Understanding different markets is crucial to identify arbitrage opportunities efficiently. Before attempting arbitrage, learn the market hours and rules.
Pro Tip 2/3
Profit Margins
Arbitrage involves small profit margins; transactions must be quick and precise. Successful arbitrage traders capitalize on tiny price gaps.
Pro Tip 3/3
Legality Issues
Check the legal aspects, as some forms of arbitrage may be regulated or restricted. Before arbitraging, he checked if cross-border trading laws would affect him.