Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
razorboy
rank: 500+ posts
rank: 500+ posts
Posts: 627
Joined: Tue Oct 21, 2008 2:06 am
Reputation: 0
Location: Toronto
Gender: None specified
Contact:

Nadex

Postby razorboy » Sat Jul 11, 2009 8:59 pm

just looked at the website.......

how financially secure do you think these guys are...........I am assuming they are on the opposite side of your trade..........
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
razorboy
rank: 500+ posts
rank: 500+ posts
Posts: 627
Joined: Tue Oct 21, 2008 2:06 am
Reputation: 0
Location: Toronto
Gender: None specified
Contact:

Postby razorboy » Sat Jul 11, 2009 9:06 pm

having spent some time in the factoring business - lending is not as easy as it seems



MightyOne wrote:When I first started trading Futures I noticed that I was right about direction the vast majority of the time which is why I started hedging with options and then just trading options.

There are several advantages to trading options:

Limited & known risk combined with staying power it the largest advantage.

I made 98% of my money repeating the following over and over:

1. Buy a call option on the longer term direction

2. Liquidate option at a fat profit and go long the outright

3. Use the profit gained as a stop loss.

What started off as a limited risk feeler bet for $1,400 per option turned into over $30,000 per contract.

I believe that similar strategies can be created using a combination of BOM or Nadex and MbTrading.

If you want to trade risk free then open an account at www.lendingclub.com and become a lender.

If you loan $10,000 then you will receive ~ $900 a year payed MONTHLY along side principal.

Take the "free" money and place feeler bets on BOM

Use the profit from the feeler to fund a longer term trade.

At the end of the year take the profit and lend more money to create a money snowball effect.
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: Nadex

Postby MightyOne » Sat Jul 11, 2009 10:24 pm

razorboy wrote:just looked at the website.......

how financially secure do you think these guys are...........I am assuming they are on the opposite side of your trade..........


I assume that you are talking about BetOnMarkets in which case they are on the other side of your bet.
BOM accepts bets up to $50,000 compared to EzTrader's $1,500 and AnyOption's $3,000.

It seems that they are not widely trusted as the person with the largest 10 day profit only has $144,000 in his account.

If they are paying the guy making $10,000 a week(?) then I am sure that you have little to worry about if you open an account for under $10,000.

Just ask for checks and ask for checks often ;)

Nadex matches customer orders and is regulated by the CFTC so that is where I would place a significant number of dollars.

Lending:

I currently have loans through PROSPER, but they are in a quiet period at the moment.
So long as you are diversified over 50, 100, 200+ borrowers I do not see a problem.
I think that person to person lending is great...

User avatar
Patch
rank: 500+ posts
rank: 500+ posts
Posts: 941
Joined: Sat Jan 06, 2007 6:13 pm
Reputation: 0
Location: Virginia
Real name: Jeff
Gender: Male
Contact:

Postby Patch » Sun Jul 12, 2009 3:40 am

Hi dragon33

I've begun Never Lose Again thread, page 001 and seea post from you back on 9/18/2008. This means you came over from Baby Pips. I just downloaded the two zip files from Shane, and am thankful and wonder when will I ever read this thread and BabyPips. When people shut down open and free discussion of ideas, freedom and the human spirit lose.

I've got a long way to go to catch up. I attended the first Pirate Convention in Tucson, then ended up eventually falling away for personal reasons. Now I am thrilled to be back with my matey pirates pillariging the US banks, the definitely need to be pillared big time. jb
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

teoman
rank: 50+ posts
rank: 50+ posts
Posts: 88
Joined: Tue May 05, 2009 4:11 pm
Reputation: 0
Gender: Male

Postby teoman » Sun Jul 12, 2009 9:27 am

Relative Strength Basket Trading System




http://www.forexfactory.com/showthread.php?t=123284

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

teoman
rank: 50+ posts
rank: 50+ posts
Posts: 88
Joined: Tue May 05, 2009 4:11 pm
Reputation: 0
Gender: Male

Postby teoman » Sun Jul 12, 2009 12:17 pm


pierre23
rank: 150+ posts
rank: 150+ posts
Posts: 313
Joined: Thu Oct 09, 2008 3:17 am
Reputation: 0
Gender: Male

Postby pierre23 » Mon Jul 13, 2009 12:06 am

teoman wrote:Relative Strength Basket Trading System




http://www.forexfactory.com/showthread.php?t=123284


Hi teoman, I was looking at this exact thread late last week, and was planning to look into/test it throughout this week. Have you any personal comments on it, have you used this before?

pierre23
rank: 150+ posts
rank: 150+ posts
Posts: 313
Joined: Thu Oct 09, 2008 3:17 am
Reputation: 0
Gender: Male

Postby pierre23 » Mon Jul 13, 2009 1:22 am

Find which way the market is moving and trade with it..

Had some drawdown on the first trade, which was my "testing the water" trade (10 lots) so it was ok to hold it out. tp both positions at green line +8.2%. After it broke the line went short at 129.70 for a quick +1.8%

Maybe some consolidation then a continuation upward? We'll see.

Image

User avatar
monolisa
rank: 150+ posts
rank: 150+ posts
Posts: 351
Joined: Fri Jun 12, 2009 11:38 am
Reputation: 0
Location: All Quiet on the Western Front
Gender: None specified

Postby monolisa » Mon Jul 13, 2009 2:11 am

Good trade, pierre23.

Looks like GBPJPY just went thru a channel of no resistance (or stops) - 40 pips. More to come??

Lis
Attachments
gbpjpym5a.gif
gbpjpym5a.gif (34.32 KiB) Viewed 1390 times
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

pierre23
rank: 150+ posts
rank: 150+ posts
Posts: 313
Joined: Thu Oct 09, 2008 3:17 am
Reputation: 0
Gender: Male

Postby pierre23 » Mon Jul 13, 2009 2:13 am

Will hold this short.

Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”