Best Thread CMC Markets owner answers your questions

[uk dave]

I bet you you sleep with the light on, turncoat.

 

[PC at CMC Markets]

hi Jimmy

was that meant to be another joke.

pc

It was only a joke , but I can see why you disapprove. Two heli-decks on one yacht is just extravagant.

 

[PC at CMC Markets]

hi Benny

you can open as big a position as your cash balance allows you.
The ticket size is purely for each deal. If you want to do £250 pp and ticket size is £50 pp then you have to do five deals but yes you can have as big a position as you want

tks pc

ps yes you will miss barton but hey you are 4th I see

Oh - forgot to ask! If one was betting on Schroders, for example, could one take out two orders, each for the max stake? I am assuming there is nothing to stop that?

 

[PC at CMC Markets]

hi gle101,
yes I met Simon in the priory clinic and he told me ha ha

pc

Peter, you should have seen how it was a few years back on this forum. Simon from CS took a lot of abuse for ages without trade2win doing anything. I was amazed that he endorsed it for so long time. Anyway trade2win is much better these days, and must be applauded for the way they have turned this forum around.

 

[PC at CMC Markets]

hi scose,

fair point and taken on board
thanks for taking the time to post.

pc

Peter, what credibility? This is a serious question. As someone who's been a user for two years and a bit years I've seen nothing but decline in standards. For someone like yourself it's a gold mine as T2W is now more in line with your business interests as it's populated by a load of mugs - sorry guys, but this is evidence based afaics.
As regular users we've seen a seismic shift away from people actually discussing trading methods, trading ideas, market moving news, institutional analysis, bloomberg stuff, modelling, old pit stories, bond pricing vs trading levels, option trading (although we did have a recent foray into this lol) how the pit differs from new electronic markets, prop trading and all sorts of things along those lines to double your money with spreadbetting leverage threads and ponzi schemes and child porn fiascos involving T2W staff. And in the old days case people were a lot more friendly with each other. there was banter but people discussed and talked rather than argued.
The way the site now operates and the clientèle they are pandering to are direct cause of this decline in standards.

Actually, no offence to yourself, peter, but I think that this has happened with a lot more zeal/furvore since the spread betting firms sites have become more involved.

 

[Jimmy Lulz]

hi Jimmy

was that meant to be another joke.

pc

No, it was a one-sentence distillation of Puritanism. I left some bits out but hopefully you get the gist.

 

[PC at CMC Markets]

hi Jimmy

Not aiming at any market. t2w is independent forum that anybody who is remotely interested in CMC Markets can communicate directly with me. that's it.
t2w might bring us some clients, I am sure it does but to be honest I don't know. I just thought by being on independent forum and answering questions it would open up CMC Markets more to our clients or potential clients. Good or bad is listened to on here and as a direct result of comments on here we have changed features on the platform.
It is shame truth seeker lost his marbles because he did supply some really good stuff for us to work on but unfortunately he has gone to the dark side now.

It is to be honest a good source of free research for us as company to implement change
and the good thing is that the information comes from within the industry and like I said it is free. why would we not want to communicate with our clients or potential clients. only wished I/we had done it long time ago.

tks pc

Ebay are liable? Someone should tell ebay about that, because they're unwittingly probably the world's biggest fence.

As far as reputation goes, I think T2W is where it wants to be. Look at the membership. You've got a few long-term stalwarts and a huge, never-ending churn of newbies. Which presumably is exactly what vendors and advertisers want.

This is not a go at you (I think your thread is very good) but honestly, what market is CMC aiming at? Professional traders? Or punters, newbies etc?

T2W is heavily focussed on new traders and running as a business, hence the proliferation of vendors with their ludicrous pipe-dreams, the profusion of adverts from spread bet companies etc.

 

[PC at CMC Markets]

hi Uk Dave,


so lets be clear you got a price improvement.
well done I am pleased for you

pc

You gave me + slippage today of a whole pip, I took it and ran!

 

[PC at CMC Markets]

hi gle

I rest my case

:cheesy:

pc

+slippage, we have to celebrate.:clap: Peter, I am just joking, ha ha.

 

[PC at CMC Markets]

hi Jimmy

somebody already did tell them. they lost the case for flogging counterfeit LV hand bags.

pc

Ebay are liable? Someone should tell ebay about that, because they're unwittingly probably the world's biggest fence.

As far as reputation goes, I think T2W is where it wants to be. Look at the membership. You've got a few long-term stalwarts and a huge, never-ending churn of newbies. Which presumably is exactly what vendors and advertisers want.

This is not a go at you (I think your thread is very good) but honestly, what market is CMC aiming at? Professional traders? Or punters, newbies etc?

T2W is heavily focussed on new traders and running as a business, hence the proliferation of vendors with their ludicrous pipe-dreams, the profusion of adverts from spread bet companies etc.

 

[PC at CMC Markets]

hi tar,

well you could be right but covering yourself with a disclaimer does not mean you are not liable.

anyway lets not go down that route. that is not what this forum is all about.

tks pc

I don't think so Mr. Peter the forums holds no responsibility for the stuff written here , second i don't think "weeping about slippage or rejected tickets" is an illegal activity . Discussion boards all over the net contains stuff like that against brokers . Here is a quote from T2W T&Cs :

"4.3 T2W does not warrant, represent or endorse the accuracy or reliability of any of the information, content, advertisements or any third party site and content contained on, distributed through or linked, downloaded or accessed from the Site, nor the quality of any products, services, information or other materials displayed, purchased or obtained by you as a result of an advertisement or any other information or offer on or in connection with the Site or T2W."

 

[Truth Seeker]

hi Jimmy

Not aiming at any market. t2w is independent forum that anybody who is remotely interested in CMC Markets can communicate directly with me. that's it.
t2w might bring us some clients, I am sure it does but to be honest I don't know. I just thought by being on independent forum and answering questions it would open up CMC Markets more to our clients or potential clients. Good or bad is listened to on here and as a direct result of comments on here we have changed features on the platform.
It is shame truth seeker lost his marbles because he did supply some really good stuff for us to work on but unfortunately he has gone to the dark side now.

It is to be honest a good source of free research for us as company to implement change
and the good thing is that the information comes from within the industry and like I said it is free. why would we not want to communicate with our clients or potential clients. only wished I/we had done it long time ago.

tks pc

I'm still here PC, not quite lost the plot, I've been playing with the animals and testing peoples resolve unknown to them. Cleared out some trash from the site and I am now ready to add positive as well as negative contributions if you can still handle it

 

[PC at CMC Markets]

hi gle

I thought that was the point of this thread.

pc

Maybe we should concentrate more on trading and research, could be something to consider.

 

[scose-no-doubt]

Truth Seeker is Tim Howkins

 

[Jimmy Lulz]

hi Jimmy

somebody already did tell them. they lost the case for flogging counterfeit LV hand bags.

pc

I did not know that. Mind you, I didn't know that there was such a thing as a genuine LV bag these days. I thought people who bought them were going for that new "Shopping from a bloke with a suitcase on the street who runs off when the local rozzers come strolling into view" chic.

I do understand though why people are very concerned that their designer gear is real and not fake, there's a huge difference. The fake stuff is garbage made by Chinese people in appalling sweat shops in China. Whereas the genuine stuff is garbage made by Chinese people in appalling sweat-shops in Naples.

 

[PC at CMC Markets]

hi scose
no problem. good to have you back on line

pc

Had enough of off-topic posting Peter's thread now anyway. Sorry, Peter.

 

[PC at CMC Markets]

hi Jimmy


agreed.
You can call me Peter :cheesy:

pc

I agree, unfortunately. The depth and breadth of knowledge and experience was something. Now? Just like you say - fx punters pretty much exclusively.

The thing is Scose I guess it's partly in the nature of the beast. I mean this is a nasty business and almost everything about it is sh1t. The only justification and the only motivation is success. Everything else is garbage.

Everyone is out to eat everyone else. The newbies are fodder for the vendors and the SB companies, T2W takes a slice along the way, and why not? Nobody is forced to be here and T2W might as well have some of the roll.

But as a forum, this place is a shadow.

Anyway, like you say, off-topic. Sorry Mr Cruddas for interrupting your thread. It's been interesting but probably best left now.

 

[gle101]

hi gle

I thought that was the point of this thread.

pc

Ha ha, well it sure is entertainment as well, no need denying it. It is easy to get stuck here.

 

[PC at CMC Markets]

hi truth seeker,

Once again you have got your facts wrong. And for the record I have not and nobody from this firm has threatened to withdraw advertising from this site.

Would be good one day if you could report the facts, but then again why let the facts get in the way of a good posting.

said you would be back. and you know what you will be back again.


pc

:clap:

PC

I know I said I wasn't going to post here but this needs to be said. I like the way you have whinged because you don't like what has been reported about the slippage your company is dishing out regulary on my thread, but to get the MODs here to try and silence me by threatening to take your advertising away is below the belt. You might beable to control them here, but there are many other financial sites that are not easy to be influenced. So go ahead with the gestapo and silence me, it will only be here. All you have to do is stop the silly games and closing the market at will to stop your customers from profiting at volatile times, and cut back on the slippage, don't you make enough from the losers these days?

 

[tar]

hi tar,

well you could be right but covering yourself with a disclaimer does not mean you are not liable.

anyway lets not go down that route. that is not what this forum is all about.

tks pc

Hi PC

Ironically isn't that what SB firms do after all ?!