Out of curiosity........

This is a discussion on Out of curiosity........ within the General Trading Chat forums, part of the Reception category; ...........has anyone had a spreadbetting account closed because they've been winning too consistently?...

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Old Mar 31, 2006, 2:41pm   #1
 
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Out of curiosity........

...........has anyone had a spreadbetting account closed because they've been winning too consistently?
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Old Mar 31, 2006, 2:49pm   #2
 
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Vince Stanzione claims to have had this happen, whether you believe that or not...?
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Old Mar 31, 2006, 4:49pm   #3
 
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Quote:
Originally Posted by JimyT
...........has anyone had a spreadbetting account closed because they've been winning too consistently?

No, but it remains one of my ambitions in life.
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Old Mar 31, 2006, 5:08pm   #4
 
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Originally Posted by dick_dastardly
No, but it remains one of my ambitions in life.

Would certainly be one for the CV!
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Old Apr 1, 2006, 8:23am   #5
 
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I do not belive it
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Old Apr 1, 2006, 2:06pm   #6
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.....i am aware of people being put on manaul execution though - which can be a spanner in the works
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Old Apr 1, 2006, 2:55pm   #7
 
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Quote:
Originally Posted by JimyT
...........has anyone had a spreadbetting account closed because they've been winning too consistently?
Quotes from Simon on the Capital Spreads thread.

"We have a policy of not closing clients just because they are winning" also "And anyway why on earth would I want to lose a client who gives us a good 'heads up' on a market? If you had a friend who consistently made money would you not want to make the same trades as him?

But then again its said that only 5% are winners anyway so not many closed accounts because of success, more a case of no money left to trade with
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