Re: Very low volume on Binexx?
Apples..
I agree, the costs of trading (effectively 2 points on each trade) negate the benefit of the edge. This was my question earlier this morning….Is you edge sufficient to return a net profit over a series of trades.
I’m looking for a far bigger edge than the 3 or 4 points which we’ve been discussing. Call me greedy but I’m looking for 20 or 30 plus! The calculations on that FTSE bet I outlined earlier on must be up above 30 I would have thought. That’s the kind I’m interested in. That way dealing costs and money management, not to mention basic psychology, become far easier. The problem is that those bigger wins will always draw attention from the bookies. Because of that you really need more than just one or two strategies otherwise they can easily work out the system you are playing. The more you vary your game plan the harder it is for them to figure out the individual strategies. One of the larger spreadbetting firms told me that they rely on certain punters to spot potential problems in their system.
I’d love to get my hands on the algorithms which these companies are using. I’ve compared a few prices and generally they seem very much in line. That suggests to me that they are more than likely to be using purely mathematical method to calculate their prices as apposed to a differing price matrix system dependant on what type of day it is.
Steve. |