DislikedSavior,
I have heard rumors of a new document detailing the effects of the farm bill. I cant seem to get my hands on it though. do you know anything about this or have you heard these rumors?Ignored
NFA case against Forex.com/Gain Capital 6 replies
NFA Takes Action Against Gain Capital 27 replies
What happens to brokers not meeting the NFA capital requirement? 4 replies
Is losing a requirement to be successful? 72 replies
MIG vs Northfinance Margin Requirement 2 replies
DislikedSavior,
I have heard rumors of a new document detailing the effects of the farm bill. I cant seem to get my hands on it though. do you know anything about this or have you heard these rumors?Ignored
DislikedMy recent post questioning the validity of Caveman forex’s signals stirred up a chest thumping response from the Cro-Magnon community and like the cavemen from those Geico commercials they are up in arms over the stereotypes the Savior heaped upon them.
Therefore, the Savior has agreed to give the Cavemen a chance to defend their honor. I hereby am announcing “The Caveman Forex Challenge.”
Every Wednesday between 8-9pm Eastern Standard Time Caveman Forex posts a free trade off their signals:
http://www.cavemanforex.com/Wednesda...orexPicks.html
The Savior will be placing these trades on his own Hotspot demo account to test the validity of the signals and the Savior will report the outcome of the trade the following day. The Savior will do this for several months (let’s say three) and then officially give Caveman Forex either the Thumbs UP or Thumbs Down sign.
Alright you homo erecti, the whole trading community is watching you now. I’m giving you guys more publicity than you have ever had before so this is your big chance or else it’s back to caveman’s crib for you!
http://www.youtube.com/watch?v=8QlG2Nmp8ogIgnored
DislikedWhy doesn't caveman just show us how great his signals have been for is own live account. I mean if they are so good I am sure he is using them for his own account, right? Why are we wasting our time with this shit....Ignored
DislikedWhy doesn't caveman just show us how great his signals have been for is own live account. I mean if they are so good I am sure he is using them for his own account, right? Why are we wasting our time with this shit....Ignored
DislikedGood idea, while you are it .... why not mention how many clients will have to settle for 4 brokers once this new regulation becomes fully active, how about mentioning that a lot of clients will probably invest their money with a non-US broker, and how many US brokers will close down and have to lay-off their employees.....Don’t forget to mention that we legalized a monopoly in our financial system.
Welcome to unreserved corruption.Ignored
DislikedNow now, your starting to sound like me.
Regulating Only US brokers to death and forcing US traders to seek options offshore just to feel their money is safe from the NFA is obviously a good thing for the US forex industry.
Haven't you read anything our great savior has said?Ignored
DislikedDid anyone actually do that? NOPE. All the firms effected by this law had a chance to chip in their two cents and they didn't say a damned thing.Ignored
DislikedSo if they are forced to go out of business at this point it is nobody's fault but their own.Ignored
DislikedWhich begs the question why did all these small firms remain so silent as the law made its way through Congress?Ignored
DislikedIs the new capital requirement unfair? Sure it is. And I said so months ago and warned people to get off their asses and contact lawmakers. Did anyone actually do that? NOPE. All the firms effected by this law had a chance to chip in their two cents and they didn't say a damned thing. So if they are forced to go out of business at this point it is nobody's fault but their own.Ignored
DislikedA lot of pissing and moaning going on around here this morning.
Is the new capital requirement unfair? Sure it is. And I said so months ago and warned people to get off their asses and contact lawmakers. Did anyone actually do that? NOPE. All the firms effected by this law had a chance to chip in their two cents and they didn't say a damned thing. So if they are forced to go out of business at this point it is nobody's fault but their own.
Which begs the question why did all these small firms remain so silent as the law made its way through Congress?Ignored
DislikedAt some point you have got to take responsibility for your own business fellas. Everyone in the industry knew about this law. Yet where were the company press releases? Where was the organized lobbying? As Bob Dole once said "where's the outrage?!"
No. Instead you could hear the crickets chirping in the forex industry here in the U.S. Everyone acted as if nothing was going on. The response from smaller brokers seemed to be "maybe if we're real quiet they'll leave us alone." If Washington only hears the NFA's side of the story well then that is who they are going to believe.
If you want to blame someone for the passage of this law, blame the man in the mirror.Ignored