EU Citizen Participating In SnP When $:€ 1/1

Discussion in 'Risk Management' started by Nobert, Aug 27, 2022.

  1. Nobert

    Nobert

    2 years ago it was great.

    But now you're 20% ,,down", by default, when entering the US market since EURUSD is 1:1

    Thoughts ?

    Edit :

    Combine that with 23% inflation , say in Estonia & you're doing ,,just fine".
     
    Last edited: Aug 27, 2022
    d08 and dealmaker like this.
  2. SunTrader

    SunTrader

    Its the inflation part that is the killer because if S&P instead was up 20% and inflation was still +23% what fun is it to just be flat. Better than down twice as much but the idea is to be ahead, regardless of inflation, not just running in place. Hey they have this thing called going short. Have you heard of it? :)
     
    Nobert likes this.
  3. Nobert

    Nobert

    I have only seen that 70% of my losing trades were shorts so im done with it.
     
    qwerty11 likes this.
  4. USDJPY

    USDJPY

    Trade EUR/USD instead.
     
  5. Nobert

    Nobert

    So be it. Equities it is. Still plenty of choice.
    Just thinking out loud.
     
  6. VicBee

    VicBee

    Yeah, that's why I'm paying my € property loan early because my $ is worth 20% more...
     
  7. qwerty11

    qwerty11

    If you bought (as a European) S&P500 euro denominated (as most Europeans do) you would have done great! ETFs like SXR8...
     
    Nobert likes this.