GeniusFX's Blog (2)

The mentally handicapped have started trading and marketing forex courses!!!

I have become alarmed at the high number of retarded individuals selling/marketing forex courses. If the mentally handicapped are finding great success in forex how does that make the average noob feel? I am concerned as I do not want the highly intelligent noob to feel insecure about these current developments. We are looking into this at the moment on this fast developing situation. Here are some examples of what has been turning up as of late of the body of evidence of this…

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Added by GeniusFX on July 20, 2011 at 12:21am — 1 Comment

20-25% of FX volume is from high frequency high speed traders

--High-frequency funds now produce 20% to 25% of currencies turnover, BOE study finds 

  --Some fear these accounts may heighten volatility, or flee during tough times 

  --But they have helped cut trading costs, and may help keep conditions stable 

  LONDON (Dow Jones)--Love them or hate them, high-speed traders now generate up to one-quarter of the foreign-exchange turnover in London--the world's biggest currency-trading hub--the Bank of England reported in its quarterly…

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Added by GeniusFX on June 12, 2011 at 11:15pm — 1 Comment

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