how to NOT take responsibilty

With no offense you making it sound like I’m looking to screw over the broker .... so I’m NOT I just want to protect myself if the brokers screw up and do something wrong because they won’t be there to help you to clean up and I’m just saying to ALL of you I’m not a big trader but I do have a big buisness in real estate ALWAYS KEEP YOUR ACES CLOSE happy trading all
 
At the retail level most brokers are shit and will pass faulty transactions unto your accounts, even for their own technical glitches. For us who are not banks, that risk and costs need to be taken into account. If you are too big to fail, even the exchanges will rollback for you.

Nobody is saying this is fair business. I do understand the need to prevent extra losses, but seems such level of service is abnormal.
 
Mdtbyk said:
and in the usa? i remember 5 years ago i wiped out my account of 7k within 45 min and i was still in debt for 1800$ after they closed my position and there system didnt tiger the sale it was me who sold so i hope some thing changed by then i was using trade station maybe there just a bluff?!
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You're in the US, you're on your own mate.
 
The markets is able to operate because of guarantees and assurances that counter parties perform. If what you are suggesting was possible the market would not exist.
 
Mdtbyk said:
With no offense you making it sound like I’m looking to screw over the broker .... so I’m NOT I just want to protect myself if the brokers screw up and do something wrong because they won’t be there to help you to clean up and I’m just saying to ALL of you I’m not a big trader but I do have a big buisness in real estate ALWAYS KEEP YOUR ACES CLOSE happy trading all
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You lost me on this one.
 
Translation: He thinks it’s the brokers fault they didn’t liquidate his positions after he busted. He shouldn’t be allowed to have a margin account.
 
Mdtbyk said:
hello
how do i open a trading account without being responsable for the losses above the equity i put in ? llc ?
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You shouldn't be responsible for more, are you margin trading? I use JAFX as my broker and they will cut it short before that can happen.
 
CrytpoTrading said:
You shouldn't be responsible for more, are you margin trading? I use JAFX as my broker and they will cut it short before that can happen.
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I use IB and i have an account of 50k but it’s playing money the thought that I can lose more then the 50k makes me feel not good
 
Mdtbyk said:
I use IB and i have an account of 50k but it’s playing money the thought that I can lose more then the 50k makes me feel not good
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Then give me 25 and play with 25, if you`ll lose more i`ll give you some.
 
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