Search results

Okay Mr. Parker, I took a trip over to stockhideout, and what I saw on your introductory page is the following text, written by you: ------------------------------- ...those who havent seen FOREX yet are in for the greatest surprise ever known in the market -- something so predictable and...

The Investment Advisor's Act of 1940, which is the controlling document for most state and federal regulations, does NOT exclude currencies.

Brokerages are not responsible for the actions of an account holder. They aren't regulators. Understand that the reason state and federal regulations are in place is to help prevent PRECISELY what has been discussed in this thread. And that is an informal, oral (useless) agreement to trade...

Untrue. The "vendor" was moderating or participating in a public forum and presenting himself as an expert. He has said even here that he has traded for others, and it was my understanding from the "victim" that compensation was expected from profits. No matter how much he "protested", he...

The law centers on whether or not he was holding himself out to be a professional, and if he was expecting compensation. From what I've read here, that is the case. Bottom line is, with very few exceptions (such as a close friend or family member who is an accredited investor) in most states...

IMHO, this is one of the most valuable threads on this site in a long time, if it serves only to give caution to anyone else who is looking to trade currencies, or looking to provide funds for anyone else to trade. In my memory, and that goes back a long ways, I've never seen such overblown...

If you are 1/2 as knowledgable as you present yourself to be, then you should we well aware of your liabilities under the law in taking responsibility for another person's funds, whether or not you were holding the funds. You are fortunate that your"partner" is not in the U.S. And all...

LOL! FYI, the most recent CTA ranking report for managers primarily trading currencies lists only a single manager exceeding 30% this year with nobody else even close. And the majority are negative. Many seriously negative. And these are not the scammers, folks. These are the...

A major case of churn and burn. It would be good for you, after you close him out of your accounts, to post this with his name to the chat room where you met him. Since you have the facts, he can't take any action. The problem with a lot of these chat room gun slingers is they think because...

Also, be sure to follow up and make certain that the trades were actually placed, and that your money was not just pocketed. If the trades were legit, nothing you can do. If they weren't then you have a case. In any event, do not make the mistake of slamming this person in chat rooms...

Sorry for your loss. But take what you have left, and walk away. The forex market is very trecherous under the best of circumstances, and unfortunately it has become an unregulated playground for many scammers and con artists. Yes, the money is very important to you, but it could have...

Kerry's head is still back in Vietnam. Where it was definitely true that if you didn't do well in school, chances are you would find yourself in the jungle holding an M-16. Nonetheless, it was definitely a bad choice of words.

So...you're flat flat and flat. Where is there money to be made?

Investor RT. www.linnsoft.com

If Kim Jong Il can manage to weaponize a nuke, you might want to reconsider.

I'm always reminded of the saying in politics that a liberal is just a conservative who hasn't been mugged yet. My respect for a trader increases proportionally to how often he has been mugged, and what he's learned from it.

Good to know that you have been wacked and come back to thrive. Welcome to the club. Can you share what you learned, and what you are doing now that you consider "conservative"? As an equities-only trader who has been casually looking at forex for some diversification, I'm finding it...

I dare say that there are hundreds of former traders/investors who are now selling used cars and facing a retirement on social security who had the same attitude. The reason why the failure rate is so high in any trading instrument is precisely because people don't consider...

2 things cashmoney. 1. You would do well to never trade drug stocks unless you're prepared to follow the industry very closely, and you have close friends at the FDA who don't mind facing insider trading charges. 2. Never thought that I would be quoting Jim Cramer (argh), but he has made...

Nope. Haven't seen it before. Very rare for a market to rally this long with low VIX and no pullbacks on the daily charts. I haven't had a trading signal in three weeks. And only oils the week prior to that. So, I have to say that this IS unusual. And a great patience exercise for...