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It didn't take long for the tables to turn once again. Robinhood shuts down trading in Gamestop and AMC, forcing liquidation only to protect the losing billionaire run hedge funds. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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It didn't take long for the tables to turn once again. Robinhood shuts down trading in Gamestop and AMC, forcing liquidation only to protect the losing billionaire run hedge funds. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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| It didn't take long for the tables to turn once again. Robinhood shuts down trading in Gamestop and AMC, forcing liquidation only to protect the losing billionaire run hedge funds. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
Well, I did not see little guys winning, all I saw was a bunch of idiots buying a pile of grossly overvalued garbage that was about to blow up in their face any second now. "Good job" on the government that prevented millions more from ruining their accounts that they created out of the money the government gave them to eat and not to gamble! $500 per share, and going, was neither investing nor trading!!!
mike can u have a peek at the daily treasuries statement and let us mere mortals know which way the fiscals is flowin'. market is a bit jittery. does it wanna take a big shit or not? what should we be doing? not all of us wanna use current events as distractions from the task at hand. thanks
as much as ive enjoyed the gameshare debacle and as much as i like to see corrupt wall st take a good a sound thrashing, unfortunately piling into gameshare at $350 will most probz be a losing proposition for the little bloke in the medium to longer term.
how can the taxpayer have bailed out wall st, when u 'dont DO mmt, just like u dont DO physics'? mmt just is??? it makes no damned sense!
Robinhood sucked before this. Dont kno why people traded with them. Cant trade OTC, had outages where people cldnt access their account, and were fined $65M for delaying trades…
5:33 yeah there was a bloomberg article on this, robinhood had to borrow some $…crazy
Mike, i've been a follower for a while and love the info you are providing. One thing i think you can do a little better is truly establish yourself as an authority. Maybe show your historic all time P/L, and let the scrubs know that you are the real deal in terms of equity curve. I think if you do that, a lot less people would be skeptical of your approach. I talked to a few of my friends who are all skeptical of you because you don't show your equity curve.
Remember that FXCM basically blew up after Swiss did a Central Bank intervention.
Cryptos may explode … the exodus of wall street begins
Robinhood (lol) has obligations to daddy Citadel Hedge Fund, who gave Janet Yellen $800k….rigged system now open, its blown up, with BigTech banning a president of the USA its all good for the long run…..good things will happen, the rigged system has been in decay since its two biggest kicks in the goolies…Brexit and Trump….and as Princess Leia said to "The Governor "Tarkin on the Death Star in 1977…."the more you tighten your grip….the more….will slip through your fingers". Of course, they did destroy a planet while they crumbled but, er…lets hope this revolution in reality is peaceful 🙂 It's why your sub shouldn't go to a grand a month Mike…your only pricing out the little guy who wants to learn, it'll only be hedge fund ticks that could afford your rates.
btw, Robinhood is done now isn't it, self destruct that move, with freedom of communications to the masses they can't hide, take your cash out of apps that are on the leash to the ticks in the hedges. So, schwab didn't stop the buying, TD did I heard?
Centralized managed MKTs, free MKTs, my ass. There is no America anymore, probably never was.
Change the system ? Lol,
wont be biden !!!
Times have changed..the revolution has begun.
Hitler finds out his GameStop short isn't working out…
https://www.youtube.com/watch?v=R8JX005MZeE
i swing trade option call and purposely choose not to add stop loss but when you can s calp and day trade and swing trade and long term invest you can trade whatever the market throws at you
I am not a member of any trading chatroom and wouldnt be
I trade alone based on my own understanding of where i think the market is going
And because i purposely choose not to use stop loss on any of my trades the market cannot seek non existant stop loss trades
I only make about 15 trades a month usually tho only about 10 option call trades a month
I reckon trading chatrooms will be banned before long
Facebook and google could invent their own digital based blockchain stockmarket based on fictional shares with no need for a traditional economy at all
Increasing margin requirement shouldve been enough
They dared to be bold and blatant and take all the drastic measures, there is no pain like a money loss
I pulled all my money from Robinhood 2 weeks ago
Worse yet, they were forcibly liquidating people's GME positions.