NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 25 of 34
Search: Posts Made By: kevinkdog
Forum: Brokers October 4th, 2013, 05:45 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
That is too funny! The phone number has an...

That is too funny! The phone number has an interesting history: http://800notes.com/Phone.aspx/1-239-257-4961

I'm glad you did not fall for it!
Forum: Brokers January 22nd, 2013, 09:38 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
I recommend you contact the trustee. They might...

I recommend you contact the trustee. They might be able to give you some info.
Forum: Brokers November 2nd, 2012, 07:57 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Nakachalet - I had to submit my Proof Of...

Nakachalet -

I had to submit my Proof Of Claim 3 or 4 times before they finally got it. First, they said they could not read a zip file. Had to be PDF. Then, I think it was too big. A couple...
Forum: Brokers November 2nd, 2012, 06:21 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
The money will go to one of the Forex brokers I...

The money will go to one of the Forex brokers I have, or 1 of the futures firms I use. I have 2 of each right now. I'd really rather not mention them by name in this forum. You can PM me though.
Forum: Brokers November 2nd, 2012, 05:56 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
I received a stmt from Vision a few days ago. I...

I received a stmt from Vision a few days ago. I filled out Form 2 for Vision (for them to sent me my money). I e-mail Vision all required docs on Thursday.

Today I got reply from Vision saying...
Forum: Brokers October 28th, 2012, 12:21 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
I have not, yet. I've gotten numerous e-mails...

I have not, yet. I've gotten numerous e-mails from my IB saying the money is at Vision, though.
Forum: Brokers October 21st, 2012, 04:02 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
I think this would be for futures on stocks (One...

I think this would be for futures on stocks (One Chicago exchange, OneChicago The Single Stock Futures Exchange (http://www.onechicago.com/)). although I cannot say for sure. I checked no on my...
Forum: Brokers September 27th, 2012, 09:20 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Good question. I would probably contact the...

Good question. I would probably contact the Bankruptcy Trustee, or maybe the NFA. There should be a link on the websites set up for the bankruptcy. If you have received e-mails from the NFA or...
Forum: Brokers September 27th, 2012, 06:04 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
International Only

The above process is for International customers only. Here is the e-mail I just received:

"The email regarding PFG Best Distribution Registration was intended for International customers only. ...
Forum: Brokers September 26th, 2012, 06:35 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Maybe Olobay can give the address of the other...

Maybe Olobay can give the address of the other link, listed in the bottom of the e-mail he received.
Forum: Brokers July 12th, 2012, 06:05 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Latest e-mail from Tradestation...bottom line -...

Latest e-mail from Tradestation...bottom line - no extra protection...


"Dear Mr. Davey,



I apologize for the confusion. Since the wording on our website is not perfectly clear, I spoke...
Forum: Brokers July 12th, 2012, 12:09 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Since I got a different answer directly from TS...

Since I got a different answer directly from TS (via e-mail), it is obvious that they don't even know. Great.
Forum: Brokers July 12th, 2012, 12:05 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Gotcha. Thanks for clarifying. This is key: ...

Gotcha. Thanks for clarifying. This is key:
"do you feel it is prudent to continue trading or does the situation warrant standing aside until things become more clear ."
Forum: Brokers July 12th, 2012, 10:34 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
I'm confused. You brought up 5 issues with the...

I'm confused. You brought up 5 issues with the Lloyd's policy in the first place...
Forum: Brokers July 12th, 2012, 08:55 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
Thanks for the great discussion, everyone. ...

Thanks for the great discussion, everyone.


I wonder what Lloyds of London believe they are insuring?

Tradestation Customer Service and even the CFO (if Mike gets a response) might believe...
Forum: Brokers July 11th, 2012, 06:32 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Even though Tradestation calls this "excess SIPC...

Even though Tradestation calls this "excess SIPC insurance," I have confirmed with Tradestation that it DOES COVER futures accounts (as karoshiman stated).

Sorry again for doubting you karoshiman....
Forum: Brokers July 11th, 2012, 10:31 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
I did not get a statement last night, and my...

I did not get a statement last night, and my online platform still shows I have open positions. It also says I need $2.4 million in margin for 7 open positions (probably to force the margin call...
Forum: Brokers July 10th, 2012, 04:23 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Thanks for the kind words. First time doing that...

Thanks for the kind words. First time doing that sort of thing, so I was just a bit nervous!

I will post a link when I get if from FBN.
Forum: Brokers July 10th, 2012, 01:14 PM
Replies: 859
Views: 263,889
Posted By kevinkdog
Fox Business

I know I am new here, and many of you do not know me, but I will be on Fox Business Channel's Closing Bell with Liz Claman" at 3 PM EDT today, to give perspective from a PFG account holder.

I...
Forum: Brokers July 10th, 2012, 10:44 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
He actually did get it in writing from a TS rep...

He actually did get it in writing from a TS rep on 6/5/2012. Here is what the rep said (bolding is mine):

karoshiman,

SIPC protection applies only to equities accounts. Futures and forex...
Forum: Brokers July 10th, 2012, 10:32 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
Mike - All funds are frozen. From...

Mike -

All funds are frozen.

From yesterday's e-mail: "Until further notice, PFGBEST is not authorized to release any funds."

And, as of this morning, they are closing all open positions.
Forum: Brokers July 10th, 2012, 10:30 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
Thanks for the clarification. I remember reading...

Thanks for the clarification. I remember reading your post over there. It sounds like that additional policy is through Lloyd's of London. That is why I am confused - it is not the gov't (SIPC)...
Forum: Brokers July 10th, 2012, 10:08 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
I have Tradestation account too. SIPC insurance...

I have Tradestation account too. SIPC insurance does NOT protect futures and forex accounts. Only stock accounts. So, you are not as protected as you think.


edit: Karoshiman is referring to...
Forum: Brokers July 10th, 2012, 10:02 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
Good point, Jura. If you used this approach, you...

Good point, Jura. If you used this approach, you would have to be careful to make sure that the different brokers were clearing firms themselves, or were associated with different clearing firms. ...
Forum: Brokers July 10th, 2012, 09:08 AM
Replies: 859
Views: 263,889
Posted By kevinkdog
I feel bad from Nick at PFG, and the other good...

I feel bad from Nick at PFG, and the other good honest people there. Nick is a really nice and helpful guy, and doesn't deserve this.
Showing results 1 to 25 of 34

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

 


 
 


© 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