Hmmm. Is there reasonable interest on a pair with a much smaller spread...like USD/JPY?
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Originally Posted by mmont
fab4x
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!
WRONG.
First your spread cost is 8 x 2 = 16 x $8.50 +/- = $136.00 .
Then if you can't offset your 2 positions 2 min apart at the same price, which is no lock, you get busted for more or of course you could also make some bucks.
But since this is all about a "no risk" play,that's not a chance you'd want to take.
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