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any tips about earning the spread ? #434939
12/30/13 15:19
12/30/13 15:19
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firesell Offline OP
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hello I am new to this and I am looking for information about how a bot can earn the spread between bid and ask

thank you in advance

Re: any tips about earning the spread ? [Re: firesell] #434940
12/30/13 15:28
12/30/13 15:28

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acidburn
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Originally Posted By: firesell
hello I am new to this and I am looking for information about how a bot can earn the spread between bid and ask

thank you in advance


I suppose only if it's on the broker (liquidity provider) side? So it buys at the bid price, and sells at the ask price, earning the spread.

The spread is cost to us retail traders and I think there's nothing we can do about it. That's just how things work.

Re: any tips about earning the spread ? [Re: ] #434944
12/30/13 16:52
12/30/13 16:52
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firesell Offline OP
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Originally Posted By: acidburn

I suppose only if it's on the broker (liquidity provider) side? So it buys at the bid price, and sells at the ask price, earning the spread.

yes

Re: any tips about earning the spread ? [Re: firesell] #435365
01/06/14 18:56
01/06/14 18:56
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firesell Offline OP
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so any tips ? grin

Re: any tips about earning the spread ? [Re: firesell] #435367
01/06/14 19:03
01/06/14 19:03

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acidburn
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Originally Posted By: firesell
so any tips ? grin


You establish a new brokerage, and then you're earning the spread of your clients. You don't even need a bot to do that. grin

Re: any tips about earning the spread ? [Re: ] #435396
01/07/14 14:03
01/07/14 14:03
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firesell Offline OP
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can i get a real reply and not trolling ?

Re: any tips about earning the spread ? [Re: firesell] #435411
01/07/14 18:14
01/07/14 18:14

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liftoff
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That is as close an answer that you can. To earn the spread you have to have a brokerage firm where the spread will constitute a fee of a sort for the services you are providing.

Re: any tips about earning the spread ? [Re: ] #435425
01/08/14 03:49
01/08/14 03:49
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firesell Offline OP
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Originally Posted By: liftoff
That is as close an answer that you can. To earn the spread you have to have a brokerage firm where the spread will constitute a fee of a sort for the services you are providing.

i see some bots doing it so i am asking because 100-150 pip spread from bid to ask can be something

Last edited by firesell; 01/08/14 03:49.
Re: any tips about earning the spread ? [Re: firesell] #435428
01/08/14 06:59
01/08/14 06:59

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liftoff
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sounds like spread betting, is that what you mean?

Re: any tips about earning the spread ? [Re: ] #435457
01/08/14 10:03
01/08/14 10:03
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firesell Offline OP
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Originally Posted By: liftoff
sounds like spread betting, is that what you mean?
no just placing bid on front of the best bid and then sell on front of the best ask

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