Why Wall Street Traders Are On The Decline

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  • เผยแพร่เมื่อ 4 ก.พ. 2025

ความคิดเห็น • 1.8K

  • @nathancosta36
    @nathancosta36 5 ปีที่แล้ว +5729

    Electronic trading, passive investing, and technology are the culprits behind the decline. Saved you guys 14 minutes.

  • @danielkey1463
    @danielkey1463 2 ปีที่แล้ว +604

    Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

    • @raymondbarnes5264
      @raymondbarnes5264 2 ปีที่แล้ว

      I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.

    • @mariahhayes5089
      @mariahhayes5089 2 ปีที่แล้ว

      @@raymondbarnes5264 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a financial consultant by name 'MARGARET ANN WARNKEN" and everything changed. I started enjoying huge returns from my investment.

    • @raymondbarnes5264
      @raymondbarnes5264 2 ปีที่แล้ว

      @@mariahhayes5089 Oh that sounds good but how do i reach out to MARGARET ANN WARNKEN?

    • @mariahhayes5089
      @mariahhayes5089 2 ปีที่แล้ว

      @@raymondbarnes5264 Look up with her name on the webpage.

    • @raymondbarnes5264
      @raymondbarnes5264 2 ปีที่แล้ว

      @@mariahhayes5089 Okay i just found her website, it was very impressive and i dropped a message for her.,. i hope she reply's me.

  • @wilfredpeake9987
    @wilfredpeake9987 5 ปีที่แล้ว +1943

    of course this trend starts happening after i graduated with a degree in finance

    • @bahathintuli1020
      @bahathintuli1020 5 ปีที่แล้ว +120

      lmao

    • @Andrea-tk1yb
      @Andrea-tk1yb 5 ปีที่แล้ว +70

      I understand how you feel

    • @Koded.
      @Koded. 5 ปีที่แล้ว +58

      Big oof.

    • @shaneviola8848
      @shaneviola8848 5 ปีที่แล้ว +120

      im actually getting a degree in finance currently. But i plan on being a financial advisor and planner. Which does not affect that job much at least since its mostly about managing inheritance or upper income people or pensions

    • @mantality312
      @mantality312 5 ปีที่แล้ว +158

      That’s traditionally a terrible degree for people looking to get into finance careers anyways. Math, Sociology, & History (Ph.D) based degrees are actually more sought after for Finance positions. Math & Sociology for obvious reasons, & History for research skills.

  • @teresabale9070
    @teresabale9070 4 หลายเดือนก่อน +43

    What truly distinguishes Michael Hugh Terpin is his unwavering commitment to ethical trading practices. He places a strong emphasis on transparency, compliance, and risk management, ensuring that his clients' interests are always protected. This level of integrity is rare in the crypto space and speaks volumes about Michael's character and professionalism.

    • @josefyuri171
      @josefyuri171 4 หลายเดือนก่อน

      Michael Hugh Terpin's willingness to share his knowledge and mentor others in the crypto community is truly commendable. He is always ready to offer guidance, support, and valuable insights, making him not just a successful trader but also a trusted resource and mentor to many.

    • @josefyuri171
      @josefyuri171 4 หลายเดือนก่อน

      He is actively on telegrams always

    • @josefyuri171
      @josefyuri171 4 หลายเดือนก่อน

      *@michaeltpin*

    • @berryracheal704
      @berryracheal704 4 หลายเดือนก่อน

      Michael Hugh Terpin's contributions to crypto trading are nothing short of exemplary. His expertise, integrity, and dedication make him a true asset to the industry, and I have no hesitation in recommending him to anyone seeking top-notch crypto trading services.

    • @berryracheal704
      @berryracheal704 4 หลายเดือนก่อน

      If you need his wh atsa p

  • @Xx-po1fu
    @Xx-po1fu 5 ปีที่แล้ว +1052

    Why pay a broker $35 per trade, when you can now do it for free over the internet.

    • @maythesciencebewithyou
      @maythesciencebewithyou 5 ปีที่แล้ว +54

      And where would that be? You always use a broker when you trade over the internet. Only some ETFs are free to trade.

    • @MrTmenzo
      @MrTmenzo 5 ปีที่แล้ว +41

      @@maythesciencebewithyou most brokers like Fidelity etc offer commission free trades.

    • @ben10pa
      @ben10pa 5 ปีที่แล้ว +10

      @@MrTmenzo commission free and 0 spread?

    • @marekkolenda4030
      @marekkolenda4030 5 ปีที่แล้ว +9

      They driving Uber or lift now

    • @andriod8014
      @andriod8014 5 ปีที่แล้ว +43

      Dakota M they are actually “free” they have gimmicks. Why is Facebook free? Ads? Facebook made most of their capital from selling user info same as these internet services that I use.
      Nothing is free.

  • @Mayor1248
    @Mayor1248 10 หลายเดือนก่อน +24

    I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.

    • @janejane386
      @janejane386 10 หลายเดือนก่อน

      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?

    • @engrfelix...G
      @engrfelix...G 10 หลายเดือนก่อน

      I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

    • @engrfelix...G
      @engrfelix...G 10 หลายเดือนก่อน

      Kate Floretta
      in stagram

    • @engrfelix...G
      @engrfelix...G 10 หลายเดือนก่อน

      Kate Floretta
      Face book

    • @engrfelix...G
      @engrfelix...G 10 หลายเดือนก่อน

      Google "katefxfloretta" anywhere take classes and learn to trade.

  • @AgentSmith911
    @AgentSmith911 5 ปีที่แล้ว +775

    Having people running around on the floor, yelling, screaming and waving their hands is incredibly inefficient and silly.

    • @ItumelengS
      @ItumelengS 5 ปีที่แล้ว +38

      Of course, Agent Smith would say that

    • @skellymom
      @skellymom 5 ปีที่แล้ว +26

      Lol, the mental picture of this. And, it was rendered in my mind cartoonishly...Simpsons style.

    • @mdavis3262
      @mdavis3262 5 ปีที่แล้ว +1

      Agent Smith exactly

    • @Greylin
      @Greylin 5 ปีที่แล้ว +9

      ebulating Computers weren’t able to handle the process of trading until way after the 60s. It wasn’t possible until 1998.

    • @redsun5826
      @redsun5826 5 ปีที่แล้ว +1

      yes! and antiquated.

  • @leocardenas7306
    @leocardenas7306 5 ปีที่แล้ว +73

    I prefer clicking on buttons than picking up a phone and telling someone what I want to buy or sell. Plus trading on computers is faster and more accurate.

  • @digginz8603
    @digginz8603 5 ปีที่แล้ว +353

    I once told my lawyer in 2010 that I was interested in finance or law. He told me not to waste my time- the world was awash in analysts and lawyers. Plumbers make more now than stock brokers

    • @al_Cal08
      @al_Cal08 5 ปีที่แล้ว +53

      That feeling when your major is finance

    • @Johnywang1
      @Johnywang1 5 ปีที่แล้ว +57

      LOL. are you serious? i was literally with a doctor, this month who used options to make 15k every 2 days. and 45k on a solid week. if you can name me a plumber making close to that, ill quit medicene and become a plumber
      btw we arent even talking about the guys who shot on tesla last month and bagged 1.5mill on 1 option trade. we are only talking safe blu chip options.

    • @digginz8603
      @digginz8603 5 ปีที่แล้ว +73

      @@Johnywang1 Empirical research shows that no one can pick individual stocks with any measure of consistent success

    • @Johnywang1
      @Johnywang1 5 ปีที่แล้ว +49

      @@digginz8603 when u dont read charting, news or want to learn. U think it's all luck . U wont win everytime ofc, but when your good you learn to maximize your profit and minimize your losses . I'm not saying it's easy, but people are doing it

    • @s0nnyburnett
      @s0nnyburnett 5 ปีที่แล้ว +22

      Plumbers will never be hungry for work.

  • @nick281972
    @nick281972 4 ปีที่แล้ว +87

    Now wall street is getting the wall street treatment. No compassion, no empathy, no loyalty just profits. I'm I'm trying so hard to choke back my tears as I'm typing. It will be the hedge funds next.

    • @venis0n
      @venis0n 4 ปีที่แล้ว +5

      Next, like the last few weeks. I think you called it months ago nick

    • @ezraleslie1361
      @ezraleslie1361 3 ปีที่แล้ว

      Even venerable fraternities of wealth are being out competed! Where will this all end?

    • @adriennerobinson1180
      @adriennerobinson1180 2 ปีที่แล้ว

      Oh wow

    • @shaunsensei6948
      @shaunsensei6948 ปีที่แล้ว

      Lmao y'all are stupid

  • @alexyoung3126
    @alexyoung3126 ปีที่แล้ว +374

    The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @kimyoung8414
      @kimyoung8414 ปีที่แล้ว +3

      Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +1

      I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

    • @stephaniestella213
      @stephaniestella213 ปีที่แล้ว +1

      hello there, how do i find the lsdy you just mentioned?

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +3

      I happen to know Helene Claire Johnson. She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.

    • @stephaniestella213
      @stephaniestella213 ปีที่แล้ว +2

      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 resume.

  • @PiperMoxy
    @PiperMoxy 5 ปีที่แล้ว +1496

    They are all driving for Uber now.

    • @alansmith888
      @alansmith888 5 ปีที่แล้ว +127

      In a tesla model 3

    • @JesseLD3
      @JesseLD3 5 ปีที่แล้ว +114

      Show them some respect. They drive for Uber X

    • @asielmilian38
      @asielmilian38 5 ปีที่แล้ว +10

      Uber is better.

    • @johnnydeep1599
      @johnnydeep1599 5 ปีที่แล้ว +29

      Good..they fked millions including me

    • @SCHMALLZZZ
      @SCHMALLZZZ 5 ปีที่แล้ว +9

      @@alansmith888 Lol then they ain't making their money back

  • @Pambegay
    @Pambegay 4 ปีที่แล้ว +43

    I have challenged myself to put away 50% of my monthly income into dividend stocks which is quite easy since I live frugal at 32 without debt. I work as an account executive, and make over $2000. $1000 goes into dividends, and the other $1000 covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term. Good luck to everyone and thanks for the great video.

    • @abskoodhiambo2111
      @abskoodhiambo2111 4 ปีที่แล้ว

      I have seen a lot of investing channels but still can’t wrap my head around it. I need an impartial investment advisor. I know they are there I don’t just know a legit sourced. How can I reach the broker you were assigned?

    • @Pambegay
      @Pambegay 4 ปีที่แล้ว

      Sharing his details here on the comment
      section might be a bit cringe but since you really want it, reach him *Alecpayden (a) g ma il. Com...* Came across him at an investment webinar. You can get all the information you need, just leave him a message.

    • @Baptisizm
      @Baptisizm 4 ปีที่แล้ว

      I have come across countless recommendations, never knew he offered such services.

    • @CherrytopShantel
      @CherrytopShantel 4 ปีที่แล้ว

      I don’t make that much, but I sure do make enough. However, it will not be a bad idea to hear from a professional. I hope he replies my mail.

    • @Pambegay
      @Pambegay 4 ปีที่แล้ว

      I have made over $25,000 from profits during the pandemic, more so because I was reinvesting every two weeks. His strategies cuts across major financial markets which cuts across major financial markets which I found generates more profit.

  • @ygui7558
    @ygui7558 5 ปีที่แล้ว +539

    *Me watching The wolf on wallstreet and other broker movies :*
    Those were the cavemen days

    • @lilbean4606
      @lilbean4606 4 ปีที่แล้ว +5

      DS you are crazy straight up tiktok thots are fine as hell

    • @MJ-uk6lu
      @MJ-uk6lu 3 ปีที่แล้ว

      You could likely still pull off a scam like that, if you hacked bank servers and then modified apparent stock prices, without changing their real prices.

    • @Zjonishealing
      @Zjonishealing 2 ปีที่แล้ว +1

      @@MJ-uk6lu probably get cracked down real quick though

    • @MJ-uk6lu
      @MJ-uk6lu 2 ปีที่แล้ว +2

      @@Zjonishealing Even one minute could be quite disastrous, so maybe, but if you are skilled, you could steal some dosh.

    • @Zjonishealing
      @Zjonishealing 2 ปีที่แล้ว

      @@MJ-uk6lu very true

  • @anona1443
    @anona1443 5 ปีที่แล้ว +295

    Look at the good thing that has happened, now even a common man can buy and sell without involving any human brokers

    • @electrichanoi7244
      @electrichanoi7244 5 ปีที่แล้ว +43

      i traded for the first time a month ago and im only 19, this would have been impossable 20-30 years ago,

    • @anona1443
      @anona1443 5 ปีที่แล้ว +19

      @@electrichanoi7244 MSNBC is crocodile tears for Wall Street traders... 🤣

    • @2121-x4x
      @2121-x4x 5 ปีที่แล้ว +2

      @@electrichanoi7244 bro can you give some tips

    • @nat0106951
      @nat0106951 5 ปีที่แล้ว +3

      @@electrichanoi7244 I traded my first when I was 24... 7 years ago...but lost ... planning to get back again

    • @Habits794
      @Habits794 5 ปีที่แล้ว +7

      @@2121-x4x Trade with capital(minimal) that you are okay with losing. Because you will lose it all in the initial months. Then read these books.
      Technical Analysis modules offered by exchanges (the are many available for free)
      Markets wizards by Jack D Schwager
      One up on wall street by Peter Lynch.
      Evolution of a trader by Thomas bulkowski
      The Disciplined Trader: Developing Winning Attitudes, by Mark Douglas
      And some other books by the same authors. Use their tips, develop you own system.
      Trade everyday, always learn from your mistakes and never give up.

  • @bobbymainz1160
    @bobbymainz1160 ปีที่แล้ว +543

    Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.

    • @chris-pj7rk
      @chris-pj7rk ปีที่แล้ว +1

      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.

    • @johnlennon232
      @johnlennon232 ปีที่แล้ว +1

      I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

    • @johnlennon232
      @johnlennon232 ปีที่แล้ว +1

      credits to HEATHER ANN CHRISTENSEN, one of the best portfolio manager;s out there. she;s well known, you should look her up

  • @alexsmith8956
    @alexsmith8956 5 ปีที่แล้ว +379

    Retail investors get to keep more of their own money. Financial services has always been about skimming off the top

    • @wakingupfrom
      @wakingupfrom 5 ปีที่แล้ว +25

      yeah and then they sell your information and the machines electronically trade against you.

    • @MrAnonymousRandom
      @MrAnonymousRandom 5 ปีที่แล้ว +10

      Retail investors are also part of the problem. There are far too many idiots out there who do not properly analyze the information about an investment before buying.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว +6

      Alex Smith Every company and business is about skimming off the top. It’s called taking a profit.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว +8

      CarEnthusiast You could analyze an investment until you are blue in the face, and the moment you place an entry trade you could be wrong. Wrong no matter how much time, research, and analysis you put in. Professional analysts are notorious for being wrong on the outcomes of stock, debt, and commodities.

    • @alexsmith8956
      @alexsmith8956 5 ปีที่แล้ว

      @@KA-rp5uh I mean most companies make money by creating value, rather than Adam Smith's least favorite "rent-seeking" profits.

  • @alansimons141
    @alansimons141 5 ปีที่แล้ว +388

    Am I supposed to be sad that a middle-man is disappearing?

    • @alansimons141
      @alansimons141 5 ปีที่แล้ว +21

      @Teringventje The tone of this video incredibly somber

    • @drmodestoesq
      @drmodestoesq 5 ปีที่แล้ว +12

      @@alansimons141 It would make a great blues song.
      I Gots the Flat Broke Broker Blues.

    • @prashanthb6521
      @prashanthb6521 5 ปีที่แล้ว +27

      You should be happy that trading is getting democratised. Power & money is getting distributed.

    • @beback_
      @beback_ 5 ปีที่แล้ว

      @@drmodestoesq That's genius. Can I please steal your song title?

    • @drmodestoesq
      @drmodestoesq 5 ปีที่แล้ว

      @@beback_ I'd be honoured if you could fill out the lyrics and set it to little black dots.

  • @mrpinkpony
    @mrpinkpony 5 ปีที่แล้ว +109

    People made a living ripping other people off. Electronic trading and markets were a great and necessary disruption

    • @acemoore7204
      @acemoore7204 4 ปีที่แล้ว +2

      The stock market is still ripping people off. LOL

    • @acemoore7204
      @acemoore7204 3 ปีที่แล้ว

      @Cel2Savage You are ignorant, if you invest money and lose, you are being ripped off!

    • @acemoore7204
      @acemoore7204 3 ปีที่แล้ว +1

      @Cel2Savage The stock market is all about pump and dump. LOL

    • @acemoore7204
      @acemoore7204 3 ปีที่แล้ว

      No, you are ignorant, you just haven't been ripped off, Yet!

    • @acemoore7204
      @acemoore7204 3 ปีที่แล้ว

      @Luís Andrade The stock market is full of crooks, and its all about pump and dump. Even the brokers are crooks. LOL
      I am success at business, but the stock market is like gambling, no work involved, that is why so many people like it. America has become the land of lazy, fat people and it is on the way out, thanks to a worthless government feeding laziness.

  • @baddog5936
    @baddog5936 5 ปีที่แล้ว +49

    I remember when a hot girl used to hand you your money in a bank too. Now your lucky to find a cashpoint machine in your town.

  • @itseveryday8600
    @itseveryday8600 5 ปีที่แล้ว +67

    part of the reason is because all investment banks operated pretending to be an investment advisor, when in reality they just churned the clients account, and made money only for the bank, fleecing the clients. It's was a con.

    • @cykablyat1466
      @cykablyat1466 5 ปีที่แล้ว +7

      It was absolutely a con. I'm grateful for what we have today in the investing community. People were getting conned on their returns by "investment advisors" by putting their money into their own investment products for commissions. Vanguard, Fidelity, Schwab effectively put the client's money back into their hands again.

  • @qizihao5110
    @qizihao5110 4 ปีที่แล้ว +41

    I think the pandemic has taught people a big lesson, having one stream of income is not really a good idea cause your job doesn't secure your financial needs. The pandemic has really set out business minded people from the rest that is why I'm so lucky to be among the investors trained and are trading with Ryan Woodward

    • @katelynkim8578
      @katelynkim8578 4 ปีที่แล้ว +2

      95% of forex Trader's fail- why? Because they give up, it takes time and lots of Trading experience to become a profitable trader, An alternative or my advice is seek guidance from some pro trader's to avoid lose of funds and account blown.

    • @fredianomatteo9598
      @fredianomatteo9598 4 ปีที่แล้ว +1

      Ryan Woodward success is based on his strong signals
      . i also trade with him

    • @jamesgreenwood2382
      @jamesgreenwood2382 4 ปีที่แล้ว +1

      Currently in this phase of life, forex trading is really making legitimate way for Investment with the aid of an expert broker

    • @weiminqiang9941
      @weiminqiang9941 4 ปีที่แล้ว +1

      Coming across him has been productive, I invested $3,000 and crashed out $24,000 in just 2 weeks.

    • @loweimengyao9259
      @loweimengyao9259 4 ปีที่แล้ว

      i now trade alone after 3 months mentorship from Ryan Woodward

  • @georgeshoemaker6872
    @georgeshoemaker6872 5 ปีที่แล้ว +96

    obviously a job that has to do with trends in numerical data and making fast decisions was going to be replaced by software

  • @RossCampoli
    @RossCampoli 5 ปีที่แล้ว +26

    High frequency trading and the proliferation of online brokerages (now offering zero commission) has completely reinvented the landscape for both institutional and retail investors.

  • @keiarash5058
    @keiarash5058 4 ปีที่แล้ว +15

    The modern day trader is a Quantitative Analyst/Developer. In other words, the guy who develops the trading algorithms for the Hedge Funds and Banks. The pay is great and there aren't many of them around.

  • @inquisitvem6723
    @inquisitvem6723 5 ปีที่แล้ว +74

    people do it in the confines of their own homes now. day traders from home is the way to go now.

    • @aRYANz88
      @aRYANz88 5 ปีที่แล้ว +3

      Not to mention algorithm based trading bots. Which is really why the markets high.

    • @wittyusername9544
      @wittyusername9544 5 ปีที่แล้ว +3

      No need to just say “day traders”. Even long holding investors can do it at home.

    • @thedebatemechannel4746
      @thedebatemechannel4746 5 ปีที่แล้ว +1

      You are talking retail. We handle multiple billions a day just in the division I work in. Nobody is trading billions in their basement.

    • @andrecog
      @andrecog 5 ปีที่แล้ว +1

      Debate Me! We?

    • @thedebatemechannel4746
      @thedebatemechannel4746 5 ปีที่แล้ว

      @@andrecog yes we

  • @allenshaquille8745
    @allenshaquille8745 4 ปีที่แล้ว +38

    The stock investing strategy by Jim oddain is a brilliant, well researched and motivating debunking of “you have to loss to learn” I have noticed for years that there is a different way of trading to be profitable, and the fascinating research and engaging investment plan by Jim's trading view have created not only a solid validation of that principle but also a practical wisdom and techniques for being a profitable trader. This is a super manifesto for becoming wealthy within few months.

    • @keatonmorgan295
      @keatonmorgan295 4 ปีที่แล้ว

      Any chance for me to amend my trading with your help? What are my chances and how does it add positive value?

    • @allenshaquille8745
      @allenshaquille8745 4 ปีที่แล้ว +6

      @@keatonmorgan295 I’ll share my experience on investing in stock portfolios or generally on market investing. True, it only takes a well diversified market maker to point out favorable conditions. Not everyone knows this. Jim's financial solutions has piles and piles of infinite cash invested in multiple lucrative assets . He’s not risking he’s capital in “stocks” because his main investment are channeled perfectly on other profiting spreads enabling cash flow on his portfolio. This is how my portfolio is been built for 8 months now.

    • @tonydhaliwal989
      @tonydhaliwal989 4 ปีที่แล้ว

      Allen considering your trading tactics it seems more favorable. I hope it helps

    • @lukehaswell3075
      @lukehaswell3075 4 ปีที่แล้ว +1

      I won’t have it any other way trading safely should be my first objective.

    • @keatonmorgan295
      @keatonmorgan295 4 ปีที่แล้ว

      @@allenshaquille8745 Any possible means to getting more on his trading activities?

  • @rentslave
    @rentslave 5 ปีที่แล้ว +23

    Now let's get rid of car sales personnel and real estate agents.

    • @tmass1
      @tmass1 5 ปีที่แล้ว

      why real estate agents? It doesn't hurt to have a professional help in the biggest single transaction of your life lol

    • @amywilkins
      @amywilkins 9 หลายเดือนก่อน

      @@tmass1real estate agents can be replaced by computers doing your paperwork. What can’t be replaced is the inspection people. That’s the most important part. The real estate agent doesn’t do much of importance like an inspector can do.

  • @sarahakhtar3726
    @sarahakhtar3726 5 ปีที่แล้ว +31

    In-short: apps are making trading easier and cheaper than ever, eliminating the need for stock brokers to scam you by charging a fee to buy shares. Saved you 14 minutes of your time.

    • @EverlastGX
      @EverlastGX 5 ปีที่แล้ว

      Thanks

    • @ayyubayyyub9415
      @ayyubayyyub9415 5 ปีที่แล้ว +1

      But Robin Hood is scam man

    • @mellowbirddreamer77
      @mellowbirddreamer77 5 ปีที่แล้ว

      @@ayyubayyyub9415 explain why it is, please. I was interested in it

    • @fredmicae4537
      @fredmicae4537 5 ปีที่แล้ว

      So which the best app to go for?

    • @ayyubayyyub9415
      @ayyubayyyub9415 5 ปีที่แล้ว +1

      @@mellowbirddreamer77 I am interested in Robin Hood too, the reason I said is scam is that I am hoping someone will see my comment and will correct me about it just to gain information before I make steps.

  • @Striker50_
    @Striker50_ 5 ปีที่แล้ว +348

    ⚠️ without watching this: Computers. 👨‍💻

    • @Moose_VII
      @Moose_VII 5 ปีที่แล้ว +9

      Passive portfolios

    • @udishomer5852
      @udishomer5852 5 ปีที่แล้ว +1

      And internet

    • @elaine1034
      @elaine1034 5 ปีที่แล้ว +3

      +@@udishomer5852 And Israeli technology computer hacking.

    • @FlightX101
      @FlightX101 5 ปีที่แล้ว +5

      As a wall street employee: Yes lol theres still a need for traders but the glory days of old school negotiation and selling on the exchange are gone. Money is still good but nothing compared to the 80s and 90s if you had a good pool of clients. Back they paid a heavy premium for your services since you had the most accurate information on the market. Now virtually anyone can do research

  • @RetaliationOG
    @RetaliationOG 5 ปีที่แล้ว +58

    r/wallstreetbets will always give better returns than IB and hedge funds now LOL

    • @MrMineHeads.
      @MrMineHeads. 5 ปีที่แล้ว +3

      Lmao you see that dude that made 4 mill on tsla calls?
      Btw wsb is very reckless. Just invest passively thru ETFs.

    • @jimkillerx
      @jimkillerx 5 ปีที่แล้ว

      +Hassan Tahan ETFs?

    • @CheapSushi
      @CheapSushi 5 ปีที่แล้ว +1

      Vanguard or bust.

    • @RetaliationOG
      @RetaliationOG 5 ปีที่แล้ว +2

      @robert power I look through it once in a while, but it's mostly for amusement. Some hidden gems in that sub, but mostly bs being spouted. That's awesome that you've made those gains dude! Yeah, it sucks to know you could have made more in theory, but the fact that you play it safe and take profits, will more than likely benefit you in the long run. Consistent 5-50% trades will net you a far better future than one stupid 800% trade, followed by a portfolio explosion. Best of luck dude, sounds like you're playing this bull market well!

    • @RetaliationOG
      @RetaliationOG 5 ปีที่แล้ว

      @@MrMineHeads. Yuh, that guy is a crackhead haha, but more (buying) power to him! You're right, wsb is extremely reckless, etfs are a solid choice as long as a trader takes into account their risk :)

  • @wallstreets7357
    @wallstreets7357 3 ปีที่แล้ว +1

    people on Reddit buying AMC and Tesla beat out all the passive in all the active funds on Wall Street

  • @samuelobodoekwe5312
    @samuelobodoekwe5312 5 ปีที่แล้ว +37

    Whether one trades stocks or any other asset class, the first step in achieving success is to create and follow a trading plan. "failing to plan is planning to fail" is an adage that holds true for any type of trading.

    • @evelopez7803
      @evelopez7803 5 ปีที่แล้ว

      That's so true. The successful trader works within a documented plan that includes risk management rules and specifies the expected return on investment (ROI). that's why I do my trading on Mr Sanjay Otter , because all of these are ensured.

    • @evelopez7803
      @evelopez7803 5 ปีที่แล้ว

      +1 872201 8317. That’s his working line. Contact him and thank me later.

    • @aaravbanerjee6241
      @aaravbanerjee6241 5 ปีที่แล้ว

      Adhering to a strategic trading plan can help investors evade some of the most common trading pitfalls; if you don't have a plan, you're selling yourself short in what you can accomplish in the market, that's why I choose Mr Sanjay Otter as a my mentor and also do my trades on his platform.

    • @TheBloker9
      @TheBloker9 5 ปีที่แล้ว +1

      Eve Lopez 😂😂😧

  • @SuperSeltzer
    @SuperSeltzer 5 ปีที่แล้ว +42

    Bankers have fallen on the hard time with $ 350k annual income.

    • @milan51259
      @milan51259 4 ปีที่แล้ว +1

      Sure they need a donation from me. I can give em 5 dollars a month. Not.

    • @acemoore7204
      @acemoore7204 4 ปีที่แล้ว +2

      So sad! LOL
      We need to tax them at 70%!

    • @andrepoghosyan8269
      @andrepoghosyan8269 3 ปีที่แล้ว +1

      @@acemoore7204 you want to tax people making $350k at 70%? Good luck

  • @eitkoml
    @eitkoml 5 ปีที่แล้ว +27

    This video should have been titled "Technology leads to improvements in finance and investing."

  • @SlippinJimmy4Life
    @SlippinJimmy4Life 5 ปีที่แล้ว

    CNBC was on TV showing everyone how to panic buy ripple at $3, then later on they were showing everyone how to panic sell ripple at $1. There is a meme online about it just google image it. If you want to get rich, invest in real estate, but if you love retail trading, it’s definitely still possible. There are ways to trade without getting beat up by the algos, and there are simple algos that you as a retail trader have access to. A retail trader’s smaller share size and smaller overhead are two advantages you still have.

  • @thzzzt
    @thzzzt 5 ปีที่แล้ว +6

    The amazing thing is that these changes didn't happen sooner. Heck, you could trade electronically since at least 1987. Of course there were still commissions to pay, but they declined significantly since.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว

      thzzzt Ya, the transformation really started taking place in early to mid 2000s

  • @TheUrbanEpicure
    @TheUrbanEpicure 5 ปีที่แล้ว +65

    1:11 That was pretty much the worst pronunciation of SocGen I ever heard. You had ONE job...

    • @RealJackHQ
      @RealJackHQ 5 ปีที่แล้ว +3

      TheUrbanEpicure ONE JOB!!!!! 😂 Sorry, I get giddy over that.

  • @spidersinmykeyboard6367
    @spidersinmykeyboard6367 5 ปีที่แล้ว +15

    This is the future of all sectors of the economy.

    • @luddity
      @luddity 5 ปีที่แล้ว +1

      Nurses, nannies and caregivers will still be needed.

    • @elpizarron2789
      @elpizarron2789 5 ปีที่แล้ว +1

      That’s why Andrew Yang makes sense

    • @Tonixxy
      @Tonixxy 4 ปีที่แล้ว +1

      @ocelot. Except if we outlaw it.....

  • @masslubricat9850
    @masslubricat9850 3 ปีที่แล้ว

    Electronic trading is a natural development in decades about rapid fast internet connections, modern trading platforms, transparently share of information about investing and more people is richer than before. Trading stocks on a phone and manually submitting trades belongs to the past. Trading still have almost infinite possibilities, so there are very much money to be made.

  • @WV-mx3dr
    @WV-mx3dr 5 ปีที่แล้ว +121

    Computers took over. There I saved you 15 minutes

    • @Nicholas-f5
      @Nicholas-f5 5 ปีที่แล้ว +2

      7.5

    • @tracphonevirtualmagazine
      @tracphonevirtualmagazine 5 ปีที่แล้ว

      Saved 15 minutes for what?

    • @WV-mx3dr
      @WV-mx3dr 5 ปีที่แล้ว

      @@tracphonevirtualmagazine Gieco?

    • @jeanp.5929
      @jeanp.5929 4 ปีที่แล้ว

      That's why I watch the video before I go into the comments. I came here for the video first then the comments after.

  • @MarkDavis-wm9yx
    @MarkDavis-wm9yx 9 หลายเดือนก่อน +1

    Creating wealth Through the right information.

    • @MarkDavis-wm9yx
      @MarkDavis-wm9yx 9 หลายเดือนก่อน +1

      I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits with Mr Sam Deymon guide

    • @MarkDavis-wm9yx
      @MarkDavis-wm9yx 9 หลายเดือนก่อน +1

      He's TE LEG RAM....

    • @MarkDavis-wm9yx
      @MarkDavis-wm9yx 9 หลายเดือนก่อน +1

      @samdeymon53 ..that's it = 4 advise.

    • @Bridget-gs4rc
      @Bridget-gs4rc 9 หลายเดือนก่อน

      Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future..,

  • @XXX-eu8lb
    @XXX-eu8lb 5 ปีที่แล้ว +75

    damn this is SO sad (as I log into my M1 and Charles Schwab accounts)

    • @Hedgingmastermind
      @Hedgingmastermind 5 ปีที่แล้ว

      lmao

    • @MrPrush-ji4gs
      @MrPrush-ji4gs 4 ปีที่แล้ว

      XXX retail traders definitely don’t have to do with the decline

  • @kermitefrog64
    @kermitefrog64 2 ปีที่แล้ว

    We lost a hospital In Lindsay CA. and now everyone has to go another 20 miles to get to Visalia. Madera Hospital above Fresno just filed for bankruptcy and now people will have to go to Fresno.

  • @siegelmc9061
    @siegelmc9061 4 ปีที่แล้ว +30

    95% of traders fail why? Because they give up quick, it takes time and lot's of experience to become a profitable trader, i will advice any new bie or those having difficulty to always seek guidance from pro trader's and more to avoid lose of funds.

    • @ariadnacebrian4171
      @ariadnacebrian4171 4 ปีที่แล้ว

      can you give me more info because i keep losing when i invest but i'm still trading to improve my techniques i just need a better source to invest and earn while still trading on my own.

    • @siegelmc9061
      @siegelmc9061 4 ปีที่แล้ว

      in all my years of tradings and research the most valuable insight i made was getting in touch with a pro trader Mr George and ever since i started investing with him have been making cool profits like never before.

    • @siegelmc9061
      @siegelmc9061 4 ปีที่แล้ว

      A trial will prove, i connected him via mail at ,,,,,>

    • @ivorychapel5735
      @ivorychapel5735 4 ปีที่แล้ว

      heard many good recommendations about his profitable strategies by some other brokers I think Mr George is a genius for people to talk good about him, i will give a trial and see how it goes then.

    • @babyboo9252
      @babyboo9252 4 ปีที่แล้ว +8

      ivory chapel damn scammers are replying to each other now

  • @s0nnyburnett
    @s0nnyburnett 5 ปีที่แล้ว +1

    Never understood why they were needed anymore or even what the hell they did but at least the video helped me learn a little more about the financial system.

  • @msc2608
    @msc2608 4 ปีที่แล้ว +3

    when i was a kid i always thought those guys in finance-related films are so cool, so i end up studying electronic engineering

  • @samoyedkiyo
    @samoyedkiyo ปีที่แล้ว

    I just learned about trading. still a beginner who is learning in the nfc community

  • @qwer123211
    @qwer123211 5 ปีที่แล้ว +4

    This is great news for ACTIVE or traders whenever the financial media ESPECIALLY that of CNBC says something is declining...."take it to the bank" and thank you CNBC once again!

  • @judyl.7811
    @judyl.7811 ปีที่แล้ว +1

    0:30 making markets in stocks and connecting buyers and sellers using the telephone.
    1:15 trading desk layoff.
    global equity trading. because of the passive algorithm trading.
    3:00 a settlement between Nasdaq to collude to fix the price.
    4:20 electronic communication networks, personal computers, increased trading pit.
    8:45 the market makers.
    12:00 banks move into other higher margin areas within their business models. driven by tax and technology advances.
    13:25 trading future: have a quantitative background.

  • @alb12345672
    @alb12345672 5 ปีที่แล้ว +22

    I Used to work on wall st in the late 90s and helped developed a trading system (very technical, spare you the bloody details). We knew then this would happen. There is no money in trading anymore. Those high paying trader jobs can for the most part be easily replaced by a computer, in the same way Sears is silently dying and no one bats an eyelash. It also leaves more money for the top fat cats :)

    • @filanfyretracker
      @filanfyretracker 5 ปีที่แล้ว +9

      Honestly I think the sole reason the NYSE stays open is to be a backdrop for financial news shows. And to be a tourist attraction. I could see by 2030 the trading floor is just a museum because its pretty much obsolete.

    • @alb12345672
      @alb12345672 5 ปีที่แล้ว +2

      @@filanfyretracker Yes, it is more symbolic. Just like they use the word "ticker" but ticker tape is gone with the dinosaurs. Online there is totally free trading, and you can get free access to tools that would cost millions even 20 years ago. It don't pay to have a single guy make trades either, there are curve followers and systems that read headlines automatically and make decisions in microseconds. There is still money to be made with M&A deals, IPOs, etc.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว

      alb12345672 Eddie lambert batted an eyelash.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว

      If you are referencing the nyse floor I agree. As a company I disagree because they make lots of money in the trading business.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว

      alb12345672 I think M&A could be one of the last bastions that won’t be taken over by the algos. Because to make and work deals it requires reasoning, decision making, and agreement. Processes algos can’t process but the human brain can.

  • @cyworld2707
    @cyworld2707 5 ปีที่แล้ว

    Warren Buffet made his money before the computerized trading, discount broker days. Now the average person who has working knowledge of current technology can run circles around those wall street type and the Buffets of today. Many traditional wall street types are right out of college with a financial or mba degree and has very little idea of the technology and product workings of the companies that they trade. Meanwhile your average guy who has owned an iphone and a Huawei or a Tesla and a Toyota Mirai can sense the long term technological differences that provide the same basic benefits to the end user. This average person will trade passively (i.e. going long) on fundamentals versus a wall street type that trades actively on technicals and charts. This mismatch has led to a decline in wall street trading houses profits over time.

  • @смиренный-х2б
    @смиренный-х2б 5 ปีที่แล้ว +9

    A reason why there's a decrease of trading on wall street is because WE the people have stopped giving our retirement savings to these major investment corporations to invest our money and they magically lose it and you are out of luck. Trading stocks on your own is the way of the future. We don't need these large investment corporations lying to us.

  • @jesusgmc
    @jesusgmc 2 ปีที่แล้ว

    a master leyend alive!!

  • @curtiscarpenter9881
    @curtiscarpenter9881 4 ปีที่แล้ว +3

    There is less long term employed but the best perform the greatest over the long term, some on wall street retire at 32. You can even do it on your phone on trading 212. On a app.

  • @ebenezer659
    @ebenezer659 5 ปีที่แล้ว +1

    This is fantastic for the average investor! Now we the public get to keep more profits without the investment industry loading their coffers. Thank you Saint Bogle!

  • @CIAagent12
    @CIAagent12 5 ปีที่แล้ว +28

    Thanks. My finance degree is now worthless.

    • @slnhn
      @slnhn 4 ปีที่แล้ว +15

      Your finance degree should not be about trading.

  • @kuldeuec
    @kuldeuec 4 ปีที่แล้ว

    Analysts from traditional banks are no more taken seriously, they keep downgrading or upgrading stocks but the stock performance refelect nothing like that. It’s completely out of human emotions, look at TSLA only 8 out of 36 big analysts have buy rating, majority are bearish on it, but look at the performance of TSLA stock.

  • @jimmyjohn8008
    @jimmyjohn8008 5 ปีที่แล้ว +3

    Today it's wall street brokers, factory workers and retail workers tomorrow it's truck drivers and taxi drivers. Seems like the only jobs that pay well are ones where you eliminate jobs.

    • @byHeaLiiAU
      @byHeaLiiAU 5 ปีที่แล้ว +4

      The reason why they are eliminated is because they pay well and businesses look for cheaper ways to operate.

    • @adriennerobinson1180
      @adriennerobinson1180 2 ปีที่แล้ว

      Ugh

  • @airjones45
    @airjones45 4 ปีที่แล้ว

    It sucks for them but honestly robinhood let me a low income worker invest in the stock market so I’m glad.

  • @nathanjane7729
    @nathanjane7729 ปีที่แล้ว +8

    Year-over-year inflation stood at 6.5% in December 2022-the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

    • @stevenjuan259
      @stevenjuan259 ปีที่แล้ว

      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

    • @josephlee4001
      @josephlee4001 ปีที่แล้ว

      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?

    • @stevenjuan259
      @stevenjuan259 ปีที่แล้ว

      There are many financial coaches who excel in their profession, but for the time being, I employ "Jackson Sten Marsh," because I adore his methods. You can make research and find out more.

    • @josephlee4001
      @josephlee4001 ปีที่แล้ว

      Thank you for this amazing tip. I just looked the name up, wrote him and scheduled a call.

  • @ThePlaceForThings
    @ThePlaceForThings 5 ปีที่แล้ว +1

    I love this video for a million different reasons. felt like a documentary. really appreciate that it wasn’t talking heads saying things for shock factor. Feel like TH-cam content is the future of network television in the same way that algorithmic trading is the future of trading

  • @billyandriam
    @billyandriam 5 ปีที่แล้ว +3

    No matter what you may say but the CNBC's quality of content is on point.

  • @shakirworthy4662
    @shakirworthy4662 ปีที่แล้ว

    I have A Silver and Gold 500 Dominican Peso for collateral. I attempted to leave it with JP Morgan . Good afternoon. Thank you.

  • @Johansen1000
    @Johansen1000 3 ปีที่แล้ว +7

    Because you don't physically have to be at Wall Street to trade on Wall Street, it's not the 1980's anymore with landline phones and fax machines, any Child with a parents credit card or 16 year old with a debit card can use a smartphone can trade stocks now.

  • @devenkumar
    @devenkumar 5 ปีที่แล้ว

    This video is not about market drop but it's all about no.of traders up's and drop's

  • @jacklarson6281
    @jacklarson6281 5 ปีที่แล้ว +8

    it means the individual needs to learn to trade on their own.

  • @stevenlovell3300
    @stevenlovell3300 5 ปีที่แล้ว +1

    Ultimately the losers which comprise 90% of all investors support the winners which comprise 10% and the losers have figured it all out and they’re not gonna support the winners anymore

  • @EqualsThreeable
    @EqualsThreeable 5 ปีที่แล้ว +6

    Who knew you’d post a video before a big crash.

  • @woody3804
    @woody3804 3 ปีที่แล้ว +2

    just buy and hold, because stonks only go up. thanks fed

  • @paoloangelino24
    @paoloangelino24 4 ปีที่แล้ว +3

    I love how the internet and technology is killing all these redundant careers!

  • @vdmur7952
    @vdmur7952 4 ปีที่แล้ว +1

    Because Internet. That's the answer in two words.

  • @Infinite_Water44
    @Infinite_Water44 4 ปีที่แล้ว +3

    The world is changing you better change with it. ( Adapt ) the transition is happening now. Learn how the market works. I'm not the best. But I'm learning not for me but for my children. Don't get stuck. This is for EVERYONE!!

    • @kedarbarve5884
      @kedarbarve5884 3 ปีที่แล้ว +2

      Be Positive & Life Comes Around ! How's the Situation in USA ? Things are going from Bad to Worse in Mumbai , India . That Double Mutation Strain discovered last Year has wrecked havoc since March 2021 ! The Maharashtra State Govt is thinking of Complete Lockdown .Other States like Uttar Pradesh & Delhi have Sunday lockdown & weekend lockdown respectively since this yesterday.
      That Double Mutation Strain spreads via Air (not only droplets) & evades /escapes the immune system .Even people who got 2 shots of Vaccine became sick .

    • @Infinite_Water44
      @Infinite_Water44 3 ปีที่แล้ว

      @@kedarbarve5884 THE U.S is not in it's norm some states are trying to open.. some lifted the mask order people have gotten sick and died from the vaccines no one seems to have a clue on what's really going on same police violence (killings) everyone turning face not convicting the officer's as usual for their crimes. Bottom line the U.S is in a frenzy people are hurting government lost control with lies and corruption. The possibility of war China and Taiwan. Tired of hearing about wars. Just praying for peace friend.

    • @adriennerobinson1180
      @adriennerobinson1180 2 ปีที่แล้ว

      Truth Indeed, And some people don't understand it. It is not cute or funny.

  • @6th_Army
    @6th_Army 5 ปีที่แล้ว +29

    Could be that no one cares about them as they're obsolete.

  • @tylascraig9306
    @tylascraig9306 5 ปีที่แล้ว +15

    Best vid in a min. Still looking to become a quant though.

  • @Truthseeker1515
    @Truthseeker1515 5 ปีที่แล้ว +6

    You also need to separate broking and trading. In derivatives, trading involves structuring, you need to define a strategy for a client. These are specialist roles requiring strong mathematical ability. Brokerage, on the other hand, requires no specific skill-set, picking up the phone adds no value. It's a dying breed. Hence the growth of electronic trading directly from exchanges....

  • @lupusdei0819
    @lupusdei0819 5 ปีที่แล้ว +89

    They gonna be replaced anyways with algorithms

    • @aperture0
      @aperture0 4 ปีที่แล้ว +2

      You're wrong. Trading is not going to die anytime soon.

    • @jinxy7869
      @jinxy7869 4 ปีที่แล้ว +1

      algorithms are just lines of codes that can memorize a patterns and repeat, They can repeat not predict.

  • @RealXFool
    @RealXFool 4 ปีที่แล้ว

    Precipitously... What a wonderful word.

  • @User5777_
    @User5777_ 5 ปีที่แล้ว +54

    So how am I suppose to become one of those rich snobby Wall Street traders then?

    • @TK-gd9td
      @TK-gd9td 5 ปีที่แล้ว +21

      User5777 you go into big pharma and become a rep and find a corrupt doc who over prescribes at the smell of any incentives. I know some reps making 2-3x more in salary/commissions than the doctors actually prescribing the drugs& devices.

    • @newaveride3396
      @newaveride3396 5 ปีที่แล้ว +1

      T K this will not last much longer either.

    • @kav2000
      @kav2000 5 ปีที่แล้ว +3

      @@TK-gd9td I reported you to the authorities to investigate on this.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว +4

      User5777 Get a computer science, math, or engineering degree from top tier university and learn to make algos.

    • @KA-rp5uh
      @KA-rp5uh 5 ปีที่แล้ว +3

      User5777 There are better growing industries than finance. The finance industry is going down the crapper and the glory days of the trader is dead.

  • @laftiskuno1357
    @laftiskuno1357 4 ปีที่แล้ว +1

    Laser focus on these 3: PLUG, FCEL, GEVO

  • @davidbetancourt428
    @davidbetancourt428 5 ปีที่แล้ว +55

    Robots takin my jerb #Yang2020

    • @mdavis3262
      @mdavis3262 5 ปีที่แล้ว

      DAVID BETANCOURT 😂😂😂

    • @Spartan11117777
      @Spartan11117777 5 ปีที่แล้ว +1

      “Day Took R Jerbs!” - Stan Marsh

  • @mrrobertwolfiii1079
    @mrrobertwolfiii1079 3 ปีที่แล้ว

    I will Just Remember that not all People Do the Stock Market let alone the Bear Market and the Bull Market from New York Stock Exchange I did not have a Stock Portfolio But I sure Do Now.

  • @scottyee707
    @scottyee707 5 ปีที่แล้ว +100

    computers do the trading now.

    • @emmmoo8631
      @emmmoo8631 5 ปีที่แล้ว +3

      yeah and who controls the algorythims duh?

    • @calamorta
      @calamorta 5 ปีที่แล้ว +1

      @@emmmoo8631
      Programmers create the algorithms and computers do the rest. You no longer need the charismatic guy with a big mouth that makes you buy stuff that don't give the best return...

    • @mattcaius1612
      @mattcaius1612 5 ปีที่แล้ว +3

      @ocelot. Not for a while, the pilot isn't there for when a flight goes well, they're there for when it doesn't, which is harder for an AI

  • @forever_golfer1981
    @forever_golfer1981 5 ปีที่แล้ว +12

    My great dream as a kid was to be a trader like Louis Winthorpe on Trading Places.

  • @RayMak
    @RayMak 5 ปีที่แล้ว +60

    Work from home now

  • @grunger2335
    @grunger2335 5 ปีที่แล้ว +21

    No need to trade in this market, it's a straight line to retirement!

    • @drmodestoesq
      @drmodestoesq 5 ปีที่แล้ว +1

      I'm a Gen Xer. I'll be working until I'm dead.

    • @vellam8766
      @vellam8766 5 ปีที่แล้ว

      @@drmodestoesq trade forex

  • @rjeefamily926
    @rjeefamily926 5 ปีที่แล้ว +26

    Why the sad background music lollll, this is literally the economy making the market more efficient. How can these people who are supposed big fans of the free market be upset about it getting rid of their useless jobs.

    • @jamie49868
      @jamie49868 5 ปีที่แล้ว +1

      Blue Horseshoe loves your comment.

    • @danielsjohnson
      @danielsjohnson 5 ปีที่แล้ว

      Rjee Family more specifically than just "the economy" this is the effect of supply and demand AKA regulated capitalism doing what's expected would happen if you step back and look at the big picture.

    • @globalguy1919
      @globalguy1919 5 ปีที่แล้ว

      OMG. That music!

    • @icantdance5712
      @icantdance5712 4 ปีที่แล้ว

      @ocelot. You sound like a person who has no interest in reinventing themself.

  • @emmmoo8631
    @emmmoo8631 5 ปีที่แล้ว

    its the globalist technocractic takeovers fools, you WILL NOT GET A GOOD DEAL, COZ THEY CONTROL THE MARKETS NOW, less people more power for them! fake markets for 'consumer' is what started wall street crash, false hopes, but big banks rallied together and cleared people's accounts out!! now doing same on different platform! stay away from stock markets soemthing big guno happen next 5 years!

  • @funkbassGTR
    @funkbassGTR 5 ปีที่แล้ว +39

    "Wolf of Wall street" was replaced by robots

    • @tjnaptown91
      @tjnaptown91 5 ปีที่แล้ว +10

      Robots of Wall Street

    • @artvinnd5534
      @artvinnd5534 4 ปีที่แล้ว +2

      The time setting of Wulf of wall street was 25-40 years ago 1980-1995 in technological terms ancient

    • @strnvii
      @strnvii 4 ปีที่แล้ว +1

      I just think the golden days are over for traders

    • @cgasucks
      @cgasucks 4 ปีที่แล้ว

      @@strnvii It was over long ago.

  • @Bangzae14
    @Bangzae14 4 ปีที่แล้ว +1

    this video is very helpful, thank you ... always successful in its activities

  • @jlee4039
    @jlee4039 5 ปีที่แล้ว +4

    Honestly, I can't believe that it's taken this long for the trading desk to go the way of travel agencies.

  • @antonartemenko2927
    @antonartemenko2927 5 ปีที่แล้ว +1

    Thank you very much for this very useful video! It has some great numbers about financial industry.

  • @mteevie1609
    @mteevie1609 5 ปีที่แล้ว +12

    People still don't believe AI and automation will make human obsolete. New job training will not help. After robots make and repair robots human will not be needed just ask wal-e.

  • @NoneStopDamage
    @NoneStopDamage 5 ปีที่แล้ว +1

    Mistitled Video.
    Brokers and Traders are NOT the same. In derivatives, trading involves structuring, you need to define a strategy for a client. These are specialist roles requiring strong mathematical ability. Brokerage, on the other hand, requires no specific skill-set, picking up the phone adds no value. It's a dying breed. Hence the growth of electronic trading directly from exchanges.

  • @minyaksayur
    @minyaksayur 5 ปีที่แล้ว +3

    this has been going on since 20 years ago, I had friends who they called specialist they lost their jobs 20 years ago when wall street starting to computerize.

    • @kedarbarve5884
      @kedarbarve5884 3 ปีที่แล้ว

      Be Positive & Life Comes Around ! How's the Situation in USA ? Things are going from Bad to Worse in Mumbai , India . That Double Mutation Strain discovered last Year has wrecked havoc since March 2021 ! The Maharashtra State Govt is thinking of Complete Lockdown .Other States like Uttar Pradesh & Delhi have Sunday lockdown & weekend lockdown respectively since this yesterday.
      That Double Mutation Strain spreads via Air (not only droplets) & evades /escapes the immune system .Even people who got 2 shots of Vaccine became sick .

    • @adriennerobinson1180
      @adriennerobinson1180 2 ปีที่แล้ว

      This is Terrible SMH

  • @johninsalisbury2010
    @johninsalisbury2010 4 หลายเดือนก่อน

    need more documentaries like this

  • @carstars
    @carstars 5 ปีที่แล้ว +6

    Then why are volumes increasing if the movement is to passive? Something is not adding up.

  • @mysimysi1288
    @mysimysi1288 5 ปีที่แล้ว

    Passive funds are great in a constantly rising market. But what if the market stays flat for 10 years.....

  • @ilqrd.6608
    @ilqrd.6608 5 ปีที่แล้ว +10

    It’s ridiculous that this still exists in the digital age

    • @dancer1
      @dancer1 5 ปีที่แล้ว

      Ilqr D. That what still exists

  • @MoltenMouseMetal
    @MoltenMouseMetal 4 ปีที่แล้ว

    Who needs online gambling when you can now play money-simulator 1.0 on your phone during your morning bowel movement...