Did he trade through a broker or short the pound through the bank?
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DislikedHe did that when he was 60 + years old.
... After he went from office to his home, he didnt slept that night as US session was in progress.Ignored
DislikedAnyone got a chart for that period, it would be interesting to see!Ignored
Dislikedhehehe I guess if something had gone wrong he would not be here to tell.. Even if he had the super man heartIgnored
DislikedAccording to him the risk was only 2 or 3%, for a ~15% return, nice risk:reward!Ignored
Dislikedi remember read a article. For the 1992 gbp trade, he was making substantial profit in trading. Something like he has return of 30% profit for the year and he risk 5% on the gbp trade... quite a good RR with no risk to his principal capital.Ignored
DislikedWhy no one answer my question *sad face*.
i thought forex is unregulated if i was the broker i would run away or go bankrupt..
did he sell exchange currencies through the BoE? can you sell pounds when you dont have the actual pounds ?? did he trade with margin??Ignored