Which instruments do you use to trade forex? Futures, CFDs or leveraged FX?

[helpme_please]

Long term do forex as I might be in a trade for years, so less fees, but I hedge with options on futures.

Scalping/day trading only futures with currencies.

Not allowed to do CFDs in USA

If you need to hedge with futures options, why not have a smaller forex position in the first place?

 

[Handle123]

If you need to hedge with futures options, why not have a smaller forex position in the first place?

Perhaps cause I have spent past eight years learning more risk management than any my first 32 years, perhaps I can risk down so small that losing trades I still can make profits, perhaps I have learned when charts are showing there is going to be retracement I can hedge my open profits instead of getting out and during the retracement exit with a profit and either buy more for the position and or buy options back in direction of the trend. And perhaps it is all automated and I can watch 3 stooges waiting for next scalp in ES as am manually testing latest system developed. Perhaps, LOL. I hedge everything over 29 minute timeframes, stocks and commodities and forex. Some times even hedge day trades so I don't have to exit just before reports.

 

[JSOP]

Forex is regulated in the U.S by the The National Futures Association (NFA) & Commodities Futures Trading Commission (CFTC).

Regulation of forex by NFA/CFTC is a joke. So all they've done is putting a leverage cap to protect its futures industry and banning of the use of credit cards to deposit funds by traders forcing traders to use the more expensive and slower method of depositing the funds while at the same time permitting market maker brokers who trade against traders to exist.

 

[tomorton]

Anyone reading this in the UK, don't ignore spreadbetting. Well regulated, low capital requirements, small position sizes available, broad range of markets accessible, no tax on profits. Just don't try to use it for scalping.