Separate commercial offers from private traders vote results

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Separate commercial offers from private traders Discussion

Nov 28, 2010 at 08:55
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4 Replies
Member Since Nov 18, 2009   735 posts
Nov 28, 2010 at 08:55
I'd like to suggest some good visual separation of those users/accounts who offer managed account services, EAs for sale, etc, from the rest of us who trade for whatever reason, without trying to sell anything to others.

I'm not saying that 'commercial' is bad, just let's call a spade a spade.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Nov 18, 2009   735 posts
Nov 30, 2010 at 11:17
Furthermore, if anyone offering commercial services, would have to pay a small monthly membership fee, say, $10, strictly via wire transfer, there would be their bank details - makes it easier to catch them if they steal your money.

I understand all you scammers will vote no 😁
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Oct 28, 2009   1424 posts
Nov 30, 2010 at 11:32
I think it's a great idea, it would really help people visiting the site to know straight away who to approach for management and the idea of a nominal fee to help with the authenticity of commercial operations is brilliant. If it's a nominal fee then why not make it $1.
The one thing I wonder though is whether MyFxBook would want to cooperate it helping to smoke out the scammers in this way.


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Mar 13, 2010   32 posts
Nov 30, 2010 at 12:58
I find the idea is good, but believe that a single sign visible in the systems list, signalling that a system allows to be joined by investors, along with the broker platform, would do the job sufficiently. The place for system description is given.

As about the scam protection, I believe that a managed currency account is one of the safest places, as long as you know and respect risks. If a manager loses your money it's not a good thing, but there shouldn't exist any managed currency accounts allowing the manager to withdraw client funds without the client's explicit consent.
Buddha is my auditor
Member Since Feb 16, 2010   1332 posts
Dec 07, 2010 at 20:58
This lately is becoming a must do.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
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