Good time to refresh us. What is this fight about? You made a ton of money, but then lost it all because the big unregulated banks refused to execute your trades where you could have saved a bunch of losses?
How can I "refresh" if you are refusing to listen?
Fine, it is almost my first year anniversary and I can repeat one more time. Are you ready, but with open mind and willing to listen, please. Are you ready?
Our sound success, was on its maximum levels right on the last months before crisis, and it was a fruit of a good luck by novice investors. It's gone in large part with real estates investments, lose in October 2018, wrong investment in "real world" business, BNP Paribas robbery of family foundation investment. You understand?
So, we bought a nice house and moved to live in what is in our perception is paradise for growing little kids, been close to all great culture and technology ( the flight is less then traffic in NYC) . No debts, "little" money left.
After loss of October 2008, February - March 2009, we made again decent profit which was entirely eaten by robbery hidden fees applied by Credit Suisse, and long list of other factors. Of course, should we have the today knowledge we would never let banksters-brokers to play with us this way. But does our genuine attempt to start and trust in them can be indulgence for them to defraud us? Not legally, not ethicaly. And this is our case number two ( we rises it only recently, hoped too long that their promises to "working on the solution, we are not here to rob clients", were truth).
After, 3 years of intensive study - practice. Sadly we were still wrong, believing that we need a huge capital in order to make big profit (can detail that in another post).
At that time UBS' managers, one of whom we believed to be a friend , approached us with it's "excellent' new product, " created especially for the clients as you are ...."

REAL ESTATE COLLATERIZED LOAN.
They promised to us electronic platform (TT is one they are using and we were trained to use), but in the meantime they promised in email, that by the time execution s would take about 20 seconds.
Are you still with me?
The loan was activated in October, the promise came only in February, the only interests on this months would pay nor only your and our gas, but bought me cars for both.
And until August with other impediments created by the UBS malicious manager, we could not start to trade. Can put a list with chronology, it will be even longer reading.
August 2014, we made good 10% ( traded only 50% of available capital, learned risk management a and others tools of the mastery).
Are you here, Overnight? 10% gain. This has coveted all interests up to that day and the trading capital was brought at 25% of house value=50% of the loan, as from agreement.
The bombarding with emails started, menaces, executions always worth. We made our complain and received surprise answer - 1. No more electronic platform, 2. To have DMA the minimum capital is 5 mln (so why you not indicate it in your brochures? Just to induce us to sign thus disastrous lian and give our house as collateral. But this is against low). And few others, again long list, main statement, UBS admitted to be weak in executions and their whole structure

. Are you still be with me?
If this is clear, let's proceed with part two.
September 2013, apogee of torture executions, we held position before FOMC ( can comment in deferent post details, mistakes), I called 1:58pm, the trade was closed 2:05 p. - I don't need to explain you that it costs us five times more. Correct?
We went to UBS right after, said that we can not continue thus way, infirmed them that will take a short vacation and will continue after. So, once the above is understood will continue with part two.