Question about rollover carry trade
itriad:
Hello,
i have an idea but im confused,
Let say the rollover rate for EURUSD is 0.5 pip per day (0.00005) for SHORT position
My account balance is in EUR and i have 100000€
if i open a short trade for 1 lot (100000€) @ 1.1550 (or any other price) i will never get liquidated and i will earn 0.5 pips per day almost without risk ?
"SHORT EURUSD with the same amount of account balance in EURO is riskfree???"
please tell me if i am correct (newbie trader)
Of course it is not risk free. If EURUSD price goes up you could lose XX$
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Hello,
i have an idea but im confused,
Let say the rollover rate for EURUSD is 0.5 pip per day (0.00005) for SHORT position
My account balance is in EUR and i have 100000€
if i open a short trade for 1 lot (100000€) @ 1.1550 (or any other price) i will never get liquidated and i will earn 0.5 pips per day almost without risk ?
"SHORT EURUSD with the same amount of account balance in EURO is riskfree???"
please tell me if i am correct (newbie trader)