skc
Goldmember
- Joined
- 12 August 2008
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this sounds a bit too James Bondish for me skc, too many unanswered questions.
the system can no longer be used, but you cant detail it? huh?
i'm not suggesting you didnt achieve the results you did, but there is no way for anyone to verify without a viewing of your trade account across the period.
any can start a thread and say "look what can be done, but i'm not going to verify it nor explain the mechanics".
what's the point?
more detail re the now defunct strategy and the trades would give credence and value to the thread.
I am not here to sell a system or promote my blog, nor I am a first time poster sending cryptic messages. You can equally ask the question of What's the Point if this is indeed a "look what can be done, but i'm not going to verify it nor explain the mechanics" thread.
From my point of view, as I said in the original post, the purpose is simply to demonstrate what is achievable when one finds an edge, albeit in the short term.
Unfortunately I am not going to be able to verify the results without giving more details away. As Bobby mentioned, there are MM's active here, and I am still trying to see if a similar strategy can be used in other instruments and markets.
I will let you decide what you care to believe.
Also, and most importantly, if you can prove that MMs manipulate price as you claim, then this is something ASIC needs to know about. How about it skc?
Perhaps manipulate is not the right word - but they do adjust. See this thread here. From memory you trade with IG so you should know! https://www.aussiestockforums.com/forums/showthread.php?t=13734&highlight=cfd&page=2
Also, as repeatedly discussed across multiple threads, MMs are exactly that, they make market all they like and it's up to the trader to accept the price, understand their rules, and profit from it rather than just complaining about it.