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US level 2 market depth & what market makers actually do
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Member Since May 18, 2010 47 posts
govindkp (govindkp)
Sep 15 2010 at 18:57
I can tell if they are good because i have seen their live accounts, and they are ready to show it to investors...but not in here, and i dont force anyone to join me
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Member Since May 18, 2010 47 posts
govindkp (govindkp)
Sep 15 2010 at 18:58
dude , I have some work ok...and thanks for everything so far...its been a pleasure talking to you
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Member Since Aug 01, 2009 941 posts
Elkart (Elkart)
Sep 15 2010 at 18:59
(edited Sep 15 2010 at 19:00 )
You don't have the skills to evaluate your managers. They can look at camel poop and you wouldn't know the difference. Again - it's not that I think less of you, you just don't know this game. So you can't advise on it....
I can show you anything I want to. Simple matter of manipulation, so can they...ever met these people? Chang beer is evil. |
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Member Since May 18, 2010 47 posts
govindkp (govindkp)
Sep 15 2010 at 19:04
(edited Sep 15 2010 at 19:06 )
yeh , they are locals...most of them referred by my sales associates in alpari office
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Member Since Aug 01, 2009 941 posts
Elkart (Elkart)
Sep 15 2010 at 19:09
(edited Sep 15 2010 at 19:10 )
Not sure I understand what that means.
But I said my bit. I suggest you do a bit more homework and especially look into your liability if a client does lose all his money (or the account even under performs) and decides to take legal action. Can cost you everything you've ever had or will ever have... First stop for the lawyers will be you if you were an intermediary, not the guys you're punting. Chang beer is evil. |
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Member Since May 18, 2010 47 posts
govindkp (govindkp)
Sep 15 2010 at 19:13
i am not advertising anymore ok...i dont want anybody from here...i left that idea long before...coz we are not able to see people face to face before we do some sorta business...As a regulator , you are doing your job...
hats offand please i am not an idiot ok....they dont chose IBs from the kindergarten , i know my business, its only that i am good when i speak directly to the person , thats all 
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Member Since May 18, 2010 47 posts
govindkp (govindkp)
Sep 15 2010 at 19:14
thanks for your advice
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Member Since Aug 01, 2009 941 posts
Elkart (Elkart)
Sep 15 2010 at 19:18
(edited Sep 15 2010 at 19:25 )
Errr - they actually do chose IB's from Kindergarten, anybody is welcome, the more the better.
In any other instrument but FX you have to be a registered financial adviser in most countries to do what you're trying to do. I used to be one. Have to write exams and so on, do legislated needs analysis and things before you can place money. The FX dudes will take anyone, it's not legislated yet... I was looking into doing a company in Dubai's financial zone, and from what I've read, you're scratching the lions balls with a short stick. Where I come from we use a long stick, gives you time to run... Chang beer is evil. |
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Member Since May 18, 2010 47 posts
govindkp (govindkp)
Sep 15 2010 at 19:30
i actually dint know that...coz they were asking my marketting plans, number of clients i can introduce, so n so...thgt they needed someone good who can bring people in.. still i dont think i am a bad one in the list, coz i dont make a client invest unless i have a proper idea about them....coz some people may only have 500$ salary and they approach me with that money....i never appreciate people to do that....coz losing one months income is gona hurt...and i am sure they will try to get it back...but people who can risk, they only keep throwing money until they find the best one....thats what i think
Btw,,, if you were an IB , you can help be out to be a better one, why dont you do something like that, coz as you said, may be i need to be more clear about things that i do 
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Member Since Aug 01, 2009 941 posts
Elkart (Elkart)
Sep 15 2010 at 21:04
(edited Sep 15 2010 at 21:13 )
I'm not an IB...
I find the whole IB thing unethical. You end up taking the client to the best remuneration for you, instead of what is best for the client. To much of a conflict of interest. Chang beer is evil. |
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