I am new to trading. I was recently contacted by 24Option, given a few short tutorial and encouraged to add 2.5K to my account to which the company will match it. I wondered to myself if trading is easy after viewing two videos...why aren't more persons successful. I never accepted the offer.
As a professional in any field, if i rely on your advice in your particular field...to a great extent i am at your mercy...i am vulnerable. That's why in a company the board or management wont be prosecuted if the action they took relied on the professional advice of an individual of company. That's why we can sue doctors, accountants and others whose advice we relied on but it never produced the results we expected. Whether we act on the advice or they do the action on our behalf, it still boils down to the same thing...the action it is based on their professional training and direction given to us!!!
The gentleman relied on a "professional" trader. In the heat of the moment and trusting the "experience" of the trader...he acted. 24Option should have ensured that the public is only served by well training "professionals" who do everything in their power to minimize losses and maximize profit.
24Option is GUILTY!!!!