Canadian Dollar May Rise on Firming Market Sentiment ...

Since I angered some Chads on /r/investing here's why I think China is the next "big short".

Fellow idiots,
I posted this comment which seems to have angered the highly sophisticated /investing community. I don't mind being downvoted but at least provide some counter arguments if you're going to be a dick. So in the pursuit of truth and tendies for all, I have prepared some juicy due diligence (DD) for WSB Capital on why China is on the verge of collapse.
TL;DR at the bottom.
Point 1: Defaults in China have been accelerating aggressively, and through July 2019, 274 real estate developers filed for bankruptcy, up 50% over last year. A bonus? Many Chinese state controlled banks have been filing for bankruptcy as well. Just google "china bank defaults" or something similar. Notice how many articles there are from 2019? When the banking system fails, everything else usually fails too.
Point 2: The RMB has depreciated significantly. Last time this happened, in 2015-2016, there was a significant outflow of foreign invested capital. According to the IIF, outflows reached $725bn due to the currency depreciation.. This time is different why again? I have heard some arguments why there will be less outflow this time, but I struggle to buy them.
Point 3: Despite wanting to operate like a developed economy, China still has not been able to shrug off the middle income trap. Their GDP per capita is comparable to countries we normally associated with being developing/emerging markets. Tangentially related to point 10.
Point 4: China is an export-dependent economy, with about 20% of their exports contributing towards their GDP. Less exporting means less GDP, less consumption (because businesses make less money, they pay people less, who in turn spend less), which has a greater effect on GDP than any declines in exports would have at face value. Guess what? Chinese exports dropped 1% in August, and August imports dropped -1%, marking the 5th month this year of negative m/m export growth..
Point 5: Business confidence has been weak in China - declining at a sustained pace worse than in 2015. When businesses feel worse, they spend less, invest less in fixed assets, hire less until they feel better about the future. Which takes me to my next point.
Point 6: Fixed asset investment in China has declined 30 percentage points since 2010. While rates are low, confidence is also low, and they are sitting on a record amount of leverage, which means they simply will not be able to afford additional investment.
Point 7: They are an extremely levered economy with a total debt to GDP ratio of over 300%, per the IIF, which also accounts for roughly 15% of global total fucking debt. Here's an interview with someone else talking about it too.
Point 8: Their central bank recently introduced a metric fuckton of stimulus into their economy. This will encourage more borrowing....add fuel to the fire. Moreover, the stimulus will mechanically likely weaken the RMB even more, which could lead to even more foreign outflows, which are already happening, see next point.
Point 9: Fucking LOTS of outflows this year. As of MAY, according to this joint statement, around 40% of US companies are relocating some portion of their supply chains away from mainland. This was in May. Since May, we have seen even more tariffs imposed, why WOULD companies want to stay when exporting to the US is a lot more expensive now?
Point 10: Ignoring ALL of the points above, we are in a global synchronized slowdown, with many emerging market central banks cutting rates - by the most in a decade. Investors want safety, and safe-haven denominated assets are where we have seen a lot of flocking into recently. Things that can be considered safe-havens have good liquidity, a relatively stable economy, and a predictable political environment.
Would love to hear opposing thoughts if you think China is a good buy. I am not against China, nor any other country for that matter, but I am against losing money (yes, wrong sub etc.), and I can not rationalize why anyone would be putting in a bid.
TL;DR: the bubble is right in front of your face, impending doom ahead, short everything, fuck /investing.
Edit, since you 'tards keep asking me how to trade this, there are a few trades that come to mind:
*not investment advice*
submitted by ComicalEconomical to wallstreetbets [link] [comments]

Why Trading Execution and High-Frequency Trading Algorithms Are Gaining Popularity

fintech #trading #algotrading #quantitative #quant

Why Trading Execution and High-Frequency Trading Algorithms Are Gaining PopularityTypes of Algorithm Trading Strategies in FX Talking Points:The rise of algorithms in FXExecution algorithm and high-frequency trading dominate the marketThe difference between high-frequency trading and execution algorithm When looking at algorithmic trading, we can see that it has become more and more popular because of its speed and ability to minimize risk. It accounts for a large portion of trades, which is why it is important for traders to understand the different trading strategies. What Is the Purpose for Algorithm Trading Strategies? Since algorithm trading is based on a rule-based process, it has the ability to avoid human behavioral biases that can otherwise create large risks and losses. However, to successfully use this method, rules need to be pre-decided, and there is absolutely no place for subjectivity hence, why it is referred to as a rule-based process. What Are the Main Types of Al.....
Continue reading at: https://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2019/05/09/Why-Trading-Execution-and-High-Frequency-Trading-Algorithms-Are-Gaining-Popularity.html
submitted by silahian to quant_hft [link] [comments]

Quite sure that was intentional :^)

Quite sure that was intentional :^) submitted by digitalfakir to Forex [link] [comments]

Why isnt the dollar tanking, and why is gold crashing? It makes no sense.

This is the best tl;dr I could make, original reduced by 73%. (I'm a bot)
The premium for liquidity combined with rates plunging across major central banks did not bode well for anti-fiat gold prices.
A price war triggered by Saudi Arabia plunged oil prices in their largest drop since 1991.The risk of volatility remains high with all eyes on stimulus measures from governments and central banks.
Speculation for lower US interest rates may curb the recent pullback in the price of gold as the Federal Reserve is widely expected to deliver another rate cut in March.
US Dollar Forecast: Fed Boosts Liquidity, Expected to Slash Rates Again Next Week.The 'V-shaped' recovery in the US dollar continues despite the Fed announcing a massive USD1.5 trillion liquidity pump on Thursday to arrest a further breakdown in the financial system.
British Pound Forecast: GBP/USD Tumbles in Worst Week Since 2009.The British Pound fell the most since 2009 versus the US Dollar last week, prolonging downside breakouts in GBP/USD and GBP/JPY as EUGBP soared.
US Dollar Technical Analysis: Can USD Add to Explosive Rise?The US Dollar roared higher last week, posting its best performance since October 2008 at the heart of the global financial crisis.
Summary Source | FAQ | Feedback | Top keywords: price#1 Week#2 Dollar#3 since#4 rate#5
Post found in /Economics and /ForexResources.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Crude Oil Price Slumps into Bear Market Territory

https://www.dailyfx.com/forex/market_alert/2019/08/07/Crude-Oil-Price-Slumps-into-Bear-Market-Territory.html
submitted by MrCrickets to investing [link] [comments]

SILVER SHOWING SIGNS OF A BULLISH PENNANT SET-UP

"Silver’s recent run up to multi-month highs has also slowed but recent price action suggests a bullish flag formation may be forming which, if completed, could see silver threatened the $20.00/oz. level ahead of the July 2016 high at just over $21.00/oz. All three moving averages remain supportive while the CCI indicator is drifting back out of overbought territory. There are recent support levels between $18.05/oz. and $18.35/oz. that should prove resilient.
The gold/silver ratio is currently 82.66."
https://www.dailyfx.com/forex/market_alert/2019/09/03/Gold-Price-Turning-Positive-Silver-Price-Eyes-Fresh-Highs.html
submitted by whineknot to Silverbugs [link] [comments]

GBP/USD Forecast: Levels to Watch, Crude Oil Prices Plunge - US Market Open

GBP/USD Forecast: Levels to Watch, Crude Oil Prices Plunge - US Market Open
https://preview.redd.it/ill9h00yqqc41.png?width=414&format=png&auto=webp&s=24135ff154a236a3dea55410aad5e16c08f0cb3c

GBP: Today’s stellar PMI report will likely see the Bank of England refrain from lowering interest rates at the January meeting. In the wake of the release the Pound came under pressure in a “buy the rumour, sell the fact” type fashion with market participants anticipating a better than expected release amid the recent sentiment surveys (CBI). That said, money markets are little changed a still price in a 50% likelihood of a cut, which in turn could see the Pound push higher if the BoE stands pat on policy. Although, gains are may be somewhat limited with the BoE likely to remain cautious.
EUR: While German PMIs further echoed the stabilisation in Eurozone data, this was brushed aside with the Euro continuing to edge lower. In the near-term, focus will be on Italy, where a regional election could see political uncertainty pick up once again in the region.
Crude Oil: Oil prices have continued to decline and is on course for its largest drop since September 2018. Supply disruption risks from Libya and OPEC jawboning have thus far failed to provide support as concerns over easing jet fuel demand stemming from the coronavirus outbreak persists. That said, while the impact of coronavirus on the oil market is difficult to assess, focus will be on China’s ability to contain the virus.
submitted by dailymarketsignals to u/dailymarketsignals [link] [comments]

XMas rally?

What are your expectations when it comes to short term and long term price development, do you see a XMas rally incoming?
Think the chances are quite good and the reason would be hunt for liquidity by the big boys. Let me explain a bit:
I personally think that big money has taken over and it is no longer about technology when it comes to BTC. Since the introduction of BTC futures things have changed and it is now just a casino. Trading index and commodity futures and price movements there are optimized to "use" retail traders for liquidity so i would expect the same is now the case for BTC.
Since BTC trading is far less regulated and some players can even move the markets by themselves or Tether, betting on futures could be used as amplifier. Just a few days ago the sudden spike wiped out 60M in short positions on the futures for example. That is nice pocket money for a whale. Now as discussed it is all about the liquidity in trading, since paper gains on any assets only become real once they are actually realized.
We have seen a dramatic raise to ATH. After that a drop to levels, where it would be barely profitable to keep infrastructure running. After that a raise over 10k, which created another wave of inflow of liquidity due to FOMO. This was a great opportunity to cash out for the big boys, they love to sell into all the FOMO buying of small investors (not just BTC). Now how will it continue ? What would be the next opportunity to generate liquidity to cash out?
We have dropped significantly from the last spike already. But XMas is at the doorstep and that could also attract some precious liquidity, especially if price would raise again over important levels like 10k and BTC would therefore be in the mainstream news....

If you are looking for more background info about liquidity and big money this is a really good video:
https://www.youtube.com/watch?v=T5UpXhYXnAM
You could also read about the IG client sentiment indicator and price development (on USD/AUD f.e. it is nicely visible)...
https://www.dailyfx.com/forex/technical/ssi/2019/10/22/AUDUSD-201910221423.html
My advice would be to make sure you are green, when all the dust settles. Diversify your investments and remember to play like the big boys: only realized profits are "real". Buy low sell high, do not HODL everything, because in this game someone will hold the bag in the end and it is usually the small investor. Times have changed, it is no longer about technology.
submitted by Biotic101 to Bitcoin [link] [comments]

Dow Jones, S&P 500, Nasdaq 100 Extremes Signal Pullback Likely Near

Dow Jones, S&P 500, Nasdaq 100 Extremes Signal Pullback Likely Near
https://preview.redd.it/l4wj1yupmq741.png?width=680&format=png&auto=webp&s=fd566287956843e19f0b6c2b471a0ac2535a6b3f

DOW/S&P 500/NDX OUTLOOK:

  • Indices significantly above long-term MAs, pullback risk high
  • It may not mark ‘the’ top, but should give traders some volatility to trade

INDICES SIGNIFICANTLY ABOVE LONG-TERM MAS, PULLBACK RISK HIGH

On Friday, I discussed the potential for the Nasdaq Composite to treat the 10k threshold in 2020 as it did 5k back in 2000 – a major top. But before possibly seeing the 10k mark achieved we may first see a correction develop.
The NDX is currently trading nearly 2.7 standard deviations above the 200-day MA, an impressive feat to say the least. Only about 0.6% of days since the 2009 low has the index traded at such an extreme to the long-term moving average. Each time extremes of this magnitude were record it not long after coincided with a corrective move. The last instance was in January 2018.
The S&P 500 and Dow Jones are sitting in similar situations to a slightly lesser degree. A reversion back towards the 200-day MA seems reasonable given where we are today. It is possible some of the overbought conditions are worked off via time, but there is almost certainly going to be some relatively steep losses as part of the corrective sequence that give shorts the upper hand.
But before going out and trying to pick a top, it’s a good idea to wait for some confirming price action. That is, wait for a sudden break lower that indicates a willingness by market participants to hit the bid, something we have seen none of lately. We might be near a pullback in terms of time, but the final push higher can be sharp and painful if caught on the wrong side.
With a sudden break and downside price action, higher volatility will help give better traction for those traders looking to take advantage of short-term swings. Given that January often brings a lot of participation and the market is primed to move, the next few weeks could be an exciting frame.
submitted by dailymarketsignals to u/dailymarketsignals [link] [comments]

Botando em perspectiva a inversão da curva dos bonds

https://www.dailyfx.com/forex/fundamental/article/special_report/2019/08/15/SP-500-US-Dollar-Gold-Emerging-Market-Outlook-What-Happens-After-US-Yield-Curve-Inverts.html?DFXfeeds=forex:fundamental:article:special_report
Acho importante ressaltar que, se a inversão da curva foi um ótimo instrumento pra prever recessões até hoje, o topo nos mercados de ações americanos só veio muito depois, e o comportamento de outros ativos, inclusive mercados emergentes, também não seguiu imediatamente os caminhos mais óbvios.
Quer dizer, assim como há risco (alto) de estar no mercado de renda variável, há o risco também de estar fora do mercado e perder uma boa perna de alta.
submitted by InexistentKnight to investimentos [link] [comments]

Australian Dollar Could Struggle With RBA Rate Call, GDP Figures

Australian Dollar Could Struggle With RBA Rate Call, GDP Figures
Australian Dollar Could Struggle With RBA Rate Call, GDP Figures

  • The Reserve Bank of Australia is thought unlikely to cut rates, but is likely to sound dovish
  • Australian growth figures may well disappoint given business investment weakness
  • Bullish trade headlines might negate both and boost the Aussie, but they’re unpredictable
Find out what retail foreign exchange traders make of the Australian Dollar’s prospects right now, in real time, at the DailyFX Sentiment Page
In the coming week Australian Dollar markets might just be able to look past the US-China trade story, at least for a while, as they contemplate a packed period of local economic news. Whether this will be good news for the currency’s bulls, however, is a very open question.
Out on front of course will be Tuesday’s monetary policy decision from the Reserve Bank of Australia. Market positioning is at present quite emphatic that no move is coming, and the Official Cash Rate will remain at its record, 0.75% low once the central bank’s deliberations are over. However, the RBA itself conceded in the minutes of its last meeting that the case for an interest rate cut could be made then, an admission which knocked the Aussie earlier this month. Given that little has clearly changed for the better since, the chance of a cut on Tuesday must still be ‘live’ even given those market doubts.
submitted by dailymarketsignals to u/dailymarketsignals [link] [comments]

Late to the Tea Party

So...missed out on the talks going up 200 pips or so, now eagerly awaiting sobriety from everyone that all they did was say they were going to still talk. Wouldn't mind catching a few on the pull back. Anybody have any helpful tips on when to counter this already slowing gain?
https://www.dailyfx.com/forex/market_alert/2019/10/10/british-pound-gbp-surges-as-varadkar-hints-at-brexit-deal.html
submitted by kinkbots to Forex [link] [comments]

When will be the best time to invest Bitcoin again?

Bitcoin price has been less volatile lately compared to 6 months ago. As the price becomes more stable, consumers are starting to think about investing in Bitcoin again.
https://www.finstead.com/bite/Bitcoin-bull-case-bear-case-September-20-2018
https://www.forbes.com/sites/cbovaird/2018/09/06/is-now-a-good-time-to-buy-bitcoin/#3f6b93dd7960
https://www.dailyfx.com/forex/market_alert/2018/09/20/Bitcoin-and-Ethereum-Price-Analysis-Are-Dips-a-Buying-Opportunity.html
Do you think it is a good time to buy BTC now?
submitted by BitBitWin to BitcoinMarkets [link] [comments]

A Brief History of Major Financial Bubbles, Crises, and Flash-crashes

fintech #trading #algotrading #quantitative #quant

A Brief History of Major Financial Bubbles, Crises, and Flash-crashesWhat you need to know about financial bubbles and manias Throughout history there have been numerous speculative economic bubbles and manias. Some were relatively isolated events which held limited or no broad economic ramifications, while others resulted in a full-blown financial crisis or marked the end of important eras.
In more recent times, flash-crashes have become another unusual but very different type of short-term threat to the marketplace as an unintended consequence of rapidly growing dependence on technology and algorithmic trading. Keep reading a brief history of bubbles and manias and how they impacted the trading landscape. What are Financial Market Bubbles and Manias? Bubbles and manias have been around as long as financial markets have, and for as long as human nature remains the same these episodes of severe market dislocations will continue to develop and unravel as they have in the past. Ove.....
Continue reading at: https://www.dailyfx.com/forex/fundamental/article/special_report/2018/12/06/history-of-financial-bubbles-crises-and-flash-crashes.html
submitted by silahian to quant_hft [link] [comments]

Weekly Trading Forecast: Dow Versus Gold Bull Trends Amid Trade War, Recession Fears

https://ift.tt/eA8V8J Risk appetite has found lift this past week, but the real concentration was behind US equities which benefit specifically from heavy speculation around forecasted Fed hikes. Can stretched hopes of rate cuts and stimulus keep this asset class charging – much less pull other markets in its wake – or will a shift in focus to troubled growth and deepening trade wars pull sentiment down?
* More Details Here
submitted by Gdog1243 to aboutForex [link] [comments]

US Dollar May Rise as Worried Markets Search For Safe Harbor

https://ift.tt/eA8V8J The US Dollar may rise as investors’ focus shifts from the likelihood of Fed rate cuts to the reasons for them, souring sentiment and boosting demand for haven assets.
* More Details Here
submitted by Gdog1243 to aboutForex [link] [comments]

Why Trading Execution and High-Frequency Trading Algorithms Are Gaining Popularity

fintech #trading #algotrading #quantitative #quant

Why Trading Execution and High-Frequency Trading Algorithms Are Gaining PopularityTypes of Algorithm Trading Strategies in FX Talking Points:The rise of algorithms in FXExecution algorithm and high-frequency trading dominate the marketThe difference between high-frequency trading and execution algorithm When looking at algorithmic trading, we can see that it has become more and more popular because of its speed and ability to minimize risk. It accounts for a large portion of trades, which is why it is important for traders to understand the different trading strategies. What Is the Purpose for Algorithm Trading Strategies? Since algorithm trading is based on a rule-based process, it has the ability to avoid human behavioral biases that can otherwise create large risks and losses. However, to successfully use this method, rules need to be pre-decided, and there is absolutely no place for subjectivity hence, why it is referred to as a rule-based process. What Are the Main Types of Al.....
Continue reading at: https://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2019/05/09/Why-Trading-Execution-and-High-Frequency-Trading-Algorithms-Are-Gaining-Popularity.html
submitted by silahian to quant_hft [link] [comments]

1broker copy guide - avoiding extreme losses

First off, let me state that I am not even close to a professional when it comes to trading. I got in a few months ago for passive income from copying 3.14fx and have come a long way since then, quadrupling my initial investment and losing half of it. I've watched traders such as cfdtrader, Lumyo, Robot, and crypto_chris lose several hundred percent after a fail from opening multiple positions. I got into 1broker to make money without monitoring it, but instead I learned a lot about trading and risk management, even profiting off several of my own trades. It's a valuable experience in itself even if you're not profiting and I wouldn't give it up for anything. If these losses are enough to make you quit, so be it. Investing comes with risks that some people can't handle. It's not free money.
https://www.dailyfx.com/calendar is the economic calendar that I use while trading. High importance events can easily trigger a 80% loss or gain depending on the direction you choose. It's highly risky to trade when someone of great importance such as Draghi or Yellen are speaking.
Even if you follow a general MAX 5% rule, you will still lose up to 16% of your account if somebody opens 4 of the same positions and they stop at 80%. Making back money is also tougher than losing it, as once you lose 16% of your account, 5% of your account is a lot less than before. Therefore, you have less capital per trade.
Also, be careful when changing your copy amount. I often see copiers saying things like "Great work, I'm upping my copy amount" and "Increased copy amount from x to x". In my opinion, increasing a copy amount should only be done when your initial amount is already low. Losses on a higher copy amount may wipe out the gains on a smaller copy amount. (-50% loss with 0.1 btc = +100% gains with 0.05 btc) Always stick to a 5% max rule unless you're feeling risky.
Then, there comes the gambling/greed phase that many new copiers often do. (Guilty of this myself). After extreme success, a copier may feel the need to upgrade their copy reward to maximize profit. Or after extreme failure, a copier may feel they need to upgrade their copy reward to make up for losses. All of these are mistakes.
1broker is not filled with market professionals. Most of us here are either self taught or complete novices. Professionals would not be sharing their trades for about $70-80 for each trade (at best). They won't be asking for copiers on other traders' profiles. They won't be using a Pikachu as their profile picture. They won't be using a broker that isn't heavily regulated and insured. They would be using their own capital to make millions off of trades.
Remember, any newbie can easily accumulate winning trades by gambling with high leverage. As long as they have around $1300 as of now, they can easily create a profile that suggests that they are a professional, when in reality they are entering at random points and exiting when a position turns into profit, rather than using technical analysis and watching economic calendars.
And even the best of traders will have their ups and downs. I've stuck with 3.14FX even when he reached -100% this month because he's had a great history on this site. I feel that he can make the money that he loses back. And even though he has doubled up on a position yesterday (not sure why, probably was extremely confident), it was a success.
Can you really trust anyone? No way! Unlike regular trading, 1broker is more unregulated. Signing up requires no personal information so any user with malicious intent can build up a steady reputation and perform an exit scam (or have a massive failure) without any reparations. Robot has no link to any social media or anything in his profile. For all we know, he could own another account that has -100%, and he is depending on luck while opening multiple positions to accumulate followers. (I just used Robot as an example, my intent is not to accuse him of multiple accounts)
Then there are potential exit scams (from a trader, not 1broker itself) that will drain a decent portion of your account. There's a reason why you have a choice to choose how many trades maximum you can copy per day. This hasn't happened yet, but it will definitely happen in the foreseeable future. Somebody will set up an order for 50 shorts and 50 longs and set the take profit and stop loss the opposite of each other. Then after closing, they'll withdraw their bitcoin never to be heard of again.
When you put your trust in a trader, you should trust them to carefully monitor a trade. Unfortunately, there's currently no way to tell if your copied trader is online or not, so you'll never know if they're in a coma and won't be back for another 6 months. My suggestion is to either take profit when you think that the conditions are correct or just trust the trader. Nobody can see the future. If you think that you'll rather close the trade before the weekend, it's your choice. If you think upcoming news will destroy the trade, feel free to close early. However, be prepared for regret if it goes up, or a great feeling that you dodged a bullet if it goes down. It's all a part of trading.
1broker's copy system is seriously flawed at the moment. Of course, there's no easy way to fix it. Why would a great trader want to share one of their trades if they're not getting much out of it? This encourages opening multiple positions to maximize copy rewards, which can result in massive losses. Robot is one of the traders exploiting this.
So how can you prevent massive losses? There's really no way. You're putting your trust in random people without an identity, who can easily be a scammer. When it comes to people like Robot, I put 1-2% of my funds because I know that he opens multiple positions. This is why I'm always sticking with 3.14FX, he established himself a long time ago and he knows what he is doing. Somebody who has been on the platform for over 3 years with several losses is preferable to an anonymous newcomer who just registered but appears to be good at trading.
Also, the percentage on 1broker is misleading. You may think "Wow, I'm going to get an 500% of my initial investment if I copy Lumyo!" In reality, you should only be using 5% max of your capital per trade. If you copied him from the beginning (I started copying at around 90%), you should have only gained 25% rather than 500%. But still, 25% of your initial investment is huge.

My opinion on several traders

vits2015: If you watched vits2015 from the beginning, you would know that their style of trading is... off. 15 positions on UK100, all short, some of them at -30% when I first saw him as a successful trader. What does that tell me about him? He can open up to 6 positions on the same trade at once, and is willing to hold them as long as possible to get a profit. (Average holding time 8 days)
gtfann: Even with recent losses, he still appears to be a decent trader. It seems that he upped his usual leverage due to the crowds of traders flocking to copy him though. Multiple positions with a lower leverage isn't really something that I like either, but I'm sticking with him for now until there's a drastic change.
vaiono: He lets his losses play out and even though he has a decent track record,it's still risky to play with. Silver is extremely volatile and due to leverage, a small move in any direction can either be a huge loss or huge gain.
Snortex: Pretty much a meme on 1broker. He acknowledges his trading style and warns his copiers. I like him as a person due to his warnings, but still wouldn't recommend copying him unless you can afford to lose a lot. Edit: After examination of his trades, I feel like he's not only gambling like his description suggests. His entries are planned out carefully (Although that has hurt him when there was a flash crash). You'll take several 80% losses but you may take several 400% gains. He seems to have a habit of chasing a trade, which can lead to multiple 80% losses. However, once the trend reverses, his profits go through the roof. When you're copying, copy for the long term! Of course, feel free to uncopy if you feel that the bottom is still far away.
noIDea: He has had bad stretches in the past, but still makes his way back. I think he's a good trader and even though he opens multiple positions, he's one of the best at setting stop losses so the risk is not as high as others who open multiple trades.
Gold_Gangsta: Name change from Crypto Chris for some reason? Be wary of multiple positions as the USDJPY fiasco shows. Seems to be doing fairly well with gold as of now.
1monk2: Multiple positions fairly often, even says that he's drunk in the description. This is gambling.
knightlife999: The description definitely shows promise. There is no proof to those claims on the site, but I feel it's safe to allocate some of your funds toward copying him with his track record.
HedgeCryFx Risk 5: Decent trader, pays attention to economic calendar as well. The only problem is that he lets losses play out to 80%
boogi: I would be wary about the higher losses, but then again, there's a good track record.
sergiomc: Seems to be decent at trading stocks. With an average holding time of 14 days and leverage of 10, you should be expecting to lose about ~3.92% of your gains to financing, which is not actually that much.
Cool Hand Luke: Low leverage trading. If you were to copy him, I would recommend only using 1% or 2% of your account max per trade if you plan on copying others as well. He's a great trader for slow steady gains, but if you're looking to get rich fast or go broke trying, this is not the guy for you.
eylemc: Quick trades with minimal profit and no losses so far. As of now, it may be too early to judge, but I think that he's somebody that might be worth copying. Edit: Seems to let losses play out to 80%. Be wary.
3.14fx: Back in the game, doing well with stocks and USDJPY recently. High leverage, but usually stops losses within a reasonable range.
SunnyNet: Small gains, huge losses. Be wary as your first copied trade could easily be a -80%.
SatoshiReport: Trading using a neural network, after looking deep into the trade history, I'm not so sure about it. Correct me if I am wrong, but the bot doesn't take into account important news and events. Edit: This bot has too many flaws to continue copying in my opinion. Even with the previous gains, it opens the same position as soon as one closes, negating the 33% stop loss AND forcing a loss due to the spread. The only thing that keeps it out of the negative is the rare 80% gains that you might find once in a while.
CryptoMessiah: The image being shown on his twitter has weird numbers on it (USDJPY at 100-103 in the matter of minutes), I think it's a simulator so it isn't actually "proved". Also, asking people to copy for "free money" is misleading as anything can go wrong in the forex market, there is no guaranteed money. I copied with a minimum 0.001 btc and will update this post if the bot proves to be successful. Edit: Tons of losses trying to get the right direction and then huge wins. I would say it's ok, but you're better off with a human capitalizing on gains. The only advantage to this bot is 24/7 hour trading.
kosanet: His description says it all. Be careful while copying, but don't be discouraged to place an amount you can afford to lose. He seems to have a great history of monitoring losses (positions never get below 20%) but it's still a new profile who clearly states that he's not a pro. May open multiple trades and trading with USDJPY a lot. His scalping strategy means that overnight fees won't be an issue. Edit: Now he's starting to be a little more risky with his trades as more copiers arrive. Be careful, he never reached liquidation at 80% yet but he could at any moment.
google: A bit late to the party, but what can I say? I honestly can't believe he accumulated 190 copiers but he seems to have faded out quickly. Golgo13 is having a fun time on all of his trades
KillerWhale: Extremely high risk with all of those multiple positions. Like google and robot, don't be fooled by performance recently and look through their whole account. People who saw the 220% recently may have missed when he was in -475% a few days ago.
SoontobeWW3: Great trader in my opinion. However, I think emotion plays a role in his trading as every huge loss is often followed by more.
APPoh: Seems to know what he's doing. However, there is a very short trading history and we're never sure. Positions can reach 50% without closing, so it's very possible that he might let losses play out to 80%.
dingo: Not much to say. Good with 1 position at a time, and even with the 80% loss last month, still ended in profit. Be careful as he might sometimes not stop a position and instead wait for it to recover and a 80% loss is huge compared to his gains.
Edit August 12: Will stop adding new traders now. Before copying someone, remember:
  1. Check their trading history, ALL OF IT. You're entrusting them with your money, you should be 100% sure.
  2. Wait until they've established themselves. Sure, you can be frustrated about potentially losing 200% profit, but it sure beats 700% losses.
I already expressed my views on Robot and 3.14FX above. Lumyo is currently inactive.
Last tip: Don't uncopy people if you feel like they can make it back. If you choose to copy someone, you're in it for the long run. Now this may contradict some of my earlier statements, but if you have somebody that you believe in, don't uncopy them after a loss. Eventually, they will make their way back up and after you see their success again, you'll be tempted to copy again. Of course, if you are copying somebody who you have no faith in, feel free to drop them. Cutting your losses short is important to learn in trading.
submitted by FCatarina to 1Broker [link] [comments]

Basic Question: how to calculate Implied Rate?

Hi guys,
I am looking to improve my understanding on bonds, in particular - gilts.
Several questions if I may, based on investing.com website data:
  1. Why is 1M, 3M, 6M is not updated live? - is that because there are no bonds maturing or are they just not traded..? Seems to be only at 7am...
  2. This image from yesterday's news article shows (same as above?) figure of implied rate and has (a calculated?) implied BP. I understand that Implied BP is effectively 0.716% out of 0.75% possible and thus 84% probability of a 0.25% hike, but how exactly is 0.6706 is converted to be 0.716%?
  3. From 1M bonds here, how can I calculate that Implied BP rate..? The bond matures on 20 Aug, so I assume it has X days on 0.5% rate (until BoE decision) plus Y days on 0.716% rate (discounted from 0.75 as not completely certain). I've tried to reverse-calculate, but just cannot figure it out. Any ideas how to do it?
Thanks and sorry for basic questions, trying to get my head round these!
submitted by igurdon to investing [link] [comments]

[Banned] /r/canada/: The full timeline of Canada and Saudi Arabia's escalating feud over jailed human rights activists

I was banned from /canada/. Here's what I would have said in response to this post:
When I first saw this article from businessinsider.com, its title was:
Timeline of Canada, Saudi Arabia diplomatic feud over human rights
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
submitted by alternate-source-bot to alt_source_bot_log [link] [comments]

How can this be?

So I just saw someone else post something titled "Crush my dreams". Which I think is a great idea. I for one don't want to waste my time learning something that I can't ever be good at. I'm reading along and everyone is giving it to em. It seems the general consensus is "25% per year would be something only really good traders could achieve." Basically giving a very grim outlook to currency exchange. Especially something that is touted as something you can bring little money to and with hard work make a living out of. 25% on an initial $2000 investment is just $500. Which is definitely a lot more than someone would get putting their money in the bank but not really what you'd call making a living.
I recently found this subreddit and really enjoy it. I've learned a lot from the 2-3 weeks I've been stalking it. I heard about Forex back in December from my mother in law. She was talk about it from a co worker. Since December I've been trying to immerse myself in this concept of forex. Scouring tutorials, books, videos, etc. I learn something new every day and I feel like I gain a new piece to the puzzle all the time, Still not quite ready to dump my own real money into it yet but I feel close.
So the mother in laws coworker, who informed us about forex started back in August of 2014. That's when she invested real money. She trades mostly from her cell phone. No technical analysis from what I can tell. She's a very nice lady. Wants to help people so she offered to teach me what she knows. I cooked her up a dish as thanks and headed over. She told me how she found out about forex. She told me how she spent like $250 on a class that she felt ripped off because she lost part of her initial investment because the "teacher" didn't tell her about actually closing her trades.
This is going to be a brief and outlined description of what she "taught" me the day I went to her place. Keep in mind I've been studying on my own for almost 6 months.
-Candle wick is on the bottom? It's going to go up so buy. -Candle wick is on the top? It's going to go down so sell. -Trade USD/CAD -Trade from 8AM EST - 12PM EST -Don't trade from 12-1 (Lunch ish on the stock market?) -Don't trade on bank holidays -Don't trade if you're not going to watch it (she's basically scalping and I don't think she knows much about stop limits? idk) -Go to dailyfx.com and read the news. -Go to yahoo news and read the financial section. (Edit: This is an oversimplified explanation of what she taught. These were the main points)
That was essentially it. Which don't get me wrong, there's some good info in there, but not exactly the education I expected to get from a successful trader. I asked her a couple questions and had used the terms support and resistance and she was like "I don't know much about the terminology but that's why I think you will do better than me because you're smarter than me."
From what I can tell she just has some sort of instinct and can read the market really freaking well.
So to really raise some eyebrows: Her initial investment in August was around $500. She lost about half on some bad initial trades. She has, since then, grown her account to over $23,000. I shit you not. I saw her trading station with my own eyes. I asked her just to confirm that she had not added any extra money since her initial $500 and she said no. Which is something like a 10,000-11,000% return on investment right? Like 1000% increase per month on average.
She seems like a very genuine lady. She didn't charge me anything. She checks up on me regularly to see my progress. She says she just wants to help me and my wife get on our feet. She's very nice. I tried trading on the 1m and 5m charts and just found that the spreads were eating up my gains on the demo account. Not enough winning trades with enough pip change.
What are you guys thoughts? I know this is probably going to seem made up, but had I not looked at her account with my own eyes I'd be calling bullshit, which was the main reason I wanted to go over to her place and have her teach me. Just to see her account and see if she was full of it... But it was in fact a real account. It was ready to be withdrawn if she wanted to.
submitted by Wannabeforextrader to Forex [link] [comments]

[Banned] /r/canada/: Saudi Arabia reassures Canada on oil, Trudeau comments 'positive'

I was banned from /canada/. Here's what I would have said in response to this post:
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
submitted by alternate-source-bot to alt_source_bot_log [link] [comments]

Forex Market Maker Daily Setups  How to Find the Best ... Understanding Daily Market Structure In Forex - YouTube DailyFX - YouTube Some Of Forex Market News & FX Forecast - DailyFX

DailyFX is the leading portal for financial market news covering forex, commodities, and indices. Discover our charts, forecasts, analysis and more. DailyFX - Market News & Analysis 6,790 followers on LinkedIn. Get your global forex market news and analysis with us. Launched in 2002, DailyFX.com, the free news and research website from IG ... The Canadian Dollar may continue to outperform its haven-associated counterparts amid firming market sentiment and the BoC’s hesitance to ease further. Last week’s Forex market saw the strongest rise in the relative value of the New Zealand Dollar and the strongest fall in the relative value of the U.S. Dollar. Fundamental Analysis & Market Sentiment. The focus now of stock market analysts in the U.S. is centered mostly upon the issue of progress towards a deal between House Democrats and the Trump administration on a further round of ... Follow all the latest forex news, trading strategies, commodities reports & events at DailyFX Folgen Sie den jüngsten Forex-News, Trading-Strategien, Rohstoffberichten und Ereginissen auf DailyFX. DailyFX ist das führende Portal für Forex News, Charts, Indikatoren und Analysen. Alle Werkzeuge, die Sie für den Handel am Währungsmarkt benötigen.

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