Hello,
I had 2 short positions open on Thursday, on VIX, this week with 0.01 lots each.
Everything went according to plan and when the market re-opened on Friday I reached my targets and got a profit of 105€. The thing is, my broker charged me 91€ (!) for each trade, so from a profit of 105€ I ended up with a loss of 77€…
I searched my broker’s news feed and realized that they announced an increase on the rollover swap for this day in particular, but they did AFTER market close.
I don’t know if this is normal but I find this to be absolutely revolting. Had they warned that the swap would be this huge (BEFORE THE MARKET ACTUALLY CLOSED), I would’ve close my position before it rolled over.
I’m devasted by this as my account is very small (1k) and that profit would’ve mean a lot to me and my account, considering that it was a difficult week.