No such thing as riskless money. Risk is relative though. Markovitz (volatility) risk is no biggie if you know your stats and are confident about your strategy/tactics. Only what really matters is Graham risk (permanent loss of capital). Of course poor trading can easily turn 1st into 2nd.
yes, the carry trade, for most of 2012 I took the other side and paid through the nose, but the cap gains were more. Now I am on the right side of the carry trade, long aud.usd, isn't it nice? But I have been long since 503, so whatever I have made in carry I have more than lost in cap appreciation. yes, everybody is trying to get the carry, that is what the whole forex market is about and these boys don't trade on 40 to 1 margin, they are the trillion dollar movers you hear about
is this proof of xspirt looking for student? http://www.elitetrader.com/vb/showthread.php?s=&postid=2520914#post2520914 and read next two posts down from there x: The approach doesn't matter so much as the opportunity to see live trading at an advanced level for a small cost j: Where exactly would you find this opportunity? x: pm sent ??????????????????
oh shit man, I can tell you, ten more consecutive days like today, and this fulltime forex trader won't exist. I will just be a figment of my former imagination of my former self. When they ask about me, it will all be "just make believe" the best I can hope for is they will say, "He did pretty well in 2012 and invested some of those profits long term"
No it's not. It's a guy called Dr. B McD that used to charge $150pm but I wasn't sure what he charged then/now. He's got a long track record on the net and you can try and find him yourself. I didn't want to post his details here. Let me say it loud and clear. I have no time for mentoring and unlike surf or Atticus I don't want other peoples money to trade. I have nothing to sell but you can ask if you wish. All I need is coder/quant/developers and I'm trying to figure that out. My own money is enough to trade thanks. Thanks for the advertising but the shop is closed
Well what i mean by this is a high rolling client that just wants to double his money in a very very short time (say a month), and can accept the risk of losing it all (a 20% risk), and yes 100k is considered big money for someone who's willing to lose it all in order to double it. Not many people will invest millions and expect them to double month on month while accepting big risks. You think the carry trade is the reason for the drop in the yen? Have you see the USD/JPY and EUR/JPY? lol, what does this question have to do with anything, the yen is weakening as a currency, you dont think it can weaken against one pair while not weakening against another pair do you ? were this to be the case we'd all be multi billionaires If the yen falls against the aussie it will surely fall against the usd, the euro and.... For the poster that asked about the possibility of getting the rollover without ensuing the risk of the trade, yes there is a way...a very simple one actually You can invest your money in some countries with high intrest rates using the USD as deposit, if you trust that country's banking system enough to do so, you could make some nice intrest (5-10%), usually a bit less than the intrest rate on the country's main currency albeit a good amount of money. However, you cannot leverage here so yes, you can deposit your money in some foreign bank with high intrest rates while not incurring the risk of monatary fluctuation, and you'd be surprised how many hedge funds actually do that to sort of hedge some of their risks while still reaking some good profit.
Oldtime, how come you're losing today? You usually win when I lose and visa versa. Actually, I've been losing for several days now; still waiting for this damn EUR/USD to head north again. In the meantime my "investing" in MTU is paying off nicely today.