“What it feels like being manipulated when trading!”
Market makers gotta market make … and that usually means you get ripped
off … ALL exchanges to some degree are criminal organizations, cuz they
allow LP’s & HFT’s to run roughshod, and then get payback under the table.
How do I know this? Simple; when I was on the trading floor, coming back
from every weekend on a Monday, all the brokers & bag men had briefcases
or paper bags they were carrying … Monday was cash settlement day from
the week before, and bag men & others owed money to the Elites that had to
be paid … I used to ask on the elevator going up to the clearing firm, “oh, I
see you brought a P&J for lunch, lemme see”! … and of course, I didn’t get to
see, and when you hit the floor, a helluva lot of paper bags are going back &
forth … you know, cuz these guys just love swapping sandwiches. “You think
somehow, just cuz we got computers, that this has stopped? … rats always find
the frickin’ cheese”!
Today, the cocaine cowboys from past decades are replaced by the suits of
Wall Street … same criminals just different kinds … exchanges aren’t really
exchanges, they’re server farms … the LP’s are staffed with mathematicians,
physicists & programmers … there goal is to get you to think markets are
fair and honest, when everybody knows the opposite … throw in lawyers to
make things as confusing as possible, and if everybody gets their cut, things
run smoothly. Bitch, complain, & don’t make the necessary payments on
time, and now you got a problem.
This is how the financial world runs today … run by criminal outfits that
strive for respectability, but time and time again prove how bad they are
… think about all the flash crashes, all the bank manipulated market scams
over the last 5 - 10 years involving LIBOR, gold & silver, and of course FX,
and outside of junior trading desk wannabe’s, who in management went to
jail? … right, nobody … it’s a prearranged “fall guy” that takes the sword.
Directly below the markets we cover, with the 20 Day Range MA’s, in no
particular order of importance.
click on any chart to enlarge
Also, directly below, the volatile FX charted against NADEX call spreads from
the open.
The one day last week, where we are long the call spreads in GBPJPY, the
market goes “sleepytime”, and it’s a Friday [very rare] that sees action.
“Meh”!
I said on Friday, that starting tomorrow, we’re going to be not only trading
the call spreads but also during the U.S. day. From our experience, the best
way to sidestep risk and news dominated markets that go “sky rocket” to
“Thelma & Louise” at the drop of a hat, is to trade near at the money [ATM]
binaries on proprietary algorithm signals … basically buy in the 40’s and sell
in the upper 50’s - low 60’s, when getting a “buy” signal, or vice versa.
Our preferred markets for this are DOW30 & WTI Crude OIL … most of the
time will be spent on the DOW30, which has been extremely volatile, but
where binary bid/offer spreads are very tight, usually 3 points or less
… remember, these are binaries, and trade between 0 - 100, but unless you are
near an expiration, the potential volatility will keep price over 20 and below
mid 80’s, unless the DOW30 is a literal mile away in price. Secondarily, we’ll
be tracking WTI Crude Oil, and it’s possible we could have both trades on at
the same time.
IMHO, this is the best way to “trade”, cuz it eliminates a helluva lot of price
risk … binaries trade probabilities off being at the strike at expiration, and
have a price as well as a time component, so there is “optionality” to the trade.
Trading has evolved into eliminate risk as your first priority, and then seek
profit, not the other way around. If you want to make more, simply trade
bigger lot volumes … but eliminating account destruction due to
“news events”, however they may come and in what form, has to be your first
priority … if not, you won’t be around long in the current paradigm of
trading … you simply can’t take the hit from spikes from hell.
Also, cuz people have asked for it, we are going to catalogue signals service
recommendations on a monthly basis … this coming week sees the end of
January, so next weekend I’ll have all of the January 2019 trade
recommendations we’ve made, and the net results from those
recommendations … each month on the first Sunday of the month, I’ll post
them on the Sunday blog, and then archive them over in “Download Links”.
I’m also almost finished with the last two tutorials, and those should be ready
to post next week as well … if not, the week after. So, a busy week ahead.
Have a great rest of your weekend everybody!
-vegas
OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY
WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES
IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX,
& STOCK INDICES! … “what on earth are you waiting for”?
