Hi guys, nice to meet you all and very nice to be in the world of Forex. I hate to have to ask stuff and annoy the pros but i can't get the hang of realistically calculating what profit i would make if i hold my positions over night.
My question is - If i sell(short) 1 lot(1000) EUR/RUB (hence buying RUB) and hold it over a day...
How much profit would i get from the tax in EUR?
the swap rates are
EUR/RUB long short
Euro/Russian rouble -174.07 41.19
Also what happens since short is positive and long is negative?
Does that mean that every time i hold a short position i would be making money from the swap tax?
What happens if they were both negative?
I hope someone can show me how to calculate this, because i don't even know if the outcome is pips or real money and how to find out the real money tax. Thanks!
My question is - If i sell(short) 1 lot(1000) EUR/RUB (hence buying RUB) and hold it over a day...
How much profit would i get from the tax in EUR?
the swap rates are
EUR/RUB long short
Euro/Russian rouble -174.07 41.19
Also what happens since short is positive and long is negative?
Does that mean that every time i hold a short position i would be making money from the swap tax?
What happens if they were both negative?
I hope someone can show me how to calculate this, because i don't even know if the outcome is pips or real money and how to find out the real money tax. Thanks!
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