Thread: Winners get kicked out?

A guy was kicked out of a Japanese broker (DMM). This guy had earned about 1mil profit over a couple of years and obtained a letter from the broker, stating he violated a company policy. Of course the coverage was implemented in a manner. He had been a day-trader, but not a scalper. No EAs were employed by him. He had been made to shut his account, however, obtained the amount he was made by that point.

I read this episode a week on a Japanese Currency Market forum.

My question is,
Has anybody heard anything like this? (US brokers in particular)?

Don't be so trusting. Verify that advice first, gossip spreads and perhaps that trader did something that he actually violated the company's policy. Who knows? Anyways, you have no URL to this info, no name of this trader, no name of the broker so sort of hard to believe the whole thing only based on what you've said.

Nevertheless, some brokers will make the conditions unfavorable for a profitable forex trader, which normally takes place when the broker is taking the other side of the transaction.

Originally Posted by ;

do not be so trusting. Confirm that info first, gossip spreads and maybe that trader did something he really violated the organization's policy. Who understands? Anyways, you have no link to this info, no name of the trader, no name of the broker so sort of hard to believe the whole thing only based on what you have said. However, some brokers will make the conditions unfavorable to get a profitable forex trader, which normally takes place when the broker is taking another side of the transaction.

I heard the stories about several rouge traders that got kick out by brokers in this forum. But this episode I am talking about is credible. The trader is called Yoshi and the broker is DMM who is one of major Japanese forex brokers.

Originally Posted by ;

quote I heard the stories about some rouge traders that got kick out by brokers in this forum. However, this episode I'm talking about is plausible. The trader is called Yoshi and the broker is DMM who is one of major Japanese Foreign Exchange brokers.

Oops, looks like the broker was mentioned 'DMM', sorry, I thot you did some bizarre acronym or something, not a broker. Glad to learn about this story tho.

If this is true, then that's the guy's degree in gambling. He must go open up his own firm or brokerage or some thing.

Originally Posted by ;

If this is true, then that is the guy's degree in trading. He should go open up his own firm or brokerage or some thing.

You mean he climbed his account too fast? Or are you saying his profit 1mil is a lot of for retail brokers?

Originally Posted by ;

A guy was kicked out of a Japanese broker (DMM). This guy had earned about 1mil profit over a couple of years and got a letter from the broker, stating he violated a company policy. Of course the policy was implemented in a manner. He had been a day-trader, but maybe not a scalper. No EAs were employed by him. He had been made to shut his account, however, got the full amount that he was made by that point. I read this incident on a Japanese forex forum. My question is, Has anybody heard anything? (US brokers in particular)?

Hello.
Please japanese forum website link.
I can japanese.

Originally Posted by ;

quote Hello. Please japanese forum site connection. I am able to japanese.

Http://www.cmb-fund.jp/fx/blog/

Visit June 18 2013. It's a blog really, not a forum.

Follow this link for the translated english version:

http://translate.google.ca/translate...x/blog/act=url

you are gonna have to scroll down a little to find the appropriate article.

Check this thread out:
https://www.nigeriaforextrading.com/...dom-calls.html