OANDA Forex Forum

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#1 March 17, 2012 17:55:00

ktoram
Junior Member
Member #28653
From: FL
Registered: 2012-03-17
Posts: 1
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why are you screwing me in the carry trade

Hi all,

I am short 7000 units of USD/INR and short 3000 units of AUD/USD. The carry trade calculator on fxstreet.com gives me $1.50 per day. But my position on OANDA is paying me less than $0.50 per day.

Why these guys are stealing money from my carry trade?

THX


none

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#2 March 18, 2012 08:20:00

pescador
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Member #13121
Registered: 2007-08-12
Posts: 1043
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why are you screwing me in the carry trade

quote:
Originally posted by catchmeifucan:
Hi all,

I am short 7000 units of USD/INR and short 3000 units of AUD/USD. The carry trade calculator on fxstreet.com gives me $1.50 per day. But my position on OANDA is paying me less than $0.50 per day.

Why these guys are stealing money from my carry trade?

THX

If you want to do carry trade on Oanda, you should make your calculations based on Oanda's interest rates table, not fxstreet calculator.
Needless to say, BEFORE entering those positions, not after.
On the other hand, if you want to use fxstreet interest calculator, you should look for a broker that offers exactly those rates that fxstreet uses.

Otherwise you get caught easily, in spite of your name.

That's easy! .. [Wink]

[ March 18, 2012, 08:22 AM: Message edited by: pescador ]

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#3 March 18, 2012 09:25:00

fuji
Member
Member #11780
Registered: 2007-02-08
Posts: 403
Reputation: +  0  -
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why are you screwing me in the carry trade

quote:
Originally posted by catchmeifucan:
Hi all,

I am short 7000 units of USD/INR and short 3000 units of AUD/USD. The carry trade calculator on fxstreet.com gives me $1.50 per day. But my position on OANDA is paying me less than $0.50 per day.

Why these guys are stealing money from my carry trade?

THX

Another big mouth noob over there, huh?

[ March 18, 2012, 09:25 AM: Message edited by: fuji ]

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