DislikedHmm, i was not in a chf trade, but my eurusd positions look to usdchf for "confirmation" since they are inversely correlated. - this is just a peek hahaa. but from the unpegging of the chf from euro, seems that no amount of babysitting can help if these events occur. if one is on the wrong side of chf, and an event like this occurs, its a total wipe out with or without leverage. i guess luck does play a part in trading. one question fti, you mentioned that you would rather stay in GBP as it is not fiat. I understand the Euro is fiat. but isnt GBP...Ignored
the leverage is used as hedging instruments mostly.
how can it be a total wipe out if no leverage is used?
oh cable?
"The British pound was defined as 12 ounces of silver, so it's worth less than 1/200 or 0.5% of its original value. In other words, the most successful long standing currency in existence has lost 99.5% of its value."
http://georgewashington2.blogspot.co...-for-fiat.html
is nixon a uk president?
any way does uk have a president?