Recent content by MoreYummy

So you are expecting CAD to go down or flat after 2 or 3 years

Ha, That's one. Joking aside. what would you do to hedge this?

Let's say I converted $100,000 CAD into USD, for investment, and want to buy back same amount of CAD in 2 or 3 years. What is the most cost affective way to hedge this? Buy "Call Option" that is at/near market price as of today with the same amount in notion value? Thanks.

You need more capital to trade future. 1 thousand is not enough.

This is probably one of the most time consuming test for paper trading method. :)

Yup. That's what I'm going to do. However not many broker has this cad Cny pair. Any recommendations. Thanks

It will raise the chance of rate hike if this continues to be better than expected.

They starts to charge interest on high balance account on some currency.

It depends on your cost of living. If you can live with basic one, you dont need to save much. Just save some money for blowing some accounts before you become a successful one. :)

Some win, some lose in the market. While others who not in market win or lose. It is just how many lost or win . :) It is a number game.

People like to use hedge fund more now, because it seems they have better structure and expect higher return. It really depends on the manager of the hedge fund, they vary alot. I know some individual traders do better than hedge fund. Some times the fund is too big, it is the same as...

It is going to far away, lets come back to the earth :) J/K Make it simple, where can i trade the US dollar vs Chinese Yuan option.

Yea, i was thinking about that 2 pairs, but its for hedging purpose of my investment, since one pair makes it simple. Im not trading the pair. That's why i want option for this pair, or pair combo.