I don't understand, could you explain please, thanks........ You closed trades and then 2 minutes later re-opened them in the same direction, paying Oanda's weekend spreads of 10 pips. Why would you do that? You just spent 40 pips for absolutely nothing! Also your USD/JPY exit was not posted in real-time. If you exited it at the same time as the others it would have been closed at 97.61 5 not 95.90 4, a loss of 298.1 pips not 127 pips, making a total loss of 601 pips -1.94% It's a mystery why anyone would allow profitable positions to turn so negative, and then spend 40 pips closing them and re-opening them two minutes later, could you explain?
Have exited positions at the following prices. Gbp/usd: -38.3 pips Usd/cad: -61.5 pips Usd/chf: -38.8 pips Usd/jpy: -27.1 Classic FX start date 02/08/09 Closed trades, -595.6 pips -1.91%
I am the one who gave Paul $1,000.00 to trade. I believed the guy was honest and I'm a firm believer that everybody needs a break once in a while. I monitored the trades and posted them on Moneytec. I will admit that I did get all my money back with a minute profit. In my opinion, I believe Paul is basically honest but he has a far higher opinion of his trading than what he is capable of. A couple of days ago, I sent him an email telling him to stop saying lies about what happened between us. He responded in typical rude, obnoxious and arrogant manner. I'm tired of his threats, childish tantrums and blatant lies. If anybody is considering investing with Paul / Depth Trade, please PM me. I don't want this to turn into a childish mudslinging battle. I am willing to share my experience and documented information. Good trading to all. Putz
Paul stated that the 20% draw-down was the result of you insistence that he buy spot gold in the account. Obviously it's ridiculous, but you can confirm or deny it here. http://www.elitetrader.com/vb/showthread.php?s=&postid=2528128#post2528128
Hi Atticus I never told Paul to buy any metals of any form. He was in control of what was bought and what was sold. I had no control of the account. I needed his authority to be able to get my funds back. Putz
Hi Putz Thanks for putting us in the picture. It seems Paul Chaney / Depth Trade / Pablo is trying to do the same on this forum as he's tried to do on other forums. As he's soliciting for funds I think it's important for potential investors to know what they would be letting themselves in for!
Just to keep it real...... The prices at the time he posted to say the trades were closed: GBP/USD 1.6480 -209 pips USD/CAD 1.1010 -202 pips USD/CHF 1.0812 -6 pips USD/JPY 95.98 +153 pips start date 2nd August 2009 Closed trades: -865 pips -2.78%
Have entered following positions. Aud/usd: short 0.8321 Gbp/usd: short 1.6537 Classic FX start date 02/08/09 Closed trades, -595.6 pips -1.91%