NexusFi: Find Your Edge


Home Menu

 





Lawsuit: AMP Futures Trading aka AMP Global Clearing


Discussion in Feedback and Announcements

Updated
      Top Posters
    1. looks_one Big Mike with 32 posts (392 thanks)
    2. looks_two bobwest with 4 posts (12 thanks)
    3. looks_3 Itchymoku with 3 posts (7 thanks)
    4. looks_4 Carburo with 2 posts (4 thanks)
      Best Posters
    1. looks_one Big Mike with 12.3 thanks per post
    2. looks_two BeachTrader with 9 thanks per post
    3. looks_3 Hulk with 4 thanks per post
    4. looks_4 bobwest with 3 thanks per post
    1. trending_up 104,603 views
    2. thumb_up 527 thanks given
    3. group 53 followers
    1. forum 100 posts
    2. attach_file 43 attachments




 
Search this Thread

Lawsuit: AMP Futures Trading aka AMP Global Clearing

  #61 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,536

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

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #62 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,162 since Jan 2013
Thanks Given: 57,341
Thanks Received: 26,267


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
Thanked by:
  #63 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,894 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681


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.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Attached Thumbnails
Click image for larger version

Name:	s.png
Views:	244
Size:	243.3 KB
ID:	151799  
Reply With Quote
Thanked by:
  #64 (permalink)
 
tracer888's Avatar
 tracer888 
Ashburn, VA
 
Experience: Beginner
Platform: NT8, ThinkorSwim
Broker: TD Ameritrade (currently)
Trading: MES MNQ
Posts: 65 since Feb 2014
Thanks Given: 24
Thanks Received: 65

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
  #65 (permalink)
 
Cachevary's Avatar
 Cachevary 
Russia,Khabarovsk
 
Experience: Beginner
Platform: NT
Trading: Gold
Posts: 407 since Feb 2014

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)
 
djkiwi's Avatar
 djkiwi 
Mercer Island WA
 
Experience: Advanced
Platform: Ninjatrader/Strategy Desk
Broker: Various
Trading: TF/NQ/ES/Stocks
Posts: 561 since May 2010
Thanks Given: 981
Thanks Received: 1,558

@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
  #67 (permalink)
 
BeachTrader's Avatar
 BeachTrader 
Phoenix AZ
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP / CQG
Trading: CL, ES, NQ
Posts: 310 since Nov 2011
Thanks Given: 153
Thanks Received: 432


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
  #68 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
Posts: 934 since Feb 2014

@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.

Reply With Quote
  #69 (permalink)
 
PositiveDeviant's Avatar
 PositiveDeviant 
United Kingdom
 
Experience: Intermediate
Platform: Multicharts
Trading: Dow
Posts: 587 since Nov 2010
Thanks Given: 257
Thanks Received: 256

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
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #70 (permalink)
 chadschneid 
Omaha, NE/USA
 
Experience: Beginner
Platform: NT
Trading: stocks
Posts: 6 since Jun 2013
Thanks Given: 7
Thanks Received: 2


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

F those guys.

Reply With Quote
Thanked by:




Last Updated on June 12, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts