Quote from retaildaytrader:
I think I have plenty of experience, know how to surf the internet for reviews and know many people who trade for a living. In fact, I meet up with a group each weekend of about 25 guys to discuss different strategies, setup and, as well, platforms. I am on several internet message forums and chat rooms. I have heard my share of stories about SOGO and Genesis securities. I am not interested. However, I have not heard any bad stories about Cobra and know a few guys that use it. I have sat behind them while they use it and have been satisfied with their results.
Now be careful with what you are saying as it might be interpreted as libel. Everything I am saying is backed up by documentation. In fact, I have a folder of printed out material on each instance where I tried to go to IB to get my money back for the issues on the AMEX. The answer I got was "too bad so sad".
For you to say they will not be around in a short while is unjustified and there is no fact to that statement. If you have some type of documentation, then you can make such statements. However, you dont and rememer these forums do keep a record of your IP address so they are not anonymous.
The fact is that Cobra Trading has been around a while and they are a member of FINRA, NFA and SIPC. This is a legitimate shop and registered with all of the usual governmental authorities. For you to say they are not legitimate and wont be around opens you up to litigation.
I also have never said I had a margin call and the fact is that never in my life have I ever had a call. If you caused damage to myself by such statements, believe me, I have a short temper and would have you served with a summons and complaint. I dont let people simply go when they decide to talk shit. I hope you do not work for anyone as you would be a nightmare for their legal counsel and human resource deparments.