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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (25206)11/9/2002 9:14:42 AM
From: Steve Lee  Read Replies (1) | Respond to of 74559
 
I've been using it for nearly 3 years. It's a great system. The spreads on individual stocks can be large at times (20c - 60c) so I only use it for index bets and occasionally oil price.

The spread on NDX futures is 4 pts. That is equivalent to about 10c on QQQ. Not bad considering there is no commission on top, it is tax free, and you can have your stop loss protecting you all night.



To: maceng2 who wrote (25206)11/9/2002 5:21:41 PM
From: Moominoid  Read Replies (1) | Respond to of 74559
 
I'd heard of this betting before but not clear how it works. Clear indication of the economic inefficiency of income taxation...


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