Max, NZD/USD is not an exotic leverage rate. Major currency pairs are those currency pairs where both currencies are one of: AUD, JPY, CAD, NOK, CHF, NZD, DKK, SEK, EUR, USD, GBP all others are 25:1 Michael B
Ok thanks, i wasn't sure about this one. What was your worst unrealised drawdown that you saw with your system of 3 pairs? (relative to the amount in your trading account, not including the cash sub-account).
I am thinking of adding NZD/USD. The reason I did not was it seemed to move together with one of the pair, but I just looked at the one year chart and it does not really... To add a pair is a major issue, as I need to wait to get flat...this only happens once or twice a year. I could add more money to the system and do it then also... Michael B.
Hello viv... Good to have you here...Thanks for reading. I hope you are having a nice break. Michael B.
Hello Viv... Electric has mentioned you. I have been meaning to visit your Journal, but havn't got around to it.. I keep things straight around here...You know how Electric is. Wifey
Max, In the simulator, I want you to buy 10,000 units of EUR/AUD and 10,000 units of GBP/CHF and tell me which one pays more interest tomorrow... I am trying to figure out why your spreadsheet ranks differently than mine. I use the interest calculator in FX Math with 8,760 hours.. We are getting our data from the same place with different tools...(the tools are from the same place too) Michael B.
oppps sorry...not 17.1% that was the cash too.... minus 43.2% was the worst.... Hey max, if you have time test 10:1 leverage without a cash account. I am curious. I use the cash account because increasing and decreasing leverage is much easier that way. Its hard to decrease leverage, cause' you risk a margin call if you do it too early. That would be a bummer....click...click...pause...margin call...bam you lost 700 bucks! Michael B.