This infographic was prepared by Oanda. I thought it is very clear and easy to understand. Created by OANDA The Greek Tragedy: Greece’s Economic Crisis, used with permission of OANDA
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Video: World Economy Collapse explained in 3 minutes
Some of you might have already watched this. But this is so funny. I thought it is worth sharing here ahead of weekend. Enjoy!
Brokers’ response to CFTC’s leverage reduction proposal
I tweeted the news about CFTC is seeking public comment on proposed reduction of leverage to 10-to-1. In other words, 10:1 leverage would be the maximum amount allowed for all Forex traders in the U.S. Since then, I have received few emails from retail brokers about their comments to this proposal. So far, Oanda, MB […]
NFA new margin requirements
This is not a breaking news, just a reminder to my readers since THE change is coming in around a month time. Official date given by NFA is 30th November 2009. CFTC approved NFA amendments to Section 12 of NFA rule book, which requires FDMs to collect a margin deposit of 1% of the notional […]
Low Class Con Artist on Twitter
One of my trading buddy on Twitter dropped me an DM yesterday, asking me if I am following a guy, let’s call it Moh (I do not want to mention his name here). The reason of asking this was because, unfortunately, my buddy followed him on twitter recently, and in return, Moh sent him a […]
