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I think China hasn't had inflation for 10 years (actually deflation), China had over 20% inflation during 1993-1996 period. You can't compare the salary like that. In 1990 a typical Chinese working family has free medical insurance and free apartment, now people have to pay for them with...

Yes, it's like an option. High volatility/high risk is always good to the holders( in this case the fund managers).

Seems to me this may be true for computer manufacturing but car making is not so knowledge-based yet. I think labor and material cost is still a large chunk of the total cost.

Correct me if I am wrong, but I think it's very hard to hedge away long-term currency risk using financial derivatives.

Typical results of the expectation of USD depreciation. If US Dollar keeps depreciation, the cost of manufacturing cars in Japan will be higher and higher when measured in dollar, but the cars are sold in US and are paid in U.S dollar, and it's not easy to raise prices. So building factories in...

yes, if I keep the CAD position I am overtrading. But now I hold only a mini-silver short and I feel much better.

Coved USD/CAD short again, price 1.1047, time 19:14 US Central Time, still feel uncomfortable with it. Will keep away from Forex for a while . On the other hand feel much better with the mini-silver position, if keep going down tomorrow morning, will short another lot.

Trade: Sold USD 25000 against CAD Price 1.1040 18:43 U.S. Central Time 05/29/2006

Trade: Short YI JUL06 1 lot 18:22 U.S Central Time 05/29/2006 Price 12.785

Manaco11 Thanks a lot for your insightful advices. I got out of the CAD trade not due to the loss or scared, I am still bullish on CAD but I felt I didn't choose the right entry point after I did the trade. That's why I got out. I will try to build a position later after observing it for some...

Same with NYMEX? Thanks. Pooh

Trade: Covered $25000 USD against CAD at 1.1052.

Trade: Sold: $25000 USD against CAD Price: 1.1052 Time: 2006/05/28 21:34 U.S. Central Time

Even one mini-contract is too risky for me, I can't rule out the scenario of touching $65 at some point. However, CAD has an almost 0.8 correlation with oil.

I am not a day trader and try to follow the trends in mid and long-term. My current opinion is oil is still on the rising and we are likely to see it over $100 sometime this year. But due to restrictions of my capital I won't buy oil futures. Related I think USD is likely to depreciate another...

I just openned an IB account and deposited USD 3,215 as initial capital. I will post all my trades real time to see how it goes. I will try to trade every product available on IB. But since my intial capital is very small I will confine myself to U.S. stocks and Forex in the beginning. When I...