Quote from 2cents:
thats not a claim, just a fact... prob is, you can't live with the idea that some people have figured it out and you haven't... not my problem matey ;-) no incentive in proving anything to u...
Quote from Bitstream:
it's not a prob of figurin' out nothin, this game is old as me granpa''n'many traders where doin' it, now boilers will widen da spread just before or'n'after da close'n'/or refuse to honor u da settlement price...many of me trades with ig [bucketshop] that were let to expire were close at a price far away from da final print to make sure no arbin' [if taken place] was successful...if u wud be able to do that regualry what's stoppin' u from bettin' 1000lots'n'become a multimillionaire in no time...afterall u make it look so easy, innit[?]
and ah, yes don't come here'n'tell me u able to do that intraday regulary, easy money is at da close.
Quote from sccz97:
Most hedge funds have been milking the credit derivatives market over the last few years, why? Because new instruments (at that time) like CDSs were difficult to price as there was no definitive way of determining edfs. Obviously there was a simple arb opportunity right there with mispriced CDSs. IF you can't or don't want to figure out where a potential trade exists there then i say again, get out of the game. You want low risk high yield strategies, think about arbs. I know 2cents does smthing similar to myself
oh and btw if you want to be taken seriously stop trying to sound like a gangsta trader
Quote from Bitstream:
ok sparkbutt, listen carefully, first keep certain comments for u self, i never came to eat to u house'n'i never invite u to dinner at me place either..second i do not trade shitty fx, i wud never deposit me cash in a place where me money are not insured or secure, that is completely idiotic in itself, of course if u acct is of only a few grand that's another matter but still stupid to put 'em at risk, third u can comment bout me as much as u want that doesnt make u better or prove u profitable; fourth ...what u tryin' to do is takin' advantage of diff prices from diff quotes providers, u want to arb 'em, u lookin' at inconsistencies between 'em,...if u doin' somethin' diff i welcome u explanation. u talked 'bout choosin' a boiler just for that reason alone'n' that suggests u make a livin' just by fadin' those prices; if u doin' that, u can say it, like i can say i find it hard to believe for da simple reason those inconsitencies are harder to find since diff boliers got together'n'tried to match they quotes as much as possible.
by da way fadin' da settlement was common practice with cfds'n'spreadbettin' brokers'n'believe me they stamped hard on it.
Quote from sccz97:
oh yeah ... u da big man. Come back in a few years when your balls have dropped.