how to NOT take responsibilty

Discussion in 'Trading' started by Mdtbyk, Sep 2, 2018.

  1. destriero

    destriero


    Dude, buy garbage puts in ES. My God man, take some f*cking responsibility.
     
    #31     Sep 2, 2018
    MattZ and Mdtbyk like this.
  2. Mdtbyk

    Mdtbyk

    With no offense you making it sound like I’m looking to screw over the broker .... so I’m NOT I just want to protect myself if the brokers screw up and do something wrong because they won’t be there to help you to clean up and I’m just saying to ALL of you I’m not a big trader but I do have a big buisness in real estate ALWAYS KEEP YOUR ACES CLOSE happy trading all
     
    #32     Sep 2, 2018
  3. Simples

    Simples

    At the retail level most brokers are shit and will pass faulty transactions unto your accounts, even for their own technical glitches. For us who are not banks, that risk and costs need to be taken into account. If you are too big to fail, even the exchanges will rollback for you.

    Nobody is saying this is fair business. I do understand the need to prevent extra losses, but seems such level of service is abnormal.
     
    #33     Sep 2, 2018
    Mdtbyk likes this.
  4. tomorton

    tomorton


    You're in the US, you're on your own mate.
     
    #34     Sep 2, 2018
  5. manonfire

    manonfire

    The markets is able to operate because of guarantees and assurances that counter parties perform. If what you are suggesting was possible the market would not exist.
     
    #35     Sep 2, 2018
  6. Robert Morse

    Robert Morse Sponsor

    You lost me on this one.
     
    #36     Sep 2, 2018
  7. treeman

    treeman

    Translation: He thinks it’s the brokers fault they didn’t liquidate his positions after he busted. He shouldn’t be allowed to have a margin account.
     
    #37     Sep 2, 2018
    MattZ likes this.
  8. You shouldn't be responsible for more, are you margin trading? I use JAFX as my broker and they will cut it short before that can happen.
     
    #38     Sep 3, 2018
  9. Mdtbyk

    Mdtbyk

    I use IB and i have an account of 50k but it’s playing money the thought that I can lose more then the 50k makes me feel not good
     
    #39     Sep 3, 2018
  10. Then give me 25 and play with 25, if you`ll lose more i`ll give you some.
     
    #40     Sep 3, 2018