Let the client who was defrauded come forth and file a formal complaint. All others pack sand.
Sample Futures Spread Portfolio Capital Requirements (CHEAP)
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Let the client who was defrauded come forth and file a formal complaint. All others pack sand.
Looking back to the beginning of this thread, I see the issue. Spot Gold and Gold Forwards are traded OTC like FX. In fact, many of the FX ECNs also have offer XAUUSD. Comex actually doesn't do much in the way of deliveries, and they have cash-settlement if need be, the physical Gold/Silver markets are handled by the LBMA members. The LME together with LCH does handle clearing for some, but not all of the LBMA members.
Although, maybe Bone was just confused by this issue.
I wasn't confused as much as annoyed about the trolling. I stand corrected.
In terms of my own clientele, they appear to be happy about things. I received an email this morning inquiring to a client about how his trade metrics were faring, and his reply was: "With regard to my results with his methods, over 65% trades were closed in profits over last 8 months and I feel confident using the method adopted in his course. I could feel the difference between holding an outright contract and holding a spread trade for days to weeks. With spreads, I was more comfortable holding overnight as I am relatively immune to broader market movements and sudden geopolitical events. Overall, I am satisfied with my spread trade results."
In reality, its really no big deal. Regardless, i believe that Bone has real trading experience bc alot of the stuff he says reconciles with my own experience as a futures trader who has also been exposed to most strategies.
On that basis, he actually might be a good mentor for a trader with zero experience.
how one turns that into a proper consultancy business with ethical marketing tactics is a whole diff beast in terms of how you lure clients - that is what really became the core issue.....
Personally, i would pay 7.5k for IP rights to a PROVEN strategy....i just dont know whats really there. i would sign an NDA to see them before paying...not sure if he works that way. On strategies that i run, i would charge much more bc i know it will take only a few weeks to make it back.
I doubt that you could use me. You know plenty. Get enabled for screen WebICE and ClearPort Natty and Power products through TT, should be a great heat rate trade in terms of the spark spread this summer.
PJM-W is peachy but stay the fuck away from ERCOT.
I dont really want to use you. i was just trying to lighten up the tone of the thread.
Did you have to call up your power buddy in houston to finally conjure up a respons....
Yoh still dont get it.....you have to be an ecp to be enabled....and you sir are not an ecp
I have a former pit grain trader local who is sporting a gaudy 65 % Win to Loss ratio and who might be able to provide some independent feedback to a prospective client whom I pre-qualify. He started with me in the Fall.
Turns out that he's really decent with the STIRs and energy intramarkets.
Turns out that he's really decent with the STIRs and energy intramarkets.
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