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Actually, my plan is thus: Create an LLC and invest my retirement plans in it, along with the kids colledge money. (That's the rich, rich rich part.) Second, create the charity, and have it invest some of it's money into the LLC, so my family can do more in the area of charity. (That's...

Yes, I'm not planning on taking a salary, or making any money. This is purely a charitable way for my family to love others in need, and the only profit we will be making is to do good unto others, and to show Christ's love. We are not trying to avoid taxes for our benefit, but are...

Ok. About three weeks ago, I filed to create my charity. Last time I created a corporation, it took about two weeks for the state to get back to me. This time it seems to be taking a bit longer. Oh well. I was trying to get this new charity started before the new year so I can sink...

General rule: I stop buying when the equity of my account get to 80%. Note, this dosn't mean I've had a loss, remember it takes $200 dollars to hold a 10K possition. Here's the rule I live by. When the signal are right, in a account that has $10K in it. I'll by 10K block of a pair at a...

It's nice to see some others making a profits. My Frozen REFCO account is running at 130% profit. I have another FXCM account that is at 200% profit. About 7K of that profit is interest. Got to love the GBP/JPY and GBP/CHF pairs!!! BTW, I trade by looking at the following...

I agree. placing stop orders, is like showing your hand when playing a card game. My 8 year old son does this, and sometimes he still wins. But most of the time I'm winning. Wonder why. I try to tell him not to show me his cards. But he dosn't listen. How many 8 year old are...

Wow. I wish FXCM has that in their agreement. Actually, it dosn't much matter to me. I don't trade on low equity. And I think those who do will loose their shirts in the end. FOREX markets spike to much for low equity trades and tight stop losses.

Intreresting. The custodian of an IRA allowed a Margin account???? Hmm. That's against IRS Regs.

Where is the client agreement does it say that??? Though I agree it was be hard for FXCM to squeeze the money out of you, unless you have another account with them. But didn't FXCM get fine for make such things as guaranteed stop losses. Isn't the 2% below equity the ultimate stop loss...

I went to their page. It was clear to me that these guys are a bunch of cheats trying to get people to invest their money with them in order to avoid taxes. Check out their regulatory responsibility below: REGULATION World Investment Group Inc., is an offshore company registered in...

Yes, I have read the complaint. Some people apparently were being sucked in by the guarantee stop loss garbage that many firms claim. I especially like the advertisement that many firms say that you can't loose more than what you have in your account. Though I bet you can if the conditions...

Hmm. So if I put my money at in Fidelity, they can borrow at will, and if they loose their shirts, I get to loose mine also. All without my knowledge. Sounds like a bunch of trickery. Whey would any one put their money with any institution if this is the case? Yes, I've read the...

Could you please tell me where in my trading agreement that it says that I am an unsecured general creditor??? I've read the contract through an through, and I don't see that spelled out. Also, standard contract law rule is that when there is ambiguity in contractual language, the courts...

According to FXCM sales support, the hearing for the REFCO FX auction is yet delayed again until December 15, ???? I Forgot to ask what year.:D :D :D :D

Jim: I agree with most of what you said. But as far as the consolation prize goes for FXCM, I don't believe that is a automatic feather. REFCO FX has lost the power to make financial agreements on their own, and need the courts approval. Your right, the deal is far from over. But...

Actually, I've never been to small claims court... Let's just leave it at that.

Yes, I have used lawyers before. Unfortunately, unless you have a rather large wad of cache to through away, I've found that doing my own research is 10 times better that getting a lawyer that I can afford. The last two times that I was in court, I represented myself, and I faired much...

About ten years ago, I was part of an organization called the White House Communications Agency (WHCA). While I was there, there was great confusion weather or not WHCA was a Joint Command or a Army Command. No at the time knew for sure, even though Army personnel where the only onces assigned...

I've already sunk some more funds with FXCM. And have started trading again. It would be nice to get my REFOFX money back though.

Call me scared. But I'm having a hard time puttting this all together. Here's a chat I had with FXCM. Chat Information Chat Information FXCM€5: Welcome to FXCM's Live Chat feature. So that I may better serve you, feel free to provide me with your name and email address. How can I...