Originally Posted by
;
I've come using a CARRY TRADE strategy of TRY/JPY
where I exchange
EUR/JPY--LONG(100,000unit)
EUR/TRY--SHORT (100,000unit)
exposure===
brief ----------JPY-----16,186,300yen=====140,926.90USD
extended -----------TRY-----173,723Lira=======145,136.85USD
Nil-------------USD-----0===============0
in OANDA, this would require around USD8500 margin,
interest ==USD60 /day
gain==60/20000===0.3%/day
1year gain ==0.3x365===109%
since all JPY pair are extremely volatile...
I am wondering, will my USD20K last me for a year while living all the SWING in the mean time? Available margin left==USD11K
I am considering pumping in about USD2000 to attempt 10% 1st...
any comment or guidance from specialist?
Pls comprise critism (don;t worry, I could take it), I may miss out something which is extremely critical from the view of expert/professionals....
thanks. .