Thanks to Samuel Araki, Co-founder of Trading Post Financial Services, for his insightful post last night on the complexities of fostering collaboration between Forex traders. I’d like to add a bit of insight to his analysis of the Currensee community. At Currensee we are all about connecting traders to traders they trust; novice, intermediate, and expert level traders based upon their view of their experience and real time connectivity to major brokers. When you join the Currensee community (closed-beta signups are open now!) you can complete your profile based upon your own trading experience, habits and style. Traders can chose to collaborate together to enhance their trading experience and leverage the wisdom of the trading community. We are broker agnostic and don’t offer trading advise, and of course we’re compliant with all NFA guidelines.
We consider ourselves unique in the marketplace as the only social networking site for FX traders based upon real-time actual positions. Here is a snapshot of what we will offer when we launch in 2009:
- Join or form virtual trading teams – trade and strategize with peers, share price charts, participate in posts & polls, and gain recognition within trading teams and the community
- Gain powerful market insights – through a new set of social indicators that measure market sentiment, volume, and depth of currency pairs
- Gain recognition within the community based upon actual trading performance
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.