Thread: Hedging Strategy guarantee to make money weeks after weeks
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Old 01-09-2006, 17:06   #53
Trevman
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Re: Hedging Strategy guarantee to make money weeks after weeks
Quote:
Originally Posted by fab4x
I talked to IBFX and 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(223.58), SHORT at the BID PRICE of the LONG trade(223.58). 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!
isn't this the same as opening a LONG at 4:59PM EST and then closing it again
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