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A letter of apology to HSX community:

Posted by: Oleg Max (a.k.a Oleg_Max) on Feb 09, 16:56

I would like to apologize to each and every member of HSX as well as those running the game behind the scenes.

My main account Oleg Max was fined yesterday 25% for coordinated trading in multiple HSX accounts.

Rightfully so.

I did in fact had opened multiple accounts and although my goal was not move prices of random stocks to gain pennies on them or to benefit any particular portfolio, overlap in trading did happen.

My goal was to run different strategies in each port, which I for the most part did, but sometimes I could not resist the temptation to trade same stocks based on breaking news in different portfolios, thus affecting the price more than one player should.

Believe me if I'll tell you that I did not make more than $1.7 billion fine that was imposed on my main port.

Once again I am deeply regretfull for having maintained multiple accounts and am asking everyone's forgiveness.  I love this game and hope to be a part of it for time to come.

I hope with time everyone will see that gains in my account would be roughly about the same as they were prior to this incident, which should validate my claim that neither account benefited or earned more than it would have otherwise...

Sincerely,

Vlad a.ka. Oleg Max

A letter of apology to HSX community: Oleg Max Feb 09, 16:56

I, for one, appreciate the apology. PRodQuanta Feb 09, 17:03

+1! {nm} slappydavid Feb 09, 17:47

this. {nm} Anniebecca Feb 09, 18:03

+3 {nm} thatpj Feb 09, 19:25

No issues .. We are a forgiving community ;) {nm} karspov Feb 09, 17:07

for me, you're one of the "veterans" so I give you a little leeway...a little...lol {nm} tealfan Feb 09, 17:07

For everyone playing YTD, please reset annually and resist the temptation to keep trading old ports. Trading overlap is inevitable. {nm} Antibody Feb 09, 17:09

I should rephrase: Trading overlap becomes inevitable when you have to maintain multiple large ports. {nm} Antibody Feb 09, 17:12

Once a man has admitted wrong doing he is immediatly absolved of his indescretion; you have my respect you will make it back fast! {nm} damenchipguy Feb 09, 17:22

A question: Did HSX shut down your Multi-Billion Legaue as part of the penalty or did you choose to shut it down yourself? {nm} Andre C Feb 09, 17:33

I chose to do it myself for 2 reasons: Oleg Max Feb 09, 17:44

i enjoyed the league and appreciate the work you put into corralling the stats. i'm sorry that things got out of hand with your Paul2k Feb 09, 18:10

Thanks for clarifying Andre C Feb 09, 18:36

I did regularly check the data you posr in the league. it was so interesting to read. thank you for your effort. I will miss the league. {nm} extepan Feb 10, 09:15

I agree with damenchipguy. accountant_4_Jesus Feb 09, 17:46

Fair enough. If what you're saying is the case, and I believe you, I'm glad it wasn't as overt or malicious as I figured. Glad to still have Ruthian23 Feb 09, 17:48

Thanks for being a stand up guy. It is now as the east is to the west. forlorne Feb 09, 19:25

Thanks! Now I'm that much more closer to passing you in the rankings! {nm} Broiler Feb 09, 19:30

Thank you, Oleg. It takes a lot to step up publicly. I look forward to competing with you in the future. {nm} sallust Feb 09, 20:20

You have always had my respect in the game for your trading skills. Your post here took guts. With that you have earned my personal respect. {nm} mrbeankc Feb 09, 23:27

Im sure we will forgive you, takes a real man to admit when he's wrong! {nm} TheMackenzie Feb 10, 01:17

this community would be lost without toy Max. sorry to hear about the fine, but you're aces in my book! {nm} lobogotti Feb 10, 06:27





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