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- TheGrind replied Jan 26, 2015
Then NFA/CFTC wins... it's obvious they never wanted retail traders in the spot market in the first place. F*ck 'em... I'm done.
- TheGrind replied Jan 26, 2015
I'm with you. Higher margins, negative balances, broker spikes, spreads that widen 10x's for no reason (your broker will say "liquidity issues", but everyone knows it's just an easy way for them to f*ck you over), FIFO... each day brings new issues, ...
- TheGrind replied Jan 26, 2015
There is actually US regulations about brokers posting on forums??? I would love to see the regulations on forum postings if you could provide them. If not, I guess it's just more bullshit from FXCM.
- TheGrind replied Jan 26, 2015
There's also a reason why this thread is allowed to thrive and Jason posts (or used to post) so much. FXCM pays FF plenty of money in advertising, and who knows what else. Don't believe me? Then tell me why the MB Trading thread is in the commercial ...
- TheGrind replied Jan 26, 2015
forgot these.... which you seem to like....
- TheGrind replied Jan 26, 2015
YOU DO HAVE A POINT... the low impact news release of Credit Card Spending Y/Y (3 hours away from is post) is SOOOO important it could rock the market!!!!!
- TheGrind replied Jan 24, 2015
Jason, is that you??
- TheGrind replied Jan 22, 2015
I reallly think FXCM is dead. 1. They've taken on a loan they can't possible pay off 2. They refuse to answer the question about wiping out negative balances, when it's a "yes or no" question and most other brokers have answered it 3. Jason is ...
- TheGrind replied Jan 21, 2015
I totally agree with what you are saying on the surface. But in reality, Jason was asked point blank and this was his response.. Everyone says, it would cost too much money to go after the negative clients, but at what point IS IT cost effective? ...
- TheGrind replied Jan 21, 2015
I've said in a few posts that they WILL go after the clients that have negative accounts. It's their only option. They can't pay off the loan without at least trying to get back some of the 225M that clients lost. Look at their balance sheet and ...
- TheGrind replied Jan 20, 2015
Everything is normal... nothing to see here.... video
- TheGrind replied Jan 20, 2015
And if you look at their income statement, it would be impossible for them to pay off the loan. Customers accounts were wiped out (so they have no money to trade), and I would image a lot of clients are fleeing. Especially since they refuse to ...
- TheGrind replied Jan 18, 2015
So you're saying all negative accounts will be deleted.. GOT IT, THANKS FOR LETTING US KNOW!
- TheGrind replied Jan 18, 2015
I think this is what's confusing about the whole thing. Some people are saying negative accounts will be deleted, and you are saying "you can lose more than your initial investment", and bitching people out about it. So FXCM needs to tell ...
- TheGrind replied Jan 18, 2015
Agree.. FXCM just got f*cked by their clients and had to take a loan (with terrible terms) just to survive through the weekend. Do they really want to take on someone else's losses and loser clients? Doesn't seem to make a lot of sense. Sounds like ...
- TheGrind replied Jan 17, 2015
This I totally agree with, and really think a LOT more is going to come out about this deal and how they are going to payoff the loan. We already know they are owed 225M from clients, that will go a long way to paying off the loan, if/when they get ...
- TheGrind replied Jan 17, 2015
What's the difference between a stop loss and a take profit?
- TheGrind replied Jan 17, 2015
Seriously? A "pre-margin call that looks ahead of the stop...." WTF? If you could do this, why wouldn't you just make it a "pre-take profit call" that looks ahead into the future to see if you're going to hit your take profit level. If you do, it ...
- TheGrind replied Jan 16, 2015
Really? "Speaks volumes of their credibility"? What they got was a two-year, $300 million senior secured term loan with an initial coupon of 10 percent. With interest rates at practically zero, a 10% loan is a good thing? They took what the only ...
- TheGrind replied Jan 16, 2015
lol... "Margin Watcher" feature don't work so well... FINALLY got a reply from Jason... video