NexusFi: Find Your Edge


Home Menu

 


Quotes by TradingView
Go Back   >  Search Forums  > 

Showing results 1 to 25 of 25
Search: Posts Made By: liquidcci
Forum: Brokers August 9th, 2012, 03:53 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Good luck to all PFG clients. Really hope they...

Good luck to all PFG clients. Really hope they recover funds for you guys. All of us collectively cringe on your behalf knowing it could have easily been any one of us.
Forum: Brokers July 18th, 2012, 10:51 AM
Replies: 859
Views: 265,248
Posted By liquidcci
Wasendorf is a true narcissist. He is blaming it...

Wasendorf is a true narcissist. He is blaming it all on someone else. He essentially says they made me do it.
Forum: Brokers July 18th, 2012, 10:46 AM
Replies: 859
Views: 265,248
Posted By liquidcci
I had the same experience. Years ago I had a PFG...

I had the same experience. Years ago I had a PFG account and the feed was so bad on a fast day you could get 30 ticks of slippage on every trade. In hindsight glad it happened because it made me...
Forum: Brokers July 16th, 2012, 05:31 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Great point.

Great point.
Forum: Brokers July 14th, 2012, 05:13 PM
Replies: 859
Views: 265,248
Posted By liquidcci
True I did not consider the potential forward...

True I did not consider the potential forward losses if he kept going. But a guy fooling them for 20 years with photo shop they should not be congratulating themselves for catching him. They bear...
Forum: Brokers July 14th, 2012, 04:53 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Amazing the regulators are circling the wagons...

Amazing the regulators are circling the wagons and acting like they did a good job. Next they will be handing out awards.

Have to love this quote "They are the ones that uncovered this whole...
Forum: Brokers July 13th, 2012, 03:21 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Wow been doing it for 20 years and getting away...

Wow been doing it for 20 years and getting away with it. Regulators must be complete idiots.
Forum: Brokers July 12th, 2012, 06:56 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Problem is all of these are so so for trading...

Problem is all of these are so so for trading futures. Depends how you trade I guess.
Forum: Brokers July 12th, 2012, 05:04 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Matt at Optimus sent this out to customers today....

Matt at Optimus sent this out to customers today. I attached the pdf he references. Good info in the PDF for Optimus customers.

Dear Customers,

Please find attached a letter from Howard...
Forum: Brokers July 12th, 2012, 01:59 PM
Replies: 859
Views: 265,248
Posted By liquidcci
marks FCM's under more stringent rules. But as...

marks FCM's under more stringent rules. But as we have seen that does not stop fraud from happening.
Forum: Brokers July 12th, 2012, 11:12 AM
Replies: 859
Views: 265,248
Posted By liquidcci
Put them all in jail. The son, the new wife, the...

Put them all in jail. The son, the new wife, the entire Board of Directors. It is the Board of Directors job to know what is going on in company. If they knew they are criminals. If they did not...
Forum: Brokers July 11th, 2012, 05:46 PM
Replies: 859
Views: 265,248
Posted By liquidcci
I guess if you like ridiculously high margins. ...

I guess if you like ridiculously high margins. $6210 on CL is kind of pitiful. I would much rather stay in US get better commissions and margins. Then spread risk between brokers and only keep in...
Forum: Brokers July 11th, 2012, 12:18 AM
Replies: 859
Views: 265,248
Posted By liquidcci
optionzen SIPC does not cover futures accounts it...

optionzen SIPC does not cover futures accounts it covers securities accounts. If you trade futures at VFM your account is a futures account and is not insured under SIPC.
Forum: Brokers July 10th, 2012, 07:00 PM
Replies: 859
Views: 265,248
Posted By liquidcci
I use rithmic feed with a server located close to...

I use rithmic feed with a server located close to the exchange to trade mainly CL via automated strategies. I also have a TOS account (long time TOS user). Instant is relative. I do not believe TOS...
Forum: Brokers July 10th, 2012, 05:01 PM
Replies: 859
Views: 265,248
Posted By liquidcci
kevindog great job. You handled yourself well.

kevindog great job. You handled yourself well.
Forum: Brokers July 10th, 2012, 04:19 PM
Replies: 859
Views: 265,248
Posted By liquidcci
If what we are hearing is true someone in PFG...

If what we are hearing is true someone in PFG pilfered segregated funds. Most likely the reason all accounts were frozen by the regulators was to keep any money left from going out into a Swiss bank...
Forum: Brokers July 10th, 2012, 03:02 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Plus their feed is not fast or robust enough to...

Plus their feed is not fast or robust enough to day trade futures. If taking long term positions works fine but not for intra day stuff.
Forum: Brokers July 10th, 2012, 12:59 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Dang ThatManFromTexas unfortunately I agree.

Dang ThatManFromTexas unfortunately I agree.
Forum: Brokers July 10th, 2012, 12:25 PM
Replies: 859
Views: 265,248
Posted By liquidcci
ThatManFromTexas futures trading not for faint of...

ThatManFromTexas futures trading not for faint of heart that is for sure. But "customer segregated" has always been what we thought was a backstop. Really should not need SIPC or any other...
Forum: Brokers July 10th, 2012, 11:51 AM
Replies: 859
Views: 265,248
Posted By liquidcci
The problem is we can all recommend brokers but...

The problem is we can all recommend brokers but have no reference point to know if any are truly safe. The regulators seem to never know there is a problem until it is to late. Until segregated...
Forum: Brokers July 10th, 2012, 11:17 AM
Replies: 859
Views: 265,248
Posted By liquidcci
Good job CFTC sue company that has no money...

Good job CFTC sue company that has no money because your regulators failed to see a $195 million short fall in accounts. Maybe CFTC needs to be sued.
Forum: Brokers July 9th, 2012, 10:24 PM
Replies: 859
Views: 265,248
Posted By liquidcci
I agree need some type of solution where this is...

I agree need some type of solution where this is so closely monitored that even if someone wanted to commit fraud they could not. Now it seems to be as easy as the click of a button to make...
Forum: Brokers July 9th, 2012, 09:43 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Apparently "Customer segregated funds" means...

Apparently "Customer segregated funds" means nothing. Seems way to easy for someone in a firm to dip their greedy little hands into these funds to cover their own stupidity. So many risks in...
Forum: Brokers July 9th, 2012, 07:25 PM
Replies: 859
Views: 265,248
Posted By liquidcci
Official Word

For Immediate Release
July 09, 2012
For more information contact:
Larry Dyekman (312) 781-1372, [email protected]

NFA takes emergency enforcement action against Chicago futures firms...
Forum: Brokers July 9th, 2012, 05:41 PM
Replies: 859
Views: 265,248
Posted By liquidcci
PFGBest Accounts Frozen (PFG scandal big thread)

Lets hope this is not another MF Global.

US futures broker PFGBest says its funds on hold | Reuters (http://www.reuters.com/article/2012/07/09/broker-pfg-best-idUSL2E8I9DWC20120709)
Showing results 1 to 25 of 25

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

View Results Discuss Poll
 

 
 


© 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