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Thanks, I'll check them out

who else is there

I could only find 4 to 1 leverage with forex.com, IB, etc.. Do you know of any other U.S. brokers with higher leverage for USD/TRY

I'm looking for leverage for an exotic forex pair - the USD/TRY which is the U.S. Dollar and Turkish Lira. Does anyone know of a U.S. broker that gives high leverage for that pair. Thanks

I'm sure they got insider information. Their fund made a 4,500% return in 10 years when the DOW only returned 50% in that same time frame. So I'm sure they were probably buying gold and selling it. Probably made money on the way up and down. Again, intel helps. In regards to the Bolivar I...

I'm sure you make money trading. It's probability theory, you don't make money trading

That's a good idea though. How do you make money in a hyperinflated currency. Looks like Bolivar will hyperinflate again.

Gotcha, so the price of gold just increased in Bolivar as well as everything else. Unlike the U.S. in the 1970s the price of gold did increase compared to the DOW. The DOW flatlined but Gold went through the roof, hence, stagflation. It looks Venezuela is a little bit different no stagflation...

Look at the chart of Gold, that is where money was made. You could probably make on the currency as well.

In his first fund he did. That is all they bought, was commodity and gold. Him and Jim Rogers. They also sold options against the DOW. The DOW did not move. Gold moved. Money was made in Gold and commodity

The question is, how do you cash in on Bolivar devaluing again...hmmm... maybe through the currency, not through gold

They devalued both currencies by Gold moving

Right same thing just way more extreme. George Soros made all the money buying Gold

Gold in Venezuela went up 3.1 million percent in 2018 - https://www.forbes.com/sites/greatspeculations/2018/08/06/wait-until-you-see-the-price-of-gold-in-venezuela-right-now/?sh=589f7b625fd2 It just recently went up 4.2 billion percent in 2022. Look at this chart, just scroll down to the...

I just looked at it on black scholes. I think I might have the wrong strategy. It seems like it's tough to make money. I appreciate the feedback and help though

Maybe I have to fool around with black scholes to get an idea

There are about 6 months until expiration

because the option prices aren't equal. I put the same amount of money on both the call and put but the price is different. Maybe I should just buy the same amount of options

I'm assuming I'm losing on volatility. If the market volatility drops my options will lose value

I'm trading option straddles. I'll buy the same strike call and the same strike put at the price and the same expiring month. If the market price is at 19.20 I have to buy both a call and put at a strike of 19. The call and the put are not identical since the the market price is not exactly...