In order to trade CME currency futures do you "ABSOLUTLEY" have to put down the whole CME margin? Can't you start out with just  (1) a single futures contract and work your way up to buying more futures as you go along? Thank you.
123947
I don't know about FX specifically, but I would think yes.  You're not trading FX spot, but FX futures, which should be government regulated (someone correct me if I'm wrong).  I don't remember old Series 7 stuff.\n\nIf you don't have enough capital to start out with even a single futures contract, you might want to start off trading another type of security with lower costs of entry (e.g. equities).  If you're dead set on FX, you could probably also see lower costs of entry from those middlemen brokers, but those are usually just bucket shops who will kill you on spreads and you probably don't want to go there.
414857
Here is a link with the New York Mercantile Exchange trading hours.\n\nThe "stock market" is generally something else, like the New York Stock Exchange.  NYMex trades futures contracts for things like oil and gas and precious metals like gold, silver, and platinum, although not limited to strictly these.\n\nUnless you are a member of the exchanges, you buy or sell through brokers who are members.  They sometimes have their own pool of trades and can get you traffic out of hours, but there are distinct limits that you will need to discuss with your broker.
470029
The short answer is "no". \n\nHere's why:\n\nA currency swap is an over-the-counter security that is not standardized. The non-standard contract is basically saying Party A will pay Party B the difference between where currencies end up in the future based on a set dollar amount principal.  Since it is between two parties with no escrow, there is default risk.  No offense, but no one is going to take you on as a counter-party due to your default risk. \n\nCurrency forex contracts tend to be in the millions of dollars.  'Nuff said. \n\nIf you want to neutralize your Krona exposure (which you may not want to do if you are Icelandic and plan on returning there), then the best ways to neutralize your currency exposure is to either sell the krona for another currency (which then opens up another can of worms because now you're long another type of currency) or build a Krona liability.  You can build a krona liability by getting a loan. There is a third way... build your own "swap" by writing your own contract with someone who wants to go short on the Krona in the same amount that you want for the same amount of time period - but the chances of that are miniscule. And then you have to trust them, as well. \n\nThere is a fourth alternative.  You can use futures on index traded currencies that have the highest correlations to the IKR. I know that Norweigian, Swedish and Finnish currencies are loosely correlated with the IKR.  You will hedge away some risk, but still have some risk.  \n\nSorry.  I have no perfect answer for you.
200340
It depends on your broker and what he does with your positions.  This is probably something you should have discussed before creating the account.\n\nI think Hotspot and the CME do it correctly.  I'm not sure about the middleman exchanges.
412402
The FOREX market is mostly for trading, not investing. The risk is the same as in the stock market...by itself, of course, the risk in FOREX is larger because of the leverage, but if you apply money management, and have a positioning strategy that risk can be highly minimized. I cannot give a scale because every person has a different risk aversion.\n\n"The charts" or technical analysis, does take some time to learn, but the charts and the indicators are exactly the same in stocks, so it does not require any special knowledge.\n\nAn individual can easily trade FOREX IF they apply proper money management and size positionig strategies. Because the FOREX is a 24 hour, 6 day a week market, there are plenty of profit taking opportunities.\n\nIf you have any further questions, contact me through my profile.\n\nThanks!
343270
I've done that with what I call 'loose change'.  Sometimes I've got a few dollars sitting around, obviously not going to make a lot of interest and not large enough for something substantial.  If some risky thing has been going down but I still feel it worth holding onto (its kinda fun when you sweat over a $90 stock moving a couple of bucks while a stock selling for less than a dime now goes for a buck or two, and yes, I've had that happen), then making an extra small trade can average down the value of your position.  When the stock starts to tick up for whatever reasons, you now have a lower break-even or profit point.  Again, it is only if you've got a few bucks left not doing anything and at Scottrade for $7 plus a half-point, it doesn't hurt much.  Of course, I also got a couple that are cluttering up my list because it will cost more to sell than they are worth today but that is part of the risk, right?
90705
If I were an excellent options trader why would I place trades for you?  A lot of options are thinly traded and big orders will push the price around.  Same story with penny stocks.  If you want a broker to execute your own trades then optionsexpress.com and interactivebrokers.com are cheap.\n\nYou can read free advice on the Web 24/7 if you go looking for it.
323751
In my opinion the U S dollar is not a safe currency to be in at the moment. There are some realatively safe ways to protect ones self from currency fluctuations but short term anything could happen. \n\nOne possibility is to have some of your assets in oil securities. Oil is relatively currency free as an investment. Another possibility is to invest in a pool of debt securities of various foreign governments. That minimizes the risk associated with one currency.
1386
It can work.  Can strike a futures contract with 100,000 up front.  The problem is...who is going to believe you?  thats why you give collateral...but what will you work with?  and not every company is in the business to do pawning..you see what i mean?  I guess the other company has to be your friend......
205267
Wouldn't it be great to have one broker that does it all? \n\nBut a stock broker doesn't have a license to trade commodities, and vice versa. \n\nAnd wouldn't it be great if you could afford the best in the business, the most advanced technologically, on the cutting edge of online trading? \n\nTerraNova is such a broker. Now you can have your cake and eat it too, and trade anything you wish from one broker, albeit, not from one account. Obviously, the laws cannot be broken. Their subsidiary, or is it parent company, Townsend Electronics, is the one that electronified and digitized the NASDAQ, and I believe they're getting ready to do the American Stock Exchange next.\n\nYou'll be amazed at their trading software. I've been using RealTick for over a year, and still haven't learned how to use all of the features. \n\nIt's all really incredible. I am just a Day Trader in index futures, and have no association with any of these companies, and have nothing to gain by applauding them; they simply deserve the applause, and you should take the opportunity to check them out.
446551
HI !\nYour problem is called spread. Spread is the difference between bid and ask price. Spread price depends on a brokerage company.\nIf you wan to learn more you may want to check out some course so you wont loose more money. \nI suggest forexonlinecourse.com. And help with your trading check out forexonlinesignals.com.
585565
Generally you're allowed to borrow 75-100% of your account value on margin. It's not always 100% since the stocks might go down in value and the broker protects itself, in case you default on the loan and they have to sell your shares.
20191
If you're writing covered calls, then I'm not sure why you would need to "get out" of a covered call trade in a hurry.  Your risk is the same as a person holding the stock outright, and they probably don't watch the market all day.  If you're writing naked calls, that would be a better reason to be watching the market all day in case you need to get out of a trade in case the stock spikes (but then you could also set a stop).  In a market crash, you would be left holding the bag as the stock crashes, but at least you got the premium from the call to compensate for some of your loss.
651191
I just tried to answer this question, typed several paragraphs, then you pulled it. What's the deal?\n\nAnyway, I also sold the EUR this morning, but got stopped out on the spike up at 8:30 prior to the decline. It then declined 50 pips.\n\nIf you had used a trailing 20 pip stop, your trade would have worked out fine.\n\nDon't you move your stop to breakeven when it goes in your favor?\n\nYou did the right thing by executing on the short side, but just didn't manage it when it started running. You have to know that a news release that cements in another rate hike is going to cause volatitility.\n\nThe reasons it went a certain way are unimportant. Just because it doesn't do what you expect is no reason not to trade it. Just follow price and volume, increase your odds, and decrease your risk where and when possible. Sometimes there are no reasons, and you would rarely trade if you had to have a reason every time from some media talking head.\n\nTrade the Mini when volatility increases if you can't afford to lose $1,500.
179120
I don't trade stock options, nor do I have any expertise on the subject, but I enjoy trading prediction options on Cenimar.com. It gives you a little bit of a feel for how an options market works.
596168
Scottrade.com $7 per trade dude..   Optionsexpress is good as well when you get a set of balls... ... You do know it is highly likely u will lose money right...  Some of us do this for a living and still get smoked - so dont give up right away .
57022
Hi - I'm a trader...Highest Return?\n\nStocks won't because they require you to put forward the full amount of capital. Hedge Funds - you have little control over what they invest in - and i doubt they can match any professional trader's returns! \n\nYou're left with futures/forex and options. I don't have experience with futures so I can't comment but forex dealers give you a leverage of 100:1. You only need to put in 1% of capital in your trading. What does that mean?? well percentage wise your returns will be phenonemal. You can achieve the same leveraged affect with options as well as this instrument called CFDs.