Quote:
Originally Posted by ADL Colin
If I understand you correctly, you go long currencies hitting 20 year lows? That would seem to be far from risk-free.
For example, that rule would have put you long the Russian Ruble vs the US Dollar in 1995. Three years later you would have lost 70% of your money.
|
Or the dollar against the Brazil real. It is amazing you don't get smoked more often.