Continuation:
As I said before, the new account manager Alex Borghese (Alex Brown in the mail) was nice, not so pushy like he others, and not demandning new deposites. They finally learned that will not make more until I got the wihdraw. He made the payout of 10k, but demanded that make an effort to "clear the bonus". After I got the 75k for the "insured" trades, my bonus was near 100k. Since I have lot of work I connot use daytime for trading. He said I will be part of the VIP program with VIP signals, an autotrading system, where i follow a professional trader who will make the trades and thereby clear the bonus over time. I had to sign a POA, a power off attorney, that would give the trader full controll my account, except withdraw. I refused at first, but then he promised that there would be max 5 trades a day of 5k each and I could stop the POA by mail witin 24 hours time. And I got a confirmation by mail for that.
He also urged me not to make more comments at the FPA as part of the deal. I agreed.
So, why am I continuing the thread now? Difficult to guess? Judge yourself who broke the deal here:
The first day went quite well. After the retreaval of the 75k and the withdrawal of he 10k my account was at 105k. Nice
After the first day, 5 trades won, one lost (one of the is not in the picture below). It were 6 trades, not 5 as agreed on, but who cares. Account up to 125k. Very nice
The next days continued 6 trades a day, some more losses, but account allways around 105k, the ammount it was at the beginning. Nothing to worry about.
I thougth, they are professionals, they can trade me up 20k in one day, if they want. Now they want to clear my bonus, but not make more wins than neccessary, but just keep it in balance arount the original ammount. The agreement was they clear my bonus, not to trade my up to a millon. Thats fair enough.
Then last friday came the attack in the morning: 6 losses in a row:
From the phonecalls I had with Borghese he knew that I am busy during the day with meetings, so that was good timing. Fortunately I had a break between my metings and saw that immediately. I knew that it would be useless to ring and stop the auto trading system. They probably would get suspicious and probably make even more bad deals to empty my account. So I locked at some charts and decided to place longterm trades immediately to empty my account myself on the basis of my limited knowlege on price action. That would be better than their trades that were deliberate to empty my account.
While I loocked in the charts to figure out the right trades they place 6 new trades:
That time "only" 4 lost and 2 won. So they can trade if they want to. I have no doubt abut that. Where the agreement was max 5 trades a day they made 12 trades, 10 lost and 2 won. That is a remarkable "successrate". Very unlikely that this is accidental. At that time my account have shrunk from 105k to 68k within 1 hours time, but then I was clear to place my trades to empty my account myself with long term trades to buy time and stop tha auto trading system. My trades were:
If that holds, I have at least 50k in my account. Surely better than an auto trading system that is reversed to create losses.
Since then I wrote may mails and ringed many times to Borghese, but he was "not available". The people at the desk told me that I am off he auto trading system now, but I want to have an email confirmation. They said that they will send me one, but the did not. Borghese is not at is office the rest of the week.
So I have broken my agreement not to write on the FPA anymore, but certainly not without reason.
Will see what Michele S. will say to that besides to "appologise for the inconvenience..."