Originally posted by BrilloPad
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What can one lone trader at home achieve?
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You know the thing that got me most about this story?
He hid his money from his parents, so his mother had to work 2 jobs to support herself and his OAP father."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SueEllen View PostYou know the thing that got me most about this story?
He hid his money from his parents, so his mother had to work 2 jobs to support herself and his OAP father.
Whilst he has become a day trader's hero - us against them sort of thing - I don't envy him.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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That, plus not knowing anything about his mother, it's not really possible to pass comment. There are plenty of utterly terrible mothers out there.
Originally posted by BrilloPad View PostIndeed. Its like tax avoidance. As long as the rich do it then fine. But when the poor start there is a clampdown.Last edited by Zero Liability; 24 April 2015, 20:25.Comment
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Another excellent article from Zero Hedge:
Why Nav Sarao Had To Be Destroyed: He Found A Way To Beat The HFTs At Their Own Game | Zero Hedge
Explains why the "little people" are not allowed to partake in games belonging to the elite, whether it's algo trading or tax avoidance.
Also explains what Nav did to avoid getting spoofed.Last edited by SantaClaus; 24 April 2015, 22:19.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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so basically they are saying one cow's farts are causing global warming?
£25 million its ant droppings.
https://www.youtube.com/watch?v=2J1BASn-p8cAlways forgive your enemies; nothing annoys them so much.Comment
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Originally posted by Zero Liability View PostThat, plus not knowing anything about his mother, it's not really possible to pass comment. There are plenty of utterly terrible mothers out there."You’re just a bad memory who doesn’t know when to go away" JRComment
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Flash Crash trader: 'I did nothing wrong' - BBC News
Mr Sarao denies the charges but was remanded in custody for the third time after failing to raise £5.05m in bail. His lawyers' request that bail be lowered to £50,000 was refused.
His legal team told Westminster Magistrates' Court he had been unable to raise the funds required by US authorities because they had frozen his assets.
They really want to hang him out to dry.Comment
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