Norwegians convicted for outwitting trading system - OVERTURNED

This is a discussion on Norwegians convicted for outwitting trading system - OVERTURNED within the General Trading Chat forums, part of the T2W Archive category; I am angry. If you lose it is OK. If you win they will investigate you for two years and ...

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Old May 3, 2012, 10:31am   #8
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re: Norwegians convicted for outwitting trading system - OVERTURNED

I am angry. If you lose it is OK. If you win they will investigate you for two years and in the best case scenario find you not guilty. They have got 2 years of hell for winning $28000 dollars. I want justice for these guys. Apology from IB and a heavy compensation.
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Old May 3, 2012, 10:41am   #9
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re: Norwegians convicted for outwitting trading system - OVERTURNED

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Originally Posted by 6am View Post
I am angry. If you lose it is OK. If you win they will investigate you for two years and in the best case scenario find you not guilty. They have got 2 years of hell for winning $28000 dollars. I want justice for these guys. Apology from IB and a heavy compensation.
dont get angry.....get even
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Old May 3, 2012, 12:58pm   #10
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Re: Norwegians convicted for outwitting trading system - overturned

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Originally Posted by rsh01 View Post
sure there was a guy who did something similar but on much basic level & got heavily fined? think it was in the uk - cannot find the link.
This is the guy, IIRC he was fined over a million sterling for exploiting someone elses stupidity !

Scots trader fined £1m after betting on London Stock Exchange - The Daily Record

To fine someone for thinking doesnt quite seem right.
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Old May 3, 2012, 1:00pm   #11
 
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Re: Norwegians convicted for outwitting trading system - OVERTURNED

seem.
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Old May 3, 2012, 1:03pm   #12
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Re: Norwegians convicted for outwitting trading system - OVERTURNED

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seem.
thank you kind sir. If only my English teachers had shown such dedication
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Old May 3, 2012, 1:04pm   #13
 
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Re: Norwegians convicted for outwitting trading system - OVERTURNED



It's the only thing I'm good for around here. Can't really help out any other way - and I've been proven sh*t at it recently too.

Lulz can only get me so far.
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Old May 3, 2012, 1:06pm   #14
 
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Re: Norwegians convicted for outwitting trading system - overturned

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Originally Posted by the hare View Post
This is the guy, IIRC he was fined over a million sterling for exploiting someone elses stupidity !

Scots trader fined £1m after betting on London Stock Exchange - The Daily Record

To fine someone for thinking doesnt quite seem right.
Im confused by what he did.He beat the companies and seemed to do nothing wrong.If they are saying he did wrong,then he should be fined the whole lot and more.How can they go 1/2 way?.anyone know exactly what he did? How can small bets at start of day influence the day price on a regular bases
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