We all think that when the big opportunity comes to cash in we will make it. Here is how I missed mine.
I don't really use my forex mini account since I opened a standard however around in June after end of my exams I deposited £200 into my mini.
Today I was going through my account history and noticed a funny deposit in June. My broker (FXCM) took £200 from my bank account but through an error on their part deposited £20,000 onto my forex account instead of £200.
The 20 grand (pounds) was there for 2 hours, if I had realised I could have bought 2 million pounds worth of currency (100:1 leverage) and capturing a normal move (50 points) would have given me £5,000
When they realised their mistake they took the £20k back and put in 200.
7/25/08 7:16 PM Depos xxx - Wire - yyy zzz 20,000.00 20,049.78
7/25/08 9:25 PM Withd Reversal - xxx - Wire yyy zzz -20,000.00 49.78
I had a chat:
Kelly: No, not your bank, Ilia, it was an error on our part on 7/25/08
Kelly: The error was realized and the correct funds were deposited into your account.
Ilia: Unfortunate thanks
Grr this sucks.
I don't really use my forex mini account since I opened a standard however around in June after end of my exams I deposited £200 into my mini.
Today I was going through my account history and noticed a funny deposit in June. My broker (FXCM) took £200 from my bank account but through an error on their part deposited £20,000 onto my forex account instead of £200.
The 20 grand (pounds) was there for 2 hours, if I had realised I could have bought 2 million pounds worth of currency (100:1 leverage) and capturing a normal move (50 points) would have given me £5,000
When they realised their mistake they took the £20k back and put in 200.
7/25/08 7:16 PM Depos xxx - Wire - yyy zzz 20,000.00 20,049.78
7/25/08 9:25 PM Withd Reversal - xxx - Wire yyy zzz -20,000.00 49.78
I had a chat:
Kelly: No, not your bank, Ilia, it was an error on our part on 7/25/08
Kelly: The error was realized and the correct funds were deposited into your account.
Ilia: Unfortunate thanks
Grr this sucks.