Can I just ask how long ago the above two posters lodged their refund request with Paypal?
Mine was initially lodged 0n 12/01/11 and they are currently saying that my case is being investigated by one of their 'claims specialists', and that I should hear something by 18/02/11, I will be REALLY pi$$ed off with PP if my refund is refused when others appear to be coming through at a fairly rapid rate.
Just another reason to despise the wannabe trader/fraud that is Paul Chalmers!
Can I just ask how long ago the above two posters lodged their refund request with Paypal?
Mine was initially lodged 0n 12/01/11 and they are currently saying that my case is being investigated by one of their 'claims specialists', and that I should hear something by 18/02/11, I will be REALLY pi$$ed off with PP if my refund is refused when others appear to be coming through at a fairly rapid rate.
Just another reason to despise the wannabe trader/fraud that is Paul Chalmers!
Cheers Cuba, so basically it looks like he never responded to PP with regard to your request so you got an automatic refund, unfortunately it looks as if he did respond to mine, if that IS the case and PP decline my refund due to that I seriously CANNOT understand why it takes them OVER TWO WEEKS to do so!
If I get declined I WILL be addressing a County Court Summons to Paul & Andrew Chalmers, for me this is about BOTH the money and the principal, they WILL NOT get off lightly!
Maybe its cos your a hull city fan! Seriously, good luck getting your refund, I hope it works out.
Lol, yeah, cracking result today, we're on our way, look out the play off pack :cheesy::clap:
Don't tell me, you're a Scunthorpe fan :whistling
Maybe its cos your a hull city fan! Seriously, good luck getting your refund, I hope it works out.
How dare you. We are leeds. (no swearing now!)
On average, how much have you guys lost...a hundred quid each?
"Just looking at his results, which he publishes quite freely, it appears to me he was attempting to scalp trade when the markets were mainly trending"
Quite strange how different people have different perceptions. He most certainly WAS NOT doing what you suggest above, in fact the complete opposite, he was attempting to swing trade in a range bound market, and clearly didn't recognise what the problem was, instead preferring to blame the 'crazy markets'.
There is absolutely no defence for what this idiot has done, and continues to do!
Real scalp trading can't be done by retail players at your level anyhow.
Just looking at his results, which he publishes quite freely, it appears to me he was attempting to scalp trade (in a range) against the trend when the markets were mainly trending. Real scalp trading can't be done by retail players at your level anyhow. But the pip loss was hardly catastrophic..puzzled as to what this 38 page thread is complaining about? Those results are not atypcial, they can happen to the best of us...
Anyone who signs up for this kind of thing is a prize tw@t anyhow, the bloke calls himself "Papa C" ffs, he came onto the main forums for a while pathetically pimping for business and was found our after a few posts, but I can't see the *crime* other than the fact that his recent results aren't good..fwiw as a swing trader I've recently been down 380 pips in a week to end up 1000+ (over a spread of 9 currency pairs)..
http://www.tradingeliteclub.co.uk/performance.php
Did any of you read this bit on their website before stumping up your kids 'piggy bank' money?
Trading Elite Club is not regulated by the Financial Services Authority and is intended for general and educational information only. Trading Elite Club does not give financial advice or trading advice and any actions club members take are their own decision. If you need specific advice, please consult a professional financial advisor
All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. You can lose more than your initial deposit and stake. Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved and if necessary seek independent advice.
Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.
Where hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
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Black Swan,
Can you explain why retail players can't scalp?
Ron
The rage and anger expressed in this thread is hysterical. I think most of us were prepared to take a £100 punt.