Can I sue a broker for doing this?

Discussion in 'Chit Chat' started by zorro1, Dec 16, 2007.

  1. zorro1

    zorro1

    It is you who had to go take his meds.
     
    #71     Dec 16, 2007
  2. keep it coming guys, this is hilarious!!
    Better than anything on TV !

    LOL
     
    #72     Dec 16, 2007
  3. So you were right about the trade but you put on too big a size and got fried because of it. That's a classic case of greed.

     
    #73     Dec 16, 2007
  4. zorro1

    zorro1

    How can that be faggot.
     
    #74     Dec 16, 2007
  5. zorro1

    zorro1

    Apparently the meds didn't work. Too bad they don't make stupid pills. However, even if you od'd on them you'd still be stupid.
     
    #75     Dec 16, 2007
  6. Well, let's review

    zorro1/akeyla: I used my entire equity plus maximum available leverage and shorted a penny stock, thereby making the classic newbie mistake of greed/overleverage. I got a margin call and the position was properly closed by my broker who is acting to protect himself and his other clients.

    Can I sue my broker to get my money back?

    the rest of us: that's too bad, next time you should try less leverage and risk less of your equity on one trade. And unfortunately, no, you have no recourse.

    zorro1/akeyla: You are all stupid. You don't understand. If my broker hadn't liquidated me, I would have been up $20,000. Can I sue my broker?

    the rest of us: Ummmm, zorro1, listen... you need to stop and listen for a second. You were massively overleveraged and you were exercising zero risk management. You made a huge error and it ended in disaster. You need to take your lumps and move on and next time try to size your positions correctly.

    zorro1/akeyla: You don't understand English. You pr_ck.

    And you wonder why we seem pedantic? Talking to you is like talking to a 5 year old. You know goddamn well that you fucked up, but you're just sticking your fingers in your ears and saying 'I can't hear you'.

    Get another trading stake together and come on back. We'll be waiting right here for you.

    And next time, try not to make a complete ass of yourself by forgetting which username you're posting under.
     
    #76     Dec 16, 2007
  7. <b>LOL</b>

     
    #77     Dec 16, 2007
  8. Oh Man....you guys are hilarious. The family is upstairs watching "America's Funniest Home Videos".....if they only knew where the entertainment is.

    Your Honor, I'm suing my hooker for giving me crabs.....I'm ROTFLMAO...too funny!
     
    #78     Dec 16, 2007
  9. zorro1

    zorro1

    Look who's talking - Idiot
     
    #79     Dec 16, 2007
  10. Zorro, you gotta give it up. These guys just aren't going to let up. Traders are ruthless you know.

     
    #80     Dec 16, 2007