“Fuck you, no I don’t!”
Well it appears PRIMEXBT has decided to “throw the towel in” on crude oil as a
legitimate & tradeable CFD … today sees their crude oil bid/offer spreads go
north to 7 cents, and when you add in commissions, it puts the “net cost to
trade” at about 8 ½ cents per barrel … who the fuck is gonna trade that?
I mixed it up with ‘em today, voiced my displeasure & told ‘em what’s what
… they shrugged their shoulders and said, “it is what it is”, and so I can no
longer recommend PRIMEXBT FOR CRUDE OIL TRADING … over the last few
weeks and the start of the Holidays back in mid December, FX CHOICE has
stayed rock solid at a 3 cent spread, with none of the bullshit that has taken
place at PRIMEXBT … well, it’s simple really … “if they don’t value the business
and don’t give a shit, then fuck ‘em! … nobody needs this shit”!
I hoped I could trade crude oil for their new PAMM, which they still say should be
sometime in Q1 2020, but it’s increasingly looking like that PAMM will only be able
to do Cable, along with some gold & silver at times, and crypto when it gets
active … oil is a complete bust, and once again, it looks like the 3 cent bid/offer
area is the best we can hope for right now, only I can’t trust PRIMEXBT to give it
to us … it is what it is, nothing we can do about it … it’s sad, but whaddaya
gonna do?
Meanwhile, crypto inches higher into 2020, but no really good range for what it
costs to trade Bitcoin [BTC], or any of the others … and until crypto heats up,
the FX space is the only thing they are excellent at … about 30 pairs including
gold & silver, take your pick … until tomorrow mi amigos
… Onward & Upward!!
Have a great day everybody!
-vegas
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