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cazual

02/02/15 8:05 PM

#8634 RE: Sagacious #8632

FXCM $$$$ The article is saying that the foreign markets are less regulated than the US markets and due to this and the swiss franc soaring, the european market took a worse hit than the US.

LexTrader

02/02/15 8:14 PM

#8636 RE: Sagacious #8632

What part of the PR stating that 90% of clients were forgiven, but the 10% of clients, that compose 60% of losses, who have the $$, they would collect from, don't you understand?

Drugdoctor

02/02/15 8:22 PM

#8638 RE: Sagacious #8632

That article didn't say FXCM was dead at all... It just rehashed all the problems that led to the debacle... We know they took a hit... That's why the stock is down from $17 to 2.10... But the fat lady is NOT SINGING, in fact, she never made it to this party...

teifhals

02/02/15 8:41 PM

#8643 RE: Sagacious #8632

The authors background via that site..."Troy Kuhn is a former equity trader and basketball player with a keen eye for exciting investment opportunities. He loves volatile stocks, history, classical music, trekking and adventure sports, and likes to tell everyone that he has been trading stocks since he was 15."
....just oozes confidence. These days everyone has a blog. This is like getting the weather from your neighbor, instead of the facts from NWS.