950USD
#1
Hi All,

I lost 950USD in XForex buying USD/CHF last Wed. Any idea how to get this back? I'm still newbie in stocks. My broker has kept asking me to deposit so I could re-gain what I've lost or earn more. But, I don't really trust her. Since in the first place, she could have informed right away that I'm loosing, instead she did nothing.

That lost came from my savings. So please help what advice you can give me. Thanks.

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#2
(03-02-2014, 04:54 PM)maikudes Wrote: Hi All,

I lost 950USD in XForex buying USD/CHF last Wed. Any idea how to get this back? I'm still newbie in stocks. My broker has kept asking me to deposit so I could re-gain what I've lost or earn more. But, I don't really trust her. Since in the first place, she could have informed right away that I'm loosing, instead she did nothing.

That lost came from my savings. So please help what advice you can give me. Thanks.

Sorry to say, magkaiba po ang stocks at ang forex. Mas malaki ang risk ng forex kaysa sa stock, (lalo na kung highly leveraged). Siguro naman eh bago ka pa sumabak dyan eh aware ka na na pwedeng mawala ang iyong capital kapag magtrade ka ng forex. Kung ikaw ang nag-execute ng buy order, then I think wala na tayong magagawa dyan.
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#3
Honestly it's your job to watch your own finances here anyway. But you can still do something in advance like ask your broker regulator to keep watching on you, but you also assume that forex is risky business and ther are losses, correct ?
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#4
The only advice if your broker is really at fault here and not a market of Forex itself is probably something like for example then is to be carefull really next time and do not go that much in red while you assume you can not recover for that strategy or so.
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#5
Honestly she is just assistant manager and if she really could trade stocks with so much professional and consistent way of doing things you really should be going in very very correct terms for basically anything, I do not want to get it really going with that. You are trading stocks and playing forex and you can really loose, lot of people are loosing and ***** happens, don't blame anyone but yourself and do not listen sales people next time, it's their job to make you deposit for sure, they get some commissions from that matter anyway. And most important do not play with money you can't allow yourself to loose anyway, especially if that comes from your savings anyway. Are you with me here or not ? I do hope it will really make the difference next time. Good luck!
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