Thread on how easy it is to get tricked into haemorrhaging money from your bank account after an online purchase – and why financial regulators seem to be behind the curve on this.🧵💸💻
Forgive the personal story, but I think it's relevant...1/
Yet it’s not always enough.
While looking through a list of transactions on my online account before Xmas I noticed a £15 payment to something called "WLY*https://t.co/tSHitonwoT" ...3/
I downloaded my entire statement for the year and discovered I’d made a payment to this entity for the
same amount every month for 14 months, so £210 in total...4/
This is not, to put it mildly, the kind of scheme I would ever knowingly sign up to....5/
I’d zero recollection of doing so....6/
See here:
https://t.co/LisluqZuZt
And here https://t.co/7YNCySY0fS: 7/
But is it ethical?
And should well-known retailers like Trainline be partnering with an organisation like this?...10/
https://t.co/Xd0ZnsLNFi
https://t.co/JRq6JmpJ5H
Readers can draw their own conclusions about whether Trainline is a safe space online....14/
https://t.co/8tmC5K5nHz
https://t.co/BHvg1uzgHy
I believe there are.
Why, despite my keeping a regular eye on my online account, didn’t I spot the payments on my bank statement sooner?...16/
Identifying a relatively small outgoing nowadays is much harder in the morass of payments data...17/
https://t.co/QmGEhrV1sg
But who regulates Complete Savings/Webloyalty/Affinion? 21/
"Subscription/cashback services for retailers would fall outside our remit and this means that our rules don’t apply to these firms and their business falls outside our jurisdiction"...22/
Perhaps you think if I did not immediately notice £15 leaving my account each month I’m well-off enough not to have anything useful to say to people who are financially struggling...23/
But I honestly don’t think it’s unreasonable to conclude that if it can happen to me it can happen to anyone....24/
More here for @IndyVoices:
https://t.co/O3PepQhfM5
ENDS/
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Two year back thread on MFI, someone liked this so came up in notifications . Rather than running around 100s of indicators, I have made this my go to indicator under any circumstances and have been using this for years
This thread actually had some great answers , one can learn a lot about the thought processes of different traders from the answers. Please go thru them
What do you think/use as the most robust leading indicator if following technical analysis ? Please answer with reason , I will provide my answer after 2 hours
— Subhadip Nandy (@SubhadipNandy16) August 12, 2019
( At Delhi airport , bored as hell )
This thread actually had some great answers , one can learn a lot about the thought processes of different traders from the answers. Please go thru them
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THE MEANING, SIGNIFICANCE AND HISTORY OF SWASTIK
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.