Saturday, March 7, 2020

BLACK BOX TRADING DESTABILIZES OUR ECONOMY


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HIGH SILLINESS IN THE LAND OF THE FREE
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Volume 79                                 March 8, 2020

HOW ABOUT THAT STOCK MARKET

By Dr. Max Allen


Have you ever heard of ‘black box trading’?  This is what most stocks and futures are traded with.  The picture of hundreds of traders on a crowded floor in New York, barking and yelling aloud with a phone to their ear and a hand full of tickets is far from today’s trading.

Nope, human decision has been all but eliminated as algorithms within computer software do the buying and selling that makes the stock market the world’s largest roulette wheel.
The greatest casino in the world
While there are occasional moves by some to eliminate the fault-ridden, capricious, and often downright crazy black box trading, it looks as though it’s here to stay.  More’s the pity.
It's like roulette which is also stacked against you. The house always wins!
Remember this, “You’ve got a better chance of hitting it big in the lottery than the stock market”.

I’m Max, and that’s the way I see it.


Enjoy my books at: www.buymybooks.net
Listen to my podcasts at:  maxminute.podomatic.com
My Youtube: ‘Max Allen’s Opinion’ and ‘Max Allen Speaks Out’
My facebook:  https://www.facebook.com/max.allen.73700136 


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