
166: Consistent Equity Growth using Diversification – Nick Radge
Better System Trader
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How Much Do You Allocate to Australia?
The exchange rate especially can move quite a lot over the course of a year between Australian US. It's definitely something to keep in mind for traders who are trading markets that are not in their home currency, I guess. The simple premise is that when the Aussie dollar rises and you hold US dollar assets, you're going to lose money on that. So that's why you would buy Aussie dollar futures, and that would hedge it for you. And that's the cheapest way to do it as well. Yeah. You can see it's about 50-50 Australia US, but looking to add Canada at the end of the year as well.
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