Are you working for a broker ? Sorry guy ...
The crooks world of futures trading
- Thread starter harrytrader
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About crooks on another level see:
Crashmaker
http://www.elitetrader.com/vb/showthread.php?s=&threadid=12447
Crashmaker
http://www.elitetrader.com/vb/showthread.php?s=&threadid=12447
I don't tell exactly that people don't have to play futures, in fact I think it is better vehicles for daytrading than stocks, I just tell my own story that could happen to some novices today. The good part of the story is that it makes me become a futures trader 
. But I would better like have entered it another way.
As for the broker, in fact at that time I didn't know anything at all and I didn't even know that I could trade myself instead of letting them trade for me ! At that Internet didn't exist so I had no easy access to informations.
. But I would better like have entered it another way.As for the broker, in fact at that time I didn't know anything at all and I didn't even know that I could trade myself instead of letting them trade for me ! At that Internet didn't exist so I had no easy access to informations.
Quote from qdz:
Told you not to play futures especially SSF. Do not let full service broker "sell" your account. I don't know if they should be called brokers. Let just call them brokers instead of crooks for clarity and time being.
I tell you, the brokers will lose of your money in 100% chance. Not because they are accidentally wrong or have bad luck in predicting the market direction. It is because they are able to deliberately and systematically lose your money. On the other side they win your money into their pockets. They not only get your commissions but also profit from you.
Ah sorry my english is so bad
Quote from Phantom Trader:
They weren't accusing you of being a boilerroom or selling heating-oil. They were comparing the German broker to those.
Zut! Seams my translator did a good employment this temperature of making passable english phrase
Good one buzzy2.
But hey, according to Harry, the crash alert is for upside crashes as well. Haven't you ever heard of a upward crashing market? Huh? Haven't you?
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