Author Bio

It’s not often you get the unique opportunity to build a product from scratch. Work with smart people, push the limits of technology and build a truly innovative product that creates excitement in the marketplace. Our private beta continues to be an amazing journey and we are now really starting to see what happens when we connect our vision with the reality of real users. Doesn’t get much better than that.

I want to share with you the memo I sent to all Currensee traders yesterday in conjunction with our latest release. Why? At Currensee, it’s important to us that we’re open and transparent – the same way we want our traders to be open and transparent about their trades and their performance. We know the Forex industry can often have a bad rap, sometimes for good reason. We know you’ve heard them. Get rich quick promises, behind the scenes schemes, even the old bait and switch. We think this really stinks and that’s why we’re changing the game. If you’re tired of the same old Forex same old and ready to experience the Forex trader network that will change the way you trade, go ahead and request your invitation to our private beta. And now for a word from, well, me.

Memo to all Currensee members, May 27, 2009:

First off, let me start by saying thank you. Your participation in the Currensee private beta has been amazing and your continued feedback and dedicated usage of the site brings new insights and ideas to help us grow the platform. Our ability to move quickly and make considerable progress with the product is largely due to your ongoing suggestions and willingness to partner with us along the way. Our vision of providing a trader network where active traders like you can share real trades, strategies, celebrate their successes and gain new insights into the market is truly coming alive before our eyes.

As I’m writing this note, I am humbled by the overwhelming response to our private beta. We have thousands of traders who are eager to join Currensee and it is an exciting challenge to build an exclusive Forex trader network. We continue to invite new traders join our network everyday – that means new traders for you to connect with, learn from and share ideas with. We’ve found that members who have 5-7 traders on their virtual trading team tend to have the best experience on the platform. So, we encourage you to reach out and invite the new traders that join our community and look at the market the way you do.

Now, let me tell you a bit about a release that’s going in tonight (live as of May 28th) and some of the new features and improvements you’ll notice when you log in later today. First off, we made a series of performance improvements to the positions table and to the dashboard page. We know how important the positions table is to your Currensee experience and we strive to ensure it loads quickly and accurately each time you view the site. Our work here is never done and the positions table is something we continually monitor and make enhancements to on a go-forward basis. We also improved the sorting of your Virtual Trading Team in the top left of the dashboard and you’ll now see anyone who’s currently logged in at the top of the list. For those of you using Internet Explorer, we’re working on improving the IE7 experience and are addressing several IE8 issues. These will continue to improve in the coming weeks.

We also heard from you that you’d like to see more dynamic content on the platform. Well, we’re happy to announce the roll-out of exclusive new content from Thomson Reuters. As a member of the Currensee community, you’ll have access to news feeds that are updated three times daily. They include: Market Opens providing general news, Economic Events and a commentary on the major currency pairs. You will be able to create discussions on this commentary to get the community’s take on these new market analysis tools. In addition to the Thomson Reuters content, you will also begin to see the long-overdue Help feature, giving you access to more information about the features of the platform. We are conducting a special webinar with our Co-Founder and VP, Product Development, Asaf Yigal on Monday, June 1, 2009 at 4pmEST. Asaf will walk through the new Thomson Reuters features and discuss the enhancements that were included in the latest release. Space is limited, so be sure to save your seat today:

Monday, June 1st at 4pm EST
https://www2.gotomeeting.com/register/293373202

Let me close by thanking you once again. We believe that we are creating a trader network that will change the world of retail Forex trading by creating a rich experience for traders to share and collaborate while making trading more fun and exciting. We know that you have endured some bumps and frustrations along the way and we appreciate you hanging in there with us. I also wanted to send out a special apology for anyone on my virtual trading team that that made the mistake of following my numerous losing trades last week. It was a brutal week for most of our traders but at least we have each other, right?

Please do not hesitate to reach out to me at dave@currensee.com with your comments, questions or suggestions – whatever they may be. We may not be able to make every improvement immediately but I assure you, we will be listening!

Happy trading!

Dave Lemont
CEO Currensee

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Be sure to read the full risk disclosure before trading Forex.  Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.