After an unbearable, multi-day period of silence, FXLQ spoke…
Actually, one of our clients who’s also a trader [you know who you are], took the liberty of contacting FXLQ to express his concerns about the little incident last Wednesday (11/29). Shortly after that, Brian from FXLQ replied via email.
He said that FXLQ is in the final stages of a new liquidity deal in which our “day trading on steroids” (scalping) style won’t be an issue anymore. He said that we could be trading again by early next week. Let’s see what happens next week.
I spoke to Brian later on during the day yesterday and he confirmed the above information. Nevertheless, our programmer continues to develop another option to allow us to day trade at other firms via Currenex in order to diversify. What happened last week was a good wake up call.
We can’t put all our eggs in one basket. If an issue arises that forces us to stop trading at broker A, we need to be able to trade at broker B. I have mentioned this to you in the past and will let you know when the second option is ready. We have big plans for the future.
Let’s keep our chins up and continue pressing forward. The future looks bright.
