Feel sorry for the millionaire
Well, for you to lose millions in revenue - I really do not feel sorry for you Dustin. Many of the people that invested money in your managed accounts do not have 1 million dollars and you lost their entire account. You lost revenue while your long time...
I learned a hard lesson this time - expensive lesson.
I closed my account out. I ended up losing 70% of my account. If I did not close it out, I could have lost the whole thing.
Every position I have is long the dollar so it looks like we are waiting for a margin call.
I just got an email from Dustin yesterday. It said he has been suspended from IBFX as a money manager and he is no longer getting paid to manage the account. He said IBFX put in place a policy that...
POA Agreement - no liquidation
I called IBFX to see if I could revoke Power of Attorney for the managed account and have them turn trading over to me. They said they would have to liquidate all positions
Is there anyway I could get them to not liquidate the positions - I would lose all of...
Pharaoh, I have been reviewing forex definitions you have been putting together. The term churning does ring a bell.
I definitely believe Dustin Pass is churning my account. And the sad thing about is I agreed to have it done, without knowing it, in the Limited Power of Attorney form I...
Interbank FX is scamming me
IBFX is scamming me.
I noticed the Dustin Pass managed account closed one of my positions on the AUDUSD on the morning of 5/19/2008. In the evening I looked at my daily statement and noticed it was placed back into my account and the trade is going in the wrong...
Interesting, all of a sudden the closed trades automagically appeared in my account history more than one hour after they were closed.
I got to keep an eye on IBFX, can't trust them.
Yes, they are definitely stealing my positions. I had two .26 lots trades short of audusd at .9470 placed 5/12/15:31. Now I have only one .19 position. Interesting.
IBFX is fishy
Now this is freakin weird. Dustin Pass's group added two trades of equal size on the audusd - shorted at .9470. Good entries I might add - after a series of sucky entries.
Now I'm looking at my open trades and one of the trades disappeared. I looked at my transaction...
Has anyone else had an issue with signing up for Forex Diamonds?
I signed up for forex diamonds Thursday 5/1/2008 and it is now 5/7/2008. My account has not been activated yet.
I sent a number of emails to support and even logged a support ticket - no response.
It looks like the...
Pharoah, I value your feedback that IBFX and Dustin Pass may not be working together to scam me - maybe that is illogical
However, the fact still remains that my account has not been allocated properly and either IBFX or Dustin Pass is responsible. Not one of the parties are taking...
Pharoah, thank you for your comments
The main reason why I think I'm being scammed is because Dustin Pass's group has not been very helpful in resolving the issue. IBFX has not been very helpful in resolving the issue either. Is it possible that if my account gets a margin call, and IBFX's...
Here is the website.
Managed Accounts.
You have to send an email in order to get more information about how the managed account works. Basically, you open an account at IBFX then you fill out forms to give Dustin Pass authorization to trade your account.
The name of his managed...
I tried to contact someone high up at IBFX - the guy I need to talk to, Dale Brown, is never in the office and always to busy to talk to me. I talked to one of Dale's subordinates and he told me any issue with allocation has been resolved and if I have any other issues talk to my account...
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