Yes, we all know that you are doing small quantities, but keep playing and keep us posted. Especially with losses, they are a lot more entertaining.
I haven't traded them in years, although 0DTE SPX has me taking another look. Only trade Futs and 1 tick more than covers cost.
That's on a 5 minute trade btw..and I'm just testing the waters. What's your biggest trade? I don't recall you posting a photo of your Lambo.
Can you post a pic on Monday of a running bet? The demo showed AAPL at 170 when I was playing with the front end. Shares were at 174.xx at the time. I wouldn’t give them a nickel.
That's right, good memory. Basically because I don't have a lambo. My biggest drawdown is 17k in a day, you can work out my biggest win from there.
What distinguishes digitals from exotics is PD. Their (exo) utility is immense. What makes retail digitals interesting for the dealer is that there is no model needed as it’s a 1/1 proposition struck to the forward. All you need to do is add an edge figure or strike above the mkt on calls and below the mkt on puts at 1/1. The problems with pocketoptions are manifest; obv credit risk, marks, etc. You’re going to escalate a trade based upon their marks basis a 30s expiration? It’s an IQ test. Generally I would steer people away from digitals and into touches, but it seems that deriv has been regulated out of existence. In an OTC bear-RR with KOs you can avoid using bear verticals into skew by requesting a market at zero outlay (put with KO above mkt).
All of the EU and "The current list of (“Restricted Countries”), including Alderney, Belarus, Canada, the Cayman Islands, Guernsey, Hong Kong, Israel, Jersey, Jordan, Malaysia, Malta, Rwanda, Paraguay, Singapore, the United Arab Emirates, United Kingdom, The United States of America, or any country that has been identified by the Financial Action Task Force (FATF) as having strategic deficiencies." One can open an account in the EU but just cfd and multipliers, no exotic.
Ok I found my new niche...touch or no touch options. This is catered to directional traders...you get full profits if your barrier price or "long call" strike gets touched at any time prior to expiry. No time decay, no premium to over come, or spread or fees either.