IN SEARCH OF AN HONEST MARKET

“Crypto can be magic!”

Crude oil continues to go south, simply cuz the world is swimming in crude, and

the longs are getting shaken out due to the coronavirus scare in China, and it

potential impact on oil demand in the world economy … crypto today [BTC] putting

in a halfway decent range of approximately $375, and the IVIX was above average

… some really good algorithm short signals in BTC today.

The problem of course isn’t Bitcoin [BTC] as a market … the problem is the cost to

trade it, cuz it’s approximately 10X MORE EXPENSIVE TO TRADE than anything in

FX, including gold & silver … and this is a key reason I’m not touching it until its

20 Day Range MA is over $400 … I’m not handing money to a brokerage house just

to trade something … “c’mon Dudes!, gimme some value”!

Outside of FX CHOICE for their oil CFD’s, which are right there at 3 cents per

barrel net cost to trade, there isn’t anything else available that makes sense

… PRIMEXBT used to have the best conditions, then somebody somewhere got

to them and they changed it, more than likely, out of reasons of pure greed

… “well, fuck that, I’m not paying upwards of 7 cents a barrel to trade oil, when it

used to be around 2.4 cents per barrel … that’s just stupid! … quite frankly,

nobody in the world is interested in offering a really good crude oil CFD, and

while the FX CHOICE OIL CFD I give a grade of “C+”, the rest are pure shit and

total ripoffs.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas