And I use Metatrader 5 (with a free demo acc) to have acces to more sophisticated analysis tools, such as stochastic for discovering the sinus wave ///
And ofcourse, I watch the updates on developments , especially concerning the euro crisis. Yes a small fee is taken, this is way it really should be done with bigger ammounts of money. By the way, some ppl from the botting community I was talking about in the other thread started to develop a trading bot, this bot would place buy/sell orders every minute, it could predict ahead 1 minute with an accuracy of 68%, it used rapidminer, an open source data mining program for data analysis with the use of neural networks, google neural marketing for more info.
I do think however, this is a very very depraved way of money making, its money making out of nothing, this stuff ruined the world.
Allot of tradingbots are active these days (ALLOT, even/especially big corps) Now they got a stop loss and take profit, so when something happens thats out of the models range, the bot "thinks"; " hey, that wasnt suppose to happen, I need to rebuild the model,somethings off"
Now, thats why you see those weird movements once in a while, where suddenly the value crashes with 90 degrees to the ground, its stop loss triggering stop loss triggering stop loss (never ending loop)
by the way, I also trade Ishares silver/gold, just buy when its low and sell when it high, or buy when some really crappy euro crisis news JUST came public
Joined: Feb '11
Location: Canada
Age: 39 (M)
Posts: 1660
So, this is a spread betting gig then? You used the word buy, so I just wanted to double check: You're not actually buying any assets with the NDP right, just betting on what you think the trend of that asset will be, right?
Joined: May '08
Location: Sweden
Age: 55 (M)
Posts: 1362
I started out buying swedish bankstocks, but they fell like a stone. I figured, I could just forget about the whole thing.
But then things turned around, and I made a small profit.
I discovered that their fee is smaller, for some reason, if I buy oil, so I have been buying and selling two barrels of oil for a few weeks now, with just a tiny profit every time. (My strategy is to make a profit out of micromovements on the markets, but make a lot of trading), and now I am up a bit over 50 %!
Like 12 $ in cold hard cash.
But I consider it this far as a tryout-period. Maybe I will put in a few 100 $ later and see what happens...
Joined: Feb '11
Location: Canada
Age: 39 (M)
Posts: 1660
That's good to know you can withdraw my winnings, if any. Still wondering if anyone had tried and succeeded.
Also JVD the reason I ask those other questions is: If you're actually buying and selling a real asset your profits come from others, if you're betting on prices than any money you make comes from the site. This is always a good distinction to make.
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
The points you are talking about is it something that has to do with the whole trading stuff, or its just used exclusively as a measure for the bonus playthrough, like poker. Good thing you mentioned that there is a time limit cause i bet some of those who took the offer dont know about it
@ Mober Only with a bonus stuff,but not sure how exactly works.
Bonus Requirements: 1. To withdraw your free bonus you need 60 TPoints (trader points) 2. One bonus per household/IP address. 3. The bonus expires in 3 months.
Joined: Mar '10
Location: Romania
Age: 35 (M)
Posts: 3
Hello.i opened an account today and i have about 15 dollars.i want to know how i can use them because at all produces themin.prize is about 500 dollars.i think it is related with leverage.thank you
Joined: May '08
Location: Sweden
Age: 55 (M)
Posts: 1362
Posted by andreiad: Hello.i opened an account today and i have about 15 dollars.i want to know how i can use them because at all produces themin.prize is about 500 dollars.i think it is related with leverage.thank you
You can buy stuff that is more expensive than the money you got, thanks to the leverage. Just press the buy-button, and the software will tell you how much it costs, and if you can afford it. If not, you can lower the amount of stocks/or whatever. Then you will have to press some sort of OK/buy-button again, and the deal is done.
Joined: Apr '09
Location: Portugal
Age: 44 (M)
Posts: 4827
I still havent paid much attention to it, only went two times, the first to see how was software, and the second to make a little investment in oil, but I don’t go there for a while, I think I haven’t been very good in supervising my online money.
Joined: Feb '11
Location: Canada
Age: 39 (M)
Posts: 1660
Greetings to 79BG and Andreiad, and welcome to BRM. Don't forget to check out the poker offers (if you haven't already) they're likely more lucrative than this offer (speculation, I know).
If it is a spread bet isn't it possible to lose more than your No Deposit Bonus is worth? In which case you end up owing the site money. Is that the case here?
