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Are your Profile Stats helping?I tend not to agree with using "boosts"/likes or followers as an indicator for the effectiveness of one's publications because ratings are by far the most impossible thing to remain steady. Case in point: Look at all the Movies and TV Shows that have had world class actors, directors, and million dollar budgets to produce. Eventually their ratings always drop low enough that they're taken off the air. If world class profesionals with multi-million dollar budgets can't get ratings, how much more likely are you?
AMEX:SPY
by UnknownUnicorn28743597
Privacy Policies ate your lunch! Again!Ok folks, it's time to blow the whistle again and I don't mind saying that I will be doing it in the face of a multi trillion dollar industry built on collecting data, rendering it, and selling it to 3rd parties. Noting I have only recently been introduced to this subject and don't have much to really back up my claims, except for a lot of bad experiences that I will keep to myself. What is data collection practice? Data collection is the practice of harvesting any bit of information that can be collected from a unique individual that is then compiled into a database and auctioned off to a clearing house and/or data collection agency. The data collection agency then processes all of the seemingly "jibberish criteria" using multi-billion dollar super computers employing decades worth of intellegince developed by teams upon teams of people, with the end result being if you sneaze on Tuesday they know exactly what to market to you on Wednesday. Where to find the data collection policies layered into all your web brokers, platforms, or services? Most all the time the data collection policies are found at the bottom of the home page of the website, and is typically a long legal drafted document stipulating the companies legislative right to collect your data and mine it for anything it can make a profit from. That means if you want to take action against the company for the data they recorded about you then you must hire a team of lawyers and take them to court! Basically the "little guy" has been hacked dominantly enough that it was converted into a legal practice, that in turn acts as a gag order to prevent them from being able to do anything about it. What's the big deal about data collection? Essentially it's an indirect way to (1) steal intellectual property (2) employ mind control techniques that empower the business to tap into your wallet at their leisure. Example: if say Etrade "collects" your trade history then sells it to a data collection agency that processes the information with billion dollar equipment & intelligence then they can reverse engineer your entire trading system and turn around to sell it to a 3rd party on the open market, effectively nuetralizing your ability to profit with the intelligence you developed in private. ERGO your own trading broker, web service, etc stole your lunch money. A few alarming examples is the fact that most privacy polices use the word "collection" instead of "use". If they were "using" your data to offer you their service then you wouldn't have to be concerned with it being saved in a dossier/profile and getting auctioned off to a professional agency that will mine it like its digging for gold; but they always use the word "collection". Observe the sarcasm relief "skit": "No I've never heard of anyone in a trillion dollar industy using super computers to analyze people's data, but hey maybe you should run with that because you never know it could be a thing." Seriously there are major issues with data collection and some of the areas are beyond alarming such as the fact I was reading Microsoft Outlook & Microsoft 365 related privacy policies (data collection) the other day and came accross the line "we reserve the legal right to open and read your mail", I'd say that we have major privacy issues here. Or looking through any major brokerage privacy policy and just the vagueness in the way they mention "we collect data on your trading history, transactions, etc" such as on Etrade, or TDAmeritrade. The most aggrevating part is every leading company in the technology industry is layering in more and more data collection policies within their services that most of the time if you try to disable them the service stops working properly. At the end of the day you have to realize that even though the company looks like a nice professional service they are not treating you nice and professional, in fact they've gone out of there way to win the legal right to abuse you by destroying your privacy and stealing a record of your activity to use against you. The fact of the matter is if you can't ascertain privacy while trading you will never succeed because they will share your information and adapt to your trading system before you have a chance to consistently profit with it. Even worse if the industry writes you off as "incompetent" then they will use your trading history or collected data to bet against you. In conclusion if you can't figure out a way to either (1) use services that actually list a privacy policy for the purpose of stipulating ways they provide privacy instead of destroy it, or (2) stay ahead of the incoming attack from data collection; then you need to find a job that doesn't involve computers. Period. That's how bad it is. That's how far down the wrong road technology has traveled.
AMEX:SPYEducation
by UnknownUnicorn28743597
Positive outlook for Robinhood█ Robinhood is a true leader of the investing world holding the title of the first company to introduce the following services: commission free trading, trading free of flat rate fees, and fractional share trading. The main service that sets Robinhood apart from the rest of the blue chip stock brokerages on Wall Street is the fact it truly offers free stock option trading with zero commission and zero per contract flat rate fees, a feature no other brokerage offers (most charge a minimum $.65 per contract flat rate fee). █ Lets take a look at the capacity Robinhood has to grow: they recently introduced IRA accounts that should provide folks with a more secure long term sense of responsibility as they appeal to Robinhood for business, but I believe Robinhood has yet to truly gain favor in the investing world because they still don't provide the service of short selling stocks/securities. As soon as Robinhood is able to increase the threshold of their margin capabilities to offer short selling accounts to experienced traders on Wall Street they will be given the approval they've desperately been waiting for; and even more exciting for tradingview users once Robinhood offers short selling their trading platform will be compatible to integrate into the Tradingview environment as another one of its featured brokers. In my opinion the outlook of offering a short selling service paired with the possibility of integrating its compatibility with Tradingview places Robinhood in the spotlight for all the right reasons (personally I'd love to trade on Robinhood right from my tradingview chart). █ (Q) If Robinhood is really that great then why isn't it doing well already? (A) I believe one of the major downturns for Robinhood's profits was its promotional program that offered new users free stock that then coupled with the disastrous timing of Covid-19 to exponentially dole out an unanticipated amount of free products to new users due to the unprecedented increase in digital networking created by lockdowns and folks being homebound; all leading to a few terrible quarters. █ (Q) How can Robinhood turn things around over night? (A) Obviously they have to stop their promotional give aways, offer short selling to appeal and compete with Wall Street professionals, and integrate with Tradingview as a featured broker. Now many people may underscore the importance of gaining the approval of trading professionals on Wall Street because Robinhood seems to target low capital investors from the rest of society but no one looks up to and respects the opinion of the pro's more than the fans sitting in the stand; meaning if the best traders on Wall Street give Robinhood a thumbs up approval everyone looking up to them for guidance will as well (that includes all the folks that have never traded or stepped foot in the world of finance before). █ Technical Analysis: I haven't drawn much on the chart but it can get a little confusing. I've labeled a few price points to keep in mind as Robinhood begins to turn into a raging bull, those are drawn in white and indicate typical values that profits are likely to be taken at. A linear regression channel is used to highlight the current trend, I colored the top of the channel red to represent potential resistance values and the bottom of the channel green to represent potential support values. The indicator below is provided to help support my thesis of bullish development as it's forming a bullish ascending triangle; and the signal/alert for a bullish ascending triangle is to simply anticipate the breakout as soon as resistance is broken. To be clear, as soon as the indicator breaks its resistance value and turns it into support the stock is expected to be in a bullish trend breaking out. █ Thank you for reading, if you're looking for more on Robinhood there's plenty of material on the web that's readily available such as the forecast from Tipranks below: www.tipranks.com
NASDAQ:HOODLong
by UnknownUnicorn28743597
4
Institutional Supply: AUD/USD ShortHi traders, Max here with a second chart to share today! Similar like the AUD/CAD play, I am waiting for price to also reach the AUD/USD supply zone shown on my chart. Of course the similarities are clear, and the correlation is high. Yet, it is possible that one of the two chart develop nicer on the lower-timeframes, doubling the potential to see a clean and nice setup to execute. This is one of the reasons that I always like to check pairs that are similar or correlated with eachother, all because my lower time-frame criteria is very strict! Let's see how it shapes up. Kind regards, Max Nieveld
Short
by newcapitalfx
1