Not left of center?
- Dec 5, 2006
- Reaction score
Sooo, back to stocks. Thinking of moving some money into SPY Monday or Tuesday.
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I was thinking to myself that the catch in all this was that they sell your info to fraudsters, but this is pretty good tooWTF is this? In order to participate in the Iowa Electronic Market, I have to mail them a god damn check?
Now I understand why these markets are so inefficient.
No deposit fees, 5% withdrawal fee (which only gets charged a single time, so you can amortize that fee over any number of bets depending on how long you stay in).What are deposit/withdrawal fees?
No deposit fees, 5% withdrawal fee (which only gets charged a single time, so you can amortize that fee over any number of bets depending on how long you stay in).
Only transaction fee is 10% of your profits when you close out a position....but that should already be factored in to determining whether a trade is profitable.
I found a second one that had an opportunity, but I was only able to trade a couple hundred contracts before it went back to even money.
This website calculates negative risk for you--but it only updates every 5 minutes. Technically anything >~1.11 should be profitable after fees, but the ones that are listed at 1.11 aren't worth your time because the returns are miniscule. Better to wait and hope the spread opens up.