Akil_Stokes
Long

FXCM: Phenomenal Risk/Reward

NYSE:FXCM   FXCM INC
1701 17 9
The Risk to Reward ratio is tremendous here. I don't think much more needs to be said. Many will be scared to make this move, but the best opportunities occur before everyone else is involved.
Akil Stokes -Head FOREX Trading Coach at Trade Empowered
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jinx
2 years ago
This is a $3 Stock
+3 Reply
Akil_Stokes TOP jinx
2 years ago
If that much
Reply
Rashad Akil_Stokes
2 years ago
1.59 apparently
+1 Reply
Well considering it was trading at $1 and then was halted, this chart does not mean much till we will not see at which price it will open tomorrow
+2 Reply
Akil_Stokes TOP massimo.marchi.56
2 years ago
Exactly
Reply
traderdose
2 years ago
At least they secured $300 mil in capital from Leucadia National Corporation to meet minimums.
Reply
Akil_Stokes TOP traderdose
2 years ago
(Article) "FXCM, Brokerage Hit by Swiss Shock, Gets $300 Million From Jefferies Owner Leucadia " http://www.bloomberg.com/news/2015-01-16/fxcm-gets-300-million-bailout-from-leucadia-after-swiss-shock.html
Reply
Lanmar PRO
2 years ago
I'm confused Akil... Stock is down 65% from $12.63 after hours.
+1 Reply
Akil_Stokes TOP Lanmar
2 years ago
At last I heard it was at very close to the dollar mark, just no chart out to tell yet.
Reply
zwischler Akil_Stokes
2 years ago
look to be at 4.63
+3 Reply
Rashad
2 years ago
Um... You did read the news on FXCM right? I sincerely hope your not long...
+1 Reply
Akil_Stokes TOP Rashad
2 years ago
Yes, price had dropped near a dollar. What better opportunity to buy then that? I posted this over the weekend and because to move came in the after hours there was no chart to reflect the pricing. This company's already had money shot to it so they're not going to go bankrupt or anything like that in my opinion. It'll be a long hard grind but they'll be back
Reply
HamedAghajani PRO Akil_Stokes
2 years ago
Akil, I always traded foreign exchanges. None of my brokers offer trading FXCM. Which broker do you trade stocks and shares, in particular this one. Thanks, Hamed
+1 Reply
TheBlanco951 HamedAghajani
2 years ago
try TD Ameritrade. thru td you can trade stocks, futures, options, and FOREX. the only thing that sucks about them is that their commissions are pretty high. if you want cheap commissions and want to trade stocks then give optionshouse a try, or optionsxpress to.
Reply
julia17
2 years ago
Is FXCM working now or blocked all operations before agreement with Leucadia?
Reply
reckon777 PRO
2 years ago
risk to reward WAS tremendous. risk $100 to make $1
Reply
Rashad reckon777
2 years ago
lol
Reply
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