I have a quick question and I know this seems like a dimwit question but am just wondering.
My broker is showing tonight's 5pm est carry trade on the pair today at $12 per 1%+int mini lot. (Which is the leverage I trade)
If the spread on the pair is 9 pips and the pip value is $.85
The $12 carry will pay me the equivilant of 14.11 pips
Useing round numebrs as an example.
If at 4:59.58 I bought 1 lot of GBP at 223.00 / 223.09 and instantly set my stop at 222.95.
Wouldnt this guruntee a FREE trade.
My broker is showing tonight's 5pm est carry trade on the pair today at $12 per 1%+int mini lot. (Which is the leverage I trade)
If the spread on the pair is 9 pips and the pip value is $.85
The $12 carry will pay me the equivilant of 14.11 pips
Useing round numebrs as an example.
If at 4:59.58 I bought 1 lot of GBP at 223.00 / 223.09 and instantly set my stop at 222.95.
Wouldnt this guruntee a FREE trade.
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