Quote from asap:
pathetic.
this guy scheme is based on doing the opposite trades in their client accounts, so he can secure a riskless profit (whether in his own account or through the profit share agreement in the client's account). do the math. this is like being a hf manager but without any watchdog to put you in jail for fraud. dont you see it?
if the guy really wanted to maximize his profits, he would easily get as much buying power as he would like through any of the publicly available props that are eagerly seeking for successful traders to trader their capital.
lets just move on.
That's why I'm asking to see statements from all accounts he's trading. Of course the trust issue remains the same.