rollover question

Hi,

rollover happens when an opened position is still open after day close. what if I open a new position after day close. would the rollover for this new position occur on the next day close?

in other words, can i avoid rollover interest by trading after day close and closing my positions before next day close?

and thank you

check with your broker. diff brokers charge rollover differently. also depends on what product you are trading. even with fx some brokers use 0hrs GMT as the rollover time, others use a 24hr clock that starts from when u enter the trade.

u should have a customer svc line u can call - just ask them.

thanks for the reply. you are right.