So my portfolio is heavily in US Stocks; some are long holds, and some I’m swing trading. I track the movements of these stocks in TradingView for better accuracy of entry points and where they’re at overall.
The last few days, all these stocks have been performing well. BUT… I look in Freetrade, and they’re all sliding lower and lower. Why? Because the USD has slid from $1.37 down to $1.33. On £5,000, that’s £200 of loss (plus, whatever else Freetrade charge on stuff).
How do you guys hedge against this kind of thing?
Does anyone stick to just UK stocks instead?
Are there better apps for people who prefer US Stocks for investing?