Quote:
Originally Posted by johnboy
hi all im new to this new group,
i have been looking into this hedging idea an love it, i know of an interest free broker in europe
heres my plan,would love to know if its possible, its looking good in my head!!
put enough in the two accounts to get 10 100k lots of gbp/jpy(usuing maximum leverage)
go long 10 lots in the interest free account
go short 10 lots in the non interest free account
then no matter where the market goes i will be up the interest on 1 million, and well need to add to the acounts as needed,
the interest on this would over $4000 a month? right???
i have quit my job so have loads of time to look into this!!! would love to hear about anyone elses ideas on this, im on msn email johnboymob@tesco.net |
not that simple, i have two accounts, $50K each, and $20k separatly to fund any one of the accounts that drops $20k, then i withdraw $20k from the one thats up, this way its much quicker, also i only hold 10 lots of gpb/chf that pays $18 a day for each lot, thats $180 a day multiply 360 days is $64,000 a year, so thats how i work it, gives me about 50% return, but i dont look at it as return its just good income for me.