HONESTY … WHERE CAN I GET SOME? … PART II

“Yes, especially when dealing with the lies of a brokerage house!”

Is there anything in the world more crooked and dishonest than bank liquidity providers [LP’s]? … to ask the question is to answer it … and so today, crude oil is a complete joke at Coinexx, cuz with not a “Hoover Dam” thing going on, bid/offer spreads have been blown out to around 7 cents [from 3 yesterday] … and anybody that pays that kind of vig to trade some oil is NUTS!

Of course, the banks protect themselves from the public by hiding behind the brokerage houses … there job is to take shit from the public and shield the bank from criticism, cuz they don’t want to either deal with it or hear of it … therefore, you can expect the usual BS I got yesterday from the likes of houses like Coinexx … 1) we don’t set spreads, and 2) “duh, market conditions, duh” … now STFU and trade.

I’m diligently researching solutions, cuz in today’s paradigm of financial trading, the only … ONLY … honest & free market is oil … all the rest are manipulated by government to one degree or another … oil is the only market that actually trades and has give & take during the day … the rest a complete joke, where it’s either panic up or panic down … rinse, repeat for the benefit of the banks … not so with oil.

But unless you’re willing to trade futures, which an awful lot of people find 1,000 barrels = a 1 lot, to be too rich for their accounts, especially the way oil can move, the CFD markets for the most part are a nightmare. Finding decent bid/offer spreads is tough … enter Coinexx, which brags about it’s 2 - 3 cent spread in oil, “most of the time” … yea, well not lately, and definitely NOT today … to put it mildly, this pisses me off greatly, cuz it robs me of trading a market I really like.

Given anything on the MT4 or MT5 board today, there isn’t a better market to trade than oil … if you can a decent spread that doesn’t rip you off blind … and there’s the kicker, cuz most houses & LP’s are shit when it comes to oil. However, solutions are on the way … I’m working on it.

So, not trading today … thanks Coinexx! … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas