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 Multi-Chart-Sync (MCS) Forex Factory

Multi-Chart-Sync (MCS) Forex Factory

[Monitor] LG UltraGear 38" Class Ultrawide WQHD Curved IPS G-Sync Compatible Gaming Monitor - $1399 ($1599 - $200) from Costco

[Monitor] LG UltraGear 38 submitted by -Epyx- to buildapcsales [link] [comments]

My buddy joined IM Academy and I don’t know how to get him out of it

To preface this, my buddy is a really smart and really motivated guy. He was fooled by some Instagram representative of IM Academy and paid 300 or so to join their “company”. I’ve been trying to convince him that the information they are selling him cannot possibly work or else everyone in that program would be rich. He is open to criticism and isn’t trying to recruit me, but he still believes that he just needs to put more effort into learning it and that’s why he hasn’t made money yet. I feel horrible because he’s a really good kid and just got fooled by good (and extremely immoral imo) marketing.
Now the real questions I have is how do I convince him to cut his losses and stop? Has anyone had any similar experiences? Thanks for reading
submitted by Vixxory to antiMLM [link] [comments]

First time build.


With this pc I will be using it for coding, graph works with forex and gaming. Games I would be playing is Modern Warfare, Rainbow six siege, Tomb raider, csgo and few more.

My budget for this pc will be £1600-£1800 including monitor

I will be needing a single monitor as the area I have for this pc wont be the biggest. preferably a 144hz monitor with 1ms refresh rate. I have seen a monitor in person down at my local curry's store in uk which costs about £200. This is link for the monitor-https://www.currys.co.uk/gbuk/computing/pc-monitors/pc-monitors/msi-optix-g241-full-hd-24-ips-lcd-gaming-monitor-black-10204313-pdt.html If there is any other recommendations I will take

I plan to buy the parts any time past 15th July.

I will just need the desktop itself as well as monitor which spoke about before

North west United kingdom there is no microcenter near me as of location I am in but in Bolton where I live close to there is the scan computing place.

Just some Razer gear but I am planning on upgrades in the future to better peripherals.

I May possibly be overclocking my gpu, ram and cpu to get maximum performance out of them. For this I will do my research on how to do so.

preferably a m.2 ssd for os and games I will use more often. but as well as that 2gb on a hdd would do me fine to store school work and little projects.

preferably wireless internet but in future I may wire an ethernet cable threw the walls to my router. I do have an extension router in my room but is useless using ethernet cable with it. ps internet provider is Bt.

mid tower preferably as space is not as big colour theme I would say black/white with possible bits of rgb which I can link all together for effects not so bothered with rgb strips as if I wanted to I can add in future. cases I have looked at have been h510,h710, corsair icu 220t as well as the 465x.

I can used the watermarked version to begin with and can always buy a key in future.
Extra info or particulars:
This will be first time build and with cables for psu would prefer to be braided and fit colour scheme. Thank you to anyone who gets back to this will help out a lot.
submitted by Anything523 to buildapcforme [link] [comments]

Trading View (Request)

App Name: TradingView - stock charts, Forex & Bitcoin ticker
Description: Stock charts with real-time market quotes & trading ideas. Traders & Investors.
Simple for beginners and effective for technical analysis experts, TradingView has all of the instruments for publication and the viewing of trading ideas. Real-time quotes and charts are available for wherever you are at whatever time.
At TradingView, all data is obtained by professional providers who have direct and extensive access to stock quotes, futures, popular indices, Forex, Bitcoin and CFDs.
You can effectively track stock market and major global indices such as the NASDAQ Composite, S&P 500 (SPX), NYSE, Dow Jones (DJI), DAX, FTSE 100, NIKKEI 225, etc. You can also learn more about exchange rates, oil prices, mutual funds, bonds, ETFs and other commodities.
TradingView is the most active social network for traders and investors. Connect with millions of traders from around the world, learn from the experiences of other investors and discuss trading ideas.
Advanced Charts TradingView has excellent charts that surpass even desktop trading platforms in quality — all for free. No compromises. All of the features, settings and tools of our charts will also be available in our app version. Over 10 types of charts for market analysis from different angles. Starting with an elementary chart line and ending with Renko and Kagi charts, which focus heavily on price fluctuations and barely take time into account as a factor. They can be very useful for determining long-term trends and can help you earn money.
Choose from a large selection of price analysis tools, including, but not limited to, indicators, strategies, drawing objects (i.e. Gann, Elliot Wave, moving averages) and more.
Individual watchlists and alerts You can track major global indices, stocks, currency pairs, bonds, futures, mutual funds, commodities and cryptocurrencies all in real-time.
Alerts will help you not to miss the smallest of changes in the market and will allow you to react in time to invest or sell profitably, increasing your overall profit.
Flexible settings help you to track the indices you need and also group them in a way that is convenient for you.
Syncing your accounts All saved changes, notifications, charts, and technical analysis, which you began on the TradingView platform will be automatically accessible from your mobile device through the app.
Real-time data from global exchanges Gain access to data in real-time on more than 100,000 instruments from over 50 exchanges from the United States, Russia, the East, and countries in Asia and Europe, such as: NYSE, LSE, TSE, SSE, HKEx, Euronext, TSX, SZSE, FWB, SIX, ASX, KRX, NASDAQ, JSE, Bolsa de Madrid, TWSE, BM&F/B3, MOEX and many others!
Commodity prices In real-time, you can track prices for gold, silver, oil, natural gas, cotton, sugar, wheat, corn, and many other products.
Global indices Track major indices of the world stock market in real-time: ■ North and South America: Dow Jones, S&P 500, NYSE, NASDAQ Composite, SmallCap 2000, NASDAQ 100, Merval, Bovespa, RUSSELL 2000, IPC, IPSA; ■ Europe: CAC 40, FTSE MIB, IBEX 35, ATX, BEL 20, DAX, BSE Sofia, PX, РТС, ММВБ (MOEX); ■ Asian-Pacific Ocean Regions: NIKKEI 225, SENSEX, NIFTY, SHANGHAI COMPOSITE, S&P/ASX 200, HANG SENG, KOSPI, KLCI, NZSE 50; ■ Africa: Kenya NSE 20, Semdex, Moroccan All Shares, South Africa 40; and ■ Middle East: EGX 30, Amman SE General, Kuwait Main, TA 25.
Cryptocurrency Get the opportunity to compare prices from leading cryptocurrency exchanges, such as HitBTC, Binance, BitBay, Coinbase, Mercado Gemini, Kraken, Huobi, OkCoin, and many others. Get information on prices for: ■ Bitcoin (BTC), Litecoin (LTC), Ripple (XRP); ■ Ethereum ( ETH), Ethereum Classic (ETC), IOTA; ■ Dogecoin (DOGE), USD Coin (USDC), Tron (TRX); ■ Stellar (XLM), Tether (USDT), Cardano (ADA); ■ Monero (XMR), ZCash (ZEC), Dash.
Playstore Link: https://play.google.com/store/apps/details?id=com.tradingview.tradingviewapp
Mod Features: Additional indicators available in pro version of this app
submitted by shinigamidoge to moddedandroidapps [link] [comments]

Road To FIRE - an open source portfolio tracker app

Hello FIRE community,
I would like to share with you a portfolio tracker app that I've been working on lately. It's free, open source, takes your privacy seriously and helps you keep track of your assets and rebalancing steps that you need to take on your road to FIRE.

What is Road To FIRE?

It's a portfolio tracker app for your stocks, ETFs, mutual funds, bonds, cryptocurrencies, commodities, P2P loans and real estate. It runs in your browser, so you don't need to install anything. Privacy is important, so all data is stored in your local browser (or your cloud storage account, if you provide one, in order to sync data across your devices). The only data sent to the app server are the symbols for your assets, in order to get their current quotes. It's aimed at passive investors, so no fancy real-time charts or news.

Key Features:


Can the app connect to my bank?
No, it can't, and this feature won't be added. For one, it's not technically possible, and even if it would, I don't see much benefit for having a portfolio tracker connected to your bank account. I see a great benefit in having that in a budget tracker, but this is not the purpose of the app. I did try however to make the manual addition of transactions as easy as possible.
I am open to suggestions and bug reports. If you have any, just post them here, or on Github: https://github.com/iLiviu/road-to-fire/issues

To run the app, just go to https://roadtofire.iliviu.me and you are all set.
submitted by BalancedPotato to EuropeFIRE [link] [comments]

What are some of the best apps you have on your Mac? here are mine

I have just upgraded my 2012 MBP to the latest one and am reviewing the software I have installed and going through what I use frequently enough to merit keeping on the brand new system. Figured I would share the list here and get some good recommendations from the community as well. Paid or free, does not matter. I love discovering new and useful apps and hope you find something new and interesting in this list too.
Here is what I use frequently or semi-frequently:

Standard Notes

Cost: Free (all core functionality) with paid features (themes and editor customizations)
Site: https://standardnotes.org/
It is an open-source, end-to-end encrypted, cross-platform text based notes application. End-to-end encryption means no one (not even the company itself) can read the notes you keep here unless they have access to your password. It syncs flawlessly on all devices and the bulk and most useful features are free.

Itsy Cal

Cost: Free
Site: https://www.mowglii.com/itsycal/
Great little utility that provides you with the calendar in the menu bar. Its provide a more concise but slightly less attractive menu calendar option than Fantastical 2.

Fantastical 2

Cost: $40
Site: https://flexibits.com/fantastical
If you have been using MacOS for more than a few months then you surely have heard of it. It is a great calendar replacement.

Quassell Client

Cost: Free
Site: https://quassel-irc.org/
An open source and cross-platform IRC application. It is slightly less polished than the paid Textual 7 IRC app for MacOS but I use it because it provides the Core/Client capability. So I have the core running on an always on Windows server on my home network and I use the client app on my Mac and Windows computers to connect to the same IRC session. Sort of an always on IRC solution.

Omni Disk Sweeper

Cost: Free
Site: https://www.omnigroup.com/more
A free utility from Omni Group that provides stats on storage usage. it's free and useful.

1 Password

Cost: subscription
Site: https://1password.com/
A beautiful password manager

PopClip

Cost: $10
Site: https://pilotmoon.com/popclip/
A neat utility that pops up some options when you select any text. It's hard to explain how cool it is. Try out the free trial.

Bartender 3

Cost: $15
Site: https://www.macbartender.com/
A neat utility to customize and hide icons from your Mac's menu bar. Try the free trial.

Proton VPN

Cost: Free for one device, subscription for multiple devices
Site: https://protonvpn.com/
An awesome VPN that provides unlimited bandwitdth for free for one device (at a time, so you can install on your iphone and ipad too but can only have one active connection at a time, for example, when travelling)

Signal Desktop Sync

Cost: Free
Site: https://signal.org/
Free, open source, cross platform (no ipad) encrypted messaging app recommended by Edward Snowden.

DayOne

Cost: Free on one device, Subscription for sync on multiple devices and features
Site: https://dayoneapp.com/
A diary and journaling app that provides (for subscription) end-to-end encrypted syncing for your diaries on all your devices (iOS, iPadOS, MacOS only, no Windows and the web app does not support end-to-end encrypted journals).

MS Remote Desktop 10

Cost: Free
Site: Get from Mac App Store
Remote Desktop app for connecting to all Windows machines on your network or at work

DaVinci Resolve 16

Cost: Free for non-4k Exports - $300 for additional features and full export
Site: https://www.blackmagicdesign.com/products/davinciresolve/
A cross-platform (Mac, Windows, Linux) professional video editing app

Amphetamine

Cost: Free
Site: Get it from Mac App Store
A very handy utility to stop your mac from going to sleep. basically an updated, feature rich successor to Caffiene

Firefox and Firefox Developer

Cost: Free
Site: https://www.mozilla.org/en-US/firefox/new/
Free open source browser. Much better now after the Quantum Engine upgrade.

Microsoft Office

Cost: 365 subscription or one time fee
Site: https://www.office.com/
If you need it.

Calibre

Cost: Free
Site: https://calibre-ebook.com/
Free, open-source, cross-platform ebook management system. Must have if you have an ebook reader like Kobo or Kindle

Little Snich 4

Cost: $40
Site: https://www.obdev.at/products/littlesnitch/index.html
A beautifully designed outbound firewall that lets you keep track on which apps on your computer are making outbound connections and where to. Run it in silent mode and then check every once in a while to ensure no apps are leaking your information to places that they shouldn't be. For example you can block certain apps from reporting to Google Analytics if they haven't asked for your consent to collect analytics.

Money Dance

Cost: $50
Site: https://moneydance.com/
A cross-platform personal finance/budgeting app (no mobile syncing for investments). I only use it for its portfolio (stocks, forex etc.) tracking and end-to-end encrypted syncing capabilities.

App Cleaner & Uninstaller

Cost: Free and Pro for $10
Site: https://nektony.com/mac-app-cleaner
Just a little bit more thorough than the free App cleaner from freemacsoft but that one shoud be good enough for you too.

Time Machine Editor

Cost: Free
Site: https://tclementdev.com/timemachineedito
Nifty utility to schedule Time Machine backups in case you don't want it to backup every hour.

Sync.com Sync Client

Cost: Free 5 GB. +1GB/each referral
Site (link with referral for +1GB upon signup): https://www.sync.com/?sync_refer=8940a2ba0
An end-to-end encrypted dropbox alternative. Use it to backup important documents on the cloud without having to worry about the service/hackers being able to get at the information on the server side.

Better Touch Tool

Cost: $7.5
Site: https://folivora.ai/
Great utility to customize touchbar on your Macbook Pro. Use it with one of the available customization packages to get started.

Scrivener

Cost: $50 (or $40 with code: LEARNSCRIVENER)
Site: https://www.literatureandlatte.com/scriveneoverview
Porbably the best long-form wirting tool on Mac (and even Windows). I prefer it over Ulysses because it's not subscription based. Free trial available, try it out.

Paste

Cost: $15
Site: https://pasteapp.me/
A clipboard manager that prganizes copied information in a great card based system. Allows iCloud based sync too that is optional.

Coconut Battery

Cost: Free
Site: https://www.coconut-flavour.com/coconutbattery/
A useful utility for tracking the remaining capacity/life of your Macbook Battery.
submitted by OnlyTour to MacOS [link] [comments]

Strategy to Make 50% - 100% a Year Trading One Day a Week.

Strategy to Make 50% - 100% a Year Trading One Day a Week.
I feel a lot of times people can over think and try to over engineer making moderate annual gains in the Forex markets. Simple and low maintenance strategies can be devised to do this.
If someone said to me, "Hey, I've got $10 million and want 15% a year . I don't want to be in the market more than 3 hours a week". I'd say, "I got this. Give me close of New York session on Friday to 2 hours before the market close. Easy gig."

In this post I will teach you how.

I will also post setups and track results from strategy on Friday's that qualify. Since I am not doing this for a pedantic millionaire investor, I'll use the whole of Friday for my trades. With this I think I should be able to beat 50% on 1% risk per position.

There are specific qualifiers needed going into Friday to trigger this strategy. It will not trade every week. Only when there is a trend present and we are either in a trending week or near the end of a corrective week.

Here is what a corrective week tends to look like.


https://preview.redd.it/dtdwbsjt74i31.png?width=673&format=png&auto=webp&s=37030c3d5e4aad34812ab806addb5e34e948b525
You can sync up this with real price action in what has been (and still is) a corrective week in GBPUSD.

Setting Up

Approaching Final High

When we see this, we have a really easy trade looking to buy London open area at a 61.8% retracement. There are multiple reasons this trade could work. Lots of different ways a strategy can pick up this trade (I won't cover these here, if you look through my post history I cover them extensively).
Here is the area on this chart I will be looking to trade.

Entry Area

Let's look closer at the trades when we have this set up. I said buy 61.8, but that is too arbitrary. Working one day a week here, should pretend to look busy, huh.


https://preview.redd.it/lwtj73tia4i31.png?width=1298&format=png&auto=webp&s=444c8d13d15c8b8f3ea5402ec35cb46c63be1440
So we're looking for the 61.8 retracement for around London. This is where the strategy can potentially come active. This trade may or may not be taken, it depends on a few things. Honestly, one of them is I might sleep in. Others are more professional ... promise.

When there has been this failed new high move, it's on. I always want the following trade. Here we're looking for a 61.8 retrace from the failed new high swing. A bounce from there, and then pending order can be placed to enter on a retest of there. This is what I consider to be a strong signal. I can use tight stops here and get good RR. I expect a strong move from this area.
When it breaks out of the high and runs a little, I'll close half my profit and trail stops to protect running profits. I will wait and watch for the market contracting and starting to make a messy range. I'll then look for it to start to pull back and look like it's going to start to correct the move of the day. I will look to buy into this move and expect to see price spiking. Not trying to "time the market" or anything, but it's probably going to be 90 to 120 minutes before the market closes this happens.

For trending weeks, I'll be using the same sort of execution rules and trading patterns. he prerequisite price action I want to see will be there having been a new high/low in the trend made by Thursday. I'll then be looking for a retrace of that and the market running out the end of the week with a final trend move.


https://preview.redd.it/5u0qyoeec4i31.png?width=520&format=png&auto=webp&s=986aa1b123f98e24aec8c23da2dd8651417a8c85

Part 2 https://www.reddit.com/Forex/comments/cufic1/strat_for_50_100_a_year_more_details_first_trade/
submitted by whatthefx to Forex [link] [comments]

Why I moved on from Robinhood to a proper broker (and am not looking back)

Hello fellow autists. It has now been around two weeks where I've moved on from Robinhood and am now using a proper broker (TD Ameritrade, using their "Think or Swim" mobile app / desktop app). I had been using Robinhood for about 1.5 years, but didn't realize the vast amounts of benefits you get at a proper broker (described below). I wish someone had told me about all this when I first started trading, so now I'm passing on this knowledge to youuuuuu. Perhaps other brokers have most if not all of these benefits, but I don't got experience with them.
Combine having “unlimited” day trades with seeing proper indicators on a chart . . . and you can do my new day trading strategy of buying a few options when you see a setup occur (such as a stock going below the low of the day, or buying after it breaks the 200d ma). Then when the price hits a resistance point (such as the pre market highs), you can sell 50-75% of the contracts and lock in profits. Then you can add to your positions on pullbacks or just let the rest ride.
You can also link all of your accounts... And then trade with them all at once. So in a few clicks I can take a single trade that gets executed on my day trading account, my Roth IRA, and my traditional IRA
Just download “Think or swim” and try out the “paper trading” at least, it's all free. You can also open a regular account and just do all of your chart viewing and option browsing, then go into RH if you want to buy in there. PM me if you have any questions :D
submitted by Vehn2 to wallstreetbets [link] [comments]

Airdrop Reoprt

Airdrop Reoprt
Dear Airdropbob Comunity
https://preview.redd.it/vygmhvtiwp041.png?width=200&format=png&auto=webp&s=813dc73044e5f7f911200a1bc88252177e2d9a08
Welcome back to another weekend edition of our airdrop report.
Again we present to you the best airdrops of the week, so you don't have to watch out every day for the best and most rewarding airdrops of the industry!We hope you enjoy the read and find the projects as interesting as we do!!
This week started out with the PRO token airdrop. The PRO token, based on the ERC20 standard, is the inherent currency of the Prometheus platform. Their main goal is to bring solutions to businesses which want to implement cutting edge blockchain technology into their processes. They want to tackle supply chain management issues, solutions for media content delivery and more. And the PRO token gives the holder the possibility to access all the features of the platform.
Get more information and the Reflink here: https://www.airdropbob.com/prometheus/airdrop-prometheusProjects website: https://prometheus.business
Then there was BELA by Belacam. Belacam is according to their website the "Instagram of Cryptocurrency". And their native BELA token is already listed on CMC. Their special offer for every crypto interested social media user is rewarding the community not with likes, but instead with BELA tokens. These are than transferable to your own wallet and can be traded or you can support other content creators with your earned tokens.
Get more information and the Reflink here: https://www.airdropbob.com/belacam/airdrop-belacamProjects website: https://www.belacam.com
Later in the week we brought to you the ETH airdrop by Asia Trading Battle. They hold a big trading competiton and as entry incentive you will be awarded in ETH. There are two main contest, one for forex trading and the other one for crypto. The registration is still open and the big prize is 1 million $. And to top it all of the winner will be presented with a spacial winners belt by Mr. Mayweather himself.
Get more information and the Reflink here: https://www.airdropbob.com/asia-trading-battle/airdrop-asia-trading-battleProjects website: https://atb2019.com
On Friday we presented you the FUNTO token airdrop by FunnyToken. They created the ERC20 based FUNTO token to create a bridge between their games, where you can earn tokens while you play, with their over all platform as well as with third party providers. This way FunnyToken wants to grow their own business as well as the one of their partners. And at the same time of course give the players the easyest and safest way to trade, or transfer in game collectibles and items.
Get more information and the Reflink here: https://www.airdropbob.com/funnytoken/airdrop-funnytoken-round-2Projects website: https://www.funnytoken.org
On Saturday we brought to you the MNS token airdrop by Monnos. The ERC20 based MNS token is the native currency of the Brazilian based Monnos trading platform. At the moment they offer a proprietary wallet app for a range of different tokens as well as a crypto exchange. And for the future they plan to bring to life a special service that enables users to sync their own trading strategy's with the ones of other users. And for all this you will need their MNS token, so you can enjoy all the features of the platform.
Get more information and the Reflink here: https://www.airdropbob.com/monnos/airdrop-monnosProjects website: https://monnos.com
And if you want to know more about everything Crypto/Airdrop related and how to participate, go visit: https://www.airdropbob.com
Like us on Facebook: https://www.facebook.com/AirdropBob.io
Join us on Telegram: https://telegram.me/AirdropBobChannel
Follow us on Twitter: https://twitter.com/airdropbob
Or subscribe on Steemit: https://steemit.com/@airdropbob
#airdropbob #airdrops #crypto #cryptoairdrops
submitted by AirdropBob to AirdropBob [link] [comments]

Elaborating on Datadash's 50k BTC Prediction: Why We Endorse the Call

As originally published via CoinLive
I am the Co-Founder at CoinLive. Prior to founding Coinlive.io, my area of expertise was inter-market analysis. I came across Datadash 50k BTC prediction this week, and I must take my hats off to what I believe is an excellent interpretation of the inter-connectivity of various markets.
At your own convenience, you can find a sample of Intermarket analysis I've written in the past before immersing myself into cryptos full-time.
Gold inter-market: 'Out of sync' with VIX, takes lead from USD/JPY
USD/JPY inter-market: Watch divergence US-Japan yield spread
EUUSD intermarket: US yields collapse amid supply environment
Inter-market analysis: Risk back in vogue, but for how long?
USD/JPY intermarket: Bulls need higher adj in 10-y US-JP spread
The purpose of this article is to dive deeper into the factors Datadash presents in his video and how they can help us draw certain conclusions about the potential flows of capital into crypto markets and the need that will exist for a BTC ETF.
Before I do so, as a brief explainer, let's touch on what exactly Intermarket analysis refers to:
Intermarket analysis is the global interconnectivity between equities, bonds, currencies, commodities, and any other asset class; Global markets are an ever-evolving discounting and constant valuation mechanism and by studying their interconnectivity, we are much better positioned to explain and elaborate on why certain moves occur, future directions and gain insights on potential misalignments that the market may not have picked up on yet or might be ignoring/manipulating.
While such interconnectivity has proven to be quite limiting when it comes to the value one can extract from analyzing traditional financial assets and the crypto market, Datadash has eloquently been able to build a hypothesis, which as an Intermarket analyst, I consider very valid, and that matches up my own views. Nicolas Merten constructs a scenario which leads him to believe that a Bitcoin ETF is coming. Let's explore this hypothesis.
I will attempt to summarize and provide further clarity on why the current events in traditional asset classes, as described by Datadash, will inevitably result in a Bitcoin ETF. Make no mistake, Datadash's call for Bitcoin at 50k by the end of 2018 will be well justified once a BTC ETF is approved. While the timing is the most challenging part t get right, the end result won't vary.
If one wishes to learn more about my personal views on why a BTC ETF is such a big deal, I encourage you to read my article from late March this year.
Don't Be Misled by Low Liquidity/Volume - Fundamentals Never Stronger
The first point Nicholas Merten makes is that despite depressed volume levels, the fundamentals are very sound. That, I must say, is a point I couldn't agree more. In fact, I recently wrote an article titled The Paradox: Bitcoin Keeps Selling as Intrinsic Value Set to Explode where I state "the latest developments in Bitcoin's technology makes it paradoxically an ever increasingly interesting investment proposition the cheaper it gets."
However, no article better defines where we stand in terms of fundamentals than the one I wrote back on May 15th titled Find Out Why Institutions Will Flood the Bitcoin Market, where I look at the ever-growing list of evidence that shows why a new type of investors, the institutional ones, looks set to enter the market in mass.
Nicholas believes that based on the supply of Bitcoin, the market capitalization can reach about $800b. He makes a case that with the fundamentals in bitcoin much stronger, it wouldn't be that hard to envision the market cap more than double from its most recent all-time high of more than $300b.
Interest Rates Set to Rise Further
First of all, one of the most immediate implications of higher rates is the increased difficulty to bear the costs by borrowers, which leads Nicholas to believe that banks the likes of Deutsche Bank will face a tough environment going forward. The CEO of the giant German lender has actually warned that second-quarter results would reflect a “revenue environment [that] remains challenging."
Nicholas refers to the historical chart of Eurodollar LIBOR rates as illustrated below to strengthen the case that interest rates are set to follow an upward trajectory in the years to come as Central Banks continue to normalize monetary policies after a decade since the global financial crisis. I'd say, that is a correct assumption, although one must take into account the Italian crisis to be aware that a delay in higher European rates is a real possibility now.
![](https://coinlive.io/ckeditor_assets/pictures/947/content_2018-05-30_1100.png)
Let's look at the following combinations: Fed Fund Rate Contract (green), German 2-year bond yields (black) and Italy's 10-year bond yield (blue) to help us clarify what's the outlook for interest rates both in Europe and the United States in the foreseeable future. The chart suggests that while the Federal Reserve remains on track to keep increasing interest rates at a gradual pace, there has been a sudden change in the outlook for European rates in the short-end of the curve.
While the European Central Bank is no longer endorsing proactive policies as part of its long-standing QE narrative, President Mario Draghi is still not ready to communicate an exit strategy to its unconventional stimulus program due to protectionism threats in the euro-area, with Italy the latest nightmare episode.
Until such major step is taken in the form of a formal QE conclusion, interest rates in the European Union will remain depressed; the latest drastic spike in Italy's benchmark bond yield to default levels is pre-emptive of lower rates for longer, an environment that on one hand may benefit the likes of Deutsche Bank on lower borrowing costs, but on the other hand, sets in motion a bigger headache as risk aversion is set to dominate financial markets, which leads to worse financial consequences such as loss of confidence and hence in equity valuations.
![](https://coinlive.io/ckeditor_assets/pictures/948/content_2018-05-30_1113.png)
Deutsche Bank - End of the Road?
Nicholas argues that as part of the re-restructuring process in Deutsche Bank, they will be facing a much more challenging environment as lending becomes more difficult on higher interest rates. At CoinLive, we still believe this to be a logical scenario to expect, even if a delay happens as the ECB tries to deal with the Italian political crisis which once again raises the question of whether or not Italy should be part of the EU. Reference to an article by Zerohedge is given, where it states:
"One day after the WSJ reported that the biggest German bank is set to "decimate" its workforce, firing 10,000 workers or one in ten, this morning Deutsche Bank confirmed plans to cut thousands of jobs as part of new CEO Christian Sewing's restructuring and cost-cutting effort. The German bank said its headcount would fall “well below” 90,000, from just over 97,000. But the biggest gut punch to employee morale is that the bank would reduce headcount in its equities sales and trading business by about 25%."
There is an undeniably ongoing phenomenon of a migration in job positions from traditional financial markets into blockchain, which as we have reported in the past, it appears to be a logical and rational step to be taken, especially in light of the new revenue streams the blockchain sector has to offer. Proof of that is the fact that Binance, a crypto exchange with around 200 employees and less than 1 year of operations has overcome Deutsche Bank, in total profits. What this communicates is that the opportunities to grow an institution’s revenue stream are formidable once they decide to integrate cryptocurrencies into their business models.
One can find an illustration of Deutsche Bank's free-fall in prices below:
![](https://coinlive.io/ckeditor_assets/pictures/946/content_2018-05-30_1052.png)
Nicholas takes notes of a chart in which one can clearly notice a worrying trend for Italian debt. "Just about every other major investor type has become a net seller (to the ECB) or a non-buyer of BTPs over the last couple of years. Said differently, for well over a year, the only marginal buyer of Italian bonds has been the ECB!", the team of Economists at Citi explained. One can find the article via ZeroHedge here.
![](https://coinlive.io/ckeditor_assets/pictures/953/content_2018-05-30_1451.png)
Equities & Housing to Suffer the Consequences
Nicholas notes that trillions of dollars need to exit these artificially-inflated equity markets. He even mentions a legendary investor such as George Soros, who has recently warned that the world could be on the brink of another devastating financial crisis, on lingering debt concerns in Europe and a strengthening US dollar, as a destabilizing factor for both the US's emerging- and developed-market rivals.
Ray Dalio, another legend in the investing world and Founder of Bridgewater Associates, the world’s largest hedge fund, "has ramped up its short positions in European equities in recent weeks, bringing their total value to an estimated $22 billion", MarketWatch reports.
Nicholas extracts a chart by John Del Vecchio at lmtr.com where it illustrates the ratio between stocks and commodities at the lowest in over 50 years.
As the author states:
"I like to look for extremes in the markets. Extremes often pinpoint areas where returns can be higher and risk lower than in other time periods. Take the relationship between commodities and stocks. The chart below shows that commodities haven not been cheaper than stocks in a generation. We often hear this time it is different” to justify what’s going on in the world. But, one thing that never changes is human nature. People push markets to extremes. Then they revert. "
![](https://coinlive.io/ckeditor_assets/pictures/954/content_2018-05-30_1459.png)
Bitcoin ETF the Holy Grail for a Cyclical Multi-Year Bull Run
It is precisely from this last chart above that leads Nicholas to believe we are on the verge of a resurgence in commodity prices. Not only that but amid the need of all this capital to exit stocks and to a certain extent risky bonds (Italian), a new commodity-based digital currency ETF based on Bitcoin will emerge in 2018.
The author of Datadash highlights the consideration to launching a Bitcoin ETF by the SEC. At CoinLive, our reporting of the subject can be found below:
"Back in April, it was reported that the US Securities and Exchange Commission (SEC) has put back on the table two Bitcoin ETF proposals, according to public documents. The agency is under formal proceedings to approve a rule change that would allow NYSE Arca to list two exchange-traded funds (ETFs) proposed by fund provider ProShares. The introduction of an ETF would make Bitcoin available to a much wider share of market participants, with the ability to directly buy the asset at the click of a button, essentially simplifying the current complexity that involves having to deal with all the cumbersome steps currently in place."
Nicholas refers to the support the Bitcoin ETF has been receiving by the Cboe president Chris Concannon, which is a major positive development. CoinLive reported on the story back in late March, noting that "a Bitcoin ETF will without a doubt open the floodgates to an enormous tsunami of fresh capital entering the space, which based on the latest hints by Concannon, the willingness to keep pushing for it remains unabated as the evolution of digital assets keeps its course."
It has been for quite some time CoinLive's conviction, now supported by no other than Nicholas Merten from Datadash, that over the next 6 months, markets will start factoring in the event of the year, that is, the approval of a Bitcoin ETF that will serve as a alternative vehicle to accommodate the massive flows of capital leaving some of the traditional asset classes. As Nicholas suggests, the SEC will have little choice but to provide alternative investments.
Bitcoin as a Hedge to Lower Portfolios' Volatility
Last but not least, crypto assets such as Bitcoin and the likes have an almost non-existent correlation to other traditional assets such as stocks, bonds, and commodities, which makes for a very attractive and broadly-applicable diversification strategy for the professional money as it reduces one’s portfolio volatility. The moment a Bitcoin ETF is confirmed, expect the non-correlation element of Bitcoin as a major driving force to attract further capital.
Anyone Can Be Wrong Datadash, But You Won't be Wrong Alone
Having analyzed the hypothesis by Nicholas Merten, at CoinLive we believe that the conclusion reached, that is, the creation of a Bitcoin ETF that will provide shelter to a tsunami of capital motivated by the diversification and store of value appeal of Bitcoin, is the next logical step. As per the timing of it, we also anticipate, as Nicholas notes, that it will most likely be subject to the price action in traditional assets. Should equities and credit markets hold steady, it may result in a potential delay, whereas disruption in the capital market may see the need for a BTC ETF accelerate. Either scenario, we will conclude with a quote we wrote back in March.
"It appears as though an ETF on Bitcoin is moving from a state of "If" to "When."
Datadash is certainly not alone on his 50k call. BitMEX CEO Arthur Hayes appears to think along the same line.
On behalf of the CoinLive Team, we want to thank Nicholas Merten at Datadash for such enlightening insights.
submitted by Ivo333 to BitcoinMarkets [link] [comments]

Professional Forex Traders Follow These Things And So Should You!

Professional Forex Traders Follow These Things And So Should You!
In all the fields the most successful people have just one secret and that is to follow a set of rules without a fail. Forex trading is no different from other professions. There is a list of things that all successful traders have been following and whether you are a beginner or a seasoned trader, following the tips mentioned in this post will also smoothen your way to progress.

Hafizzat Rusli
1. Aim For A Goal And Define Your Style For Trading
Having a goal or destiny set in your head always helps you reach it easily. It clears up your mind, helps you eliminate extra or unnecessary things, pick up the essentials and define a pace to achieve smaller goals.
With defined goals, you will be able to choose the different ways to achieve them and also help you to figure which of the ways will be the best. It just does not help you choose the best way but also gives you an option of plan b in case the prior does not work well for you.
2. Picking Up The Right Broker And A Suitable Trading Platform
The paramount of being a successful trader is to know what trading platform suits you the best and if you have also chosen the right broker. The platform you want to work on is very much related to the broker you choose. It is the broker who will be providing you with a trading platform so you must choose the particular broker who can provide you the platform which you want to use.
Do thorough research on both the trading platform and the broker because an appropriate trading platform is useless if the choice of broker is not right and the vice versa.
3. Be Consistent With Your Methods
Before starting forex trading professionally you have to choose some trading styles, right broker, trading platform, etc. As important is this step, sticking to the methodology is equally significant. If you keep changing your methodologies and strategies, you will be on phase one and that is going to take you nowhere near to the success. Once you have picked up your trading style (which should also be done after complete research) then stick to it and keep making yourself better at it with practice and time.
4. Do An Analysis Every week
The forex market is closed on the weekend and that is surely the time to relax for a while but also a thorough analysis. On the weekends you can take some time out to study the weekly charts, go through the political and geopolitical news of the country whose currency you have invested in. This strategy keeps you on toes and in case there is some loss coming your way you can reduce its impact or even dodge it completely.
5. Determine Entry and Exit Points
Many traders get confused by conflicting information that occurs when looking at charts in different timeframes. What shows up as a buying opportunity on a weekly chart could show up as a sell signal on an intraday chart. Therefore, if you are taking your basic trading direction from a weekly chart and using a daily chart to time entry, be sure to synchronize the two. In other words, if the weekly chart is giving you a buy signal, wait until the daily chart also confirms a buy signal. Keep your timing in sync.
6. Expectancy Calculation
The formula for determining the reliability of your system or strategy is known as expectancy. By calculating expectancy we mean that you should be comparing your wins with your losses. Once you know if you won more or the times you lost was more, the next step is to figure out how big were both wins and losses.
E= [1+ (W/L)] * [P-1]
E is expectancy, W is for wins, L is for losses and P represents win ratio percentage.
In forex trading, this is a very important thing to keep on the right track.
7. Have A Formal Printed Record Of Your Steps
One of the best tools to learn and grow is a printed record. You can print a chart use it to record things like entry and exit points, the reason to make a trade, the reason to retreat from a particular trade, the trades in which you were overconfident and suffered a loss, the wise strategies that you followed, and similar things which in future will help you to make better decisions.
submitted by HafizzatRusli14 to u/HafizzatRusli14 [link] [comments]

stock marketing full guide 2019

stock marketing full guide 2019
stock market

What's the Stock Market? full guide.

The inventory market refers back to the assortment of markets and exchanges the place common actions of shopping for, promoting, and issuance of shares of publicly-held firms happen. Such monetary actions are performed by way of institutionalized formal exchanges or over-the-counter (OTC) marketplaces which function underneath an outlined set of laws. There may be a number of inventory buying and selling venues in a rustic or an area which permit transactions in shares and different types of securities.
Whereas each phrase - inventory market and inventory alternate - are used interchangeably, the latter time period is usually a subset of the previous. If one says that she trades within the inventory market, it implies that she buys and sells shares/equities on one (or extra) of the inventory alternate(s) which are a part of the general inventory market. The main inventory exchanges within the U.S. embrace the New York Stock Exchange (NYSE), Nasdaq, the Higher Different Buying and selling System (BATS). and the Chicago Board Options Exchange (CBOE). These main nationwide exchanges, together with a number of different exchanges working within the nation, type the inventory market of the U.S.
Although it's known as an inventory market or fairness market and is primarily identified for buying and selling shares/equities, different monetary securities - like exchange-traded funds (ETF), corporate bonds and derivatives primarily based on shares, commodities, currencies, and bonds - are additionally traded within the inventory markets.

Read also.

Inventory Market

Understanding the Inventory Market

Whereas right this moment it's potential to buy nearly every part online, there's often a delegated marketplace for each commodity. For example, folks drive to metropolis outskirts and farmlands to buy Christmas bushes, go to the native timber market to purchase wooden and different obligatory materials for house furnishings and renovations, and go to shops like Walmart for his or her common grocery provides.
Such devoted markets function a platform the place quite a few patrons and sellers meet, work together and transact. For the reason that a variety of market individuals is large, one is assured of good worth. For instance, if there is just one vendor of Christmas bushes in your complete metropolis, he could have the freedom to cost any worth he pleases because the patrons gained’t have wherever else to go. If the variety of tree sellers is massive in a standard market, they must compete in opposition to one another to draw patrons. The patrons can be spoiled for selection with low- or optimum-pricing making it a good market with worth transparency. Even whereas buying online, patrons examine costs supplied by totally different sellers on the identical buying portal or throughout totally different portals to get one of the best offers, forcing the assorted online sellers to supply one of the best worth.
An inventory market is an identical designated marketplace for buying and selling numerous sorts of securities in a managed, safe and managed the atmosphere. For the reason that inventory market brings collectively a whole bunch of hundreds of market individuals who want to purchase and promote shares, it ensures honest pricing practices and transparency in transactions. Whereas earlier inventory markets used to situation and deal in paper-based bodily share certificates, the fashionable day computer-aided inventory markets function electronically.

How the Inventory Market Works

In a nutshell, inventory markets present a safe and controlled atmosphere the place market individuals can transact in shares and different eligible monetary devices with confidence with zero- to low-operational danger. Working underneath the outlined guidelines as acknowledged by the regulator, the inventory markets act as primary markets and as secondary markets.
As the main market, the inventory market permits firms to the situation and promote their shares to the wider public for the primary time by way of the method of initial public offerings (IPO). This exercise helps firms increase obligatory capital from traders. It primarily implies that an organization divides itself into quite a few shares (say, 20 million shares) and sells part of these shares (say, 5 million shares) to the wider public at a worth (say, $10 per share).
To facilitate this course of, an organization wants a market the place these shares may be offered. This market is offered by the inventory market. If every part goes as per the plans, the corporate will efficiently promote the 5 million shares at a worth of $10 per share and acquire $50 million value of funds. Traders will get the corporate shares which they will anticipate to carry for his or her most well-liked length, in anticipation of rising in share worth and any potential revenue within the type of dividend funds. The inventory alternate acts as a facilitator for this capital elevating course of and receives a charge for its providers from the corporate and its monetary companions.
Following the first-time share issuance IPO train known as the itemizing course of, the inventory alternate additionally serves because the buying and selling platform that facilitates common shopping for and promoting of the listed shares. This constitutes the secondary market. The inventory alternate earns a charge for each commerce that happens on its platform in the course of the secondary market exercise.
The inventory alternate shoulders the accountability of making certain price transparency, liquidity, price discovery and honest dealings in such buying and selling actions. As nearly all main inventory markets throughout the globe now function electronically, the alternate maintains buying and selling techniques that effectively handle the purchase and promote orders from numerous market individuals. They carry out the worth matching operate to facilitate commerce execution at a worth honest to each patron and sellers.
A listed firm can also supply new, extra shares by way of different choices at a later stage, like by way of rights issue or by way of follow-on offers. They could even buyback or delist their shares. The inventory alternate facilitates such transactions.
The inventory alternate usually creates and maintains numerous market-level and sector-specific indicators, just like the S&P 500 index or Nasdaq 100 index, which give a measure to trace the motion of the general market.
The inventory exchanges additionally preserve all firm information, bulletins, and monetary reporting, which may be often accessed on their official web sites. An inventory alternate additionally helps numerous different corporate-level, transaction-related actions. For example, worthwhile firms might reward traders by paying dividends which often comes from the part of the corporate’s earnings. The alternate maintains all such data and will assist its processing to a sure extent.

Features of an Inventory Market

An inventory market primarily serves the next features:
Truthful Dealing in Securities Transactions: Relying on the usual rules of demand and supply, the inventory alternate wants to make sure that all market individuals have instantaneous entry to information for all purchase and promote orders thereby serving to within the honest and clear pricing of securities. Moreover, it also needs to carry out environment-friendly matching of acceptable purchase and promote orders.
For instance, there could also be three patrons who've positioned orders for purchasing Microsoft shares at $100, $105 and $110, and there could also be 4 sellers who're keen to promote Microsoft shares at $110, $112, $115 and $120. The alternate (by way of their pc operated automated buying and selling techniques) wants to make sure that one of the best purchase and greatest promote are matched, which on this case is at $110 for the given amount of commerce.
Environment-friendly Value Discovery: Inventory markets must assist an environment-friendly mechanism for worth discovery, which refers back to the act of deciding the correct worth of a safety and is often carried out by assessing market provide and demand and different components related to the transactions.
Say, a U.S.-based software program firm is buying and selling at a worth of $100 and has a market capitalization of $5 billion. Information merchandise is available in that the EU regulator has imposed a wonderful of $2 billion on the corporate which primarily implies that 40 % of the corporate’s worth could also be worn out. Whereas the inventory market might have imposed a buying and selling worth vary of $90 and $110 on the corporate’s share worth, it ought to effectively change the permissible buying and selling worth restrict to accommodate for the potential adjustments within the share worth, else shareholders might battle to commerce at a good worth.
Liquidity Upkeep: Whereas getting the variety of patrons and sellers for a specific monetary safety are uncontrolled for the inventory market, it wants to make sure that whosoever is certified and keen to commerce will get instantaneous entry to position orders which ought to get executed on the honest worth.
Safety and Validity of Transactions: Whereas extra individuals are vital for environment-friendly working of a market, the identical market wants to make sure that all individuals are verified and stay compliant with the required guidelines and laws, leaving no room for default by any of the events. Moreover, it ought to make sure that all related entities working out there should additionally adhere to the principles, and work inside the authorized framework given by the regulator.
Help All Eligible Kinds of Contributors: A market is made by quite a lot of individuals, which embrace market makers, traders, merchants, speculators, and hedgers. All these individuals function within the inventory market with totally different roles and features. For example, an investor might purchase shares and maintain them for long run spanning a few years, whereas a dealer might enter and exit a place inside seconds. A market maker gives obligatory liquidity out there, whereas a hedger might prefer to commerce in derivatives for mitigating the danger concerned in investments. The inventory market ought to make sure that all such individuals are capable of function seamlessly fulfilling their desired roles to make sure the market continues to function effectively.
Investor Safety: Together with rich and institutional traders, a really massive variety of small traders are additionally served by the inventory marketplace for their small quantity of investments. These traders might have restricted monetary information, and will not be totally conscious of the pitfalls of investing in shares and different listed devices. The inventory alternate should implement obligatory measures to supply the required safety to such traders to protect them from monetary loss and guarantee buyer belief.
For example, an inventory alternate might categorize shares in numerous segments relying on their danger profiles and permit restricted or no buying and selling by widespread traders in high-risk shares. Derivatives, which have been described by Warren Buffett as monetary weapons of mass destruction, aren't for everybody as one might lose far more than they guess for. Exchanges usually impose restrictions to forestall people with restricted revenue and information from entering into dangerous bets of derivatives.
Balanced Regulation: Listed firms are largely regulated and their dealings are monitored by market regulators, just like the Securities and Exchange Commission (SEC) of the U.S. Moreover, exchanges additionally mandate sure necessities – like, well timed submitting of quarterly monetary stories and instantaneous reporting of any related developments - to make sure all market individuals grow to be conscious of company happenings. Failure to stick to the laws can result in the suspension of buying and selling by the exchanges and different disciplinary measures.

Regulating the Inventory Market

An area monetary regulator or competent financial authority or institute is assigned the duty of regulating the inventory market of a rustic. The Securities and Alternate Fee (SEC) is the regulatory physique charged with overseeing the U.S. inventory markets. The SEC is a federal company that works independently of the federal government and political strain. The mission of the SEC is acknowledged as: "to guard traders, preserve honest, orderly, and environment-friendly markets, and facilitate capital formation."

Inventory Market Contributors

Together with long-term traders and brief time period merchants, there are a lot of several types of gamers related to the inventory market. Everyone has a singular function, however, lots of the roles are intertwined and rely on one another to make the market run successfully.
  • Stockbrokers, also called registered representatives within the U.S., are the licensed professionals who purchase and promote securities on behalf of traders. The brokers act as intermediaries between the inventory exchanges and the traders by shopping for and promoting shares on the traders' behalf. An account with a retail dealer is required to realize entry to the markets.
  • Portfolio managers are professionals who make investments portfolios, or collections of securities, for purchasers. These managers get suggestions from analysts and make the purchase or promote choices for the portfolio. Mutual fund firms, hedge funds, and pension plans use portfolio managers to make choices and set the funding methods for the cash they maintain.
  • Investment bankers characterize firms in numerous capacities, comparable to personal firms that wish to go public through an IPO or firms which are concerned in pending mergers and acquisitions. They care for the itemizing course of in compliance with the regulatory necessities of the inventory market.
  • Custodian and depot service suppliers, that are establishment holding prospects' securities for safekeeping in order to reduce the danger of their theft or loss, additionally function in sync with the alternative to switch shares to/from the respective accounts of transacting events primarily based on buying and selling on the inventory market.
  • Market maker: A market maker is a broker-dealer who facilitates the buying and selling of shares by posting bid and ask costs together with sustaining a listing of shares. He ensures adequate liquidity out there for a specific (set of) share(s), and income from the distinction between the bid and the ask worth he quotes.

How Inventory Exchanges Make Cash

Inventory exchanges function as for-profit institutes and cost a charge for his or her providers. The first supply of revenue for these inventory exchanges are the revenues from the transaction charges which are charged for every commerce carried out on its platform. Moreover, exchanges earn income from the itemizing charge charged to firms in the course of the IPO course of and different follow-on choices.
The alternate additionally earn from promoting market information generated on its platform - like real-time information, historical information, abstract information, and reference information – which is significant for fairness analysis and different makes use of. Many exchanges will even promote know-how merchandise, like a buying and selling terminal and devoted community connection to the alternate, to the events for an acceptable charge.
The alternate might supply privileged providers like high-frequency trading to bigger purchasers like mutual funds and asset management companies (AMC), and earn cash accordingly. There are provisions for regulatory charge and registration charge for various profiles of market individuals, just like the market maker and dealer, which type different sources of revenue for the inventory exchanges.
The alternate additionally make income by licensing their indexes (and their methodology) that are generally used as a benchmark for launching numerous merchandise like mutual funds and ETFs by AMCs.
Many exchanges additionally present programs and certification on numerous monetary matters to trade individuals and earn revenues from such subscriptions.

Competitors for Inventory Markets

Whereas particular person inventory exchanges compete in opposition to one another to get most transaction quantity, they're dealing with menace on two fronts.
Darkish Swimming pools: Dark pools, that are personal exchanges or boards for securities buying and selling and function inside personal teams, are posing a problem to public inventory markets. Although their authorized validity is topic to native laws, they're gaining a reputation as individuals save massive on transaction charges.
Blockchain Ventures: Amid rising reputation of blockchains, many crypto exchanges have emerged. Such exchanges are venues for buying and selling cryptocurrencies and derivatives related to that asset class. Although their reputation stays restricted, they pose a menace to the standard inventory market mannequin by automating a bulk of the work completed by numerous inventory market individuals and by providing zero- to low-cost providers.

Significance of the Inventory Market

The inventory market is among the most significant parts of a free-market economic system.
It permits firms to lift cash by providing inventory shares and company bonds. It lets widespread traders take part within the monetary achievements of the businesses, make income by way of capital gains, and earn cash by way of dividends, though losses are additionally potential. Whereas institutional traders {and professional} cash managers do get pleasure from some privileges owing to their deep pockets, higher information and better danger taking skills, the inventory market makes an attempt to supply a stage taking part in subject to widespread people.
The inventory market works as a platform by way of which financial savings and investments of people are channelized into the productive funding proposals. In the long run, it helps in capital formation & financial progress for the nation.

KEY TAKEAWAYS

  • Inventory markets are very important parts of a free-market economic system as a result of they permit democratized entry to buying and selling and alternate of capital for traders of all types.
  • They carry out a number of features in markets, together with environment-friendly worth discovery and environment-friendly dealing.
  • Within the US, the inventory market is regulated by the SEC and native regulatory our bodies.

Examples of Inventory Markets

The primary inventory market on the planet was the London inventory alternate. It was begun in a coffeehouse, the place merchants used to satisfy to alternate shares, in 1773. The primary inventory alternate in the USA of America began in Philadelphia in 1790. The Buttonwood settlement, so named as a result of it was signed underneath a buttonwood tree, marked the beginnings of New York's Wall Avenue in 1792. The settlement was signed by 24 merchants and was the primary American group of its type to commerce in securities. The merchants renamed their enterprise as New York Inventory and Alternate Board in 1817.
submitted by Red-its to forexinfo [link] [comments]

My VPS expired and I lost 30 odd pips

Started out with forex about 4 months ago, babypips, some other associated read, trying to understand some signal and then got in to scalping - learning by refining settings.
It’s been an up and down adventure, had an EA go a bit crazy and I freaked, closing trades and lost most of my profits.
About a week a go, I started to find a groove, I haven’t synced the stats but around 90% win. Until I had a fairly solid trade, USDCHF long, and I thought the trailing was in place but it dived and I lost out big (sort of).
The loss came from my VPS subscription expiring and the EA settings not enable properly, leaving my open trade with no supporting attributes.
Happy to put it down as a lesson, though I received no real notice - I knew it was soon, but no emails etc. It’s a mql5 VPS.
Thought to share, happy trading.
submitted by eemarepee to Forex [link] [comments]

Hedging - Good, Bad, the Dirty

Communication is all about clarity. We communicate some piece of information, the recipient gets it. Straightforward on the face of it. Speaking about trading will typically be succinct, focused, and very clear when complete.
The ‘audience’ has as many expectations as the speaker though: one should know the context and purpose of the information they are getting to a specific discourse.
I occasionally drop into jargon or analogy. It’s a personal weakness: I assume the audience will have the appropriate context of the situation, and knowledge of the context. It’s also a habit. I was on a recorded line for a decade, and use as few a words as possible in a business situation.
My writing, not so much.
I’ve hesitated to talk much about trading, because of ‘it’. I’ve seen ‘it’ far too often…..’it’ being people using language and jargon of trading without really knowing what they are talking about.
A great example of this is around options. People can pick up the definitions, the verbiage, the ‘lingua franca’ as it were.
Problem is, they have no clue what they are talking about in the whole.
Sure, definitions are known and expounded upon. But the context/situation remains in the abstract to them. Or what they are talking about doesn’t sync with the nature and purpose of the exposure they are taking on. Like talking about that cool new skateboard you’re riding as you're sitting on a bicycle.
This isn’t conceit or hubris - it’s only what I’ve observed. Hence the backstory above.
Speaking with u/modo85 and u/TheJosh last week plugged me in again to professionals face to face, and a recent post about Constellation by a sub got me thinking about trade again. So….I’m going to tackle the most misunderstood word in trade: hedging.
I was taught in business school that a hedge is a ‘risk neutral activity’.
One can find definitions for hedging in many places, and for the most part, they’ll align. What won’t is the people using the term.
Dynegy, Enron, and other companies took on ‘hedging programs’ that were often positions of leverage. Even the word ‘hedge fund’ is a relative misnomer. Looking at some of the bomb craters left behind by a couple of them....they were either simply a ponzi or flavours of insider trading. They weren’t hedging, they were stealing.
So, what’s a hedge?
A risk neutral activity that reduces aggregate risk to a primary exposure.
A Canadian company buying a greenhouse from an American supplier in 4 easy payments over the next 2 years? Great. You’ll have to pay in USD, so, buy forwards in 6 month increments, pay CAD at the time they come due, your forex exposure is gone, and the total cost is known in advance.
The USD/CAD rate might move for or against you during that time.
But that’s the point of a hedge: replace risk with certainty.
A while ago, Westjet bought a strip of jet fuel futures, taking out physical price exposure for (a very long) 2 years. While not unheard of, it’s a pretty big move. If jet fuel prices tank, they get to eat the difference. As it happened, jet fuel prices soared, Westjet bought physical with cash and offset the futures gains against it. They enjoyed a 2 year window of serious operational cost advantage, and their share price accretion showed it.
Prescient....or lucky? That’s what business books are written about.
This example might have prompted you to think about another industry where energy is the single largest direct input cost behind headcount (hint: it's cannabis)
Constellation’s entry through the CGC buy is another example of a hedge to myself. Different nature and purpose, but a hedge nonetheless.
In my eyes, STZ sells booze. Weed will impact aggregate sales of booze, with potential to reduce it.
STZ’s buy into the industry is a hedge is to replace dislodged revenue from booze by dope: cannabis exposure will replace these lost revenues, keeping STZ whole.
A hedging program is part of a larger initiative, and plugged directly into the strategic course of the business. It has topline impact.
If you’ve noticed - the Westjet and STZ examples above are for far different underlying purposes - but they are both simply hedges.
Hedging for the retail investor might entail seeking exposure to different provinces, or different links of the value chain, or perhaps within wholesale or retail price exposures.
With hedging, you are seeking to reduce, not enhance, existing exposure.
The other takeaway is (and there is one in here): don’t use terminology and trade terms unless you know exactly what you are talking about, or what the underlying purpose of using it is. It doesn’t matter what someone notices or thinks: any professional can tell pretty quickly if someone knows what they are talking about.
What really matters is that you know what you are actually doing when you take on risk of loss to your capital.
submitted by mollytime to TheCannalysts [link] [comments]

Beta Tester for App to Track Investments

Hello Guys, I'm developing/using a custom App to track my investments in UK and EU, (P2P lending, ETFs, Pensions, Forex?, etc...), some people asked me if I will release the App to the public, so I decided I will make it public. I am looking for 1 beta tester in UK, basically somebody who can play with the app everyday, who knows a little about taxes, stocks, p2p, crypto, and stuff like that... The app will NOT sync all your banks/brokers/platforms accounts, because some of them will not allow to access that data, so probably a lot of manual data will be necesary. if somebody is interested, contact me, you can see some old screenshots here: https://flowfin.tech/flowe
submitted by ChichoSpit to UKPersonalFinance [link] [comments]

NYC PHP Devlopers - how much are you making?

Hey guys, what's up? So a little bit of background - I am currently a Jr Full Stack PHP Dev (html,css,js,mysql,php) in NYC (financial district). I earned a degree in Finance in 2012 and worked as a helpdesk tech (ughhhhh - job market never recovered for Financial Analysts at investment banks) until 2013 while teaching myself webdev. I started at 30k as a tech (thanks college degree, you were really useful) and got a raise to 42k earlier this year after doing dev work for 1 year. I am nearing the 2 years of experience mark, and I feel I am being underpaid for working in NYC. I am currently the lead (95% of the work, aside from managing the scripts that sync an ERP accounting system with some SQL Server DB's) on a project where the goal was to make a front end billing portal for Sage 300 so that the vendors of a client can submit their invoices electronically instead of mailing papecalling/etc. I pretty much built this from the ground up, along with other projects for BMW (they are one of our clients) - a few internal web apps for key management people such as converting US accounting CSV's into a German format and logging any missing entries.
This is in addition to creating virtual machines, creating and managing SQL Server tables, spinning up IIS and LAMP servers, and various other (minor) tasks - occasional helpdesk and structured wiring in the field.
As for personal projects - I've written an image scraper that scrapes all new submissions of imgur albums in a certain subreddit and uploads them into folders on AmazonS3, and my other major personal project is an automated forex trading algorithm that pulls minute-by-minute data from a live forex feed, drops it into sql, and then makes trades based on that data. Also a bunch of wordpress sites but I don't really consider those as PHP experience, although some employers do (swolesnacks.com as an example - me and my roommates stagnant startup).
If any of you can chime in that can give me an idea as to how much I should be making (without knowing any frameworks - although I do know some OOP PHP) or how much you are making in a similar position in NYC, I would be very grateful.
The experience here has been great but I am living paycheck to paycheck after taxes get taken out and I think it is time for a change. My last raise was $12k in January and I only got it begrudgingly after my boss found out I was job hunting, not before when I asked for it. I like working here - I can walk in whenever between 9 and 10, wear gym shorts and flip flops, play some DOTA2 for an hour before I leave - but I like being able to pay my bills more than the non-monetary perks offered here.
Also, if anyone has any openings in NYC or Brooklyn for a Jr Dev, please let me know! I am open to learning Rails, Python, or Java if need be.
submitted by xgrave01 to PHP [link] [comments]

China's (Not) SAFE

Authored by Jeffrey Snider via Alhambra Investment Partners,
In another sign of repeating 2015, the Chinese are beginning to mobilize their “reserves” again. Three years ago, in a futile attempt to staunch CNY’s stubborn “devaluation” various government authorities blew through just about $1 trillion. It didn’t work. You would think that everyone could learn from this episode.
I think the Chinese did, which is why in 2017 they engineered the bypass through Hong Kong in order to hide the continued peril; _capital outflows_ in the mistaken parlance of the mainstream. All that changed, unsurprisingly, in January.
At first, unlike 2015, it was a trickle. Only small balances were deployed scattershot suggesting that officials weren’t going to repeat their mistake. Western Economists may still view foreign reserves as insurance against this kind of thing, but eurodollar squeeze #3 proved conclusively the absurdity of being so monetarily ignorant.
If you can’t steady your currency with $1 trillion, _no one_ can. Period.
To chuck that mind-boggling amount into the ether and get nothing to show for it is about as conclusive a demonstration. The PBOC and others’ reluctance to do the same thing in 2018 is therefore understandable. They let CNY go mostly unaddressed (apart from some clandestine operations here or there) because what else were they going to do?
This, I believe, explains why CNY plummeted in 2018 compared to the “ticking clock” stairstep decline two and three years ago. That’s another aspect monetary officials may now appreciate, how in the end the mobilization of reserves tends to make things worse.

All that may be changing, however. I have to assume with great reluctance, pretty much they don’t know what else to do. Foreign reserves are flowing out of the government’s various pockets all over again. China’s State Administration of Foreign Exchange (SAFE) reported that in September 2018 total foreign reserves fell by $22.69 billion. It was the most since January, that prior month a one-off fix.
Today, SAFE estimates that in October China shed another $33.93 billion. This was the largest monthly usage since the last ticking clock in 2016. On a 2-month basis, it is pretty clear things are getting serious in China with CNY hanging just on the other side of 7.0.

It is a pretty clear signal for escalation. Of what? All these things are connected; from eurodollars to Chinese foreign reserves to Chinese internal money (RMB). They all follow from this exogenous state. As the eurodollar system goes, so does everything else in China (as well as everywhere else).
In this case, if A = B, and B = C, then obviously A = C. In other words, all the factors pictured below (3 charts) are the same thing approached from different Chinese angles: eurodollars.


Thus, working backward, the more China feels compelled to act against various forms of internal monetary tightness we know right then its origin. China tells us everything we need to know about the eurodollar system, and therefore the dollar nobody on this side of the world pays any attention to (continuing the age-old policy of benign neglect that in the past eleven years has devolved into just criminal neglect).



The dollar shortage, or eurodollar squeeze, however you wish to call it, is growing more disruptive not less (where’s federal funds lately?) We can see the results of the disorder scattered all across the globe. Nothing is more consistent with the sudden struggles in the European economy of late as China’s declining foreign reserve balances.
Likewise, the absolutely huge warning in the oil market, the futures curve going contango, is very much related to China going 2015.
The list of unwelcome developments is multiplying and amplifying. Even the Western mainstream is finding it more and more difficult to just skate past all this. _Bloomberg_ last week (thanks M. Simmons):
The world’s major economies that entered 2018 accelerating in sync risk entering 2019 decelerating in sync.
The shift is being led by China, where the economy’s weakest performance since 2009 is set to worsen unless a peace can be struck in the trade war with the U.S. Factory readings from Asia already show a fallout, with Taiwan, Thailand and Malaysia slipping into contraction territory.
The euro-area too is losing momentum, expanding in the third quarter at half the pace of the prior three months as Italy and Germany stagnated.
Even the US may not be invulnerable, if the Economists quoted by the article are right (though they don’t know why, sticking with this trade war theory). I wrote back in September, as for months before, just where this is all heading:
From 2003 to 2009, it went: globally synchronized growth, decoupling, globally synchronized downturn. From 2010 to 2012, it went: globally synchronized growth, decoupling, globally synchronized downturn. From 2013 to 2016, it went: strong global growth (not synchronized), decoupling, synchronized downturn.
Last year to this year, it has gone: globally synchronized growth, decoupling. What comes next?
The answer is given to us by SAFE.
submitted by rotoreuters to zerohedge [link] [comments]

Can Chatbots be Intelligent?

Can Chatbots be Intelligent?
Businesses devise a billion ways of wooing customers, every day. If a chatbot can be a useful accomplice toward that end, why not give it a try? Afterall, who wouldn’t want a tool that can hold an intelligent conversation with customers, make them feel comfortable and bind them to your business.
Is it possible?
Recall that memorable scene from the award winning 2003 film, Lost in Translation, where an aging American actor, Bob Harris (played by Bill Murray), is on a set in Tokyo to shoot a whiskey commercial. The director, Yutaka Tadokoro, begins instructing Bob in Japanese, and the slapdash interpreter fails to capture the meaning—namely, it gets lost in translation. The process bogs down, and the commercial is a disaster.
You don’t want human-to-computer interactions to end up that way, right? But one-way communications prove to be too exasperating to users. People give up on trying to get a machine understand their intentions in a few clicks and presses. There’s that missing vibe, that interactive component in any human-computer engagement; and it’s the main reason a vast majority feels they must adapt to the technologies they use, rather than technology adapting to them.
https://preview.redd.it/mzxagl6zwrd11.jpg?width=220&format=pjpg&auto=webp&s=49da6f90e91dc9686b28c337b159b74c7f6dd3bf
Enter 2018, and we have artificial intelligence (AI)-driven chatbots that are revolutionizing human-computer interactions just the way the humans want it. Chatbots today are more adaptive to the way people speak and mimic their emotions to the nearest binary. 2018 is paving the way for a great chatbot innovation.
Meanwhile, developers are working tirelessly to bring in new consumer experiences to market. For example, once WhatsApp opens to bots next year, it will unlock direct access to over one billion new users. Chatbots are continuing to push the envelope of new technology further.
To reckon with, a chatbot isn’t an additional handle on your website or a fancy add-on. It’s the need of the hour for every business that’s flourishing or aspires to flourish. In a market that’s fiercely competitive, customers expect to receive accurate information quickly enough to make a decision. As a business owner, you need to cater to that need. If you don’t have funds to recruit more people to answer all the questions customers throw at you, then deploying a smart chatbot can rescue your business in that case.
https://preview.redd.it/vpuz6mb1xrd11.png?width=800&format=png&auto=webp&s=f615929b9f190e38afe38c3d59ba084dbfc9747b
But then intelligence also matters as it determines the kind of tasks or conversations your chatbot can handle. Needless to say, if you have a clear set of activities preconceived in your mind, you can build awesome customized bots.
Let’s take you through a short read about 5 important things that can make a chatbot intelligent.
1. Bots need to understand human conversations:
The bot needs to be quick and intelligent enough to understand the context of the conversation happening in real time. It’s about sense and sensibility, in conversations.
Normal human conversations are replete with instances of switching over context while talking, while at work - resuming a task, discarding the current task and switching to a newer one, or in general hold a task while the other is being executed and work on follow on. Human conversations tend to switch between contexts and variables (intents and entities), often combining multiple things into one.
Sample this response to a flight booking bot for example, "My Destination? San Francisco. But how's the weather over there?"
What should be the bot’s response here - capture the entity and continue booking or check the weather before that?
In this case, chatbots need to
  • have context switching abilities to handle interruptions smartly and provide full control to developers in defining the experience
  • capture unattended interruptions from a conversation flow and keep them accessible
  • be equipped with human conversations and have the ability to hold and resume a dialog for a certain amount of time and execute the tasks in sequential order, and especially while understanding human emotions
You may argue that a bot is after all a machine and cannot absorb emotions, but all said and done, it also depends partly on how much capability you build into it. So, it must be clever enough to filter the feelings of the customer. The bot needs to understand, analyze and respond based on the human emotion. For instance, if a customer messages an online shopping portal saying, “Your service is amazing, the delivery of items are always 2 to 3 days delayed”, none can miss the biting sarcasm intended in the statement. But if the bot isn’t developed to cater to this sort of sentiment, it may end up answering in a horribly awry manner.
https://preview.redd.it/a3p88148xrd11.png?width=800&format=png&auto=webp&s=f589d16a1d1407018f26c460404a69def2a4cf52
Intelligent bots will have: Sentiment analysis, context switching, hold and resume feature.
2. Standardization and uniformity in bot utterances
It’s important to remember that a chatbot must give vibes closest to humans as much as possible. The way humans carry the stamp of their personality and style, bots too need to be enabled to do that. When asked about something, a bot must respond in a particular way and pattern that sounds like a human. This warms the usecustomer and makes him feel at ease during the conversation with a chatbot.
“You must have direct connection with your customers as part of your brand’s identity, even more than your website that doesn’t seem to have an identity, this will have a personality.”- William Meisel
Thus, chatbots need to
  • understand and remember the user context - make all user information available in a single location and accessible
  • store the user profile with information like first name, last name and make it accessible to all the systems for the convenience of the user.
  • remember what a specific user talks to a specific bot, in an enterprise scenario it needs to keep certain features such as prompt for ‘Password length’ / ‘folder for HR information, constant for all the employees in the enterprise
It’s important for a chatbot to keep a current task which is being executed in an active mode and store information.
As a corollary, customers appreciate and connect with the support executives (call support executives/shopping store helpers) who can remember their preferences, can validate their purchases, help them with more information on products, and basically give importance to them while attending to their queries. For example, in a Forex platform the currency against each country is maintained constant across all systems for everyone to access. The platform tends to store the first and last name of the customer, their last transaction and their payment options.
Chatbots now have the responsibility to standardize their understanding of a customer and respond to them accordingly, whether in the manner of communicating or the speed with which they resolve their query. Chatbots need to converse with customers to extract this information and keep up to their pace.
https://preview.redd.it/flps4l6bxrd11.png?width=800&format=png&auto=webp&s=dee88672cef176ed92778e962a9029543ee6cbd9
Intelligent bots will have features like: Small talk, Bot user session, Enterprise context, User context and User session
3. Making the complex conversation sound simple
Chatbots are expected to break the complex structures of conversations into simpler tones and bring to a logical conclusion. Here’s where ‘Artificial Intelligence’ comes into play. Among the many types of chatbots, the most common ones are task specific that cater to a specific job, with pre-loaded answers and information. These type of chatbots have the ability to gather data from the internet, previous company database and other sources. Therefore, these bots are able to reply to diverse queries.
The intelligent bots, in addition, have the potential to mold the conversation the way the customer wants and guide him towards a specific solution. In an office setup, it’s common for a conversation like, “Hey Lisa, set up a meeting with Phani if he’s free”, to be handled between a Boss and Secretary. To enable that, the chatbot needs to first look up the calendar of ‘Phani’, find a suitable time for a meeting in sync with the Boss’s schedule and then reschedule the meeting. Chatbots thus need to break up complex sounding conversation into simpler nuances and then execute the task sequentially and logically.
Intelligent bots can also break down the conversation to its essence and action items. Let’s look at a very common scenario: ‘Customer tries to book tickets for 14th August, confirms on the choice of airlines, origin and destination and navigates to the next page, but feels that the pricing is very high. The customer then asks the bot to check for ‘15th August instead’. Here, based on the situation, the chatbot is acting and will be able to display the new prices by changing the date of journey.
https://preview.redd.it/bzfoasiexrd11.png?width=800&format=png&auto=webp&s=67d134343093daf3d239c9bcfd0b315fb687d333
Intelligent bots will have features like: Amend Entities, Planning.
4. Adapting to human utterances
In the context of human–computer communication, forming assumptions about what a system can do and understand is problematic for most people. In turn, forming assumptions about how users will “talk to” the system is also likely to be problematic for system developers. The potential for variability in how users will communicate with a system is enormous and has been dubbed “The Vocabulary Problem.”
An intelligent chatbot can not only handle queries smartly and remembers them through the session, but also learns new things with every conversation that happens, saves them and uses them appropriately for future instances.
In a human conversation and especially over voice, there are bound to be
  • expectation of elaboration or confirmation (“can you hear me?”, “I do not follow”)
  • request for repeat of sentences (“ I’m sorry I couldn’t hear that, can you please repeat it again?” “Sorry, can you repeat?”)
  • pauses (“can you please hold? [pause] thank you!”)
  • interruptions (“the number is 212-” “sorry can you start over?” )
The simplest thing to do when writing responses to command and inquiry utterances in a conversational UI is to get straight to the point: respond with facts. That’ll remove a lot of the ambiguity and simplify the dialogue.
It’s up to the intelligent chatbot to adapt to the way the human responds - with the referential context (or) pauses (or) specific context (or) synonyms (or) repetition (or) abbreviations (or) variations in dialect. The chatbot needs to map it pre-contextually. But like their human counterparts, chatbots’ conversational skills determine whether they earn you seamless, scalable transactions or just another horde of pissed-off customers. This needs a lot of training by the chatbot to help continue the conversations to the logical ending.
https://preview.redd.it/u5g63jovxrd11.jpg?width=1581&format=pjpg&auto=webp&s=1f394c933c28c1079cf290156de09f285b2054d1
Intelligent bots will have features like: Sync, Repeat, Interruptions and Pauses.
5. When bots are kept simple
Although AI chatbots’ task is complicated and they need to be built up that way, yet the effort should be made to keep it simple. They need to be comprehensive yet detailed. A customer initiating a conversation with a chatbot might already be troubled due to some poor service related issue, hence it’s better not to irk him further with complex interaction. The bot should be answering the already irked usecustomer in a most precise way possible without confusing the person further. It’s easy to figure out if you are talking to a bot or a human. Make sure the customer knows that they are talking to a bot by welcoming them with some sort of welcome message. Nobody likes being told the same thing over and over again, so why do chatbots keep doing it? Bots should detect when they’re about to repeat a previously given answer and switch strategies. If the answer didn’t resolve the user’s needs before, repeating it certainly won’t either. From the user interface, to the dialog flow the experience should be pleasant, and information given to the user needs to be valuable and crisp.
Twitter also provides the option to give your bot a custom name for different sections of the bot, which can be of use. It’s important to show what the chatbot is capable of doing with Quick Replies. The customer needs to be a guided stepwise within the conversation and with enough accessible options to choose from.
Lastly, there must always be a way to end the conversation with the bot and switch to a human agent. Many bots today include a Quick Reply to “Speak to an Agent”. Certain actions, such as open-ended visual search, are challenging to complete in a messaging environment. In those situations, bots can route to a website or app to help the user complete goals they couldn’t execute within the context of chat.
https://preview.redd.it/gc1j3z4sxrd11.jpg?width=578&format=pjpg&auto=webp&s=331b9de9fcfa0c26ddf34eeb93783e909ecab6cf
Intelligent bots will have features like: Simple UI, Simpler steps, Agent Handoff
In a nutshell, a chatbot must be programmed to not just provide optimum solutions to problems, but also converse with customers in an engaging manner. The interaction must be exciting and the bot must appear to be curious enough to answer all queries. People prefer lively interactions and a chatbot needs to meet that expectation.
https://preview.redd.it/erd22jzpxrd11.jpg?width=1505&format=pjpg&auto=webp&s=d83e0de6283b47b1210a912d26e23dd8023d3afc
For example, there are bots aligned with online shopping portals that can actually sense your liking and disliking. They can cancel orders for you accordingly and order the stuff that you actually want. Businesses are now moving way ahead than what anyone had ever thought of earlier. If we have an amazing concept like messenger or Kore.aiBots Platform, then why not use them to the full extent. Their proficiency in collecting massive data in a short period of time can be used to forecast upcoming business. You know it better how to get edgy with this interesting concept. The more you experiment with chatbots, the more you would get to know the wonders you can create with these little machines.
Some of the Global 2,000 companies and large enterprises are using Kore.ai Bots Platform to build their chatbots. How about you?
To get everything you need to build and deploy intelligent, enterprise-grade chatbots — without unnecessary complexity, click on Build your first BOT.
To ask questions, get tips, learn and grow with Kore.AI developer community, click on Ask questions on Developer Community.
Also Read on : Chatbots (of) the Future
Thank You
Phani Marupaka
LinkedIn| Tweet at : @phani_teja
submitted by PhaniTeja4 to u/PhaniTeja4 [link] [comments]

Can Chatbots be Intelligent?

Can Chatbots be Intelligent?
Businesses devise a billion ways of wooing customers, every day. If a chatbot can be a useful accomplice toward that end, why not give it a try? Afterall, who wouldn’t want a tool that can hold an intelligent conversation with customers, make them feel comfortable and bind them to your business.
Is it possible?
Recall that memorable scene from the award winning 2003 film, Lost in Translation, where an aging American actor, Bob Harris (played by Bill Murray), is on a set in Tokyo to shoot a whiskey commercial. The director, Yutaka Tadokoro, begins instructing Bob in Japanese, and the slapdash interpreter fails to capture the meaning—namely, it gets lost in translation. The process bogs down, and the commercial is a disaster.
https://preview.redd.it/6vqwiux3urd11.jpg?width=220&format=pjpg&auto=webp&s=fd5151869d3e932a32f56fc969406633cd3ba623
You don’t want human-to-computer interactions to end up that way, right? But one-way communications prove to be too exasperating to users. People give up on trying to get a machine understand their intentions in a few clicks and presses. There’s that missing vibe, that interactive component in any human-computer engagement; and it’s the main reason a vast majority feels they must adapt to the technologies they use, rather than technology adapting to them.
Enter 2018, and we have artificial intelligence (AI)-driven chatbots that are revolutionizing human-computer interactions just the way the humans want it. Chatbots today are more adaptive to the way people speak and mimic their emotions to the nearest binary. 2018 is paving the way for a great chatbot innovation.
https://preview.redd.it/27twgl16urd11.png?width=800&format=png&auto=webp&s=c2a83408e1f5a9495428fff1f4cc0414d30b8d84
Meanwhile, developers are working tirelessly to bring in new consumer experiences to market. For example, once WhatsApp opens to bots next year, it will unlock direct access to over one billion new users. Chatbots are continuing to push the envelope of new technology further.
To reckon with, a chatbot isn’t an additional handle on your website or a fancy add-on. It’s the need of the hour for every business that’s flourishing or aspires to flourish. In a market that’s fiercely competitive, customers expect to receive accurate information quickly enough to make a decision. As a business owner, you need to cater to that need. If you don’t have funds to recruit more people to answer all the questions customers throw at you, then deploying a smart chatbot can rescue your business in that case.
But then intelligence also matters as it determines the kind of tasks or conversations your chatbot can handle. Needless to say, if you have a clear set of activities preconceived in your mind, you can build awesome customized bots.
Let’s take you through a short read about 5 important things that can make a chatbot intelligent.
1. Bots need to understand human conversations:
The bot needs to be quick and intelligent enough to understand the context of the conversation happening in real time. It’s about sense and sensibility, in conversations.
Normal human conversations are replete with instances of switching over context while talking, while at work - resuming a task, discarding the current task and switching to a newer one, or in general hold a task while the other is being executed and work on follow on. Human conversations tend to switch between contexts and variables (intents and entities), often combining multiple things into one.
Sample this response to a flight booking bot for example, "My Destination? San Francisco. But how's the weather over there?"
What should be the bot’s response here - capture the entity and continue booking or check the weather before that?
In this case, chatbots need to
  • have context switching abilities to handle interruptions smartly and provide full control to developers in defining the experience
  • capture unattended interruptions from a conversation flow and keep them accessible
  • be equipped with human conversations and have the ability to hold and resume a dialog for a certain amount of time and execute the tasks in sequential order, and especially while understanding human emotions
You may argue that a bot is after all a machine and cannot absorb emotions, but all said and done, it also depends partly on how much capability you build into it. So, it must be clever enough to filter the feelings of the customer. The bot needs to understand, analyze and respond based on the human emotion. For instance, if a customer messages an online shopping portal saying, “Your service is amazing, the delivery of items are always 2 to 3 days delayed”, none can miss the biting sarcasm intended in the statement. But if the bot isn’t developed to cater to this sort of sentiment, it may end up answering in a horribly awry manner.
Intelligent bots will have: Sentiment analysis, context switching, hold and resume feature.
2. Standardization and uniformity in bot utterances
It’s important to remember that a chatbot must give vibes closest to humans as much as possible. The way humans carry the stamp of their personality and style, bots too need to be enabled to do that. When asked about something, a bot must respond in a particular way and pattern that sounds like a human. This warms the usecustomer and makes him feel at ease during the conversation with a chatbot.
“You must have direct connection with your customers as part of your brand’s identity, even more than your website that doesn’t seem to have an identity, this will have a personality.”- William Meisel
Thus, chatbots need to
  • understand and remember the user context - make all user information available in a single location and accessible
  • store the user profile with information like first name, last name and make it accessible to all the systems for the convenience of the user.
  • remember what a specific user talks to a specific bot, in an enterprise scenario it needs to keep certain features such as prompt for ‘Password length’ / ‘folder for HR information, constant for all the employees in the enterprise
It’s important for a chatbot to keep a current task which is being executed in an active mode and store information.
As a corollary, customers appreciate and connect with the support executives (call support executives/shopping store helpers) who can remember their preferences, can validate their purchases, help them with more information on products, and basically give importance to them while attending to their queries. For example, in a Forex platform the currency against each country is maintained constant across all systems for everyone to access. The platform tends to store the first and last name of the customer, their last transaction and their payment options.
Chatbots now have the responsibility to standardize their understanding of a customer and respond to them accordingly, whether in the manner of communicating or the speed with which they resolve their query. Chatbots need to converse with customers to extract this information and keep up to their pace.
Intelligent bots will have features like: Small talk, Bot user session, Enterprise context, User context and User session
3. Making the complex conversation sound simple
Chatbots are expected to break the complex structures of conversations into simpler tones and bring to a logical conclusion. Here’s where ‘Artificial Intelligence’ comes into play. Among the many types of chatbots, the most common ones are task specific that cater to a specific job, with pre-loaded answers and information. These type of chatbots have the ability to gather data from the internet, previous company database and other sources. Therefore, these bots are able to reply to diverse queries.
The intelligent bots, in addition, have the potential to mold the conversation the way the customer wants and guide him towards a specific solution. In an office setup, it’s common for a conversation like, “Hey Lisa, set up a meeting with Phani if he’s free”, to be handled between a Boss and Secretary. To enable that, the chatbot needs to first look up the calendar of ‘Phani’, find a suitable time for a meeting in sync with the Boss’s schedule and then reschedule the meeting. Chatbots thus need to break up complex sounding conversation into simpler nuances and then execute the task sequentially and logically.
Intelligent bots can also break down the conversation to its essence and action items. Let’s look at a very common scenario: ‘Customer tries to book tickets for 14th August, confirms on the choice of airlines, origin and destination and navigates to the next page, but feels that the pricing is very high. The customer then asks the bot to check for ‘15th August instead’. Here, based on the situation, the chatbot is acting and will be able to display the new prices by changing the date of journey.
Intelligent bots will have features like: Amend Entities, Planning.
4. Adapting to human utterances
In the context of human–computer communication, forming assumptions about what a system can do and understand is problematic for most people. In turn, forming assumptions about how users will “talk to” the system is also likely to be problematic for system developers. The potential for variability in how users will communicate with a system is enormous and has been dubbed “The Vocabulary Problem.”
An intelligent chatbot can not only handle queries smartly and remembers them through the session, but also learns new things with every conversation that happens, saves them and uses them appropriately for future instances.
In a human conversation and especially over voice, there are bound to be
  • expectation of elaboration or confirmation (“can you hear me?”, “I do not follow”)
  • request for repeat of sentences (“ I’m sorry I couldn’t hear that, can you please repeat it again?” “Sorry, can you repeat?”)
  • pauses (“can you please hold? [pause] thank you!”)
  • interruptions (“the number is 212-” “sorry can you start over?” )
The simplest thing to do when writing responses to command and inquiry utterances in a conversational UI is to get straight to the point: respond with facts. That’ll remove a lot of the ambiguity and simplify the dialogue.
It’s up to the intelligent chatbot to adapt to the way the human responds - with the referential context (or) pauses (or) specific context (or) synonyms (or) repetition (or) abbreviations (or) variations in dialect. The chatbot needs to map it pre-contextually. But like their human counterparts, chatbots’ conversational skills determine whether they earn you seamless, scalable transactions or just another horde of pissed-off customers. This needs a lot of training by the chatbot to help continue the conversations to the logical ending.
Intelligent bots will have features like: Sync, Repeat, Interruptions and Pauses.
📷
5. When bots are kept simple
Although AI chatbots’ task is complicated and they need to be built up that way, yet the effort should be made to keep it simple. They need to be comprehensive yet detailed. A customer initiating a conversation with a chatbot might already be troubled due to some poor service related issue, hence it’s better not to irk him further with complex interaction. The bot should be answering the already irked usecustomer in a most precise way possible without confusing the person further. It’s easy to figure out if you are talking to a bot or a human. Make sure the customer knows that they are talking to a bot by welcoming them with some sort of welcome message. Nobody likes being told the same thing over and over again, so why do chatbots keep doing it? Bots should detect when they’re about to repeat a previously given answer and switch strategies. If the answer didn’t resolve the user’s needs before, repeating it certainly won’t either. From the user interface, to the dialog flow the experience should be pleasant, and information given to the user needs to be valuable and crisp.
Twitter also provides the option to give your bot a custom name for different sections of the bot, which can be of use. It’s important to show what the chatbot is capable of doing with Quick Replies. The customer needs to be a guided stepwise within the conversation and with enough accessible options to choose from.
Lastly, there must always be a way to end the conversation with the bot and switch to a human agent. Many bots today include a Quick Reply to “Speak to an Agent”. Certain actions, such as open-ended visual search, are challenging to complete in a messaging environment. In those situations, bots can route to a website or app to help the user complete goals they couldn’t execute within the context of chat.
Intelligent bots will have features like: Simple UI, Simpler steps, Agent Handoff
In a nutshell, a chatbot must be programmed to not just provide optimum solutions to problems, but also converse with customers in an engaging manner. The interaction must be exciting and the bot must appear to be curious enough to answer all queries. People prefer lively interactions and a chatbot needs to meet that expectation.
https://preview.redd.it/ri36kv7aurd11.jpg?width=800&format=pjpg&auto=webp&s=b8d3f5a1bab5b31dc3617f4bb7645e88bf70f836
For example, there are bots aligned with online shopping portals that can actually sense your liking and disliking. They can cancel orders for you accordingly and order the stuff that you actually want. Businesses are now moving way ahead than what anyone had ever thought of earlier. If we have an amazing concept like messenger or Kore.aiBots Platform, then why not use them to the full extent. Their proficiency in collecting massive data in a short period of time can be used to forecast upcoming business. You know it better how to get edgy with this interesting concept. The more you experiment with chatbots, the more you would get to know the wonders you can create with these little machines.
Some of the Global 2,000 companies and large enterprises are using Kore.ai Bots Platform to build their chatbots. How about you?
To get everything you need to build and deploy intelligent, enterprise-grade chatbots — without unnecessary complexity, click on Build your first BOT.
To ask questions, get tips, learn and grow with Kore.AI developer community, click on Ask questions on Developer Community.
Also Read on : Chatbots (of) the Future
Thank You
Phani Marupaka
LinkedIn| Tweet at : @phani_teja
submitted by PhaniTeja4 to Chatbots [link] [comments]

Since the smart people seem to be here (as opposed to the other subreddit): Explain something to me.

What is the exact mechanism of the whole crypto market moving roughly in sync? "BTC drives the crypto market" is self-evident looking at the charts, but how? They trade independently. Yes there are ratio markets, and that conceptually ties BTC to other cryptos, although I'd think that volume on those markets would drive the currency/USD prices apart rather than together. Besides, the existence of a USD/GBP forex market doesn't mean those currencies move in sync against a third currency, the way BTC and LTC do.
In other words, I'm looking for a more operational answer than "the whole economy is up/down". What happens at the trade level that results in all the charts looking similar?
submitted by ratbastid to ltctrader [link] [comments]

Transcript of George Webb Video Series Part 101: "Hillary's Leakers, Hackers, and Henchmen" [@Georgwebb / #HRCRatlne]

submitted by browneyeofprovidence to TruthLeaks [link] [comments]

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Dynamic Sync Trading System

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