Trading Rules

This trading application is different so the trader needs to understand exactly how it works.


Generic Rules:
  1. INDICATIVE ‘EXIT TRADE’ OFFER: We offer an Exit Trade function up to five seconds before Expiry. We show an indicative bid to the trader who wants to Exit Trade in order to take their profits or cut their losses.
    Internet latency shows the Exit Trade amount to be at that split second in time.
    The trader who hits the Exit Trade button is sending an instruction through the cloud which will take, maybe 0.2 of a second or longer. The trader could therefore get a lower or higher Exit Trade amount than was expected.
  2. PRICE CHART RENDERING: Price charts take time to render or build in a manner that can be presented on your screen. This means there is a slight delay between the presented graph and price and the actual price.
  3. TARGET CRYPTO PRICE/CURRENT CRYPTO PRICE SPREAD: Over time you will see the target levels move towards the crypto price; the gap between the target and the current price reduces over time. For example, for the HI300 there is always a 25% chance of the price being above the target level at Expiry.

    If you look at the distance between the price (black) and the target level (blue outlining the turquoise shading) you will see that the gap is greater on the left than just prior to the 'Trading Suspended' vertical dashed line on the right. If this gap between the target level and current price was constant throughout the life of the trade cycle then the earlier you place the bet the greater the player's chance of winning the payout. This is because the price has a better chance of reaching the target the more time there is.
    Clearly the jaws of the IO100 are much wider on the left than on the right of the price chart meaning that you, the trader, have the same probability of winning irrespective of how much time there is before the trade cycle finishes. In this instance, if the target level gap was constant then the later the trader leaves it before entering an 'IN' trade then the greater the chance of that trader winning, which is unfair on (sporting) us, the market-maker. The trader has entered an ‘IN’ position but has the same chance of winning if the trader had entered the position at 14.28hrs, about 5 minutes earlier.
  4. COLOUR FORMATTING: On the above IO100 chart the red is the 'no go' area and is where the trade will lose. Further up the HI300 chart shows a blue shading where the trade will win. This colour format is common to all strategies.
    The colour of the lines of the target levels is also relevant. In the IO100 one can see the boundary lines are coloured green. This means it is OK for the price to stray into the red areas and that the position of the price at the 'Expiry Line' is what counts.
    Below, the Double Touch has red lines (not green) to indicate that the price must not even touch one of these lines to avoid the trader being KO'd. A MISS trade and a HIT trade have been put on and when the trade was executed they both had the same probability of winning.