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Old 02-22-2008, 09:14 AM
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Sledge Sledge is offline
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Re: Swap - The Real Deal!

Torero-
Heh, Since I'm not Warren Buffett, I can't afford to hold positions for years to make Swap $ like he does. So to answer: I don't actually like to hold a position that long, but in the cases where it is necessary to hold the position as it did not hit my T/P in the timeframe I hoped, just thought I'd ask why or how they seem to calculate this weird way of giving/taking $ off traders.

As with any trader, I don't make my money off the swap $, I make it off the trade- but I never like anyone taking $ from me that they don't deserve to have

I recently closed 3 bank accounts at a bank I have been with for over 10 years - without hesitation - because they ended up shorting my accounts by $11 with no explination nor ability to justify it.
Sledge

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