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Thread: Improvidence and carelessness

  1. #1
    Super Moderator Gulfstream's Avatar
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    Improvidence and carelessness

    Improvidence and carelessness


    Now I would like to talk about another moment by which our reviewed concepts are not always identified with each other.

    So, If person signs documents in hindsight and inattentive ( or accepting agreement) it will not mean the accomplishment of fraudulent activity.

    And if we are talking about documents, as an example, lets consider on the Client Agreement which concluded between trader and broker(dealing center). Namely, let's take the most common situation which is caused as a result of inattentive learning of document by the one side.


    First of all, I would like to admit that the Client Agreement is often served as a public offer. It means the contract (agreement) to be signed on appointed terms.
    In this case, with opening trading account you tacitly agree with admitted terms of Client Agreement (All Broker company’s / Dealing centers usually have such note).


    As opening account goes through electronic connection (internet) mostly, trader just need to press button “I agree” for accepting agreement. This button can have different names and usually is based at the end of the registration page. Thus, the scheme of the agreement will be looked like : press the button - expressed acceptance (consent to the conclusion of the agreement). Given this you don’t need to sign any documents.

    The main feature, which distinguish the offer from other civil-legal agreements, is that the consent of the second part is enough for its conclusion. If juridical action of usual agreements is arisen from the moment of its signing or from the moment of other specified terms attachment, in some cases, - from the moment of notarization and/or its civil registration, so the offer, in our situation public offer, is considered to be concluded from the moment of getting its accept.
    That is why hereinafter, when both sides occur disputes, solving which Broker company/ Dealing center refers to one or the other item of client agreement, trader cant appeal with that he did not sign any documents and, therefore, these terms of client agreement are not expand on him. As I have already said, pressed the button – showed the acceptation. And if agreed, it means accepted all terms specified at these agreement, and if terms are accepted, it means Broker company/ Dealing center has full authority on quite lawful bases be guided by own client agreement with trader relationships, who opened the account.

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  2. #11
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    Quote Originally Posted by forexlearner View Post
    lol that's strange friend but yeah most of us follow the same, we don't read the terms and conditions properly but we realize about it later when a broker create regular problems for us in real trading account. Its common in many broker's that they can create problem for you and can make your withdrawals very tough for you to get from them. But I have a good experience with robo forex broke and you can keep faith on them.
    Well, it is always unwise for traders to sign agreement with a company without reading its terms and conditions, that would surely affect the trader with time. There are lots of legal backings that the broker would have; which you would not understand, and you had already been bound by it through law. it would be irrevocable by that time of the trader's claim.

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  3. #12
    Trader lawners1791's Avatar
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    the different notice on message as transmitted with the records of agreement as trader might finds of the details on arrange to work of the further as running with the choice of selection with the personal trading strategy to succeed on achieving of the good goals on exchange with the commitments as managing series of customs with the work of the trading.

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  4. #13
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    Well carelessness destroys account in the forex world. Without carefulness you wont be able to make money in the forex or even in the stock market. To make money you must be very careful and you must very proper ways to make money. Maintain a good way.

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  5. #14
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    Quote Originally Posted by impexo27 View Post
    Well carelessness destroys account in the forex world. Without carefulness you wont be able to make money in the forex or even in the stock market. To make money you must be very careful and you must very proper ways to make money. Maintain a good way.
    Carelessness is a bad thing with traders, when traders are working with the good strategy on their broker platform, they should also be aware that they read term and condition for the credibility of the relationship with them and with the trader's work. All these are important to make sure the trading of the trader is more of the real business.

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  6. #15
    Trader layigold's Avatar
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    Most of us - retail traders hardly read through the terms and conditions spelt out by a broker, all we know to do is to click on the acceptance of the agreement without being bothered of the possible outcomes of our action. I think that it will be very wise of us to read the terms and conditions of services and if possible ask questions to clear our doubt if any

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  7. #16
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    Definitely, this is what that is commonly found around every traders, almost 99.9% of all the traders in Forex trade did the same mistake by carelessly and improvidently signing the agreement latter give to you by most brokers without first reading the content of the trade. Then, all we have in mind at that moment is "please let me by pass this process and start the trade immediately", which is not good, try to know what a letter is saying before sign the clicking the agreement button.

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  8. #17
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    Agreement is something I see as a normal something, since the forex market is an online business, instead of signing a paper we only have to accept the agreement as a sign of contract, we must agree to the terms and conditions of the broker before we can create account to start trading, the forex is a risky business, so therefore one have to accept every condition before he/she start to trade forex with a reliable forex broker.

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  9. #18
    Trader Sixteen's Avatar
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    I agree with the fact that its carelessness when we don't get to read the terms of any broker we are investing our money with but go ahead and agree with the terms and condition its providing. This is very important so we don't make mistakes that we will later on regret in our life. As long as we have agreed to the terms and condition, we are liable on the contract terms.

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  10. #19
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    In any appointed form or applicant trying to get work or an applicant trying to register in any broker account there is terms and conditions before you start registration you have to go through the terms and condition and make sure you agree to the terms and condition before you can process further......

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    In any thing to we do we have to be sincere to ourselves, I totally agree with you is really careless for we not to go through the terms and conditions of any broker account before investing our money in it, we have to be conscious of ourselves and be sincerity to ourselves not to fall victim of getting into the hands of fraudsters....

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  11. #20
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    Carelessness is one thing that you have to make sure that you don't ever repeat 🔂 again and again because this is one thing that you have to make sure that are very carefully trading is something that always exposes the your investment to so many of the bad reasoning of the trader cutting carelessness is one thing that can easily

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