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Sunday, August 26, 2018

SUNDAY UPDATE: IT’S THAT TIME OF YEAR

“Trading doesn’t care who you are, where you come from, or your past!”

I always find the movie, “The Wolf of Wall Street”, hugely entertaining every 
time I watch it; funny at times, sad at other times, misguided, and totally 
reminiscent of my days on the trading floor … brings back a lot of memories 
from those days, but more importantly it focuses my attention on the real 
Jordan Balfort, and the drive the guy had to “make his mark” … granted, his 
premise & purpose was twisted & immoral, but I admire his drive, even with 
all his failings.

Originally, I was hoping to have some news on CoS [Chief of Staff] Milton 
Waddums work on XAUUSD [spot gold] today, but it’s gonna have to wait 
until at least next week or the week after … still a lot of mathematical work to 
do, and it’s not quite there yet, like EURUSD is … not all, but some of the 
avenues for exploration & research that were perfect for EURUSD, don’t have 
the same correlation in spot gold … not a huge surprise, just that it means 
stepping back to square one and going from there. Where this has some 
application, is that we plan on offering spot gold to C2 [Collective 2 platform 
https://trade.collective2.com/ ], after we get EURUSD up & running sometime 
in the first week of September after Labor Day … and while the website 
probably won’t highlight gold [no plans at present, but who knows?], it is part 
of FX and does lightly correlate with EURUSD, and more importantly a lot of 
people are interested in it and would like to trade it on terms that aren’t futures 
contracts [1 lot = 100 OZ.], but in 1 OZ. increments without obnoxious spreads 
and outrageous commissions … Turnkey is about as good as you’re gonna find 
out there, cuz the “net cost” [spread + RT commissions] to trade spot gold in 1 
OZ. increments is right around 12 cents per OZ., depending on the variable 
spread of 6 - 10 cents in bid/offer. And while we’re close … we aren’t there yet.

Pricing for real time C2 signals in EURUSD, delivered via email [too slow 
IMHO], SMS text to iphone or smartphone instantaneously upon order entry 
[best option IMHO], or via the autotrade option at C2 if your willing to pay for 
it, hasn’t been decided as of yet. However, a few things have been set in stone 
already; 1) current PAMM clients, up to the time the C2 signals go active in the 
first week of September, will get the signals for free if they want to use them for 
their own personal trading accounts … at present, according to an exhaustive 
search by Cousin It, which involved extensive live chat sessions & emails, we 
can find no other brokerage houses in the world that offer equal and/or lower 
 “net costs” to trade than what is available to clients at Turnkey in EURUSD 
and/or XAUUSD [spot gold]. Since everybody everywhere uses the same 
scumbag TBTF [i.e. Too Big To Fail] and/or TBTJ [i.e. Too Big To Jail] LP 
banks, slippage at one brokerage house will find at least the same slippage at all 
the others … you can’t escape it, you simply get to choose the brokerage house 
where it happens. 2) Of course, everyone will get a free 1 months trial [30 days] 
for EURUSD if they sign up … C2 only requires name and phone number 
and/or email address if that’s how you want the signal delivered … you don’t 
need to give your bank card info to C2 for the trial … “absolutely nothing to 
lose here to see how good it is … zero, zip, zilch, & nada”! … and of course, C2 
keeps track of all trades and historical record. At the end of the trial period, 
you can subscribe if you choose to. 3) When pricing is determined, I’ll also 
choose a minimum level for PAMM participation, for new clients, to receive the 
signals for free. What’s not gonna happen, is somebody puts $400 [minimum] 
into the PAMM to get the free signals, and then goes and opens a personal 
account anywhere with, just as a hypothetical, $100,000 and trades it utilizing 
the signals, cuz he/she knows the PAMM minimum is far cheaper than the 
subscription. “Yea, I know how the world works”! And everything that is 
applicable for EURUSD will be applicable for gold, and more than likely those 
that want both will get some kind of steep discount, yet to be determined.

Over the next week and into September, I’ll be posting some files over in 
“Download Links” [right hand column] explaining in further detail the C2 
program in EURUSD, and then gold when it’s time.

So while it’s “that time of year”, when everything in financial markets usually 
slows down to a crawl, we’re making headway via the EURUSD algorithm, 
getting to see and evaluate in real time the signals in very tough illiquid 
conditions, making some trades, and fighting the scumbag LP banks for decent 
fills off signals … “I’d say, were there for normal trading when it comes to 
EURUSD”. 

Bring the week on … let’s see what the markets got! Onto tomorrow mi amigos 
… Onward & Upward!! PAMM Spreadsheet will be back soon.

Have a great rest of your weekend everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!







 

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