Fellow FFers,
First of all, congrats for creating such a community, thanks everyone that participates to make this community even better.
Now...
The big question and "unknown" of the modern fx and financial world: CARRY TRADE!
Everyone is saying smthg; it can't be done, if it was profitable why everyone is not doing it, you will LOSE all your capital if carry trade unwinds etc.
I started a PROGRESS account (demo, NOT real $) to see what the actual FACT would be.
The account is started on May 16 th at 12:00 pm EST. Originally 5000 $ invested. Below are the positions taken:
Long GBP/JPY Long USD/JPY Short GBP/USD Short CHF/JPY Short CAD/JPY Short USD/CAD Short USD/CHF
I will be updating DAILY how this carry trade account is performing.
Comments along the way would make this journey very enjoyable and fun to read/debatei I believe.
First of all, congrats for creating such a community, thanks everyone that participates to make this community even better.
Now...
The big question and "unknown" of the modern fx and financial world: CARRY TRADE!
Everyone is saying smthg; it can't be done, if it was profitable why everyone is not doing it, you will LOSE all your capital if carry trade unwinds etc.
I started a PROGRESS account (demo, NOT real $) to see what the actual FACT would be.
The account is started on May 16 th at 12:00 pm EST. Originally 5000 $ invested. Below are the positions taken:
Long GBP/JPY Long USD/JPY Short GBP/USD Short CHF/JPY Short CAD/JPY Short USD/CAD Short USD/CHF
I will be updating DAILY how this carry trade account is performing.
Comments along the way would make this journey very enjoyable and fun to read/debatei I believe.