Justrade gets a mention in miningmx.com article by Marc Ashton
Here is the link:http://www.miningmx.com/news/gold_and_silver/Gold-price-fever-to-continue.htm
Here is the mention: "Rory Mackay of binary options trading firm Justrade.com said that interest in his firm's daily gold contracts had been growing since it started listing the instrument two months ago.
Using binary options, traders can take a daily or weekly view on the gold price at various levels with active trade above the $1,055 and $1,065 levels for Friday close.
"Big picture wise, India is saying it would rather have gold reserves than dollar reserves," said Mackay adding that it meant that this was a slightly different approach to China which had tied much of its wealth to the US dollar.
Asked whether Justrade would be adding contracts with higher strike prices during the week Mackay said: "We'll list keep on listing as the price moves." "
Got some new ideas for trading this week and funnily enough they reflect very closely Rory's comments on picking up girls in my last post. http://blog.justrade.com/steven-slotow/2009/02/living-dangerously#commen...Thanks for the advice by the way, it makes sense:You do some research, find out what is happening in the market and then place your bets!Just like picking up girls...:You eye around for anyone bigger than you, maybe ask her friend if she has a boyfriend (and is straight) and buy her a drink.With that in mind, this week on 702 some finance expert insisted that gold was on the down low because (thanks to the credit crunch) a lot of people were flogging their precious jewelery in the name of some spare cash. Sad as it is, it seems that things have come to this in SA.Besides this, to me, it just doesn't seem like such a good idea to be taking precious heirlooms and jewelery and selling it to pawn shops....unless however it is a wedding ring....in which case: "WELCOME TO THE WORLD OF BACHELORS BUDDY....THE GIRLS ARE IN THE CORNER DRINKING!" read more »
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