Wellington Trading Group

Discussion in 'Retail Brokers' started by Paraskeva, Nov 30, 2005.

  1. Guys hope everybody is more relax about the situation now.Cause I heard that all the companies that work in these type of operations (which I am not labeling)are going to be visit overseas by international regulatory observers,all related to the process of spying on banks that FBI had done on these institutions over the world.
    But anyhow we are the investors is our responsibility to make our homework and use a rational approach for the investment,personally I like to have a regulatory entity that protects at least the investment procedures,cause markets are fluctuant and that can determine the risk that you are taking.
    In my case I am investing in VOIP company that has some good shares, inside NASDAQ market and of course with the regulations of the SECURITIES EXCHANGE COMMISION, is a restricted stock and has a BUYBACK protection which make it very attractive,if any body would like to work in a more secure and conservative environment,send me an email or a response to this reply.that is all by now but if you guys want to recover from your losses change the time, the profits, and the risk,is wiser to make surely less money than lose all ur investment in few trades.
    euroyen_1@hotmail.com for further info.
     
    #31     Jun 25, 2006
  2. I've been reading this and I'm crying at the same time I am laughing.


    I know all about Wellington. I won't say why or else I would reveal my secret identity (and I won't... specifically because I do recognize one of those users who has been posting here, the only one that considers Wellington to be good....)


    Ok, for starters.....


    AHHHH I don't want to say anything, but let me tell you guys, do not invest in that.

    Not because of the high pressure sales tactics, because you can see all of that anywhere, basically in any sales floor right here in the U.S.

    But at Wellington.... the problem is not the broker, not the market. It's management. If a client has like 200% return on his/her investment, and he wants to sell, it's the broker's job to keep that money in the account, or else he would get fired right there on the spot, called names, and teased. If the client still insisted on his money (which damn right he deserves) then the account was transfered into "Blow Off" which is by far the scammiest thing possible. When transfered into Blow Off, opne of the managers would take the account, softly speaking in a singsong voice, and thereby convinving the client to not take the money out, but change markets. So for example, let's say crude oil calls look good. Then the broker would tell the client to buy Crude Oil puts with this AMAZING yet ridiculous story that many actually believed. So when the market crashed, the client lost all the money, and the firm made money



    See, the big secret there is that the money is never deposited into the market. They do play a smal portion into the market, mainly to cover themselves is a client does demand his money back (i.e. threatening lawsuits etc) but if the client is a regular bloke like you or me, he's be fried.


    And yes, I opened this account with the sole purpose of clearing all of this to you. And yes, it's my only post, and I think it will remain my only post, unless someone here contradicts anything of what I just said.

    Good day and Good night to all of you
     
    #32     Sep 12, 2006
  3. what's wrong with you guys this was a total scam they have a clearing firm that is them (The Oxford Clearing Firm) the money never went in the market it went into the owners and managers pockets. It is something that should be looked into not just from suing them but there should be a law against it. If you know what I mean.
     
    #33     Sep 12, 2006
  4. Oh forgot to mention that they have put alot of the money they scrammed into costa rican real estate the wellington asset management company and they look like they will end up screwing the people that bought there also by not putting in the roads and infrastructure as promised.
    There should be a law against this. anybody listening
     
    #34     Sep 12, 2006
  5. Glad to see that more people are aware of certain lack of ethics in the management of assets and investments.
    I mean the market is very volatile and risky to add a bigger risk,giving your money to people that are not concern about the preservation of your equity.
    And as was said here the way they treat the brokers that are looking to help their clients WOW I have no wonder why many americans have reputation of not trustable biz wise.
    Cause as you know this is an american company.
    But anyhow options is a very good vehicle but not suitable for everybody.
    Hope all are making money and being happy and healthy cause remember money is just a part of wealth, health and happiness too.
     
    #35     Sep 17, 2006
  6. Marketwatcher50 you are totally full of shit
     
    #36     Sep 18, 2006
  7. It seems that someone related to Wellington got a little sensitive,right Richard, or is just an attitude that came with your suit???
    As I understand Wellington is now focus only in the latinamerican market,and it is been a big awareness in places as Colombia and Mexico, as a person that use to work in this company told a friend of mine from South America.
    But Richard this is not personal is business, hope you are feeling better,and your girl friend(or boyfriend who Knows?)treat you better today.:D
     
    #37     Sep 18, 2006
  8. Last i heard though, that I heard from a brother of a friend of mine who still works there, that they finally closed down the options division, and are only concentrating now on the Real Estate.

    So what does that tell you?
     
    #38     Oct 13, 2006
  9. All what you said is a natural process of a company that acumulate bad reputation and legal indictments, until the best way is to disappear so to avoid justice.
    And yes if you want to know more about the company and the brokers that lead you bad go to wellington assets management in google and right there you `ll find your brokers.
    Also they have now a latin division, and be careful cause some of the people that work for wellington have a new firm,remeber always when doing bizzz go to regulations if they are not working with a regulated firm or clearing firm,
    DON`T DO BUSINESS,:D
     
    #39     Oct 15, 2006
  10. As soon as I saw this thread all the red flags went up. Costa Rica is the haven for scammers. I know because I was a part owner of a Sportsbook in Costa Rica at one time, til I found out that my partners are also owners of boiler room operations. I can't say too much about that because they are under surveillance by the interpol. You see this guys will only operate outside the U.S--I guess they are scared of the time they might have to spend inside the pen compared to other countries--They also move around all the time under different names. These guys will steal money from you, your mother, grandmother, baby brother or anybody, they are the most unforgiving crooks there is.
     
    #40     Oct 15, 2006