Deception In The Markets ( and in life!)

[Soultrader]

Yes, there is nothing wrong with what Dr. Janice is doing here on the forum. Like Torero mentioned, it is getting out of hand in which any post seems like content and sincerity is being questioned. Please DO NOT post these comments directly as it ruins every thread. If there is a problem, pm the mod or myself and we will make the appropiate decision whether to keep the thread, edit, or delete it.

[PYenner]

	Quote:	torero
	Personally, I think NDD is great step toward fairness. It's possible that delays may happen but I have tradestation charts and MBtrading quote screen up to compare. I can see the discrepancies between the two (MB uses last price while TS uses the spread bid price to quote last price). Once you see the differential and no spikes, it becomes predictable. So far I haven't see spikes in one and not in the others to spot possible unethical actions. Pretty consitent so far. Best to open 2 separate quotes from NDD and ND to verify the real market action.

Good to hear it Torero.
MB will be my next NDD to check, they seem have a good rep.
Maybe one shark in the pool doesn't mean they are all sharks.
Thanks for that.

[PYenner]

Good to have you back Doc.
Thank you Torero and Soultrader.

[PYenner]

#====the $2.5 billion that Japanese individuals lost last month=====#
Phew, thats a lot of hurt.

[torero]

PY, these came from carry trades right? I read tales of housewives got into this fad. What will Wall Street invent the next hype?

[Reaver]

Lord only knows what the next fad will be....they are already trying to kick up the next wave of houseflipping due to the mortgage bust...they are saying this is the worst downturn ever...LOL...I'd like to direct their research to South Florida in the late 20's early 30's...

It's funny how the flavor of the week changes so fast but people still line up for it.

I think that article said that that woman lost $100,000 and her husband didn't know yet! Ouch. Talk about awkwardness at the dinner table. ;-)

[PYenner]

That lady and the other 2.5B were trading forex.
So my guess is that any futures losses would be on top of that...?
Long overnight without a stoploss, so the equity limit was the stop loss for that lady, 1% left. Probably overtrading too.
Hard lesson in trusting the market.

[Reaver]

You ain't lying Pyenner..ouch $100K loss in forex. man oh man.

Wonder if they were trading FX futs? No way in hell I'd trust an FX broker with $100K....

[PYenner]

	Quote:	Reaver
	No way in hell I'd trust an FX broker with $100K....

Yep and that was the whole nestegg, the family savings, all in one leveraged fx account like it was a bank account or something.

[Reaver]

Wow man...just wow is all I can say.