Lawsuit: AMP Futures Trading aka AMP Global Clearing - Feedback and Announcements | futures io social day trading
futures io futures trading


Lawsuit: AMP Futures Trading aka AMP Global Clearing
Updated: Views / Replies:74,481 / 100
Created: by Big Mike Attachments:43

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 43  
 
Thread Tools Search this Thread
 

Lawsuit: AMP Futures Trading aka AMP Global Clearing

  #61 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,353 given, 83,234 received

From ET user bone on ET:


Quoting 
And I think many of the comments in this thread, including some of my early comments, are overbearing and possibly unfair. Likewise, Big Mike himself has chosen to take small isolated snippets of what myself and Pekolo have stated in this thread and make hay with them in a big way over on futures.io (formerly BMT). Not the entire post or a link to the entire thread, mind you - just isolated snippets for his convenient talking points while conveniently glossing over some larger and certainly more sensitive issues.

Which, come to think of it, is censorship. And if he had just censored Mr. Stone half as much as he has censored my comments for his abuse and pleasure one might conclude all of this AMP lawsuit nonsense would have been avoided.

Big Mike - Elite Trader

Everyone should go read that thread and reach their own conclusions. It's a band of banned brothers over there

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 8 users say Thank You to Big Mike for this post:
 
  #62 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,635 since Jan 2013
Thanks: 26,755 given, 11,114 received
Forum Reputation: Legendary


Big Mike View Post
From ET user bone on ET:



Big Mike - Elite Trader

Everyone should go read that thread and reach their own conclusions. It's a band of banned brothers over there

Mike

Well, Mike, I went over there and read every post (to date; I'm not going back).

Not everything that was said was objectionable or wrong, and some posters supported you. I do think that the main critics got the point at issue wrong, which is that the person who runs this kind of site is not responsible or liable for what a poster independently posts. The judge was really clear that AMP had no case, and that there was nothing else at issue, and said so.

There also was some stuff that I don't agree with, but shrugged off. Life's too short to care about some things, and some opinions....

There was, however, one guy who had joined over there in "July 2014" and who had 7 posts (I counted 5 of them on that one thread.) He was foul-mouthed and rudely critical of you. It's obvious that he had just opened an account there in order to do these posts, and had an ax to grind and no scruples about how he ground it.

On futures.io (formerly BMT), the guy would have been banned the first time, for being that rude to anybody. It was an eye-opener to me; I obviously have led a sheltered internet life, being used to site administration that doesn't put up with that kind of thing.

No idea who he is, but I do expect that he's been banned from here (otherwise why the beef?), and I think he has just proved that it was a good idea to do so.

Bob.

Reply With Quote
The following user says Thank You to bobwest for this post:
 
  #63 (permalink)
Elite Member
Philadelphia
 
Futures Experience: None
Platform: corded black telephone
Favorite Futures: ticker tape
 
Itchymoku's Avatar
 
Posts: 2,892 since Apr 2012
Thanks: 1,681 given, 3,622 received


craptastic's posts are, well craptastic! I think I'd rather read /b/ than have to read the rest of that thread. Man they are really vindictive. Looks like that's Amp's stronghold considering the number of amp ads they have on the site.

Attached Thumbnails
Lawsuit: AMP Futures Trading aka AMP Global Clearing-s.png  

Last edited by Itchymoku; July 26th, 2014 at 02:44 PM.
Reply With Quote
The following 3 users say Thank You to Itchymoku for this post:
 
  #64 (permalink)
Elite Member
Ashburn, VA
 
Futures Experience: Beginner
Platform: Tradestation, Ninjatrader
Favorite Futures: NQ and YM
 
tracer888's Avatar
 
Posts: 56 since Feb 2014
Thanks: 24 given, 49 received

Congrats Big Mike! For the money, from what I can tell of the rest of the world, just whip up 1 or 2 indicators with a lot of bells and whistles (Don't forget the arrows and alert for Fat Tails) and you'll be all set !

Seriously though, thank you for defending the rights of the investment / speculator community and providing such a sound island in the middle of a world full of sharks.




Big Mike View Post
Our fund raiser for the legal fund has not raised sufficient funds to cover the cost of defending against AMP.

As of this post, we need to raise another ~ $7,500 (approximate because I don't have a final invoice from my attorneys yet).

If you wish to contribute to our legal fund, you can do so here via PayPal:

https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=R94VQ7TQ63GXA

I would like to once again thank everyone that has made a contribution to our legal fund. Once the funds raised are approximately equal to the costs of the case, I will post a notice in this thread.

Mike


Reply With Quote
The following 5 users say Thank You to tracer888 for this post:
 
  #65 (permalink)
Banned: trolling
Russia,Khabarovsk
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: Gold
 
Cachevary's Avatar
 
Posts: 407 since Feb 2014
Thanks: 138 given, 78 received

ET is a damn asylum and bone is the most arrogant person on ET when i had a set of conversation with him,as far as his opinion about the lwasuit is concerned,i`d say this..... 1:11 Welcome to Prime Time! - YouTube

bone,can i ask you smth?



I wish i never registred on ET.

Reply With Quote
 
  #66 (permalink)
Identify Evaluate Execute
Mercer Island WA
 
Futures Experience: Advanced
Platform: Ninjatrader/Strategy Desk
Broker/Data: Various
Favorite Futures: TF/NQ/ES/Stocks
 
djkiwi's Avatar
 
Posts: 561 since May 2010
Thanks: 980 given, 1,524 received

Time to move one

@Big Mike

I'm not sure why you consider the need to continue to defend yourself. You were sued, you vigorously defended your position and won the case in front of a judge in a court of law. That's all that matters.

I think digging out posts from other forums and responding to them here is beneath you and a waste of energy. It's time to move on and focus on more positive things. Go and build that nice house, sit on the beach and kickback.

There is nothing more to say apart from Congratulations!

Reply With Quote
The following 7 users say Thank You to djkiwi for this post:
 
  #67 (permalink)
Elite, not Elitist :)
San Diego
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP / CQG
Favorite Futures: CL, ES, NQ
 
BeachTrader's Avatar
 
Posts: 339 since Nov 2011
Thanks: 153 given, 401 received


djkiwi View Post
@Big Mike

I'm not sure why you consider the need to continue to defend yourself. You were sued, you vigorously defended your position and won the case in front of a judge in a court of law. That's all that matters.

I think digging out posts from other forums and responding to them here is beneath you and a waste of energy. It's time to move on and focus on more positive things. Go and build that nice house, sit on the beach and kickback.

There is nothing more to say apart from Congratulations!

Excellent post. Mike there will always be folks that don't like you (same for all of us). Please don't subject yourself to their negatively by seeking them out. If they succeed in provoking you, then they win. Don't let them!

Reply With Quote
The following 9 users say Thank You to BeachTrader for this post:
 
  #68 (permalink)
Membership Temporarily Revoked
Calgary Alberta/Canada
 
Futures Experience: Advanced
Platform: TDWaterhouse
Favorite Futures: stocks (long term)
 
Posts: 934 since Feb 2014
Thanks: 180 given, 777 received

@Big Mike....first of all I want to congratulate you on your victory in the courts.

I was involved in a lawsuit myself where a disgruntled employer decided to sue me for breach of confidence and I naively got on my high horse and took the bit in my teeth(I was innocent but did not realize he did this for fun and being a bastard) I won the pretrial, he won the appeal and it died there never going to court (he knew in a real trial he would lose and I was tired of the process) but those battles cost me about $20,000, some self esteem and a good portion of what was left of my marriage. SO...I know the stresses and strains of the process and I also know how it messes with one's head.

Yours is without a doubt the best stock forum. I am very much a minority in this community but the quality of people using your website is such that I never felt that I did not belong here. You don't allow backbiting and intolerance .... and I appreciate that more than you can know. I have participated in probably 4-5 other forums over the last decade...some of which were (as it turned out) were simply pumpers themselves who tolerated only stocks that they were pumping (they gave out a news letter 2 hours into trading). I like the variety of this site though I have put my foot in it on occasion knowing little or nothing of futures and options trading . I like the ability of explaining my thoughts and ideas through my journal. Finally I like the international quality of the members.

As others have said before me.... IT IS OVER.... time to put it behind you and focus on investing and trying out interesting ways to make this already great site better.


Last edited by Underexposed; July 29th, 2014 at 01:07 AM.
Reply With Quote
The following 2 users say Thank You to Underexposed for this post:
 
  #69 (permalink)
Elite Member
United Kingdom
 
Futures Experience: Intermediate
Platform: Multicharts
Favorite Futures: Dow
 
PositiveDeviant's Avatar
 
Posts: 587 since Nov 2010
Thanks: 257 given, 253 received

Well done Mike, hope it wasn't too stressful. I refrained from posting about my experiences with Amp during the case, and there is little point since it's water under the bridge now, suffice to say the reports on your website on their customer service were highly accurate.

"The primary thing required to obtain what you want from life, is simply the will to pursue it, and the faith to believe it is possible." - Author Unknown

"The ability to maintain discipline and stick to the rules is the hallmark of the experienced successful trader" - Curtis Faith
Reply With Quote
The following user says Thank You to PositiveDeviant for this post:
 
  #70 (permalink)
Elite Member
Omaha, NE/USA
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: stocks
 
Posts: 10 since Jun 2013
Thanks: 7 given, 2 received


Congrats Mike. Litigation SUCKS. Bet it's a huge relief, I'm happy for you.

F those guys.

Reply With Quote
The following user says Thank You to chadschneid for this post:

Reply



futures io > > > Lawsuit: AMP Futures Trading aka AMP Global Clearing

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
AMP Futures / AMP Global Review kalalex Reviews of Brokers and Data Feeds 359 August 27th, 2017 02:04 PM
Trading European & Asian Futures in IB. Crude Man IB Trader Workstation 14 May 4th, 2013 01:31 AM
Trading European & Asian Futures from US. Crude Man TradeStation 0 February 27th, 2013 12:29 AM
Trade & Hunt Futures Trading Futures Hunter Trading Journals 4 February 21st, 2012 05:29 AM
CME direct connections & clearing Scalpguy The Elite Circle 2 January 21st, 2011 02:59 AM


All times are GMT -4. The time now is 02:47 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-15 in 0.15 seconds with 20 queries on phoenix via your IP 54.226.132.197