Justin Ravago

Date Exchange Rate Buy Sell USD Amount USD Balance

5-Sep 50,000
22-Sep 43.53 $50000 0
23-Sep
24-Sep
25-Sep
26-Sep
27-Sep
28-Sep 43 $90,000 90,000
29-Sep
30-Sep 43.65 $90000 0
Total 0
Rationale: I made a big bet for the dollar, against the peso.
On most I occasions I did not trade because I wouldn't accept a loss in terms money.
I tried to be patient, waiting for days hoping the dollar would increase further.
Foreign Exchange Accounting Sheet
Group No. 3
Peso Amount Peso Balance
2,000,000
2176500 4,176,500
3,870,000 306,500
3,928,500 4,235,000.00
4,235,000.00
On most I occasions I did not trade because I wouldn't accept a loss in terms money.
I tried to be patient, waiting for days hoping the dollar would increase further.
Foreign Exchange Accounting Sheet
Group No. 3