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- jw1981 commented Jan 30, 2015
Hey hantec.. How are your AUDUSD longs coming along??? Lol!!! And the fact that you don't even use your very own MT4 for your charts speaks volumes.
Euro consolidating but Cable looks ready for the next downside leg
- jw1981 commented Jan 27, 2015
Sure.. don't touch the CHF.. But be careful of the Euro too.
SNB’s Danthine: Still prepared to intervene in FX market
- jw1981 replied Jan 22, 2015
K -wave or not, the writing was there on the wall for everyone to see. SNB has a bad reputation of fixing the currency and then breaking it. It was 1.5 back then, then 1.2 and trust me sooner or later they'll come back with a peg yet again. There is ...
Brokers chasing you for negative account balance
- jw1981 commented Jan 21, 2015
How are the longs coming along?
Could "Doji" candles on AUD/USD be set to signal a turnaorund?
- jw1981 replied Jan 19, 2015
Your argument would be valid if the broker merely hosted 1 page. Would you buy a house looking at it from the outside? Or when you buy a car, wouldn't you look beyond the looks of the car and check on mileage, horsepower and stuff? Shouldn't ...
Brokers chasing you for negative account balance
- jw1981 replied Jan 19, 2015
Don't you think you're just looking for an excuse? I can get your point of view, if the broker absolutely did not mention this at all, but look to the T&C's and its all there in B&W. Further more, with ECN's for most part, brokers do also post ...
Brokers chasing you for negative account balance
- jw1981 replied Jan 19, 2015
Everybody was enjoying the benefits of leverage until the SNB steamrolled onto us retail traders. Emotions aside, don't you think its fair that when we trade on leverage (borrowed money from the broker) we are responsible for that? We enjoyed the ...
Brokers chasing you for negative account balance
- jw1981 commented Jan 19, 2015
"A small number of Hantec Markets’ clients sustained losses greater than the balance of their accounts due to the severe lack of liquidity and subsequent gaps in market pricing" So what will you be doing about them??
Hantec Markets remains in a strong financial position following SNB decision
- jw1981 commented Jan 19, 2015
Taking a 50% hit is better than being completely wiped out. In case you didn't learn from last thursday. Either the SNB had to bear the losses or the retail side. Guess we know which side took the hit now.
The SNB is 48% Privately Owned…No Wonder They De-pegged
- jw1981 replied Jan 19, 2015
Members who have taken a hit should perhaps also update on how leveraged they were. As the dust starts to settle, its clear that leverage is probably the biggest underlying factor? I'm already thinking of getting mine down to 50 from 100. Thoughts ...
CHF move as a broker "Stress Test" - Which tried to honor SL's?
- jw1981 commented Jan 19, 2015
Reports suggest that the loss they took amounted to close to 50% of their 2014 profits. If one has to take it at face value, then pulling the plug on the peg seemed like a sensible decision rather than incur bigger losses. That being said, the SNB ...
The SNB is 48% Privately Owned…No Wonder They De-pegged
- jw1981 replied Jan 19, 2015
The more I think about this, the more questions come to mind. Why would they deduct IB commissions? Considering IB's get paid a part of the commission, equity profits or losses shouldn't play a role. Would be good if the OP updates on this or tells ...
Broker deducted from my commission after IB client lost money
- jw1981 replied Jan 17, 2015
No one? I'm heading off the store to stock up on some extra packs of essentials. (Inflation effects at play. Buy when consumers expect prices to rise)
Draghi's QE and average Joe
- jw1981 commented Jan 16, 2015
So you're still on crutches....
Jim Rogers: I Warned You The Swiss Central Bank's Currency Policy Would End Disastrously
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Draghi's QE and average Joe
Started Jan 16, 2015|Trading Discussion|1 reply
Can some of the more experienced members weigh in with their thoughts on what the average ...
- jw1981 replied Jan 16, 2015
At least the ones who were first to admit have ensured that the client funds are separate from the business capital. I'm sure more skeletons will come out of the closet in the next week. Still quite a few brokers sitting silent on the issue with no ...
CHF move as a broker "Stress Test" - Which tried to honor SL's?
- jw1981 commented Jan 16, 2015
In other words, they were running a B-book for the most part with the exception of a few accounts which amounted to 1.6% of the losses. Good. Another broker to add to 'The List'
Explanation of the situation with CHF. EXNESS is honoring all of its financial obligations in...
- jw1981 commented Jan 16, 2015
Oh no... Another Peter Schiff to add to the list??? O_o
Jim Rogers: I Warned You The Swiss Central Bank's Currency Policy Would End Disastrously
- jw1981 replied Jan 16, 2015
I know it can be frustrating. But two points: 1. You didn't take a -ve hit to your account, given the circumstances, so something to cheer about. 2. ETX sure must be busy as with other queries pouring in. Give them some time. If you still don't get ...
CHF move as a broker "Stress Test" - Which tried to honor SL's?
- jw1981 replied Jan 16, 2015
Have you tried speaking to them first to find out why they deducted your profits? I think that would be a good starting point.
CHF move as a broker "Stress Test" - Which tried to honor SL's?