Brokers chasing you for negative account balance | Page 20 | Forex Factory

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Brokers chasing you for negative account balance

  • #381
  • Jan 24, 2015 11:00am Jan 24, 2015 11:00am
Quoting verv
{quote} The market makers buy and sell to you from their own book, as you describe. Im fed up telling people on this forum about what market maker models do, some of you guys just make chit up.... More on market makers here http://www.forexfactory.com/showthre...11#post8020611
Thanks for the link.
As Forexoracle already told you... you're dreaming
  • #382
  • Jan 24, 2015 11:03am Jan 24, 2015 11:03am
Quoting Magix
BAGHOLDING!
Ah, I understand. I just still dont understand what is the noise about. It is the same like here in Czech now. Exporters are whinning and want government to refund em coz they cant export to Russia. Luckily, our government is doing what it should and laughim em in the face, saying - "You very well know there is a political risk in trading with Russia, now deal with it."

All I am saying is very simmilar: "Those people very well knew CHF is very illiquid currency and peg has to collapse one day, so there was a big risk for big profits, now deal with it."
Edit: Same goes for broker: "You very well know if you send all your money to one broker you are exposing yourself to operation risk of his default. Now deal with it."
Nothing unusuall happened here, it is a waste of words.
T
"I know one thing, that I know nothing." Sokrates
  • #383
  • Jan 24, 2015 11:06am Jan 24, 2015 11:06am
Quoting Tom_D_Trader
{quote} Ah, I understand. I just still dont understand what is the noise about. It is the same like here in Czech now. Exporters are whinning and want government to refund em coz they cant export to Russia. Luckily, our government is doing what it should and laughim em in the face, saying - "You very well know there is a political risk in trading with Russia, now deal with it."

All I am saying is very simmilar: "Those people very well knew CHF is very illiquid currency and peg has to collapse one day, so there was a big risk for big profits, now...

There is as much solace in the words, "Deal With It", as there is in hearing your girlfriend scream out your name in the throws of passion, while you are trapped under her mattress where her husband is fucking her.

Just saying...is all.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #384
  • Jan 24, 2015 11:07am Jan 24, 2015 11:07am
Quoting Tom_D_Trader
{quote} Wtf do you care bout my account? Am not talking people but my mates. I dont give a damn about you sorry. If you invest coz you read in on FF, burn.
You keep bragging about them FXCM shares being a mega hot deal in the public forum, pal - as if you were a vegetables and fruit seller in a busy town market.
The truth is, idiocy is something everyone has to pay for it dearly, and I learnt my lesson long ago, in case you ask. It applies to everybody. Brokers, their customers, shareholders. FXCM dug its own grave by stating in their ads and probably T&Cs, as someone already posted, that customers would not be hold liable for negative balance. Some people have invested their money in the company that has had issues. On the other hand, there is quite a few lunatics here, trading with other brokers, who were not bothered to read their contracts before signing up and now they are posting about LPs' conspiracy here. They are all worth each other, IMHO.
  • #385
  • Jan 24, 2015 11:11am Jan 24, 2015 11:11am
Quoting Magix
There is as much solace in the words, "Deal With It".
Lol man ofc it facked up many innocent and there was severe damage done. But thats just how life is, especially traders life. You cant be whinning if you choosed traders life, and if market facks you over, you just have to deal with it. It is a rough game, international interests are settled through cash. Last year I was betting Obama is gonna bomb Iran. Well it didnt happen in the end, but man, there are just so many grand scale international things that can happen, that making such a big noise out of one simple company which went bust in one of the most risky businessess in the world is totally absurd.
"I know one thing, that I know nothing." Sokrates
  • #386
  • Jan 24, 2015 11:13am Jan 24, 2015 11:13am
Quoting Caa
well, apparently there are only very few brokers that are requesting negative balances, SAXO BANK and fxcm both are in deep trouble, saxo having losses in excess of 200 mio usd, and going after clients that lost all what they have. Remember saxo was already having problem in 2012 when they started selling their assets. Not looking good for them.
do add SWISSQUOTE to the list
  • #387
  • Jan 24, 2015 11:14am Jan 24, 2015 11:14am
Quoting Tom_D_Trader
{quote} Lol man ofc it facked up many innocent and there was severe damage done. But thats just how life is, especially traders life. You cant be whinning if you choosed traders life, and if market facks you over, you just have to deal with it. It is a rough game, international interests are settled through cash. Last year I was betting Obama is gonna bomb Iran. Well it didnt happen in the end, but man, there are just so many grand scale international things that can happen, that making such a big noise out of one simple company which went bust...
Yup.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #388
  • Jan 24, 2015 11:15am Jan 24, 2015 11:15am
Quoting xy76
You keep bragging about them FXCM shares being a mega hot deal..
Stfu asswipe I ve only mentioned it twice, which is definitely not bragging, never called it mega hot deal, and only was speaking to my mates. Ah that ignore function is so lovely
"I know one thing, that I know nothing." Sokrates
  • #389
  • Jan 24, 2015 11:19am Jan 24, 2015 11:19am
Quoting alt11
{quote} Thanks for the link. As Forexoracle already told you... you're dreaming
I'm the one backing my arguments up with articles and videos, I'm the one who has done the reading about the various kinds of brokers.

You guys are the ones going round acting like all brokers are the same, and when asked don't provide any evidence backing up your claims.

Even when I post a video and article, directly from the mouth of two guys who work at brokerages, and which directly contradicted your arguments - I'm still the dreamer? Where are you sources, articles and vids backing up your argument? - you don't have any, so why would anyone believe what you say?

I'm not claiming I know the precise workings of either models, but I know enough to get by, and I'm sure I know more about it than either you or forexoracle because I went out and found out the mechanisms that these different brokers use because I wanted to know them.

It's an interesting trait that those who complain the most about their brokers aren't making any money.
  • #390
  • Jan 24, 2015 11:21am Jan 24, 2015 11:21am
Quoting Tom_D_Trader
{quote} Stfu asswipe I ve only mentioned it twice, which is definitely not bragging, never called it mega hot deal, and only was speaking to my mates. Ah that ignore function is so lovely
219 on your 'ignore' list. Good job. Few more years and you are going to put every FF member on this list, wanker.
  • #391
  • Jan 24, 2015 11:37am Jan 24, 2015 11:37am
Quoting xy76
{quote} 219 on your 'ignore' list. Good job. Few more years and you are going to put every FF member on this list, wanker.
Improbable...

There are less than 20% of registered users on FF that are active posters.

A lot of the rest have died, traded themselves out of market, found better hobbies or the largest core is just new nicks for members previous banned...shit, there's probably at least another 1% of the active that will find themselves denied posting privileges because of Multiple User Names.

Chasing these dogs down to add them to an iggy list would be about as fruitful as FXCM trying to get negative balances paid.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #392
  • Jan 24, 2015 11:45am Jan 24, 2015 11:45am
Quoting verv
{quote} I'm the one backing my arguments up with articles and videos, I'm the one who has done the reading about the various kinds of brokers. You guys are the ones going round acting like all brokers are the same, and when asked don't provide any evidence backing up your claims. Even when I post a video and article, directly from the mouth of two guys who work at brokerages, and which directly contradicted your arguments - I'm still the dreamer? Where are you sources, articles and vids backing up your argument? - you don't have any, so why would...
Wow, if watching a promotional video for a bucket shop like Capitalspreads is what you call research well... what can I say?
I realize now that you're probably in high school or something so a grown up should tell you that advertising isn't a very valuable source of information.
Try something new -and underrated- : common sense!
Lastly, I'm not complaining about a broker since I don't have one, so no broker has ever taken a $ of my money, which is assuredly more than you can say.
But I'm not bragging about it, just pissing on your little attempt at irony...
Best of luck
  • #393
  • Jan 24, 2015 11:46am Jan 24, 2015 11:46am
Quoting Magix
{quote} Improbable... There are less than 20% of registered users on FF that are active posters. A lot of the rest have died, traded themselves out of market, found better hobbies or the largest core is just new nicks for members previous banned...shit, there's probably at least another 1% of the active that will find themselves denied posting privileges because of Multiple User Names. Chasing these dogs down to add them to an iggy list would be about as fruitful as FXCM trying to get negative balances paid.
Which probably means that it would be rather months, than years, until he has got each active FF member ignored. Much admiration for his efficiency
  • #394
  • Jan 24, 2015 11:53am Jan 24, 2015 11:53am
Quoting xy76
{quote} Which probably means that it would be rather months, than years, until he has got each active FF member ignored. Much admiration for his efficiency
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #395
  • Jan 24, 2015 12:49pm Jan 24, 2015 12:49pm
Quoting alt11
{quote} Wow, if watching a promotional video for a bucket shop like Capitalspreads is what you call research well... what can I say? I realize now that you're probably in high school or something so a grown up should tell you that advertising isn't a very valuable source of information. Try something new -and underrated- : common sense! Lastly, I'm not complaining about a broker since I don't have one, so no broker has ever taken a $ of my money, which is assuredly more than you can say. But I'm not bragging about it, just pissing on your little...
Oh right, so now anything I put up is advertising or propaganda? Got ya lol

Getting back to the argument, facts are facts.

Again, if you know better, prove it. Can you?

For instance can you prove anything that Simon Denham said was incorrect? - great advertisement piece btw, talking about hedging, really good way to bring in the customers for a company that he doesn't even work for anymore... he left in 2013 lol

Not sure why bringing up age has anything to do with anything either, good chances are, that given my age, I am older than you.
  • #396
  • Jan 24, 2015 1:12pm Jan 24, 2015 1:12pm
Quoting xy76
{quote} 219 on your 'ignore' list. Good job. Few more years and you are going to put every FF member on this list, wanker.
Since it is weekend am gonna spam a bit more . Those are 219 useless people. Given the fact FX retailers are generally useless, you could as well say members on FF are generally useless. But even between generally useless people you rarely found diamonds, like Magix, but much more often you find totally useless asswipes like you. And there goes those 219 people.
"I know one thing, that I know nothing." Sokrates
  • #397
  • Jan 24, 2015 2:12pm Jan 24, 2015 2:12pm
Quoting verv
{quote} Oh right, so now anything I put up is advertising or propaganda? Got ya lol Getting back to the argument, facts are facts. Again, if you know better, prove it. Can you? For instance can you prove anything that Simon Denham said was incorrect? - great advertisement piece btw, talking about hedging, really good way to bring in the customers for a company that he doesn't even work for anymore... he left in 2013 lol Not sure why bringing up age has anything to do with anything either, good chances are, that given my age, I am older than you....

Like a lot of lurkers, I do enjoy a good throw down, but I believe the pair of you should just retreat to your respective corners and find another day or topic that you can excel in.

Your points are valid and even with you being relatively new to market, you still outshine that dipstick alt11.

The dude is a drip and is looking for a fight...you seem a lot better than that.

Don't feel insulted by his words. It only takes a brief read of his posts to realize that he has only recently stepped foot into this traders arena and may only be here because he was banned from his previous trolling hotspot.

Even at the risk of sacrificing amusement in this little tussle...I believe it best you just let this sleeping dog lie.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #398
  • Jan 24, 2015 2:24pm Jan 24, 2015 2:24pm
Quoting Magix
{quote} Like a lot of lurkers, I do enjoy a good throw down, but I believe the pair of you should just retreat to your respective corners and find another day or topic that you can excel in. Your points are valid and even with you being relatively new to market, you still outshine that dipstick alt11. The dude is a drip and is looking for a fight...you seem a lot better than that. Don't feel insulted by his words. It only takes a brief read of his posts to realize that he has only recently stepped foot into this traders arena and may only be here...
I'm not new in forex, just a new account on here.

But that doesn't mean you are wrong - I'll take your advice mate

I've also been battling elsewhere, I should know better
  • #399
  • Jan 24, 2015 2:30pm Jan 24, 2015 2:30pm
Quoting verv
I've also been battling elsewhere, I should know better
It's the weekend.

Hammer back a couple cold ones and let'r rip...

lol
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #400
  • Jan 24, 2015 2:33pm Jan 24, 2015 2:33pm
Quoting Magix
{quote} It's the weekend. Hammer back a couple cold ones and let'r rip... lol
Should have spoken to your sooner, that sounds like a good idea
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