Can you expect to make 1% of profit per day on average, if you know what you are doing and if you spend reasonable amount of time on it?

Most professionals would be ecstatic with 20% per year on a regular basis.

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Hi , I need to know the procedure for selling an L /C or B / A in the futures market. There are Banker's acceptance futures contracts traded ( BAX ) in Montreal's Canadian Derivative Market.

Also, I need to know why an export would resort to buying or selling a B / A future to hedge the currency exchange rate risk whereas he could simply sell his Accounts Receivable to a bank or buy FOREX derivatives separately?

BAX is completely different from selling a/r or buying forex derivatives. It hedges against changes in interest rates, no payment risk or f/x movements.

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