.
I have learnt along the way of my investment that research and analysis are important, note that experience is more needed than luck when it comes to the stock market.
when this video is recommended after watching a GME video.
Today you meet him under the Name deepfuckingvalue
I think he has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nicholas William - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
Lol right... warning to wsb perhaps?
This 👆
Fellow Aspie here.
I was rooting for Nev this whole documentary. Who's with me!
Are you a day trader?
Me
He is just the gamer generation who treated the futures market as a game....so yeah Im rooting for Nev.
system wants volatility, machines can give them hell.
The people who scammed him for 70m $ should be the one in jail or he just hid all the profit?
He probably hid 50 and gave 20 to a friend to keep till he gets out
Well when you give your money to "Return Investors" it's almost equivalent to gambling. For example, If you make a $10,000 bet than England will win a match, you can't go and demand a refund when they lose. It's the same here. You can't prosecute someone for legally spending money you gave them willingly.
That's what I'm saying, do they just take all the money and put it in accounts all hush hush. Like what do you do when you strip w man of like 30 mil
He was the mastermind behind the fraudulent schemes he claimed to have lost money to. He had 5 years to cover up 🤣
@@shah.n2099 All his trades were publicly visible and traceable, that's the problem. I'm sure he found a way to stash a small amount but it's hard making it unnoticeable.
I just signed up for your VIP group, and I'm already blown away by the level of expertise and support. Thank you for letting me be a part of it!
so UK extradited him...their own citizen...i guess UK provides safe citizen to foreign billionaire fugitives but doesnt do the same for small fish even tho its their own
They mistreated him all around. Pretty unlucky.
@@TT-jg8ju Google nirav modi-he scammed small Indian public bank for more than £1Bn+ Which led to Central bank bailing it otherwise ppl wudnt trust banks. India requested his extradition but is still in red tape
@@dreaming_fox163 Also add Vijay Mallya to the list.
@@anshuman2089 technically his debt was recovered from his property in india by the govt..but still he fled and also is criminal under economic offenders act so ye i guess so
UK is the globalist HQ Of the world man. u serious? get educated on the matter.
Doesn’t the fed manipulate the markets everyday?
Yes, but that supposedly stablises the economy (except it has nothing to do with it haha)
“PrOvIDeS LiQuItItY”
this last couple months. it's been tweets, and then bs about a stimulus, and this last weekend, thanksgiving week. I watched as 100k+ (aapl)call options went worthless as the hedges kept the price under 117. it's all rigged, all you have to do it see where and know how to take advantage of it.
@@TimberStiffy_ bruh there are way better companies to be invested in
@@TimberStiffy_ same here. I had 122 strikes for apple :/ had a few tesla (470 strike) options on, went from entry price of 4k to $70 and back up to $12,500. I was fortunate with that, and feel silly not topping up at the bottom. But when you're so long in a correction and when ur account isn't doing well, it's hard obviously
casinos also ban successful gamblers when they beat the odd by maths and statistics. but if you beat the system in general, the system will come back and bring you down.
This isn't even the system, this is literally the government simping hard for the system
Last year I was working full time budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learn how to make money online. Now I'm a SAHM, homeschooling and making profits every week.
The one thing about being successful is working towards it and not the other way around
"if you don't find a way to make money while you sleep you will have to work hard until you old".
I'm looking for something to venture into on a short term basis, I have about few hundreds sitting in my savings
@christianajoe8563thank you for sharing
I wish everyone gets rich and comfortable
Took 11 years for the middle class to realize they could be Nav too.
hm no?! those things are not related at all!!!!!!!!!!!
GME was short sold for over 140%, meaning that if you'd buy all the available stocks that were at like 3 dollar, you knew that the hedge fund who basically borrowed more stocks than were available would have to buy something that would have become infinitely rare... if you know basic economics, you know the price of something that is infinitely rare, is infinitely high, but since they borrowed it, they'd have to pay up anyway.
so these two things are not close to the same. the algorithms this guy was running is not close to the same concept.
the hedge fund short selling GME just didn't do proper market research, because GME had a new positive looking team and strategy to continue online already back in the summer, whilst they, the fund, also bet way too risky, one that if/when lost, could basically break the market.
@@pyruvicac.id_ are the hedge funds using Navs tactic to drive down the price to scare ppl into selling their GME bags?
Did Nav create short ladder attack?
@@akaiye
BRUH XD
Thank Wallstreetbets
Not really.. this guy is a genius with a great sense for multipication and arithmatics.
When hedge funds do it it's business when a regular person does it it's market manipulation
WAS thinking the same
🤢 system
Bruh why can’t he use that argument in court??
@@sportedittz1091 its not an argument, its populist trash talk, leaving out any details for a catchy line
@@blablabla6975 Because the truth doesn't work when dealing with a crooked criminal system.
They spent time in McDonalds on figuring out how to arrest him then knocked on his door, he walked down the stairs...
I'd be like eff off, you have no jurisdiction here.
The whole story sounds like a load of caca if you ask me. Someone that intense doesn't just get ripped for every penny.
Hahaha true... too much thinking by just knocking the f door and ask
Word! This is such bs
@@Karl__Pierre FBI/DOJ raid and they waited at the front door for him to come down? ROFL
PLEASE ADVISE ME.
I was told to spread my savings across different things like Trade to protect and support my retirement. with everything being shaky,I'm considering going into Trade. i don't wanna make the wrong choice.
Ellen DeGeneres hosted Kate floretta on TV 2 yrs ago that was where I saw kate and followed up.i have also been attending her Trade seminars.
you must have these things in mind
1. Have a long term mindset.
2. Be willing to take *risk*.
3. Be careful, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with an assistant.
Yo I didn't know Kate was this popular,my cousin trade with her for some months now, I tried but couldn't understand anything it's not my thing tho so I passed Lol. I can testify that trade pays very well because my cousin at 23 bought a house already.
This guys a genius ain’t no way he lost all that money or put it all in once place he’s too smart
its called aspergers
Not all people who are smart know how to manage their money. Broke accountants exist.
Maybe he struck a deal, by negotiation and threat to counter the charges pressed with others. He might have signed a disclaimer promising to never teach his systems to the masses
@BobbyG What socially? He did it all from his bedroom. You really believe he didn't transfer money via proxy fake investment funds to somewhere else? Or he got into crypto and has a huge wallet of crypto currency. I don't buy it. Aspergers doesn't make you dumb. Even if some fund he was in conned him, there is no way he didn't diversify. Also, he made millions, really think he couldn't make millions again? Specially during the Corona Crash, while he was in house arrest! The guy is a genius, these people don't give him enough credit because Wallstreet is filled with Extroverts that can't understand the autismo power guys like Nav have.
@@pmp1337 Well said. He's smart enough to know his money isn't safe in traditional ways. Look at civil forfeiture in US as an example. Police have legally robbed US residents of millions, maybe even billions. Even the rich hide their money (Panama Papers). Rich or poor, government will take every opportunity to separate you from your assets.
he won, the 1% lost. but sportsmanship doesnt exist with the 1%
LMAOOO
He used the fake order to trick the bots to buy or sell... maybe its the bots should be legal...
@@957543 I'm not sure the market would function at all without computer code reacting to the information humans give it.
This is exactly what most of the city firms, hedge funds are doing. Placing massive orders, then cancelling at once vise versa. This guy Navinder was made a scape goat. The house does not like to loose.... blah blah blah...
The prosecutors went with that deal because the only thing jury would find him guilty of is melting their hearts❤️😂 This guy is my spirit animal 🥰
If he was on wall street, they would be calling him a genius who really understood the markets and took advantage of it.
he was on wallstreet
@@extropiantranshuman no he was in England genius
@@goldfingershat wow genius - do you even know where stock trading takes place?
@@extropiantranshuman the comment implied that if he was WORKING on Wall Street, he would not have been punished. But if you would have watched the video, he was actually trading from his parents house, in England.(Wall street is in New York, not England. This might seem like an obvious point, but you are having great difficulty understanding it. Also the NYSE isn’t the only stock exchange in the world, shocker I know!
@@goldfingershat he's working there - with the stock market. That's not true - if he was working in a firm that dictates these laws - he would not be impacted as much - but there's no guarantee. If you read it enough, you'd see that.
Which stock exchange did you think he was on to trigger a US investigation? A UK exchange, not a new york one? Last time I checked - the UK is not in the US. I'm sorry this is difficult for you, I know.
Music
2:30 Summers Done - Audio Intuition
8:00 Driller - Skripture
15:50 Don't Speak - Skripture
24:30 searched for 2 hours couldn't find it
Some people spend hours searching for the outro song, others scroll in the comments section until they find someone who did the work for them. @James West found it and it's "Martin Felix Kaczmarski - Living Right Now"
Big ups, thanks for this
what's the music that plays at 7:23 ? i couldn't find it
Thank you
@@hypp2728 nutty p - jerry ft paigey cakey
When big mafias does it it is "high frequency trading" when a normal dude does it it is "market manipulation"
Essentially it is illegal for an individual to beat the ruling elites at their own game
The CFTC should have offered him a job.
Yup
Naw hes too smart and would run all the bullshit he found and would eventually get fired. Regulatory capture is alive and real
Clearly don't know what they're missing
He use to make 800k a day why would be work.
2010: DJIA drops over 800 points / "OHMIGAWD IT'S A CAPITULATION"
2020: DJIA drops over 800 points / "Oh what the fuck did Trump tweet now?"
Your business will make you rich but investment makes and you keep you wealthy, we all deserve to be successful and have financial freedom, I pray everyone here becomes successful
@Hart Thim You're right, it's obvious a lot of people remain poor due to ignorance
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
Wish I knew about this cry-pto trading earlier, brace up and get yourself some Bitcoin before it's too late
I'm new to cry-pto trading, how do I get started with the help of a professional?
Any specific guide?
This short documentary is awesome, I was more interested in it than I am in the best of the movies I've ever seen. Liam's storytelling makes it so easy to stick and not wanting to stop watching
I guarantee this guy is a multi-millionaire again we just don't know because he still is keeping it lowkey
@Wayne Halliday If his sentence is only one year house arrest chances are any restrictions would be lifted after that time. Dude sees the future, so why not?
@@joshboy88420 dude doesn't see the future, that was the whole point of this vid and the case against him. He was successful without high frequency manipulation, so as long as hes not completely banned from trading, he'll do ok.
@@ctdieselnut you can't simply ban someone from trading. He can trade under his father's name or distant relatives' name.
@Wayne Halliday There is a decentralised financial system, which is completely separate from the current corrupt financial system. I bet he is in the cryptocurrency, digital asset space. The decentralised financial system is the future of finance and will eliminate the current one. Search up Defi - Decentralised Finance.
I'm pretty sure he been active... Specially with market crash happen last year... No way he missed that..
They use bots to buy the shares for .05 cent more.
>all ready 21 million shares sold and we're only open for 3 minuten
Yet when he does it it's a crime?
he wasn't doing the same thing, he was manipulating the market by placing orders that he would quickly cancel. High frequency trading is what you're talking about; what Raz did was more along the lines of throwing rocks in front of the horse in a horse race in order to influence the outcome. Problem here is that all the other biggest earning betters were already throwing rocks at the other horses, they just don't like that someone else figured it out as well.
Heck, this is why stuff like lobbying in politics is legal; those with money will be doing it anyways, regardless. By making it legal, everyone is able to. A similar concept should be applied to markets so that the playing field is level. Too many people print their money from that to let their income stream run dry though.
@@Gogglesofkrome It's not like throwing rocks
@@thewhitefalcon8539 maybe not, but on a large enough scale this can completely disrupt the economic system of any given country. There's too much savings involved in the stock market for something like this to just remain ignored, even though I personally believe it should be legal due to the reasons provided above; it's going to happen anyway.
@@Gogglesofkrome When you buy investments, you are not guaranteed that they will go up. It shouldn't be the government's job to make sure they go up. It *should* be the government's job to referee the country and keep it productive, but making sure investments go up is not part of that. If they go down, that is your problem, not mine.
I compare it to houses in New Zealand. Everyone was told to buy a house for retirement. And so the government made sure their prices went up. By preventing new houses getting built. Now nobody can buy a house and skilled millennials are leaving the country in droves. In a couple of decades it will be the next Venezuela. Because the government tried to make sure investments couldn't go down.
I'm considered (HENRY) High Earner Not Rich Yet, with around $250k income, but not having much left after taxes, housing, and family costs.. not to mention, saving for an affluent rtmt. I'd really appreciate investment tips that comes handy and sustainable to afford my lifestyle after rtmt.
folks with significant discretionary income stand a strong chance of being wealthy amidst inflation, its about finding and utilizing the right opportunities, most times financial advisors are paid to get the job done.
@@AliciaLashawn that's right, F.A they help alot, my profit has been consistent no matter the market situation. I got into stocks early 2019 and the constant downtrends discouraged me so I sold off, afterwards got back in Nov.2020, but with the help of a license advisor recommended by a pundit on reddit, long story short, I’ve realized over $1.7m with barely $650k invested thus far.
@@Rachelschneider03 impressive gains!... who is your F.A?
@@ReidCoffman1 I take guidance from 'Autumn Lynzi Smith' just punch her name on your browser and go through her page if you care for help
@@Rachelschneider03 thanks i found her already through my browser... i also emailed her!!
Capitalists when you lose: “You just didn’t work hard enough”
Capitalists when you win: “Hey that’s illegal!!”
Socialists: give me your money or your hardwork is illegal and unfair to me
The Robinhood thing puts all these historic events in a whole new light. WTF, why did this kid go to jail, it sounds like there was probably hundreds of programs/algorithms that contributed equally or even more??
@@sammclone3967 its because his was the most effective. Fuck the system
I think he has been framed by big firms who were behind this, how can few millions crash a market, when, if you read Goldman Sachs balance sheets they make million in trading daily, yes daily. 14:40 this is what every institution does. There is no interview of this person, whereas Nick Leeson - the one behind the bankrupting of Barings Bank is very much active, of course, that can be his personnel call, but there is very fishy.
Bold of you to assume that's a capitalist trait
this is the guy thats trying to prevent the market makers from stopping me out before it shoots up. respect
Or he's the guy who makes your purchase cost more and your sales net less.
Don’t let r/wallstreetbets see this
too late
Was gonna say he's probably already a member
GME gang 🚀🚀🚀🚀
@@BrianLouderback lol
@@BrianLouderback Short squeeze is going to be crazy. Lets ride brother.
He did nothing wrong in my opinion. WallStreet is doing it every day.