Topic: Newbie question, protect a gain on the USA$
I have slight understanding of options, but I do not want to trade it daily or even weekly. But as a newbie I do have one question that I am looking for an ideas. I have put some money into USA dollars, from Canada in 2011. Since that time the Canadian dollar has fallen 34% against the USA Greenback. I do not want to bring my money back for another 2 years, but I want to protect my 34% gain. What position or trade does anyone think I should take to protect this position? Thanks for your help beforehand
Highly Recommended by MT4talk Forum Admin! Open an account ->>
NOTE: Hacked or other illegal versions of copyrighted forex robots are highly prohibited on MT4talk.com. If you upload any illegal version of any copyrighted forex robot, your forum account will be banned. No exceptions.