Leverage, I dont understand the principle of it...

Mental illness is quite interesting, specially when you get such a close encounter. Stressful situations such as trading seem to bring it on quite quickly. Don't delete the thread please.
 
Quote from atticus:

I have Mercedes Askew's work number (accountant). I am going to let her know what Mr. Section 8 is doing while she's working a 9-5 to pay for his sorry ass.
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i just found this forum after googling my name. I can't believe that Hosea is up to this deceitful crap after all hes destroyed over the passed 10 years! I am no longer married to hosea askew. I divorced him in 2009. He stole from ym family and myself and he has never made a dime from trading and lost all of our savings while married. Im still hounded by the IRS even though were divorced.

Please do not associate me with any of Hosea a skews actions. I have nothing to do with his finances and had no knowledge of the scams hes done.

Please leave me out of this!
 
and I quote:....


I wanted to let my fellow members that the followng troll has been identified:

SignalBender, idouble, stealthtrader, horizontal

We got his name from elitetrader forums. His name is HOSEA ASKEW from Antioch California. Hes been out of work for years and supported by his wife. He lives in subsidised housing. Hes going by tango 6 alpha over there.


http://kreslik.com/forums/viewtopic.php?p=63956
 
Quote from capitalistsmith:

Thats very condescending isnt it?

Guess you were never new once.... (just born with knowing it all)


Im well aware of that statement thanks for turning up and repeating it again....


I didn't realise I was asking too much for someone to spare a few minutes (anyone who is kind enough to) to elaborate slightly rather than tell me the following statement above

(and achille I apologize if its because you actually do not know a detailed answer other than - "they wouldnt have any customers" lol)
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the market is gamed like a carnival, the house has it built in to win,the leverage just helps them take your $1000 quicker,there is risk but they have that covered aside from a catastrophe, and if that happens, they have that covered too(i.e. bailout),at least that is what they believe
 
What house? I am trading against other traders. If I lose my broker does not win, they just get commission.

Quote from ammo:

the market is gamed like a carnival, the house has it built in to win,the leverage just helps them take your $1000 quicker,there is risk but they have that covered aside from a catastrophe, and if that happens, they have that covered too(i.e. bailout),at least that is what they believe
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Quote from oraclewizard77:

What house? I am trading against other traders. If I lose my broker does not win, they just get commission.
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morgan stanley , gsax , jp morgan, etc are all trading against us,we are the mom and pops, the real mom and pops are gone
 
But I thought most of them just front run. Have co-located servers, pay for a 1 second look at bids before anyone else, and scalp for 1 - 2 ticks of profit. I doubt they are trading for longer term. Also, I doubt that they are gunning for your trades that last for days.

Quote from ammo:

morgan stanley , gsax , jp morgan, etc are all trading against us,we are the mom and pops, the real mom and pops are gone
More...
 
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