hi guys, i have a question. let say you are living in the UK and you are thinking of buying shares of a US-based company, and your allotted fund for that is £10000(~$15709.43). of course, this US company shares is quoted in USD.
how would you position-size your GBPUSD pair as a hedge so that when the time comes and you decided to sell the shares of this US-based company, the profit is not adversely affected by the currency exchange rate? how much is the lot and £/pip for this pair? can you please enlighten me?
thanks very much.
how would you position-size your GBPUSD pair as a hedge so that when the time comes and you decided to sell the shares of this US-based company, the profit is not adversely affected by the currency exchange rate? how much is the lot and £/pip for this pair? can you please enlighten me?
thanks very much.