Interesting. I have a small account at IBFX that I was thinking about closing or moving somewhere else but I may give this a shot.
When did you do initiate your positions? Sometime on Wednesday?
Quote:
|
Originally Posted by fab4x
I talked to IBFX they pay triple interest on Weds.
SO what you do is you pick the highest interest pay. GBP/JPY $24.35 for LONG
You place 2 trades together same time : LONG at the ASK PRICE SHORT at the BID PRICE. You close the SHORT trade before 4:59PM EST(no interest deducted). then close the LONG at 5:01PM EST. (interested gained 3X)
You cost /lose is 8 pip spread $4.48 x8= $35.84 (full account) you get interest LONG trade for $24.35x3= $73.05. total $37.21
Buy more lots so your total is more!!!!!
Easy!
|