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KongZanaTrading live room plus strategy
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KongZanaTrading live room plus strategy

  #131 (permalink)
Elite Member
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Here is the reply from VK

Make what you want and i dont have the inside information anymore than anyone else in here.

I know and until @Big Mike comes out and clarifies his findings inregards to that i am secret vendor, these sorts of questions will be raised against my name. That i can understand.

Traders need a game plan and focus on discipline and when i found VK's room , I was impressed and thus I shared my experience.

I am not VK or secret Vendor or anyone else. I am who i am and have managed to conduct my business here in BMT and Fio in respectful manner and yes there will be few in here who will say what ever they want as their focus is not in trading or learning how to trade.

Sharmas

This is from VK and @Big Mike, delete this post if you think its not appropriate.

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  #132 (permalink)
Site Administrator
Manta, Ecuador
 
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Platform: My own custom solution
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@sharmas my conclusion is that after many complaints against you, I'm really tired of it. It seems you promote vendors here that you like, but you do it in a way that makes your reputation be questioned.

I suggest you stop posting because soon my patience will be exhausted, leading to a ban.

Sent from my phone

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  #133 (permalink)
Elite Member
New York City, NY USA
 
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I have to say that I'm disappointed in VK's explanation.

Yes, I understand it. Yes, I remember when it happened, along with other ETF and interest rate index manipulations.
Yes, those years were turbulent. Yes, it could have happened to anyone.

BUT, he was managing accounts for others! He was managing an account for at least one senior retiree! That confers extra responsibility. A LOT of extra responsibility, IMO.

Maybe I don't understand ETFs well enough to comment, but I'll do so anyway -- because I think that when one agrees to manage someone else's funds, one had DAMNED-WELL better really understand the characteristics of the instruments that they are trading. I think that's something that a license helps to cover. Otherwise, it is the height of irresponsibility, IMO. In fact I have to agree that it is fraud.

Ignorance of the characteristics of the instruments one is trading (in this instance Credit Suisse ceasing issuance of shares) does not excuse one from being accused, or guilty, of fraudulent activity. Especially if one thinks he's above obtaining a license to manage someone else's funds.

I'm still a member of this room, as of right now. But someone agreeing to manage a retiree's funds, under these circumstances, has me livid.

I have an elderly aunt with whom I spend 1 week per month. I can't count the number of phone calls I field, never mind the junk mail, during that one week from scammers trying to pose as her investment advisor with an "urgent message".

Again, if one is presenting himself as someone who can manage someone else's funds, he has extra responsibilities other than those that he has managing his own account. Or even advising others in his method.

Again, it could have happened to anyone. That's fine. But he took down others with him. That's not fine.


Last edited by angela d; August 15th, 2016 at 09:41 PM.
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  #134 (permalink)
Membership Temporarily Revoked
Boston, MA
 
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I have only one cent here to proffer...

Sharmas, listen to Big M. Whatever the heck is going on with the VK guy (Seems it's really WK, but dialect stuff), just stay the heck away from it. I briefed through the legal documents, along with the C&D complaint and answer and the Ohio state code, and it's true. VK did a bad thing. Don't get caught up in it. Stay away.

Take a vacation for a while please. Just chill. Else you may very well get banned. Stay...Away... from all that noise.

My last cent for you. Good luck.

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  #135 (permalink)
Elite Member
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"Old laundry"?

Futures Edge on FIO

Which products do you trade?

 
One more comment:

VK refers to this issue as "old laundry". Seemingly with a laugh and a shrug, but nuance is often lost in text.

It's more than "old laundry" to me, or anyone who has lost money via a fraudster, or anyone who has watched their senior loved ones fall prey to a fraudster.

It's not "old laundry". It's a lot more than "old laundry".

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  #136 (permalink)
Elite Member
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Thank you and very much appreciated

I haven't posted anything on this thread for 4 months and got dragged into this.

I will go back to concentrating on my personal trading and improve my method and stay away from all this.

I am based in New Zealand and anyone can check that out and i have nothing to worry as i not a vendor or ever tried to be one.

All the best and will take a vacation from BMT for a while.

Last week has been full on and i need to chill and get away from this storm as its not mine to weather it...

Thanks

Sharmas



HoopyTrading View Post
I have only one cent here to proffer...

Sharmas, listen to Big M. Whatever the heck is going on with the VK guy (Seems it's really WK, but dialect stuff), just stay the heck away from it. I briefed through the legal documents, along with the C&D complaint and answer and the Ohio state code, and it's true. VK did a bad thing. Don't get caught up in it. Stay away.

Take a vacation for a while please. Just chill. Else you may very well get banned. Stay...Away... from all that noise.

My last cent for you. Good luck.


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  #137 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
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angela d View Post
One more comment:

VK refers to this issue as "old laundry". Seemingly with a laugh and a shrug, but nuance is often lost in text.

It's more than "old laundry" to me, or anyone who has lost money via a fraudster, or anyone who has watched their senior loved ones fall prey to a fraudster.

It's not "old laundry". It's a lot more than "old laundry".

I also noticed in @sharmas screenshot it implies a continuous or ongoing conversation about this vendor on the site. This makes me wonder as well.

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.

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  #138 (permalink)
Elite Member
New York City, NY USA
 
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Big Mike View Post
I also noticed in @sharmas screenshot it implies a continuous or ongoing conversation about this vendor on the site. This makes me wonder as well.

Mike

I'm not seeing that.

What I am seeing is a depraved disregard for his clients' financial well being.

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  #139 (permalink)
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angela d View Post
I'm not seeing that.

What I am seeing is a depraved disregard for his clients' financial well being.

You can see in the screen shot that the receiver of the e-mail was not valdemarkonzana@valdamartraderoomblahblah.com, it was his name. Most email services do this if you speak with the person on a regular basis. They "personalize" the account.

I believe this is what @Big Mike was referring to.

EDIT: After looking at the screenshot, I can now infer that @sharmas uses iCloud (Apple's email service), which does what I previously stated automatically. So disregard what I previously wrote in this post^

However, the message does say "RE:" which means they have been emailing back and forth. Also, VK responds in a very informal and "friendly" way which insinuates that he has spoken with @sharmas before.

This DOES NOT mean anything, but I am just trying to clear up what @Big Mike said regarding the picture of the response.


Last edited by rocksolid68; August 15th, 2016 at 11:14 PM.
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  #140 (permalink)
Site Administrator
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Favorite Futures: E-mini ES S&P 500
 
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Posts: 45,652 since Jun 2009
Thanks: 29,044 given, 80,657 received



rocksolid68 View Post

This DOES NOT mean anything, but I am just trying to clear up what @Big Mike said regarding the picture of the response.

"Latest"

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.

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