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Search: Posts Made By: Tymbeline

Forum: Trading Reviews and Vendors

September 19th, 2023, 01:51 PM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

I think it may be if they don't tell you that...

I think it may be if they don't tell you that it's what they're doing, i.e. if they lead you to believe that someone else, rather than themselves, is the counterparty? That's dishonest, surely? (It...

Forum: Trading Reviews and Vendors

September 19th, 2023, 11:25 AM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

If anyone wants to follow the story, MFF is in...

If anyone wants to follow the story, MFF is in temporary receivership (http://www.myforexfunds.com).

www.msbnj.com/our-team/anthony-sodono-III

Forum: Trading Reviews and Vendors

September 17th, 2023, 06:37 AM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

If there are people paying money to the company...

If there are people paying money to the company on the basis of misleading or dishonest information (whether or not they're "investors" per se), a court might declare that illegal.

Forum: Trading Reviews and Vendors

September 16th, 2023, 10:26 AM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

All the money Madoff's investors made during the...

All the money Madoff's investors made during the first couple of decades was real enough, too - but obviously that didn't make the business lawful, so it's no criterion at all by which to judge.

Forum: Trading Reviews and Vendors

September 15th, 2023, 01:30 PM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

They'll have paid out a lot in affiliate...

They'll have paid out a lot in affiliate commissions, too, I would think ... but I don't think the details of the math/figures are what really matter here, myself.

I'm more interested in the...

Forum: Trading Reviews and Vendors

September 15th, 2023, 12:47 PM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

By being the trader's counterparty. It's not...

By being the trader's counterparty. It's not complicated!

It's just what happens when you hold the other side of "trades" made by someone who succeeds. After you're "funded," Apex actually holds...

Forum: Trading Reviews and Vendors

September 15th, 2023, 08:53 AM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

I�m broadly speaking on your side of the...

I�m broadly speaking on your side of the discussion anyway (no surprise there).

I also think spot forex/CFD �funding companies� are probably a whole different world from futures funding companies....

Forum: Trading Reviews and Vendors

September 11th, 2023, 12:00 PM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

Indeed - the position-sizes that many/most of...

Indeed - the position-sizes that many/most of these funding companies allow their triallists to use give you palpitations, just looking at them.

Even at Topstep, if you try what they call the...

Forum: Trading Reviews and Vendors

September 10th, 2023, 06:17 AM

Replies: 71

Sellers of shovels are getting rich!

Views: 7,986

Posted By Tymbeline

I agree - but let's not forget that even the...

I agree - but let's not forget that even the regulators' complaint specifies that out of that $310 Mil, they paid out $173 Mil in profits to their traders (not something any spot forex/CFD broker has...

Showing results 1 to 9 of 9

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