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newstfionline · 4 years ago

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Saturday, January 16, 2021

Hot again: 2020 sets yet another global temperature record (AP) Earth’s rising fever hit or neared record hot temperature levels in 2020, global weather groups reported Thursday. While NASA and a couple of other measurement groups said 2020 passed or essentially tied 2016 as the hottest year on record, more agencies, including the National Oceanic Atmospheric Administration, said last year came in a close second or third. The differences in rankings mostly turned on how scientists accounted for data gaps in the Arctic, which is warming faster than the rest of the globe. All the monitoring agencies agree the six warmest years on record have been the six years since 2015. The 10 warmest have all occurred since 2005. Temperatures the last six or seven years “really hint at an acceleration in the rise of global temperatures,” said Russ Vose, analysis branch chief at NOAA’s National Centers for Environmental Information.

A siege on the U.S. Capitol, a strike against democracy worldwide (Washington Post) As the Trump administration sought to drive Venezuelan autocrat Nicolás Maduro from power, activist Jorge Barragán embraced the effort as the good and moral crusade of the world’s greatest democracy. Then came the siege on the U.S. Capitol. The 22-year-old student activist watched “in shock” from his hometown in western Venezuela last week as a mob inspired by President Trump invaded Congress to attempt to overturn an election loss. Barragán could not pull away from the YouTube images showing the pro-Trump marauders acting very much like Maduro’s colectivos—the extraofficial thugs that keep opponents in check and a dictator in charge. “Our main ally in the fight for democracy has tumbled,” Barragán said. “What does that mean for us?” Four years of Trump had already dimmed the United States’ democratic bona fides. From Egypt to Honduras to Saudi Arabia to North Korea, Trump signaled tolerance for human rights abuses. Analysts now warn of a herculean task ahead for Biden. Global inequality, historic migration and deep polarization have driven satisfaction with democracy to disturbing lows. Biden could be weakened by the millions of Trump voters who still say his victory was illegitimate. Meanwhile, any attempt to preach the rule of law to [other nations] could draw calls to get his own house in order first.

Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn (NYT) President-elect Joseph R. Biden Jr. on Thursday proposed a $1.9 trillion rescue package to combat the economic downturn and the Covid-19 crisis, outlining the type of sweeping aid that Democrats have demanded for months and signaling the shift in the federal government’s pandemic response as Mr. Biden prepares to take office. The package includes more than $400 billion to combat the pandemic directly, including money to accelerate vaccine deployment and to safely reopen most schools within 100 days. Another $350 billion would help state and local governments bridge budget shortfalls, while the plan would also include $1,400 direct payments to individuals, more generous unemployment benefits, federally mandated paid leave for workers and large subsidies for child care costs. It is unclear how easily Mr. Biden can secure enough votes for a plan of such ambition and expense, especially in the Senate.

Mexico declines to prosecute ex-Defense Minister Cienfuegos on drug charges (Washington Post) Three months after Mexico’s former defense minister was arrested in Los Angeles on drug-trafficking charges—a shocking move that would strain U.S.-Mexican relations—the case came to a close on Thursday night, after Mexican authorities decided not to pursue charges against Gen. Salvador Cienfuegos. The U.S. Justice Department had initially billed the case against Cienfuegos as a blockbuster. The retired military leader was arrested on Oct. 15 on arrival at the Los Angeles airport on charges he had helped the H-2 cartel send thousands of kilos of heroin, cocaine and methamphetamines to the United States. But weeks later, after intense pressure from the Mexican government, the Justice Department made the highly unusual decision to drop the charges and send him home for investigation. The case illustrated the power of Mexico’s military, which has become the main force fighting the country’s criminal cartels. Under President Andrés Manuel López Obrador, the armed forces have also assumed a variety of other roles—running ports, delivering vaccines during the coronavirus pandemic, and building airports and other infrastructure projects. Many senior military officials were outraged at the detention of Cienfuegos, whom they viewed as an honest leader. They feared the U.S. arrest might lead to future investigations against other members of the armed forces, according to analysts and officials. Stung by the anger among the military and Mexican politicians, López Obrador threatened to limit anti-drug cooperation with Washington.

UK has ‘largest population fall since the Second World War’ (The Independent) Up to 1.3 million immigrants have left the UK—the largest population fall since the Second World War—with coronavirus the likely cause, a study says. In London alone, almost 700,000 foreign-born residents are believed to have moved out, leading to a potential 8 per cent shrinking of the size of the capital, it argues. The study, by the government-funded Economic Statistics Centre of Excellence (ESCoE), draws a clear link with the devastation inflicted by the pandemic on sectors such as hospitality. “It seems that much of the burden of job losses during the pandemic has fallen on non-UK workers and that has manifested itself in return migration, rather than unemployment,” the authors concluded. “It seems that much of the burden of job losses during the pandemic has fallen on non-UK workers and that has manifested itself in return migration, rather than unemployment,” the authors concluded. Brexit is not being pinpointed as a cause of the sharp decline, but could yet have implications for filling jobs when the economic recovery comes.

Dutch government resigns over childcare subsidies scandal (Reuters) Prime Minister Mark Rutte announced the resignation of his government on Friday, accepting responsibility for years of mismanagement of childcare subsidies, which wrongfully drove thousands of families to financial ruin. The resignation follows a parliamentary inquiry last month that found bureaucrats at the tax service had wrongly accused families of fraud. The inquiry report said around 10,000 families had been forced to repay tens of thousands of euros of subsidies, in some cases leading to unemployment, bankruptcies and divorces, in what it called an “unprecedented injustice”. Many of the families were targeted based on their ethnic origin or dual nationalities, the tax office said last year.

Spain rejects virus confinement as most of Europe stays home (AP) While most of Europe kicked off 2021 with earlier curfews or stay-at-home orders, authorities in Spain insist the new coronavirus variant causing havoc elsewhere is not to blame for a sharp resurgence of cases and that the country can avoid a full lockdown even as its hospitals fill up. The government has been fending off drastic home confinement like the one that paralyzed the economy for nearly three months in the spring of 2020, the last time Spain could claim victory over the stubborn rising curve of cases. Unlike Portugal, which is going on a month-long lockdown Friday and doubling fines for those who don’t wear masks, officials in Spain insist it will be enough to take short, highly localized measures that restrict social gatherings without affecting the whole economy.

Merkel’s CDU Gathers to Choose New Leader (Foreign Policy) The next chair of Germany’s Christian Democratic Union (CDU), and possibly the next leader of the country, will be decided over the next two days, as 1,001 party delegates meet virtually to select a successor to Chancellor Angela Merkel as party leader. No matter who wins, they will not only have to live up to German expectations, but the world’s too. For the third year running, Germany topped a Gallup poll where respondents were asked to rate their approval of a country’s leadership. A Pew poll of 14 countries, taken in the summer, showed confidence in Angela Merkel was at all time highs.

U.S. forces in Afghanistan cut to 2,500, lowest level since 2001 (Washington Post) The Pentagon has reduced the number of U.S. troops in Afghanistan to 2,500, according to a statement Friday, completing a previously announced rapid drawdown despite a Congressional prohibition of the move and rising levels of violence in the country. “This drawdown brings U.S. forces in the country to their lowest levels since 2001,” said Acting Defense Secretary Christopher Miller in the statement. Miller also said “the United States is closer than ever to ending nearly two decades of war and welcoming in an Afghan-owned, Afghan-led peace process to achieve a political settlement and a permanent and comprehensive ceasefire.” But violence is increasing in many parts of Afghanistan, and peace talks in Qatar have made little progress since they were launched in September.

N.Korea holds huge military parade as Kim vows nuclear might (AP) North Korea displayed new submarine-launched ballistic missiles under development and other military hardware in a parade that underlined leader Kim Jong Un’s defiant calls to expand the country’s nuclear weapons program. State media said Kim took center stage in Thursday night’s parade celebrating a major ruling party meeting in which he vowed maximum efforts to bolster the nuclear and missile program that threatens Asian rivals and the American homeland to counter what he described as U.S. hostility. During an eight-day Workers’ Party congress that ended Tuesday, Kim also revealed plans to salvage the nation’s economy, hit by U.S.-led sanctions over his nuclear ambitions, pandemic-related border closures and natural disasters that wiped out crops. Kim’s comments are likely intended to pressure the incoming U.S. government of Joe Biden, who has previously called the North Korean leader a “thug” and accused Trump of chasing spectacle rather than meaningful curbs on the North’s nuclear capabilities. Kim has not ruled out talks, but said the fate of bilateral relations depends on whether Washington abandons its hostile policy toward North Korea.

Indonesia quake kills at least 42, injures hundreds (Reuters) A powerful earthquake killed at least 42 people and injured hundreds on Indonesia’s island of Sulawesi on Friday, trapping several under rubble and unleashing dozens of aftershocks as authorities warned of more quakes that could trigger a tsunami. Thousands of frightened residents fled their homes for higher ground when the magnitude 6.2-quake struck 6 km (4 miles) northeast of the town of Majene, at a depth of just 10 km, shortly before 1.30 a.m. The quake and aftershocks damaged more than 300 homes and two hotels, as well as flattening a hospital and the office of a regional governor. The heightened seismic activity set off three landslides, severed electricity supplies, and damaged bridges linking to regional hubs, such as the city of Makassar. Heavy rain was also worsening conditions for those seeking shelter.

Palestinians announce first elections in 15 years, on eve of Biden era (Reuters) Palestinian President Mahmoud Abbas announced parliamentary and presidential elections on Friday, the first in 15 years, in an effort to heal long-standing internal divisions. The move is widely seen as a response to criticism of the democratic legitimacy of Palestinian political institutions, including Abbas’s presidency. It also comes days before the inauguration of U.S. President-elect Joe Biden, with whom the Palestinians want to reset relations after they reached a low under President Donald Trump. According to a decree issued by Abbas’s office, the Palestinian Authority (PA), which has limited self-rule in the Israeli-occupied West Bank, will hold legislative elections on May 22 and a presidential vote on July 31. Hamas, the Islamist militant group which is Abbas’s main domestic rival, welcomed the announcement. But veteran West Bank analyst Hani al-Masri was sceptical that the elections would happen. He cited internal disagreements within Abbas’s Fatah and Hamas, and likely U.S., Israeli and European Union opposition to any Palestinian government including Hamas, which they regard as a terrorist group.

CNN’s correction of the week (Business Insider) After a tumultuous week in the US, most Americans could likely use a little humor. And they got it in the form of an amusing correction from CNN regarding what Democratic Rep. Ted Lieu of California grabbed during the Capitol siege. “CORRECTION: A previous version of this story misstated that Rep. Ted Lieu grabbed a crowbar before leaving his office. He grabbed a ProBar energy bar,” a correction for a CNN story states.

#headlines #news

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millivafxlimited · 2 years ago

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How Much Money Can You Make Trading Forex

Traders can make money trading Forex. Excellent traders can earn between 20 – 50% annually by trading Forex. Earning depends on trading expectancy, position size, and consistency. If an excellent manages $100,000, the maximum allowed drawdown is 5%, he can earn $20,000 annually. Thus, in this article let’s see about how much money can you make trading Forex. There is a false thought among the…

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cryptocoinguides · 3 years ago

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Litecoin Price Prediction $2,740!

Welcome once again to insectology, where we bring legit and precise information to educate you on topics you cannot undertake as a beginner. We collect data, information from accurate sources and give you the best piece of advice if you are a crypto enthusiast. Today in this video we are gonna tell you about Litecoin, which is one of the best altcoins in the crypto market right now.

Over the past several years, public interest in cryptocurrencies has fluctuated dramatically, people have been more active in this field. But with the start of the 2020s, investor interest in cryptos has changed. The main focus of this interest has been Bitcoin, which has long been the dominant name in cryptocurrency not surprising since it was the first digital money to really catch on, and now with time it has gained its status and value and is no time in the mood to get dethroned.

Since the development of Bitcoin in 2009, hundreds of other cryptocurrencies have entered the market in almost 6700. Although it has proven increasingly difficult for digital coins to stand out given the crowded field and last in this tough competition, Litecoin (LTC) is one non-Bitcoin crypto that has managed to stand up to the competition.

LTC currently trails behind Bitcoin as the 6th-largest digital currency by market cap. Litecoin can produce an increased number of coins than Bitcoin and its transaction speed is also faster and more efficient, but these factors are largely psychological boons for the investor and don’t impact the value or usability of the currency so bitcoin still rules. Let’s talk a bit about litcoins history so well Litecoin (LTC) is a so-called digital peer-to-peer currency integrated into open-source software. Technically, the Litecoin project is very similar to the Bitcoin system.

Litecoin production and transmission are based on an open-source encryption protocol. There is no central control. With this in mind, all transactions, balances, and expenses are managed by a peer-to-peer network. Litecoin is created on the basis of a cryptological hash function, which in turn generates blocks. Litecoin was created by a former Google employee, Charlie Lee, in 2011.

The cryptocurrency was created based on the Bitcoin protocol and strategy but differs in terms of the hash algorithm used. Furthermore, it also differs in hard caps, block transaction times, and some other factors. Litecoin was released via an open-source client on October 7, 2011. On October 13, 2011, 5 days later, the Litecoin network went life and was available to the world. The founder, Lee’s goal was to create a light and easier version of Bitcoin with Litecoin. Developers have always stated that you can consider Litecoin to be the silver version of Bitcoin, it still cannot compete with bitcoin though.

Litecoin differs from Bitcoin in the prioritization of the transaction confirmation rate, which is approximately 2.5 minutes per block. However, the reality is that Litecoin users will have to wait up to about 30 minutes for their transaction to be processed due to network congestion. However, we have other currencies that use the even lesser time to make transactions but that is not our topic today. The price prediction for 2021 for litecoin will be marked from the previous year and then for 2021z Litecoin cryptocurrency was up by more than 140% in 2020, despite a recent drawdown that reduced the asset to about $50 per LTC.

The Litecoin price has been through a lot from its launch going up and down. Its price started at about $3 per LTC and has gone through a number of bubble cycles or “alt seasons.” These added to an important rise in the price before a minor correction happened. These price corrections do nothing to counter Litecoin’s strong price trajectory. As for the long-term Litecoin prediction, the outlook suggests that Litecoin’s potential is extremely high, as we can see the prices even now. Eventually, Litecoin closed 2020 at $126.23 which is very high!

So will the price of Litecoin go even more up this year 2021? or not? let’s find out. Litecoin is especially faster at handling payments than Bitcoin and is an excellent, proven complementary alternative. It’s a very cheap, super-safe road for making payments – especially when it comes to micro-transactions, like, for example, when paying for a snack.

Moreover, the Litecoin community is working on the implementation of all kinds of new fintech gadgets that are actually intended for Bitcoin but will be in litecoin too. Litecoin is now working on the implementation of the lightning network protocol and applications for smart contracts and privacy.

Litecoin is certainly light and cheap, but above all in good hands with fantastic ambitions. Litecoin has a bright future as a classic and reliable altcoin. As said before most investors see Bitcoin as gold and Litecoin as silver. Litecoin was developed as an alternative to Bitcoin and developed as a lightweight that solved some shortcomings of Bitcoin, it was made to be a better version of bitcoin.

It is a classic altcoin with more than 6 years of experience and development behind it. In total, only 84 million Litecoin can be mined. Litecoin can be considered a much cheaper and faster alternative. The fact that Litecoin is fast and cheap has advantages, especially since people in third world countries without bank accounts can still get Litecoin cheaply and quickly but what is Litecoins Price Analysis.

Despite the fact that it is not being a bullish period for cryptocurrencies until around October 2020, Litecoin has performed reasonably well compared to its competitors. Charlie Lee is clearly doing really well; he finally introduced confidential transactions to prevent privacy issues and make it much more secure. The acceptance rate of litecoin is also quite high. Very recently, the Litecoin logo was even advertised on the UFC mat during a famous fight and it was an amazing fight to watch.

It was a real eye-catcher and people thought it was a very good advertisement for litecoin. In addition, a new shopping center in Singapore with an ATM that accepts both Bitcoin and Litecoin has been installed to expand the horizons. LTC price prediction is very optimistic in the opinion of experts. Taken from our resources experts expect the Litecoin future to be bright in 2021 due to all integrations and partnerships. Furthermore, the Litecoin community is very active and vigilant, with all the upcoming developments and installations.

They will keep the enthusiasts informed about everything. There is a clear potential that Litecoin will rise further and is certainly a tough competitor for the other cryptos. If Litecoin can break above its current price and hold on in the long run, the forecast of litecoin says it will finally retest its all-time high in 2021.

The maximum height for the Litecoin/US dollar rate is likely to remain below $300 for much of the next year but it can also explode! Taken from sources here is a list Litecoin Price Predictions by Crypto Experts. The cryptocurrency market is very volatile, which means that predicting reliable prices of cryptocurrencies is one of the most difficult things to do because you never know what happens next.

But here are some of our crypto experts who tell us about it. Starting with Trading Beasts. Trading Beasts after their technical analysis predicted that by the end of 2020, LTC might reach around $47 and that it is good for investment in the long run. We now know that LTC closed on December 31st, 2020, at $126.23. That’s quite higher than the predicted value! The next in our line of experts is Wallet Investor. Now Wallet Investor always has been frank and conservative in predicting all cryptocurrencies. They have again come out with conservative Litecoin price predictions, where they stated that LTC might reach $22.95 by the end of last year.

But no one even expected bitcoin to go BOOM but it did anyways. Then we have Long Forecast, According to a published Long Forecast research, the price of Litecoin should have reached $55 by the end of 2020. Their Litecoin projection growth forecast was a bit more optimistic than the previous two, but still, they underestimated how much power Litecoin has. CoinPrice, someone who finally believed in LTC!

CoinPrice predicted that the Litecoin growth might reach as high as $124 by 2020. As we have seen from the previous expert outlets, this was quite an optimistic prediction, but they stood by it and were the most accurate of them all! Nice work on that projected analysis, CoinPrice! To provide a realistic Litecoin future price forecast, technical analysis with the study of the historical data of the LTC/USD rate movements in the long term is done and then the monthly time frame is predicted.

Litecoin, like the rest of the cryptocurrency market, has been developing a bullish trend since March 2020. In recent January, the Litecoin price was testing the level and broke it out upside. In February, the LTC coin consolidated above. According to the LTC/USD analysis, level 146 USD is a strong support zone currently. According to our sources taken, the local high in January 2021 is much higher than the upper band; next, the price bounced off. A similar situation occurred in 2019, during the previous growth wave. This is a typical signal that the coin is overbought.

Over the three weeks, the signal has appeared once again, and Litecoin has already started a corrective price movement, which could continue in the short-term outlook. To present an LTC prediction for the next three months, we shall analyze the LTCUSD price in the Litecoin trend history. After the upward price movement finished, a deep correction started, according to the price history means finally after the storm came the rainbow.

Litecoin Price Prediction for 2021 is that with a trading value of $132.32, Litecoin resumed the year 2021. On a bullish note, the coin dramatically started to escalate. By the mid of February, the price surpassed $200, and further keeping the uptrend intact, the price reached the yearly highs at $335.

LTC could hit newer heights by enrichment of its platform with certain integrations and collaborations. The currency might smash the precious ATH at $375 and keep surging and may surpass $500 by the end of 2021. Some people even say it can cause an explosion to 2740 dollars but at the end of this year because even bitcoin had such an explosion when no one expected it and it is like a twin of bitcoin. It is very likely to get high but again the world of cryptocurrency is very volatile nothing can be predicted 100% accurately but still we bring you the news from the top crypto experts.

Read More: LITECOIN LTC News + Price Prediction

The post Litecoin Price Prediction $2,740! appeared first on Crypto Coin Guides.

via Litecoin Price Prediction $2,740!

#bitcoin news #ethereum news #xrp news #cardano news #crypto news #best cryptocurrency to buy #best crypt

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forexcrypt-blog · 4 years ago

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ProphetFX (Prophet Enterprise Limited), TradehuntFX, FrontLineFX are scammers - here is the irrefutable evidence

If the article wasn't enough - this is. Truth always finds a way and here it is. This is irrefutable evidence on how they are gaming myfxbook, false advertising, lying and committing serious fraud. These are not allegations/accusations - this is sold fact. All of this information has been copied, saved and stored offline away from harm, away from me and for the authorities to view/use. I know that Prophetfx will delete this and any record/evidence as soon as this post goes up. You will have read in the main article that I have a great deal of experience in MT4 and using Myfxbook. Well I knew that Myfxbook is a notoriously poor product. I knew that Metatrader 4 can be gamed - either via the MT4 broker server scam or by people using demo accounts. In this case ProphetFX are using a real account. Edward Elford had locked down the account so the only data I had to use was the Trade Summary. It wasn't enough data.

ProphetFX Myfxbook - https://www.myfxbook.com/members/Edward4x/prophet-fx/3173819 This took some extra investigation to work out how and what ProphetFX are doing. Luckily, in their stupidity - they left one of their accounts open. Here I am able to show you what and how ProphetFX are false advertising, lying & committing serious fraud. If you look at the TradeHuntFX Website Myfxbook page - look what you see...

https://www.tradehuntfxmentorship.com/tradecopier-autotrading/ This is from the https://www.tradehuntfxmentorship.com/tradecopier-autotrading/ page What is the ‘TradeCopier’? The TradeCopier facility is an empirically proven and exhaustively tested system that mirrors Forex trading activity from our master account and places trades onto your account. This enables consistent and incremental account growth to all connected clients. How does it work? The system carefully analyses market movement and volumes within any given pair we are trading. If price moves against us in one direction, the system will begin a process to ‘hedge’ itself out of that trade and close with a profit. The exact system methodology is of course confidential, but the full results from the TradeCopier past activity are available for scrutiny. How much profit can I expect each month or average over a year? Our month on month target growth is circa 15%-20%, some months may be less, and others more. Forex accounts do not grow by an identical amount each month but our past results do demonstrate consistent growth over a rolling period, which is our core aim. All TradeCopier clients see the exact same % increase, no matter if you have a £1,000 account, or £100,000. How much does it cost? There is a small monthly fixed charge and then a profits based % commission charge. However for THFX members we have removed the charge and the commission charge is reduced to 30%. Non members are charged £10 a month with a 45% commission charge. Billing is completed at the end of each calendar month. You then have 7 days in which to settle your bill. Failure to settle your account will result in it being disconnected. How much can I lose? The maximum drawdown that has been recorded is 7.8%, but this does not mean that higher drawdown will not happen, this is not something to be concerned by. This is just how the system operates, in fact it soon recovered after this. The market is very unpredictable at times, we have carried out extensive amounts of back testing and have never lost an account to drawdown/market conditions. Please refer to our full risk disclaimer. When can I withdraw the profits? You are able to withdraw at any stage you wish, however there are times when it is not advisable to withdraw such as when there are live trades open. All we ask is that if you wish to withdraw it’s always best to speak to Edward first. Please ensure you are able to make the due commissions payment based on the profits so far. Otherwise you will be disconnected. Who can handle my funds? Funds are held in your own IC markets account and only you are able to with withdrawn or move them. We will never ask for your Broker account log in details ever. We only need your MT4 trading account details so that we can link your account to the TradeCopier master account. Individual trading account log in credentials give us ZERO access to your personal funds. What about a large unexpected market movement? Our exposed risk is so small that even during large moves we are not reaching high DD. 300 pips the otherway and we are around 7% DD, so it’s totally within out risk settings to be able to deal with a 500 pip spike or market crash. ok what about the actual underlying myfxbook page.... Well it is here https://www.myfxbook.com/members/Benllay/tradehuntfx/3329055

TradehuntFX Myfxbook - https://www.myfxbook.com/members/Benllay/tradehuntfx/3329055 What do you notice? It is the VERY SAME red line and yellow line (we are told its an EA, the yellow line confirms its the very same underlying data) - but what is the glaring difference? - That huge line up on the ProphetFX chart. What could it be I wonder? Well again, the very helpful idiots of TradeHuntFX have left Myfxbook fully open. Look what I can do...

If I change the Custom Analysis start date then I can make huge gains in Myfxbook Ok, but what is that huge line up on the Myfxbook graph though? Well lets have a look at the underlying data on the TradeHuntFX for that date from Myfxbook....

This is the underlying data from TradeHuntFX Myfxbook (remember the very same "EA" that ProphetFX is)... Oh Fuck guys and gals what is that????? That is them gaming MyFxbook results. They are withdrawing and depositing to game the Growth graph. Note aspects of Myfxbook are locked down on both ProphetFX and TradehuntFX so you cannot actually see what is going on? Well as above - they TradehuntFX Myfxbook has elements left open. We can see in the excel sheet data that they are withdrawing and depositing to show huge gains. In the case of Edward Elfords ProphetFX Myfxbook you can see this is how he has created a massive 426% gain from September 16th 2019 - September 20th 2019. This is done by ramping up winning trades then withdrawing money from the account so it looks like you have had a massive win - clever huh? Yes, except when you are selling off the back of this. This is fraud. Pure and simple. It gets worse because we have already seen in the literature from ProphetFX, TradeHuntFX & FrontlineFX that this is risk averse and no major drawdown - so what do you also see in the data? HUGE DRAWDOWN. ACCOUNT BUSTING HUGE DRAWDOWN.

Look at the state of this. It was so bad they had to fund the account.

Trade was so bad and went into drawdown so deep they had to fund the account. So there you go - Drawdown was so bad they had to fund the account. Yet another dimension to the level of fraud committed by ProphetFX, TradeHuntFX & FrontlineFX. So to recap; 1. The Myfxbook graph is lies by gaming the growth graph and use of it as sales material is false advertising & committing fraud. 2. Hiding true trading results is false advertising & committing fraud. This lot thought they were untouchable - their stupidity has exposed them for who they really are - fraudsters. Read the full article

#EdwardElford #frontlinefx #JackAlexanderHARWOOD #myfxbook #PROPHETENTERPRISELTD #prophetfx #scam #scammers

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forforexsake · 5 years ago

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How to Calculate Maximum Drawdown in Excel » Trading Heroes

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batterymonster2021 · 5 years ago

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Can You Make A Living In Forex Signal Copying!? Is It Possible?!

New Post has been published on https://hititem.kr/can-you-make-a-living-in-forex-signal-copying-is-it-possible/

Can You Make A Living In Forex Signal Copying!? Is It Possible?!

Is it feasible to make a living at a full-time career out of following anyone else’s indicators? So what an fascinating subject that is. Can you make a dwelling via following any one else’s trade alerts. Very principal. Absolutely for us anyway in view that we work for forexsignals.Com. Joking aside, it’s a valid question. And i consider it desires no extra analysis. My experience over the final… You understand two decades or so trading the buying and selling the monitors. I’ve seen quite a lot of individuals come into this trade, trying to stop their day job. Considering they are going to be a trader. This is their road to riches. It’s a get-wealthy-rapid scheme, k? They do not like their present jobs and so they suppose they are going to be you already know simply switching on the displays and making a living.Men and women are watching really most commonly for the effortless manner out. And this technique has really led to a real growth enterprise in the currency trading signal carrier trade. Truly, what a currency trading sign service is, is exactly what it says on the tin. You know you pay a subscription. A monthly or annual subscription or some thing fee plan you might have with the provider. And that supplier will send you a signal to your email, to your smartphone or what have you.And that will be a buy or promote with discontinue loss stages, take profit target levels could even have some risk administration in there as well. So what a signal provider will do? Send you the sign you as a dealer will take the sign and off you go. You attempt to earn money. You have got learn on the tin that this approach makes twenty percentage in the path of the year, so that you think that’s satisfactory. Well, I inspiration definite— i do not consider it is a relatively as handy as that. And that i consider you must put some extra analysis into the civil provider, and we will speak about that a bit extra in in a moment. But there are exact advantages. Am I following a signal carrier and the primary expertise is: learning to trade itself is just not an convenient challenge. Is just not whatever that you can do overnight. Not whatever you could decide upon up a ebook, read the booklet and then you turn out to be a dealer .It takes time.A number of time. I’ve been trading for thirty years, twenty years particularly on the screens. Takes a variety of time and a variety of reveal follow. And that caring love bullets. So in your signal carrier having faith in any individual else to make these selections for you can be a huge abilities. Now, let’s count on that strategy you are utilizing or that the supplier is making use of has been that verified. It can be obtained a excellent track record. Possibly, they’ve carried out their back testing. That testing is an tremendously boring mission. It needs to be completed. You have to know the way the approach performs. So if you wish to comply with a signal carrier, you could have received to anticipate that that provider has performed all that again testing for you. He is taken all that tough figure out for you. So there you might have a procedure. Sincere again checking out. It’s acquired a exceptional return on investment, off you go together with it. Well quite frankly, right here is the place I suppose the double-edged sword is.It can be now not fairly so simple as that. While you comply with a sign service You clearly… Transferring the responsibility onto any individual else. And it is very convenient while you shift the responsibility onto someone else to blame anyone else when that method goes incorrect. You then shedding, ok? That’s plenty of the reasons why people do it. They do not wish to take some accountability. However I think to use a signal provider in the most amazing manner, you may have got to take some accountability. K, you’ve bought to fully grasp what is going on on at the back of the process. So you have obtained to comprehend the traits of that method. How it informs in volatile periods. What the maximum drawdown is. What the maximum quantity of consecutive losses will be. What’s the highest number or advantage gainers you are likely to see as well. It’s most effective rather have their the know-how. That you are ready to have extra believe in the exact sign provider itself.Very handy to throw out a signal service due to the fact that you will have had fireplace shedding trades. Then you definately move on to the following sign carrier. And then the next one and the next one and the whole cycle repeats itself. So you need to do some extra evaluation into the sign so that you have got confidence to stick to the process indeed when it does have those drawdown pillars. You ought to understand what is going on in the back of the scenes behind that sign. Now the other thing I think I wish to speak about is the chance administration. Threat administration is principal when you’re trading. A variety of these signal offerings that you see they do not fairly comprise the risk management.The giant photograph. They might say only danger 1% on the trade, however they’re no longer watching at the tremendous photograph in terms of your buying and selling plan. Where you need to be in a month’s time, six months time, a yr’s time, in two years time. This just in actual fact a fast profit and that’s what they’re basing themselves on. To emerge as a effective dwelling making a residing out of buying and selling, you may have obtained to have a plan. You’ve got bought to have a strategy in terms of risk to take you ahead. A number of these techniques these are an identical offerings don’t furnish that for you. So what you have to do basically fairly frankly, is comply with a single carrier. However be aware of what is going on into it. What’s the backbone at the back of it and the greater photograph. Psychology, chance administration. Now here at forexsignals.Com, we do exactly that. We furnish indicators of path. We additionally provide the schooling. The schooling at the back of the process. We educate you why we’re taking such trades. We teach you the thought procedure what is going on on in the back of the strategy. We talk to you about again test. Learn how to analyze a process. Find out how to truely see if that is credible going ahead.What is the expectancy. That basically means what that you can assume from that method. What number of losses you could possibly have on the jump. How many competencies winners you can have on the jump. We additionally component in the hazard management as well. We look at that in an awfully serious topic it is so so major threat administration, so we duvet that as good. The other thing you have got to appear at is the psychology at the back of coaching. Psychology it is most of the time 70% of the whole thing we do as traders. Despite the fact that you’re following a signal service or even though you are trading your self. Psychology is imperative. Which you could follow a sign service. Have some dropping trades. Then you definately begin doubling up or you then throwing it out and getting yet another procedure. All this is the psychology. Getting a sign provider without that evaluation can lead to threat.So I consider it is reasonable to claim there is a work, there is a space for a sign carrier. However you may have got to look into it within the large picture. You’ve obtained to seem into it’s as part of your buying and selling plan. Sure it takes some rough work away, but you’ve gotten bought to place a bit bit extra work into it. Consider me, there isn’t a sign provider out there that you can plug in comply with religiously to stop your day job. However there is undoubtedly an area for it. I am hoping this video was once insightful. And if it used to be, provide me a thumbs up. If it wasn’t, provide me a thumbs down.Of course consistently leave a comment beneath. We’d love to hear from you. Love read in the feedback. I get again to as many as i will be able to. Subscribe to the channel if you haven’t already performed so and of direction which you can comply with us on Instagram. Where case you get to peer all of the work that goes on in the back of these videos. Thanks once more for this factor and until the next video excellent luck! .

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airoasis · 5 years ago

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Can You Make A Living In Forex Signal Copying!? Is It Possible?!

New Post has been published on https://hititem.kr/can-you-make-a-living-in-forex-signal-copying-is-it-possible/

Can You Make A Living In Forex Signal Copying!? Is It Possible?!

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fxcfdlabo · 4 years ago

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AAAFx(International) is a forex broker compatible with ZuluTrade, which is a tool of copy trading.

What kind of broker is AAAFx?

AAAFx was founded in 2008 and its headquarters is in Athens, Greece (member of the European Union). AAAFx has both AAAFx International and AAAFx EU. Currently we are employing 80+ people, and within the past two years the company has successfully opened thousands of live accounts from 176 countries globally. We offer in-house live customer support-trading desk in 11 languages. Our main focuses are to offer both an exceptional trading experience and outstanding customer support. AAAFx is regulated in Europe, registration no. 2/540/17.2.2010. Tax Identification Number is 998281207. AAAFx is an online Forex and CFD ECN (electronic communications network) broker launched in 2008. They are headquartered and regulated in Greece, being one of only two Forex/CFD brokers who are truly Greek. As they are regulated in Greece by the Hellenic Capital Market Commission, they are also fully regulated in all European Union member states. AAAFx offers traders the opportunity to trade a reasonably wide range of instruments wrapped as CFDs (Contracts for Difference), even including some bonds and soft commodities. In addition to Bonds, AAAFx offer trading in 36 Forex currency pairs and crosses, 10 global equity indices, the commodities of gold, silver, crude oil, natural gas, and copper, and all the major cryptocurrencies including Bitcoin paired again the U.S. Dollar. Minimum margin requirements differ, and of course, maximum leverage at a broker regulated within the European Union is restricted to 30 to 1 by ESMA regulations. We offer an in-house customer support - trading desk 24 hours/ 5 days a week, in 13 languages as well as:

A 10% Bonus on your initial deposit

Reduced Spreads that are among the lowest

Full refund policy for trade execution issues

Direct integration with Zulutrade, the largest social trading network with more than half a million users and 100.000 registered strategies

Expert Advisors can be used

No re-quotes. Prices are filled with just one click.

ECN Broker - No Dealing Desk Execution ensures our Customers’ best interest

ABOUT AAAFxFoundation AAAFX was found in 2008 Homepagehttps://international.aaafx.comHeadquartersAAAFX maintains headquarters in Athens, GreeceIslamic AccountsAAAFX supports Islamic Accounts -YES-Segregated Client Accounts -YES-Regulated AAAFX is regulated by HCMC (Greece ID-998281207) and MiFID (EU ID-2/540/17.2.2010)LanguagesBroker TypeECNCFD TradingYESPlatforms MetaTrader4, ZTP Auto-Trading, ZuluTrade, MT4 Mobile AppsAAAFX ZuluTradeTrading Time ZoneGMT (UTC+2)Demo Account YESEUR/USD Spread AAAFX minimum spread on EUR/USD is 0.9 pip and typical is 1.9 pip (full asset index below)Trading CommissionsNoLeverageup to 500:1Smallest Trade Size1000 UnitsScalping YESMinimum Account $300 or €250Deposit/Withdrawal MethodsBank Wire Transfer, Credit and Debit Cards, Bitcoin, MoneyBookers (Skrill) EPS, iDeal, GiroPay, DirectPay/Sofort, TeleIngreso, Przelewy24, QiwiWithdrawal FeesYes, $25 flat fee applies for all withdrawalsMinimum Account $300 or €250Acceptance of US ClientsNoAcceptance of Japanese ClientsNo (in AAAFx International) Yes (in AAAFx EU)

Accounts

AAAFx differs from most brokers in offering clients an ECN account model. There is only one account type for retail clients, without any of the gimmicks which many brokers typically use to promote spurious distinctions, although there is a choice of platforms. Opening an account with AAAFx requires a minimum deposit of $300. As AAAFx operates an ECN model, clients are charged both a spread and a commission on all transactions. Spreads are variable and begin at a low of 0.2 pips on the benchmark EUR/USD currency pair. Commissions are of course fixed and equate to another 0.8 pips on EUR/USD which means you can expect to pay about 1 pip for every round-trip trade in the EUR/USD currency pair. This is competitive, and in fact for a deposit of $300 is truly good value. Commissions for institutional clients are considerably lower, with institutional accounts charged approximately 70% on commissions, due to their large trade sizes. The spreads and commissions on non-Forex assets are also broadly competitive. Unusually for a Forex/CFD brokerage, AAAFx publish their overnight swap rates. They look mostly OK and are positive where there are significant interest rate differentials, which is a positive sign, and as it should be. Swap-free Islamic accounts, and demo accounts, are also available, as is typically the case with Forex/CFD brokerages. All accounts offer a minimum trade size of 1 micro-lot (0.01 full lots). Scalping and hedging are allowed, and automated trading is possible. This combination of advantages is something that is increasingly hard to find, especially with a Forex/CFD broker regulated in the E.U. such as AAAFx. There is no choice of trading platform if you do not want to use the ZuluTrade platform, as the only alternative is MetaTrader 4. Fortunately, this is the world’s most popular and common Forex trading platform. AAAFx is a partner of ZuluTrade, which allows its customers to effectively operate in a way that takes advantage of all of ZuluTrade’s social trading and trade copying features.

3 Trading Platforms

AAAFx offers us 2 best trading platforms "ZTP" and "MT4" that suit us.

ZTP

・State-of-the-art Technology Provides you with a fully-fledged web-based Trading Station for Forex and CFDs manual trading. Offers technical charts (Candlesticks, OHLC, lines) and indicators (Trend, Oscillators, volatility, volumes, Bill Williams etc.) you can tailor according to your trading requirements. In addition, ZuluScripts allows trading robots to be used or developed via your own algorithms to run your trading strategies. Your account is shielded at all times against connectivity issues and can run EAs uninterruptedly without the need for a VPS. The best choice for those who wish to trade with an all-in-one platform that is currently offered together with your ZuluTrade account. Products Traded：FOREX, CFDS Methods of Trade：MANUAL, ALGORITHMIC VIA ZULUSCRIPTS™ Platform：WEB-BASED

MetaTrader 4 (MT4)

・The standard The AAAFx International MetaTrader 4 provides you with the most essential tools and resources needed to analyze the Market and improve your Forex and CFDs manual trading performance. Offers opportunities to traders of all skill levels: advanced technical analysis, flexible trading system, algorithmic trading, Expert Advisors and mobile applications. Smallest Trade Size: 1000 Units Trailing Stop: Enabled by default on Live accounts The Platform is offered with or without ZuluTrade and requires installation. Download here. Products Traded：FOREX, CFDS Trade：MANUAL, ALGORITHMIC, EXPERT ADVISORS Platform：WINDOWS BASED AND REQUIRES INSTALLATION

MetaTrader Mobile

The MetaTrader 4 and platform apps can be used on iPhones, iPads, Multi-Terminal, and all Android devices.

6 Features of AAAFx

There are 6 features of AAAFx. ・A very competitive spread/commission offering, especially for small depositors. ・A reasonably wide range of instruments available for trading: Forex currency pairs, global equity indices, gold, silver, crude oil, bonds, and cryptocurrencies. ・An ECN trading model. ・Negative balance protection. ・Regulated by a major industry center (E.U.). ・AAAFx is a well-established firm with a well-earned reputation to protect.

Excellent compatibility with Zulutrade

In telling the details of AAAFX, it is the existence of the automatic copy trading system "Zulutrade" which should not be ignored. This "Zulutrade" is available for free at AAAFX. Most of those who open an account at AAAFX are aiming for this "Zuletrade".

"Zulutrade" automatically manages our funds even when we are asleep.

"Zulutrade" is characterized by the fact that the trading signal issued by an excellent trader called a signal provider is instantly reflected in your account. We can buy or sell the same as high performance traders around the world just by choosing which traders we synchronize. Once we decide which trader we synchronize, it's okay to leave managing our funds untouched without logging in to our account extremely. Zulutrade manages our assets automatically. EA(=Expert Advisor) seems to be difficult because of setting programs. But AAAFX is very popular for people who do not have confidence in trading forex manually or those who want to have an account for the automatic trading account as a sub account as well as accounts for manual trading.

Even if traders are excellent, they will surely drawdown someday. By combining several service providers and forming portfolios, then, we can reduce that risk. As one of the features of ZuluTrade, all providers are cloud services running on the server side of ZuluTrade. There is no need to carry out troublesome such as installation on the personal computer. Also, even if the PC is turned off, trading will automatically take place at the signature of the provider you designated. Extremely speaking, even if you do not have a computer, you can use ZuluTrade if you can operate from an internet cafe or smartphone. A world-class signal provider will repeat automatic trading for 24 hours on your behalf. This dreamlike trading system ZuluTrade is completely available for free.

Here is about Details of ZuluTrade

Services of AAAFx

Education

AAAFx has no educational offering. In our view, this is refreshing, as they are focusing on offering a brokerage service instead of using the common tactic of offering low-quality education to suck in new clients with high transaction costs.

Bonuses and Promotions

AAAFx offers 10% Βonus on all of our deposits! If you want to receive Special Bonus Offer, you should read the following Terms and Conditions. The Profit Sharing Accounts Program offered by AAAFx International has been welcomed with great enthusiasm and has aroused a great deal of interest among our clients. We offer a 10% Bonus for each received deposit. Below, are the Special Bonus Offer defined terms and conditions: Both Existing and New clients are qualified for the Special Bonus. Both Classic and Profit Sharing accounts are qualified for the Special Bonus There is a maximum incentive bonus of $3,000 per account (please see round turn lot table above). The Special Bonus expires and will be automatically removed from an account, if it is not released within a period of 45 or 90 days (depending on the offer) from the date that it was credited. The Special Bonus cannot be transferred between accounts. Funds transferred between accounts are not considered deposits and are therefore not eligible for the Special Bonus offer. The Special Bonus is credited in the investment account after receiving the deposit and will only be released in the equity once the necessary round turn requirements are completed, as mentioned on the relevant table above. Round turn lot requirements are calculated pro rata using weighted averages for each currency pair; please click here for details. You can easily check the status of your bonus(es) by simply visiting the Mybonus section of your account. AAAFx International reserves the right to alter, amend, extend or terminate the Offer at any time without prior notice. AAAFx International will notify you of any changes to the Offer and/or its conditions by updating its website and it is recommended that you check the website regularly for such updates.

Deposits/Withdrawals

Depositing funds into a AAAFx account is an easy and secure process. Both may be made using several different methods, including credit cards, debit cards, Skrill, Neteller, and even Bitcoin. Withdrawals are generally made through the same channel that deposits have been made through.

Conclusion

AAAFX is an ECN Forex Broker found in 2008 that allows US traders as it is compliant with NFA. AAAFX is highly associated with ZuluTrade, actually, it is part of the ZuluTrade Group. AAAFX trading terms may be considered as competitive in general. They offer EURUSD typical at 1.9 pips and minimum at 0.9 pips, without any trading commissions charged. They offer the MT4 platform, the ZTP platform, and of course the ZuluTrade platform which allows Expert Advisors and Social Trading. They offer also apps for iPhone and Android. AAAFX allows Scalping and Hedging. Their order execution is considerably fast without price manipulation. As concerns AAAFX accounts, their minimum deposit of $300 is reasonable while they support several account currencies. Keep in mind that they charge withdrawal fees (25EUR flat). AAAFX asset index is considerably wide and forms one of the main advantages when trading at AAAFX. In general AAAFX is a good Forex Brokerage choice, especially as concerns US traders. AAAFx has an exceptional offering for retail Forex/CFD traders, which smacks of professionalism and integrity, and avoids cheap gimmicks. If you are not looking for an extremely wide range of obscure assets to trade, and want a cheap ECN-style trade offering, these guys are certainly worth seriously considering, especially if you have a relatively small deposit to make.

Open Accounts of AAAFx

source http://kaigai-invest.blog.jp/aaafx/international/introduction

#forex #CFD #stocks #cryptocurrencies

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bitcoinminershasrate · 3 years ago

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Testing: Radeon RX 470 on ASUS ROG Strix video card - Overclocking | Benchmark

Testing the Radeon RX 470 on the example of the ASUS ROG Strix video card -In the line of new AMD video cards, we have not yet had time to consider only the Radeon RX 470. We will fix it in this article. Let's study the capabilities of the younger model on Polaris 10 in nominal and overclocked terms using a video card from ASUS as an example. Radeon RX 470 The Radeon RX 470 along with the Radeon RX 480 are based on a single Polaris 10 GPU that uses the latest fourth generation GCN architecture. But out of 36 Compute Units, the younger version has 32 active ones, i.e. instead of 2304 stream processors, the Radeon RX 470 operates with 2048 cores, 128 texture units out of 144 are active. In the new generation, the Compute Unit performance has been increased compared to previous solutions, and the memory bandwidth efficiency has been increased due to data compression algorithms. Therefore, the Radeon RX 470/480 are content with a 256-bit memory bus, but work with it faster than previous models. Improved geometry processing blocks, Async Compute operation. The L2 cache has been increased to 2MB. In addition to changes in the configuration of computing units, the Radeon RX 470 differs from the Radeon RX 480 also in operating frequencies. For the younger video card, the base GPU frequency is set at 926 MHz, and the Boost frequency is set to 1206 MHz. Relative to the frequencies of the Radeon RX 480, the difference in the maximum value is small, but at the base frequency it is almost 21%. GDDR5 memory operates at an effective frequency of 6600 MHz, which is also 21% lower than the memory frequencies of the older card. In terms of the configuration of the computing units, the Radeon RX 470 is closest to the Radeon R9 380X. At the same time, the TDP of the novelty is only 120 W thanks to the new 14-nm process technology. For comparisons, it should be recalled that the Radeon RX 480 is claimed to be 150 watts. Let's summarize the characteristics of new and old AMD Radeon video cards in one table. Video adapterRadeon RX 480Radeon RX 470Radeon R9 390Radeon R9 290Radeon R9 380XRadeon R9 280XCorePolaris 10Polaris 10GrenadaHawaiiAntiguaTahitiNumber of transistors, mln.pcs570057006020602050004313Process technology, nm141428282828Core area, sq. mm232232438438366352Number of stream processors230420482560256020482048Number of texture units144128160160128128Number of rendering units323264643232Core frequency, MHz1120–1266926–1206Up to 1000Until 947to 9701000Memory bus, bit256256512512256384Memory typeGDDR5GDDR5GDDR5GDDR5GDDR5GDDR5Memory frequency, MHz800066006000500057006000Memory size, MB8192/409640968192409640963072Supported DirectX Version121212121212InterfacePCI-E 3.0PCI-E 3.0PCI-E 3.0PCI-E 3.0PCI-E 3.0PCI-E 3.0TDP level, W150120275275190250 The Radeon RX 470 was originally announced with 4GB of video memory, but some manufacturers have already introduced 8GB models. Also, AMD partners immediately got the freedom to modify the RX 470 series cards, thanks to which many non-reference versions went on sale. Using such a video card as an example, we will get acquainted with the new product. ASUS ROG Strix Radeon RX 470 (ROG STRIX-RX470-O4G-GAMING) The video card comes in a medium-sized box with a large, bright Strix lettering on the front. Supplied with a CD with software and instructions. Among the pleasant bonuses, it is worth noting two Velcro cable ties and a code for 15 days of "Premium" in World of Warships. ASUS is equipped with a large cooler with two large fans and heat pipes. Cooling is covered with a black plastic cover. The video card looks more solid than the reference version Radeon RX 480, which inspires respect and hopes for excellent temperature and noise characteristics. The austere appearance is complemented by an illuminated logo at the end. The board is full-sized, and not shortened as in the reference senior card. One power connector is located in the corner with the latch facing up. Disassembly of the video card is prevented by a seal on one of the screws. At the heart of the cooler are two thick 8-mm heat pipes that directly contact the surface of the graphics crystal. The tubes fit tightly together in the grooves of the base. The radiator is made up of a series of thin fins, which are pierced with heat pipes. A casing with a pair of Everflow T129215SM fans of a standard size of 100 mm clings to the radiator using latches. There are soft pads under the fans to dampen vibration. A separate heat sink is provided for the power supply transistors. Let's take a look at the board. A stiffener is screwed on the side to avoid deformation of the PCB. The GPU power system is located on the right side, has four phases. The memory power supply subsystem is two-phase. The Polaris 10 chip is surrounded by a massive frame, the crystal itself is unmarked on the surface. Four gigabytes of memory are recruited with SKhynix H5GC4H24AJR R0C microcircuits. ASUS STRIX-RX470-O4G-GAMING operates at higher frequencies. Initially, the core frequency was increased to 1270 MHz, which is the maximum value. The base frequency is not indicated in official sources, but it can be assumed that it is at 990 MHz or even higher. Memory without factory overclocking. For monitoring and overclocking, we used the ASUS GPU Tweak II application, which provides maximum control and management of the operating parameters of the new Radeon graphics cards from ASUS. Note that many of the features are available in the standard WattMan application from AMD Radeon Settings. Video cards with GAMING attachment support several operating modes. In this case, 1270 MHz corresponds to the most productive OC Mode. When you select the Gaming Mode settings profile, the frequency is reduced to 1250 MHz, in Silent Mode to 1230 MHz. We limited ourselves to the initial settings during testing. And even in this mode, the real GPU frequency varied greatly in the load and was noticeably below 1270 MHz. When loaded with the Metro: Last Light benchmark at 2K at maximum quality (bottom left screenshot), the frequencies were not just below 1200 MHz, but with drawdowns almost up to 1100 MHz. About the same picture was observed in Tom Clancy's The Division, although there were already peak values at 1270 MHz. On the reference video card Radeon RX 480, the frequency spread was less, although the standard version does not have good cooling. Here, the heating is no more than 60 ° C at 25 ° C indoors. This value is used in AMD WattMan as a temperature limiter, but the video card barely comes close to it, so the main role in lowering frequencies is played by a severe power limitation. Note also that apart from weak heating, ASUS also pleased with the minimum noise, which is not surprising at a fan speed of less than 1400 rpm. The ASUS graphics card will also replace the regular version of the Radeon RX 470 by simply reducing the core frequency to 1206 MHz. How are things going with overclocking? Initially, ASUS managed to reach frequencies close to 1.4 GHz, but with a significant increase in operating voltage. By increasing the power limit to the limit (150% of the initial level), it was possible to obtain an almost stable frequency with minimal deviations below the maximum level. But after trying hard games, problems began. At very high voltages, the frequency could go down even at low temperatures, or periodic "freezes" appeared. There were freezes and other crashes. As a result, I had to stop at 1350 MHz with a minimum voltage increase of 12 mV in the ASUS GPU Tweak II utility. In this configuration, the only problem was the rare freezes, which appeared only in a couple of applications, but we simply did not take such results into account when calculating the average data. The memory was overclocked to 7556 MHz. The fan speed was forcibly increased to approximately 1900 rpm. A certain noise in this mode was noticeable, but without any serious discomfort. As you can see from the screenshots, the core frequency was kept at the maximum of 1350 MHz, the deviations were minimal. Moreover, this time the drawdowns are more pronounced in The Division, but still not lower than 1335 MHz. So the real gain in frequencies should be pretty good. As for heating, at the selected fan speed, the peak core temperature did not exceed 71 ° C. Characteristics of the tested video cards The performance of the Radeon RX 470 will be compared to the older Radeon RX 480, Radeon R9 290, GeForce GTX 1070 and GeForce GTX 970 graphics cards from the recent Radeon RX 480 benchmark. The technical characteristics of all participants are described in the table. Video adapterRadeon RX 480Radeon R9 290ASUS ROG Strix RX 470Radeon RX 470GeForce GTX 1060GeForce GTX 970CorePolaris 10HawaiiPolaris 10Polaris 10GP106GM204Number of transistors, mln.pcsn / a60205700570044005200Process technology, nm142814141628Core area, sq. mm232438232232n / a398Number of stream processors230425602048204812801664Number of texture units14416012812880104Number of rendering units326432324856Core frequency, MHz1120–1266Until 947990–1270926–12061506–17081051–1178Memory bus, bit256512256256192256Memory typeGDDR5GDDR5GDDR5GDDR5GDDR5GDDR5Memory frequency, MHz800050006600660080007010Memory size, MB819240964096409661443584 + 512Supported DirectX Version121212121212InterfacePCI-E 3.0PCI-E 3.0PCI-E 3.0PCI-E 3.0PCI-E 3.0PCI-E 3.0Power, W150275120120120145 Test stand The test bench configuration is as follows: - processor: Intel Core i7-6950X (3.0 @ 4.1 GHz); - cooler: Noctua NH-D15 (two NF-A15 PWM fans, 140 mm, 1300 rpm); - motherboard: Gigabyte GA-X99P-SLI; - memory: G.Skill F4-3200C14Q-32GTZ (4x8 GB, DDR4-3200, CL14-14-14-35); - system drive: Intel SSD 520 Series 240GB (240 GB, SATA 6Gb / s); - additional disk: Hitachi HDS721010CLA332 (1 TB, SATA 3Gb / s, 7200 rpm); - power supply unit: Seasonic SS-750KM (750 W); - monitor: ASUS PB278Q (2560x1440, 27 ″); - operating system: Windows 10 Pro x64; - Radeon RX 470 driver: AMD Grimson 16.7.3; - driver Radeon RX 480 and R9 290: AMD Grimson 16.6.2; - GeForce GTX 1060 driver: NVIDIA GeForce 368.64; - GeForce GTX 970 driver: NVIDIA GeForce 368.39. The test methodology described in one of the previous articles is taken as a basis. But since there was used a configuration of settings for top-end video cards, then in this comparison for some applications simpler parameters are used in accordance with the configuration of settings that were used in testing the Radeon RX 480. Test results Batman: Arkham Knight In Arkham Knight, the difference between Radeon RX 470 and Radeon RX 480 is about 10% in average frame rate and more than 20% in minimum fps. Initially, the junior card is slightly weaker than the Radeon R9 290 and GeForce GTX 970, but this is easily overclocked. At maximum frequencies, it is possible to overtake the GeForce GTX 1060 in the nominal value. Battlefield 4 The new Radeon is inferior to the old man R9 290 in the game Battlefield 4, losing along the way to the GeForce GTX 970. After overclocking, the Radeon RX 470 reaches the performance level of the Radeon RX 480. The increase from increasing frequencies is 15%. DiRT Rally Another test, where the old Radeon R9 290 prevails over the novelties based on Polaris 10. There is a 13% difference between the Radeon RX 470 and the Radeon RX 480, and the younger participant just compensates for the gap due to his overclocking. DOOM In the DOOM shooter, the Radeon RX 470 has a minimal lag behind the Radeon R9 290. In overclocking, all three AMD demonstrate similar results. As a supplement, we present the test data of the Radeon RX 470 in the Vulkan API. You can measure fps in this mode only with the Action! And only in windowed mode. The latter may somehow affect the accuracy of measurements, but the general trend can be seen. The transition to Vulkan speeds up the beginner by 30%, which is an impressive result. Fallout 4 The Radeon RX 470 is inferior to less than 9% of the GeForce GTX 970 and up to 14% of the Radeon RX 470 in Fallout 4. The gain from overclocking makes it possible to compensate for the lag behind its older comrade. Far Cry Primal Radeon RX 470 is inferior to Radeon RX 480 by about 13-15%. The lag behind the GeForce GTX 970 in Far Cry Primal is minimal. Overclocking provides ASUS acceleration by 16%. Gears of War: Ultimate Edition The game uses the heaviest graphics settings with 4K textures And even with this mode, the Radeon RX 470 copes very well, overtaking the GeForce GTX 970. The newcomer has less drawdown in fps, and the minimum parameter is equal to the GeForce GTX 1060. Although in this particular case, these readings should be treated with caution, not forgetting to focus on average indicators. Grand Theft Auto 5 The same minimum fps for Polaris models in GTA 5, which can be explained by the newer driver for the younger card. In terms of the average frame rate, the new product hardly differs from the Radeon R9 290 and GeForce GTX 970. Overclocking allows you to bypass the Radeon RX 480. Just Cause 3 Radeon RX 470 in Just Cause 3 is minimally inferior to its closest rivals - Radeon R9 290 and GeForce GTX 970. The lag from the older model of the new series is less than 15%, this is compensated by overclocking. Moreover, the increased frequencies allow you to slightly bypass the Radeon RX 480 in the nominal value. Metro: Last Light Although the Radeon RX 470 loses to the GeForce GTX 970 in Last Ligh, it demonstrates good fps in high resolution, which is nice in itself. The difference with the Radeon RX 480 is almost 17%, but the gap is compensated for after increasing the frequencies of the Radeon RX 470. Quantum Break Excellent performance for the Radeon RX 470 in Quantum Break. At the initial frequencies, the video adapter takes an average position between the GeForce GTX 970 and the GeForce GTX 1060. The gap from the Radeon RX 480 is at the level of 16-17%. With overclocking, the younger comrade compensates for this gap, at the same time it is possible to slightly bypass the GeForce GTX 1060 in nominal value. Rise of the Tomb Raider The Radeon RX 470 struggles to deliver barely acceptable fps in Rise of the Tomb Raider at very high quality in Full HD, but overclocking allows you to bring the performance to a more comfortable level. It's nice that the newcomer is faster than the Radeon R9 290. The difference with the Radeon RX 480 is at the level of 23–32%, which is also due to the high memory capacity of the older friend. The Witcher 3: Wild Hunt The hero of the review in The Witcher 3 loses to the GeForce GTX 970 only in average frame rate. Lagging behind Radeon R9 290 at 6%, lagging behind Radeon RX 480 at 15-17%. Overclocking provides over 20% acceleration, allowing you to get as close as possible to the performance of the GeForce GTX 1060 Tom Clancy's The Division The outsider in The Division is the Radeon R9 290. The newcomer is a little faster. ASUS at factory frequencies is on a par with GeForce GTX 970. The difference between Radeon RX 470 and Radeon RX 480 is up to 15%, overclocking accelerates the former by 17–19%. Additionally, testing was carried out at a higher resolution as a stress mode. The general alignment of forces changes little, except that the Radeon R9 290 gains an advantage over the Radeon RX 470. The ratio with the older Polaris remains at the same level. Total War: Warhammer New test in a new game. A special benchmark with DirectX 12 support was used. Here the Radeon RX 470 is on a par with the Radeon R9 290 and confidently bypasses all competitors from NVIDIA. XCOM 2 At the initial frequencies, the Radeon RX 470 is inferior to a few percent of the GeForce GTX 970. The difference with the Radeon RX 480 in XCOM 2 is up to 17%, but the younger video adapter fully compensates for it after its overclocking. 3DMark 11 The new Radeon is noticeably inferior to the GeForce GTX 970 in this test, but overclocking minimizes the gap. The difference between Radeon RX 470 and Radeon RX 480 is almost 19%. 3DMark Fire Strike In this test, the lag behind the GeForce GTX 970 is less, so the increase in frequencies makes it easy to overtake the competitor. The difference with the Radeon RX 480 is about 15%. Energy consumption The measurements were made according to the previously described method, but without taking into account the data of the older video cards in Total War: Attila. At par, the Radeon RX 470 has extremely low performance against the background of its comrades from the AMD camp. The difference with the Radeon R9 290 is especially impressive. The newcomer wins the GeForce GTX 970 by this criterion. But the first place in terms of economy remains with the GeForce GTX 1060. It is also worth noting that the situation changes dramatically during overclocking, the power consumed by the Radeon RX 470 increases. conclusions AMD strengthens its position in the middle class with the release of the Radeon RX 470 graphics card. The novelty, which in all respects should replace the Radeon R9 380X, is closer in performance to the Radeon R9 290, yielding only a few percent to the old model. The lag behind the Radeon RX 480 is on average 15%, but it happens even more. A higher memory capacity can be an important factor in the advantage of an older video card based on GPU Polaris 10. At the same time, the potential of the Radeon RX 470 with 4 GB is not only enough for Full HD, in some games the video card can handle 2K resolution. In new demanding games, especially under DirectX 12, the Radeon RX 470 is a direct competitor to the GeForce GTX 970, although in slightly earlier projects the new product is weaker. All this is combined with low energy consumption and a low suggested price, It should be noted that the low level of power consumption in the nominal is associated with severe restrictions. For this reason, the Radeon RX 470 has a floating core frequency, which can be noticeably lower than the declared 1206 MHz. In this regard, the new Radeon are beginning to resemble the GeForce. And, as you may have noticed, we even began to indicate on the performance graphs the full frequency range of the Radeon core instead of one final value. The reviewed ASUS ROG STRIX-RX470-O4G-GAMING video card pleased with low heating and minimal noise. A high-quality cooling system copes well with its tasks during factory overclocking, which, however, provides minimal acceleration. To squeeze the most out of the video card, you need to increase the power and temperature limit along with the frequencies. The final overclocking by ASUS can be safely called successful, because our sample managed to pass the tests at a stable core frequency of 1350 MHz, although it felt like the limit of possibilities. With overclocking, ASUS managed to catch up (and sometimes overtake) the Radeon RX 480. This acceleration is associated with a sharp increase in heat dissipation, but the cooler can cool the card without serious noise even in this mode. So we can safely recommend ASUS ROG Strix Radeon RX 470 for purchase! Read the full article

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clairedmaddox · 5 years ago

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How to Do MetaTrader 5 Manual Backtesting

MetaTrader 5 is a solid automated backtesting platform. But did you know that it's also a pretty good manual backtesting platform?

In this post, I'll show you how to use this free software to manually backtest your strategies. This is a great option if you don't want to purchase software like Forex Tester.

I'll give you all the tools that you need and the exact steps on how to do it. If your broker only has MT4 available, then that will work in a very similar way.

Why You Should Backtest

Backtesting is an excellent first step in helping you determine if a strategy has an edge or not. Since you can run through historical data very quickly in backtesting, this gives you a lot more data than if you only traded in a demo or live account.

Testing that might take months or years in demo trading, can be completed in a matter of days or weeks with backtesting.

You can also practice a strategy when the markets are closed, making it an ideal training tool.

So it's extremely beneficial to learn this skill and MT5 is a good software to start with because it's free.

This is the beginning of the roadmap to successful trading. To get a copy of the Trading Success Roadmap, read this post.

Here we go…

Download MetaTrader 5

The first step is to download MetaTrader 5.

You can get the software from your broker or you can download it directly from the MetaTrader website. It's usually best to get it from your broker, but if you don't have a broker yet, the MetaTrader version will do just fine. Once you have a broker, you can connect to your broker through the MetaTrader version.

When you get the software from your broker, it's automatically setup for that broker, so it can be a little easier to get started. Either way, you can get the complete MT5 installation instructions here.

Download Your Data

In order to do a valid backtest, you should have as much historical data as possible. Over the years, I've tried several backtesting solutions that only allow you to test a couple of years of data.

That's totally useless because you won't have enough trades to make a valid decision about a trading strategy.

So get as much data as you can. To download additional data, go to: Tools > History Center

Then highlight the pair and timeframe that you want to download and click on the Download button.

That will give you the data you to do your backtesting.

If there isn't enough data from your data source, then consider downloading additional data from this provider.

Open Your Spreadsheet

Before you get started, you'll need a spreadsheet to record your results. This is one of the biggest benefits of Forex Tester, all of this information is automatically recorded for you.

But if you would like to continue using MT5, then create a spreadsheet with the following columns:

Open date

Close date

Currency pair

Lot size

Open price

Close price

Profit/Loss ($)

Profit/Loss (%)

Reward/Risk ratio

TraderEvo members get this spreadsheet as part of their membership. Once you've built your spreadsheet, then move on to the next step.

Keep Your Trading Plan in Front of You

When you're backtesting, it can be easy to deviate from the plan. If you're like most people, you'll start tweaking the strategy in the middle of the test.

I've done this before too, so that's why I keep my trading plan in front of me while I'm testing.

It will keep you on track and ensure that you are sticking to the plan.

You can get a free PDF download of the Trading Plan Worksheet I use here.

Once you have your plan in front of you, it's time to begin your testing.

Start Testing

Now it's time to get started!

First select the pair and timeframe that you want to test.

Next, add any indicators that you'll be using to your chart.

Then scroll your charts back to a point in time that you want to start from. If you are testing the H4 chart or higher, I would recommend going back as far as possible.

You can usually test all of the data for a Forex pair on a H4 chart or higher.

When testing lower timeframes, you should pick a few timeframes and test on those timeframes only. Pick a good mix of timeframes that have the following characteristics:

Strongly trending market

Strongly ranging market

Neither strongly ranging or trending

That will give you a good idea of how your strategy will perform in different market conditions.

Do the following to scroll back quickly on your chart:

1. Turn off the Autoscroll

2. Hit Enter on your keyboard.

3. A small box will appear in the lower left corner.

4. Enter the date that you want to scroll back to on the chart in dd.mm.yyyy format, then hit Enter again.

5. The chart will scroll back to the date you specified.

Once you have scrolled back to the historical data that you want to start at, then hit F12 on your keyboard to move the chart forward, one candle at a time.

Record Your Results

Every time your setup fires off, place a trade and record it in the spreadsheet. You don't have to take screenshots at this point because you don't even know if the strategy works or not.

So just keep testing as fast as you can, so you can get as much data as possible. Creating screenshots will only slow you down.

Review Your Results

Now take a look at your spreadsheet and calculate the following:

Win Rate (%)

Return (%)

Number of Trades

Maximum Drawdown

This is enough data for now. It will help you understand if you want to pursue this strategy or not.

If you want to be extra sure, do another round of testing to verify your results.

Sometimes you might be distracted or not in the right mindset when you do a test. So if you get the same result with a second test, that will give you much more confidence that a strategy has an edge and you should move forward to the next step in your testing.

Test Another Pair

If you're satisfied with the results of a currency pair, then move on to testing another currency pair.

Not all currency pairs behave in the same way, so you can't assume that it will work on other pairs too.

Some pairs are more volatile than others. Each individual currency is influenced by different economic factors.

You might be surprised at how differently a strategy performs with different strategies. This is why you need to test each pair individually.

Things to Avoid

Here are a few things to be aware of when doing backtesting with MetaTrader 5. These tips will help you get the most out of your MT5 testing sessions.

Moving Too Fast Through the Charts

When you move too quickly through a chart, there's the tendency to move past an entry point on the chart. That leads to hindsight bias because you already know what's going to happen.

If you already know how a trade will turn out, then you'll have biased data.

So find the testing speed that will allow you to get a lot of testing in, but also won't give you advanced knowledge of each trade.

Changing Your Strategy in the Middle of a Test

It's really tempting to start tweaking your strategy in the middle of a test because you see a new advantage. But stick with the strategy, or you won't have a valid test.

When you change a strategy in the middle of the test, you won't know how good the original rules really are. You also won't know how good the new rules are either because you are only doing a partial test with them.

So finish a test with one set of rules. Then create a new test with your new testing idea.

Otherwise, your testing data is useless.

Stopping Too Early

If you win 10 trades in a row in the beginning of a test, you might be tempted to stop the test and call it a success.

Don't.

The strategy may have just hit a really profitable streak that isn't normal for that strategy. Stopping early won't allow you to see the entire picture and can lead to losses later.

Giving Up on a Low Return Strategy

It can be tempting to give up on a test if it's only returning 1% per year. However, consider what would happen if you compounded that return with multiple pairs or timeframes.

If the strategy has a high win rate, it's certainly worth considering.

You might give up on an otherwise profitable strategy and find yourself jumping from strategy to strategy, when the first strategy would have met your goals.

Don't Keep Testing if the Results are Obvious

On the other hand, if it's obvious that the system doesn't work, then quit and save your time. For example, if your strategy has lost 80% of the account, then it's probably time to stop.

There's no way you would continue with that strategy in real life.

Forcing the Strategy to Work

People also tend to be too optimistic about a trading strategy. So they will subconsciously pass on losing trades and only take the winning trades, just to prove that the strategy works.

I was guilty of this when I first started backtesting. When I reflect back on this, I did this partially because I wanted to get the backtesting process over with (and trade live) and I didn't like being wrong.

I'm not sure why others do it, but those were my reasons. They're very odd reasons in hindsight, because they didn't help me become a better trader.

But our actions aren't always logical and we need to continually reflect on our behavior to progress.

Conclusion

Although backtesting can be very beneficial, not all strategies can be backtested. Learn more about this limitations of manual backtesting in this blog post.

But if you can backtest a strategy, it's a great way to test a trading idea, get hard data and build confidence in your skills.

This tutorial will give you a good starting point, be sure to read the Complete Backtesting Guide for more details. Once a strategy tests well, the Forward Testing Guide will show you how to take your trading strategy into the next phase of testing.

If you would like help with anything mentioned in this post, be sure to sign up for the TraderEvo Program. It will take you through this process and provide the support you need to get through it.

The post How to Do MetaTrader 5 Manual Backtesting appeared first on Trading Heroes.

How to Do MetaTrader 5 Manual Backtesting published first on your-t1-blog-url

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brandonfullers · 5 years ago

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RoboForex Broker Review 2019-2020 – Must Read! Is RoboForex a Safe Forex Broker?

RoboForex Broker takes advantage of the technology innovation in the trading business. In fact, the company successfully earned more than 800,000 clients over 169 countries. Its traders can also start their accounts in any of the seven accessible accounts with different platforms.

RoboForex does not require a first deposit when logging into a demo account. The best deals about RoboForex are its 0% commissions for clients, instant withdrawals, client funds security, and fast order execution.

About RoboForex

RoboForex started operating since 2009, under the regulation of the International Financial Services Commission or IFSC. The broker renders a variety of trading services suitable for all client levels to grow their business. RoboForex even entered Muay Thai sponsorship during 2018 as part of its developing platforms. They take pride in the rewards earned from 2015 to 2018 and continue to rage in the world of trading. The number of trading accounts opened is aggregating up-to-date.

RoboForex Trading Platforms

Lots of trading platforms are available at RoboForex, including the most popular MetaTrader 4 and MetaTrader 5. The latter is the latest version of the prior with a bit of difference. Most traders go for MetaTrader 4 because of familiarity, but for better opportunities, pick MetaTrader 5.

Other platforms such as WebTrader, Mobile Trader, and R Trader contain more advanced tools in handling trading transactions.

RoboForex Trading Instruments

RoboForex trading instruments include eight asset classes, such as Forex with 40 currency pairs, stocks, indices, ETFs, soft commodities, energies, metals, and cryptocurrencies.

RoboForex Trading Conditions

Trading conditions were made to protect and save your trading experience. These are the best parts of every trading company for the benefit of all their clients. It differs according to the trading account level.

The available leverage will depend on the equity level of the client on its trading account. For example, an equity level of more than 5000 USD will have up to 1:20 leverage ratio while above 10,000 USD depends on the client’s strategy.

Deposits and withdrawals are done instantly depending on the kind of payment used, like bank payments, electronic payments, and bank cards. Expect for a maximum of two days of withdrawal processing time, especially on bank payments.

For a quicker deposit process, use the Skrill and NETELLER. No worries as RoboForex carry out all the commission paid. More than 20 deposit options are available.

The Pro-Standard account is swap-free, which means overnight rates do not affect your trading practices. It uses up floating-type spread from 1.3 points depending on the market conditions.

RoboForex Trading Accounts

Seven trading accounts are at RoboForex for a different level of traders. A demo account is for free with more than 9,400 assets, which is useful for first-time traders. Pro-Standard, ECN-Pro, Pro-Cent, and Affiliate accounts have the same minimum deposit of 10 USD / 10 EUR / 100 CNY. The remaining accounts, such as Prime and R Trader, have a minimum deposit of 5,000 USD and 100 USD, respectively.

Each trading account has several trading platforms, which are downloadable. Pro-standard and demo accounts have the most numbered platforms.

RoboForex Bonus & Promotions

The moment you create an account, there will be a welcome bonus of 30 USD by depositing at least 10 USD to your account.

Another is a profit share bonus, which will happen if you expand 25% or 50% to your first deposit. The bonus amount depends on the sum of the deposit. This action adds protection during a drawdown.

Up to 115%, Classic Bonus is for the deposited sum from 500 USD and above. It covers the first and succeeding deposits to increase the trading volume.

MQL5 Signals Coupons are offered by the MLQ5 community, which is composed of 2017 coupons to be given to clients with a 300 USD trading account. Instead of using the client’s funds in paying for other subscriptions, use the coupons instead.

Other promotions at RoboForex:

Cashback every month on all account types. The cashback rates depend on the trading volume of an account. Many rebates are given to higher trading volumes.

Receive an extra 10% funds on your account regardless of the base currency. The prior rule applies regarding the trading volume.

RoboForex offers a free-VPS server for fully verified accounts with over 300 USD equity amounts.

Be a VIP client and experience exceptional privileges, for instance, an additional cashback, extra funds, a non-restricted VIP server, and a personal VIP manager.

There are free contests at RoboForex, mainly for demo accounts, with equivalent cash prizes. Examples are Trade Day, Week with CFD, and KingSize MT5 for weekly contests and Demo Forex done monthly.

Become a partner and enjoy the premium affiliate program up to 60%, including revenue share and loyalty program.

Important Details

You can ask RoboForex for general questions by sending an email to [email protected]. 24/7 customer support can respond to 11 different languages for clients all over the world. Other emails are accessible through the marketing and partnership team [email protected] and [email protected], accordingly. You can also dial RoboForex at +65 3158 8389.

The schedule of trading hours depends on the region it operates, whether in Asia, Europe, America, and Pacific regions. Online supports are accessible 24/7.

Trading documents are essential to operate smoothly without the worry of unfamiliarity on trading processes.

Benefits

RoboForex has no limits in rendering outstanding benefits for their clients. Trading advantages include 0 pips spread, several account currencies and asset classes, micro accounts availability, and affiliate programs. Traders can enjoy multiple account options to suit their trading levels with the help of trading platforms. Every client can access multilingual customer support the whole day.

Drawbacks

PayPal is not a popular payment option from the RoboForex portfolio. There are lots of account options to choose from, with only little variances. Different trading hours are provided in different regions, which are sometimes confusing for some clients.

Overall Verdict

RoboForex is an excellent companion for trading practices, whether for the beginners or the professional traders. Downsides are present, and yet it is overpowered by the good things RoboForex offers.

La entrada RoboForex Broker Review 2019-2020 – Must Read! Is RoboForex a Safe Forex Broker? se publicó primero en Forex MT4 Indicators.

RoboForex Broker Review 2019-2020 – Must Read! Is RoboForex a Safe Forex Broker? published first on https://alphaex-capital.blogspot.com/

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logical-invest-asset-allocation · 6 years ago

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Updated asset allocation models

With the start of our new application we have added new strategies, portfolios and some popular lazy portfolios as starting point for further research.

We’ve been asked by some followers to provide a short summary of the available options, so here it is:

Strategy: Top 3 Strategies: This strategy selects the top three performers from our core strategies, based on the most recent 3 month performance, and allocates one third to each of them.Note that very often the strategy will invest in the more aggressive of our strategies, which might not be suitable for all investors. You can create your version of this strategy with our Portfolio Builder. Simply select the top 2, 3, or 4 strategies and assign equal weights to each or adjust your allocations for your risk level. You will need to manually review and update the top performers periodically.

Strategy: Bond ETF Rotation Strategy: The Bond Rotation Strategy is one of our core investment strategies. It is appropriate for investors looking to collect bond dividends while pursuing growth by rotating between bond sectors. The strategy evaluates and allocates to the best performing bond ETFs including treasuries, TIPS, foreign, high-yield and convertible bonds. This is a good strategy if you are looking for a safe long-term investment with low risk.

Strategy: BUG Permanent Portfolio Strategy: The BUG strategy is one of our more conservative strategies. The strategy does not attempt to predict prices or the future state of the economy. It holds a broad diversified number of assets that complement each other, each performing well in a different economic environment such as inflation, deflation, growth and stagnation. It is meant for long term, steady growth and low risk.It inherits part of its logic from Harry Browne’s tried-and-true Permanent Portfolio and the publicized workings of the All-Weather portfolio.

Portfolio: Conservative Risk Portfolio: Recommended for: Capital preservation, liquidity and for investors close to or in retirement.The Conservative Portfolio is appropriate for an investor with a low risk tolerance or a need to make withdrawals over the next 1 to 3 years. Conservative investors are willing to accept lower returns in exchange for lower account drawdowns in periods of market volatility.To be compatible with most retirement plans, this Portfolio does not include our Maximum Yield Strategy and leveraged Universal Investment Strategy. If you are using a more flexible account you can choose from our unconstrained portfolios in the Portfolio Library.We also offer a version for 401k plans which do not allow individual stocks.

Portfolio: Max Drawdown less than 10%: This portfolio has been optimized for achieving the highest possible return while limiting the maximum Drawdown, that is the highest drop from peak to valley over the analyzed period, to 10%. As a reference, the maximum experienced drawdown of the iShares 20+ Year Treasury Bond ETF (TLT) over the same period has been 27%, while the SPDR S&P 500 (SPY) experienced a drop of 55%.As such it is a moderate Portfolio suited for investors with a limited risk tolerance and moderate growth expectations.Please note that the Maximum DrawDown refers to a single event, for analyzing the risk of losses you should also consider other related metrics like the maximum and average duration and the Ulcer Ratio. A more reliable measure for the downside risk of an asset over a period of time is the Downside Deviation or Volatility.Please note that this portfolio might use leveraged ETF and single stocks. Should these not be allowed in your retirement account please see our 401k and IRS compatible Conservative, Moderate, and Aggressive Risk Portfolios. Contact us for special requirements

Portfolio: Max Drawdown less than 15%: This portfolio has been optimized for achieving the highest possible return while limiting the maximum Drawdown, that is the highest drop from peak to valley over the analyzed period, to 15%. As a reference, the maximum experienced drawdown of the iShares 20+ Year Treasury Bond ETF (TLT) over the same period has been 27%, while the SPDR S&P 500 (SPY) experienced a drop of 55%.As such it is a aggressive Portfolio suited for investors with a higher risk tolerance and aggressive growth expectations.Please note that the Maximum DrawDown refers to a single event, for analyzing the risk of losses you should also consider other related metrics like the maximum and average duration and the Ulcer Ratio. A more reliable measure for the downside risk of an asset over a period of time is the Downside Deviation or Volatility.Please note that this portfolio might use leveraged ETF and single stocks. Should these not be allowed in your retirement account please see our 401k and IRS compatible Conservative, Moderate, and Aggressive Risk Portfolios. Contact us for special requirements.

Strategy: Gold-Currency Strategy II: The Gold-Currency Strategy II takes advantage of the historically negative correlation between gold and the U.S. dollar. It switches between the two assets based on their recent risk adjusted performance enabling the strategy to provide protection against severe gold corrections due to dollar strength. It is an excellent addition to existing equity or bond portfolios as it holds very little correlation to either.This strategy is an update to the original GLD-USD strategy that uses inverse leveraged ETFs which are not permitted in some retirement accounts.

Strategy: Global Market Rotation Strategy: The Global Market Rotation Strategy is one of our core investment strategies. The strategy invests on a monthly basis in one of five broad global markets. It hedges the global equity exposure with variable allocation to the HEDGE sub-strategy.

Strategy: The Global Sector Rotation Strategy Aggressive version: This is the aggressive version of the Global Sector Rotation Strategy and is used as a sub-strategy. It picks on a monthly basis the top two performing global sectors.

Strategy: Global Sector Rotation Strategy: The Global Sector Rotation Strategy (OTC:GSRS) provides a good diversification to our other strategies. The strategy invests in the top two performing global sectors. Global sector ETFs often display well-defined, long lasting, up or down trends which makes them a good fit rotation strategies. Another advantage of sector rotation strategies is that even in sideways markets, there are often still individual sectors that are performing well.This strategy consists of three sub-strategies: GSRS aggressive , GSRS low-volatility and the HEDGE sub-strategies.

Strategy: The Global Sector Rotation Strategy Low Volatility version: This is the low volatility version of the Global Sector Rotation Strategy and is used as a sub-strategy. It picks on a monthly basis the top two performing global sectors.

Strategy: Hedge Strategy: This sub-strategy looks at two components and chooses the most appropriate one: A Treasury and a GLD-USD sub-strategy. The addition of gold provides an option for prolonged inflationary environments that could place bonds in a multi-year bear market.The equity/bond (or in our case HEDGE) pair is interesting because most of the time these two asset classes profit from an inverse correlation. If there is a real stock market correction, money typically flows towards treasuries and gold rewarding holders and providing crash protection.

Strategy: Maximum Yield Strategy: The Maximum Yield Rotation Strategy is a high-performing, high-risk investment strategy that rebalances twice a month. It trades one of the most profitable asset classes, volatility, by rebalancing a portfolio between two ETFs: ZIV (VelocityShares Inverse VIX Medium-Term ETF) and TMF (Direxion Daily 20+ Yr Treasury 3X ETF).When you trade inverse volatility, which means going short VIX, you play the role of an insurer who sells worried investors an insurance policy to protect them from falling stock markets. Investing in inverse volatility means nothing more than taking over the risk and collecting this insurance premium from worried investors. This obviously needs to be done carefully by following a rules-based strategy.This strategy is a good way to profit from VIX contango while minimizing heavy losses during volatility spikes. Since treasury bonds and inverse volatility have shown significant negative correlation to each other, the strategy reduces losses during financial crisis by switching early into treasuries. It is still a risky strategy and large drawdown are to be expected, so we recommend allocating no more than 15% of your overall portfolio.For more information on trading “short volatility”, read our original whitepaper on the topic.

Portfolio: Max Sharpe Portfolio: This portfolio has been optimized to provide the highest Sharpe Ratio, which is a metric that compares the amount of return versus the amount of risk, based on historical data. Return is based on CAGR and risk is based on volatility. The portfolio is well suited for risk adverse investors with moderate growth expectations.Please note that this portfolio might use leveraged ETF and single stocks. Should these not be allowed in your retirement account please see our 401k and IRS compatible Conservative, Moderate, and Aggressive Risk Portfolios. Contact us for special requirements.

Portfolio: Minimum Volatility Portfolio: This portfolio has been optimized for achieving the lowest possible historical volatility over the analyzed period with the involved assets. As such, it exhibits the least risk of all our portfolios, and is therefore suited especially for very risk adverse investors with conservative growth expectations.Please note that this portfolio might use leveraged ETF and single stocks. Should these not be allowed in your retirement account please see our 401k and IRS compatible Conservative, Moderate, and Aggressive Risk Portfolios. Contact us for special requirements.

Portfolio: Moderate Risk Portfolio: Recommended for: Capital accumulation, savers and investors 10–20 years from retirement. The Moderate Risk Portfolio is appropriate for an investor with a medium risk tolerance and a time horizon longer than five years. Moderate investors are willing to accept periods of moderate market volatility in exchange for the possibility of receiving returns that outpace inflation by a significant margin.Tobe compatible with most retirement plans, this Portfolio does not include our Maximum Yield Strategy and leveraged Universal Investment Strategy. If you are using a more flexible account you can choose from our unconstrained portfolios in the Portfolio Library.We also offer a version for 401k plans which do not allow individual stocks.

Strategy: NASDAQ 100 Strategy: The Nasdaq 100 Strategy is a good way to ride the extraordinary momentum of the Nasdaq 100 Index while keeping some protection from market downturns. It is also a great alternative for stock-pickers looking for a rules-based stock selection strategy.The strategy uses a risk-adjusted momentum algorithm to choose the top four Nasdaq 100 stocks with a variable allocation to treasuries or gold to smooth the equity curve and provide crash protection in bear markets. The strategy combines well with our more conservative strategies, such as the Bond Rotation Strategy or BUG, or with one of our non-U.S. equity strategies such as World Top 4, to form a well balanced portfolio.The existence of price momentum has been heavily studied and well documented over the years. It reveals itself in assets that have strong absolute performance or performance relative to their peers. Logical Invest has exploited asset class and sector momentum in many of our strategies for years. We have found individual stock momentum tends to be an even stronger force, particularly in the top NASDAQ stocks. When properly identified, it can be capitalized on to provide an investment edge.During bull markets, and especially “risk off” periods, the strongest NASDAQ stocks typically beat the market handily. However, they can also get ahead of themselves which makes them more vulnerable during “risk on” periods. To manage those challenges, the strategy incorporates several advanced methodologies:Mean Reversion — Momentum is based on the principle of buying high and selling higher, however, as most investors have experienced, stocks that rise too quickly can also have short-term corrections. The strategy uses a mean reversion component to penalize stocks that rise too much or too fast.Protection — The strategy allocates a portion to treasuries to balance out the supercharged Nasdaq momentum stocks. This improves risk adjusted returns and moderates strategy drawdowns. The model also allocates more to treasuries if the overall Nasdaq 100 index exhibits momentum weakness.Intelligent Ranking — Our algorithms ensures we get the right blend of stocks that work well together and have an allocation to each individual stock that reflects its volatility in relation to other stocks.

Strategy: NASDAQ 100 Low Volatility Strategy: The NASDAQ 100 is a sub-strategy.

Strategy: Enhanced Permanent Portfolio Strategy: The classic permanent portfolio was created by Harry Browne. The idea was that a portfolio should be diversified enough to get you through a wide variety of economic and market environments and simple enough that even a child could do it. Originally it consisted of the following allocations:25% in U.S. stocks25% in long-term bonds25% in gold25% in cashThe Logical Invest permanent portfolio is somewhat more sophisticated, rebalances monthly and is not always split evenly across the three main assets. It can adapt to market conditions by putting more weight on gold or treasuries and less on equity depending on market conditions.

Strategy: Leveraged Universal Investment Strategy: The 3X Universal Investment Strategy (UISx3) is a leveraged version of our core Universal Investment Strategy (UIS), an evolved, intelligent version of the classic 60/40 equity/bond portfolio that can adapt to current conditions, shifting portfolio weight away from stocks in difficult markets and adding weight to equity in bull runs.The 3x leveraged version of the strategy employs SPXL, TMF and UGLD, which are the leveraged versions of the S&P 500 ETF, the Treasury 20+ year ETF and the Gold ETF. Unlike the base UIS, the leveraged version only uses TMF and UGLD to hedge SPXL exposure.The UISx3 is appropriate for investors who are comfortable taking on higher risks in exchange for the potential for of higher returns. Because leveraged ETFs are used, we recommend allocating no more than 15% of your total portfolio to this strategy.

Strategy: Universal Investment Strategy: Mitigate market drawdowns and preserve capital when markets correct: The Universal Investment Strategy (UIS) is one of our core investment strategies. It is an evolved, intelligent version of the classic 60/40 equity/bond portfolio. Much like the classic portfolio, UIS holds both the S&P 500 index and bonds. However, UIS can intelligently adapt to current conditions by shifting weight away from stocks in difficult markets and adding weight in bullish markets.Instead of using simple bond ETF, UIS uses a sub-strategy, called HEDGE, which can choose between different types of safe-heaven ETFs.The equity/bond (or in our case equity/HEDGE) pair is interesting because most of the time these two asset classes profit from an inverse correlation. If there is a real stock market correction, usually ETFs included in the HEDGE strategy (Treasuries, Gold, etc) are the ‘safe’ assets where money flows to, providing crash protection.

Strategy: US sectors long worst US sectors: Investment Portfolio: A sub-strategy for the U.S. Sector strategy. It goes long the worst performing U.S. sectors assuming they may rebound.

Strategy: US Sector Rotation Strategy: The U.S. Sector strategy allocates dynamically between four long U.S. sector sub-strategies and one short U.S. sector strategy. Each of the four long sub-strategies use different momentum and mean reversion criteria. The short U.S. sector sub-strategy is used as a hedge to limit losses in case of a large market correction.Due to the low correlation of these strategies, the combination creates a strategy with a considerably higher Sharpe Ratio than a simple sector rotation. The addition of the negatively correlated short strategy significantly reduces volatility and drawdowns during difficult market periods.What makes this strategy interesting is that it does not rely on either treasuries or bonds to hedge in times of market stress, it uses the short US sector strategy instead. The hedging mechanism is purely “short equity” and unrelated to whether interest rates rise, a common concern when holding bonds in a portfolio.The strategy uses SPDR sector ETFs, but you can replace these with the corresponding sector ETFs or futures from other issuers.US sectors have historically been good for trend following systems because each sector usually over or under performs for long periods at a time due to longer lasting economic cycles and not just short-term market fluctuations.The economy itself is not a linear stable system, but swings between periods of expansion (growth) and contraction (recession). This results in a series of market cycles which are visualized in the following picture.Source: http://www.nowandfutures.com(Global Business Cycles)Each market cycle favors different industry sectors. The goal of a good working strategy is to choose the best performing sectors while avoiding or even shorting the worst performing sectors.You can read the original strategy whitepaper for more details.

Portfolio: Volatility less than 10%: This portfolio has been optimized for achieving the highest possible return while limiting the historical volatility to 10% or less over the analyzed period with the involved assets. As a reference, the volatility limit of 10% is about two thirds of the volatility, or risk, of the SPDR S&P 500 (SPY).As such it is a conservative Portfolio suited for risk adverse investors with moderate growth expectations.Please note that this portfolio might use leveraged ETF and single stocks. Should these not be allowed in your retirement account please see our 401k and IRS compatible Conservative, Moderate, and Aggressive Risk Portfolios. Contact us for special requirements.

Portfolio: Volatility less than 15%: Mitigate market drawdowns and preserve capital when markets correct: This portfolio has been optimized for achieving the highest possible return while limiting the historical volatility to 15% or less over the analyzed period. As a reference, the volatility limit of 15% is slightly below the historical volatility, or risk, of the SPDR S&P 500 (SPY). This is an aggressive portfolio suited for investors with a relatively high risk tolerance and aggressive growth expectations.Please note that this portfolio might use leveraged ETF and single stocks. Should these not be allowed in your retirement account please see our 401k and IRS compatible Conservative, Moderate, and Aggressive Risk Portfolios. Contact us for special requirements.

Portfolio: Volatility less than 7%: Mitigate market drawdowns and preserve capital when markets correct: This portfolio has been optimized for achieving the highest possible return while limiting the historical volatility to 7% or less over the analyzed period with the involved assets. The volatility limit of 7% equals about half the volatility, or risk, of the iShares 20+ Year Treasury Bond ETF — TLT.As such it is a very conservative Portfolio suited for very risk adverse investors with conservative growth expectations.Please note that this portfolio might use leveraged ETF and single stocks. Should these not be allowed in your retirement account please see our 401k and IRS compatible Conservative, Moderate, and Aggressive Risk Portfolios. Contact us for special requirements.

Strategy: World Top 4 Strategy: The World Country Top 4 Strategy is a momentum driven strategy that invests in the top four single country ETFs. It will add geographic diversity to your portfolio with significant non-U.S. equity exposure.The strategy consists of four sub-strategies. Each sub-strategy invests in the best country ETF in a specific geographic area (i.e., Africa, Asia, Latin America, etc). These strategies are then combined to yield four country ETFs that come from different geographic segments, thus avoiding overconcentration. So even if one region is outperforming all the other areas, this strategy will still diversify among three additional top performing regions.Like our other equity-based strategies, this strategy is hedged with a sub-strategy (HEDGE) that includes, amongst others, safe heaven assets like treasuries and gold.

Portfolio: Aggressive Risk Portfolio: Recommended for: Capital growth, speculation and young investors.The Aggressive Risk Portfolio is appropriate for an investor with a high risk tolerance and a time horizon longer than 10 years. Aggressive investors should be willing to accept periods of extreme ups and downs in exchange for the possibility of receiving higher relative returns over the long term. A longer time horizon is needed to allow time for investments to recover in the event of a sharp downturn. This portfolio is heavily weighted with stocks which are historically more volatile than bonds.Tobe compatible with most retirement plans, this Portfolio does not include our Maximum Yield Strategy and leveraged Universal Investment Strategy. If you are using a more flexible account you can choose from our unconstrained portfolios in the Portfolio Library.We also offer a version for 401k plans which do not allow individual stocks.

Strategy: NASDAQ 100 Balanced unhedged: The NASDAQ 100 is a sub- strategy that uses proprietary risk-adjusted momentum to pick the most appropriate 4 NASDAQ 100 stocks. It is part for the Nasdaq 100 hedged strategy where it is combined with a variable hedge.

Strategy: NASDAQ 100 Leaders Strategy: The NASDAQ 100 leaders is a sub- strategy that uses proprietary risk-adjusted momentum to pick the most appropriate 4 NASDAQ 100 stocks. It is part for the Nasdaq 100 hedged strategy where it is combined with a variable hedge. $GLD #savings #money

Strategy: Short Term Bond Strategy: The Short Term Bond Strategy is essentially a place to park cash that earns interest. When combined with other higher risk strategies it creates a lower risk portfolio and generally improves the portfolio’s Sharpe ratio. If your broker pays interest on cash balances that is comparable to the current yield of this strategy, you can choose to keep this allocation in cash instead.

Strategy: Dow 30 Strategy: We developed the Dow 30 Top 4 Strategy some years ago together with the Nasdaq 100 strategy. We waited to published it because the Nasdaq 100 Top 4 Strategy was outperforming the Dow Strategy in the technology driven bull market we’ve had in recent years. Going forward however, the Dow 30 Top 4 Strategy could be very beneficial, as stock picking becomes much more important in volatile, sideways moving markets.The performance of the Dow 30 strategy is quite similar to the simpler US Market Strategy, however in volatile markets like this year, the stock picking Dow 30 outperformed. Notably, the February drawdown was only half of the US Market Strategy as the Dow Strategy excludes high volatility stocks.

Strategy: US Market Strategy: The U.S. Market Strategy was designed as an alternative to our Universal Investment Strategy which allocates between SPY (S&P 500 ETF) and TLT (U.S. Treasuries ETF). The equity component of this new strategy switches between SPY (S&P500), QQQ (Nasdaq 100), DIA (Dow 30) and SPLV (S&P 500 low volatility) so it can take advantage of different market conditions. The addition of SPLV provides a good defensive option in times of high market volatility. In addition to U.S. equities, the strategy utilizes a hedge strategy that switches between TLT, TIP, UUP and GLD.The strategy’s backtests performed substantially better than a simple SPY-TLT investment. All of the component ETFs are very liquid with small spreads making them easy to trade with negligible costs.

Portfolio: Moderate Risk Portfolio for 401: Recommended for: Capital accumulation, savers and investors 10–20 years from retirement. The Moderate Risk Portfolio is appropriate for an investor with a medium risk tolerance and a time horizon longer than five years. Moderate investors are willing to accept periods of moderate market volatility in exchange for the possibility of receiving returns that outpace inflation by a significant margin.Tobe compatible with most retirement plans, this Portfolio does not include our Maximum Yield Strategy and leveraged Universal Investment Strategy. If you are using a more flexible account you can choose from our unconstrained portfolios in the Portfolio Library.We also offer a version for plans which do allow single stocks.

Strategy: Leveraged Gold-Currency Strategy: The Leveraged Gold-Currency Strategy takes advantage of the historically negative correlation between gold and the U.S. dollar. It switches between the two assets based on their recent risk adjusted performance enabling the strategy to provide protection against severe gold corrections due to dollar strength. It is an excellent addition to existing equity or bond portfolios as it holds very little correlation to either.This version of the strategy uses inverse leveraged ETFs to generate higher returns, but some retirement accounts are restricted from trading these ETFs. GLD-UUP provides an alternate form of the strategy without leveraged ETFs which also lowers the overall return and volatility.

Portfolio: Aronson Family Taxable Portfolio: Ted Aronson is an asset manager. His family taxable account portfolio has been featured and tracked by MarketWatch.com’s lazy portfolios, maintained by Paul Farrel. The lazy portfolio has done very well prior to 2008–2009 crash.

Portfolio: Fundadvice Ultimate Buy & Hold: Paul Merriman’s Fundadvice Ultimate Buy & Hold. Another Lazy Portfolio that is tracked by MarketWatch.Merriman describes it: The “ultimate” portfolio starts with the S&P 500 index SPX then adds small and equal portions of nine other very carefully selected U.S. and international asset classes, each one being an excellent long-term vehicle for diversifying. When it’s properly done, the result is a low-cost portfolio with massive diversification that will take advantage of market opportunities wherever they are, and at about the same risk as that of the SP 500.”

Portfolio: Coffeehouse Portfolio: The Coffeehouse Portfolio was popularized by financial advisor Bill Schultheis in the best-selling book The Coffeehouse Investor. It is part of what we could call “Lazy Portfolios”.The Coffeehouse Portfolio consists of 7 funds. It starts with a 60/40 stock bond allocation. The 60% in stocks is allocated to a large-cap fund, a large-cap value fund, a small-cap fund, a small-cap value fund, an international fund, and a REIT fund.

Portfolio: Margaritaville Portfolio: The Margaritaville portfolio was proposed by Scott Burns, a popular Dallas Morning News financial columnist. It consists of one part total stock index, one part international stock index, and one part inflation-protected Treasury securities

Portfolio: Dr. Bernstein’s No Brainer Portfolio: Dr. William Bernstein is a physician and neurologist as well as a financial adviser to high net worth individuals. This one’s so simple: Allocate 25% in each of four index funds diversified across basic categories.

Portfolio: Dr. Bernstein’s Smart Money Portfolio: Dr. William Bernstein is a physician and neurologist as well as a financial adviser to high net worth individuals.

Portfolio: Second Grader’s Starter: The Second Grader’s Starter Portfolio is a Lazy Portfolio proposed by Paul Farrell. It was meant as a portfolio solution to a very small investor, with a long investment horizon. Farrell gives an example of 8-year old Kevin who got a $10,000 gift form his gramdmother. With a time horizon of 30+ years, the portfolio uses no load, low-cost index funds. It splits the money into 60% Total Stock Market Index, 30% Total International Stock and 10% Total Bond Market Index.

Portfolio: Yale U’s Unconventional Portfolio: David Swensen is manager of Yale University’s endowment fund. He has addressed how investors should set up and manage their investments in his book, Unconventional Success: A Fundamental Approach to Personal Investment.The Swensen portfolio consists of six core asset class allocations:US equity: 30%Foreign developed equity: 15%Emerging market equity: 5%US REITS: 20%US Treasury bonds: 15%US TIPS: 15%

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courtneyvbrooks87 · 6 years ago

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Bitcoin Trading Bots: Machines Taking the Lead

Bitcoin trading bots have been getting attention from crypto traders. Claims of automated trade signals, 24/7 trading opportunities, and virtually 100 percent uptime are enough to turn any serious crypto trader’s head. There are dozens of competitors in the bitcoin trading bots space, each vying for your business.

However, make sure you’re not so bedazzled by their high-tech algorithms that you fail to realistically assess whether or not you’re actually a suitable candidate to trade them.

What is a Bitcoin Trading Bot

Simply stated, these bots are computer programs that generate Bitcoin buy and sell signals. Also known as trading algorithms, these programs connect via API to your trading exchange account. The big idea is to automate your crypto trading to the maximum degree possible, eliminate subjective trading decisions and exploit trading ops that occur when you’re not able to monitor the markets.

Typically, the bot software runs in the following environments:

The cloud

A web-based application

A VPS (Virtual Personal Server)

Bots R Us

Cryptotrader.org, BTC Robot.com, Gekko.wizb.it, 3Commas.io, Cryptohopper.com, Gimmer.net, Gunbots.com, and at least a dozen other firms market their bots online. You’ll need to examine the potential advantages and disadvantages of their respective offerings. Here are a few tips to help ferret out the best possible set of bots for you:

Make sure the bot runs on the cloud, not on your computer. If you have an internet or electrical outage, computer crash or another mishap that renders your Mac or PC useless, you’ll be very happy to know your bot will keep performing without interruption.

Verify that your trading bot provider (TBP) offers an extensive array of technical indicators from which to build your trading strategy.

Further, make certain that your TBP also offers a good strategy back testing utility. Never trade a bitcoin (crypto) bot strategy until you’ve extensively back tested and forward tested it.

Your TBP should also offer a simulated trading feature. This is a must-have, especially if you are new to the world of trading system development. You can verify the strengths and weakness of your new bot strategy on real-time crypto data but without the risk of losing any money.

Gimmer offers a wide range of crypto trading bots. You’ll need to buy and hold a specific amount of their GMR tokens to be permissioned for each one. Image: Gimmer.net website, January 8, 2019

Scalability, Client Support, and User Groups

Your TBP should also excel in these critical areas, too –

Your bitcoin bot firm needs to offer API connectivity to as many reputable crypto exchanges as possible. This is especially true if you’re going to be trading arbitrage strategies that exploit coin mispricing across various exchanges.

Ascertain that reliable, useful client support is available. If you bot has a three AM identity crisis and forgets what to do -and when – you (and your trading account equity) could be in big trouble. Being able to ring up a friendly, knowledgeable support agent at such times is invaluable.

If your TBP offers a dedicated users group, you can greatly shorten your trading system learning curve. Even better, if they offer a trading bot marketplace, you may be able to buy or lease a winning bot strategy, rather than having to build one yourself.

Other Critical Bot Whatnot

Measure the cost-effectiveness of your trading bot. Make sure that the bot can typically make more in profits than the inevitable costs of commissions, slippage, bot subscription fees, and capital gains taxes will eat up. If you can’t program a consistently winning bot, there’s no reason to use one.

A Look at One Bitcoin Bot Firm

Gimmer.net is a TBP that offers its own VPS to clients. However, it comes at a price:

“With the VPS you will not have to worry about losing connection to the internet, power outages in your home or if your computer crashes. Simply subscribe to the VPS service and all necessary data is sent to a cloud computer that is unique and private.”

Gimmer apparently has a number of upgrades planned for 2020 and beyond. The ‘spread’ and ‘triangular arbitrage’ bots are now live. Image: Gimmer.net website, January 8, 2019

Gimmer’s VPS will set you back $25 in purchases of its GMR token per month. Additionally, to use any of Gimmer’s trading bots, you’ll need to buy and hold between 200 and 500 of the same tokens. The bots are programmed to handle many niche trading styles, such as:

Non-leveraged trading (garden-variety, directional strategies).

Margin trading, with high leverage multiples available.

Lending (you can make loans in various cryptos)

Scalper (coded to grab quick gains with small losses)

Portfolio-based strategies (may lessen drawdowns, assists with diversification)

Arbitrage (exploiting inter-exchange price differentials)

Triangular arbitrage (similar to arbitrage, but uses three or more coins)

Spreads (go long one coin even as you short another (a popular mean-reversion strategy).

Additionally, all Gimmer clients receive a free trading bot:

“A standard automated crypto trading bot is offered for free. This includes the use of one indicator, one safety and one pair, without leverage.”

Like most other TBPs, Gimmer offers API connectivity to many major exchanges, including Binance, Bitfinex, BitMEX, Bittrex, Cobinhood, Hubii, Kraken, KuKoin, Poloniex, and XTRADE.IO.

Is a Bitcoin Trading Bot Right for You?

Maybe. Maybe not. It all depends on your trading style, account equity size, trading experience, and personal goals. If you have a sound trading system development education, you’ll probably be able to easily build or find a trading bot that will suit you. If you know how to deal with software issues quickly or have instant access to those who can help you diagnose and repair bot-related issues, then you may also be a good trading bot candidate.

However, if you naively believe that making money in Bitcoin or any other crypto is a simple, effortless process that simply requires the push of a button, then you may be sorely disappointed. Successful trading is hard work. If any novice trader could buy a retail bitcoin bot, trade it with $100,000 and make $50,000 per annum, year after year, the crypto markets would progressively render such a strategy ineffective.

Say 5,000 Bitcoin traders use the same winning bot this year. It makes 40 or 50 percent gains. As word of its success spreads, next year maybe 50,000 traders will start using it. Over time, professional and institutional traders will be able to trade against the bot with great effectiveness, thus neutralizing it. Too many traders will be chasing its trade signals on one side of the market, and that’s when the pros come in for the retail trader kill.

This is one reason why you never market a trading system that you personally want to continue making money with. Think about that the next time you’re tempted to buy some trading guru’s $5,000 crypto trading system.

Bitcoin Bot Plusses and Minuses

Advantages

Your trading bot can act on trade signals faster than you can.

Exploit opportunities 24/7. Some big market moves begin in the evening session and then gain even more traction as the herd piles in the next morning.

Lack of system building training isn’t a problem. You can buy or lease potentially effective Bitcoin bots from other developers.

Artificial Intelligence (AI) will become very prominent in the bitcoin bot world within a few years. It’s conceivable that future bots will be able to auto-optimize your trading signals in real-time. AI may also help you select an ideal mix of bot trading strategies for your portfolio.

As more crypto traders trade shorter-term, bot-based strategies, crypto market volatility may actually decrease. This may occur due to a massive increase in coin market caps and liquidity.

Disadvantages

Short-term trading has high commission and slippage costs.

Lack of crypto market liquidity at certain hours of the day. A big new event in the wee hours might trigger a needless losing trade.

Risk of flash crashes. Ironically, these are usually caused by institutional trading bots.

Outages on an exchange, technical problems with the bot, communication or computer issues.

The cost of the bot subscription itself.

The need to continually monitor your bot’s performance and reliability.

You must know how to effectively re-optimize your trading bot.

If your bot provider isn’t 100 percent cloud-based, you’ll have ongoing VPS costs.

Hard Work, Education, Self-Discipline, and Overrides

System trading education, money management skills, sound trader psychology, and an extensive TA education is a must for profitable automated crypto trading results. You can’t simply build a quickie system with canned indicators, hit the ‘run’ button and expect to generate a living from your bitcoin trading bot. However, you might become a consistently profitable bitcoin bot trader if you work hard at developing the above-mentioned trading disciplines.

A final word of wisdom to consider when running a fully-automated Bitcoin trading bot, make of this what you will:

Never takes your eyes off off your trading screen. Ever. Do not place 100 percent confidence in your trading bot, computer software or hardware. Crypto market conditions can change rapidly, potentially creating scenarios that your bot was never designed to deal with. You must continually supervise your bot or risk waking up to an unpleasant, money-losing surprise one morning.

Never underestimate your inherently superior reasoning abilities to that of a machine or algorithm. Be ready, able and willing to step in and override your bot any time it encounters hyper-volatile crypto market conditions.

Original Source http://bit.ly/2slWRiQ

#IFTTT #Cryptocurrency and Bitcoin

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