If You’re Not Trading This Market, You’re Missing Out

[Trading With Larry Benedict]( If You’re Not Trading This Market, You’re Missing Out By Larry Benedict, editor, Trading With Larry Benedict It was 3 a.m. and the phone rang... My broker had woken me up because the Japanese yen just reached the price level I was targeting. Groggily, I gave him a new higher price and told him to call me once it triggered. And just fifteen minutes later, the phone rang again. This was a common occurrence when I first began trading currencies in the ’80s. Back then, headlines declared that America had lost its financial and technological edge… and that Japan was on the cusp of world supremacy. Some speculated that the yen would soon be the new world reserve currency – much the same way people fear about the Chinese yuan today. Lawmakers complained of unfair trade deals, stolen intellectual property, and other threats due to this Japanese dominance. Yet the collapse was already underway. New tariffs effectively blocked Japanese imports from the U.S. market. And Japan’s central bank attempted to keep the value of the yen low, which caused a stock bubble. When that burst, it sent the country into a “lost decade” recession. Due to all this action, we saw crazy price movement and volatility throughout the ’80s and ’90s. That made this a fascinating space to work in – to the extent that, over my 35-year career, I ended up trading more than $500 billion worth of currencies. But that was the ’80s and ’90s. More recently (the past decade or so), central banks around the world have kept tight control over their country’s currency. That prevented many of the wild swings and big trading opportunities that we saw in the past. But lately, things are feeling more like they did when I first started trading currencies. And that means this market should be on your radar… Recommended Link [April 19th at 8 PM ET The Currencies in Crisis Summit With Market Wizard Larry Benedict]( [image]( One corner of the financial world is delivering record profits – precisely because of all the chaos we’re seeing today. - This unique market has nothing to do with stocks, options, crypto, gold, or bonds - It’s never had a broad market crash in its entire 100-plus-year history - And it’s helping Wall Street make “enormous fortunes” right now, according to Barron’s For the first time, Larry’s revealing how everyday folks can tap into this market too. [Details here.]( -- A Reliable, Lucrative Strategy Many people are unfamiliar with the foreign exchange market… more often abbreviated as “forex” or “FX.” But in fact, this is the largest market in the world. The forex market averaged around $7.5 trillion worth of trades per day in 2022. And there’s one big reason I’ve traded so much currency over my career. FX is one of the [most reliable and lucrative trading strategies]( out there. This is the BarclayHedge Currency Traders Index since its inception... [Image] That’s one of the smoothest, most consistent hedge fund strategies I have ever seen. And if you look at stress points, this strategy did well. In the chart above, you can see how forex weathered the Asian currency collapse in the late ’90s, Soros vs. the Bank of England, the tech bubble collapse of 2000, and even COVID. Given that the recent volatility shows no signs of waning, that’s a valuable trait. Even better, forex returns come from a completely different opportunity set compared to the stock market. Since 1990, this FX hedge fund index had a -0.08 correlation to the S&P 500, with a better risk-return profile. That means [forex trading is a great way to add some diversity]( to your portfolio. It can work even when other things aren’t. And as I mentioned above, there are several reasons this market is more interesting now than it has been in over a decade… To start, the value of the euro relative to the U.S. dollars in our pocket hit a 20-year low last year. We haven’t seen this kind of parity since around 2002. That’s giving us some interesting dynamics to work with. Beyond that, inflation and interest rates have been soaring. That’s led to abrupt changes in monetary policy on a global scale. Currencies are particularly sensitive to macro events like this. And ultimately, when interest rate narratives take hold of the market, FX becomes the place to be. [Viral Trading Secret Exposes: “America’s #1 Retirement Stock”]( Free Trading Resources Have you checked out Larry's free trading resources on his website? It contains a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. How to Get Started The good news is, to trade forex nowadays, your broker no longer has to wake you up in the wee hours of the morning to catch a trade. Many online platforms now exist to help anyone get started in this space. But forex trading isn’t quite like trading from your stock brokerage. There are some significant differences. For one, forex trades 24 hours a day, from Sunday at 5 p.m. ET through Friday at 5 p.m. And many people use leverage to amplify their returns. That’s a powerful tool that requires very careful management to ensure it works for you and not against you. So, I want to lend my experience to anyone interested in learning about forex. That’s why I’m preparing a [special session to educate traders]( on how to get started. It will go live on April 19 at 8 p.m. ET. There, I’ll explain more about why we’ve seen interest in forex growing… and some of the exciting things I see happening in this space. I want to guide you through this opportunity, so please plan to tune in. [You can RSVP with one click right here.]( Regards, Larry Benedict Editor, Trading With Larry Benedict [The Opportunistic Trader]( The Opportunistic Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.opportunistictrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. The Opportunistic Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-208-6550, Mon–Fri, 9am–5pm ET, or email us [here](mailto:feedback@opportunistictrader.com). © 2023 Omnia Research, LLC. All rights reserved. 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