Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Mysticforex

Trading Account Gone !

Recommended Posts

What would you do if your trading account was gone? For whatever reason. Broker belly up, margin call whatever.

 

Would you retire ? start over ? Explore a new means of producing income ?.

I for one would start over Once my emotional state was back to normal of course ).

Share this post


Link to post
Share on other sites
What would you do if your trading account was gone? For whatever reason. Broker belly up, margin call whatever.

 

Would you retire ? start over ? Explore a new means of producing income ?.

I for one would start over Once my emotional state was back to normal of course ).

 

File for unemployment compensation... no.

 

Seek a government bailout under the too big too fail rule... no.

 

Go on a killing spree at the branch office... maybe?

 

Move in with the kids... mmmm...No.

 

Get a job at McDonalds... mmmm... No.

 

Find a "sugar momma"... maybe... wait... mmmm... no... well maybe.

 

Run for public office... yes... become a bum.

Share this post


Link to post
Share on other sites
File for unemployment compensation... no.

 

Seek a government bailout under the too big too fail rule... no.

 

Go on a killing spree at the branch office... maybe?

 

Move in with the kids... mmmm...No.

 

Get a job at McDonalds... mmmm... No.

 

Find a "sugar momma"... maybe... wait... mmmm... no... well maybe.

 

Run for public office... yes... become a bum.

 

 

I like that. A very well thought out list of options.

Share this post


Link to post
Share on other sites
What would you do if your trading account was gone? For whatever reason. Broker belly up, margin call whatever.

 

Would you retire ? start over ? Explore a new means of producing income ?.

I for one would start over Once my emotional state was back to normal of course ).

 

from MFG experience....

thank my lucky stars I had learnt from others mistakes and had diversified my accounts, so all I could do was shrug shoulders, open a new account elsewhere and get on with it.

Diversify accounts even more, become less trusting and work out how to minimise this occurring again, leaving even less money with the brokers. (Even though the MFG account could have been worse it was not good - and FYI - for those of you in the US who may have received money back the rest of the world has not yet - still caught up in UK court cases.)

In the meantime, curse swear and plot to exact revenge, join others in consolation and wait for the court cases and inevitable blame game. The upside is that it makes you realise that money is only money, and it does not hurt that much when its gone - the loss of trust hurts more. (My blaming the accountants has not been diminished either :()

Share this post


Link to post
Share on other sites

Over the past couple of years or so, quite a few people have had to ponder this very question. From Bernie Madoff, to MF Global, and PFGBest. Like our lives, we spend all that energy building up our trading accounts only to find out that *POOF* it can all be gone as if it never were.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.