Oneoff,
OK... the contingency plan is:
1. Don't trade a US futures broker account. Clearly when we read through the MF Global warnings on papers... that had specific warnings about transactional and transborder legal exemptions... I read this past summer... anyone could see sticking with a Canadian Brokerage for futures/options trades was the only rational option.
2. Risk Manage with stable and reputable companies... that themselves are risk adverse and careful.
3. Banks and Grain Marketers that are backed by governments/agents properly within protections offered... within our own province... will be the least risky and most secure.
The only gaurenttee in life is death and taxes... Be frugal, careful, and if a deal sounds to good to be true... IT MOST LIKELY IS!!!
Happy New Year... and may all your risk management decisions... lower risk...NOT INCREASE RISK!
OK... the contingency plan is:
1. Don't trade a US futures broker account. Clearly when we read through the MF Global warnings on papers... that had specific warnings about transactional and transborder legal exemptions... I read this past summer... anyone could see sticking with a Canadian Brokerage for futures/options trades was the only rational option.
2. Risk Manage with stable and reputable companies... that themselves are risk adverse and careful.
3. Banks and Grain Marketers that are backed by governments/agents properly within protections offered... within our own province... will be the least risky and most secure.
The only gaurenttee in life is death and taxes... Be frugal, careful, and if a deal sounds to good to be true... IT MOST LIKELY IS!!!
Happy New Year... and may all your risk management decisions... lower risk...NOT INCREASE RISK!
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