The Bedroom Trader Who Wiped out $1 Trillion

  Рет қаралды 669,909

MegaloMedia

MegaloMedia

Күн бұрын

Пікірлер: 786
@megalomedia
@megalomedia 2 ай бұрын
If you enjoyed this one, you will like my latest video about the legendary CIS Trader too: kzbin.info/www/bejne/nH-0dIN_eK10mqM
@kuwaitisnotadeployment1373
@kuwaitisnotadeployment1373 22 күн бұрын
So what law did he actually break? If what you said is all true it sounds like his only crime was outsmarting the corporate firms who were doing the exact same thing just not as good.
@user-mr2si5ic2l
@user-mr2si5ic2l 2 күн бұрын
Dude... wtf? Psychopathy and autism and not related. That's old ass crap from the dark age of psychology. His personality and morals and ethics are his own. Anyone can get obsessed. That's not our edge. The pain is the point. If you're overwhelmed by your senses most of the time, you learn to solve problems rapid quick and be done, and you have extra senses to do it with. Pattern recognition processing doesn't overwhelm(the pattern guys). So lightning speed without disengagement = I'll kick your ass.
@BeckyJames-g7m
@BeckyJames-g7m 4 күн бұрын
Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do
@BryanHarold-q6s
@BryanHarold-q6s 4 күн бұрын
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
@EricJose-hn6cf
@EricJose-hn6cf 4 күн бұрын
Trading is easy, but trading the right coin without a time-tested strategy is incredibly hard.
@diegomatias7076
@diegomatias7076 4 күн бұрын
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
@TysonZayne
@TysonZayne 4 күн бұрын
Trading with Kate Herman trading analysis
@AbdulazizMuhammad-c3i
@AbdulazizMuhammad-c3i 4 күн бұрын
YES!!! That's exactly her name (Kate Herman) so many people have recommended highly about her and am just starting with her, Kairangi from Brisbane Australia..🇦🇺
@abuyalatip7590
@abuyalatip7590 7 ай бұрын
Bot used by big investment companies are legal. But bot used by a smart individual trader is illegal. What an unfair game.
@johnpersechini4951
@johnpersechini4951 6 ай бұрын
Spoofing is illegal regardless of who does it. Guy got off easy but hopefully the prison time and ordeal helped him learn his lesson.
@kylercrane3693
@kylercrane3693 6 ай бұрын
bigs corps use bots to make transactions in split seconds not making false trades
@Nxbulo
@Nxbulo 6 ай бұрын
I bet you know what your talking about🥴​@@johnpersechini4951
@Allyourbase1990
@Allyourbase1990 6 ай бұрын
It’s okay if they get rich , but the middle and lower class isn’t allowed apparently
@itslike123
@itslike123 6 ай бұрын
When they took his money, did they share it with with traders who lost that day? Of course not😂
@RafiMassachi
@RafiMassachi 3 ай бұрын
Hey, I want to start investing but don't know where to begin. Any advice or contacts for help?
@PunkosdiMonika
@PunkosdiMonika 3 ай бұрын
It's wise to seek professional guidance when building a strong financial portfolio due to its complexity.
@EdvaldoSppezapriaDias
@EdvaldoSppezapriaDias 3 ай бұрын
Talking to an expert like Margaret Burwell to reshape your portfolio is a smart move.
@CARLIENEDUARTEMENDES
@CARLIENEDUARTEMENDES 3 ай бұрын
Certainly! I diversified my $31,000 portfolio across different markets
@MarieR.N
@MarieR.N 3 ай бұрын
I made a net profit of around $206k by investing in high dividend yield stocks, ETFs, and equity
@MatteoSchneider-nd8sz
@MatteoSchneider-nd8sz 3 ай бұрын
The reality is that you cannot do it without a tried and true trader like Margaret.
@TheBlackyoshi5000
@TheBlackyoshi5000 6 ай бұрын
This is what happens when you out smart the big players, you still lose. What a scam we live in
@kittyhideouts
@kittyhideouts 4 ай бұрын
Moving on up he is 2D to 3D
@Dr.Spoofs
@Dr.Spoofs 7 ай бұрын
Sounds to me like he was doing what EVERY retail investor feels should be done. Our money being stolen by algorithms by hedge funds. I'm not mad at him at all.
@Dr.Spoofs
@Dr.Spoofs 7 ай бұрын
They can cheat us manipulating the market but when one of us does it, THEN it's illegal. BS!
@megalomedia
@megalomedia 7 ай бұрын
Welcome to Wall Street, but if you're a politician trading, then it's totally OK.
@maryjacob9467
@maryjacob9467 6 ай бұрын
It's only ok for hedge funds 😮
@Error-33
@Error-33 2 ай бұрын
If anyone isn’t profitable that’s specifically their problem man. Anyone who manipulates the markets will get punished for it when caught including the big institutional investors so the guy very much deserved the punishment. There are many profitable people in the market and it takes actual work to be successful just like any other business and trying to cheat himself there was very selfish and obviously a crime
@andrebogdanuk
@andrebogdanuk Ай бұрын
No you just unprofitable
@Allyourbase1990
@Allyourbase1990 6 ай бұрын
This dude is awesome. He got in trouble because he beat them at their own game . Politicians always use insider trading to get millions . He should have kept his money . I would have been in another country living it up .
@Andrzej-uw1ho
@Andrzej-uw1ho 4 ай бұрын
Politicians always use insider trading to get millions . PELOSI.
@HelovesU-we4qh
@HelovesU-we4qh 4 ай бұрын
The sad thing is they can legally do it. They can hear Congressional testimonies and then inside trade based off of that information
@PedalToTheMetal61888
@PedalToTheMetal61888 2 ай бұрын
@@Andrzej-uw1ho ...ASK HOW CROOK PRESIDENT GOT OVER MILLION IN HIS ROTH/IRA
@PedalToTheMetal61888
@PedalToTheMetal61888 2 ай бұрын
@@HelovesU-we4qh ...ITS CALLED LISTENING LIKE THAT LITTLE GENIUS YOU SEE ON T.V. '' SHELDON/ COMPUTER GENIUOS
@rayp2940
@rayp2940 7 ай бұрын
So this man was arrested for doing the same thing the top dogs are doing. Rigged market
@kimpeater1
@kimpeater1 6 ай бұрын
Not the same. He was beating them at their own game!
@Hatro18a
@Hatro18a 5 ай бұрын
if he was beating them at their OWN GAME he was doing the same dont you feel stupid?@@kimpeater1
@GFK1804
@GFK1804 4 ай бұрын
@@kimpeater1he was most definitely beating them at their own game but the fact that they in charge of how the game is ran is even crazier ❗️
@ghitaciprian
@ghitaciprian 4 ай бұрын
well, actually the system moved their involvement to a person which does not exist...............
@Andrzej-uw1ho
@Andrzej-uw1ho 4 ай бұрын
They are protected by american administration, He was not. But he will emerge finally some day. Smarter than ever.
@HelovesU-we4qh
@HelovesU-we4qh 4 ай бұрын
If he was a hedge fund manager, he would be celebrated! He would get a bonus so big that he could retire, but because he is smarter than them and better than them, they are jealous and they cannot stand it! So they use him to be an example to any of us who would dare come up against their crooked power!
@Coohy
@Coohy 7 ай бұрын
If he was a giant hedge fund it would just be another day, shows the reality we are living in, on what basis is this illegal when he is doing exactly what the markets runs off?
@yungxswiss8824
@yungxswiss8824 7 ай бұрын
Because he isn’t just buying and selling he is not doing either, he is canceling his order but since the data takes a hit on algo it will dip but since the tensions were high since the 2008 crash people panic sold, the same can happen today, and welp I bet it will 😊🫣😮‍💨
@trumpt8503
@trumpt8503 7 ай бұрын
​@@yungxswiss8824this happen when hedge fund use orderflow
@BlazedAFGaming
@BlazedAFGaming 7 ай бұрын
thats eaxctly what they do lol@@yungxswiss8824
@GrgAProduction
@GrgAProduction 6 ай бұрын
@@yungxswiss8824but this is also what high frequency trading algos do all the time 😂
@GrgAProduction
@GrgAProduction 6 ай бұрын
@@yungxswiss8824if you read the lvl2 tape.. it’s constantly going on.. so firms with billions can do it to people but regular people cannot do it 😂
@FoxHoundVIP
@FoxHoundVIP 7 ай бұрын
I hate when they can spoof the market but when your regular Joe does it they come for you. SMH
@megalomedia
@megalomedia 7 ай бұрын
The game is rigged sometimes
@gordon9177
@gordon9177 7 ай бұрын
so you think the stock market could be rigged at times? @@megalomedia
@yodamaster757
@yodamaster757 6 ай бұрын
@@megalomedia all the time brother. I know some people who were on Wall Street. They tell me it is 100% rigged
@rafiekeaston1146
@rafiekeaston1146 6 ай бұрын
Well what in this world in not rigged. We have to learn it and then beat them at the game.
@gordon9177
@gordon9177 6 ай бұрын
@@yodamaster757 yea, I believe it. I seen some stocks in 6 figure & millions volume range, move up and a lot that don’t. Doesn’t make sense.
@megalomedia
@megalomedia 7 ай бұрын
Two notes for my Brethren: 1. We are bifurcating content: There will be "MegaloMedia Originals", I want these to look like freaking movies (we're not there yet, but we're making great progress with 3d scenes and ai tools), AND there will be low-editing content, i.e. my face talking about business/finance/economics. 2. If you want to join the waitlist for our Bali workation, you can do so here cqm0m1jz73x.typeform.com/to/BOEr3RLp - I think we will build great friendships (& businesses) there.
@kiizarayan9226
@kiizarayan9226 7 ай бұрын
😅
@djpriest123
@djpriest123 6 ай бұрын
bro is an obvious copy of magnates media
@cesarorellana8568
@cesarorellana8568 6 ай бұрын
@@djpriest123let him adapt to the market and remain competitive.
@ofusowre7620
@ofusowre7620 4 ай бұрын
Hello. We get it after the first interruption. The video is great, but almost ruined by the constant interruptions. I'm sure the video would have lots more views if you just let it run!!
@qwertosip2473
@qwertosip2473 4 ай бұрын
He was used as a scape goat and now he works for the elite
@megalomedia
@megalomedia 7 ай бұрын
Watch this Trader Legend Video next - incredible learnings: kzbin.info/www/bejne/aHTOoaB3bpV5a68
@DiabloNemes
@DiabloNemes 7 ай бұрын
28:40 Even a emotionless multi millionaire trader cannot ignore the Butter Chicken
@megalomedia
@megalomedia 7 ай бұрын
Impossible!
@yourdad-rq1zm
@yourdad-rq1zm 7 ай бұрын
Chicken tikka masala too. British national dish
@Kimjongun19841
@Kimjongun19841 7 ай бұрын
Dont forget the naan man
@Bhilon
@Bhilon 7 ай бұрын
Sipping on his mango lassi
@Bhilon
@Bhilon 7 ай бұрын
Sipping on his mango lassi
@everythingcryptoandforex3268
@everythingcryptoandforex3268 7 ай бұрын
This is madness, big firms and even governments spoof all the time and its not considered a crime .
@nnconfomiststoic888
@nnconfomiststoic888 7 ай бұрын
If you behave like the government, you'll be arrested, Anonymous-
@AmosKagege
@AmosKagege 7 ай бұрын
Great narration G! create as much suspense as possible.
@megalomedia
@megalomedia 7 ай бұрын
Thanks, brethren. 🦍🦍
@MoreTechnickel
@MoreTechnickel 7 ай бұрын
"so everybody can have a juice box and think about what they have done" got me DED af!!!!! HAHAHAHA
@LindaMangata
@LindaMangata 6 ай бұрын
😂me too
@dumpdumbdummy9942
@dumpdumbdummy9942 7 ай бұрын
Best one yet! Never heard of this guy
@hugheszie
@hugheszie 20 күн бұрын
It’s not a free market. The GameStop thing is proof. The big short is proof. Big players can do what they want and if you, the normal person does it, you’re “illegal”.
@breast0001
@breast0001 6 ай бұрын
Bro had 1/3rd of INDIA's GDP☠☠
@breast0001
@breast0001 6 ай бұрын
not correct now the gdp increased
@megalomedia
@megalomedia 6 ай бұрын
story is from 2010
@6ur6enFanatic
@6ur6enFanatic 7 ай бұрын
This felt like a movie
@Mp-jw1qg
@Mp-jw1qg 7 ай бұрын
they saw his bank balance and went after him, when they saw even he got scammed and had nothing, they let him go, tells you all you need to know ......................
@Ty-dk2sj
@Ty-dk2sj 6 ай бұрын
It's even worse. They took the last 7 million he did have... He's left with nothing now.
@ryanwahome5086
@ryanwahome5086 5 ай бұрын
We live in a matrix world Where you are just living bcoz a group of superior people have allowed u to live
@mdatikqurrahman8376
@mdatikqurrahman8376 7 ай бұрын
When a big company's bot wins, nothing happens. But when a regular guy's bot wins against them, they get arrested. Why is that?
@doganorgun841
@doganorgun841 6 ай бұрын
The difference is slow Robbery..! Don't cause surge or crush...😅
@relaxwithtxmusic
@relaxwithtxmusic 6 ай бұрын
​@@doganorgun841I like that🙏🏿👏😅
@maryjacob9467
@maryjacob9467 6 ай бұрын
Unfair
@MichaelLeeHannah
@MichaelLeeHannah 6 ай бұрын
That’s why all these bots are used to manipulate the markets it’s a unfair advantage it’s like Vegas they always win. Every other commercial has some Bot AI algorithm trying to steal everyone’s money stupid people buy into it thinking they’re going to get rich
@Futures_Live
@Futures_Live 6 ай бұрын
Thugs
@MichaelLeeHannah
@MichaelLeeHannah 6 ай бұрын
Somebody needs to make a movie out of this guy!!! No one will ever trust AI Guy got ripped off by a dirty Banker then exposes the corrupt financial Banking system
@mrjohn.whereyoufrom
@mrjohn.whereyoufrom 7 ай бұрын
Sarao pleaded guilty to one count of electronic fraud, and one count of "spoofing" - which is illegal in the US. He initially faced 22 charges, which carry a maximum sentence of 380 years. Sarao then spent four months in Wandsworth prison before being extradited to the US. Unusually, he was allowed to return to the UK before sentencing, where he has been helping authorities catch other market fraudsters. But prosecutors ultimately decided not to push for a jail sentence, as Sarao didn't spend the money on any luxuries and had quickly lost his windfall to fraudsters. They also took into account his autism, time in jail already served, and that he has been helpful to the government for several years since then. In 2016, Sarao agreed to pay the US government $12.8m (£9.9m), the amount prosecutors said he earned from his illegal trading. Altogether, he is thought to have made a profit of about $40m (£31m) in the space of five years.
@alphamindtactics
@alphamindtactics 7 ай бұрын
I read your comment as the intro was playing, and now I feel like I no longer need the video. Thx bro 😂
@sithlordhibiscus9936
@sithlordhibiscus9936 7 ай бұрын
I'm with alphamindtactics. ❤ I'm actually happy with the outcome. he's just playing the same game as the big name.
@theodorehsu5023
@theodorehsu5023 7 ай бұрын
It is also a shame he didn’t have more able to access, I’m sure the offshore accounts got frozen as soon as he was arrested.
@oldskool1977
@oldskool1977 6 ай бұрын
How can a US government agency have ANY jurisdiction in the UK?!!!
@potatovpotato
@potatovpotato 6 ай бұрын
money
@SoaksOnDeltaForce
@SoaksOnDeltaForce 5 ай бұрын
If a law is illegal in the other country then they can get you from anywhere
@oldskool1977
@oldskool1977 5 ай бұрын
@@SoaksOnDeltaForce in North Korea too?
@SoaksOnDeltaForce
@SoaksOnDeltaForce 5 ай бұрын
@@oldskool1977 lol I think you don't understand how much power the dollar has
@brandonward2187
@brandonward2187 5 ай бұрын
Because it's the US stock market lol
@richvandervecken3954
@richvandervecken3954 7 ай бұрын
The stock market never makes money disappear it merely provides the mechanism for it to change hands from the person on the wrong side of a trade to the person on the right side of the trade period.
@megalomedia
@megalomedia 7 ай бұрын
True 😆
@MooseBme
@MooseBme 6 ай бұрын
They don't like it, when someone else wins!
@Redranddd
@Redranddd 5 ай бұрын
He makes the world better by showing a vulnerability in the system but got nothing in return
@sibonisomsane1575
@sibonisomsane1575 5 ай бұрын
If he was in Nigeria nigerian government would have protected him
@ayosam956
@ayosam956 Ай бұрын
Na they would have taken all his money and locked him up
@delaneypeterson1433
@delaneypeterson1433 Ай бұрын
Ya'll couldn't protect Hush Pappi please Abeg 😂
@kikodinhoalexandros2534
@kikodinhoalexandros2534 24 күн бұрын
@@delaneypeterson1433Facts😂😂😂😂
@Sharkdog11b
@Sharkdog11b 3 ай бұрын
I haven’t laughed this hard in a minute when you said “that way everyone can have a juice box and think about what they’ve done” 😂
@F1NISH3R
@F1NISH3R 6 ай бұрын
Shows just, how humans just defeat their best players / ones...
@kb2687
@kb2687 7 ай бұрын
This dude was just the scapegoat
@shadow1013229
@shadow1013229 5 ай бұрын
wow what a great documentary, better than Netflix, thanks
@nelsoncharlesif
@nelsoncharlesif 6 ай бұрын
His the G of the decade. Wish him well though. Truly remarkable
@JKBeastyy
@JKBeastyy 7 ай бұрын
this channel is slept on
@uppercrust400
@uppercrust400 7 ай бұрын
What did Sarao really do wrong? Make trading profits that made the big brokerage firms jealous? I think that's all he's really guilty of. All trading profits are based on disinformation and misdirection that the media (TV, radio, websites, etc.) push out to the general public, courtesy of the big brokerage firms. How is spoofing any different? Spoofing is still done today.
@ninjawarriors2838
@ninjawarriors2838 7 ай бұрын
Just need to find Loopholes in each and everything And you're beating the market
@nkosinathimadulube5791
@nkosinathimadulube5791 7 ай бұрын
How much start on the loophole ninja?
@nkosinathimadulube5791
@nkosinathimadulube5791 7 ай бұрын
It's Mike here in Johannesburg South Africa.Pls help me.I wanna be the first to know about loophole
@wtfgadget
@wtfgadget 7 ай бұрын
first you find the loop, and then you find the hole@@nkosinathimadulube5791
@kgotsofatsosebola3350
@kgotsofatsosebola3350 6 ай бұрын
I think I should do better than Navinder 😅
@kimpeater1
@kimpeater1 6 ай бұрын
What a shame that they banned this genius from trading
@loganikerd813
@loganikerd813 7 ай бұрын
Spoofing still happens. I’m a day trader and I’ve watched orders come into the market that are sometimes 100x what the typical volume is and as orders start going through to buy into the sell order it gets pulled off and the price will spike upwards 5%-10%. It’s very uncommon to happen and usually when someone places those major orders the stock goes the opposite way due to volume being so low so the traders trading the stock realize there won’t be enough buying pressure to break the order
@megalomedia
@megalomedia 7 ай бұрын
Interesting, thanks for the insights. 💪
@nnconfomiststoic888
@nnconfomiststoic888 7 ай бұрын
That's why Dr David Paul says that big bars should be accompanied by big volume and small bars by low volume, because banks, institutions can not manipulate the volume, they can only manipulate the price. If there are big bars accompanied by low volume,it's better to stay away and also what's happening in the higher timeframe determines the trend of the market so top down analysis is crucial.
@Chris-ew9mh
@Chris-ew9mh 6 ай бұрын
I see the whales planting huge buy walls and sell walls all the time on the Level 2 Ask Bid ladder... it can be especially effective after hours when the normal volume is much lower than compared to the normal market hours.
@pains1956
@pains1956 4 ай бұрын
YOU HAVE TO know HOW TO PLAY... OTHERWISE DONT EVEN TRY..
@NitroWeb777
@NitroWeb777 2 ай бұрын
good thing is he still has the 65M in the offshore accounts
@Kingabdvl
@Kingabdvl 6 ай бұрын
Wait… if he’s down to $0, what about all the money in his offshore account, does he not have access to it at all? This is suppose to still be a BIG WIN for him regardless.
@user-cz6ox6zw3x
@user-cz6ox6zw3x 6 ай бұрын
I’m a psychologist and specialize in mental diagnosis. I’ve never met an intelligent psychopath that claim they have psychopathic tendencies. Just saying. Most of them don’t even know.
@AnonymousQwerty
@AnonymousQwerty 6 ай бұрын
I work in a role that involves deep psychological analysis as well and my observations support your claims. The fact that this guy claims he’s a psychopath is incredibly bizarre and is far more indicative of a weak sense of self, poor self-esteem, and an obsession with self-image than it is of being an actual psychopath lol.
@megalomedia
@megalomedia 6 ай бұрын
You know what also takes a grain of intellect? Sarcasm.
@susymay7831
@susymay7831 Ай бұрын
Well done video! I especially enjoy your videos on traders, Jim Simons and his Medallion fund, and Berkshire Hathaway/Warren Buffett related videos ❤
@megalomedia
@megalomedia Ай бұрын
Much appreciated! Thanks for the inspiration/ feedback on topics.
@nnconfomiststoic888
@nnconfomiststoic888 7 ай бұрын
Damn! So inspiring for me as a trader, I've been through depression losses and profits. This is extremely motivating for me. I guess, Navinder beat Jesse Livermore hands down
@xexaderatx9056
@xexaderatx9056 6 ай бұрын
I recomend u paladin strategy
@tobiasobermayr501
@tobiasobermayr501 7 ай бұрын
really well made
@megalomedia
@megalomedia 7 ай бұрын
Thank you appreciate it!
@LindaHills-nm7rn
@LindaHills-nm7rn 3 ай бұрын
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
@LopezRodriguez-lm8jh
@LopezRodriguez-lm8jh 3 ай бұрын
I will advice you should stop trading on your own if you keep losing.
@LopezRodriguez-lm8jh
@LopezRodriguez-lm8jh 3 ай бұрын
If you can, then get a professional to trade for you I think that way your assets are more secure.
@LopezRodriguez-lm8jh
@LopezRodriguez-lm8jh 3 ай бұрын
I'd recommend Patricia Spears, her profit is great even when there's a dip
@LopezRodriguez-lm8jh
@LopezRodriguez-lm8jh 3 ай бұрын
You don't need to be shocked haha because I'm also a huge beneficiary of her
@AmirSingh-ep4kt
@AmirSingh-ep4kt 3 ай бұрын
I've seen positive reviews of this Professional, she must be exceptional for people to talk about her goodness.
@visualbox3651
@visualbox3651 7 ай бұрын
He just take his revenge as Indian 😎
@megalomedia
@megalomedia 7 ай бұрын
😎📈🇮🇳
@abuyalatip7590
@abuyalatip7590 7 ай бұрын
Singh is King. As proven.🤣
@rushivpatel7
@rushivpatel7 Ай бұрын
In his interview he told, he's algo was capable to bringmarket up and down for few bits but crashing the markets was not possible with account he hold, and was made a scapegoat by the big boys
@hilarysvariety5839
@hilarysvariety5839 7 ай бұрын
Bro was smart and dumb at the same time. Addicted to trading instead of stopping and taking the money to enjoy life. LOL
@nnconfomiststoic888
@nnconfomiststoic888 7 ай бұрын
Exactly like what most traders, he's got obsessive nature so he only focused on raking it in. 😮
@xexaderatx9056
@xexaderatx9056 6 ай бұрын
Bro savant people can beat anyone
@kimpeater1
@kimpeater1 6 ай бұрын
He was just a kid
@abdiweliali4874
@abdiweliali4874 6 ай бұрын
He enjoyed the money by eating chicken tikka masala that is not enough?
@Redranddd
@Redranddd 5 ай бұрын
He enjoys life without the money, that's not stupid, it's a superior intelligence
@pains1956
@pains1956 4 ай бұрын
SOOO WHAT HAPPENED??? WHERE IS HE NOW...HE IS A GENIUS
@homevideowatcher78
@homevideowatcher78 7 ай бұрын
I really suspect he is now a "consultant" for the government ...those brains are too hot not to be used
@jguzman7207
@jguzman7207 2 ай бұрын
What lessons can we learn from this?….quit while you’re ahead. Pigs get fat but hogs get slaughtered. Nab should have known when to quit. Scale back, manage risk….we hear stories all the time about great traders that make millions until their luck runs out. It’s best to grow steadily and at a slower pace while limiting risk and not putting all of our eggs in one single basket
@megalomedia
@megalomedia 2 ай бұрын
Yea, for sure. 🦍💨
@TheMagicalPoison
@TheMagicalPoison 7 ай бұрын
Why and what did he do was criminal? Doesn't all these big hedge funds and the big financial institutions doing the same thing every day?
@KhadimBrothers
@KhadimBrothers 6 ай бұрын
bro is trying to look like the goat magnets media king
@2much4skin
@2much4skin 6 ай бұрын
6:54 is the biggest wtf moment, ngl!
@claudiocartin9310
@claudiocartin9310 3 ай бұрын
I think he is too smart that he knew this would happen. So, in short, he got all planned where those money would be placed and are readily available whenever possible he needed or reclaim. I think, he's much more steps ahead the prosecution.
@Jasonrenalds
@Jasonrenalds 5 ай бұрын
This is a temptation and an inspiration from a smart guy 💯💯💯💯💯💯
@subh172
@subh172 7 ай бұрын
I can predict what video is all about a indian trader who lives in London..stuff like that
@aron2971
@aron2971 7 ай бұрын
Me 2 .suffing
@MF-kr4hf
@MF-kr4hf 7 ай бұрын
You should be a trader..
@tedchandran
@tedchandran 7 ай бұрын
Jai Hinduja. We are also sore that the Brits swipe out 45 trillions from Mother India
@Reddotreticle
@Reddotreticle 7 ай бұрын
Probably as Indians do love a good internet scam
@NastheGhost
@NastheGhost 7 ай бұрын
Deus ex shit
@nickc4126
@nickc4126 5 ай бұрын
I'll stick to crypto.. At least there they don't hide the sham.
@stefanpekic1335
@stefanpekic1335 3 ай бұрын
This idea with the villa in bali is awesome i wish more people did something like that
@Dzzzz-rk1tj
@Dzzzz-rk1tj 5 ай бұрын
This shows that everyone can make money if he stay learning and consistent
@sadurbali7693
@sadurbali7693 7 ай бұрын
Welcome to Bali Bro, Let me know when you in Bali already .. :)
@megalomedia
@megalomedia 7 ай бұрын
Thanks! Will do! End of March until mid April would be the best time to meet! Come drop by our villa for example.
@Kimjongun19841
@Kimjongun19841 7 ай бұрын
How come your views are so low? Your videos are so awesome and interesting
@megalomedia
@megalomedia 7 ай бұрын
We are getting there now 🫶
@Survivalguy
@Survivalguy 6 ай бұрын
I used to work for a guy that designed software that had all the trading data from the start of Wall Street. He was like this guy. I would come to work on his house as I am a builder and he looked like he had not moved from the "Horseshoe". That's what I called his desk configuration. A horseshoe shape. All the best computers at the time (like 30 of them) and it was not hooked the web. His software did what the guy in the video's brain did and made him billion of dollars. He paid me well! Oh, and this was 2003
@kikodinhoalexandros2534
@kikodinhoalexandros2534 24 күн бұрын
Still know his whereabouts? Seems like I need one guy like that to help me navigate this system 😆
@meagain5994
@meagain5994 23 күн бұрын
He gone do his little easy jail time and get out a multi millionaire
@yjjumper2564
@yjjumper2564 6 ай бұрын
Should be great if you guys come to Thailand for workation
@diacstefan5260
@diacstefan5260 5 ай бұрын
He did exactly what the big waves do with the people behind them.
@bobburrowes4137
@bobburrowes4137 27 күн бұрын
This really great guys. Well done.
@tshepomogobe1529
@tshepomogobe1529 2 ай бұрын
What a Legend....part 2 please
@labedra
@labedra 4 ай бұрын
Turns out to me he not only hacked the market but he hacked the law
@darnelljohn7077
@darnelljohn7077 6 ай бұрын
Aw man... wow... wish I could go to the gathering ❤ hope it's awesome!
@garystinten9339
@garystinten9339 6 ай бұрын
I would happily watch a movie based on this story..
@happylife5782
@happylife5782 7 ай бұрын
even after he was arrested they couldn't get money from him ... what a shame hahah a middle finger
@megalomedia
@megalomedia 7 ай бұрын
offshore accounts holding strong. 🦍😂
@happylife5782
@happylife5782 7 ай бұрын
@@megalomedia thats the best strategy in these shitt countries
@itslike123
@itslike123 6 ай бұрын
Binance does it all day every day, and who's there to stop it? I just dont look at the order book anymore
@youaregoingtolovethis
@youaregoingtolovethis 4 ай бұрын
When he had 3 million in the bank he should of move to some place where they don't have an extradition treaty with the US and the UK.
@athomenotavailable
@athomenotavailable 5 ай бұрын
It's not wiped out, it just went to other people.
@id104335409
@id104335409 7 ай бұрын
It seems to me the big companies are guilty of their algorithms crashing the market and not this guy algo that spoofs orders.
@victordelorientis8763
@victordelorientis8763 5 ай бұрын
He wasn't a scapegoat. He knew exactly what he was doing and he did it for profit. He could have done it for years undetected but he was too greedy and couldn't control himself. That's how he got caught. Hubris..
@Joao-vb8iq
@Joao-vb8iq 5 ай бұрын
Institutional trading firms do things that should be considered illegal every day for manipulation of market, but once they get screwed over by their own strategy someone have to go to jail. Interesting.
@alexandermedinao.3514
@alexandermedinao.3514 7 ай бұрын
Great video!
@megalomedia
@megalomedia 7 ай бұрын
Glad you enjoyed it! 🦍🦍
@abuyalatip7590
@abuyalatip7590 7 ай бұрын
This video makes me realized that during market trading, individual traders are in games with trading robots that programmed by investment companies to syphone our money.
@ibrahimseth8646
@ibrahimseth8646 7 ай бұрын
Payout(40 Year)=10,000B Insurance: Premium=? Yield=10% Year=40 Premium=10,000B/1.1^40 Premium=250B=100% Loan(20 Year)=200%=500B Yearly=500B/20 Year Yearly=25B Thank you.
@steve6375
@steve6375 4 ай бұрын
How can a private trader (presumably licensed?) have enough collateral to put hundreds of really large buy orders in, which are large enough to greatly affect the price? Don't traders have credit limits set? How come he was allowed to place such large orders as a private individual? I don't understand... P.S. AFAIK 'Spoofing' is still not illegal in the UK and EU, so you can still do it as long as you don't pick the US stock market!
@VVHero2210
@VVHero2210 4 ай бұрын
Why was my iPhone vibrating in between
@m4z32003
@m4z32003 4 ай бұрын
How is this any different than sandwiching in crypto?
@Mega-wt9do
@Mega-wt9do 7 ай бұрын
What AI did you use for those animations?
@Arcanestre
@Arcanestre 7 ай бұрын
prolly midjourney
@megalomedia
@megalomedia 7 ай бұрын
It's a whole mix, mj, runway, blender, adobe animate etc.
@frankgonzalez1631
@frankgonzalez1631 7 ай бұрын
I'm surprised hollywood studios have not approached him..
@VIKTORDROCH
@VIKTORDROCH 6 ай бұрын
They are busy wiping and worshipping politicians ARSE !!
@mashudumabaso865
@mashudumabaso865 4 ай бұрын
I love this guy, He is a genius
@frosty7145
@frosty7145 6 ай бұрын
Oh Yeah, who else wants to go spend two months with the “psychopathic tendencies” guy😂
@user-bf9ic8rn7i
@user-bf9ic8rn7i 7 ай бұрын
he's called the flash crash trader, not the bedroom trader lmao
@megalomedia
@megalomedia 7 ай бұрын
But he operated form his bedroom tho 😢 (you right, I just used a different title). 😂🦍
@mafk64
@mafk64 6 ай бұрын
Can it still be done though. It motivates me learning to code 😃
@user-nw7ln2lx1m
@user-nw7ln2lx1m 6 ай бұрын
What future trading platform did Fulex or Navindar?
@ninjawarriors2838
@ninjawarriors2838 7 ай бұрын
So what happened to his 65M$ in the offshore accounts Where they froze by US, Government?
@gongolie
@gongolie 7 ай бұрын
The government takes the money for themselves after a lawsuit. Isn’t it ironical? They let you do the damage, and they penalize you by giving them the money you stole. The same happened to a guy who had 50,000 BTC from a dark web website during the early days of Crypto. He found a glitch: by pressing on withdrawal option twice, the website would send him double the amount of BTC he requested. Why would the government go after a person who “stole” digital currency that is worth “nothing”. Then when BTC went to all time high prices, the guy ended up with around $3B and the government went after him with FBI until they found them. The government then sold all his crypto and kept the money.
@theonewhowas7709
@theonewhowas7709 5 ай бұрын
dude does the same thing these vc's do.. but he gets arrested.. thats some bs
@adadinthelifeofacyclist
@adadinthelifeofacyclist 7 ай бұрын
Offshore banking is a big problem
@geoffreyogaro5727
@geoffreyogaro5727 15 күн бұрын
The genius overstayed in the gambling game
@donb3026
@donb3026 5 ай бұрын
I remember this. I was in the market at that time 😮
@generalinspirationchannel4305
@generalinspirationchannel4305 4 ай бұрын
Why am I always asked to verify my account on pocket option when ever I want to withdraw money? Even when my account is verified. This is not encouraging at all.
@evianevans292
@evianevans292 Ай бұрын
Ive noticed how stocks have huge spikes. And then slowly milk ppls money before having another less then spike before and milk again, the beginning year price of the stock like 80% down ....... Is this what happened to gamestop?
@ShinobiJmr
@ShinobiJmr 7 ай бұрын
I thought its a story of retail trader that made it😂
@megalomedia
@megalomedia 7 ай бұрын
I mean, he kinda made it.
@ShinobiJmr
@ShinobiJmr 7 ай бұрын
@@megalomedia yeah agreed👍
@nnconfomiststoic888
@nnconfomiststoic888 7 ай бұрын
Every trader starts as a retail trader before they become pro , elite
@narjiszekhnini8693
@narjiszekhnini8693 7 ай бұрын
Does anyone believe, like me, that he was never really scammed and that the money is still there somewhere?🤔
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