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Thanks. It’s funny how we’ve had the same experiences. Except I’ve been doing it for a lot longer than 11 months. I don’t think the dumb customers I dealt with were as smart as yours. The most they really tried was saying they got the wrong pizza or it took too long and they want it...

That’s sort of my ulterior motive all along, besides just trying to not deliver pizza anymore. But I’m also not going to depend on some rich guy just randomly saying he wants to talk business with me sometime.

Yes I did that. When I went to a TOS or Option Planet seminar, the guy there said to do it. You can try just calling them and say you are interested in opening an account and want better rates like you saw they do on their website. I’m just saying it might be easier to open the account and...

Look I know what it’s like to be young and think everything should be fair, but the lawyers aren’t going to care. Even if it were illegal, what are they going to do? There isn’t any money in this. Your best bet is to try to talk to someone else at Ib or find another broker.

He’s saying that a covered call and a naked put are basically the same thing, but the brokers don’t realize this. They tell you to write covered calls because the commissions and margin requirements are more.

You’ll have to lose a few more $2000 accounts until you have any clue what you’re doing. Just speaking from experience. But I can tell you that the odds are way against you the way that you’re trading. First off, I wouldn’t be trading 10 contracts until you are profitable with one. I...

I dealt with the same problem when I turned 18. Except it wasn’t because I wasn’t 21. I applied to about 4 different brokers and they just told me I had no options experience, so they couldn’t approve me. So I asked them how am I supposed to get experience if you won’t give it to me...

You forgot a couple. Can’t afford rent – live on the street. Can’t afford health insurance - don’t get medical care. Can’t afford education – don’t go to school. Can’t afford food – don’t eat. I said that in response to someone else telling me to work 60 hours a week if I...

I have a 1992 Camry with 238k miles. I don’t know much about cars, but I know when I’m getting ripped off. I took my car to a different mechanic because it was on a Sunday and they were open. I know they charged me about $200 more and in hindsight I should have just towed the car to my...

Why don’t you just answer my question? Pointing out that I am 24 doesn’t negate anything I say, in fact it shows you can’t answer a simple question. So I’ll ask it again. How are people supposed to stay ahead when they’re incomes are continuously dropping, and they’re cost of living...

The % of adults with college degrees is at it’s highest level ever. Yet unemployment is up and wages are down. Care to explain that?

You know very little of how insurance works if you think I’m padding my agent’s pockets. Agents don’t set the prices. They have no control over the insurance or prices. Checks are not written to them. They are paid by the company. Didn’t you see the 2 bills I posted? The insurance...

Ha! Are you kidding me? You should read some of my posts over in the economics and political forums. Everybody loves to gang up on me over there. I see what you’re saying. I guess it doesn’t really matter too much just as long as the broker offers decent spreads and doesn’t screw you...

A friend of mine owns a store in a mall that sells urban wear clothes. When I first saw it, I was shocked at everything. Who the hell would want to pay $90 for a pair of jeans? And it’s not like they’re made out of silk or anything. In fact they look like crappy worn down clothes you would...

I have been seeing FXCM micro ads everywhere. I mean marketwatch.com and even cnn.com. Somebody throws $300 in an account and they blow it up in 2 days and say forex is a scam. Combine that with the ads that say “the euro is easy to trade” and I can see how you can have problems. Like, no...

At first I was going to say that you are spreading false information and blatantly lying, but then I saw you link was to another brokers website. Let me get this straight, you’re making assumptions of other brokers executions based on what another broker says about them? That makes a lot of...

Well I don’t know the exact inner workings of how all these brokers work, but right now FXCM is quoting EUR/JPY at 134.441 X 134.453. I don’t see how a bank can quote inside of that. I’m inclined to believe that they just take the other side and wait till their books become too weighted...

The bucketshops of Livermore’s era were basically making an unregulated bet against you. But I guess they still paid out if you were right. They just banned you from betting again if you were right too much. I believe that they and the forex brokers are similar in the fact that no real assets...

OK I certainly understand your point. But I just googled “NFA FXCM” and all of the results were press releases by FXCM on how they were conforming to NFA requirements. One complaint that results in a whopping 175k fine is hardly merit to not do business with anyone. Especially over...

If you’ve ever worked in retail, you know the first thing about customers is that when they are happy, they rarely tell anyone, especially, regulatory agency’s. When they are unhappy they tell everybody. A lot of the time, their complaints are unjustified or blown out of proportion. I can...