Disliked{quote} Gosh!! Are people that naive? It amazes me!! Or should I say it disgusts me!! MM must have a deal with the devil to mesmerized people so they can't see the truth. What oanda did was to "forgive" negative balances. NEGATIVE balances....not losses. They did not forgave any margin call or losses from the event.....they pocket their clients margin calls and losses, as they always do. So after making a killing from their clients losses they decided to capitalize on negative balances. They are not stupid, negative balances are costly and...Ignored
Amazing, isn't it. Yeah, we lost $50M, we're just going to "forgive" it. lol. These people who haven't a clue are exactly the reason the NFA and CFTC feel we need to be regulated. Absolutely amazing.