Vancouver Island, BC, Canada
Experience: Intermediate
Platform: Sierra Chart
Broker: IB
Trading: E-micros, Options, Stocks, ETFs
Posts: 53 since Nov 2017
Thanks Given: 9
Thanks Received: 30
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For all the non-USA based traders out there, just wondering how you deal with the swings in account equity due to USD FX volatility.
I am often taking swing trades in US stocks and ETFs, but my account basis is CAD. Holding trades with a USD basis creates large swings in account equity based on the mark to market USDCAD conversion. I find it troubling to figure out how to manage this.
Just curious to hear from others how they deal with this dynamic.
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