ROARING KITTY GME STOCK AMC STOCK “IT'S COMING”

do not place a market order according to Gary gester he nailed it again every time when you place a market order this is the easiest most favorable order to be sold from the broker to the wholesal and whoever knows what kind of prices you're going to get we buy a stock in an app our order is matched with a seller on an exchange like on NASDAQ and we become shareholders right well actually that's usually not what happens instead if we put put in an order on an app to buy a share at the market price it's more likely that our broker sends our order to what's often called a wholesaler in the dark Market the wholesaler might be paying the broker for the right to execute the order that's what's called payment for order flow it's probably obvious why the app would take this payment but we may wonder why a wholesaler is willing to pay to trade with with us when we buy or sell a stock our broker is required to provide us with best execution we're supposed to get the best price reasonably available not just a good price if one of our Market orders to buy stock we routed to an exchange The Exchange would need to match our order with the lowest price available on that exchange that's called competition our orders compete against each other to get the best prices but if the order instead is routed to a wholesaler that has agreed to pay for it the order is not going to an exchange and is not necessarily receiving the benefit of that broader competition the wholesaler might sell to us at a price better than the best price shown to the public on the exchange but not necessarily the best price available you see that's because so much of the market is in the dark poles or with the wholesalers in dark not necessarily competing order by order these payments the payment for order flow thus can create conflicts of interest when the broker app encourages us to trade was the broker acting in our best interest or trying to generate more payments from our trans transactions look some Brokers will say that these payments allow them to charge zero commissions but there's no such thing as a free launch there's still cost we just don't necessarily see it directly our Market should always be working for us not just the big actors or the big Financial players according to g g they cannot simply give you the best execution and make money at the same time this is why he said there is room for potential conflict of interest because they either going to get a good Kickbacks by selling the right for the wholesaler to execute your order or they either going to get a very good commission or compensation for selling the order flow K G Al K genser also said that in the usual normal Fair markets when you send your order through the lead Market there is an exchange NASDAQ New York Stock Exchange and The Exchange has to match every other buyers or sellers at the same time when your order arrives there and gives you the best prices simply because this is the lowest barrier the smallest Gap the smallest spread so this is how you getting the best prices based on the competition levels if I try to sell a stock at 10 and there are five buyers on the exchange that are match with my order some of them offer eight 9 10 11 $ 12 right I'm going to get match with the best pricing this is how magic actually works but unfortunately according to G ganger when you place a market order you don't care what is going to be the price that you're going to buy your shares on you just simply place the market order the broker dealer who uses payment for order flow takes the the stock take your order right and sends the order to wholesal and G said that we don't even know what kind of of of pricing you're going to get right because you didn't put the limit order you didn't set the standards for how order will be fulfilled right so this why the whole s just open the books and they just simply give it back to the broker and then you have your confirmation on your broker right this is how uncertain you know the prices and the gaps and even G gu they confirm that there is no such in case of free uh stock trading free execution so on and so forth everything is kind of priced on the path from you placing the order all the way back from wholesaler executing your order and seeing it in your portfolio in the broker we just simply uh we don't know on which part of the whole process we got charged or this is simply priced into the actual order the thing is that when you place a limit order then you kind of Wonder I want to buy 10 shares for $10 a share I'm not going to spend more than $100 right so this is the moment when you kind of Wonder okay so when you set the standards then the broker dealer has to find a wholesal who is willing to sell the shares to find the shares on the lower prices so they most likely going to be able to make money again guys we're not vlat we're not managing or or you know establishing a broker firm we don't know we speculate but just think about it to make things to make sense they have to go through the books look at for the wholesalers who have this stock and who are willing to give us this tag for let's say eight bucks or nine bucks right so we will be able to make make at least a p or pack 50 or $2 per each share so this is how I'm going to be able to get the $100 for 10 shares in my portfolio and the broker dealer will be able to make the spreads and I don't know how the wholesaler will be able actually to make its own profits on the site this is why g g illustrate that everyone should be pretty aware that the market is not fair in just I am crushed the GRE way Su M Justice in the Wall Streets never [Music] see New York Angelo hero in the fre fist made of iron crush the greed away suit Shar Mass tight Justice in the air Wall Street feelings never see them un prepared in the boardrooms they tremble fear CS golden Watchman Angelo is here numbers just big it's clear stealing from the people their careers disappear New York Angelo Wall Street fighting with passion dolls in the rain eom keeping jce F angel thank you STS manipulated profets run wild Angelo steps in stop sches wild Secrets under the table talking so dece he breaks the ledgers makes the wrong Retreats for every s and every dream T apart this fin fighter got a love in his heart brothers and sisters get them man New York Angel no [Music] is together with the people rising from the street cleaning the corruption making justce sweet every Crook in a suit knows his dreaded name New York Angelo in the hero Hall of Fame New York Angelo Wall Street find passion dolls in the rain economy keep Justice through F sh loud Angel we thank you [Music] music all New York Angelo when your endeavors New York Angelo Wall Street Spain fighting green with passion dollars in the rain economy savior keeping Justice true folks shouting loud angel thank [Music] you every this financial fight brothers and sisters give here York with with no with no [Music]