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Search: Posts Made By: ThatManFromTexas
Forum: Brokers October 10th, 2012, 01:44 AM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
This whole margin discussion has gotten ...

This whole margin discussion has gotten :offtopic:

:focus:

The point was/is ... considering PFG... futures are safer than forex.... :thumb:
Forum: Brokers October 9th, 2012, 08:24 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
Futures Operator The original question was,...

Futures Operator

The original question was, "In the light of PFG why trade EUR/USD instead of 6E... since with 6E at least you had some protection and regardless of the % of your money you got...
Forum: Brokers October 9th, 2012, 06:10 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
Futures Operator The point ... you missed...

Futures Operator

The point ... you missed it....

https://nexusfi.com/attachment.php?attachmentid=91553
Forum: Brokers October 7th, 2012, 11:11 AM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
Jason Rogers What I was referring to was...

Jason Rogers

What I was referring to was .... to trade a full lot of EUR/USA requires a deposit(margin) of $3000 and one pip =$12.50 ... to trade one contract of 6E where one tick = $12.50...
Forum: Brokers October 5th, 2012, 03:13 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
FCMReform I appreciate your input to the...

FCMReform

I appreciate your input to the forum .... and I am not trying to give you a hard time ... and I like your website... but help me understand....

1. Whatever amount the futures traders...
Forum: Brokers October 5th, 2012, 02:02 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
FCMReform Based on the above... why should...

FCMReform

Based on the above... why should anyone trade EUR/USD in a forex account instead of trading the 6E in the futures market?

As bad as PFG turned out to be for traders at least with...
Forum: Brokers October 5th, 2012, 12:25 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
FCMReform If you have an account with a...

FCMReform

If you have an account with a Retail Forex Exchange Dealer ... and that dealer did what PFG did.... what protections would you have?




FCMReform

The link didn't work for me.
Forum: Brokers August 17th, 2012, 06:11 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
djkiwi 1. That was part one ... injury ...

djkiwi

1. That was part one ... injury

2. Part two ... Adding insult to injury... Corzine faces no charges and is considering starting a Hedge Fund

:wtf::anger::ahhhhhh:
Forum: Brokers July 23rd, 2012, 04:18 AM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
RM99 Look on the bright side ... if you're...

RM99

Look on the bright side ... if you're trading futures you won't have to deal with the SIPC, Insurance or warranties ... Futures aren't covered... :becky:
Forum: Brokers July 23rd, 2012, 04:03 AM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
The bottom line is .... if you are trading...

The bottom line is .... if you are trading futures and your money turns up missing and is non-recoverable ...

https://nexusfi.com/attachment.php?attachmentid=82279
Forum: Brokers July 20th, 2012, 10:42 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
You can put your boots in the oven ... that don't...

You can put your boots in the oven ... that don't make 'em biscuits.... :thumb:





Keep in mind ....The broker knows the only way you will find out he was wrong ... is if the broker goes...
Forum: Brokers July 20th, 2012, 09:33 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
djkiwi Just remember... SIPC does not cover...

djkiwi

Just remember... SIPC does not cover futures or forex.
Forum: Brokers July 20th, 2012, 08:07 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
djkiwi They aren't lying to you, they just...

djkiwi

They aren't lying to you, they just didn't explain all the caveats.

The account is FDIC insured .... which means the FDIC insures the Cash while it is in the sweep account if anything...
Forum: Brokers July 20th, 2012, 06:44 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
heywally FDIC insures the bank account the...

heywally

FDIC insures the bank account the money is in. It would only apply if something happened to the bank, i.e. insolvency etc.

It would not cover anything the brokerage did, i.e....
Forum: Brokers July 20th, 2012, 09:34 AM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
The risk lies with the FCM that holds your money....

The risk lies with the FCM that holds your money. Your broker could be as honest as the day is long, but if the FCM steals your money you're still screwed.

The SIPC only covers securities, not...
Forum: Brokers July 12th, 2012, 09:13 PM
Replies: 112
Views: 40,728
Posted By ThatManFromTexas
DavidHP Atlas was founded 10 months...

DavidHP



Atlas was founded 10 months ago. Who are they and what is their standing in the industry? How did they come to their rankings?
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