no i didn't sign agreement, can either be two things..i guess he either trusted me too or didnt think he was going to be making money.
i closed out all trades have 700 dollars to my name hehe ... learned huge lessons. Thanks for everyones help. I will give name of forum / moderators username upon request.. dont want this thread coming back to haunt me though...
My 2 cents: You need to call regulators for clarification/ advice, as there might be a case potentially, imo, becuase allowing him to trade for you was based on what he told you that he will make so much money. Please note: I'm not a legal guy at all.
Yes, the OP was clearly scammed / defrauded / taken advantage of by the "manager." But this seems to be a completely different issue. Wasn't this email / trade log generated by FXDD's MT4 platform? It's "off"... I happen to use MT4 as well, but only for R&D work and not with FXDD, so I may be missing something. For example, take a look at the very next trade, 2061718180 2006.10.26 17:39 sell 2.00 usdjpy 118.59 . That's only 6 minutes later, yet 88 pips away from the previous trade. Nothing of the sort was seen in Yen at any time on Oct. 25-26. Taking into account the GMT+9 (I think, based on prices and email headers) time zone of the account doesn't help. acdspit00, where are you stationed? And what's the time zone of your account?