Friday, January 30, 2015

Fwd: [BLOG POST] The Aftermath – What Happened With The HUGE Trading Losses (and what you should do now)

Some of the numbers .. Just quick FYI ... ;)


Begin forwarded message:

Subject: [BLOG POST] The Aftermath – What Happened With The HUGE Trading Losses (and what you should do now)
Date: January 30, 2015 1:36:49 AM PST


Hi ron,

About two weeks ago, Switzerland surprised the markets by   
removing its exchange rate floor of 1.20 on the EURCHF.

As a result, the Swiss Franc's (CHF) value instantly shot up by   
as much as 39%, sending the EURCHF pair over a 1000 pips straight
down.

As a result, FXCM, the largest U.S. retail foreign-exchange   
broker, lost more than $200 million.

A few days later, a $300 million bailout from Leucadia National   
Corp., the owner of investment bank Jefferies Group LLC, saved
FXCM from violating capital requirements.

But what happened with all the $200 million in losses?

How will FXCM recover that money?

And how does this affect traders like you and me?

I've just posted a new article to my blog that explains the whole
situation and what your next step should be.

Click Here To Read The Article

To your trading success,

-Dustin Pass

 

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