Hi , it’s always good to read your posts. I was just wondering why people don’t consider trading currency futures…in most cases , price movement is pretty much same or exactly the reverse ( and thus price charts are also very similar in spot forex and currency futures ) , no ?? please correct me if I am wrong about price charts ( there is little bit difference ) .
expiry of contract is not an issue, as most of the traders are in the trade for couple of days or less.
is the liquidity an issue? that might be the case… I called cme , a while ago, and they told me liquidity on majors is pretty good and traders can easily get in and out of the trade. I have had zero experience with trading currency futures. I did have little bit experience with forex back in school days, I loved it.
TWS, the ib platform, does need time to learn through. there are you tube videos on how to trade forex using TWS…classical way and some newer version of it. I guess, we can always use MT4 or some other platform that we are more used to together with TWS.
one thing is leverage… currency futures is one to one unlike spot forex, I think if a trader has 15 K or 20 K in his trading account then they don’t need much leverage…and they can have a reasonable stop loss. any views… I think I am missing some great point here that’s why most of people want to trade spot forex and they don’t try currency futures… any views on this line would be greatly appreciated and would be of great help, blessings, Ray