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689 - Trading For A Better Life

The Trading Coach Podcast

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What Are the Overnight Charges and How Do I Calculate Them?

The overnight charges are dependent on the interest rates between the two currencies. Both currencies will have a different interest rate. Depending on if it's positive or negative, it'll either be a net pos a net carry or a positive carry. If it's positive carry, that's a net profit to you. And if it's negative carry, then that's a charge to the broker. This is like the silent killer of traders, when they don't understand roll over cost properly. So anyway, something hin for another, something for another at another time. I want to have some real, really good, profitable strategies.

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