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Old 05-06-2008, 04:22 PM
Mark Trader Mark Trader is offline
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Default Broker limiting account because results are too good!

Hey Guys,
I was talking to a Forex money manager from Russia today who says his brokers keep shutting him down or limiting his accounts. They basically told him he is too profitable (his system has generated 80% per month for the past several months) and he needs to scale down. Regarding the results, what this guy is achieving is true! My question is, has anyone heard of this issue before and can you guys give some examples of brokers that would never limit a successful trader in such a way? Thanks!

Last edited by Mark Trader : 05-07-2008 at 09:49 AM.
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Old 05-06-2008, 04:31 PM
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satyen_naik satyen_naik is offline
 

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I'ld like to get in touch with that guy 80% wow, impressive!
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Old 05-06-2008, 07:33 PM
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mytwopips mytwopips is online now
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This guy doesn't happen to be named Felix or Dmitri?

If so, it may be time to start searching for some new Forex friends.
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Old 05-06-2008, 07:47 PM
cadarkitek cadarkitek is offline
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Quote:
Originally Posted by Mark Trader View Post
Hey Guys,
I was talking to a Forex money manager from Russia today who says his brokers keep shutting him down or limiting his accounts. They basically told him he is too profitable (his system has generated 80% per month for the past several months) and he needs to scale down. Regarding the results, what is guy is achieving is true! My question is, has anyone heard of this issue before and can you guys give some examples of brokers that would never limit a successful trader in such a way? Thanks!
Which broker is he using? I hope we arent using the same.
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Old 05-09-2008, 09:48 PM
JonnyFX JonnyFX is offline
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Default Freakin' YAWN...

Quote:
Originally Posted by Mark Trader View Post
Hey Guys,
I was talking to a Forex money manager from Russia today who says his brokers keep shutting him down or limiting his accounts. They basically told him he is too profitable (his system has generated 80% per month for the past several months) and he needs to scale down. Regarding the results, what this guy is achieving is true! My question is, has anyone heard of this issue before and can you guys give some examples of brokers that would never limit a successful trader in such a way? Thanks!
Fairy tales like this now make me laugh out loud. And 80% a month is some huge deal some "broker" finds offensive? You gotta be kidding me with such outlandish story. 80% a month is some humongous amount? haha. And his firm shut him down for it? pu ha ha ha. Pathetic story.
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Old 05-11-2008, 05:22 PM
roger123doger roger123doger is offline
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haha I literally make 10,000% a month and I dont get shut down
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Old 05-15-2008, 05:45 PM
Ilovepippin Ilovepippin is offline
 

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10.000% wawawiwa that is huge.
I once traded to 2000% and thought I was king of the hill.
May I ask which broker you are using because to get to that kind of profit you must be trading news and scalp a lot.
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Old 05-15-2008, 06:23 PM
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mytwopips mytwopips is online now
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Quote:
Originally Posted by Ilovepippin View Post
10.000% wawawiwa that is huge.
I once traded to 2000% and thought I was king of the hill.
May I ask which broker you are using because to get to that kind of profit you must be trading news and scalp a lot.
It's a joke Not meant to be taken seriously (sarcasm)

Starting Balance $1,000
End of Month $1,000,000

Month after month.

Now don't make any withdrawals and at the end of the year you will have this many

$1000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000

Billy Gates who? Warren Buffet who? Oh those poor people.
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Old 05-31-2008, 10:56 AM
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Quote:
Originally Posted by mytwopips View Post
It's a joke Not meant to be taken seriously (sarcasm)


$1000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000

Billy Gates who? Warren Buffet who? Oh those poor people.
Well I would probably make a few withdrawals for basic necessities ... but would still have
$1000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000 00000000000000000000000000000

left.

Eat your hearts out BG and WB .. and Queenie of UK, too! I can lop off a few more zeros and buy your entire crown jewels collection. HAHAHAHAhaha
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