Re: FX Trading

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In Reply to: FX Trading posted by Taufiq Alibhai on December 21, 2005 at 02:14:35:

In Addition to the above, I would like to be able to track the value of my FX portfolio in terms of US$ and in terms of Pakistani Rupees (The exchange rate between USD and Rupees would be updated via internet).

: Hello, I have just downloaded the FM7.5 version and I am evaluating the software for possible purchase. Unfortunately I am still a newbie at this and I was wondering if someone help me figure out a way to go about my unique predicament.

: I am an investor based in Pakistan and hence my default Currency would be Pakistani Rupees (which I have assigned the symbol R). Since I am an active trader in the FX market I was wondering how FM would be ableto help me manage my FX portfolio.

: I have opened an FX account with FXCM and hence there is an initial conversion of Rupees to US$ for the initial investment. Then I would be purchasing the foreign currencies in terms of US$. How should I go about setting up this entire portfolio structure.

: I have a main cash account which is in rupees. I have effectively bought the Dollars for the initial investment. Unfortuanltely I am stumped as to how to go about doing this from then on. Please help

Replies:

• Re: FX Trading Mark 10:31:13 12/21/05 (0)