BC TRADING
Saved by @ThomassRichards

Today's Twitter threads (a Twitter thread).

Inside: Mexican indigenous telco wins spectrum fight; How apps steal your location; Understanding /r/wallstreetbets; Knowledge is why you build your own apps; and more!

Archived at: https://t.co/6BOyhL3tEj

#Pluralistic

1/

 Join me this afternoon for the launch of the print edition of my 2020 book HOW TO DESTROY SURVEILLANCE CAPITALISM!

https://t.co/8Op6IEocPB

2/
Mexican indigenous telco wins spectrum fight: First Nations treaties do not sign away electromagnetic franchises.

https://t.co/BBsxXuGQe3

3/
How apps steal your location: A deep dive into the murky depths of surveillance markets.

https://t.co/mV7u2FYylT

4/
Understanding /r/wallstreetbets: More than a bull run, a symbiosis of a market maker and market destroyers.

https://t.co/7zr1N4vkjV

5/
Knowledge is why you build your own apps: Outsourcing software development squanders vital understanding.

https://t.co/fb9U6kdS2p

6/
#15yrsago Photographer’s bust-card silkscreened on white-balance cards https://t.co/AeAdoPEOdF

#15yrsago What the LibreOffice fork means for Oracle’s shabby treatment of Sun’s free software projects https://t.co/NMqzXwohco

7/
#15yrsago Danny O’Brien’s Open Source con presentation on Evil https://t.co/XnNA1GTwjF

#10yrsago William Gibson on Stuxnet https://t.co/8ystFfWRRo

#10yrsago Fair use for poets, demystified https://t.co/gQEPxOAsQV

8/
#5yrsago Bill Gates sold rights to the Tiananmen 1989 pictures to a Chinese company https://t.co/6Ne78KoE0y

#5yrsago Guess who donated all the money to Black Americans for a Better Future Super PAC? Rich white men. https://t.co/3vHwKybCwh

9/
#5yrsago Anaheim: the happiest surveillance state on earth https://t.co/lEDn8bVtPr

#5yrsago Microsoft billionaire Paul Allen wipes out coral reef with his superyacht https://t.co/zlVs92OiPB

10/
#5yrsago Florida mayors write to GOP presidential hopefuls demanding action on climate change https://t.co/CtQY0W35V3

11/
#1yrago “A piece of shit”: Government report on Wells Fargo corruption shows top executives’ direct complicity in millions of acts of fraud https://t.co/yqDEMC7zVT

#1yrago A vase ringed with razor-sharp knives https://t.co/z1ErghPDJV

12/
#1yrago “The Art of Computer Designing”: stark, beautiful black-and-white images from 1993 https://t.co/sNm21DiqKb

#1yrago RIP, Jason Polan, who tried to draw every single person in New York City https://t.co/4rNDagrb3R

13/
#1yrago What happens when you steadily ramp up the speed at which you listen to podcasts https://t.co/O7L4xfcBQZ

#1yrago After ransomware took Baltimore hostage, Maryland introduces legislation that bans disclosing the bugs ransomware exploits https://t.co/ZHuXj8xleO

14/
#1yrago The “ops lessons we all learn the hard way” https://t.co/oFygUGqUMS

#1yrago Ajit Pai promised that killing net neutrality would spur network investment, but instead Comcast cut spending by 10.5% https://t.co/x3WtwmEyQq

15/
#1yrago The Catholic Church broke its promise to publish a list of “credibly accused” abuser priests, so Propublica did it for them https://t.co/GkQ9fBnv0w

16/
Yesterday's threads: Casino mogul steals First Nation's vaccine; Facebook champions (its own) privacy; Goldman CEO gets $17.5m reward for $4.5b fraud; and more!

https://t.co/io2BfxOFfn

17/
My latest novel is Attack Surface, a sequel to my bestselling Little Brother books. @washingtonpost called it "a political cyberthriller, vigorous, bold and savvy about the limits of revolution and resistance."

Get signed books from @darkdel: https://t.co/HfWfdx8sIu

18/
My 2020 book "How to Destroy Surveillance Capitalism" is a critique of Big Tech connecting conspiratorial thinking to the rise of tech monopolies and proposing a way to deal with both:

https://t.co/Us0SPxlcmD

Now, it's available in paperback!

https://t.co/x2eXIkUY64

19/
My ebooks and audiobooks (from @torbooks, @HoZ_Books, @mcsweeneys, and others) are for sale all over the net, but I sell 'em too, and when you buy 'em from me, I earn twice as much and you get books with no DRM and no license "agreements."

https://t.co/vpGcSZiPZ2

20/
Upcoming appearances:

* Launch for the print edition of HOW TO DESTROY SURVEILLANCE CAPITALISM, Jan 28, https://t.co/8Op6IEocPB

* Launch for the young adult edition of Edward Snowden's memoir PERMANENT RECORD, Feb 9, https://t.co/BY6hqpJFeO

21/
Recent appearances:

* Monocle Reads https://t.co/ENWPDLYVXg

* Hedging Bets on the Future (Motherboard Cyber):
https://t.co/7YeNDAjLfc

* Applying the Pandemic Mindset to Climate Change:
https://t.co/syTXEF1gFz

22/
My first picture book is out! It's called Poesy the Monster Slayer and it's an epic tale of bedtime-refusal, toy-hacking and monster-hunting, illustrated by Matt Rockefeller. It's the monster book I dreamt of reading to my own daughter.

https://t.co/yQLVua4WkB

23/
You can also follow these posts as a daily blog at https://t.co/iSBh8s9m7q: no ads, trackers, or data-collection!

Here's today's edition: https://t.co/6BOyhL3tEj

24/
If you prefer a newsletter, subscribe to the plura-list, which is also ad- and tracker-free, and is utterly unadorned save a single daily emoji. Today's is "🥉". Suggestions solicited for future emojis!

Subscribe here: https://t.co/TwPzz87nAw

25/
Are you trying to wean yourself off Big Tech? Follow these threads on the #fediverse at //twitter.com/[email protected]." target="_blank">@[email protected].

Here's today's edition: https://t.co/HnXzn1iWrm

26/
Today's top sources: Nat Torkington (), Naked Capitalism (https://t.co/iNjUCBfMr0).

eof/

More from Cory Doctorow #BLM

Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
When they write the history of this era, one of the strangest chapters will be devoted to Uber, a company that was never, ever going to be profitable, which existed solely to launder billions for the Saudi royals.

1/


From the start, Uber's "blitzscaling" strategy involved breaking local taxi laws (incurring potentially unlimited civil liability) while losing (lots of) money on every ride. They flushed billions and billions and billions of dollars down the drain.

2/

But they had billions to burn. Mohammed bin Salman, the murdering Crown Prince of the Saudi royal family, funded Softbank - a Japanese pump-and-dump investment scheme behind Wework and other grifts - with $80B as part of his "Vision 2030"

Vision 2030 is a scheme to diversify Saudi wealth away from hydrocarbons by attempting to establish monopolies that will allow the family to control entire sectors of the global economy.

4/

These schemes are longshots, and the fallback position is to unload failed monopolies - with staggering debt-overhangs - on investors who've been suckered with the promise that really big piles of shit surely have a pony buried underneath them somewhere.

5/
UBER
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Happy Birthday to the queen of the scream queens, Barbara Steele! https://t.co/qnhQvROGVa


Happy Birthday to the queen of the scream queens, Barbara Steele! https://t.co/qnhQvROGVa


Happy Birthday to the queen of the scream queens, Barbara Steele! https://t.co/qnhQvROGVa


Happy Birthday to the queen of the scream queens, Barbara Steele! https://t.co/qnhQvROGVa


Happy Birthday to the queen of the scream queens, Barbara Steele! https://t.co/qnhQvROGVa
HISTORY
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Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
When it's railroading time, you get railroads.

When the railroads turn into the personal satrapies of rail-barons, you get trustbusters.

A couple decades ago, it was online service time. We had the users, the telcoms systems, the computers, the modems, so we got platforms.

1/

We had that, but we lacked something important: effective antimonopoly enforcement. Lax merger laws allowed companies with access to capital markets to buy out or neutralize all their competitors, so we got monopolies.

Right on schedule, we're getting digital trustbusters.

2/

Now, some people aren't technically sophisticated, but they do understand a lot about competition law. That's how you get meat-and-taters antitrust proposals like @amyklobuchar's #CALERA, which address the structural problems with antitrust

Klobuchar's bill is hugely important. The reason we have monopolies is that we stopped enforcing anti-monopoly law 40 years ago. Monopoly isn't a tech problem, it's everywhere from sneakers to glass bottles to pro wrestling to candy to

Klobuchar's CALERA doesn't just seek to apply antitrust law to tech - it also explicitly restores the pre-Reagan basis for fighting monopolies: we fight monopolies because they concentrate power and corrupt our politics. All monopolies are guilty unless proven otherwise.

5/
SOCIETY
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Inequality requires narrative stabilizers. When you have too little and someone else has more than they can possibly use, simple logic dictates that you should take what they have.

1/


The forbearance exercised by the many when it comes to the wealth of the few isn't down to guards or laws - rather, the laws and the guards are effective because of the STORY, the story of why this is fair, even inevitable.

2/

Think of the story of monarchy and its relationship to the Church: the Church affirms that the monarch (and the aristocracy) was chosen by God ("dieu et mon droit") and the monarchy reciprocates by giving the Church moral and economic power within the kingdom.

3/

Capitalism replaced the story of divine will with a story of a self-correcting complex system: humans are born and raised with a variety of aptitudes and tastes, and at any moment, historical exigencies dictate that some individuals are better suited than others to do well.

4/

When it's railroad time, there are people who were born to oversee the laying of track and the coordination of rail networks: markets find those people, allocate capital to them, and allow them to mobilize that capital to produce shared prosperity for all of us.

5/
CULTURE
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
2018 was almost the year we won the #RightToRepair.

Instead, 2018 turned out to be the year we lost #R2R: 20 bills defeated in 20 state houses, and it was mostly @apple's fault.

1/


Apple has a problem. As CEO Tim Cook warned his investors at the conclusion of his company's repair-killing lobbying spree, Apple's profits depend on people throwing away their devices, not fixing them.

By monopolizing repairs, Apple doesn't just get to gouge you on parts and service - the real action is in pronouncing your device DOA, beyond repair. Then you have to buy another one.

3/

Other companies lobbied hard against R2R: John Deere, GM, and other monopolists backed Apple's play. But Apple wrote the playbook, coming up with risible bullshit like claims that blocking independent repair is essential to protecting

Apple's anti-repair FUD got picked up and amplified by Big Car in 2020, when they spent millions fighting an automotive R2R ballot initiative in Massachusetts, claiming that letting independent mechanics at your car would lead to your actual MURDER.
BUSINESS

More from Trading

Trader knight
Trader knight
@Traderknight007
Like humans , stocks too have different nature and if you are trading every stock the same way then this thread may be for you.

A thread on Nature of stocks and how it can help you to improve your trading results.


First start with what is the nature of stocks ?

I broadly categorize stocks in two categories-

1. The momentum stocks-

These are the stocks where most of the moves are swift in nature, or we can say that the pullbacks in a trend are smaller.

2. The AKBC stocks-

These are the stocks where most of the trending moves comes with deep pullbacks.


Examples-


So the purpose of categorizing these stocks, is that we Trade those stocks/instruments which are more suited to our style.

Say if you are a mean reversion player and you are trading in the momentum stocks category then you are more bound to lose over large number of trades.
TRADING , ALL
Trader knight
Trader knight
@Traderknight007
THE TRADER'S EDGE: THINKING IN PROBABILITIES

Casinos make consistent profits day after day and year after year, doing something random

At the same time, most traders believe that the outcome of the market's behavior is not random,yet can't produce consistent profits

Thread 🧵


What casino owners ,professional traders know is that probable outcomes can also produce consistent results if you " Have an edge" and trade on a large enough sample size.

The best traders treat trading like a numbers game.

1. To illustrate, let's look at the game of blackjack-


In blackjack, the casinos have approximately a 4.5-percent edge over the player.

This means that casinos will make profit over a large enough sample size, even after several winning streaks and big profits of many players.

At the end of the day, week, month, or year, the casino always ends up with approximately 4.5 percent of the total amount wagered.

That 4.5 percent might not sound like a lot, but let's put it in perspective.

Suppose a total of $100 million dollars is wagered collectively at all of a casino's blackjack tables over the course of a year. The casino will net $4.5 million.

What casino owners and pro traders understand about the nature of probabilities is that each individual hand played
TRADING
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Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
There is no shortage of takes about what's going on with Gamestop (and other surging stocks), Robinhood and Reddit's r/wallstreetbets, many of them contradictory - at least on the face of them. But I think it's possible for most of these takes to be right. Here's how.

1/


First you need to understand the underlying mechanics of the story. Stock markets are fundamentally a way of making bets, including bets on the outcome of other peoples' bets, and bets on the outcomes of THOSE bets.

2/

All this complexity creates lots of exploitable opportunities. Some of these opportunities are considered legitimate and are given respectable names like "arbitrage." Others are considered illegitimate, and are called disreputable things like "stock manipulation."

3/

A hypothetical Martian observing all this through a telescope could not tell you which kinds of bets were honest and which were dishonest, because the difference isn't about any objective standard, but rather, about power.

4/

The strategies of powerful people are legit, while the strategies of their would-be dethroners are not legit. Sometimes, even outright frauds are OK if they're done by people with enough power.

5/
TRADING , STOCK MKT
The Chartians
The Chartians
@chartians
There are more than 5,000 YouTube channel related to stock market learning.

These are Top 5 underrated YouTube channel that will definitely help you in trading and investment.

1st one is our favorite, and you shouldn't miss subscribing to it.

A Thread 🧵:

1/ KA Charts:

This channel belongs to our mentor @KA_charts who has helped us immensely in the stock market, haven't seen anyone yet who understands and read PRICE ACTION.

He handles a fund size of more than 300CR.
One of the best YouTube

2/ Strategic Stocks:

This channel is highly underrated, this channel backtests all the popular strategies of all the top twitter traders for eg 5EMA of Subhashish Sir, Ghanshyam sir 9:20AM option strategy, every top free strategy out there is

3/ Power of Stocks - Subasish Pani

Do we even need to tell you guys anything about this man. We have all seen his journey from making 2000-4000 a day to now making 1 CR a day. Genuine skin in the game guy.

4/ TastyTrade:

Everything about Future and Option Trading is being shared by them. It can be a complete library for a trader who want to learn F&O trading. If you want to understand the vast of world of options look no further.
TRADING
Trader knight
Trader knight
@Traderknight007
Overthinking - The art of creating problems which weren't even there.

Thread on How Over-analysis leads to decision Paralysis-


What is Analysis paralysis?

In simple terms, analysis paralysis is a person's tendency to over-analyze or over-think upon a decision to such an extent that he/she fails to make a choice resulting in a paralyzed state of inaction.


How a retail trader trades-

A trader named Rahul, He know all the basics of markets, He also has made a system which gives signals on nifty, he has also encorporated good Risk management and Position sizing into his system.

One day he gets a signal to buy Nifty at 13500 with stop at 13450, he wanted to take the trade, but he wanted to get sure that the trade he has take should be a winner.

So he says just let me check the RSI if its above this level I will buy , he checks it and it was above his

level, then again he wants to check another indicator named MACD, he wanted to get sure man, Now he do the most intelligent thing to get sure he gets right.

He goes to twitter and ask his twitter Friend Trader knight he ask him that should I buy nifty at 13500,
TRADING

You May Also Like

Steve Stewart-Williams
Steve Stewart-Williams
@SteveStuWill
THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
LIFE
Greg Olear
Greg Olear
@gregolear
Trump is a Russian asset, a mob money launderer installed by his mob whoremasters to sow chaos and weaken the US & our allies.

EVERY SINGLE THING HE’S DONE since taking office is to achieve those purposes—that and to enrich himself personally.

[THREAD]


1/ His entire family is part of this. Melania is a fucking crook. Ivanka is a fucking crook. Junior and Gums are fucking crooks. They will all die in prison, except for Kushner, who, if he really *did* trade US intel for money, should be executed for espionage.

2/ Why do you think Trump installs uniquely corrupt & awful people to Cabinet positions? Pruitt, Zinke, Betsy, Rex/Pompeo, Wilbur "Melting Nazi Face" Ross. They are not there to serve us. They are not there to drain the swamp. They are there to BURN THE REPUBLIC DOWN.

3/ Trump steals. He takes taxpayer money—your money and mine—and lines his pockets with it. He exploits his office to make himself richer. This is all he cares about. Why are Republican citizens, you “fiscal conservatives,” not more angry about this? Riddle me THAT, #MAGA.

4/ Matt Whitaker, the human dildo and “acting AG,” was illegally installed to throw a monkey wrench in the Mueller investigation. That’s why they won’t release his financials. He’s fucking bought and sold. He’s going to prison for obstruction.
POLITICS
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Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Mangottu Bhagavathi Temple
#Palakkad #Kerala
#keralatemples 🚩

Mangottu Bhagavathi Temple is situated in Athipotta near Alathur of palakkad district. Devi is kshipraprasadi here and grants relief to those who worship with full faith.
Mookken Chathen, situated on the Northern 👇


side of the temple, is guarding Devi here.
Story says that, once there lived a weaver named Kuttan who was a Devi Bhaktan. During one festival time Kuttan was so pleased by the Devi Vigraham that he requested her to come along with him. At that time wind blew heavily and Cloths


in Vigraham flew. Kuttan immediately decorated Devi with his cloth which stuck to Vigraham and returned to his village and with his Umbrella. Devi came with him in that Umbrella and stayed in his place. This place is Mangottu Bhagavathi temple now.

Amme Narayana
🙏🕉🙏
ALL
Brian Cates
Brian Cates
@drawandstrike
Trump is gonna let the Mueller investigation end all on it's own. It's obvious. All the hysteria of the past 2 weeks about his supposed impending firing of Mueller was a distraction. He was never going to fire Mueller and he's not going to


Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.

Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.

Mueller's team was 100% partisan.

That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election

They looked high.

They looked low.

They looked underneath every rock, behind every tree, into every bush.

And they found...NOTHING.

Those saying Mueller will file obstruction charges against Trump: laughable.

What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?

THERE WEREN'T ANY.

Mueller got full 100% cooperation as the record will show.
POLITICS
Brian Cates
Brian Cates
@drawandstrike
Great article from @AsheSchow. I lived thru the 'Satanic Panic' of the 1980's/early 1990's asking myself "Has eveyrbody lost their GODDAMN MINDS?!"


The 3 big things that made the 1980's/early 1990's surreal for me.

1) Satanic Panic - satanism in the day cares ahhhh!

2) "Repressed memory" syndrome

3) Facilitated Communication [FC]

All 3 led to massive abuse.

"Therapists" -and I use the term to describe these quacks loosely - would hypnotize people & convince they they were 'reliving' past memories of Mom & Dad killing babies in Satanic rituals in the basement while they were growing up.

Other 'therapists' would badger kids until they invented stories about watching alligators eat babies dropped into a lake from a hot air balloon. Kids would deny anything happened for hours until the therapist 'broke through' and 'found' the 'truth'.

FC was a movement that started with the claim severely handicapped individuals were able to 'type' legible sentences & communicate if a 'helper' guided their hands over a keyboard.
CULTURE


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