I invest from Sweden in the US market. The SEK has fallen by almost 25% against the USD since January. So I am being screwed in both red and green days. So on red days, i cant take advantage of the dips because the SEK goes higher than the USD and on green days I sometimes end up losing because the SEk usually falls. For example, today my stocks were mostly green, but I still lost 2.5%, because the dollar went lower by almost that amount against the SEK (1 usd was 11.2SEk in the morning and now it is 10.9). Really frustrating to get fucked mo matter what.
Anyone on a similar boat? If so, how are you handling it?
Leave a Reply