This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

FXCM Sponsored Its First University Currency Trading Contest This Semester

FXCM Inc. (NYSE:FXCM) and Texas A&M University partnered to bring the 1 st Annual University Currency Trading Contest. Joining Texas A&M University were West Texas A&M University and Baruch College. The grand prize awarded by FXCM to the winning college student Bryce Moody of Texas A&M was a $10,000 tuition scholarship.

Students studying macroeconomics, international business, or who just have an interest and opinion on the US dollar applied their knowledge and skills during a four week period in an educational and fun environment. Participating students had the chance to learn more about the global forex trading market by trading with a practice FXCM forex trading account.

“FXCM hopes all students had fun and learned a lot about the currency markets during the contest. We hope students had the chance to enhance their trading skills, learn fundamentals and technical analysis and apply what they have learned in class. Our ultimate pleasure is seeing a student walk away with a scholarship towards their education,” said Sameer Bhopale, Chief Marketing Officer at FXCM.

Bryce recently sat down with FXCM to tell us more about his trading strategy, “My best currency trade was the AUD/USD. DailyFX wrote about the pair being a short opportunity and said it had the chance of breaking out and the more I studied the technicals the more I believed in the trade. I would place my trades at night, wake up around 2am to check on the trade and usually closed out my trades in the morning. I felt this was the best way to stick to my trading strategy which I would say was the hardest part about trading. I learned that it is ok to factor in other opinions when making trading decisions and I read a lot of the articles from DailyFX.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs