Never ever put all your eggs to one broker

[praveen taneja]

Newbie, why don't you come to the United States and run for president. I think I could like you more than Cain.

:rofl::rofl::rofl::rofl::rofl:

Nice sense of humour But Obama can dye of heart atack:rofl:

 

[praveen taneja]

Off topic Any one know anysite where i can get live rate of mcx specially Gold???
with auto refresh ?? Thnx in advance

 

[DanPickUp]

This maybe helps:

http://www.marketcalls.in/software/live-mcx-and-sensex-metaquotes-charts.html

You may place your question in the tools and resources section. Could imagine that there are more people which could help you compare to this thread, which is absolutely out of your topic.

Have a nice weekend

DanPickUp

 

[DanPickUp]

Just an update to the situation, this time with a series of some videos:

The first video is the newest and then it goes back to past days.

http://online.wsj.com/article/SB100....html#articleTabs_comments=&articleTabs=video

Edit:

The video from the 04.11.2011 is not to take serious as the money is still missing. ( MFGlobal finds funds at JP Morgan )

 

[DanPickUp]

Hi

That is what transfered customers from MFGlobal face with any broker they went transfered to:

http://www.rjobrien.com/mfglobal/

and then read this part word by word:

R.J. OBrien Margin Policy Update for Former MF Global Customers

As a result, every former MF Global account faces a margin call. No excess equity was transferred.

Heavy stuff !!

 

[timepass]

But MF Global transferred the funds elsewhere

Money Found in Britain May Belong to MF Global

 

[DanPickUp]

But MF Global transferred the funds elsewhere

Money Found in Britain May Belong to MF Global

My friend

There is absolutely nothing to laugh about it. Why? If it is then proofed, that this money is customers money, the loss from 1.2 Bil USD would be reduced to 1 Bil USD.

That means, that we still face a loss of about 40% from our cash funds. And that is not funny !

Imagine it is your money and you suddenly have only 60& left from the day before. Such things make you very angry, specially if it is not your fault.

The transfered accounts are transferred with out money. Only positions have been transfered so that traders and hedge funds could give orders what to do with them.

Cash will be given at the moment the trustee knows, how much he has and how much is lost. This can take time.

Hope you understand now why I am not in any mood to laugh about it as we only can wait and hope that once a day in the future some cash comes back to our accounts.

Thank you and all the best in your trading

DanPickUp

 

[DanPickUp]

http://www.businessweek.com/news/20...to-return-up-to-2-1-billion-to-customers.html

 

[DanPickUp]

What will it take to stop this crimes?

http://www.youtube.com/watch?feature=player_embedded&v=jLt05sN7vK0

 

[DanPickUp]

Hi

Just in case: Some of you may are interested about this. The link shows the official page for the MFGlobal liquidation. Here you will find the claim forms which have to be filled from those which lost money with MFGlobal. Important: Dead line is the 31. January 2012 at 11:59.

http://dm.epiq11.com/MFG/Project/default.aspx

And this link explains how to fill out this claim form.

http://at.pscdn.net/008/00102/videoplatform/111215mfcustomer.html

DanPickUp