Group is doing well, I haven’t posted a while. I am trading stock mostly. Interesting fact I am always long on eur usd no matter the level or price I am always on “profit”. Not even stop loss is placed. I just buy it. Learned that in the private group that I am in. Mostly professionals there trading 500k plus /not me /. I get interesting point of view. If you are buying us shares / priced in dollars/ you need to sell the currency in which the shares are denominated and buy in your domestic currency. It’s called currency risk. Ofc your positions size in shared and usd must be equal. I say it because I learned it from kind of big boys. Imagine all the EU investment funds, banks and hedge funds hedging their currency risk and how this affect forex markets. They are holding billions if not trillions in long positions in eur/usd. Once you close your positions in shares you must close your long positions in eur/dollar. Yes they are holding their positions for months if not years. It is the same with Us bonds ,interesting if foreign governments and bonds holders also hedge their currency risk in that way
You attract what you think in any area of life, relationships and trading!
