Comments on: Question about Forex market? http://www.myylt.com/2009/02/01/question-about-forex-market/ Discussion of Forex Trading and Currency Trading Tue, 22 May 2012 06:04:21 +0000 http://wordpress.org/?v=2.3.3 By: acablue http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11285 acablue Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11285 Yes, your investment would increase by that amount, and there is nothing very hidden in the process, although it would be a capital gain for tax purposes. Whether the GBP will rise again to that level is anyone's question. But, against the dollar, it is possible given what is happening today that the dollar could depreciate enough against the pound to make it happen. All you would be doing is to preserve the purchasing power of your investment (if you are in dollars) but that is better than losing 38% of it. Yes, your investment would increase by that amount, and there is nothing very hidden in the process, although it would be a capital gain for tax purposes.

Whether the GBP will rise again to that level is anyone's question. But, against the dollar, it is possible given what is happening today that the dollar could depreciate enough against the pound to make it happen. All you would be doing is to preserve the purchasing power of your investment (if you are in dollars) but that is better than losing 38% of it.

]]> By: tancy2411 http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11286 tancy2411 Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11286 The leverage for Forex is 100:1. This means that you only need a $1000 to control an amount $100000. 1 pip is 0.0001 and is worth USD $10 for GBP/USD currency pair. If GBP/USD goes up from 1.45 to 2, it will be a profit of 5500 pips * 10 = USD $55000. This makes the return to be 5500% for the initial margin of USD $1000. There is no commission for Forex but you need to take care of the bid/ask spread in the trade. When you roll over to the next day, you will either receive interest or pay interest depending on which currency have the higher interest rate. If you buy the currency with the higher interest, you will receive interest when you roll over. IMHO, it is unlikely will GBP/USD return to $2 level in the short term as the economy outlook is uncertain. The leverage for Forex is 100:1. This means that you only need a $1000 to control an amount $100000.
1 pip is 0.0001 and is worth USD $10 for GBP/USD currency pair. If GBP/USD goes up from 1.45 to 2, it will be a profit of 5500 pips * 10 = USD $55000. This makes the return to be 5500% for the initial margin of USD $1000.
There is no commission for Forex but you need to take care of the bid/ask spread in the trade. When you roll over to the next day, you will either receive interest or pay interest depending on which currency have the higher interest rate. If you buy the currency with the higher interest, you will receive interest when you roll over.
IMHO, it is unlikely will GBP/USD return to $2 level in the short term as the economy outlook is uncertain.

]]> By: sandy http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11287 sandy Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11287 Trade Forex Automatically from Home Less Than 10 Hours/Week & Make More Than The Average Full Time Employee! http://www.forexsoftwarereview.net Trade Forex Automatically from Home Less Than 10 Hours/Week & Make More Than The Average Full Time Employee!

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]]> By: gowtham vivek http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11288 gowtham vivek Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/02/01/question-about-forex-market/#comment-11288 It will change according to leverage. For free forex tips visit http://fxmyth.com It will change according to leverage. For free forex tips visit http://fxmyth.com

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