Asarov16:
Hey, guys!
Considering a USD 1,000 account, what would be my DD if I open a long position and a short position at the same time?
For example, if my long position (USD/CAD) is +100 USD and my short position (EUR/USD) is -150 USD, what would be my DD? 5% or 15%?
5%
Asarov16:
Hey, guys!
Considering a USD 1,000 account, what would be my DD if I open a long position and a short position at the same time?
For example, if my long position (USD/CAD) is +100 USD and my short position (EUR/USD) is -150 USD, what would be my DD? 5% or 15%?
100. You should consider a USD 100 account.
Since 2009, hedging is not permitted for US traders.
NFA Enforces FIFO Rule, Bans Forex Hedging in US Forex Accounts - Trading Heroes
FAQ: FIFO in the Forex Market - BabyPips.com
NFA Enforces FIFO Rule, Bans Forex Hedging in US Forex Accounts - Trading Heroes
FAQ: FIFO in the Forex Market - BabyPips.com
Eleni Anna Branou:
5%
Thanks, Eleni!
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Hey, guys!
Considering a USD 1,000 account, what would be my DD if I open a long position and a short position at the same time?
For example, if my long position (USD/CAD) is +100 USD and my short position (EUR/USD) is -150 USD, what would be my DD? 5% or 15%?