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Quote of the Day: "Currencies Dont Move Much. Without Leverage, No One Would Tr


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2015 Jan 17, 5:13pm   1,540 views  1 comment

by Mish   ➕follow (3)   💰tip   ignore  

Quote of the Day: "Currencies Don’t Move Much. Without Leverage, No One Would Trade"
http://globaleconomicanalysis.blogspot.com/2015/01/quote-of-day-currencies-dont-move-that.html
Mish

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1   Peter P   2015 Jan 17, 5:26pm  

This is very true. Leverage is a good thing. Fools part with their money faster.

However, basing a risk management system on historical data *is* a fool's move.

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