DislikedScott (or anyone else), do you have this spike on your USD/HUF chart from October/2011?Ignored
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DislikedScott (or anyone else), do you have this spike on your USD/HUF chart from October/2011?Ignored
DislikedScott,
1. What if it had gone the other way when you first entered?
Prior going for a particular carry trade pair, I will do some analysis on it.
Take for example, TRY/EUR.
a. 1 year trend is up.
b. It is still on uptrend against the EUR, good for me.
c. Historically low is about 400 pips from current price.
If the trade went against me, I do not worry as I have a reserve of cash balance (equivalent to 400 pips losses). What is the chances to break the historically low? I would said it is pretty slim. Hence,...Ignored
DislikedJust an update of my portfolio on carry,
Total Margin = $3882
Total Carry = $21 daily
My target would be $200 daily in order to achieve financial freedom and quit my job.
Regards,
JudyIgnored
DislikedOk, so the overall 3-point plan (Diversification, Front-end Loading of Leverage, and Trading Around the Core Position) is still unchanged. The only thing I've changed here is the method for the third part, trading around the core position.
First, I've eliminated the idea of comparing the account's current equity to the projected equity and basing buy/sell bias on that. After the US debt rating meltdown back in the Summer/Fall of 2011, the actual equity has been way below the projected equity at all times, leading to a constant dollar short...Ignored
DislikedJust found a useful feature in Oanda,
My results for year 2011
Cheers,
JudyIgnored