Anyone with FX experience?
I’ve started applying the same algos I have to trade stocks with to FX, and like the results. I’m interested in doing this because work basically has my balls in a vice grip when it comes to trading. I very seldom am able to get things pre-cleared. To make it worse, I like trading options, and there’s no guarantee that even if I can get cleared to load an options trade, that I’ll be cleared to sell it before it expires. I also have to hold those options for a minimum of thirty days - yeah, which is a deathtrap. However, there are absolutely no restrictions on me trading currencies… shwing!
I have a few questions, maybe we could even connect in private?
1. What broker is the best?
2. Specifically, I’m looking to trade options on currencies, which brokers will do this?
3. Minimum account size to do point 2?
4. In a given 6 month time span, let’s assume I take 20 options positions, and that in each position I’m risking no more than 5% of my total account. I understand how this plays out in equities, but how will this play out on currency tradnig? I guess the question I’m asking here is how do you measure volatility on currencies? Just like you would with stocks?
¯\_(ツ)_/¯ It be like that sometimes.
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.