FXCM Is Banned In The U.S.! What Should Traders Do Next?

On Monday, February 8th, 2017 the CFTC’s National Futures Association charged Forex Capital Markets LLC, Chief Executive Officer Dror Niv and Director William Adhout with “engaging in fraudulent activities with respect to its FXCM’s retail customers,” by telling them they used a “No Dealing Desk” order execution model, meaning orders would be executed directly in…

automated trading

What do Institutional traders know that you dont?

It’s no secret that the vast majority of amateur traders consistently lose money, while the professionals are raking in millions. Why? Some say it’s about finding the right combination of trading rules and having the ability to follow them perfectly. However, that’s easier said than done, right? After all, most professional traders have access to state-of-the-art automated trading software…