riskarb's trading journal

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Quote from riskarb:

lol, within 3 of the upper. God, trading these is like BASE jumping on crack. I'd give 10:1 odds we don't hit 1277 tomorrow. Good luck Mo, you look alright.
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Thanks Riskarb. Yes, spot volatility has been "interesting" of late.
 
Is it a simulation with fake money or you can deposit cash and play these positions for real? I could not tell from the site in the 4.8 seconds I took to look it over.... :D
 
I use the site to price common binaries. I hit them for $120,000 some years ago, but haven't been there recently. They do have relatively small position limits I believe -- somewhere on the order of $10,000 or so.
 
Quote from riskarb:

Mo, pardon the intrusion, but what size are you swinging on BOM? Have you had any problems with larger plays?
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Ha! No, excuse my intrusion sir. It is your journal after all.

I'm swinging token amounts < $5k a bet whilst I have my training wheels on. If I can make techniques work at BoM with their ultra-wide markets for 6 months then might scale up with a serious counter-party.

The largest bet (payout) allowed is only $10k inclusive of debit paid so not really for serious cash.

They also make you jump through hoops to increase table limits/account/deposit sizes etc. not to mention bizarre trading restrictions.

It is good fun though!

MoMoney.
 
Quote from momoneythansens:

Ha! No, excuse my intrusion sir. It is your journal after all.

I'm swinging token amounts < $5k a bet whilst I have my training wheels on. If I can make techniques work at BoM with their ultra-wide markets for 6 months then might scale up with a serious counter-party.

The largest bet (payout) allowed is only $10k inclusive of debit paid so not really for serious cash.

They also make you jump through hoops to increase table limits/account/deposit sizes etc. not to mention bizarre trading restrictions.

It is good fun though!

MoMoney.
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You could do some interesting things with those 10 minute or hourly bets into the number for forex. Interesting site. They pay out in dollars through ACH. I have yet to see an outfit like this take American Cash. Interesting this one appears to.


Risk,

Did you have any problems getting your money from BOM?
 
Quote from TGM:

You could do some interesting things with those 10 minute or hourly bets into the number for forex.
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FYI: Be warned they have had a habit of changing terms and conditions over the months, especially on the short term bets, gradually increasing house edge. A bunch has been written on the trade2win forums.

Also www.hedgestreet.com might be of interest.
 
Quote from momoneythansens:

FYI: Be warned they have had a habit of changing terms and conditions over the months, especially on the short term bets, gradually increasing house edge. A bunch has been written on the trade2win forums.

Also www.hedgestreet.com might be of interest.
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thanks will do.

But if you bet 20 to make 40 on a double and the DAx is higher 10 minutes later. I do not see how they can fool with that. If you are no good you are not making money and if you are decent you will skin them. It is simply gambling/speculating. Pricing it out. I do not see how they can skin you on straight bets. But I will read all and thanks.

All these low cost betting shops are interesting.
 
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