Hedging against base currency fluctuations - Currency Futures | futures io social day trading
futures io futures trading

Hedging against base currency fluctuations
Updated: Views / Replies:1,093 / 2
Created: by zktier Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Hedging against base currency fluctuations

  #1 (permalink)
Trading Experience: Intermediate
Platform: mt4
Favorite Futures: Forex
Posts: 7 since Sep 2012
Thanks: 5 given, 1 received

Hedging against base currency fluctuations

I live in Sweden and canīt use the krona for my base currency at most of the brokers out there. If I use USD as base and the krona strenghten during the time I trade I have a problem when it comes to a longer timescale. I am thinking that a hedge is the best way to avoid loses in in fluctuations between my base currency and broker account currency. For example. If I use USD as base I am long USD as long I have the account. Should I then short the USD against the krona for the same amount that is in my acount to avoid getting trapped if the krona strenghtens? Or am I thinking the wrong way about this?

Reply With Quote
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
Administrator: Retired Backtester
Rennes France
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB/Kinetick
Favorite Futures: Futures
sam028's Avatar
Posts: 3,545 since Jun 2009
Thanks: 3,725 given, 4,274 received

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 .

Success requires no deodorant! (Sun Tzu)
Reply With Quote


futures io > > > > Hedging against base currency fluctuations

Upcoming Webinars and Events (4:30PM ET unless noted)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

Similar Threads
Thread Thread Starter Forum Replies Last Post
Account Currency not equal to Base or Counter Currency caliph Currency Futures 4 February 13th, 2012 01:15 PM
Hedging Auto Strategy with Tradestation? warrenpuffit EasyLanguage Programming 2 December 11th, 2011 08:18 AM
Forex base currency and portfolio diversification andrewtrader Currency Futures 5 December 9th, 2011 02:59 AM
How to actually flatten IB paper account to base currency bnichols Platforms and Indicators 8 November 9th, 2011 10:41 AM
Trading Account Base Currency Ash669 Reviews of Brokers and Data Feeds 5 October 31st, 2011 11:15 PM

brokers, forex, information, paper, short

All times are GMT -4. The time now is 01:32 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-06-20 in 0.18 seconds with 14 queries on phoenix