IS THIS feasible?

Discussion in 'Trading' started by systematictrader, Jan 14, 2017.

  1. xandman

    xandman

    An arbitrage of fragmented gasoline prices which could take a long time to converge due to barriers to entry. This is how many trading fortunes are made.

    Money, women and power.
     
    #11     Jan 15, 2017
    systematictrader likes this.

  2. thats exactly what i meant, i am simply in need of a second person who would work at it daily in and out with me,,, CTO CFO,,, whatever it is,,, many people i met are dazzled and yes they like it and they got their short term flare but i have yet to have found someone to stick and input the work, i recently moved from CA to Austin specially for this reason to hopefully meet up with more individuals who are dedicated, iam going to keep pushing its just the idea is sooooo involved it needs multiple personnel for sure and vast technological resources.....

    you guys have reminded me of something very important, that is to reduce trading or stop which i could any ways cuz i dont live off of it even though my accounts are sizeable,,, i will push further ,,, any more suggestions, opinions, please keep em coming
     
    #12     Jan 15, 2017
  3. Gallon Card, not gas card, hahahaahahah,,, thanks vanzands,,,, i wont give up untill i achieve the greatest American Dream, in my opinion thats Frobes Magazine, and i work at it daily not just talk about it
     
    #13     Jan 15, 2017

  4. Can you elaborate on this a bit please?
     
    #14     Jan 15, 2017
  5. Or, you could just buy the UGA ETF on the dips and build a position that will profit as gas prices rise.
     
    #15     Jan 15, 2017
  6. xandman

    xandman

    I just re-read your post about not negotiating gas prices. From a trading perspective, that is where your trading "edge" comes from. This enables you to bargain for a larger profit margin. But it is incredibly local and requires complex pricing optimizations on a zone by zone basis. Nonetheless, it is not a critique of the model or industry which I know very little.

    And, there is still that spread with how much the gas costs to you and how much you are offering it to your customers.
     
    #16     Jan 15, 2017
  7. we offer it to customers at current daily prices in their metro area as displayed and updated daily by AAA daily fuel gauge report
     
    #17     Jan 15, 2017
  8. the goal of this is simply to make America (and the world) a better place and improve the average persons life style by enabling them to purchase gasoline in bulk as do the big companies like airlines ups fedex etc
     
    #18     Jan 15, 2017
  9. vanzandt

    vanzandt

    sj.jpg
     
    #19     Jan 15, 2017
    systematictrader and O(1) like this.
  10. #20     Jan 15, 2017