Hedging against base currency fluctuations | Currency Futures


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Hedging against base currency fluctuations

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Administrator: Retired Backtester
Rennes France
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB/Kinetick
Favorite Futures: Futures
 
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Posts: 3,573 since Jun 2009
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The easy way to understand that is to take a piece of paper and a pencil and do the math yourself:
- on day 1
-> stock A value: $100
-> USD/Krone : $2 for 1 Krone (not idea of symbol/value)
- on day 10:
-> stock A: $110
-> USD/Krone: $1.5 for 1 Krone

I let you think about what you should have done to make a 10% profit in Krone .

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