OPPORTUNITIES FOR PROFIT ARE UNLIMITED
The crude oil [WTI and/or Brent]
algorithms and associated manuals have been uploaded and are now available in
the “Download Links” section of the website over in the right hand column. There
are 2 parts to the algorithm, components & implementation; make sure you
read both parts as there is important trading information in the components PDF
as well.
“Yes
Butch, the new oil algorithm is ready!”
I’ve been under a lot of pressure
lately, as our chief of security Butch [photo above], has been relentlessly pressuring
me to get the manual and algo code [mq4 files] done. “C’mon –vegas, get your ass in gear, otherwise I’ll be stuck in school another
year having to learn useless PC shit I don’t need … I got expenses … you think
dating is cheap these days? … you seen how expensive babes are these days? …
you remember any of that? … -vegas, you know I love and adore oil right? … OK
man, before I have to smack you some to get your attitude in the right place,
get the frickin’ algo done!”
I want to remind everyone that the crude
oil algorithm just released is our short term “traders” algorithm; i.e. for use
trading between 08:00 – 14:30 to maybe 15:00 New York time.
I’m in the process of developing a
medium term trading algorithm for crude oil because one of the brokerage houses
I recommend for trading oil has NO
CARRYOVER “VIG” THROUGH ROLLOVER. That’s right, a CFD with no Liquidity
Provider “vig”, which in practically every CFD market known to man at the vast
majority of brokerage houses, the rollover “vig” you get charged every day [and
triple on Wednesday] would make a mafia boss blush with envy.
I don’t know when the medium term
algorithm for oil will be ready for release; there are some market related issues
I have to solve first and have been working on the last month. Rest assured,
when it’s close to being ready I’ll let everybody know here on the blog posts.
I’m excited about the “traders” oil
algorithm just released; for the first time I can remember, you not only have a
trading algorithm that works and makes money, you have 2 brokerage houses to
choose from which can match any size account and give you maximum flexibility
in the amount of oil you want to trade. Granted, any CFD by its very nature and
construction, is going to be “off” the primary market in which it mirrors; the
question always are by how much and what [if any] round turn commissions are
there.
With oil finally being recognized [by
the financial world] as an asset class, and not simply a physical commodity to
which CFD’s can be created to “rape & pillage” retail traders, spreads and commissions
[if any] are now at the point where the CFD is basically about 1 penny per bbl.
off the highly traded futures contracts. Given the way this market moves, that
sacrifice of 1 penny is well worth the added flexibility of being able to pick
your volume of oil, rather than being stuck trading 1,000 bbl. [1 lot] futures
contracts. Thanks, but I don’t particularly like the “Square peg, meet round
hole” approach the futures contracts offer to the majority of traders; most
accounts are way too small to trade oil at 1,000 bbl. per contract.
As always, I support what I write. If
you have any questions/comments, I’d love to hear from you; drop me a note at traderzoogold@gmail.com and I’ll get
back to you with a personal response ASAP. Enjoy the algorithm traders!
Have a great weekend everybody!
-vegas
OPEN A DEMO AND/OR LIVE ACCOUNT AT THE LMFX LINK IN
THE “DOWNLOAD LINKS” SECTION OF THE WEBSITE TITLED “OPEN TRADING ACCOUNT – DO
IT NOW!”
OUR LMFX GOLD TRADING PAMM WILL BE READY AS SOON AS
LMFX GETS THROUGH WITH UPGRADES TO ITS PAMM SOFTWARE! WE ARE VERY CLOSE; OPEN
YOUR LIVE TRADING ACCOUNT TODAY, FUND IT, AND BE READY TO PARTICIPATE!
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