Why SEC Needs To Ban Payment For Order Flow (PFOF)

What The Robinhood Payment For Order Flow "Scandal" Really Exposed. In this video I will explain why Payment for order flow, as per the way Robinhood applies it, is something we as investors can't allow and why it must and should be banned.

Here is the link for the 10% coupon code for TipRanks:

DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching To'ms videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.

[tonysteel]

Payment-for-order-flow has been blatantly abused in the exploitation of the average retail investor, and that is the real issue. They’ve fawked-up and now the rat is out-of-the-bag! 🐀

[miriamstrauss]

I was on vacation for a week and barely looking at my phone/computer, so just catching up on your last week worth of videos now :)

[shadowlove]

Tom Nash 🌞 sunshine to my ears. PFOF banned in Canada as well. "Free Trading" (National Bank) is becoming more accessible without cheap market maker souvenir "Order Flow" component. Yay Tom and shout out to the knowledgeable Patrick Boyle 🔥🔥🔥

[jjay]

This PFOF is why I switched my accounts to Fidelity!
Anything that Maddoff had to do with was corrupt! 🤬👎

[orcinuso]

Tom Nash can break anything down to where a turtle can understand.

[gracechan]

I feel like I heard this last year on the Keiser Report, except he explained it as selling Order Flow data was basically getting Citadel to front run every retail trade by milliseconds.

[tradingarsenal]

NO, it's not an urban legend! There would be no incentive for this much volume if there was no PFOF! Duhh!

[SiriusOne]

TOM "FN" NASH. As always good content. AMC🔥🚀🌕👽

[miguelrodriguez]

I hate how i have to smash the like button every time you say not to do it

[RichoGoMa]

Man, I was staring at your screensaver the whole time!! lol great video as always!

[wwrussell]

Tom, thanks for the vid. PFOF is another example of the cheapest man spending the most money to accomplish the same task while believing he is getting a bargain.

[theknifedude]

Same thing when I was in Columbia. Payment for tourist flow.

[danielmooney]

Patrick Boyle has some great books on Amazon too.

[DekneeGendron]

Thanks for the schooling Tom. I'm about ready to get out of kindergarten class. Great explanation.

[cosmothewonderdog]

I just came back from a two week vacation to Washington state. The first since covid times. Beautiful weather. Fabulous fish. Great hiking. Great food and wine. Legal weed.

[deandevito]

I think the way it is now is fine for most investors. For day traders with high volume then maybe the .003 cent difference per share would matter more. Without commissions I can add a few shares here and there to my favorite stocks when there's dips. There's also direct access brokers out there. I hope they don't change things back.

[productosdesaludybellezaor]

Hey Tom, IMPL just received FDA Approval of migraine treatment, any analisis about it??

[sonsautomotive]

Also there is the problem of the mega brokerages know what everyone is trading....people set up their buys and sells before going to work or going to 20, 000 people want to buy AMC tomorrow....so the big funds buy some options to mirror the is like playing poker and everyone is showing their cards...except the dealer

[macioluko]

PFOF is not evil in itself but it does screw over the retail investors. These middle men have sucked the markets dry for centuries. Toll collectors, market duties and all kinds of other fees have always been a thorn in the side of regular traders. Look at all the wasted value in this process. It’s like you Grandpa having some vodka shots and spilling a bit on every single pour.

[johnnyBGD]

Bernie Madoff souvenir stores, imagine the crap in those stores! Once you left the store your trinkets would disappear! Thanks Tom for the great content!!!👍