We’re pleased to announce the beta-release of Trades, a new product that tells you who’s buying, who’s selling, and who’s winning!
The data for Trades is aggregated from members sharing their Trade Explorer information (i.e., permissions set to ‘Public’), and the default settings only show activity from live brokerage accounts (i.e., no demos). Best of all, you can trust that the performance metrics are legitimate! The live/demo distinction cannot be faked on the Trade Explorer, and as we confirmed last month, all trade statistics are based on equity, so open positions are included in the metrics.
While the default settings only show live accounts, Trades is based on our Flex Box technology, so you can customize the content of the Trade Feed and Leaderboard applications.
There’s also a very useful filter on the Trade Feed. You can adjust the setting to show only your buddies’ trades, or only EUR/USD trades, for instance.
The default Leaderboard shows which traders are having the best month, and it can also be configured to display annual or weekly periods. To help keep the rankings pure, only Trade Explorers with equity greater than 100 currency units (dollars/euros/pounds/etc.) are included in the rankings, and commercial members are excluded.
So there you have it — a powerful new tool to assist you in your pursuit of profits!
PS, If you don’t have a Trade Explorer yet, get one here!
Posted by Sidney, Forex Factory Director of Marketing