Felix Sells Out

Quote from krishnakarthik:

Many in the the forum said he is a cheat and stuff and his signals don't work. But Felix signals are the best and most accurate. All u need to do is blindly follow them. When he says there will be a trade there will be one for sure and vice- versa. And I totally agree with Felix reply that he doesn't want to entertain small time traders and they can't make enough money trading news or his signals. We would be wasting our time if we trade with that 1 or 2 dollars pip value. During news you are supposed to have at least $50 pip value because all you are looking here for is that 10- 15 pip move. If we take our case, I trade with a pip value of 10. This would never make me a living if I live in US. Imagine, by trading news we make some 2000 a month that too if you are extremely skilled (1 pip = 10). Can anyone survive with 2000 at your place. And Felix is just a good marketing guy. He markets his products very well ( mbt or his signal services). Why should we even bother about how much he is making from signal subscriptions? All we should be bothered about how much we are making and how much we are learning. This is like telling ur kids that we should be worried more about how much the school is getting from fees rather than worry about how much you are learning. Those comments are just out of jealousy as this guy is more popular. I have tried a zillion signals( 1 month free subscriptions) but none work.

You missed the point of the thread. When he originally set up his website his goal was naturally to make money but also to create a place where people could share their gripes about their current brokers. He went on and on about trying to "stop those bastards from taking your money." I had no problem with him using his website as a way to promote his signal service.

Now that he gets kickbacks for MB Trading his site is completely biased. Furthermore, because he makes money by referring traders to MB Trading he will say anything to get them to open an account there. Numerous items he mentioned in that video were simply not true such as claiming MB Trading is an ECN or making traders beleive they can move the market with their Mini accounts. On top of all that, he is promoting a firm that probably won't be around much longer. What happened to Felix looking out for those "bastards taking your money?" I guess you can ask him when MB Trading goes bankrupt.
 
Earlier, someone said... "My favorite part of the presentation is how he thinks that his dinky trade will influence the market. No individual trader should be able to move the market like that unless you trade the volume of George Soros...."


What's the problem?

Let's see:

Platform advertises bid 79 ask 81 (example)

A new order is entered with ask of 80.

Platform advertises bid 79 ask 80 to all participants.

Somebody matches his order, execution occurs, commissions charged..

Platform again advertises bid 79 ask 81.

Isn't that how trading is SUPPOSED to work?
 
some say that the person who started the infamous thread about the NFA proposal and the dead pool is felix, and that he did it to help out the bigger firms
 
Proof to back up the theme of my post:

http://www.youtube.com/watch?v=XWmyYDJn5P0

Also, Felix, whose real name is Dmitri Chavkerov is an "internet ordained minister" who got busted for ordaining a marriage between a Russian illegal alien and an American citizen. The American citizen received a free car in exchange for marrying the woman. You would think I am making this up but you can read about it here:

http://www.ice.gov/pi/news/newsreleases/articles/071129losangeles1.htm

If you still think he has any credibility after this, then maybe he should ordain your next marriage!
 
Quote from Pocketjacks:

Proof to back up the theme of my post:

http://www.youtube.com/watch?v=XWmyYDJn5P0

Also, Felix, whose real name is Dmitri Chavkerov is an "internet ordained minister" who got busted for ordaining a marriage between a Russian illegal alien and an American citizen. The American citizen received a free car in exchange for marrying the woman. You would think I am making this up but you can read about it here:

http://www.ice.gov/pi/news/newsreleases/articles/071129losangeles1.htm

If you still think he has any credibility after this, then maybe he should ordain your next marriage!
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ROFLMAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

This guy is pretty smaht. What kind of car did he get and what did his bride look like?
 
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