Go Back   DailyFX Forex Forum | FX Forum

View Single Post
  #167 (permalink)  
Old 11-03-2009, 03:14 PM
iceoverflow's Avatar
iceoverflow iceoverflow is offline
Member
 
Join Date: Sep 2009
Posts: 711
iceoverflow is an unknown quantity at this point
Quote:
Originally Posted by fxmicroman View Post
Ah, got you... I was just wondering what the ESMini was. For me I only trade forex for now, I have an account here in US and a Metatrader 4 account in Malaysia so I can trade gold my favorite Made a nice profit today it shot up from 1055.40 to now 1083.85 Was looking at Futures and options for a new hobby have not decided yet maybe after the first of the year....
Great trade, awesome! I love gold and oil. Gold is not as erratic and better to trade, for me oil is just short term trading. Options are awesome, I love them and have made lots of money with them. A great way to play a move and mitigate your risk. I have only used options in the equities markets. The current futures broker that I am using has money managers that use a lot of options on futures contracts. They send me their thoughts so it will be interesting to see their perspectives on this. I used to love to trade gold and es. I wanted to focus solely on forex and now am beginning to branch out again. With the new margin changes leverage won't be too different from futures to forex.
__________________
Reply With Quote
 


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 07:22 AM.
Copyright ©2009 Daily FX. All Rights Reserved.