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My incredible plan to become rich Watch

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    • Thread Starter
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    My dog works for a hedge fund, he overheard this amazing strategy for making money.

    Basically the EURO vs US DOLLAR (EURUSD) and POUND VS US DOLLAR (GBPUSD) are sometimes correlated, sometimes not correlated.

    You construct an imaginary portfolio of £1m. You go long both currency pairs for £500,000 each. In the last 5 years this portfolio has had a value between £900k to £1020k. The value varies with the correlation between these two currency pairs. Basically if this correlation breaks down, the value of the portfolio changes.

    The way you make money from this is simple. You monitor the value of this imaginary portfolio and when it gets towards £900k or quite far from £1m, you go long both euro and pound in equal measure. Then you sell when the imaginary portfolio nears £1m again.

    Genius init!
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    What even is this?
    • TSR Support Team
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    ffs, this trolling is so below subpar

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    FFS AG!
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    how about this idea:
    whore yourself out to 1000 fat chicks for 50 bucks a piece
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    (Original post by sleepysnooze)
    how about this idea:
    whore yourself out to 100 fat chicks for 50 bucks a piece
    G.I.G.G.I.T.Y
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    what breed is the dog
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    (Original post by Pinkberry_y)
    G.I.G.G.I.T.Y
    or 50 *really* fat chicks for 1000 bucks*
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    Who else but...
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    (Original post by sleepysnooze)
    or 50 *really* fat chicks for 1000 bucks*
    • Welcome Squad
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    I didn't understand any of that
 
 
 
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