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Social Clubs / Deranged Monkey Criticism

URL:  http://boards.fool.com/as-an-aside-fcx-spreads-used-to-be-the-best-30689857.aspx

Subject:  Re: Japanese Yen - Naj? Date:  5/17/2013  7:39 PM
Author:  readyteddy Number:  17166 of 20670

As an aside, FCX spreads used to be the best leveraged play going. Mini contracts? Forgetaboutit!

I have been away from this stuff for a while but back in the day, a full contract in, say, the D Mark used to run you a thousand bucks but a DM/SF spread was $200. If you caught that one in the 1970's, you made a pile of money for your $200. Don't know if it's still true, but if you hate a particular currency and you got another one you don't hate so much.....

Just sayin'. Bet the margin deposit on a mimi is close to as much as a spread on the big contracts. More risky when you go naked too.

I could be wrong. Like I said, been away from this stuff a long time.
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