The Wild $50M Ride of the Flash Crash Trader
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День томуIn May, 2010, from his bedroom in London, Navinder Sarao, helped cause panic in U.S. markets. Bloomberg’s Liam Vaughan tells the story of The Flash Crash Trader, also known as The Hound of Hounslow.
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@business 3 роки тому
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@LondonFuturesTrading 3 роки тому
Another membership revenue coming
@lo2740 3 роки тому
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.
@ae86boyracer 3 роки тому
At least this is a little more transparent that what they usually do.
@kungfujoe2136 3 роки тому
scapegoat
@chrispaul3778 3 роки тому
I'm new to Bitcoin trading, how do i get started with a professional expert
@bambambooyaaj6239 3 роки тому
"Manipulated the market" He's simply a player in a game you made.
@fjoseyahoo 3 роки тому
Happening with game spot now lol
@sharedaluv7489 3 роки тому
EXacly what i was thinking just before i scrolled down to the comment section
@Rullehjem 3 роки тому
"It's a big club, and you ain't in it"
@Naitsabes68 3 роки тому
Not really. He was placing enormous amount of orders that he had no intention of executing
@rishabhtyagi4277 3 роки тому
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.
@iamdmc 3 роки тому
Guy beats banks at their own game... ... must be illegal
@a.daniel985 3 роки тому
House always win
@007bogossemre007 3 роки тому
Exactly. As far as I'm concerned, this man is a hero.
@fauzifikri7805 3 роки тому
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...
@ex3366 3 роки тому
@@fauzifikri7805 i second this.
@Dpaq13 3 роки тому
Don't worry they only let him off because he lost all his money and they had nothing to take as a penalty.
@WestonScally7614 19 днів тому
No doubt, having the right plan is invaluable, I'm diversifying my 200K stock portfolio into tech stocks and renewable energy. They seem promising but i'm not so sure about the best strategies to secure our future
@Mckennie61751 19 днів тому
Don't put all your eggs in one basket rather diversify into different asset classes. Diversification into various asset classes will help mitigate risk.
@SageMadsen 19 днів тому
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1M in returns on investments.
@louis71350 19 днів тому
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@SageMadsen 6 днів тому
I'm guided by Jennifer Leigh Hickman an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@SageMadsen 5 днів тому
I work with *Jennifer Leigh Hickman* , a licensed advisor. Simply search the name to find the necessary details to schedule an appointment.
@chizzlemo3094 Рік тому
The Flash Crash happened ONE MINUTE AFTER he turns his computer off and goes for dinner. He was a scapegoat, poor guy
@oliverf944 28 днів тому
my thoughts too.
@henreator 3 роки тому
Moral of the story: it is a crime to profit from the rich
@MSujiitShrestha 3 роки тому
Its a wrong conclusion. Change your learning.
@somdash2920 3 роки тому
@@MSujiitShrestha GameStop
@jennys9043 3 роки тому
Exactly
@dracozain1023 3 роки тому
@@somdash2920 Oof
@benene055 3 роки тому
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.
@Nimitz_oceo 2 роки тому
Let all give Nav a round of applause. The MAN IS A LEGEND
@3EBstudio 2 роки тому
Yep taking notes
@bigwavesun 2 роки тому
💯
@edd2184 2 роки тому
Nav is doing great, He moved to Canada and started a rap career... Never mind wrong Nav 😔
@afianjeevan2721 2 роки тому
He sees through the illusion
@trifeccta 2 роки тому
Proper madlad
@dennym6270 Рік тому
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.
@xtdworkshop3424 Рік тому
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.
@sloht4061 9 місяців тому
@@xtdworkshop3424 When you know how to trade and trade well, you'll never be broke again.
@raidraven4189 9 місяців тому
@@sloht4061 yes
@CarlosArruda77 9 місяців тому
he doesn't need that money but he can get it all back again.
@Heyu7her3 2 місяці тому
How about be an actual Robin Hood?
@dylanmoris6211 10 місяців тому
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??
@williamsbrown4026 10 місяців тому
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..
@adakkristinn 10 місяців тому
@@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??
@adakkristinn 10 місяців тому
@@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.
@vitaliscalixtrato 17 днів тому
IF YOU CHOSE TO GIVE IT TO ME i CAN GET YOU 30% RETURN.
@goma3 3 роки тому
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
@psgbibi27 3 роки тому
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
@carlmonty7290 3 роки тому
this is all a lie. Typical bloomberg
@tejasshetty2109 3 роки тому
He didn't even get to record his football match😤
@vilius2295 3 роки тому
people who think its real are dumb..
@theuglykwan 3 роки тому
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.
@ArcWelder588 3 роки тому
Meanwhile not a single person was arrested during 2008 housing bubble
@Eleriol84 3 роки тому
Wall street crashed the world economy for a decade no consequence this guy crashed the market for what? an hour? gets prison. fucking pathetic
@InvagPrune 3 роки тому
Actually i believe one banker was arrested. Just one. Kareem Serageldin.
@projectatom5349 3 роки тому
@@InvagPrune Bro didn't even do anything major
@sssdctn4009 3 роки тому
Actually 1 guy did get arrested.
@StonkSlayd 3 роки тому
its all on purpose.
@Casey-summer 7 місяців тому
The most significant lesson I gained from the stock market in 2023 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key.
@sloanmarriott5 7 місяців тому
Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.
@lilyhershey1 7 місяців тому
Embracing uncertainty, I realized after five years that attempting to predict market outcomes through chart analysis was futile due to the unpredictable nature. My lack of a mentor led to six years of struggle. I transitioned to following the market's direction and adopting a straightforward, disciplined approach.
@louie-rose7 7 місяців тому
*@kristenpierce8661* I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
@lilyhershey1 7 місяців тому
I'm guided by Camille Alicia Garcia an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@hannahdonald9071 Рік тому
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.
@zoeytank2921 Рік тому
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.
@graceocean8323 Рік тому
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.
@trazzpalmer3199 Рік тому
@@graceocean8323 Do yo mind if I ask you recommend this particular coach you use their service? I have trouble knowing when to buy or sell.
@graceocean8323 Рік тому
@@trazzpalmer3199 The coach I use is actually quite known, Johanna Mussche. She has a wide presence on the web, so you can just search her.
@mcginnnavraj4201 Рік тому
Thank you for this amazing tip. Verified her, wrote her and scheduled an appointment. She seems Proficient.
@JKaiserable 3 роки тому
I bet the bankers that stole his money didnt get handcuffed.
@rishabhtyagi4277 3 роки тому
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.
@mariuszarszylo1476 3 роки тому
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.
@tru47agent 3 роки тому
Of course they didn't
@marinaolga7167 3 роки тому
I wish he invested that money in crytocurrency business
@mostafakasim9539 3 роки тому
@@marinaolga7167 what are the requirements and how can i get it started over here?
@PK-rf4hq 3 роки тому
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.
@ABC-dw7pe 3 роки тому
To stay safe He could have got involved in the game and worked for a firm
@Wtiberon 3 роки тому
Oswald wasn't the lone shooter!! Bring on the conspiracies...
@whamc 3 роки тому
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
@treyheaney9483 3 роки тому
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.
@whamc 3 роки тому
@@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
@MadaraUchiha-gi1se 2 роки тому
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.
@Patriciacraig599 9 місяців тому
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
@HelenaBonham-pz4ly 9 місяців тому
An obvious way to lnvest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisr is important in making this decisions
@roykings 9 місяців тому
@@HelenaBonham-pz4ly Such considerations can certainly have a role when I think about whether I ought to buy into a share. But I never purchase purely on that basis, i always have to seek the adv!ce of my financial-planner who has helped me gain $985k in a well-diversified portfoIio that has experienced exponential growth
@PhilipMurray251 9 місяців тому
@@roykings I wholeheartedly concur, i have thought of engaging with an lnvestment coach, but don't really know how to get one.
@roykings 9 місяців тому
@@PhilipMurray251 It's best you do your due diligence, I have my portfolio overseen by Elizabeth Pan Holt‘ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.
@PhilipMurray251 9 місяців тому
@@roykings just copied and pasted her full name on my browser, super impressed with what I've seen so far. thanks for sharing!
@jonwarner1977 3 роки тому
He was convicted for beating the Investment Bankers at their own game. That's hilarious!!!
@FermiGBM1 3 роки тому
Lol how the fuck does 40 million in profit crash a global market that's bullshit
@ec6511 3 роки тому
you clearly have no idea what investment bankers do, i think you must mean he beat the investment bank at their own game?
@robertoszczecin 3 роки тому
They should be convicted. He should get price for what he did, not conviction
@ClownGamingMedia 3 роки тому
this is why we need gov gone becasue we almost had nice things but fuck gov
@stanleyparker1542 3 роки тому
She's well known broker and lucrative broker.
@divyarth97 3 роки тому
The real scammers, large hedge funds, had a problem with them getting outsmarted by a kid
@jesan2588 2 роки тому
@Nekolover GME go brrrrr💸
@sneedle252 2 роки тому
Yep. And their goons aren't some guys down at the chip shop, they're the FBI and the DoJ.
@californiaxfresh Рік тому
"He still rides his bike, plays football with his mates, and gets a filet-o-fish from McDonalds". this dude is killing it!
@R-C. 2 роки тому
Mind blowing story. But most importantly, an absolutely stand up humble character this man has.
@saranichols9201 3 роки тому
He didn't do anything wrong. He just was smart.
@saranichols9201 3 роки тому
@@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.
@wbrycec 3 роки тому
@@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
@finglefingle6628 3 роки тому
@@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.
@spurs5677 3 роки тому
@@mottbox you get scammed by the government everyday
@jfritz6233 3 роки тому
@@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.
@barba8145 3 роки тому
Crooks on wall street that caused 2008 got bailed out but this guy goes to jail? Hilarious!
@innosam123 3 роки тому
He ended up getting a slap on the wrist. The biggest tragedy is that he lost all the money he made.
@Private_Library2 3 роки тому
@@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....
@salvadorhuiden3929 3 роки тому
Storyline for this(banks being saved to normal people being put to prison) is: "From bailed to jailed" real quick!
@barba8145 3 роки тому
@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
@Theevilrhino 3 роки тому
@Lenny Mill so the crooks that got insanely large severance package for wiping out your parents’ retirement fund didn’t get bailed out?
@instinctively_awesome8283 Рік тому
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
@Alejandracamacho357 Рік тому
you’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
@Robertgriffinne Рік тому
@@Alejandracamacho357 I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months
@Patriciacraig599 Рік тому
@@Robertgriffinne I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
@Robertgriffinne Рік тому
@@Patriciacraig599 Credits to 'Susan Agnes Hancock' she has a web presence, so you can simply just search her.
@Patriciacraig599 Рік тому
@@Robertgriffinne 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 résumé.
@kanuegwu Рік тому
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?
@mathebulamkhize876 Рік тому
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
@stjepanhauser7595 Рік тому
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.
@stjepanhauser7595 Рік тому
Thank you, I copied and pasted his name on web browser and sent a email waiting for reply.
@AaronBruder 3 роки тому
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.
@BuckingHorse-Bull 3 роки тому
they make the rules. either obey or break
@PainAmvs_ 3 роки тому
@@BuckingHorse-Bull How about change it overtime lol. Infiltrate your way in.
@BuckingHorse-Bull 3 роки тому
@@PainAmvs_ that to and thats how we got this video
@taoliu2920 3 роки тому
so true. that is the way the world is designed.
@k03dz0n3 3 роки тому
this.
@Asian_Connection 3 роки тому
So here what I don't understand. So Goldman can pump in fake trades but an average joe can't.
@Snowy123 3 роки тому
Seems like you understand it perfectly. Godmsn can pump in fake trades but an average Joe can't.
@NextWhiteDeath 3 роки тому
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.
@PartyboyDanny 3 роки тому
Yes exactly
@Newtube_Channel 3 роки тому
No fake trades per se but a form of insider trading. Where one end of the swing is same thing as the other end of the swing. Obviously there's double standards going on but for different reasons.
@bleacherz7503 3 роки тому
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?
@Bezosjesss 7 місяців тому
This is completely overwhelming. Think I could really use more guidance to navigate the market. I've been trading since early this year but I'm still unable to make profit. However, a few investors I read about make profits of over $500,000 in months? Am I doing something wrong? I've liquidated most of my assets and I could really use some advice on what best to invest into.
@MarvishaN 7 місяців тому
This is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. That is how people are able to make such huge profits in the market.
@josephbush 7 місяців тому
Thats how I assumed I had a hang of the market at first. Gained $46k one year and I was super elated. But when I worked with a portfolio-advisr whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I nettd a whooping $480K during this dip. Made it clear there's more to the market that we avg joes don't know
@georgeh.5126 7 місяців тому
@josephbush That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@josephbush 7 місяців тому
@georgeh The adviser that guides me is HEATHER LEE LARIONI. She works with Merrill Lynch near my old office so I see her often to discuss my business. There are a lot of independent advisors you might look into. But for me, her strategy works hence my result. She provides entry and exit point for the securities I focus on
@georgeh.5126 7 місяців тому
@josephbush Just found her web page, I went through her resume and I must say it was quite impressive. I reached out to her and I have booked a session with her. Thanks a lot for sharing
@Mayor1248 Місяць тому
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?
@Zubaida.Ali.Ali5327 Місяць тому
here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.
@maureen... Місяць тому
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
@maureen... Місяць тому
Kate Floretta in stagram
@maureen... Місяць тому
Google "katefxfloretta" anywhere take classes and learn to trade.
@vincentstewart1843 Місяць тому
having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.
@RedCandles_ 3 роки тому
Nav was manipulating the manipulators, and they don’t like to lose. That’s the only real crime here.
@rileysessions8766 3 роки тому
Yep
@cryptocanada3038 3 роки тому
exactly.
@thewhitefalcon8539 3 роки тому
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!
@joe-yt8ls 3 роки тому
exactly
@georgetidwell003 3 роки тому
Facts dude a legend. They mad cuz they was trying to cheat buddy and he got smarter and fought back
@TalisNo1 3 роки тому
The rich don’t like it when the little guy plays the game better than them
@user-nn4ld6nq2b 3 роки тому
nor does the global economy when it gets illegal manipulated
@josevilla3709 3 роки тому
How can we support this guy
@bryanchaster 3 роки тому
@@user-nn4ld6nq2b 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
@extropiantranshuman 2 роки тому
then it's considered cheating!
@extropiantranshuman 2 роки тому
@@josevilla3709 by acting like him, duh and expose corruption
@MariusNatt Рік тому
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.
@AliciaLashawn Рік тому
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.
@Rachelschneider03 Рік тому
@@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.
@ReidCoffman1 Рік тому
@@Rachelschneider03 impressive gains!... who is your F.A?
@Rachelschneider03 Рік тому
@@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
@AshtonGrace Рік тому
@@Rachelschneider03 thanks i found her already through my browser... i also emailed her!!
@Mcllwain 10 місяців тому
Even if bond yields are increasing while stock prices are decreasing, the markets are still skeptical whether the Federal Reserve will stick to its goal to raise interest rates until inflation is under control. While I'm still debating whether to sell my $401k worth of equities, what is the best way to profit from the present down market?
@sherryie2 10 місяців тому
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.
@kurttSchuster 10 місяців тому
@@sherryie2 I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@tonicruger 10 місяців тому
@@kurttSchuster I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@kurttSchuster 10 місяців тому
@@tonicruger credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up
@DBKarel 3 роки тому
This is literally what large Banks do every single day to commodities futures.
@vvolfflovv 3 роки тому
and when they get caught they get a small fine. smh
@johnmanigold6906 3 роки тому
@@vvolfflovv IIIIFFFF they get caught
@daezjn 3 роки тому
they just don't like others playing their game lol
@jefegamez6284 3 роки тому
Yeah dude, it sounds like this man was an escape goat to the greedy capitalist economy we live in the modern age
@SioneNai 3 роки тому
so who is the criminal here.
@blankstuff3852 3 роки тому
Stock exchange: Creates High frequency Trading Nav: Does High Frequency Trading Stock Exchange: Arrest that f*****.
@curiously-cinnamon 3 роки тому
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
@crescentprincekronos2518 3 роки тому
@@curiously-cinnamon enter HFT spoofing
@sape2207 2 роки тому
@@curiously-cinnamon they do, don't worry.
@RJ-se9op 2 роки тому
@@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.
@rearer 2 роки тому
@@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.
@jemiez9383 9 місяців тому
A legend among man and among retail traders. Salute to Nav!
@MaryPatricia-wr3wj 9 місяців тому
After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
@ThomasWilliam-sw8ms 9 місяців тому
Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor
@MaryPatricia-wr3wj 9 місяців тому
@@ThomasWilliam-sw8ms In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.
@ThomasWilliam-sw8ms 9 місяців тому
@@MaryPatricia-wr3wj Please provide the information for your investment advisor here. I really need it now.
@MaryPatricia-wr3wj 9 місяців тому
@@ThomasWilliam-sw8ms She is MARTHA ALONSO HARA, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
@ThomasWilliam-sw8ms 9 місяців тому
@@MaryPatricia-wr3wj sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.
@Skux720 3 роки тому
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.
@THE-BIG-JP-REILS 3 роки тому
It's not about the money... its about sending a message
@jerrodtham 3 роки тому
Well said
@bluestsea 3 роки тому
True he never cared about the money away.
@theuglykwan 3 роки тому
Did he not care or did he just get it scammed?
@TapalKuda 2 роки тому
@@THE-BIG-JP-REILS but hes not Joker, he did not burn all of that money in front of his goons
@MrMiggoH 3 роки тому
If the house loses the player is always at fault. Funny how it goes.
@JJs_playground 3 роки тому
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.
@gwaiwohng2181 3 роки тому
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! 🐂💩
@aaammm1888 3 роки тому
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
@jamesirwin7677 3 роки тому
@@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.
@gwaiwohng2181 3 роки тому
@@aaammm1888 I'll tell you a secret: Racism is used by the Democrats to divide you against your countrymen. It works very well.
@jetkastrokdova 9 місяців тому
Despite the economic crisis, I still thank you for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $12,539 in my portfolio Thanks so much Mrs ''Charlotte Anne McConnell'..!!
@ChrisCapehart-ng5bq 29 днів тому
Great time learning from the best of the best Mr Sam Deymon. thank you for your time and sharing your knowledge that is our base from a new beginning for a new trader thank you teacher Sam.
@DisarMn 3 роки тому
What a legend. Nav figured out how to play the game better than HFT's and got in trouble for it. Props to him.
@Semi_Successful 3 роки тому
if only he was aware that wall street are crybabies and sore losers.
@ricardomains 3 роки тому
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.
@justinTime077 2 роки тому
Really?
@kestrel3509 2 роки тому
@@justinTime077 YES.
@TheJustin500 2 роки тому
You really think genius people are happy?
@bigheadrhino 2 роки тому
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.
@bitxhplz Рік тому
@@TheJustin500 how would we know? we ain't even close to be a genius lol
@beckybnyc322 2 роки тому
LOVE this & the fact he didnt give a fug about the material objects but instead showed them what it is to be on the other end of those trades...LEGEND
@shibazii1753 Рік тому
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.
@AK-ee4lk 3 роки тому
Dudes being used as a scape goat for someone else's mistake
@gwaiwohng2181 3 роки тому
True... He didn't cause the flash crash, instead those stupid high frequency bots did. He's just the patsy.
@sylvainh2o 3 роки тому
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 .
@TT-jg8ju 3 роки тому
Real pro (c)traders had to blame someone
@blankneverlosegaming6374 3 роки тому
@@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.
@sylvainh2o 3 роки тому
@@blankneverlosegaming6374 yep it's a huge problem it should go back to this a more stable stock market where the numbers make sense.
@stefanmorissette7683 3 роки тому
This better be a Netflix film in a year...
@henning7378 3 роки тому
id rather have that boy have his privacy
@josephsofaer841 3 роки тому
A Dev Patel film is being made on this.
@leemacdonald6533 3 роки тому
YES!!!
@dogelife7901 3 роки тому
There is an older film starring a young Obi Wan Kenobi that is basically this story.
@dondark6423 3 роки тому
The jokes on wallstreet, his money is actually in hidden accounts offshore, just waiting for things to cooloff.
@ibrahimmuhammad2000 Рік тому
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.
@ClappOnUpp Рік тому
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 🥰
@chilltraptastic4091 3 роки тому
This needs to be turned into a movie, what a ride lol
@luisgrados2875 3 роки тому
Into a riot u mean
@parshantrajput6311 3 роки тому
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.”
@TooGoodForTV 3 роки тому
I agree
@moltenlava1877 3 роки тому
@@evelynjulia3458 lol
@davidbinkowski4825 3 роки тому
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...
@kebman 3 роки тому
This has got to be the most unfair trial I've heard about in a while.
@doobitron 3 роки тому
Ever heard of julian assange?
@donb2527 2 роки тому
Why? He was let off with 1 year house arrest. Which I think is acceptable, although no punishment would be best.
@inkbold8511 2 роки тому
No Julian assange is still under arrest and is currently in prison.
@inkbold8511 2 роки тому
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.
@DustyDustGaming 2 роки тому
Aaron Swartz. Look him up
@4thAct 2 роки тому
This story is priceless dude. They're gonna make a movie about this guy someday.
@spugged9800 11 днів тому
you just watched the percursor
@AnirudhAaru008 Рік тому
I don't remember how many times I have seen this documentary, fascinating!!
@age_of_reason 3 роки тому
US: You can't make illegal trades, that's our job.
@Philip02K 3 роки тому
The central banks are the enemy
@MrYsosad 3 роки тому
yankees hate competition, especially those who are better
@BenTrades 3 роки тому
Why i love being a day trader i can profit off of them mfs
@LivingChartz 3 роки тому
@@BenTrades They soon knock on your door with handcuffs 😉
@KingSlimjeezy 3 роки тому
i mean its true biggest army diplomacy
@d3stt1ny 3 роки тому
when this video is recommended after watching a GME video.
@YannI293 3 роки тому
Today you meet him under the Name deepfuckingvalue
@rishabhtyagi4277 3 роки тому
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.
@kamakool 3 роки тому
Lol right... warning to wsb perhaps?
@1973peylay 3 роки тому
This 👆
@handlemonium 3 роки тому
Fellow Aspie here.
@samanthadonaldson2246 8 місяців тому
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.
@madiezancanellatl9205 8 місяців тому
The one thing about being successful is working towards it and not the other way around
@haydencraig7149 8 місяців тому
@wilsonadams2588True
@christopherhobb7702 8 місяців тому
"if you don't find a way to make money while you sleep you will have to work hard until you old".
@jeremygood3246 8 місяців тому
I'm looking for something to venture into on a short term basis, I have about few hundreds sitting in my savings
@christianajoe8563 8 місяців тому
@@jeremygood3246She's on face book 👇
@nisargpatel122 2 роки тому
Only legends can stay grounded after that success. Respect!!
@MrRonedison 3 роки тому
So rich bullies turned into crybabies over this guy. Lol.
@TheAaronuk10 3 роки тому
yeh what gamestop!??! haha
@MrRonedison 3 роки тому
@@TheAaronuk10 we'll see a documentary about it too, wait for it.
@BallsofRisk 3 роки тому
ha ha ha ha ha ha - sore losers... ain't they ?!
@Tman6764 3 роки тому
For real lol
@extropiantranshuman 2 роки тому
@@TheAaronuk10 he single handedly was WSB
@TonberryGames 3 роки тому
Took 11 years for the middle class to realize they could be Nav too.
@pyruvicac.id_ 3 роки тому
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.
@akaiye 3 роки тому
@@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?
@muabyt7333 3 роки тому
@@akaiye BRUH XD
@jddunnfilms 3 роки тому
Thank Wallstreetbets
@eyalshlomo1654 3 роки тому
Not really.. this guy is a genius with a great sense for multipication and arithmatics.
@Little6 2 роки тому
amazing story! Thank you for sharing this.
@SpacedExplorers Рік тому
Fantastic production and story. Love it!
@THEKITPLUG 3 роки тому
This fella was nothing more than a low-level scapegoat.
@THEKITPLUG 3 роки тому
@@godwin4152 Truth > Originality
@ambassador8524 3 роки тому
How so?
@adamlee5128 3 роки тому
@@ambassador8524 because Universa investments caused the crash. he just hopped on the wave
@harryaxford530 3 роки тому
@@adamlee5128 u have any info backing up that statement. Interested to find out more ?
@manictiger 3 роки тому
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.
@jhekarlstudio713 3 роки тому
Wall Street : The stock fell, what should we do? Wall Street 2 : Blame the kid in England. Nav : Tomorrow is football time!!!!!
@karimbique4494 Місяць тому
im from the carribean "St martin" and live in the uk and i loved the information given by both this should go viral
@vincentstewart1843 2 дні тому
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.
@Zubaida.Ali.Ali5327 2 дні тому
I always advice new members and will also advise you to have a mentor orientation on how it works before getting involved. Trade offers more benefits than just holding.
@Zubaida.Ali.Ali5327 2 дні тому
Kate Floretta Face book
@Zubaida.Ali.Ali5327 2 дні тому
She Trade for Top Celebrities and super stars & could Mentor you.
@maureen... 2 дні тому
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.
@Godwin_blessing_felix 2 дні тому
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.
@Andolem 3 роки тому
To him it was just a number game, accumulating points, the dollar sign behind it has no value for him, what a genius.
@orchlongala8064 3 роки тому
Yes, he did an illegal thing, what a genius
@TheErasec 3 роки тому
@@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.
@Andolem 3 роки тому
@@orchlongala8064 where is the illegality? Because he did it, it is illegal? All Bankers use illegal activities to steal money from you and me.
@business_central 3 роки тому
*beats investment firms at their own game* SEC: Highly illegal activity detected!
@optionvice8926 3 роки тому
@Benjamin Roberts haha :*(
@keiko3781 3 роки тому
Spoofing.
@jaxstax2406 3 роки тому
Interesting how they are quick to get this guy doing something so complicated and when madoff does a simple ponzi scheme they take decades.
@business_central 3 роки тому
@@jaxstax2406 so true 😂😂🤣
@Baneheart666 3 роки тому
Sums it up.
@jeremygood3246 Рік тому
When you invest you're buying a day you don't have to work
@mbalimaka6393 Рік тому
@@benkent6187 You're right, it's obvious a lot of people remain poor due to ignorance
@lukeben1596 Рік тому
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
@cassiejacobs4197 Рік тому
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
@cassiejacobs4197 Рік тому
Now is the best time to purchase and invest in Bitcoin stop procrastinating
@lukeben1596 Рік тому
I'm new to this Bitcoin trading, how do I get started with the help of a professional?
@philipanderson5839 Рік тому
I used to feel overwhelmed when my portfolio would drop a few dollars. Now that I've learned how the market works, I see bear markets as a giant opportunity to build generational wealth for me and my family. In just 5 months my portfolio have accrued gains of over $300k
@amirbrooks6530 Рік тому
As an old investor i see the current stock market downturn as a giant opportunity to build generational wealth for me and my family. I was deeply invested all in 2017/2018/2019/2020 so far i've accrued roughly $920,000 since 2017 and i hope to get more . Credit to my FA, Stephanie Priscilla Bonillo
@chrisbluebird5037 Рік тому
@Richard M Todd Stephanie is my Advisor too . she has been of great help and her tutelage has brought me to a higher understanding of profit generation. thanks for sharing this mate
@Jesuschrist-qm1fj Рік тому
TEACH ME
@ilikeanimals5015 Рік тому
@Richard M Todd I heard she is super hot irl too 😍
@Mr.Plutonium Рік тому
Scammer
@BayBayBayArea 3 роки тому
Where's the litigation against the people who stole his money? What a world.
@ryanlibasia8605 3 роки тому
fact
@dreaming_fox163 3 роки тому
U shud be asking litigation against other bot operators that worked on same rules and aided the crash
@bwp2bruce 3 роки тому
You're not going to win against the people who got all the money
@naturalmystique1237 3 роки тому
never leave your winnings in a broker's account
@bikesqump 3 роки тому
Seems too fishy to be true. Sounds like the rich just took "their" money back.
@Twotter54 3 роки тому
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
@StonkSlayd 3 роки тому
I still can't understand that
@TDOTSE1 3 роки тому
Shows how corrupt they are man. Won't be surprised if they made him sign an NDA
@alann8583 6 місяців тому
"The money never meant anything to him..." - is the best line ever.
@Celsoalexsilva Рік тому
Navinder just did the right thing. He took revenge on the financial market robots. Respect
@FinancialShinanigan 3 роки тому
Respect to him for being in it for the game and not the gains
@ConsensusX 9 місяців тому
Boring 🥱 There's only gains
@christian_swjy 3 роки тому
There's gotta be a film director somewhere looking for this guy. He's a Hollywood story material!
@ravi2047 3 роки тому
Now that the case came to an end, we can see the movie by end of 2021.
@filmynerd6393 3 роки тому
@BobbyG LMAO
@PauliesGotIt 3 роки тому
share the sh1t out of this and i am sure there will be that movie. 1 i wil defo look forward to watching.
@soozombie5299 3 роки тому
He make 900k per day. U think hes interested?
@LordGooben 2 роки тому
Found a way to beat the system as other people do and other people build computer programs. He just knew the time and place to do it. He's brilliate
@chairman6652 2 роки тому
Excellent Documentary well put together 👍🏿
@DARIVSARCHITECTVS 3 роки тому
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.
@ToastytheG 2 роки тому
Gotta have $$ to do this
@mechamicro 2 роки тому
Yes, selling course online. Become another Wozak
@pedopars Рік тому
way too hard to understand even harder to explain to idiots.
@abdulvahid93 Рік тому
The top 0.0002% will get him killed.
@SlurryNoises Рік тому
and he'd soon have "committed suicide" under mysterious circumstances
@johnnykal 3 роки тому
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.
@RaysNewLife 2 роки тому
yes exactly one minute after he traded for 7 hours read the time at the bottom of the screen there wording is super manipulative
@r.sakarollsafe1285 2 роки тому
@@RaysNewLife His dinner that particular night must be atleast worth it. Cant the man stop to enjoy life for a moment. geez.
@patrickshanghai2064 2 роки тому
i fully agree PK. nothing makes sense in this "official" story.
@KasperVOlsen Рік тому
It is possible to produce superior performance provided you do something different from the majority
@emanuelbozic Рік тому
@grace morgan Do you trade on your own?
@christophernewman7557 Рік тому
That's impressive. Are you giving her your Money or the money stays in your trading account?
@giulianaconti55 Рік тому
@grace morgan Please I will love to trade with her. How can I reach her?
@watterjsmith4962 Рік тому
I know Kate Floretta I have a friend who use her service too
@ShirleYangZi 7 місяців тому
If he were on Wall Street, they would call him a genius who really understood the market and took advantage of it.
@bigzerofps 3 роки тому
Bruh. Is it just me or would this make an amazing movie
@abstragento0087 3 роки тому
This could be a epic movie if done right!!
@rawinrith5903 3 роки тому
Petition to make this into a movie pls
@thatkidraheem 3 роки тому
It could be better than the facebook movie
@abstragento0087 3 роки тому
@@thatkidraheem a lot better lots of material to work with just a amazing opportunity to tell a very interesting story
@kevintrinh3440 3 роки тому
I believe they are working on it!
@guselclueless7348 3 роки тому
This right here fellas... this a perfect movie script, just find someone that is willing to direct it
@rasputinswalloper475 3 роки тому
It's coming ... with the guy in Slumdog Millionaire, Dev Patel, playing the lead.
@curiously-cinnamon 3 роки тому
@@rasputinswalloper475 Yeah! I can totally see Dev Patel playing this character
@rasputinswalloper475 3 роки тому
@@curiously-cinnamon I read it in Variety Magazine web page, so it may well actually happen.
@curiously-cinnamon 3 роки тому
@@rasputinswalloper475 That's great! Looking forward to it👍
@rasputinswalloper475 3 роки тому
@@curiously-cinnamon Me too. Also, read the book Flash Crash by Liam Vaughn, it tells the story in detail.
@akgo2684 Рік тому
Legend in my books. Hope he's well
@vegapunk6985 2 роки тому
Well done, guys! A well told story
@TommyCarstensen 3 роки тому
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.
@clashoflands 3 роки тому
So true man
@rajiv8k 3 роки тому
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.
@katzenschildkroete 3 роки тому
@@clashoflands he is banned from trading forever.
@rajiv8k 3 роки тому
@@katzenschildkroete That sucks...
@salvadorduran9519 3 роки тому
Th
@Queenmahnoor555 3 роки тому
They spent time in McDonalds on figuring out how to arrest him then knocked on his door, he walked down the stairs...
@arfanmedni7294 3 роки тому
I'd be like eff off, you have no jurisdiction here.
@clutsta 3 роки тому
The whole story sounds like a load of caca if you ask me. Someone that intense doesn't just get ripped for every penny.
@srjuanjo 3 роки тому
Hahaha true... too much thinking by just knocking the f door and ask
@Karl__Pierre 3 роки тому
Word! This is such bs
@clutsta 3 роки тому
@@Karl__Pierre FBI/DOJ raid and they waited at the front door for him to come down? ROFL
@ToProTyp Рік тому
He did nothing wrong in my opinion. WallStreet is doing it every day.
@HaggisMuncher-69-420 Рік тому
When the little man gets to the top he's arrested. Sounds about right.
@ERIK31351 3 роки тому
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.
@ERIK31351 3 роки тому
@@eliasm2594 How did he change the price of anything? He didn't, the HFT bots did based on the orders NAV was submitting.
@ERIK31351 3 роки тому
@@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.
@ERIK31351 3 роки тому
@@eliasm2594 But the orders he executed didn't manipulate the markets. I understand how this works, I'm wondering if you do.
@ryanlibasia8605 3 роки тому
Erik is right
@user-xc1sx6hp8p 3 роки тому
Thinking too logical haha remember the ticket is to a circus
@darthdaddy6983 3 роки тому
“ he purposely manipulated the markets” Lol And where did he learn to do that ?
@User-du7kf 2 роки тому
Haha, that fatty considers him to be Soros or something lol.
@ravib2303 2 роки тому
he was born with ability to ride the market.
@extropiantranshuman 2 роки тому
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?
@madiezancanellatl9205 Рік тому
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
@popsarah7805 Рік тому
@Hart Thim You're right, it's obvious a lot of people remain poor due to ignorance
@thomasdooley3702 Рік тому
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
@jeremygood3246 Рік тому
Wish I knew about this cry-pto trading earlier, brace up and get yourself some Bitcoin before it's too late
@thomasdooley3702 Рік тому
I'm new to cry-pto trading, how do I get started with the help of a professional?
@thomasdooley3702 Рік тому
Any specific guide?
@Involvedplays 2 роки тому
The key thing to remember from this is, nav didn't lose his money. His 'money' was lost through investment which it wasn't. This was agreed upon so the money couldn't be seized. He's a mastermind.
@polo8245 5 місяців тому
doubt it
@bachir3208 3 роки тому
he won, the 1% lost. but sportsmanship doesnt exist with the 1%
@zxp3ct3r41 3 роки тому
LMAOOO
@957543 3 роки тому
He used the fake order to trick the bots to buy or sell... maybe its the bots should be legal...
@gorkyd7912 3 роки тому
@@957543 I'm not sure the market would function at all without computer code reacting to the information humans give it.
@yannchevrier-foundy5063 3 роки тому
Come on guys, he was just providing liquidity to the markets
@louis-philip 3 роки тому
LOL!
@user-gu1hl2kx2k 3 роки тому
nice one.
@MasterWestt 3 роки тому
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.
@yannchevrier-foundy5063 3 роки тому
@@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
@web2yt488 3 роки тому
Nice try. But your joke doesn't make sense if trades are not fulfilled.
@casecold1864 Рік тому
Incredible story! It's almost unbelievable!
@zerovalue5106 6 місяців тому
This guy is a Hero and a Legend in my book.
@sittingindetroit9204 2 роки тому
If he was on wall street, they would be calling him a genius who really understood the markets and took advantage of it.
@extropiantranshuman 2 роки тому
he was on wallstreet
@goldfingershat Рік тому
@@extropiantranshuman no he was in England genius
@extropiantranshuman Рік тому
@@goldfingershat wow genius - do you even know where stock trading takes place?
@goldfingershat Рік тому
@@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!
@extropiantranshuman Рік тому
@@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.
@archvaldor 3 роки тому
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.
@BallsofRisk 3 роки тому
yeah buddy
@andrequerry2865 Рік тому
"I am afraid Dave"
@l__l2328 Рік тому
It's always market manipulation when ordinary man wins big at the game
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