Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Make what you want and i dont have the inside information anymore than anyone else in here.
I know and until @Big Mike comes out and clarifies his findings inregards to that i am secret vendor, these sorts of questions will be raised against my name. That i can understand.
Traders need a game plan and focus on discipline and when i found VK's room , I was impressed and thus I shared my experience.
I am not VK or secret Vendor or anyone else. I am who i am and have managed to conduct my business here in BMT and Fio in respectful manner and yes there will be few in here who will say what ever they want as their focus is not in trading or learning how to trade.
Sharmas
This is from VK and @Big Mike, delete this post if you think its not appropriate.
@sharmas my conclusion is that after many complaints against you, I'm really tired of it. It seems you promote vendors here that you like, but you do it in a way that makes your reputation be questioned.
I suggest you stop posting because soon my patience will be exhausted, leading to a ban.
I have to say that I'm disappointed in VK's explanation.
Yes, I understand it. Yes, I remember when it happened, along with other ETF and interest rate index manipulations.
Yes, those years were turbulent. Yes, it could have happened to anyone.
BUT, he was managing accounts for others! He was managing an account for at least one senior retiree! That confers extra responsibility. A LOT of extra responsibility, IMO.
Maybe I don't understand ETFs well enough to comment, but I'll do so anyway -- because I think that when one agrees to manage someone else's funds, one had DAMNED-WELL better really understand the characteristics of the instruments that they are trading. I think that's something that a license helps to cover. Otherwise, it is the height of irresponsibility, IMO. In fact I have to agree that it is fraud.
Ignorance of the characteristics of the instruments one is trading (in this instance Credit Suisse ceasing issuance of shares) does not excuse one from being accused, or guilty, of fraudulent activity. Especially if one thinks he's above obtaining a license to manage someone else's funds.
I'm still a member of this room, as of right now. But someone agreeing to manage a retiree's funds, under these circumstances, has me livid.
I have an elderly aunt with whom I spend 1 week per month. I can't count the number of phone calls I field, never mind the junk mail, during that one week from scammers trying to pose as her investment advisor with an "urgent message".
Again, if one is presenting himself as someone who can manage someone else's funds, he has extra responsibilities other than those that he has managing his own account. Or even advising others in his method.
Again, it could have happened to anyone. That's fine. But he took down others with him. That's not fine.
Sharmas, listen to Big M. Whatever the heck is going on with the VK guy (Seems it's really WK, but dialect stuff), just stay the heck away from it. I briefed through the legal documents, along with the C&D complaint and answer and the Ohio state code, and it's true. VK did a bad thing. Don't get caught up in it. Stay away.
Take a vacation for a while please. Just chill. Else you may very well get banned. Stay...Away... from all that noise.
VK refers to this issue as "old laundry". Seemingly with a laugh and a shrug, but nuance is often lost in text.
It's more than "old laundry" to me, or anyone who has lost money via a fraudster, or anyone who has watched their senior loved ones fall prey to a fraudster.
It's not "old laundry". It's a lot more than "old laundry".
You can see in the screen shot that the receiver of the e-mail was not [email protected], it was his name. Most email services do this if you speak with the person on a regular basis. They "personalize" the account.
I believe this is what @Big Mike was referring to.
EDIT: After looking at the screenshot, I can now infer that @sharmas uses iCloud (Apple's email service), which does what I previously stated automatically. So disregard what I previously wrote in this post^
However, the message does say "RE:" which means they have been emailing back and forth. Also, VK responds in a very informal and "friendly" way which insinuates that he has spoken with @sharmas before.
This DOES NOT mean anything, but I am just trying to clear up what @Big Mike said regarding the picture of the response.