As most will testify that Forex Trading though being highly lucrative is fraught with risk. The chances that your personal account will go to zero are far more likely than your account getting double digit percentage gains.
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That is true, and I am not here to tell you anything to the contrary. However, what I do want to highlight is the fact that most traders with deep pockets and who trade with the TREND more often than not wind up on the winning side. Why is that? The answer is simple. They have DEEP POCKETS and their equity has the capacity to withstand negative market moves.
Even in a Bull market there are times when the Bears will be on top and vice versa. The ability to withstand this negative ride is really the name of the game. I personally do not see either the USD, AUD, CAD, EUR, GBP, YEN, going in any one direction PERPETUALLY!
With this in mind, I am toying with the idea to put in place a crowdfunding campaign urging like minded individuals to pool our resources and open a trading account with a decent startup equity, for e.g. USD 50K. with this kind of equity, it would be easy to trade 2 or 3 standard lots in line with the trend on the daily charts.
The trade setups would be initiated with predetermined rules and using hedging and always in the direction of the prevalent trend. For example, you could buy a long position in EUR/USD and a short position in USD/CHF. In this case, it wouldn't be exact, but you would be hedging your USD exposure.
The purpose of this post is to determine if there is an interest amongst people out there who are or would be interested in such a concept.
If the idea resonates with you please feel free to drop me a line and we can discuss it further and see if we can make this idea come to fruition. Thank you for your time!