no, you can trade for severl months and even years holding to one position. im saying choose a better tool the CFD’s as CFD are structured product which are credited product (you get a credit/loan/morgage from your broker) and the interest rate (roll over) is very high. Choosing other structured products (id like to help you find someright nowbut i got no english source of structured products like options and futures) will save you a lot of “interest rates”.
if trading on a daily basis or few weeks then the “interest rates’” for these “CFD credits/loans” dont matter too much, but trading on a very long scale then CFD’s are not your product as simply:
a daytrader looks for minimal fluctuations to earn money, no interest rate of trades closed before night.
swing traders look for fluctuations of few days maximum few weeks. interest rates calculated over this time period sum up to 2-10% of unleveraged (margin used) value.
long term trader look for a fluction of 10% the entire year at a good year, leverage that up to lets say 10:1 its (simply spoken) 100%, so if your paying interest rate of 50% for your CFDs which you are holding, then half of your profit is gone. on the other side on a futures option which leverage you in the same amount you pay a yearly interest rate of 2-3%.
so big difference.