Lost half of my years salary in a week!

He is doing 10 trades a day! And in the first two days he lost 75% of the account.
This guy is not a trader, he is a butcher.
Just be thankful you only gave him a small amount.

p.s. let us know the name of the forum..And think about finding a better paying job.
 
You heard it from a mod, forum name is acceptable.
(Are you SURE about that roberk?)

Yeah get control of your accounts, PRONTO;
Why hasnt he touched them? Could it be a regulatory issue, or part of the scam-he knows you have some $ left, but the next pitch will be replenish your funds from those accounts?

Good luck , anyway, and if anyone hasnt read the site i posted thoroughly, you should.
 
Quote from roberk:

He is doing 10 trades a day! And in the first two days he lost 75% of the account.
This guy is not a trader, he is a butcher.
Just be thankful you only gave him a small amount.

p.s. let us know the name of the forum..And think about finding a better paying job.
More...

I would like to know the name of the forum. Through PM or reply please OP
 
tbh, maybe he has the magic formula if you fade his picks, losing that much in a week takes skill (i cant imagine ti was all commission!)
 
Quote from acdspit00:

He wants me to add more money to keep the margin ...
More...

Don't do that with this vendor. A profitable trader, or any experienced trader (profitable or not), should never lose so much %, particularly in such a short time. Quit now.
 
What was the arrangement? Did you open an account under his control? Or did he tell you what and when to trade?

It sounds like he scammed you, and he is itching for more.
 
Quote from forex-forex:

Good chance that he traded against a second "client" taking the opposite trades. Loses you as a client and keeps the happy client whom his more than happy with the 25% commission. Happy client stays in until he loses.

He probally divides his clients into BUY and SELL and the trades are entered at the same time.
More...

That's what I was thinking. I looked at the trade list and couldn't understand of the logic behind some of those trades.

Things could be worse. My friend had half his ass blown off in 'Nam. This guy, however, has no apparent excuse for being a half ass.
 
You must log in or register to reply here.
Back
Top