Chasing Returns, a Dublin-based provider of behavioral finance solutions, announced today that it has struck a deal with FX Large. The deal will see FX Large providing educational content to support Chasing Returns’ PlayMaker product.
Commenting on the decision to work with FX Large, Ann Hunt, CEO of Chasing Returns, said: “We chose FX Large as they understand our vision, and Brad Alexander (FX Large CEO) has extensive experience as a veteran in the industry, making him an ideal partner.“
PlayMaker, which was launched by Chasing Returns in November 2017, acts as a risk management tool for retail traders. It forces traders to set themselves five rules that will govern their trading activity.
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When they have reached the limits set out by those rules, PlayMaker will send them notifications, warning them that they are about to breach the rules they have set themselves. Chasing Returns claims the product increases traders’ discipline and helps improve their trading strategy.
An educational partnership
FX Large will work alongside Chasing Returns, providing educational material that compliments the PlayMaker service. In today’s statement, the company said that this would include videos, quizzes, blogs, and webinars.
The educational content will aim to instruct traders on the necessity of trading discipline and its practical uses when trading. This would suggest the content will fit not just with PlayMaker but also with Chasing Returns’ overall service offering. The company aims to provide retail traders with behavioral insights to improve their trading strategy.
Brad Alexander, CEO of FX large, discussed the deal, stating: “I know how important trading psychology is, from my experience as a long time trader and educator. To be able to provide educational content on this critical topic is a challenge which we embrace wholeheartedly.”