Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Other Topics > The Stock Market
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 02-24-2005, 12:44 PM
crazy canuck crazy canuck is offline
Senior Member
 
Join Date: Sep 2002
Location: Toronto canada
Posts: 657
Default How to profit from currencies?

Suppose I can predict the direction of next weeks change of a currency with 65% accuracy. Also, assume the size of the movements I get right and worng is the same.

So what would be the best way to profit from this?

I believe if I buy an option, the time decay is too much. There don't seem to be any online brokerages either that deal with currency options.

Since the currencies barely move, holding the currency itslef instead of a derivative would be useless.

I guess that leaves futures. So is it then the only way to go? Does anybody know of a good online brokerage?

Any help is appreciated.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 01:21 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.