Lost half of my years salary in a week!

Discussion in 'Forex' started by acdspit00, Oct 31, 2006.

  1. DO NOT, I repeat, DO NOT, return this man's money to him.
    He took a stupid risk in trusting a stupid forum mod who clearly had no idea what he is doing. This is the lesson he must learn.
    Losing is acceptable - being scammed is not. But it's time to call a spade a spade.

    Maybe I'm wrong Mike, but your trades are clearly baloney as the market never traded in the areas where you claim to have traded them.

    Your bucketshop claims of 'easy money' and 'you'll grow rich' and all that bullshit is simply a testament to the lowlife that you probably are.Why would you make things in the FOREX world look so easy? Obviously they are NOT. Clearly, it's to attract virgins, widows and orphans to your world.

    I don't want to trade your account. Let me think about it overnight....OK... Yeah....
     
    #221     Nov 3, 2006
  2. Surdo

    Surdo

    Just for pure entertainment, I would love to see the "actual" trades posted from a screen shot from the platform.
     
    #222     Nov 3, 2006
  3. This is amazing stuff here!

    Hmmm...trading forex with a "riding out the storm" no-stop?

    Not sure that the Mr Market mentality of "it ain't a loss till you sell" works with 100:1 leverage. Oh sure, it'll work a few times, then... :p

    [​IMG]
     
    #223     Nov 3, 2006
  4. ====================================

    pohpoh,

    ask the man who you accuse me of scamming where everything is trading --- then set your inner time clock to "trend analysis over an intermediate term" and then, when all is said and done and you have perhaps taken some time to check MY "fundamentals" and very enviable record of picks and forecasts you might, just possibly, change your opinion.

    Im sorry I was not a member of this board, because after a few years of what i do on other boards, you would have been used to what I say and how I work, but you lack that experience with me and so I fully understand your thought processes on this subject.

    the only thing i regret, because I was too busy trying to show the truth of the original allegations, was that I did not give the reversal point --- while vernturing here among the slings and arrows, it simply skipped my mind or as is often said, "when youre up to your ass in alligators its often easy to forget that your original intention was to merely drain the pool !"

    I fully understand the verpitude that has been aimed in my direction, and without all of the information and had the positions been reversed, I prob would have reacted as most here have (although with much more restraint and a large dollup of investigation)

    anyone who had paid the slightest attention to what was happening would have seen the run on the dollar had ebbed, that the shorts were covering and that todays economic news for the dollar would be good and would radically alter market sentiment (which is ONLY based on how and where money can be made, but enough of that psychology lesson !)

    Once again, I apologize to the original poster -- he was hurt and confused and in a market where his holdings were going against him and his equity was vanishing -- the TRUE reasons for what happened may never be known, but I published a link to a site that rates most brokers, and FXXD and the very problems i pointed out, stands out for its abuses of accounts -- you should read it !

    I stand on my record which is unknown to this board, but well known on many others and while often "UN usual", has for many years been proven to be correct and recognized as an asset to the board i live at !

    SINCE WE SEE SO MANY PUMPERS AND SCAMMERS OUT THERE, IT IS PERFECTLY NATURAL FOR A GROUP, KNOWING NOTHING ABOUT ME OR MY BEHAVIORS OR PAST RECORD, TO FEEL THAT I AM ONE ALSO ! It is normal human behavior, although the amount of Iodine that i have applied to the tooth marks on my butt has become a major cost of doing business for the past few days !

    In closing, I AM SO DIFFERENT FROM WHAT YOU HAVE ALL BEEN EXPOSED TO, THAT WITHOUT KNOWING ME FOR SOME TIME THE GROUP WAS INCAPABLE OF SEEING A TRUTH THAT IS SO VERY RARE IN THE FINANCIAL MARKETS ---- A PERSON WHO ACTUALLY CARES ABOUT OTHERS AND PROVIDES TOOLS AND KNOWLEDGE SO THAT OTHERS MAY MAKE MONEY ALSO. At least one of your members (and is that the viper I know ?) was smart enough to do some background checking to point out that i was prob not a scammer, but simply one with no comprehension or knowledge of trading ! Concepts and ideas differ tremendously in this market, but right now one had better get to their charts and enjoy the anticipated re-surfacing of the dollar before they buy too late and get caught in a selloff !

    PLEASE give the next person who comes through this portal some respect, until you have settled on proof of their misdeeds !

    TRADE WELL MY FRIENDS, BUT ALWAYS ENJOY IT !

    mp
     
    #224     Nov 3, 2006
  5. Chood

    Chood

    Verpitude?
     
    #225     Nov 3, 2006
  6. ddunbar

    ddunbar Guest

    I know right? That word cost me points.
     
    #226     Nov 3, 2006
  7. Tums

    Tums

    a broken clock calls the time correctly twice a day.

    you sure didn't call this one correctly though.
     
    #227     Nov 3, 2006
  8. I don't know whether to laugh or cry at your posts.

    Different strategies suit everyone as after all that is why there is a market.

    However if you think a massively over leveraged account that ran out of margin and so required more cash within a week is the way to trade then you are mad.

    Todays move had nothing to do with techincals and all to do with the very strong non farm pay roll number. If it had been weak then the dollar would have tanked although you may not have minded becuase afte all you could just request more margin to be paid in.

    I would also point out that I believe you were urging the guy to add funds to fund his aud position. Compared to when you first posted on this board it has hardly moved - there is no way you would have made up anything like the 90% of the account you had blown.

    You are either a scammer or an exceptionally poor trader who deserves to have the authorities after him.

    I urge the guy not to be taken in by you or your latest claims. He is at fault for trusting you initially but he should seek recompensne and also not blame himself for making you stop trading the account. That was his first good decision in this whole debacle.
     
    #228     Nov 3, 2006
  9. Who trades 4 JPY less than 12 hours after opening a $10,000 account? Don't you think that's a little excessive?

    Can you account for the trades that actually don't take place anywhere except for your 'client's' run?

    You backpedal and backpedal Mike. You can't answer a question without regressing to your great skills, verpitude, and scotchyscotchscotch.

    I'll tell you this much. I've blown up accounts in my career - my own and others. It happens. I understand that. But STOP MAKING EXCUSES. Own up to what you did. Be a MAN! Stop with the loss-disclosure aversion. And worst of all, stop making FOREX look and sound easy. Therein lies your deceit. Don't take accounts from someone who makes 18K a year. That in and of itself makes you look like a scammer.
     
    #229     Nov 3, 2006
  10. to the rest who cant yet seem to fathom what is happening !

    WATCH !

    a broken clock ? --- If this werent so funny I would allow you some insight into my thoughts of those still hanging on to what is rapidly becoming a losing arguement, but I remain a gentleman !


    I know how boards work -- negativety runs rampant, but rare is a "Im sorry" ever offered -- watch and wait, as one does with swing positions --- YOU JUST MAY LEARN SOMETHING !

    I'll even pass on the "I'm sorry" cause I know how hard it is to admit being wrong !

    Rome was not made in a day and reverses are not either -- there will be ups and downs as the currencies are flipped for profit, but please let me know what the trend is and where these currencies may end up --- LEARN SOMETHING FROM ALL OF THIS !

    trade for the trade -- the money follows !

    mp
     
    #230     Nov 3, 2006