In just the past few months we've cut about 300 traders. Some will never see their capital contribution. Luckily I'm up right now, however I have a feeling they will ask me for some $$$ to keep the lights running. Regardless if Worldco does go under I will hold a memorial service and place a rose on Wall St. I hope you will all join me, (free drinks will be served). BMW
BMW, you don't seem too worried about Worldco folding like a card table. Aren't you worried about your dough? How do you continue to work at a place if your not sure they'll even open the doors tomorrow?
MACD, I don't have that much with them, under 5 g's. My freind has about 25 g's with them, I can't decide for other people, all up to them. I can just sit by and watch. My freind is going to Andover so I will look into them, heard they have good software. And they are backed by a stable NYSE corporation. BMW
The fact is that there are many hard working , smart, gogetters who are out there having to deal with I believe to be "bad faith" from worldco.... thats what really sucks IMHO
NO MORE BELZBURG! They're getting rid of it. That's it. As far as going to another firm, I don't think there are any firms now that are taking new people w/o at LEAST a few grand.
$40g by noon? When was that? There's only 1 guy who can do that nowadays (are you in FL?). Those days are over for all but a super, super, super duper elite (and even then there are some big losses).
Although there may be some legit gripes actually, I agree that the above is probably the reason for much of the hostility.