trading tradesports
- Thread starter traderJ
- Start date
yeah, I have an account with them. I trade some basball and an occasional economic number. I never looked at their other finance products, like the Dow and so forth. What I do trade I'm happy with the markets I get. It's better to get part of the vig than just giving the whole thing away.
Isn't there an American law or something prohibiting online gambling? There are times where easy money can be made, ie Easy money betting -- NBA championship. I don't have an account nor will I until online betting becomes legal in the US.
The only gripe I have with Tradesports (which I don't have an account with yet) are the small contract size, the lack of liquidity (I know, I know -- I'm asking too much) and the transaction costs for letting contracts expire. The only thing I'd use it for is fun...I think it would be hard to make serious money with $10 contracts.
I'm sure you guys have read on their website that they are in the process of registering with the CFTC so that US users can trade their "futures" legally...
http://www.tradesports.com/jsp/intrade/content/exchangeNewsFlash.html
http://www.tradesports.com/jsp/intrade/content/exchangeNewsFlash.html
I lost 30 bucks on the Pope, but it's all good, 'cause he's a good one.
it was fascinating to watch the blatant market manipulation by some "elephant" attempting to use the market to sway public opinion on election night. it was THE trade to fade but I didn't have my account open at the time.
it was fascinating to watch the blatant market manipulation by some "elephant" attempting to use the market to sway public opinion on election night. it was THE trade to fade but I didn't have my account open at the time.
