Robinhood in the crosshairs

Yesterday, Robinhood CEO Vladimir Tenev faced his maker in a long-awaited hearing before Congress. The Robinhood saga is an interesting one: essentially, this company betrayed everyday traders to satisfy the big wigs on Wall Street. It's an important reminder that traders need to watch out for themselves and watch out for one another because no one else will. And that's what we're here for. Trading is a delicate dance. You need to put in the hard work, but you have to give yourself the right tools to succeed, too. Some of those tools might be closer than you think. Markay explained yesterday how a common indicator on your everyday chart is the basis of one of her most critical trading strategies. Watch a replay of her class here Remembering Robinhood It's been a crazy month since the Robinhood cycle started, so you may have forgotten some of the finer points. We've got you covered. In this article we explained what was going on, and how Robinhood got $1 billion from its investors duringt he height of the GameStop insanity. Read it here Lessons from Ancient Greece When you break things down to their most significant component parts, you've arrived at the first principles. This idea dates all the way back to ancient Greece, but it still affects the thinking of some great modern minds, including Elon Musk and Rob Booker. Learn what it has to teach you here You probably know that I'm a bear for 2021. A lot of people think that's a negative thing. They think it must be because I'm a huge grump or something. Well, I'm not a huge grump. At least, I don't think I am. The fact is that the economy suffered a massive shock in 2021, and I don't think the recovery we've experienced is based on anything. Fundamentally, there are still a lot of problems. And to me, that means that eventually, we'll see a turnaround. Did we see that start yesterday? Maybe. It's too early to tell. But all three of the major indexes did end lower for the first time that I can remember in a while. Everyone is waiting on Washington to fix something, but fixing things doesn't seem like Washington's strong suit right now. Anyway, the point is that if we experience a bearish turnaround, a lot of people aren't going to be ready. I don't want that to be you. And that's why I'm offering three of my best strategies for a bear market for just $5. If you're interested, access it here. And either way, have a terrific Friday! Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe