Disliked{quote} That isn't quite how trading works. You can hold buy and sell transactions open for the same currency pair. These transactions will stay open until they are closed. Once you open a transaction it must be closed and not just offset with a transaction in the opposite direction. While holding the opposing transactions your margin and equity are not significantly impacted. While holding the open transactions if the market moves such that one of the transactions becomes more profitable and you close the profitable transaction followed by waiting...Ignored
Why would you EVER hold two opposite positioons to pay double the spread and a higher margin ?? You have zero market exposure but you still decide to pay the spread and spend margin. Why?
Let me tell you why. Because most traders are emotionally not willing to close (accept) a losing trade. And brokers know that. So, they offer this kind of trading accounts because it makes them extra free money through spread/commissions.
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