http://m.afr.com/p/national/the_gamb...XaVFjmpyYXNu9J
I mean think about it..
To trade at break even is surely much easier than trying to trade at profit.. If I approach a broker and say I have 3 billion of volume to put into the market every day but I want to get compensated 5% for losses otherwise I'm taking my business elsewhere..
Then strike the same deal with another few brokers... Short at one broker long at another.. In and out all day for break even trades , meanwhile raking in rebates on the losing trades at everyone elses expense... The only quest therefore is to beat the spread safely.. Which can be surely be done with a few gimmicks not privy to the normal trader.. derivatives contracts as well
Makes you wonder..
(sorry to make yet another thread, but interesting I feel and well worthy of discussion)
I mean think about it..
To trade at break even is surely much easier than trying to trade at profit.. If I approach a broker and say I have 3 billion of volume to put into the market every day but I want to get compensated 5% for losses otherwise I'm taking my business elsewhere..
Then strike the same deal with another few brokers... Short at one broker long at another.. In and out all day for break even trades , meanwhile raking in rebates on the losing trades at everyone elses expense... The only quest therefore is to beat the spread safely.. Which can be surely be done with a few gimmicks not privy to the normal trader.. derivatives contracts as well
Makes you wonder..
(sorry to make yet another thread, but interesting I feel and well worthy of discussion)
Time hides Nothing