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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