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Hey investors... this is guy is for real! I mean like, he is NOT JOKING. Magellan

Brilliant market analysis. So simple, yet very much to the point. No need to be sidetracked with details when you are right and know you are right. Magellan

Since the videos are intended for training purposes, does it matter if they are fake or not? Perhaps the fake ones would be better than the real ones. I mean, who can trade as well as they say they can trade. Showing clinical execution of proper trading skills would be more instructive...

I guess when you draw an analogy to Bernie Madoff, after saying his videos were "total B.S.", actually using the words "fake" or fraud" would be just overkill. I am glad to see you exercized so much caution. Magellan

Why do you have to re-take the Series 7 Exam? Did you not pass it, or did your two year U-5 expire? Magellan

Go ask for the numbers! Send Bano an email saying what you think - that the videos appear fraudulent and you want the proof they are not. The trader (Bano) who posted the videos did produce his trade blotter, as well as the trade blotters of those in the training program, during the review...

I do my best to ignore Level II (not always successful though). It is useful only when a trader/institution/algo is holding a bid or offer. Otherwise it can be very distracting and counter-intuitive. Magellan

I don't need his statistics. I don't doubt him. What's the point? He clearly is doing these trades. I guess asking for his trade blotter would put this to rest, but then what are the trading videos for? I have traded with him in real time and know what he is trading, where his entries...

For most of the last five years, PNSN has been trading between $10 and $30. It is now flatlining just above $1. Today it lost 4.2% of its value. If the company had some tangible value it would have been bought out by now. Magellan

I think the answer is yes, you are insured. Problems may arise actually collecting on the insurance. I am sure it could take months. Not a scenario I want to deal with. There has to be some more reliable brokers / clearing houses out there. Magellan

His videos are real. I traded with him for a year and a half. He typically posts the good, the bad and the ugly. If you watch enough of his trades you will observe a few where he suffers large intraday losses. I remember one where he was down more than 10k only to come back to positive...

You would think that losing a client would get their attention. I guess not. I am probably not the only one jumping ship. Magellan

As a side note, I closed my account with Lightspeed due to ongoing accounting problems. Four weeks is too long to wait to have access to accurate data on my trading activity. Still, Lightpseed does offer a nice platform. Magallen

I paid the wire fee and received my money almost immediatly. Well worth not having to worry through the weekend about wether or not Lightspeed would "lose" my request for transfer or not. Magellan

I closed my account with Lightspeed. Four weeks of accounting problems was difficult to rationalize away and was starting to cost me a lot of time and money. Too bad. I like their platform. Magellan

I closed my account with Lightspeed. Four weeks was long enough to wait for them to correct their accounting problems. Especially since the problems, while costing me considerable time, were also costing me money. Too bad. I liked their platform. Magellan

Lightspeed is an excellent platform. Has a bit more fire power than most traders are used to, though this is not necessarily a problem. Lightspeed works well if you know what you are doing and don't need a lot of hand holding. Recently they have experienced some problems with access to...

Difficult position to be in. I really like the Lightpseed platform and have never had any significant problems with Lightspeed before. Nevertheless, these accounting problems seem to be isolated to Lightspeed and it is hard to understand how recognized problems can go unresolved for this...

As a matter of fact, Lightspeed DOES maintain two sets of accounting books (this is different from stating that Lightspeed generates two sets of books, which I have no evidence of). They maintain through their site, the accounting figures as presented by their clearing company, Penson, and they...

I agree to some extent. What is strange is that Lightspeed has access to accounting that is not available or has not been updated to Penson. Magellan