I explain how the FOREX or currency markets operate and the tremendous amount of leverage used in this system. The .18 cent drop in the GBP/USD on Friday 6-26-2016 took place in only 7 hours where normally would take 2 years to unfold Due to the highly leveraged currency markets a 50:1 to 100:1 margin is common. So, for a $100,000 investment you saw a $900,000 loss in just 7 hours from 10PM to 5AM on Friday at the 50:1 leverage.
No comments:
Post a Comment