Question
In this assignment you will trade currencies on a FX trading site and try to increase your investment buying and selling currencies. You will start
In this assignment you will trade currencies on a FX trading site and try to increase your investment buying and selling currencies. You will start with a $ 100,000 and in two days trade currency pairs (a currency pair is USD- Yen; Euro -GB Pounds etc.) by trying to read the market in those currencies. Use this website: www.investopedia.com/fxtrader/.
Requirement:
a) Execute at least a minimum of 5 currency trades but a maximum of 10 trades
b) Must trade at least 3 different currency pairs
c) Record value of the Portfolio at the end of the assignment: $XXXX, Gain (loss)=$$, % Gain (Loss) = y%
For each trade, include:
1) Currency Pair
2) Value
3) Nature of Rationale
4) Did Transaction it work? Why not?
5) Key learning (s):
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