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Old October 19, 2000, 01:34 PM
Dien Rice
 
Posts: n/a
Default Re: Dien, now you've really got me interested

Thanks Elizabeth for your encouragement!

I'll try to write a nice article explaining what I learned about how it works.... :)

It does seem quite exciting.... The main excitement comes from the very small margins you need (around 3%-5%)....

That means you can have a VERY high amount of leverage! I'll write more about it in the post I'm writing... :)

What that means in normal language is that with just $3,000, you could be buying and selling FX futures contracts worth up to $100,000....

It's this huge leverage which leads to the VERY large potential gains or losses....

Dien Rice