There are a few options markets now, any recomendations or comparisons?
Bitcoin options? The only place I know of is bitoption.org, and their volume is really, really low right now.
Topic: Can you daytrade Bitcoins like you daytrade stocks? (Read 1648 times)
Bitcoin options? The only place I know of is bitoption.org, and their volume is really, really low right now.
I put $100 to day trade for fun. I am up to ..... about $100. So no profit. 
It's been fun, tho. These last few days have been dull because of little price movement.
However, I had a trade nullified by the MtGox rollback, so I have no trade fees for the next month. .001 profit here I come!
It's been fun, tho. These last few days have been dull because of little price movement.However, I had a trade nullified by the MtGox rollback, so I have no trade fees for the next month. .001 profit here I come!
There are a few options markets now, any recomendations or comparisons?
NO, Volume is too low. A Majority of tiny players.
No significant size can be moved, thus no significant profits.
-long time trader in many markets.
No significant size can be moved, thus no significant profits.
-long time trader in many markets.
The price seems to have found an upward bounds (~$17).
What's that mean? You want to sell a bunch of $17.25 calls to me cheap?
I do it ... But with the markets not moving very much ... It really makes it hard to overcome the commission .... so far I'm up 6%
You can. But the commissions on the trades make it very hard to 'actively' day trade without a huge margin. If you skip the exchange it'll be easier. But that's more the deal with.
I thought about playing the market a bit with an extra 5k$ I had. But after doing the math. It's not worth my time. And the downward volatility isn't worth the risk. The price seems to have found an upward bounds (~$17).
I thought about playing the market a bit with an extra 5k$ I had. But after doing the math. It's not worth my time. And the downward volatility isn't worth the risk. The price seems to have found an upward bounds (~$17).
It's a completely unregulated market, so you can do whatever you want.
holding no position overnight so that every day is a fresh start?
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