Portfolio Boss

Robinhood Lawsuit

dan-murphy
Dan December 28, 2020
0 Comments

Corona Del Mar, CA

Howdy Friend!

Robinhood is in the news -- they settled for $65MM for failing to disclose that they sell their customer's order book.

https://finance.yahoo.com/news/robinhood-financial-hit-class-action-051539678.html

DUH! How else could they offer "free" trading?

The estimate is that Robinhood will make about $500MM this year from selling their order book to HFT firms like Citadel.

I wrote a report about how MANY of the biggest brokers are selling your orders to the wolves (and which brokers to use instead).

Since I wrote it as a consumer awareness guide which you can download here >>

If you have an account greater than $50k then you're likely going to pay more in slippage (bad fills) than you would if you paid commission.

Robinhood has become a giant after starting up in 2014.

It now has over 13 million users with an average account size of about $1000-$5000.

That's not really the market I cater to, but feel free to forward the report to anyone who trades...

...especially if their broker is on the naughty list.

Download here >>

Trade smart,

Dan "Prince of Proof" Murphy

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Wondering how to get started?

Step 1: Get a free copy of my book: Artificial Intelligence, Real Profits here >>

Step 2: See a demo of The Boss "SuperAi" Strategy Builder.

During the presentation, you'll learn: How to Generate Consistent Retirement Income Using "SuperAi-Designed" Trading Strategies. Click here >>

Download Portfolio Boss Software >>

Step 3: Online training to vastly improve your trading with Ai.

Watch the podcast >> | Read the blog >>

Step 4: Additional Resources

The Relaxed Investor (Downloaded by over 200,000 readers)

The Ghost of Bernie Madoff is Not Yet Dead

The Ultimate Crash Detector

Portfolio Boss User Guide

Disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.

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Portfolio Boss
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EARNINGS DISCLAIMER: I like to provide full transparency and not blow smoke up your behind, so listen up.100% Club members in general are seeing between 91%-100% winning months in back tests just using the Instant Start templates I created for them. These results are out-of-sample (unseen in the optimization phase), so I put a lot of weight into that fact.

I don’t yet have a statistic for the average member as far as gains are concerned. There are a lot of variables because this is not a cookie-cutter program. I do have dozens of brokerage statements on file, and the majority are looking positive.

There were a couple outliers that weren’t good because they went off track. I believe I convinced them of where they went wrong and they are back on track (too much leverage, and some over-fitting to the past). That’s my job :)

There are other factors in play as well such as: Are you actually making the trades? Account size. Is your broker any good or are they fleecing you? Are you using all the leverage available to you, or are you dialing it back like I recommend?

Simply put, I believe the reason we’re seeing the highest preliminary success rate of any program EVER is because:

a) you’re selecting from 100+ supercomputer-built strategies, and the odds of them all failing at once are extremely low.

b) the strategies take advantage of highly unusual edges that very few if any know about.

c) Our Meta ML technology is completely unique in the trading world. Very few understand that all strategies have cycles, and that there are opportune times to trade them. This allows you to treat trading more like a business rather than a hobby.

d) The daily instructions are brain-dead simple to follow, and can be accomplished in just a few minutes.

Government required disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.

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