BC TRADING
Saved by @SteveeRogerr

(1/25) A number of Silicon Valley investors are putting their money and influence into a campaign to gaslight rape victims into not seeking medical treatment

despite the warnings of top law enforcement officials

and NOBODY is talking about this.

 (2/25) First, a little about me. I used to be a licensed sexual assault crisis counselor, counseling victims admitted to one of three Minneapolis emergency rooms.

After I'd speak to the victim, they'd receive a medical exam from a Sexual Assault Nurse Examiner (SANE).
(3/25) During the exam, DNA and other evidence is collected with a "rape kit" to optionally be used in a civil or criminal case.
(4/25) But collecting evidence is not the ONLY reason to receive an exam.

The victim may also receive:
- counseling (hello!)
- treatment for (potentially invisible) injuries
- medications like Plan B and emergency antiretroviral therapy for HIV prophylaxis.
(5/25) Leda Health, a startup cofounded by Madison Campbell and Liesel Vaidya, is raising money to sell "do-it-yourself" rape kits that wouldn't require a hospital visit

which is possibly the most HARMFUL startup idea that I have ever heard of.
(6/25) Leda Health's marketing is misleading to victims and may cause them to not seek critical and time-sensitive medical treatment.

Furthermore, rape kits in a hospital are protected. There needs to be a strong "chain of custody" or the kit will not be admissible in any court.
(7/25) The problem with any do-it-yourself rape kit is that it is impossible to guarantee that it has not been tampered with.

Such a kit cannot be admissible in court and may harm other efforts to collect evidence.
(8/25) Campbell has repeatedly been misleading about her kits' admissibility in court.

Leda Health used to be called "MeToo Kits" and they were widely panned in the press for both their tasteless name and their nonsensical plan.

https://t.co/LrGgiCaJGK

https://t.co/3rk0rK2sgF
(9/25) These are some victim advocacy orgs have criticized MeToo Kits:

- Minnesota Coalition Against Sexual Assault
- End Rape on Campus
- New York City Alliance Against Sexual Assault
- The Aurora Center (my old org)
- National Alliance to End Sexual Violence
- HAVEN
- CAPPA
(10/25) Governments have also sharply rebuked MeToo Kits:

Michigan Attorney General Dana Nessel issued a cease-and-desist to MeToo Kits under the Michigan Consumer Protection Act--arguing that MeToo Kits "misleads victims."

https://t.co/EO0Xpcx1Q6
(11/25) MeToo Kits received similar responses from attorneys general in Virginia, North Carolina, New York, and Oklahoma--and the Manhattan District Attorney's Office.

https://t.co/P6K9tmoBhU

https://t.co/5dFHnXoiJ5

https://t.co/IhQk5Ffw04

https://t.co/BJhHPp7d74
(12/25) Even members of Congress have responded.

Congresswoman Sylvia Garcia and 15 colleagues sent a letter to Madison and MeToo Kits warning about the medical and legal issues of DIY rape kits.

https://t.co/TPC64uSmuD
(13/25) Campbell never says out loud that victims shouldn't go to the hospital,

but as per the attorneys general and district attorneys, she doesn't have to.

The kits are misleading nonetheless.
(14/25) While victim advocates, law enforcement officials, and members of Congress aren't falling for Campbell's claims, Silicon Valley tech investors are.

Campbell rebranded "MeToo Kits" to "Leda Health" and started raising money.
(15/25) Campbell is also a member of On Deck (https://t.co/iy7yZpmhlp)--a fellowship aimed at training the tech executives of tomorrow.

They just redesigned their website, and Campbell is a featured case study.
(16/25) When MeToo Kits rebranded to Leda Health, they removed information from their new website.

Later, Campbell insisted in an interview that the kits would be "encrypted and backed with blockchain technology."

as if that were the real problem.

https://t.co/3ZTVBDweA7
(17/25) Blockchains are a solution for establishing chains of custody for digital assets like Bitcoin

but they don't solve the chain of custody issue for biological evidence of a crime.
(18/25) The Sexual Assault Nurse Examiner serves as an approximately neutral party and the hospital is physically secure enough to guard against tampering.

DIY kits or "the blockchain" will **NEVER** achieve this, and Campbell is being misleading about this to raise money.
(19/25) It's not clear if Leda Health has pivoted away from selling fake rape kits, but what little public evidence is still available indicates they haven't.

Last August, they applied for a USPTO trademark for marketing rape kits.

https://t.co/iJi2VqBZeq
(20/25) There is also Campbell's Twitter, where she is building the rape kits "in public."

#BuildInPublic
(21/25) But even if they have pivoted,

given Madison Campbell's commitment to selling inadmissible kits

even after being censured by law enforcement officials and members of Congress,

we can't trust her to not break the law in the future.
(22/25) The way to improve the system is to train more Sexual Assault Nurse Examiners and increase the throughput for processing cases.

DIY kits or the goddamn "blockchain" are false flags. Their marketing misleads rape victims and is a danger to the justice system.
(23/25) Law enforcement action against the company, like the cease-and-desist from the Michigan Attorney General, did not stop Campbell from continuing on a path that may harm rape victims and possibly violate US law.
(24/25) This might be a legal fantasy, but I think the only solution is for the government to pierce the corporate veil

and pursue individual criminal charges against founders Madison Campbell and Liesel Vaidya.
(25/25) And for the investors?

They're all people I respect. I hope they aren't mad at me. I'm assuming they just didn't know what they were getting into.

But as a philosopher once said,

the road to... tampering evidence in rape cases... is paved with good intentions.

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A THREAD ON SL, TSL AND RE-ENTRIES-


WHERE TO PUT THE SL-

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Normally I use this method for placing sl, In this method we use swing point for placing the SL.

As normally the stock would not try to go below previous swing point if it is to go in our direction.


2. ATR method-

Sometimes the Stock do not have any nearest pivot at time of buy, So we use this method as it gives us a level on basis of current volatility of the stock.

I use 1.5 ATR away sl , say the ATR at point of entry is 30, so I place sl
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@javia_savan You answered it yourself 🙂
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Trader knight
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@Traderknight007
"90% of the traders lose money, But do they lose it all the time?"

Most of them do make money, its just that they give it all back.

Lets analyze why and how a trader makes and loses money
[Thread]:

Below is the equity curve which is most traders dream.


This is equity curve of an average trader:

Most traders do make money, but they give it back to the markets .

Because of trading errors.

What are trading errors?


Trading errors are those errors which happen because of wrong Position sizing, Leverage , etc.

I am not making this up, check your P&L, 90 % of your losses would have come from less then 10% trades.

Most of these happen because of No knowledge, No plan, bad position sizing .

Now, we know what's the problem, lets talk about the solution.

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Learn How to use Support and resistances
Learn How to use trend lines
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Saturday Thread Time.
Re-Read interview of Ed Seykota from @jackschwager
book "Market Wizards". It's the most philosophical interview among all interviews. Needs to re-read it over and over.
@vivbajaj Sir, a re-tweet would be highly appreciated.

1. Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible

2. The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

3. The profitability of trading systems seems to move in cycles. Periods during which trend-following systems are highly successful will lead to their increased popularity.

3.1 As the number of system users increases, and the markets shift from trending to directionless price action, these systems become unprofitable, and undercapitalized and inexperienced traders will get shaken out. Longevity is the key to success.

4. In order of importance to me are (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell.
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