Recent content by momoney

Limits on size in Binary Markets IG and BB will automatically take orders up to £30 beyond that they need to approve manually I used to do good size with them up to £200, at the very beginning but now i get rejections when i try £100 when i call them they say they'll do 50 and i can do another...

Remember people are quick to judge, get your product knowledge up to speed before asking too many questions on the trading floor i've seen many a junior permanently relegated to the back/middle office for asking questions they really should have investigated on their own time!!!

if you go onto www.liffe.com there is a link to optioneasy it lets you for a given strategy do simulations, and plots results and pnl it lets you customize horizon also

I'd say as usual no definite rules, but this works for me quiet days look at the evening session, looking out for movement by 10 am next day on days with big data points start at noon and expect to have to concentrate till 6ish sold straddles overnight on eurusd at 11875 legged out of it...

Guys I'm confused by your replies.... Spread betting is seen by the authorities as gambling, are you guys saying there is no tax here??

We should remind everyone that the income tax is replaced by a gambling tax which is actually a higher bracket for most people!! An investment bank has a bid-offer of 1 cent on an interest rate future Through a 'SB' service the bid offer can be up to 8 cents on that same product Competition is...

Folks, selling of dailly options is tricky business. An 'at the money' straddle will win you 60 points of premium roughly on the dow. Adjusting the hedges will prove too expensive. Selling protection on the index wont give you more then 10 points of premium(say 60 points away). Very little...

Never give any hint of what direction you wish to go in, you're asking to get ripped off. Remember the incentive process for the person on the phone, is to win sales credit (commision) :eek:

Just trying to flesh out your idea.... what will make your trading arcade different from the others? What research have you done so far?

Their pricing was poor initially, i.e. their vol estmates were useless. They soon figured that one out! They force you to brake up larger orders, anything in size will get rejected and you'll have to call in (price will have moved, of this you can be sure)

Check the latency of your internet connection. I'm sure your're aware they will never let you take a price that goes in your favour! Of course it will accept stale price that goes against you. also their code is not so memory efficient, the more instruments you have in 'watch' the worse it gets

I've noticed they're not consistent with opening times on the hourly binaries more so than others. I suspect their process is very manual, as they often need to be made aware that prices are not active. That said, at least they give us the opportunity to participate in the digital options...

Economic Calendar As an entry point Yahoo offers an economic calendar, they do better on US data obviously!