Do You Want to Make Serious Money?
I read the article, not impressed by the high leverage involved.
Have you read any books about trading?
Best way to make money with FX or futures in general is with trend following or breakouts.
Hedging is taking a position that will guarantee a gain or prevent a loss.
No matter a no commission brokerage says, you will pay in commission in pips
ie $100,000 worth of Euros comes in at $10 per pip.
Look for high difference yielding pairs- AUD/JPY and NZD/JPY for carry trade type income, pretty sexy stuff without hedging and if the market is in the mood for it.
|