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Old 10-30-2005, 09:31 AM
MMMMMM MMMMMM is offline
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Join Date: Sep 2002
Posts: 4,103
Default Re: Shorting the US dollar

You do realize that if you work with 100x leverage, a 1% move against you will wipe out your entire margin thus closing out your position at a loss, right?

You should take a look at some past charts of the dollar's movement--hour charts, day charts, monthly charts, and yearly charts--just to see what kind of fluctuations are involved.

It is not that hard to call the direction right overall, yet still have your position wiped out in the shorter term if you are highly leveraged.
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