Robbed Blind! How Our Unfair Markets Exploit Investors Like You | HFT Expert Joe Saluzzi (PT1)

WATCH PART 2 (https://youtu.be/6XkPWfhlMsM) & then SCHEDULE YOUR FREE PORTFOLIO REVIEW at https://www.wealthion.com/

HFT Expert Joe Saluzzi explains how our unfair markets exploit investors like you. Institutional trader and market structure expert Joe Saluzzi explains how the plumbing of today's financial markets works, exposing the unseen parties that profit off of the unsuspecting majority of investors. Dark pools, high frequency trading algorithms, pay for performance -- there's an arms race underway in which both the regulators and general public are hopelessly outgunned.

There’s an invisible war being waged in the financial markets every day.

Tremendously deep-pocketed and politically-connected players use Big Data, dark exchanges and microsecond trading advantages to exploit daily trading activity.

Their actions make investing risker and more costly for everyone else -- but not only can’t we see it, it’s often cloaked deceptively as innovation “good for the consumer”, like the practice of Payment For Order flow, which makes possible the commission-free trading that firms like RobinHood are using to draw in millions of first time investors.

Today, we're going to talk about the plumbing of that system. How it runs and how, in many ways, it operates in ways that most of us don't see or understand. And how, in many cases, this obscurity and what goes within it further slants the odds against regular investors like you & me.

We're fortunate to be joined today by Joe Saluzzi, partner, co-founder and co-head of equity trading of Themis Trading LLC, a leading independent agency brokerage firm that trades equities for institutional money managers and hedge funds.

He is also the co-author of Broken Markets -- How High Frequency Trading and Predatory Practices on Wall Street are Destroying Investor Confidence.

The interview then continues in Part 2, where Joe gets into the specifics of dark pools, high frequency trading, what was responsible for the recent flash crash in gold -- and why the likelihood of seeing more such flash crashes in the markets going forward is high.

Joe also gives a strong prediction on whether or not the SEC will approve a Bitcoin ETF within the next year.

As always, we recommend working under the guidance of a professional financial advisor who understands and appreciates the threats and risks discussed in this interview. You’d be surprised how few do.

If you already have a good one, great, stick with them. But if not, consider scheduling a completely free no-strings-attached consultation with the financial advisors Wealthion endorses -- the same ones who join me on this program every week to share their latest thoughts on the market.

Schedule your free portfolio review with Wealthion's endorsed financial advisors at: https://www.wealthion.com/

Follow Joe on Twitter @JoeSaluzzi

At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.