Transcript:

we're goodListen, stop being mad at Robinhood.If anything, Robinhood has exposed government hypocrisyin a huge way, in a crazy way, and in sadly, an ironic way.And if you're gonna be angry at anybody,be angry at the government.To go back to like when I was in like elementary school,hey, you started it.The government started it.All Robinhood is doing is well,behaving as you know, the parents, the government.And what do I mean by this?Well, the big outrage right now,and actually, let me take a step back,to set up the political context.Put up an image of just one of the articles out there.But as you see here in this headline, it's implyingthat Robinhood, this catastrophe is bringing both sidesof the aisle together.You have Cruz being mentioned,who is on the far right of things.You have AOC being mentionedwho is on the far left of things,but yet Robinhood and this maneuver,they made this manipulationthey made is bringing everybody together.Really?Really government?Are you sure you wanna go down this path?I understand it.I'm just some dude on YouTubethat's standing in front of a chalkboardfrom probably like 1952.But let's just apply a little critical thinking here.And for many of you,you probably are already well awareof these issues and they already frustrate you.But let's talk about government manipulation.And remember, the big, outrageous Robinhoodwould not let me buy.They restricted buying.They were not letting me buy, that is manipulation.That is this, that and the other.And okay, I understand that point of view,but let me write down something right here.P-D-TEver heard of the pattern day trading rule?PDT.What does that say?That says that you know what?You are not allowed to buy and sell stocks as muchas you want, unless what?Unless you have $25,000.Wait a second.So if I don't have $25,000,then I can't buy and sell stocks as much as I want?Nope. You can only do it three timesfor a rolling five-day period.Huh.Doesn't that sound like we're not restricting you,restricting your choices,restricting your choice to do with your own moneywhat you wanna do?It's it sounds like that's to me.And what is this PDT?That as a government regulation.Government regulation.You can't buy and trade stocks as much as you want.I don't know.Maybe I'm crazy, but that seems like manipulation.That seems like restricting peoplefrom doing what they wanna do, which again, I get it.That's what Robinhood did.They would not allow people to buy,but PDT rule.How about this?Halt.Ever been in a trading halt?We're a stock is going and the priceis going crazy, crazy, crazy.It could be up or down.And then it just halts.What is a halt?A halt is restricting people from both buying and selling.What is everybody mad at Robinhood about?What is the government?What is this unifying thing that Robinhoodis bringing both sides of the aisle together about?Manipulation.The halt is the ultimate form of manipulation.It literally removes the control from the investors'and traders' hand.Because if you've ever been there,I mean, the stock could be at $50, get halted.And then by the time it opens up, it could be at $40which could be either bad or good for you.But the point here being, it's total manipulation.It totally restricts people from doing what they wanna do.So, I mean, these are the two primary things.And then the comment section, what else?I'm sure there's other manipulation thingsfrom the government that I'm not thinking about,but the PDT rule and trading haltsare to just glaring issues where,I can see the conversation right now.I can see the government walking in."Hey, explain this manipulation,explain why you will not allow peopleto do what they wanted to do."And I can see Robinhood saying,"Excuse me, Mr. Government, excuse me, pot, meet kettle.Could you explain to me Mr. Government,why you won't let people do what they want to dounless they have $25,000?Why you literally halt stocksand then remove all power from anybody involved.Could you explain that to me, Mr. Government?"So again, I understand people being mad at Robinhood,but this is a joke when you see all these politicianstrying to rise up,trying to wave, "Oh, what's going on?"Give me a break.And this is what I'm scared of.And this is what's probably gonna happenis that the government is gonna use this whole Robinhood,this whole short squeeze thing to putin more regulations to protect everybody.And people, are you sure you want more governmentin your life?And I'm not talking about left, right, center.Do you really want more governmentwhen you have this blatant hypocrisy that just exists.And as you, now for the common person like my parents,I mean, they don't understand the hypocrisythat's out there because they don't understandthese kinds of nitty-gritty rules.But as you and I, as tradersthat are active in the markets, we should be insulted.We should just be like, are you serious government?Are you seriously gonna try to do thisand make Robinhood to be the bad guywhen you do the exact same thing?So just something to think about.And please, be very careful what you wish for.Robinhood needs to pay. Robinhood needs to pay.Yeah, well, it's gonna pay with more regulations.And those regulations could very well not be so goodbecause I think everyone would agreethat these regulations are just a painin the side for traders,especially for people that don't have that 25,000.I mean, how annoying is that?It's your money.You made it.Why don't you get you to just behaveas you get to see fit?Why are you restricted in your ability to buyand sell stocks as much as you want?So that's kind of my little rant on it,but like I said,I'd encourage you, just to ask yourself the question.As somebody that understand these dynamicsand understands the government hypocrisy here,are you sure you want more government in your life?Are you sure you wanna invite hypocrisy into this,that, or the other part of your life?I'll leave that up to you.But all I'm saying is I'm throwing that question out there.And as traders,whether you are right, left, center, doesn't matter,I think this is a common ground where everybody can agree,as that headline said,that that headline just basically summarizes and pointsout the fact that yeah, whether you're a left or right,the government's one massive hypocrite.And for me personally,I'm not quite sure I wanna invite moreof this hypocrisy into my life.I would rather just say, "Thank you, government.Let me make the choices as I see fit."But like I said,that is just something that I had to get out there.But Robinhood, I get it,why people are angry at them,but Robinhood is just doing what the system does.The system manipulates, the system restricts.I mean, the government, they do all this stuff anyway.So Robinhood is just doingwhat their parents are doing, right?So I don't know why you're getting upset at them.Get upset at the root of the problem.The root is the government.So that's all I have.Thanks for watching.If you agree, disagree, whatever,you can leave those comments down below.But also, like I said earlier,if you can think of any moreof these regulationsand I'm maybe not thinking ofand you know, regulations, AKA, manipulation, I don't know.Let me know down below.I'm sure there's more.And yeah, good, old government hypocrisy.First off, thanks so much for watching the entire video.Real quick, before you go,I wanna invite you to a live webinar,web class, training, workshop, online event,whatever you wanna call it,but it will be me, live, revealing to youwhat I've discovered that has allowed me to transform myselffrom being an employee to being my own boss.Including how I had only one losing dayout of 73 days in total.I'm going to cover three keys that have helped meunlock profitable consistency within the markets.The first key is super weird,but in a productive type of way.The second key is super awesome,because it, quite literally,is wired into our DNA as humans,making it very easy to use.But in a cruel way, this becomes a pitfall for many traders.I'll explain it all though,including how to avoid the pitfall that it creates for some.And yeah, the third key when you hear itsounds way too good to be true, but it's not,and I'll show you how it all works.Then at the end, I open it upfor a question and answer session that is,again, totally live.Even if you can't make the live session,please still sign up as it will be recorded,and you can go back and watch the replaythat I will send you.Click the image on the screenor click the link down in the description boxso you can get the date and timeand claim your spot which I should note,is limited due to the fact this truly is a live event.If you have any questions, let me know.If not, I'll be seeing you soon.