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How my successful trader friend lost $2 million cash thanks to his forex broker Refco bankruptcy

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(Last Updated On: December 29, 2014)

How my successful trader friend lost $2 million cash thanks to his forex broker Refco bankruptcy

Yes he is depressed but was successful. Let this be a lesson in never using your indie trading brokers as a parking lot for you money. Never leave huge amounts parked in your trading account as it can vanish instantly. Think Bernie Madoff or MF Global for recent examples. Just food for thought.

 

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