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2009-07-29: Forex Magnates Daily Updates

by Michael Greenberg
    2009-07-29: Forex Magnates Daily Updates
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    • NFA's Investor Webcast: Don't Become a Victim of Investment Fraud. With the number of various types of Forex frauds recently unveiled by the NFA, CFTC and SEC it's about time the regulator issued a decent warning to the public.
    • Free Forex trading template for Forex software developers with Supertrend indicator
    • Another Forex scambot released - this time it's called the IvyBot
    • After the success of the last FX Trading Challenge, Varengold Bank has given traders a second chance to put their FX trading skills to use by virtual trading to win US$250,000 Aum.
    • Andrew Abraham from Daily Markets claims that "there are many that do not understand that commodity trading and forex trading are a zero sum game. In other words in order for one forex or commodity trader to benefit ( make money) another trader loses money." This is simply not true, even if he speaks only of ECN trading this still doesn't mean that when you gain someone else loses.
    • NFA's Investor Webcast: Don't Become a Victim of Investment Fraud. With the number of various types of Forex frauds recently unveiled by the NFA, CFTC and SEC it's about time the regulator issued a decent warning to the public.
    • Free Forex trading template for Forex software developers with Supertrend indicator
    • Another Forex scambot released - this time it's called the IvyBot
    • After the success of the last FX Trading Challenge, Varengold Bank has given traders a second chance to put their FX trading skills to use by virtual trading to win US$250,000 Aum.
    • Andrew Abraham from Daily Markets claims that "there are many that do not understand that commodity trading and forex trading are a zero sum game. In other words in order for one forex or commodity trader to benefit ( make money) another trader loses money." This is simply not true, even if he speaks only of ECN trading this still doesn't mean that when you gain someone else loses.
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