September 25, 2021
1. Do you have one or more online trading or investment accounts?
Yes, I have one or more accounts that I access using a mobile app.
2. If your response to Question 1 is Yes, do you think you would trade or invest if you could not do so online using a computer or using a mobile app?
Yes
3. On average, how often do you access your online account?
Once to a few times per month
4. On average, how often are trades made in your online account, whether by you or someone else?
Other.
If Other, Explain:
AMC dimond hands
5. If you access your account online, did you have the account first, and only began to access it electronically later? Or did you open the account with the idea that you would access it electronically immediately?
I had a pre-existing account and downloaded an app or visited a website to access my account
6. My goals for trading or investing in my online account are (check all that apply):
Other
If Other, Explain:
My goal is to Diamond hand AMC and NIO until the hedge funds that are manipulating the stocks have their tactics exposed and brought to justice. Only after their tactics are exposed and real change is brought to the whole market to make it fair for retail will my long term goal matter.
7. What would you like us to know about your experience with the features of your online trading or investment platform? (Examples of features are: social networking tools games, streaks, or contests with prizes points, badges, and leaderboards notifications celebrations for trading visual cues, like changing colors ideas presented at order placement or other curated lists or features subscription and membership tiers or chatbots.)
All that is fine. I hate to say it but this is very boomer thing to focus on. The rest of us have grown up or are growing up with these attributes in many games and learning tools. So it is easier to be numb to what older people will consider visual manipulation to alter what we are thinking or our response to something happening on the trading app. The real issue is the market manipulation and unfair playing field for retail investors. A hedge fund or MM should not be able to re-route our orders from the lit market when they please and be able to bet against them before the orders are executed. AMC averages 60%+ of its daily volume in dark pool transactions that retail investors have no access to. Citadel does not let our buy orders hit the lit market for weeks by slow rolling the buy orders, then they execute in the dark pools to not make the lit market price go up so they can protect their short positions....this is the real issue. Not the U/I of an app.
8. If you were trading or investing prior to using an online account, how have your investing and trading behaviors changed since you started using your online account? (For example, the amount of money you have invested, your interest in learning about investing and saving for retirement, the amount of time you have spent trading, your knowledge of financial products, the number of trades you have made, the amount of money you have made in trading, your knowledge of the markets, the number of different types of financial products you have traded, or your use of margin.)
Eliminate dark pools and PFOF
9. How much experience do you have trading or investing in the following products (None, 12 months, 1-2 years, 2-5 years, 5+ years):
Stocks :
Bonds : None
Options : None
Mutual Funds : None
ETFs : None
Futures : None
Cryptocurrencies : Less Than 12 Months
Commodities : None
ClosedEnd Funds : None
Money Market Funds : None
Variable Insurance Products : None
Business Development Companies : None
Unit Investment Trusts : None
10. What is your understanding, if any, of the circumstances under which trading or investing in your account can be suspended or restricted?
If the market makers or hedge funds that are associated with the app are starting to lose money on their short position they can tell the brokers to block retail investors from executing transactions in order to save the market makers and hedge funds money. Bottom line, not fair for retail investors.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
In 2004 profit for order flow was identified as being anti competitive and a huge disadvantage for retail investors, yet it seems to be okay for the SEC to let manipulation like PFOF and other tactics continue, but have the nerve to ask about flashy apps.