Brokers are in the business of making money, like most businesses, that means that if they can make money off of you, then they will. Things like Payment for Order flow and selling your trade data to create a composite man psychological profile exists. These result in a lumping and a basket of similar ‘like-minded’… Read More A ToS reminder that Brokers aren’t your friends
Hot water and thin ice, that’s double whammy for you. GME, the GameStop Saga is still in progress. The revolution will not be televised. But the big takeaway is the GameStop issued a Stock splividend that the DTCC fucked up massively. The DTCC being the Depository Trust & Clearing Corporation that is a private company… Read More The DTCC is in hot water and on thin ice; GME
This part, will have a small blurb about the GME fiasco events using the Litigation case and various SEC Press releases, including this report, to discuss some of the clown foolery of market abuse. Here are the previous pieces in this series;Dark Pools I: A Primer to DarknessDark Pools II: Do they Exist? A TLDR… Read More Dark Pools VII: Markets are abused by Dark Pools via Internalization and PFOF
A user had a short position opened against their consent and without their notice in a cash account with IBKR (Interactive Brokers) Upon discussion with a representative, the IBKR rep said that this is true and that it was due to ‘corporate action’. Basically admitting to the illegal action or infraction. Here is the chat… Read More IBKR illegally messes with cash account
Alright, well, let’s talk about degen terms and go down a rabbit hole in Scammalism. Where everything is a scam, including breathing. Alpha; Besides being the first letter, related to aleph, and spira-noma-animus of meta-physica. Uhm, alpha has a place in da markets. Alright, First common sense rule of the markets is that; in order… Read More WTF is Alpha and Alpha Capture (in stonks)?