Recent content by Noble007

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    Decentralised Exchanges. Would you use them?

    Yes Bitcoin will struggle to gain wider adoption because of its volatility, but also that it's not profitable. (It requires 12%+ inflation to maintain its increasingly centralised security model.) Bitcoin is only increasing in popularity in countries like Argentina and Venezuela where Bitcoin...
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    Decentralised Exchanges. Would you use them?

    Decentralised exchanges like BitSharesX (BTSX) have already started trading in BitUSD which is a decentralised derivative that maintains the value of USD but in the next two months we will also see BitGold, BitSilver and even BitOil. The advantages of BitAssets are that they are decentralised...
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    Help understanding costs per trade and min trade size

    Hi Ash, Thanks for the reply. What on Capital Spreads is there a 0.7 spread? The minimum I can find is a spread of 2, so you would start off with -£2.
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    Poker Player to Trader but spreads are a B%*$$H!

    Thanks for the reply Dionysus. Using the smallest $ tick and trading a 50 tick move what would you estimate (general ballpark figure) that your costs are as a % of the trade. (mine are currently 8%)
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    Help understanding costs per trade and min trade size

    Could someone give me a ballpark figure for what your overall costs as % of your trade would be if you generally traded 50 pip moves on a main indice through a broker using the minimum tick size. I currently use a spread betting firm and pay £4 per trade at £1 per point so in a 50 pip move my...
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    Poker Player to Trader but spreads are a B%*$$H!

    Hi Masquerade, Sorry if my previous post seemed arrogant or confrontational in some way. On the main topic of the trading... My sample size is so small that I don't want to disclose it! You're also right that it's super unlikely that I have anywhere near a 5% edge which is answers my...
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    Poker Player to Trader but spreads are a B%*$$H!

    Hi Masquerade, you're right it's not as cut and dry as it is in poker. But in poker if you have a large enough sample (about 100 000 hands) you can pretty reliably calculate your average edge vs. your opponents at that stake level. This is in spite of the fact that your decisions in poker are...
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    Poker Player to Trader but spreads are a B%*$$H!

    Thanks for the great advice pboyles! What trading site do you use? Unfortunately for me the all the E mini futures & the bund have a 4 tick spread on the site I use - Capital Spreads, but I still trade the 'New Nasdaq' as it seems to make big enough moves relative to spread. The Eurostoxx does...
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    Poker Player to Trader but spreads are a B%*$$H!

    Thanks for the reply brettus! I made /make a living multi-tabling cash games.
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    Poker Player to Trader but spreads are a B%*$$H!

    Hi there, I'm new to the forums and to spread trading, as the title suggests I've made a living playing online poker for the last 4 years and now I've just started trading but the spreads seem prohibitively high, apologies if this is a newbie question or my way of explaining it is bad...
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