[1] I have $100K USD (non-leveraged) wasting away in my savings account.
[2] I am very concerned that the USD will continue to fall.
[3] I am a total Forex newbie (never even used a demo acct. before).
[4] I'm looking for a smart, extremely safe strategy to safeguard my bankroll, and I don't/can't babysit it every minute/hour/day like an active Forex trader would.
[5] So I *think* I'm looking for a long-ish term carry trade with low leverage (2x? or 3x?).
Anyone here intimately familiar with safe carry trades?
How would you approach this specific situation?
Where/how should I focus my due diligence?
What's the safest/most trustworthy Forex service provider to work with?
Thank you... Anxious to read your opinions.
[2] I am very concerned that the USD will continue to fall.
[3] I am a total Forex newbie (never even used a demo acct. before).
[4] I'm looking for a smart, extremely safe strategy to safeguard my bankroll, and I don't/can't babysit it every minute/hour/day like an active Forex trader would.
[5] So I *think* I'm looking for a long-ish term carry trade with low leverage (2x? or 3x?).
Anyone here intimately familiar with safe carry trades?
How would you approach this specific situation?
Where/how should I focus my due diligence?
What's the safest/most trustworthy Forex service provider to work with?
Thank you... Anxious to read your opinions.