Thursday, December 21, 2006
FOREX has OPTIONS!
I must say that this one caught me by surprise. I am not a believer in making monstrous gains through the power of seemingly infinitesimal leverage like you can do in the forex market, since the flipside of these gains is large losses. And in the 24 hour forex market, bursts of momentum can come very quickly and without warning. But the nature of the game changes with Options. By setting up options trade, we don't have worry on the movement of the underlying (our max loss is the options premium). We can even sell options premium to hedge against our underlying positions (Covered Calls, Collars). Thus, forex will also be an offering of onlinetrading188. Can't afford to pass up on a good deal to make money! Check out the forex options here.
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