Portal
Index
Memberlist
Profile
FAQ
Search
Bookmark and share the address of forexgreenland - Forex forum,Forex training, Forex signals, Forex mgt accts on your social bookmarking website
Bookmark and share the address of Forexgreenland - Forex forum,Forex training, Forex signals, Forex managed accounts on your social bookmarking website
Index
Memberlist
Profile
FAQ
Search
Latest topics
Social bookmarking
Bookmark and share the address of forexgreenland - Forex forum,Forex training, Forex signals, Forex mgt accts on your social bookmarking website
Bookmark and share the address of Forexgreenland - Forex forum,Forex training, Forex signals, Forex managed accounts on your social bookmarking website
Which currency to hold your capital in?
3 posters
Forexgreenland - Forex forum,Forex training, Forex signals, Forex managed accounts :: Your first category :: Eccurrency exchanges Forum :: Members ecurrency exchange forum
Page 1 of 1
Which currency to hold your capital in?
Do you consider which currency to hold your trading capital in as part of your strategy? Some brokers offer accounts in multiple currencies. For example I think FXCM and RefcoFX offer Euro, Yen, Pounds and US Dollars. As I understand it, they also allow one to switch one's capital between accounts easily for the cost of their current bid/ask spread (which sure beats retail bank spreads).
It recently occurred to me that if I held my capital in a US Dollar account and made "x" percent per month from trading but the US Dollar fell a similar amount or more, I would have little or no profit, or a loss, respectively.
This suggests to me that one might want to choose the strongest currency available at a good broker to hold their account in and move it around or hedge it as markets change. It also suggests that one should look for a broker that pays the best interest on one's un-deployed capital.
So which is the strongest currency?
How can one quickly determine this and monitor this?
Which brokers offer which currencies?
What might be some good capital management strategies to determine which account(s) to hold one's trading capital in?
Which brokers pay what amount of interest on monies in your accounts and under what conditions? Some brokers only offer interest with lower margin accounts or offer no interest.
What are your thoughts and experiences with respect to these matters?
I haven't seen any posts on this forum regarding this so if the matter has already been dealt with, please point me to the thread.
It recently occurred to me that if I held my capital in a US Dollar account and made "x" percent per month from trading but the US Dollar fell a similar amount or more, I would have little or no profit, or a loss, respectively.
This suggests to me that one might want to choose the strongest currency available at a good broker to hold their account in and move it around or hedge it as markets change. It also suggests that one should look for a broker that pays the best interest on one's un-deployed capital.
So which is the strongest currency?
How can one quickly determine this and monitor this?
Which brokers offer which currencies?
What might be some good capital management strategies to determine which account(s) to hold one's trading capital in?
Which brokers pay what amount of interest on monies in your accounts and under what conditions? Some brokers only offer interest with lower margin accounts or offer no interest.
What are your thoughts and experiences with respect to these matters?
I haven't seen any posts on this forum regarding this so if the matter has already been dealt with, please point me to the thread.
Re: Which currency to hold your capital in?
i have been using dollars but now i guess i will have to change the principal currency of mine, coz there has been too many fluctuations in dollar offlate
Re: Which currency to hold your capital in?
Why not holding your account in euro of sterling? The dollar is losing its value gradualy. Last year nobody expected that we will be trading in 1.3-1.35 range. It will not be a big surprise to see 1.4 withing few months
Reply With Quote
Reply With Quote
shiny100-
Number of posts : 25
Location : Asia
Reputation : 1
Points : 26
Registration date : 2009-06-15
Similar topics
» Housing Data Disappoints, EUR/USD and GBP/USD Hold their Ground
» What stocks will be a wise investment to hold long term?
» Grand Capital-grandcapital.net/eng
» Unite World Capital Ltd. - UWCFX.com
» What stocks will be a wise investment to hold long term?
» Grand Capital-grandcapital.net/eng
» Unite World Capital Ltd. - UWCFX.com
Forexgreenland - Forex forum,Forex training, Forex signals, Forex managed accounts :: Your first category :: Eccurrency exchanges Forum :: Members ecurrency exchange forum
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|
Tue Sep 04, 2018 6:35 pm by rombizniz
» Daily Market Analysis from ForexMart
Fri Jun 22, 2018 8:01 am by Andrea ForexMart
» InstaForex Company News
Wed Jun 06, 2018 7:21 am by IFX Yvonne
» ForexMart's Forex News
Tue May 29, 2018 5:12 am by Andrea ForexMart
» Company News by ForexMart
Fri May 25, 2018 7:22 am by Andrea ForexMart
» Buying/selling Target, Best Buy, Apple, Itunes Usd, Amazon, Ebay, All Kinds Of Walmart, Gd; All In
Sat May 19, 2018 8:13 am by cricker94
» buy&sell gift cards,bitcoin,skrill,alipay..amazon,ebay,walmart,target,googleplay
Thu May 03, 2018 6:40 pm by rodxzn
» LiteForex news
Mon Apr 16, 2018 4:15 pm by LiteForex Official
» Buying/selling Target, Best Buy, Apple, Itunes Usd, Amazon, Ebay, All Kinds Of Walmart, Gd; All In
Fri Apr 13, 2018 11:31 pm by cricker94