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Today's guest on Tradestreaming Radio is Dave Lemont, CEO of social network forex trading platform, Currensee.com
Currensee was founded on the assumption that the traditional way forex traders shared and learned from one another -- the message boards -- was broken.
Enter the social network for currency traders. First, Currensee required that all members open an active trading account, allowing the company to audit results.From there, the company introduced auto-trading, the ability to link a user's account to another's and have all trading replicated. Experts -- trade leaders -- bubble up and make money by helping others make money.
We'll see how the company evolved and how forex traders are using new media to book profits for their own accounts and enable others to do the same.
Timing is good -- Currensee announced the unveiling of its Currensee Portfolio Builder™ at finance-tech conference, FinovateSpring2011. The company announced today:
Portfolio Builder will give investors the ability to assess and manage potential performance and risk before investing. The Currensee Portfolio Builder gives investors access to an innovative, real-time graphical display that helps them build, preview and test different investment scenarios so they can create balanced and diversified portfolios.