CRYPTO TICKER

powered by Coinlib

Tuesday, April 30, 2019

MY FRUSTRATION WITH NADEX MOUNTS

“Words can’t even!”

I don’t even know where you start with the assclowns at NADEX … the only 
market worth a “Hoover Dam” is WTI Crude Oil, but even here problems are 
becoming a real pain in the ass … consider, 1) the call spreads are $5 apart, 
and one is $10 apart … great for margins, huh?, 2) last night the con artists 
wanted 5 cents a barrel in the bid/offer spread … add in 1 cent for RT 
commissions, and you’re paying 12 cents for a position … “no, I’m not paying 
these scumbags 12 cents vig for a position”, 3) last night oil opens about 
40 cents away from the floor/ceiling, making the call spreads expensive as hell, 
and 4) this morning’s “new” call spreads aren’t any better.

So, because of this, there’s no way I’m getting into a position, and so when oil 
moves overnight, like it did last night, we’re sitting on the sidelines cuz these 
doofus noodles can’t get their act together and make an honest market in 
anything … hell, they’re worse than Turnkey … at least Turnkey doesn’t want 
12 cents to take a position [I shouldn’t give them ideas].

In other so called action, FX has become a no win coin flip, and the stock 
indices can’t price themselves fairly no matter what … some choice we have 
here isn’t it? We’ll see what it looks like tonight at the open for oil and see if 
the stupidity continues unabated … we may be in these conditions until Asia 
reopens on May 7 from “Golden Week”, but we’ll see.
 
Onto tomorrow mi amigos … I can’t take another minute of this crap without 
hitting something … 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”?



 

No comments:

Post a Comment