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Re: Who Else Knows Rollover Interest?
It would depend on your trading style the ps you trade. If you are only a day trader it won't matter too much. Interest isn't spread over the length of time you hold the p (with most brokers) its only applied once a day at a specific time so you can avoid it easily.
For longer term position traders especially who trade GBP/JPY they care a tremendous amount about interest because the differential is large so they can subsidize a losing position wait for the p to come back with out taking as much pain. This p was a great trade because of the differential high oil you could count on it going up get a daily boost the rolls. If you are trading EUR/USD the rollover isn't large enough to really matter unless you are holding the trade for a long time. Its almost never worth trading around rollover periods to avoid the interest because the spread is going to be more than you will gain or lose in rollover.
During certain times a year savvy traders can get an almost guaranteed profit the rolls. It happens when their are holiday periods several days of interest are accessed in one day. So you might have a day with 6 periods of interest in a single day enough to give you back the spread some profit some room to spare. Of course those are rare events.
Trader/God
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