Cap's Trading Diary

[Toofuzzy]

Hi Cap

I had asked you about forex in previous post and you explained how with 100:1 leverage off of a $100 investment you could make $450 / year with the YEN at 119 at the time.

The YEN is now 114

I think you said you would lose $84 per $.01 increase in the YEN or $84 x 5 = $420

Still making $30 on the initial $100 investment but I guess yo would have to come up with another $400 in equity (or would you need thousands?)

I suppose you could use less leverage for less risk but also less reward.

Anyway my real question is in my next post.

How is the trading going
Toofuzzy