That road finished back in August which was the last month Budfoxx had a decent result. Do you really think this guy would be quiet if he was making any money?!
In July he closed out three trades for 102, 435 and 40% respectively which made my small account with him at the time $8,130 which I was more than happy with.
In August through the process of doubling up on losers and refusing to use stop loss orders he lost $9,138.
There was more of the same in Sept. as another $2,500 was lost on three trades.
October saw some frenetic trading and $1,590 was the profit from 17 trades.
November's highlight was running with the uptrend in oil, USO, but unfortunately with puts. The $1 "mental" stop posted on his site was ignored, and the position expired worthless. 6 more losers and three wins of 2, 5 and 50% respectively closed out another losing month of $4,265.
When queried about his cavalier attitude to his customers, whom he even called " lame" in his forum the reply was:
BudFoxx Foxx (10/6/2007 1:55:31 AM): you're an idiot
BudFoxx Foxx (10/6/2007 1:56:05 AM): fuck you
BudFoxx Foxx (10/6/2007 1:56:16 AM): i dont have to deal with you
BudFoxx Foxx (10/6/2007 1:56:44 AM): all you do is complain
BudFoxx Foxx (10/6/2007 1:56:48 AM): you dumbfuck
then after a few more 'fuck you's" his parting shot was:
BudFoxx Foxx (10/6/2007 2:01:35 AM): just send my money bitch.
BudFoxx Foxx (10/6/2007 2:01:36 AM): lol
BudFoxx Foxx has signed out. (10/6/2007 2:01 AM)
neke-does that answer your question?
Full transcript of IM chats can of course be provided if required.
