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Profit From Differences and Progressive Trading

Posted by Aegist on May 14th, 2008

Profit From Differences (PFD Trading) and Progressive Trading (PT Trading…Progressive trading trading?) are two new terms created for sports arbitrage trading by a company trying to sell their own arbitrage alert software for sums in the order of €10000.

There has already been a bit of discussion over at Arbforum in a thread about several companies related to the PFD trading operation (read the thread here).

All I want to say here, is that we have received complaints from customers of several companies
who sell arbitrage software at these highly inflated prices (thousands of dollars/euro/pounds up front). The most common complaint is that the arbs are gone before they can place them, or that the profit is small at best, and that there is no way they will ever make back their investment. I have previously written on the dangers of purchasing arbitrage alert software - something which I consider to be a ’service’ which is delivered over time; not a product which you buy once and take home with you - from companies who only offer the option to buy their software upfront without any need for ongoing fees.

See my original article on the Dangers of Large Upfront Payments for Arbitrage Alert Software.

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