Steve W. Profile picture
Trading builds character. FX/Energy trading and tech. Former CTA, hedge person, now priv. cap. https://t.co/HGhO8ifyrf
Sep 6, 2022 7 tweets 2 min read
1/Starting to realize I was way too nice when I wrote this.

The vast majority of these (we're talking 95%) get the owners rich and the rest just shoveling their money into their pockets.

My biggest issue was they purposely target and mislead smaller...

paracurve.com/2022/07/funded… 2/accounts desperate for money by failing to prominently disclose how their own accounts are very different from the real world.

By definition, it's predatory, and that's the kind of stuff that always gets under most people's skin.
Aug 22, 2018 4 tweets 2 min read
Wow. Order denying (CBOE) of proposed Bitcoin ETFs. Others identical. In short:

-Doesn't meet burden under the Exchange Act where its designed to prevent fraudulent and manipulative acts and practices
-No evidence demonstrating futures markets are "markets of significant size" 2) LOTS of goodies in this. Specifically the idea of blatant price manipulation in the Bitcoin market. Unnatural trading activity. Pump and dump schemes. Bitcoin manipulators operating with impunity. Lack of ability for surveillance.