Teeka Tiwari’s Project DeepwaveYesterday, Teeka Tiwari introduced his new trading service, introduced as Project Deepwave. It is a proprietary data mining and software algorithm that looks at after-hours anonymous private trading systems apparently run by authorized members of the financial industry. The pitch alleges that the system is being used by certain well known parties to enrich themselves at the expense of the individual investor by first, misleading the media as to their beliefs and intentions, and then, executing trades through these private exchanges that are the opposite of their public proclamations. He gives several recent examples and names names. This may be a little bit out of your wheelhouse but was wondering about your take on Teeka, this system, and the apparent abuse of a legally sanctioned system that allows this sort of apparent abuse to corrupt the stock market at the expense of individual investors. Thanks for your thoughts. I of course welcome the thoughts of all irregulars.
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So far I don’t see anything which matches the hype in the video/ad in the recommendations. Looking at the history of recommendations, see more misses than hits…
Can you give us a little more informations about deepwave?
That would be awsome.Thanks
This is a link to the presentation if you have a couple of hours of free time. The basic premise is that certain large stockholders in any number of companies are able to trade anonymously through private exchanges owned by many of the major banks. That, in and of itself is not a problem. However, in at least two instances, which he illustrates, those stockholders have done misleading interviews, prior to trades, indicating that their intentions were the opposite of their subsequent trade actions. The result has been driving up the price of a stock while they sell. Teeka blames the questionable morality of these manipulations for his inability to consistently trade in the right direction or with reliable analysis. What he says he did was to hire IT analysts and mathematicians to sort out the raw data associated with these trades, and from there, develop an algorithm to make a play using the disparity between what the public is doing and what the “dark money” is doing to profit his subscribers. The trades would take the form of PUTS and CALLS rather than simple stock sales and purchases. He documents two instances of the manipulation above in his presentation, one of which involves Warren Buffet. If true, it also calls into question the legality of this entire private exchange structure. I hope this helps. Let me know if you have any more questions. Thanks!
Its essentially options trading and minimum recommended is $1000 per option. The much touted “Make 19k on first dark pool trade” is CLDR, and was no where close to that..I am hoping the recommendations are better going forward.
Agreed, however, as a new service, if his allegations and algorithm are correct, it could have merit. I guess that is what I’m trying to get at. If anyone can poke any holes in his factual argument regarding the private exchanges, or the recent actions of Warren Buffet etal., that would be helpful I guess time, if nothing else, will tell. Thanks
I saw (part of ) the pitch and found it tempting. I don’t trust wall street and find his allegations quite plausible. However, less plausible is his claim to have figured out how to track the “dark money” movements in real time. And I don’t trust Teeka Tiwari, either. I am in awe of his marketing prowess though. He knows just how to push peoples’ buttons. Usually his pitches are aimed toward simple greed, but this “outsmart the crooked system” theme was seemingly built to help me part with my money. However I really can’t afford to lose $2500, and Teeka’s crypto recommendations did NOT pan out; there’s no mbg, only the promise to waste your money differently if you’re dissatisfied; there’s no monthly sub option; there aren’t ANY historical returns to reference. Those are all red flags. I only have to be sensible for a few more hours. Or until his next pitch makes me wonder what i’m missing out on…but the part of my brain that works assures me the only $20 grand being made from his first prediction will be sitting in Tiwari’s bank account, not mine.
Michael, perhaps this is of interest to you. I wonder if Palm Beach Group may be double marketing the same algorithm/data set at two price points. In the video pitch listed below, they hype Jason Bodner’s Palm Beach Trader at a cost of $2500 for two years (vs. Teeka’s $2500 for 6 months). This sounds similar in theory: “But my system does more than just look at individual stocks. It also looks at the big-money buying and selling in the broad market through its Big-Money Index (BMI).”
You can see the video pitch and offer here:
https://secure.palmbeachgroup.com/?cid=MKT433127&eid=MKT475245&step=start&assetId=AST120602&page=1
Not the same. Bodner is just money flow. Teeka’s is tracking public statements vs contrary activity on dark pools, probably with the help of AI. Don’t be a guinea pig.
I agree. With the hoilday weekend I have not had a chance to read Bodner’s pitch. Thanks for saving me the time. Teeka’s subscription deal was due to expire by now, but either way, I will save my cash for actual investments Thanks!
That could be. I have not seen the other. Teeka’s original deal which ended at midnight Sunday was $2500 for 2 years. $5000.00 per year is the regular price as it is for so many of these services.
I searched the Investopedia and YouTube and I concluded that it can be necessary for BigBoys to trade separately. Theres a good reason. How we can use to profit is what I can focus. In commodities trading I heard they must be what they call “The Commercials” then we are just called “Speculators”.
By this time subscribers of Teeka should be raking! True??? Theres a lady at YouTube whos channel is dedicated with Darkweb or hypertrading. I have too much to read theses days so Im pass….