Ok /sci help me out in my understanding of trying to invest in to forex. Yes it should be a biz thread but the math involved is important for me to know if it’s right or not since I doubt a lot.
So let’s say I invest 200,000USD into GBP with a ER of 0.76, meaning that it would be 152,000 GBP which I’ve invested, but let’s say that the value of the pound has increased to 1.6 and my returns are now worth 95,000 USD if I were to cash out. Does it sound right to say that I lost in returns than what I’ve initially invested in or am I looking at this wrong
So let’s say I invest 200,000USD into GBP with a ER of 0.76, meaning that it would be 152,000 GBP which I’ve invested, but let’s say that the value of the pound has increased to 1.6 and my returns are now worth 95,000 USD if I were to cash out. Does it sound right to say that I lost in returns than what I’ve initially invested in or am I looking at this wrong
