I understand @NedGr8
believe it or not this is a pretty stock standard template story that newbies’ go through
What is important now is THAT YOU LEARN FROM THE EXPERIENCE
We’ve all been here mate, so have i .
here are you mistakes so that you can learn from them.
i know it’s your friend, but she’s been trading 1 MONTH, that’s nothing. you should not have trusted her opinion, but YOUR FRIENDSHIP clouds your judgement that’s why you did it
you thought she knew more than you because you were new
NEXT TIME - Do not trust anyone with less than 1.5 years experience and get them to prove to you that they are consistantly profitable
correct, it’s good that you know that
- [quote=“NedGr8, post:1, topic:127253”]
A couple of hours after registering my account I get a call from them. It was a Senior Account Manager who would help me
it’s normal to get a call
but be suspicious when they try to help you
their FUNCTION is not to help you
their FUNCTION IS TO FACILITATE A TRADING PLATFORM FOR YOU AND TO HANDLE ANY COMPLAINTS YOU HAVE… that’s it
Anything else is a CONFLICT OF INTEREST
if anyone tells you NOW IS THE BEST TIME, it’s Bullshit.
There are always opportunities, if you miss this one, you’ll get another one.
LOL…yes… I’m sure he was going to .
NEXT TIME, ask yourself this
if Auto Trading software means… HE IS TRADING FOR YOU
and HE WORKS FOR THE BROKER
doesn’t that mean that he’s not working in your best interest
the only time you should trust someone to control your trades is IF YOU PAY THEM or IF YOU TRUST THEM, Like a friend or something.
You should have started with More, at least $1,500 to be safe and start trading with lot sizes of 0.01 lots and no more than 2 trades at a time.
NEXT TIME … Withdraw $250 so that if you lose you don’t lose your own money.
Insider trading IS ILLEGAL
if a broker claims ON THE PHONE to have insider information, this should be a big red flag
because… Trustworthy brokers WILL NEVER SAY THIS
Shonky brokers will say it and if you take the bait (Sorry i have to say this so you learn…) if you take the bait, IT PROVES YOU ARE SILLY and you will follow them into the trap
NEXT TIME… do this
"so You have insider information… is that correct ?"
he’ll say YES
say… "Ok, " and listen to him
then get off the phone
Withdraw your money immediately and close your account
When the manager calls to ask why you closed your account, you say this
"Because, either you guys are dishonest, or your staff are idiots, either way it’s too much of a risk for me to do busines with you … Goodbye"
and that’s it.
These brokers rely on stupid people… sorry… but everyone has to learn somehow.
DON’T TRADE CRYPTO CURRENCIES
i know you refused… I’m just saying
Dont’ trade Binary Options
QUESTION… since he blew $410 overnight.
is it possible (Just out of curiosity) for you to post the Account Detailed STatement here
I’m really curious to see what sort of trades were put down
if not, it’s ok, it’s your personally stuff. I Understand
but all that aside
Hope this teaches you something for next time