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Need some advice. Was offered an account to trade

Posted: Mon Feb 09, 2015 2:57 am
by v8power
So pretty much what the subject says. I was contacted by a gentlemen that knows of my trading ability and has offered to let me trade an account that he has already funded. The thing that Im not sure on is that it is through Boss capital, bosscapital.com. Has anyone heard of them. It is binary options. The risk to reward seems to be way better then normal spot forex. Any advice that anyone has on either the situation or the broker please feel free to share.

Re: Need some advice. Was offered an account to trade

Posted: Mon Feb 09, 2015 12:22 pm
by v8power
Yea I clearly wasn't thinking when I went to their website. The risk to reward sucks. Im getting his money out of there asap.

Re: Need some advice. Was offered an account to trade

Posted: Mon Feb 09, 2015 3:52 pm
by aliassmith
v8power wrote:Yea I clearly wasn't thinking when I went to their website. The risk to reward sucks. Im getting his money out of there asap.


I wasn't a fan of the binary options, or trading for
other people. Trading for other sucks when the
client is annoying and always in your ear. To
much hassle.

Re: Need some advice. Was offered an account to trade

Posted: Mon Feb 09, 2015 3:52 pm
by aliassmith
double

Re: Need some advice. Was offered an account to trade

Posted: Mon Feb 09, 2015 5:52 pm
by TheRumpledOne
If you want to trade for others, first you must set up YOUR RULES.

If they refuse to agree to YOUR RULES AS IS, then do NOT trade for them.

This saves you a lot a grief.

Re: Need some advice. Was offered an account to trade

Posted: Tue Feb 10, 2015 12:15 am
by v8power
I appreciate the feedback from both of you. Yea aliassmith ur right binary does suck. His broker is actually different then from the one I said and it is a complete and utter joke. He made the mistake of getting suckered in with a 100% matching deposit deal. The only bad thing is u cant get your money out until their has been enough turnover in the account. He has already told me that he considers the money already lost and is just gonna let me trade it to see if I can get his money back for him and split it 50/50. So I figured after I have done my market analysis for myself whats the harm in trying to use that info to help someone out. I look at it this way. So many great traders have given their time on this website to help other traders out, Im now just using that info to pay it forward.

Re: Need some advice. Was offered an account to trade

Posted: Tue Feb 10, 2015 2:19 pm
by aliassmith
v8power wrote:I appreciate the feedback from both of you. Yea aliassmith ur right binary does suck. His broker is actually different then from the one I said and it is a complete and utter joke. He made the mistake of getting suckered in with a 100% matching deposit deal. The only bad thing is u cant get your money out until their has been enough turnover in the account. He has already told me that he considers the money already lost and is just gonna let me trade it to see if I can get his money back for him and split it 50/50. So I figured after I have done my market analysis for myself whats the harm in trying to use that info to help someone out. I look at it this way. So many great traders have given their time on this website to help other traders out, Im now just using that info to pay it forward.


If that is the case then I'd say there is nothing to lose