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- wookey commented Jan 25, 2024
So, a libertarian is now called a far-right, too? A New York Times school of labelling is now reaching Aljazeera, never imagined that.
- wookey commented Dec 23, 2020
Don, diplomacy and international relations are not dating. You cannot meet and break at will. We cannot take our islands and move to another part of the world. Whether we like it or not France, Belgium, Denmark etc will be our neighbours. This ...
- wookey replied Nov 23, 2016
Hi gurus, Very good thread thank you. I am studing harmonic patterns and have a question regarding Gartley and some other patterns. The rules are interpreted differently by different observers. My main concern is retracement ratios. For example the ...
- wookey commented May 20, 2015
I don't believe that people here can defend an allegedly rouge trader. If he did spoofing he broke the regulation for profit. No one of us knows the court arguments, so we have to assume that the evidence of prosecution were enough to persuade the ...
- wookey commented Apr 30, 2015
It is easy. Traders should go to ECN and manage their risk accordingly. Do not overleverage. Gaps in prices happen. In Forex it is less common, but in other market it is everyday events. Anyone who wants to gamble with 1:100 leverage should go with ...
- wookey commented Apr 27, 2015
I don't understand people here. Are you defending a rogue trader? Someone even think of him as a hero. He took money from traders like us using illegal means. If this person did it he must answer for it. It is bad enough we have to deal with banks ...
- wookey commented Apr 26, 2015
If what the US says is true, this guy is in trouble either way. Spoofing is illegal and the caused damage is huge. So if he is extradited to the US, he will unlikely be free again. Even if he miraculously wins the extradition trial by some weird ...
- wookey replied Mar 25, 2015
Magix, I was thinking of doing something similar, however, I do not understand how you can work with the desktop version of MT4 on the phone screen without mouse? I found it almost impossible even on 10 inch tablet.
- wookey replied Mar 25, 2015
First, MetaQuotes is damn slow with the updates. MT4 is 10 year old already. And MT5 is still not working adequately to be adopted by majority of brokers. And frankly MT5 for me is already very outdated comparing with competitors. Second, ...
- wookey replied Feb 20, 2015
There is no difference with the negative balances. They do have your bank info, but of course they cannot charge it unless you have a direct debit set up. And you can refuse to pay as with any other debt. Collectors from phone, utility, credit ...
- wookey replied Feb 20, 2015
Well, I never told you that you could not dispute the debt. Quite the opposite I always say that if you do not do anything the debt will be undisputed. What is dispute in your opinion? Writing e-mails or forum posts? There is a certain legal ...
- wookey replied Feb 19, 2015
You still insist that KPMG is going to sue you. Either you are one of the 9 or you did not read what I wrote. If you are one of the 9 then stop reading, yours is not a basket case. If you are not then neither KPMG nor Alpari is going to sue you. ...
- wookey replied Feb 19, 2015
I cannot give legal advices, only my opinion. And my opinion is that only your own assets can be seized. If the house is not yours it is safe. Some lawyers can point out a theoretical possibility of connecting you and the house, if for instance you ...
- wookey replied Feb 18, 2015
Why do you think KPMG will not get creditor approval? After all it is in the interest of all creditors to recover as much money as possible. Here we are talking about $1m+ debts. Certainly a good reason for action. As I wrote in my previous post you ...
- wookey replied Feb 18, 2015
I was talking about insolvency and EEO. Whether is contested or not depends on debtor. You owe the money by the contract and you owe it to Alpari. KPMG is acting on behalf of the creditors you do not owe anything to KPMG. This debt does not require ...
- wookey replied Feb 17, 2015
EEO and the Brussels Convention cannot be used in insolvency process. But it does not apply to this case. If you were a creditor of Alpari you would not be able to use them to extract your money. You would have to do it in normal insolvency process. ...
- wookey replied Feb 17, 2015
Alpari RU and UK are completely different companies. The are not connected except having the same shareholders and sharing the same name. There is no way anyone can legally refer their claim against Alpari UK to Alpari RU. Alpari RU is unregulated, ...
- wookey replied Feb 14, 2015
Mevo, I wrote that post because there are people here who like you think that while what liquidity providers did was probably legal, but it was immoral. And my point was that putting fully leveraged trades with margin call being just few pips below ...
- wookey replied Feb 14, 2015
Mevo, your concerns are valid of course, but do not think that they were not explored before in courts and by regulators. With 1:500 leverage even 100 pip gap can do a lot of damage to account. It happened before. It is why all regulated brokers ...
- wookey replied Feb 13, 2015
Great post Mevo, thank you for it. Finally someone understands what I am saying. To be clear, I am not an advocate of brokers I am trader like most of the people here. However, I have vast experience and I remember the times when gaps 100-200 pips ...