Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
It can become a vicious circle, depending on the amount of capital adversely affected... critical mass is needed. They're leveraged USD long/JPY short 10x. Then the USD went 3x leverage into long ES.
Worked great, just not on these certain days
when the JPY rallies something like 1.5% & ES drops a couple % the bottom line becomes very very red quickly and the phones go a'rining with margin calls (forced liquidation) to cover JPY and selling ES.
Worked great, just not on these certain days
when the JPY rallies something like 1.5% & ES drops a couple % the bottom line becomes very very red quickly and the phones go a'rining with margin calls (forced liquidation) to cover JPY and selling ES.
