Arbitraging on InTrade

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Sell everything. :-D

Jason Ruspini will probably point the cause of the problem to InTrade&#8217-s transaction cost structure.

4 thoughts on “Arbitraging on InTrade

  1. Jason Ruspini said:

    First of all, if you apply typical commissions to his Iron Condor strategy, at least half of the profits go away, assuming that you could actually have traded at the prices he gives.  Each trade requires 8 executions.  Also, if he did trades last month, he may actually be negative now.  He sells these recommendations for $139/mo so maybe he could be a bit more clear about their real usefulness.

    http://www.condoroptions.com/i…..rformance/

    I won’t even go into the “dutch book” crap he copied from Taleb on Wilmott.  The post has a i-just-learned-this-jargon-last-week smell that i’ve grown all too sensitive too.  “Carry” trades anyone?

  2. Jason Ruspini said:

    First of all, if you apply typical commissions to his Iron Condor strategy, at least half of the profits go away, assuming that you could actually have traded at the prices he gives.  Each trade requires 8 executions.  Also, if he did trades last month, he may actually be negative now.  He sells these recommendations for $139/mo so maybe he could be a bit more clear about their real usefulness.

    http://www.condoroptions.com/i…..rformance/

    I won’t even go into the “dutch book” crap he copied from Taleb on Wilmott.  The post has a i-just-learned-this-jargon-last-week smell that i’ve grown all too sensitive too.  “Carry” trades anyone?

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