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Tuesday, August 8, 2023

CREATING VIX FROM LEVERAGE

 

“Control what you must!!”

Wait, I thought lower Treasury yields means lower Dollar and rallying tech

“Stonks”? … and in this never ending change of script cuz the ChiComs say so,

and set the tone for the day, you pick your market and first make sure you got the

following … 1) LOWEST COST TO TRADE or “Hoover Dam” close to it,

2) excellent execution from LP’s that don’t play the horseshit “variable spread

game” scam on you, and keep things steady and consistent, and 3) give you the

highest leverage available so you can manage your risk profile accordingly

… and it’s this last point I want to concentrate today.


First up, we can exclude Crypto pairs, cuz no matter where you trade, the default

leverage settings are gonna be 10:1 … if the house does offer 50:1 or 100:1

leverage, you’re gonna find out real quick that AUTOMATIC STOPS, which you

can’t change, alter, or delete are gonna be placed very, very close to your position

… and that means for pairs like Bitcoin, there’s a very good probability your stop

is gonna get hit and taken out just on random noise … and you somehow think

that “Whales” and/or “Arbs” don’t know this?


Moving onto everything else, this is where IQCENT is vastly superior to most

everybody else … at IQCENT EURUSD & USDCNH offer marginable leverage of

500:1, with the kicker being that the TOTAL COST TO TRADE BOTH IS AS GOOD

AS IT GETS FOR ANYBODY IN RETAIL … in other words, the “double benefit”

… USDJPY & GBPUSD HAVE MARGINABLE LEVERAGE OF 300:1, AND BOTH

HAVE A VERY LOW TOTAL COST TO TRADE … easily in the top 5% of brokerage

houses, but you may find a house out there that might be a fraction lower … but,

it’s a very high probability they won’t offer 300:1 leverage for margin purposes.


Moving over to “Stock Bellies” [DOW30, SP500, & NDX100], IQCENT offers all 3

with 500:1 leverage for margin purposes … that’s the HIGHEST LEVERAGE I have

seen for “Stock Bellies” anywhere … here, DOW30 is best with an approximate 2

index point spread with no commissions, followed by SP500 at 0.5 index points,

and bringing up the rear is their NDX100 at roughly 1.5 - 1.7 index points … all of

these are spreads during NYSE hours [9:30 AM EST - 4 PM EST].


The point I wish to make, though, is that you can adjust your leverage to give you

the risk you want in the market you’re trading … with a total cost of 0.2 or 0.3

PIPS, EURUSD can be as volatile as anything else by adjusting your leverage

HIGHER, and USDCNH can be toned down by adjusting its leverage LOWER

… everything can be adjusted accordingly, and then it comes down to “execution”

… if you’re a “died-in-the-wool” SP500 trader, trade at SIMPLE FX and get 0.3

index point spread with no commissions, or NDX100 and get 0.7 index point

spread with no commissions … but, there isn’t anything else you can trade

without throwing money away … IQCENT, IMHO, offers the best all around

conditions for what I’m interested in trading, and gives me the most flexibility

for “The Syndicate” … so, find your house, find your market, you got the

algorithm, now execute!


Turning to today’s “Slots-A-Rama” inside the world’s most corrupt casino, dismal

econ data out of the ChiComs set the sour risk tone early on, as exports dropped,

and imports crashed … “unexpectedly of course”! … and it’s the “bigly & yuge”

miss in imports that’s got markets spooked, cuz if they ain’t importing raw

materials they ain’t making anything, meaning nobody is buying … basically,

there are 3 sessions for EURUSD & USDCNH … first is the ChiComs, then after

they close and before New York gets in, there’s a tiny window where Europe

usually doesn’t do a “Hoover Dam” thing, and then there’s the U.S. Wall Street

session … all 3 are different, react differently, and have different dynamics

… lately, the best m1 VIX has come with the NYSE open onward … that doesn’t

mean the ranges are better / worse, it simply means price is moving up/down

faster and better than pre NYSE hours … the exception of course is USDCNH,

which is bananas all the time, and today’s data has set the stage for a nice fat

range of 650 PIPS [so far].


So when I get up and check my screens and data that’s been released for the day,

I wanna trade USDCNH cuz it’s flying … no problemo over at IQCENT for “The

Syndicate”, where we got a 3 PIP spread with no commissions, the very best

anywhere that I’ve seen … Hell, our total cost is LOWER than most houses

commission to trade it! … and for the last several weeks, Coinexx for their part

has been quoting USDCNH with between a 4 and 4.5 PIP spread … which, with a

meaningless commission that might add a tenth or two to the PIP total still ain’t

bad … but that was “then”, this is “now” … today it’s at anywhere from 7 - 10 PIPS

… and I’m hoppin’ mad enough my veins in my neck are frickin’ purple! … and

here we go again with these “bait & switch” assholes, where when I show an

interest in a market to trade for the PAMM, they showboat a bid/offer spread, and

then within days if not hours, they say “fuck that”, here’s the real spread Chumps!

… to say the least, calls to management were “not friendly”!


And I’m really tired of this shit, where it seems the only markets they can’t

FUBAR are EURUSD, GBPUSD, and maybe USDJPY … maybe, cuz they’ve tried

… everything else they’ve scammed to the point that day-to-day, you got no idea

what your cost is gonna be cuz of these assholes level of GREED … and now

add USDCNH, which is as good a market as they come … the FX version of

Bitcoin! … congrats Coinexx, you’ve fucked that up as well!


Today’s range [so far] in USDCNH a nice 650 PIPS, with as many twists and turns

of over 30 - 40 PIPS you’d need a calculator to keep track … a superb market to

trade with the best spread out there, but leave it to the genius’s at Coinexx to fuck

it up and get greedy … as I told ‘em … “why the Hell would I trade it here, when I

can trade it at IQCENT for MORE THAN 50% LESS!? … you offer nothing but a

higher cost with higher slippage cuz your LP’s are frickin’ thieves … and if you

weren’t so blinded by greed to steal an extra few dollars from people, you’d

recognize the opportunity and take advantage of it … but no, you’re too fucking

stupid for that … just cuz you got money to own and operate a brokerage house

doesn’t mean you know what the Hell you’re doing! … and you Assclowns most

obviously don’t”! … it’s a miracle these Morons stay in business.


This really pissed me off … I can overlook 1 PIP or maybe 1.5 PIPS in a volatile

pair … but I ain’t gonna pay up and go “full retard retail spec loco”! … screw that

… I ain’t payin’ 7 - 10 PIPS with a commission … you people are dreaming if you

think traders are gonna pay that … and it took up most of my trading day once

the sun came up in New York, explaining to these Dipshits what is what … and

quite frankly, they don’t give a shit … I’m hoping the spread in USDCNH comes

back in to around 4 and today was a “one off” … if so, I’ll trade it for the PAMM

… EURUSD has its moments, but it’s definitely lacking for too many m1 time

periods where it’s literally stuck in scumbag bank LP mud … and the biggest

problem is that this market still can’t escape “gap pricing” from the LP’s … let’s

see what tomorrow brings to the CNH table.


We’re now into the New York afternoon, and that means the spread in USDCNH

over at IQCENT will start to widen to 4 or maybe even 5 PIPs from 3 … from the

London Fix onto the China open at 9 PM EST, this is the slowest and worst time

of day to trade this pair … natch, now that we’re into the NY mid-afternoon and

things have slowed down on the ChiCom USDCNH front, Coinexx now showing

a 4 - 4.5 PIP spread in USDCNH … we’ll see if it stays there … hopefully it will,

but with these Assholes who knows? 


No trades for the PAMM today … spent almost all of the New York day playing

grabass with Idiots who run a brokerage house … multiple trades in USDCNH

for “The Syndicate” and we’re UP APPROXIMATELY 1.6% … fills were good,

suffered ZERO slippage … just like it’s supposed to be … like I said, USDCNH is

like Bitcoin for FX … when it moves, which it usually does every day without fail,

and today it really moved cuz of Chicom export / import data was “bigly & yuge”

bad news, it’s the best FX pair to trade hands down … onto tomorrow!


…  OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!! 


-vegas





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