I'm in Australia and because I've always done my demo trading in a USD account, I had assumed that I'd do the same for my live account. Then I got to wondering whether it's better to pick the best time to fund a USD account in terms of exchange rate and put up with future uncertainty in exchange rate when I wanted to bring money back to australia, or fund it in AUD and put up with exchange rate variations on a trade-by trade basis. Then I thought about the fact that JPY is so low and that in the future it might be on the increase, so i'd be making a profit on my account.
Any thoughts on this?
Any thoughts on this?