The Traderszone Network

Published in TZ Latest News 8 August, 2017 by The TZ Newswire Staff

Financing: how to sell boxes properly?

Hi guys, first a little bit of explaining.

I’m with IB. I have a margin account. My account’s base currency is EUR, and also virtually all of my money is in EUR. But my main activities involve selling USD denominated options. I don’t have any money in USD other than the result of my PnL. I periodically convert this USD profit to EUR, so at any given point in time there are no more than a few thousand USD in my account, the rest is in EUR.

Everything is fine and working, but there’s this…

read more