Spreadbetting Companies Want YOU to Lose? Any Thoughts - You Tube Video Link

[barjon]

Unfortunately there a lot of jargon BS artist hiding behind that to appear as
" industry experts " that we should look up apparently.

just in case you miss it http://www.trade2win.com/boards/spr...ughts-you-tube-video-link-35.html#post2957912

 

[barjon]

This is a dumb statement .It is tax free because it is like horse betting or any other form of gambling , to most ordinary people.99 % of them lose , according to your rebuttal grass the Tar Man.

Of course it's a dumb statement. It was replying to a dumb assertion that SB need not act as a market maker. It's tax free because it's classed as betting, not because people lose. SB companies do pay betting tax, of course.

 

[foroom lluzers]

I think he probably knows a damn sight more than you. Have a read of http://www.trade2win.com/boards/spread-betting-cfds/220766-interview-highbury-fx.html you might learn something, but I doubt it.

I then another spread bet company in London and finally to where i am now, a fca and cysec regulated stp spreadbetting and cfd company. I run the company as ceo -

There

 

[barjon]

There

yes, so he knows much more about it than you can ever hope to. He's fairly straightforward, just read the thread.

 

[foroom lluzers]

yes, so he knows much more about it than you can ever hope to. He's fairly straightforward, just read the thread.

Experience of being robbed by stop hunting ,is a greater wisdom , after the event , than listening to the salesman .

I do use S B companies , but I know how to get these suckers to go for stops , then hit them wen they run to my stops .It is baiting the badgers with small stops then , when they come to get your stops , hit them with large counter trades.

 

[foroom lluzers]

There are good things about SP companies , like the daily options and immediate fills which make money for me.I am not against the S B , but you must know all your risks.

 

[itspossible]

Experience of being robbed by stop hunting ,is a greater wisdom , after the event , than listening to the salesman .

I do use S B companies , but I know how to get these suckers to go for stops , then hit them wen they run to my stops .It is baiting the badgers with small stops then , when they come to get your stops , hit them with large counter trades.

do they really take out DEMO stops?

 

[foroom lluzers]

do they really take out DEMO stops?

They like to go for big book of real money.The owners are all very rich.

 

[EnlightenedJoe]

Experience of being robbed by stop hunting ,is a greater wisdom , after the event , than listening to the salesman .

I do use S B companies , but I know how to get these suckers to go for stops , then hit them wen they run to my stops .It is baiting the badgers with small stops then , when they come to get your stops , hit them with large counter trades.

Where did you steal that idea from ? Don't tell me you invented it.

 

[EnlightenedJoe]

I think he probably knows a damn sight more than you.

Not really, I had to take him round a circle for him to work out stops are orders. He's only slightly more experienced than you.

 

[barjon]

Experience of being robbed by stop hunting ,is a greater wisdom , after the event , than listening to the salesman .

I do use S B companies , but I know how to get these suckers to go for stops , then hit them wen they run to my stops .It is baiting the badgers with small stops then , when they come to get your stops , hit them with large counter trades.

So what was the instrument? And what was the "real" market doing at the time? I expect you complained to the FCA given the big money you throw about, so what did they say? Or were you chancing some really chancy outfit from Cyprus or somewhere?

 

[foroom lluzers]

You should never view your challenges as a disadvantage. Instead, it's important for you to understand that your experience facing and overcoming adversity is actually one of your biggest advantages.

Be brave. Take risks. Nothing can substitute experience not even the seller's stories.

 

[foroom lluzers]

So what was the instrument? And what was the "real" market doing at the time? I expect you complained to the FCA given the big money you throw about, so what did they say? Or were you chancing some really chancy outfit from Cyprus or somewhere?

You can't complain , they have a contract in writing with you , that you trade with their book.

The instrument was the ftse 1n 1999 , price went 150 ticks against me middle of the night.

 

[barjon]

Not really, I had to take him round a circle for him to work out stops are orders. He's only slightly more experienced than you.

Er! He ran rings round you, joe. Showed you up as a know nothing even though you tried to wriggle out of it (even to the extent of saying you never said they hunted stops in the first place - despite the evidence of your own words). Then the feeble attempt to say that fulfilling a stop order, or any order, was "hunting". What a laugh, hunting by your somewhat tortured definition maybe, but everyone else defines "hunting" as it should be.

 

[foroom lluzers]

Where did you steal that idea from ? Don't tell me you invented it.

That is how the merchants trade , every time you put a trade , they move price against you .So you buy more or add , and screw them harder than they screw you.

 

[barjon]

You can't complain , they have a contract in writing with you , that you trade with their book.

The instrument was the ftse 1n 1999 , price went 150 ticks against me middle of the night.

Did you complain? Were FTSE futures open for trading elsewhere? If so, what was the movement?

 

[foroom lluzers]

Did you complain? Were FTSE futures open for trading elsewhere? If so, what was the movement?

Middle of night , no markets were open , midnight stops robbery by S B co.

I complained "they said you trade our book " ,i.e the bucket shop book.

 

[barjon]

Middle of night , no markets were open , midnight stops robbery by S B co.

I complained "they said you trade our book " ,i.e the bucket shop book.

so what was happening to the markets that were open?

 

[foroom lluzers]

so what was happening to the markets that were open?

They were closed , Don't remember if dow was traded and open for trading on globex at night. I G were moving all prices.

 

[EnlightenedJoe]

Er! He ran rings round you, joe. Showed you up as a know nothing even though you tried to wriggle out of it (even to the extent of saying you never said they hunted stops in the first place - despite the evidence of your own words). Then the feeble attempt to say that fulfilling a stop order, or any order, was "hunting". What a laugh, hunting by your somewhat tortured definition maybe, but everyone else defines "hunting" as it should be.

What is your definition of hunting ? Let's get this into the records.