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- pip_seeker replied Jul 12, 2012
Like we really need any more proof as to how stupid and inept the NFA and CFTC are at regulating anything... this news is just un-believable IMHO.
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 12, 2012
It appears what brought all this to the forefront was NFA switching to checking bank funds electronically. Although it's rather ironic it took them so long to do this... and in the mean time PFGBest fought the change for some time. You know I read ...
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 11, 2012
NFA Contact Info — IMPORTANT NFA CONTACT INFORMATION FOR PFGBEST [SIZE=3]Story Link
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 11, 2012
Plan on it taking longer than a few months though... the MFGlobal mess still hasn't been completely sorted out... some of them may never collect. Do what you can as soon as you can, but it doesn't look good if you're in the USA.
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 11, 2012
The NFA and CFTC are spending just enough time at the beach. Thanks gize!
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 10, 2012
You might want to play some numbers just for the hell of it... no one I know has that kind of luck.
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 10, 2012
Credit for what? That it takes a suicide attempt for them to start looking at the books? They are even more clueless than the CFTC and that says alot right there. NFA Roll call: Please tell us if your broker firms owner shows up for work on time ...
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 10, 2012
What good is a regulator if the firm that is being regulated can just falsify documents? I thought the sole purpose of a regulator is to ensure things are done appropriately. It's even worse than I thought... the checks and balances is more or less ...
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 10, 2012
225 Mil really isn't small either... if you think about all those small accounts less than a couple grand. I would have thought consolidation would have been other firms merging with one another, not implosions of money - mismanagement. Really in a ...
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 10, 2012
Yes, for 2 years PFG got away with this. It's absurd to even call yourself regulated under such a scenario. I mean if the CFTC were found legally blind, they might have an excuse worthy enough. Lets see if Gensler tries to weasel himself out of this ...
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 10, 2012
From $225 mil to $5 mil... and the NFA (good boys club) sits there scratching their asses. Yeah makes me feel real protected. Way to go NFA and CFTC another good one for your resume of stupidity. Don't need Jim Carey for Dumb & Dumber when you got ...
US broker PFGBest freezes funds after founder's suicide attempt
- pip_seeker replied Jul 3, 2012
If you can't make fake money on a demo account, there is no reason to open a live one... and just because you can make fake money on a demo is no reason to believe you can make real money on a live one. Emotions are a fickle beast and they effect ...
Difference between Demo and Live
- pip_seeker replied Jul 3, 2012
Keep those goose bumps under control.
Help for Newbies (Discussion Thread)I know what that rush feels like just starting out... just realize those goose bumps are directly related to emotions... an emotional trader is among the 90% over time. You don't ever want to be apart of the ...
- pip_seeker replied Jul 3, 2012
That's over 18 pips it should be profit. How long did you hold the position? Maybe swap charges ate it. Also check to see what price the trade actually closed at. If that still doesn't help post a screen shot of your account statement with the trade ...
Help for Newbies (Discussion Thread)
- pip_seeker replied Jul 1, 2012
If he sounds too good to be true --- then he probably is. (too good to be true) An inflated ego has done more damage in this market than just being a dumb trader. When you think you are "untouchable" or "unstoppable" is typically when you get ...
Confidence or Overconfidence?
- pip_seeker replied Jun 28, 2012
Yeah both can take your money and neither will appologize for it.
Trading forex profitable is impossible!
- pip_seeker replied Jun 28, 2012
You must be hungry... Yes! you can has a cheeseburger!
6-figure capital: Any suggestions on broker?
- pip_seeker replied Jun 27, 2012
I think the overall number that make it is greater than 5%. You can easily look to profitability statements of the brokers in the USA to see that every quarter that there are at least close to 30% of the accounts that are winning. It's probably ...
Trading forex profitable is impossible!
- pip_seeker replied Jun 26, 2012
I'm sorry I thought you knew the definition of sarcasm. My bad. Yeah my average winners to losers profitability is some where around 78% It's really making me upset. Wow you're magic 8 ball is spot on... don't change a thing. Yeah just like my ...
Trading forex profitable is impossible!