Context-expanding, this morning is! After all the talk about insurance on the stock market(or paper assets in general) presented in Kiyosaki's Retire Young Retire Rich...and the closing chapter on how he changed his perception to finally believe in a world where alot of money can be made with no money and no risk...I was wondering...how come my trading in forex can't be insured?
And that was totally foreign to me. I thought options belonged to the stock market and nowhere else, but I remember my Dad telling me about how insurance companies can underwrite (another key word!) to insure against any fall in the value of a currency for a fixed period of time for a premium.
So insurance for forex does exists! I just had to search on yahoo for "options for trading forex" and here's what I found...so that's a nice introduction for now...and I'm gonna study(hopefully with likeminded traders, possibly Firman and Eusof) such an option(pun intended!) in detail possibly over the next few weeks...
So can money be made with no money and no risk?
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