Liquid Rate Gold

D

DrawDown

Later this week: FOMC Announcement - expected to raise interest rates 1/4 pt.

10,000-units held long in USD/JPY will produce a virtual liquid gold mine spitting over $9 a week at you in interest (according to this source).

Using 50:1 margin you'll need to hold a mere $200 of your money open to exposure in the ForEx market.

That's a staggering increase of over 240% on your $200 - compounding affect (making interest on interest) will be in addition to this sum.

Anyone trading merely in the direction of collecting USD/JPY interest?

Any suggestions/tips on how to successfully maintain this type of core trade size without getting vaporized by drawdown?

dRaWdOwN
 
Yes and how many pips at 50:1 can you lose before you blowout your $200?

Every time the yen falls for a few months in a row, out come threads like this one. Then the yen spikes up a few hundred points and then it's back to the drawing board (and another alias).

Regular as clockwork.
 
Quote from illiquid:

Yes and how many pips at 50:1 can you lose before you blowout your $200?

Every time the yen falls for a few months in a row, out come threads like this one. Then the yen spikes up a few hundred points and then it's back to the drawing board (and another alias).

Regular as clockwork.
More...
*shrug* ... I've never lost trading the yen.

Let's put it this way... I have deep trading capabilities. ;-)

dRaWdOwN
 
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