Author Bio

Some weeks everything seems to go your way.  It’s true in Forex trading, and it’s true in building the first Forex trading social network.  This week at Currensee towers, we’ve been ringing the bell big-time.  On Tuesday, we announced our $8M B round of venture financing and the news got picked up all over the media, on Wednesday, our CEO Dave Lemont was on Bloomberg TV, on Thursday we had the biggest daily influx of members in our history, and today we held a webinar with Fox and CNBC guest analyst Bob Iaccino.

Check out our clip from Bloomberg TV’s InsideTrack show with Sara Eisen.

=====

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.

Author Bio

Our sunny CEO Dave Lemont sat down with the smart peeps over at StartUp Beat for a lightning round of early-stage Q&A about Currensee, our business model, our markets and our trader members, which was published today on their site.  They didn’t let him go over easy, and asked some hard-boiled questions.  We’ve poached a couple for you here:

SUB: Sharing trading tips and strategies on a social networking platform seems somewhat counterintuitive, on the surface.  What is it about your site that encourages people to collaborate?

Lemont: Something we continue to hear from traders is how lonely Forex trading can be.  We have a video series that profiles “Life in the Basement” and how Currensee changes that world for Forex traders.  Traders are looking for ways to connect with other traders in a trusted way.  The forums and discussion boards are often plagued with traders talking a big game but it can be tough to know who to trust.  Currensee is all about real traders and real trades in real time, so you have a clear picture of the other traders in the network.  We also hear frequently that Forex traders have a hard time knowing how well they are doing.  It’s easy to burn out when you don’t have a strategy that you can measure over time.  We give traders the ability to set their strategy—actually as many as they’d like—and measure themselves over time.  It’s the best way to see what’s working and what’s not and it’s an excellent way to connect with other like-minded traders.  We are excited to be the place where Forex traders can meet, collaborate and make decisions in real-time.  It’s all about making more informed trading decisions and we are happy to be at the forefront of this new, transparent world.

SUB: What are some of the challenges you’ve found in running a social networking site that brings together people from 64 different countries?

Lemont: By its very nature, Forex trading is an international business, and since the Forex market never closes, it is very exciting to maintain a global community that is active 24/5.  We are really facilitating communication and transparency between traders from all corners of the world, and I think it’s interesting that a trader in Michigan might find that they share the same trading style as a trader in Okinawa, Japan.  Currensee’s model makes it easy for like-minded traders to connect, regardless of geography, by providing a network where they can chat about their trades in real-time.

Be sure to check out the full Currensee CEO interview and Currensee company pitch at StartUp Beat.

=====

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.