fx is a dead game

[cocaineaddict]

http://www.marketwatch.com/story/japans-new-forex-margin-limits-loom-over-brokers

 

[rsikit]

Thank go I aint in Japan, but no worries, 25 x margin is still more then enough. Way more then needed or should be used!

 

[nukethewhales31]

Quote from cocaineaddict:

http://www.marketwatch.com/story/japans-new-forex-margin-limits-loom-over-brokers

struggling how to see that forex is a dead game now because of what this article says

 

[short&naked]

This is one measure they have to protect the JPY from getting smashed again.

 

[DynamicHedge]

50:1 margin limit for Japanese brokers does not make the forex a "dead game".

 

[SethArb]

-There are now over 100 currency margin brokerages in Japan, with margin requirements that vary from 20 to several-hundred-fold.-

DOMO DOMO !!!

www.youtube.com/watch?v=Da9X4tnW2o4

 

[Xspurt]

Dead?

rotflmao

50:1 or 25:1 anything ain't dead. Futures is just around 20:1 now so is it dead too?

Looks good to me for a dead market.

 

[Kicking]

No the real threat to FX is a move back to fixed exchange rates.
I trade currencies but I am for a fixed exchange rate system . Floating rates are an economic plague that profits only to bankers and speculators.

 

[short&naked]

Quote from Kicking:

No the real threat to FX is a move back to fixed exchange rates.
I trade currencies but I am for a fixed exchange rate system . Floating rates are an economic plague that profits only to bankers and speculators.

Actually this is not that far off. Even Soros would agree that the benefits of such a floating system are starting to dwarf the downsides.

 

[short&naked]

Quote from Xspurt:

Dead?

rotflmao

50:1 or 25:1 anything ain't dead. Futures is just around 20:1 now so is it dead too?

Looks good to me for a dead market.

Well, while you ROTFLYAO, consider this: There is also the threat to price action. Things might get a lot choppier with lower levels of leverage. fx futures is around 1:60, not 1:20.