MoneyTec 2.0 - Online Forex Traders & Brokers Social Networking Community » Trading Talk » Money & Risk Management

[interesting]

he-he, i offer chinese yuan and russian rouble since both countries have the biggest gold reserves and positive trade balances

[SeanB]

Changing all to GBP, slightly late to catch the first wave tho.

[ohioguy]

I keep my currency in American Dollars, as I am an American. I have more confidence in it, than in anything else.

[richson]

Originally Posted by ohioguy

I keep my currency in American Dollars, as I am an American. I have more confidence in it, than in anything else.

do you invest on it or marriage with it?
don't marriage with any currency ,,, when ot come down you have to sell it becouse you lose your money if you save it

[pinalli]

i usually like US dollar to be the major part of my capital but now i started keeping euros aswell. Especially after keeping the current currency market status in mind.

[DarenPowell]

The dollar is losing its value gradualy. Last year nobody expected that we will be trading in 1.3-1.35 range. It will not be a big surprise to see 1.4 withing few months

[ibbu007]

im from dubai, local currency is dirhams and we are pegged to the dollar. So, in effect our currency is USD.

we are trend followers. we make money when the currencies make moves, good moves. its more like long term investing in the trends.

our clients invest with us in dollars & we keep it in dollars.

and fundamentally, US is the biggest economy in the world, followed by the euro zone. so either the 2 is a good idea.

[miskec]

Today its hard to say if there is safe heaven anymore. It used to be yen + dollar, but nowdays anything can happen.

[arfx2]

Although not feasible for your question, I've heared Bill Gates keeps a part of his capital in Silver.

[pinalli]

Originally Posted by miskec

Today its hard to say if there is safe heaven anymore. It used to be yen + dollar, but nowdays anything can happen.

you are right buddy its hard to trust any currency.... but i love USD, i dont invest for longer period therefore it hardly makes any difference for me....

I trade on volatility.