Posts by fastpipsjpy
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HotForex In Brokers May 24 2012 at 21:09
Was it your first withdrawal? Sometimes the first withdrawal takes a few days longer to verify things. I really like them and have had good experiences with them. Good luck!
Thank you for all the friendly messages and support along the way. I had a long message written, but this is clearly not a place where people come to talk about what happened, etc as it is simply a venting board now for the frustrated. I understand, when I first found forex many years ago, I personally lost well over $100,000 USD and that is solely why I wanted to learn and study so I could do better than the managed who lost all of my hard earned money. Over the past 7 years, I have grown a nice email list of forex traders, ran a nice website, created free videos all over the web and never......
Yes, you will see on the charts, that the EURGBP shot straight up in one 15 minute candle to around 0.8220 (around 40 pips). Closing there would have put us at around a 45% account loss or so. As you can see from all the previous trades I did not have a problem cutting losses and cutting losses is the way to stop from losing even more and protect the account, however the few traders I talked with stated they would not be happy in any fashion with a nearly 50% loss of their account (which clearly makes sense), so that did bias my personal judgement on the trade to some extent. Another factor......
I ran into similar comments during the last two large draw downs, then when the account recovered, everyone was nice again. Those who have been around since the start recall the hate posts and I deleted the discussion thread. After several dozen investors asked to have a new one so they could be kept up to date, I agreed...as long as things were kept honest and friendly...come good or bad. It's too bad some people are nice and friendly when they are making money, then hate and condemn when they lose it. I did not see any positive posts from those posting hate messages when we had 20 winnin......
I have private messaged you, as you wrote earlier that you are not even a client. Why are you posting to make things worse? I see this is simply becoming a hate board so I will leave it alone. I have done my best and posted everything in great detail over the past few weeks as it unfolded over time....the real clowns and emotional posting of hate only makes it more difficult on everyone and investors. Clearly you do not care about them, but I do...that is why I am still here and writing and working to do my best. Thank you.
Just as a side note, I will not entertain any further slander or false claims here. Remember, I created this page simply to update investors at all times and I have done that. I will post any updates about the PAMM as I find out more information from Hot Forex, but if you have more detailed questions, simply message me here. I have nothing to hide, everything is clear and transparent....albeit not good. There are still live trades running in the market as well. Thanks for your time once again.
Hey now....Shahid....my facebook account is only a tiny part related to forex. There is nothing there to hide and it should be back on shortly. I private messaged you here via myfxbook email and offered to talk and answer any questions. I am not a mean person or a scammer. I had 5 figures of my own money in the account. What is the reason for me to post all these updates, email people at all hours of the day and work so many long hours on this account if I only get paid when the clients make new profits? I am sorry you are disgruntled and I understand. I will work to grow the small amou......
Greetings, As you have seen, the EURGBP has closed against us due to the margin used, but a portion is still running and live. If you can see a chart, there was about a 10 pip whipsaw down and all the trades that closed were with a mere 5 pips from the very bottom. I was actually on the phone with my contact at Hot Forex as the news came out and we are going to have a Skype session tomorrow (we only had around 5 minutes of phone time today due to his schedule) to chat about the current situation both with the PAMM account and with the US residents as well. I will post more updates and thin......
Greetings, We have has this PAMM since January of this year. USA residents are no longer able to trade with our brokerage of choice however....as listed above. We had two important news events for the Great British Pound (GBP) here overnight which both were nicely in our favor. Both of these numbers were poorer than expected for the GBP, which is what we wanted to help our EURGBP trade, however we have not seen the market move in our favor much at this point, maybe 10-15 points for a short time. Thank you.
Hi there, Yes, I have no idea of what happened with the CFTC and Hot Forex, but they closed for the same reason as brokers overseas....pressure from the US....either courts, CFTC, NFA, whatever it may be. They have not been sued or have any complaints against them that I know of. But there is only one reason they, and 95% of other brokers around the world, no longer take "us". I have been "asked to leave within 2-4 weeks" from Exness (Russia), Instaforex (Russia), GoMarkets (Australia), and two others. I am not sure which had actual cases filed, but they sure all had t......
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