Adam Button from Forexlive talks with BNN in an educational segment about the risks around currency exposure, particularly for the Canadian dollar. In the same way that bad stock trades suddenly morph into long-term investments, currency trades can turn into hedges at the worst possible time. There are plenty of opportunities in trading currencies but don’t mix the two. I’m a big fan of having multiple accounts at multiple brokers and one of the reasons is to keep that mental separation from investing, trading and hedging. |
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