On 09-01-08 I entrusted Trade Direct with my portfolio of stocks, worth $153,0921 with assurance that all trades would be entered with 'stop loss' provisions of 5%. Today, less than two months later, this same portfolio is worth less than $15,000; they failed to use the 'stop loss' provision and wiped out my entire portfolio of stocks.
This performance represents reckless handling of a stock portfolio, and although the portfolio was driven into the ground by Trade Direct, they took out their usual fees along the way.
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