Successfully trading currency options by Thomas J. Dorsey
ARTICLE SYNOPSIS ...Successfully trading currency options by Thomas J. Dorsey
Many people equate the options market with gambling in a Las Vegas casino. Many investors do experience losses trading options, but their losses are usually due to both an abuse of leverage and little understanding of the role that the underlying currency plays in the equation. To make money trading currency options, you first must be successful trading the underlying currency. Reversing this order will surely lead to financial disaster.
Comparing currency trading to gambling in Las Vegas is the same as comparing speculation to gambli...