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I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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  1. #1

    Default Please read...we may have to take the $$$MR. MARKET$$$ site down

    The imminent implementation of GDPR regulations has created a big surge of activity around compliance. A lot of it is news to me in the past week.

    Please take a look at this overview:
    https://premium.wpmudev.org/blog/gdpr-compliance/

    Some quick takeaways:
    -- The MM site needs a new privacy policy that is in compliance with the new regulations.
    -- The MM site can no longer email users who signed up for forum membership. They will need to separately subscribe to a GDPR-compliant newsletter service, like through MailChimp.
    -- The vagueness of what is considered "personal data" in the regulations creates a lot of ambiguity as to what can live on our site.
    -- You need to create a mechanism for any individual user to opt out of tracking cookies, whether for general traffic numbers, for ad targeting or any other purpose.
    -- Users must be given the opportunity to make sure the ads are not tracking their site activities such as pages visited. Since we really have no way of doing this, we may have to take our ads down.

    The punch line is, all of this regulation will most likely doom sites such as this. Without ad revenue, we won't be able to pay to outsource the stuff that will cover our compliance requirements.

    The most immediate impact you'll see is that we will no longer be sending you emails from this site (eg the $$$MR. MARKET$$$ buys and sells). If most of you are on Facebook, what I am considering is to set up a Facebook group where we can continue our friendly and fun dialogue and at least I'll still be able to share my picks with you.

    Your thoughts on this?
    Last edited by mrmarket; 06-18-2019 at 04:28 PM.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

  2. #2
    Join Date
    Jun 2009
    Location
    Earth (Mostly)
    Posts
    301

    Default

    First of all, what ridiculousness all this regulation is for a relatively small site such as this. Having said this, I believe a Facebook group would work well. I suppose individual posts and their replies will have to substitute for the threads you have now. It won’t be as clean, but it will probably work. You could also use Twitter for individual stock alerts. You will probably need to make a Facebook group private, i.e. apply to join, to keep the spammers from flooding it. Finally, thanks for what you do. Your picks and model are top notch and you provide a real service.

  3. #3
    Join Date
    Jun 2009
    Location
    NJ
    Posts
    564

    Default

    I am naive to a lot of this (including website design), but wouldn't the software companies that provide the template for Forums like this institute updates to include GDPR regulations, which not only contains necessary disclosures but also provides the user the options to opt in or out in order to receive specific levels of access and service the site provides? Maybe vBulletin has viable solutions?

    I am admittedly clueless about this as well as avoided social media as much as possible. (I do not even have a Facebook account but guess I would if it was the only way to have access to this Forum!)

  4. #4

    Default

    We're working on it. I think Karel has some solutions.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

  5. #5
    Join Date
    Sep 2014
    Location
    Arkansas
    Posts
    251

    Default

    I've been dealing with this a little bit. So far most of the platforms I've used have updates that allow you to comply. Custom websites and forums would probably need more work.
    Math doesn't lie, but people do.

  6. #6
    Join Date
    Oct 2003
    Location
    Hamilton MA
    Posts
    1,895

    Default

    Facebook will work for me. Or whatever you decide on.

  7. #7
    Join Date
    May 2005
    Location
    northern ohio
    Posts
    3,354

    Default

    Facebook group or whatever, works for me. Please don't go away!

  8. #8
    Join Date
    Feb 2011
    Posts
    17

    Thumbs down I loved your site; loved your picks; GDPR will be obsolete in 2 years

    I am not computer savvy: hate Facebook, hate Twitter


    Goodbye

    Paco

  9. #9
    Join Date
    Oct 2010
    Location
    Columbus, Ohio
    Posts
    199

    Default

    Isn't GDPR a EU regulation? Why do you need to comply with it?

  10. #10
    Join Date
    Sep 2014
    Location
    Arkansas
    Posts
    251

    Default

    Quote Originally Posted by Duniyo View Post
    Isn't GDPR a EU regulation? Why do you need to comply with it?
    What would be the MM version of the "Brexit"? We could leave this dumb EU!!
    Math doesn't lie, but people do.

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