Private Flights and Handshake Deals Lead to Insider Trading Affairs

General background on insider trading?

Insider trading is the illegal buying or selling of stocks based on undisclosed information. This information can significantly impact the stock's price when made public. Those involved typically have access to sensitive information due to their job or connection to a company.

Most, including myself, believe insider trading is unfair and against trading regulations. Different countries have laws to control and protect financial markets, and people who break these laws can face big fines, jail time, and other legal actions.

Politicians must manage finances within the law. Rules like the STOCK Act in the US aim to prevent insider trading and conflicts of interest. Critics say these rules may not be enough to stop abuses. Trust in government is important, so ongoing scrutiny and legislation are needed for transparency and accountability.

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Am I envious of the businessmen and politicians who insider trade? No, I actually find the connections, relationships, and accessibility of private information interesting. As a retail trader that doesn’t have private access, you realize that the market makers and one-percenters are always one step ahead.

In my line of business, people talk. I know about new tech before it releases, and I get insights on how the advertising industry as a whole is profiting, but this is small comparatively to a politician or financial journalist for a billion-dollar industry who flies on said billionaire private jet not only learning about the hard data but also the locker room talk conversations.

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There is an advantage, and many politicians, journalists, and business owners profit off insider information but will never get caught due to the tight nit community. There are regulations, but the federal reserve has yet to find a way to fully control insider trading.

With commitment, discipline, and continuous improvement, the journey from an inconsistent trader to a consistent one becomes achievable.

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Brief Trading Notes!

I am looking at 4470 as my key pivot this week. All levels are /es mini. Details on news, upcoming data and where I think the next 100 points will come from will be sent at 6:45am.

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