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Tuesday, February 19, 2019

SOMETHING HAS CHANGED

“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!!

Have a great day 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”?







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