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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Tommaso who wrote (12222)8/19/2000 2:17:08 PM
From: Oblomov  Read Replies (2) of 436258
 
Tommaso, you'll need to go through a futures broker. I would recommend this route rather than trading spot currency. Although I made some Laphroaig money trading the Dollar/Yen both ways in '98, it was a stressful experience knowing that one swift move against me could put me into insolvency. Also, the futures market, unlike the spot market, is regulated. So there is at least an arbitration process in the case of a trading dispute. Obviously, you can lose your entire investment with currency options, but that's all you can lose.
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