“I see it, and I don’t like it!”
And what I’m seeing, besides NADEX Call spreads not losing premium, is
market conditions at NADEX deteriorating faster than an ice cube on a
sidewalk … today I’m looking at gold & oil, and the bid/offer spreads have
ballooned, the call spreads are too wide for the market thus giving no
protection whatsoever, and when the market moves the call spread loses
premium … if you’re lucky you breakeven, if not you lose Skippy … what
the hell is that?
What’s the point of trading NADEX gold if the effing spread is 50 cents?
… where’s the 1 cent spread in crude I got used to a few months ago, cuz now
it’s at 3 cents and sometimes higher? … add in RT commissions, and unless
volatility is off the effing charts [like today in GBPJPY], you’re gonna lose
money, even if you’re right … as I said, something’s changed and I don’t
like it.
Granted, it’s nice to see GBPJPY finally do something except melt, but even if
you caught part of today, the last 3 weeks to a month has been a disaster in
terms of volatility … ditto for EURJPY … and don’t even get me started on
the stock indices or the binaries that move before the market moves due to
latency issues between the market makers and specs trading platforms … it’s
a recipe for getting screwed at the moment, cuz it’s literally impossible to have
any market momentum indicators for the turn that go faster than the speed of
light … and the market makers bid/offer spreads change 1 - 3 seconds before
you see the move on your screen … this mi amigos is bullshit, and why I’m not
looking at the binaries … simply put, it’s rigged against us “bigly & yuge”.
Add it all up, and I’m not a happy camper at the moment with NADEX
… even now as I write, 40 - 50 cent spreads in gold, and add in commission
and you’re paying 50 cents to trade something, with no upside or downside
protection cuz the idiots that run gold have 50 & 100 dollar call spreads, and
tell me how this benefits anybody? … and it’s been like this for weeks! Ughhh!
Something has to change here cuz this is bullshit … onto tomorrow … until
then mi amigos … Onward & Upward!!
-vegas
WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES
IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX,
& STOCK INDICES! … “what on earth are you waiting for”?
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