Trading with a multplier. What is a multiplier and how to ...

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

FOREX Strategies

What are FOREX Strategies?
https://preview.redd.it/ihmphstzguv51.jpg?width=960&format=pjpg&auto=webp&s=81f6b73c367d8695605514f8d32aaf3e2aeabc6e
You may have noticed that most of people confuse the terminology and refer to FOREX Strategies in the wrong way. There are methodologies, systems, strategies, and techniques. The most effective methodology is Price Language (Trend Tracking). Combined with a correct reading of mass psychology presented by the charts.
We know that in the Stock Markets there are thousands of strategies. FOREX, like the rest of the markets, presents you with the opportunity to apply similar strategies to win consistently. Taking advantage of repetitive psychological patterns.
First, the Price Language methodology has created great fortunes in FOREX, and the next fortune may be yours. But this methodology must be implemented within a framework of advanced concepts of Markets. Without forgetting the basics. And working hard day by day.
Second, a strategy is a set of parameters and techniques that together give you the advantage to act in any situation. Thus for example in war, generals have attack strategies and counterattack strategies.
FOREX strategies alike are entry strategies and exit strategies. All beginners should know these FOREX strategies for beginners. That way you will get a general idea of ​​the game and understand that trading is a war against the Market and its Specialists. Only applying FOREX strategies revealed by the same Specialists and using their own techniques,
... you can survive in this war.
Do not fall into the trap of the many "systems" and "methods" that are offered on the internet about operating in the FOREX Market. They just don't work in the long run. They are strategies based on indicators for the most part. Using rigid parameters. That if they can work and give profitability during a certain period of time, they will always reach a breaking point when the market changes its dynamics.
Instead, take advantage of your precious time and learn the Language of Price or Price Action.
The Language methodology will allow you to adapt to each new phase of the Market. If you combine this knowledge with the appropriate psychological concepts, you can live comfortably from speculation in FOREX.

Forex Trading Strategies Reddit - Basic FOREX Strategies

You have two basic FOREX strategies, one entry, and one exit. Both follow a general strategy that helps you capitalize on the collective behaviors of the Market. That is, of the total of participating speculators.
This behavior causes the formation of cycles that repeat over and over again. Driven by the basic emotions (uncertainty, greed, and panic) of the speculators involved that can be taken advantage of with the aforementioned FOREX strategies. Specialists identify these emotions in the order flow and capitalize on these events every hour, every day, and every month.
Basic FOREX Strategies - The Price Cycle
These repetitive cycles consist of 4 phases:
  1. Accumulation
  2. Upward trend
  3. Distribution
  4. Downward trend
https://preview.redd.it/6dvk2w0pduv51.png?width=300&format=png&auto=webp&s=a3ab65ca4eab6d20174b3327b862d8b59dcc13b7
The two trends can be easily identified by their notorious breakdown. And the two areas of uncertainty (accumulation and distribution), due to their notorious range trajectories.
This general behavior determines the core of our FOREX strategies.
You buy when the price of a pair has broken and has come out of one of its congestion formations (accumulation or distribution). You implement one of the Forex strategies, in this case, the entry one.
The multi-time technique will help you find the point of least risk when entering your initial buy or sell order. In the same way and using the same strategy but this time to close your position, the multiple timing technique will also show you how to close your operation obtaining the highest possible profit.
The most consistent way to extract profits in the market is by trading the start of trends within a cycle . Once confirmed by their respective breaks from the areas of uncertainty. This is the mother of all FOREX strategies . And in a market that operates 24 hours, we have more frequent cycles and therefore more opportunities.

Forex Trading Strategies Reddit - Advanced Forex Strategies

There are many advanced FOREX strategies that are generally used by professional speculators working for large financial firms.
Among these firms are banks, Investment Fund managers and Hedge Fund managers. The latter is an investment modality similar to Investment Funds, with the difference that Hedge Funds use more complex investment strategies. Its operations are more oriented to aggressive speculations in the short and medium-term.
Among the most common strategies is hedging (hedging), carry trade, automated systems based on quantum mathematics. And a large number of combinations between the different option strategies.

The Carry Trade

The central idea of ​​Carry Trade is to buy a pair in which the base currency has a considerably higher interest rate than the quoted currency. To earn the difference in rates regardless of whether the price of the pair rises or falls.
Suppose we buy a $ 100,000 lot of AUDJPY, which according to the rates on the chart would turn out to be the ideal instrument in this example to use the Forex carry trade strategy.
As our capital is in US dollars we have to assume for our example, the following quotes necessary to perform the place calculations:
AUD / JPY = 80.00 USD / JPY = 85.00
What happens internally in your broker is this.
  1. By placing as collateral $ 1,000 of your $ 50,000 of capital (assumed for this example), deposited in your account, you have access to $ 100,000 virtual (this is what is known as leverage); that is, you put in $ 1,000 and your broker lends you 99,000.
  2. With those $ 100,000 virtual dollars, your broker borrows on your behalf ¥ 8,500,000 Japanese yen (85 × 100,000) at 0.1% annual interest from a Japanese bank.
  3. With those ¥ 8,500,000 Japanese yen, your broker buys A $ 106,250 Australian dollars (8,500,000 / 80) and deposits it in an Australian bank where it receives 4.5% annual interest on your behalf.
  4. One year later (and regardless of the profit or loss generated by the pair's movement), your profit will be the difference between the AUD rate and the JPY rate, that is:
Profit = (AUD rate) - (JPY rate) - (costs of the 2 currency exchanges) Profit = (4.5%) - (0.1%) - (0.1% to 1%)
The great advantage of carry trade FOREX strategies is that this percentage profit is applied to the $ 100,000 of the standard lot; the broker transfers all of the profit to you, even if you only contributed $ 1,000. On the other hand, if you carry out the inverse of this operation, this benefit of the Forex carry trade becomes a cost (swap), and you assume it completely.
Remember that FOREX carry trade strategies are recommended for pairs with considerable interest rate differences, such as the one we have just seen in our example.
These FOREX strategies should also not be used in isolation. The idea is that through technical analysis you identify when would be the ideal time to enter the market using your carry trade Forex strategy and multiply your profits considerably.

What FOREX Strategies Do Hedge Funds Use?

The FOREX strategies used by large fund managers do not constitute an advantage in terms of percentage results for them, nor do they constitute a competitive disadvantage for you.
The vast majority of them fail because of their big egos. In fact, there was a firm made up of great financial geniuses, including 2 winners of the Nobel Prize in Economics, who developed a strategy based on quantum mathematical calculations.
With an initial base capital of about 3 billion dollars, and after 3 successful years obtaining annual returns of over 40%, the firm Long-Term Capital Management, begins its fourth year with losses. To counteract these losses the geniuses decide to multiply the initial capital several times, while the losses continued.
The year closed with the bankruptcy of the fund, and with a total accumulated loss of 1 trillion dollars, due to the great leverage used. And all for not admitting that the FOREX Strategies of Long Term Capital Management were not in line with the dynamics of the Market.
There are an overwhelming number of opportunities in the stock markets to make money interpreting the Language of Price.
You don't need to use complex "advanced" strategies that have been created to handle hundreds or billions of dollars.
The reasons for using these FOREX strategies are very different from what a "retail trader" pursues with his small speculation business.
As you can see, you should not worry about wanting to integrate any of these advanced strategies into your arsenal. They are only beneficial for managing hundreds or billions of dollars, where the return parameters are very different when you handle small amounts of capital.
Do not worry about collecting hundreds of free FOREX strategies that circulate on the internet, that great accumulation of mediocre information will only serve to confuse you and waste your valuable time.
Spend that time learning Price Action,
… And you will always be one step behind the Specialists, identifying each new Market condition, and anticipating the vast majority of reversals of all prices.
Ironically, the most successful fund managers indicate that their most profitable trades are those based on the basic trend-following strategies of the Price Language. The same ones that you will learn in this Free Course.
Dedicate yourself to perfecting them and believe me you won't need anything else. As long as you have good risk management, taking into consideration the following points ...

Styles of Investments in FOREX

The Investment FOREX long term is not recommended for small investors like you and me. If we take into account the term investing literally as large investors do who buy a financial product today to sell it years later.
We both have a better niche in the short and medium-term.
You may have noticed that the big multi-year trends in the Forex Market do exist. But minor swings within a big trend are usually very wide.
These minor movements allow us to easily double and triple the annual return of the big general trend, motivating most traders to speculate in the short and medium-term.
These minor oscillations or trends that occur within the large multi-year trends owe their occurrence mainly to two reasons.
First, the FOREX Market presents 3 sessions a day each in different cities of the world with different time zones (Asia, Europe, and America). This causes more frequent trend changes than in the rest of the stock markets.
Second, the purpose for which it was created also plays a role. The modern Foreign Exchange Market, since its inception in 1972, was conceived by the global financial system as a tool for speculation. To obtain benefits in the short and medium-term (from several days to 1 year).
These two points are basically the reasons why we observe the immense speed with which the FOREX market changes trends.
For example, for those who live in America, in the early morning (Europe) the EURUSD pair may be on the rise, in the morning or afternoon (America) it may be down, and then finally at night (Asia) it may return to the rise.

Define your Own Style for your FOREX Investments

One of the first decisions you will have to make is to choose your style as a trader or investor.
There are 4 types of well-defined styles.
Most professional traders tend to have multiple styles, although they always identify with one primary style for their FOREX investments. Study the characteristics of the 4 main styles to make your investments in FOREX :
1. Long Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per month to their investments in Forex. The period of an open position ranges from 1 year to 5 years.
2. Medium Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per week to their investments in Forex. The period of an open position ranges from 1 month to 1 year.
3. Short Term: recommended for anyone who is going to enter the market for the first time, or who already has a certain time operating in the long and medium-term, showing constant profits, and who can dedicate a minimum of one hour per day to your investments in FOREX. The period of an open position ranges from 1 day to 1 month.
4. Intraday : recommended only for people with a fairly solid earnings record in the short term, and with a capital greater than $ 50,000. As we have noted, this option constitutes a full-time job.
People who start investing in FOREX , should start executing short-term (weeks) and medium-term (months) transactions only, and not pay attention to intraday oscillations (day trading).
If you are interested in being an intraday speculator, I recommend that you first exhaust at least a year doing operations in the short and medium-term to assimilate the correct strategies and to develop the necessary mentality to carry out this work.
The second option would be to participate in some kind of intensive training.
I remind you that self-educating is almost impossible in speculation. You are likely to accumulate a lot of knowledge by reading books and attending courses. But you will probably never learn to make money with all the incomplete "systems" circulating on the internet.

Mistakes to Avoid When Looking for Your Style

Many people who are new to FOREX investments make the mistake of combining these styles, which is a key to failure.
I recommend that if you are not getting the results you expected by adopting one of these styles, do not try to change it. The problem sure is not in the style, but in your strategies or in your psychology.
A successful investor is able to make a profit in any longer trading time than he is used to. I explain. If you are already a profitable operator in the short term, it is very likely that you will also be profitable in the medium and long term,
… As long as you can interpret the Language of Price or Price Action.
In the opposite case, the same would not happen. If you were a medium-term trader, you would need time to adjust to the intraday. The reality is that long, medium and short term traders have very similar personalities. The intraday trader is completely different.

The Myth of the Intraday in Investments in FOREX

If you are already successful in the short, medium and long term, you will notice that the sacrifice and the hours necessary in front of the computer to operate intraday is much greater. The intraday style will be useful to increase your account if it is less than USD $ 100,000 in a very short time in exchange for 8 to 12 hours a day of hard work but ...
You must first develop the necessary skills to operate the intraday.
The ideal is to combine all the styles to get more out of the Market and carry out more effective transactions and have a diversification in your investments in FOREX.
There are intraday traders that are very successful, but the reality is that there are very few in the world that make a profit year after year. If you want to become an intraday, you just have to prepare yourself properly through intensive training.
Otherwise, I recommend that you don't even think about educating yourself to adopt the intraday style. It is not necessary to go against a probability of failure greater than 99%. Unless
... your ego is greater than your common sense.
The main reason why this style of investments in FOREX is not recommended for the vast majority of us "retail investors" (the official term "retail traders"), is the high operational cost.
The real commissions in this market range between $ 2.0 and $ 2.50 for each lot of 100,000 virtual units. This means that a complete operation (opening and closing) is approximately $ 5.00, for each standard lot traded ($ 100,000 virtual).
Another fundamental reason is the advent of robotic traders (HFT = High-Frequency Trading), which tend to manipulate the market in the shorter intraday swings. Please do not confuse HFTs with automated systems that we find daily on the internet, and that can be purchased for a few hundred dollars and often for free on FOREX forums / groups.
These HFTs to which I refer, they are effective. They cost millions of dollars and have been developed by the large Wall Street financial firms to manage their investments in FOREX.
The reality of the intraday trader is that you execute orders for large lots at the same time, to profit from the smallest movements in the market. It is an activity based on reflexes. The slightest oversight or distraction can turn into a catastrophe for your FOREX investments.
I recommend that you start investing in FOREX using slow time periods such as H4 or Daily. For some reason, all Goldman Sachs intraday FOREX investments are made with algorithms.

Finally…

To choose your style as a trader and manage your investments in FOREX, first determine what your degree of experience is, analyze the points mentioned below and the rest you will discover when you execute your first operations.
The points that will affect your decision are:
  • Capital
  • Time available each day
  • Level of Experience
  • Personality
Discovering your style is a search process. For some it will be a long way to find the right time frame that matches their personality. Don't be put off by the falls. After all, those who continue the path despite the falls are the ones who reach the destination.
And I hope you are one of those who get up over and over again. The next lesson will boost your confidence when you discover the main reason that moves currencies ...

Fundamental Analysis in Forex Trading Reddit

The fundamental analysis in Forex is used mostly by long-term investors. Players as we saw in the styles of operators, start a negotiation today, to close it years later.
I always emphasize the importance that the mass media give to this type of analysis to distract the great mass of participants.
It is all part of a great mass psychological manipulation. For centuries the ignorance of the masses has been organized before the great movements begin.
The important news are the macroeconomic reports published by the Central Banks and other government agencies destined for this work. All reports are made up. 99% of them are corrected months later.
These events are tools to justify fundamental analysis and price cleaning movements. Any silly headline does the job. With this, it is possible to absorb most of the existing liquidity, before the new trend phase is projected.

Reaction!

Except in rare situations, the result of an economic report of the fundamental analysis is generally already assimilated in the graph. In most cases, there are financial institutions that already have access to this information and are organizing and carrying out their operations in advance.
The phrase buy the rumor and sell the news is a very old adage on Wall Street. And its meaning contains what we have just explained. For the investor who can interpret the Language of Price, fundamental analysis is of little importance. Well, in general, their disclosure does not indicate that you have to take any action in your open trades , as long as your entry strategy provides you with a good support cushion.
This reality of fundamental analysis causes a lot of confusion for investors who lack in-depth knowledge of the forex market.

Macroeconomic Data

The data published in these events is irrelevant. Both for speculators and for the people in general. They are false. They lack reliability.
The price can go up or down with the same result of the data. The main ones are:
- Interest Rates - GDP (gross domestic product) - CPI (inflation) - ISM (manufacturing index) - NFP (payroll) - Double Deficits (deficit = fiscal + balance of payments)
If you are initiated, I recommend you avoid operating near these events. It is only a matter of having the time pending. Use the economic calendar for Fundamental Analysis of Forex Factory.
There is a probabilistic advantage in operating these fundamental analysis events. But it takes preparation, experience, and practice. They represent a way of diversifying in the general operation of a speculator.

The Uncertainty of Fundamental Analysis

On many occasions after the disclosure of an economic report, the price movement of the currency pair that is going to be affected tends to move in the opposite direction to the logic of the report.
I show you an example of a fundamental analysis report. Imagine that the EUR / USD pair is trading at 1.2500, and the FED (US Federal Reserve) issues a statement announcing that it has just raised inter-bank interest rates from 0.25 points to 0.75 points. Very positive news for the US dollar that logically implies an appreciation of the currency and consequently an instantaneous collapse of the EUR / USD pair (up the dollar and down the euro)
However, minutes after the release of said fundamental analysis report, the pair after effectively collapsing to 1.2400, returns and returns to its levels prior to the report (1.2500). This situation is very common , but it is not so easy to identify it when it is occurring, but after the damage is done.
Traps like these devour the accounts of beginners who approach the market with little experience, with weak strategies, and especially with very little experience.
That is why I reiterate that you forget the fundamental analysis for now. Just keep in mind when operating, that there is no publication scheduled nearby. Just check the economic calendar for the day and forget about the numbers. Let the economists mess around with the data.

FOREX Market Correlation

The Forex market correlation exists between pairs with similar "base" currencies and not always under the same circumstances. The correlation in the Forex market that is most followed and that has the greatest impact on fundamental analysis is that of the US dollar (USD).
The USD is the most traded monetary unit with a volume greater than 80% with respect to the rest of the currencies. This fact determines why their correlation is the most important, the most followed, and perhaps the only one worth following in the fundamental macro analysis.
The 7 major pairs are usually in sync . These 7 pairs all include the USD and present a fundamental analysis correlation almost 75% of the time. Influencing the rest of the currency pairs.

Advantages of the FOREX Market Correlation

In the fundamental analysis the most basic FOREX correlation is the following. When the USD appreciates, the USD / CAD, USD / CHF, and USD / JPY pairs tend to go up in price. This indicates that the Canadian dollar (CAD), the Swiss franc (CHF), and the Japanese yen (JPY) are losing value against the USD.
We must bear in mind that this correlation does not occur 100% of the time. In fact, the JPY generally tends to move in the opposite direction , since in recent decades this currency has been used as a source of financing to invest in other financial instruments.
On the other side is the FOREX market correlation that generates a movement almost in unison in the other 4 major pairs EUR / USD, GBP / USD, AUD / USD, and NZD / USD. These tend to fall in price, homologous the appreciation of the USD. But not always.
In this case the fundamental analysis correlation works most of the time, between 65 and 85% of the time. Small differences are noted in the extent that each of these pairs experiences.
There is also a correlation in the secondary FOREX market, where the pairs of all currencies that do not include the USD participate, but I recommend you not to waste time on them for now. There are more important things about the Language of Price to know first.

FOREX Commodity Correlation

In this part I will explain to you in a basic way the Correlation Commodities - FOREX of the fundamental analysis.
There are three currencies that have a direct correlation with commodities. They are usually called: "COMDOLLS" which is short for "Commodities Dollars" (Commodities Dollars), since all three obey the dollar denomination. These are:
- The New Zealand Dollar (NZD) - The Australian Dollar (AUD) - The Canadian Dollar (CAD)
These three currencies make up the group of the 8 largest together with the euro, the pound, the yen, the franc and the US dollar. Together, they merge to produce the major pairs traded in the FOREX Foreign Exchange Market.
The FOREX Commodity Correlation has an affinity in most cases greater than 75%. And each of them has its different raw material of correlation. You will notice that the NZD and the AUD are two currencies that act practically in unison. Both present minimal discrepancies in their fluctuations in the short, medium and long term.
This is mainly because their economies are very similar and their economic and fiscal policies are too. Their main production items also show great similarities, despite the fact that the Australian economy is much larger than the New Zealand economy.
The raw materials that follow the movement of the AUD are mainly gold and copper. If you put the history of these three quotes during the last decade of the year 2,000 together on the same chart, you will notice a very similar upward movement between the three quotes. Pure correlation of fundamental analysis.
This strong correlation with commodities in the metals area for the AUD has provided Australia with an economic advantage enviable over the other major powers that have seen their currencies devalue sharply against the AUD. At the same time, they experience a constant decrease in the purchasing power of their citizens.
The NZD maintains a correlation with raw materials related to agriculture and livestock, mainly including milk and its derivatives. It is one of the countries that dominates the world export of these economic items, and also has important exports of metals , although in smaller quantities than Australia.
Finally, you have a correlation with raw materials in the energy area. For historical reasons the CAD, which is not the largest oil producer in the world, but an important supplier to the largest consumer that is the US, has seen its currency oscillate in line with oil prices.
To make long-term investments in the Foreign Exchange Market, it is necessary to take into consideration at least one Commodity Correlation - FOREX in your fundamental analysis.

Forex Technical Analysis Reddit

The technical analysis is the methodology that interprets the movements of the price. Specialists look for liquidity to fund their business. The repetition of the strategies used by the specialists in their work generate repetitive patterns.
If you were an analyst, you would develop the visual ability to identify such patterns on a graph. If you were a programmer you would quantify them mathematically using complex formulas.
And if you could learn to interpret the Language of Price, you would have the ability to anticipate 90% of all movements that occur on a chart. And in this business, anticipating is what will make you money.
Market prices are reflected and framed on a horizontal time axis and a vertical price axis. Prices go up or down according to the aggressiveness of the participating operators. In an efficient or balanced market these oscillations should be imperceptible.
But in reality this is not the case, since the Market works thanks to the digital printing of hundreds of billions of units of paper money systematically distributed by the Central Banks through the banking system. These resources serve as a tool to manipulate 100% of the movements that occur in the FOREX Market.
Are you looking for Technical Indicators? All technical indicators were created from the 70's. How do you think that for more than 200 years the speculators of the past accumulated great wealth?
With the Language of Price. The best timing is given by the price itself. Indicator-generated entry signals usually occur at the wrong time.
The basis of technical analysis is human psychology. Unfortunately, human beings are not perfect and are loaded with emotions that dominate their behavior in similar situations, creating repetitive and highly predictable behavior when it occurs in masses.
The study of technical analysis through indicators and subjective training, originates and shapes the collective thinking on which all the traps that specialists execute every day to maintain their business are designed. If the majority won, the Market would cease to exist.
Although you already know that the patterns are not generated by the masses , but the repetitive behavior of the Specialists in the face of the action response of the masses. It is very easy for speculaists, because they can see everyone's orders in their books.
And they also exert a great influence on the decisions of the masses through the mass media. It is what I call the war between the Egg and the Stone , if you hit me you win and if I hit you also you win.

The Deception of Modern Technical Analysis

Through the centuries thousands of people have been able to extract great benefits from the financial markets by applying the basic strategies of technical analysis and the psychology of the Price Language.
More than 200 years ago when the markets began to operate officially, fundamental analysis predominated, which was only used by large financial institutions. As this analysis tool began to become popular, these institutions began to apply the strategies of technical analysis.
In recent decades and with the massification of internet technology, technical analysis has begun to be handled by anyone who has a computer with internet access. The same financial institutions, which have been present for more than a century and as a result of this overcrowding , establish a strategy to confuse and misinform about the true strategies of technical analysis.
This has been accomplished in the following manner. Currently there are hundreds, if not thousands of technical indicators that have been developed by so-called "gurus" of technical analysis and that sell their magic indicators packed in a "system" or "method" that usually cost thousands of dollars, or simply with the publication of a book with which they generate large profits. Double benefit.
The aim is to confuse the initiates in speculation and create the collective mentality that will originate the same behaviors over and over again. About 95% of these new entrants completely lose all the capital they invest in their early stages as investors.
Leaving them with a negative experience and creating the idea and the image that financial markets are an exclusive area for geniuses with high academic levels and that only they can produce returns in the markets year after year.
The initiate, having lost all his original capital, turns to these “gurus” for help and teachings. You spend more capital on the products they offer you and the cycle repeats itself . Obviously, the vast majority do not relapse and completely forget to re-engage in the stock markets.
I hope you have not been a victim of this drama.
Now I will show you the simplicity of a FOREX technical analysis , without the need to resort to any indicator as a tool to determine an effective entry or exit strategy when planning your operations.

The Price Cycle

Previously you studied in the FOREX strategies lesson, that the typical price cycle when it is reflected in a graph, presents four very specific phases and very easy to identify if you perform a technical analysis with common sense . These are:
  • Accumulation
  • Bullish trend
  • Distribution
  • Bearish trend
Remember also that the most effective way to constantly extract profits in the markets is by taking advantage of phases 2 and 4 (the trends). Combined with a correct reading of the collective behavior of the masses of speculators interpreting the Language of Price.
You will be surprised by the simplicity with which thousands of people around the world and over the centuries have accumulated large sums of money by drawing a few simple lines and applying responsible risk management with their capital.

How to Identify Trends?

Being able to determine the trend phases within the price cycle is the essence of technical analysis since it is these two phases that provide you with the probabilistic advantage you need to operate in the markets and obtain constant returns.
In the most plain and simple language, in the world of technical analysis, there are only two types of formations: trends and ranges.
The trends, in turn, can be bullish if they go up, or bearish if they go down. The ranges, on the other hand, can be accumulation if they are at the beginning of the cycle, or distribution if they are in the high part of the cycle. As I had indicated in the topic of FOREX strategies when describing the price cycle.
This sounds more like a play on words, but I will show you the practical definition to simplify your life and then you will apply these definitions on the graph so that everything makes more sense to you.
  • Bullish trend: a succession of major highs and major lows
  • Bearish trend: a succession of minor highs and minor lows
  • Floor Range: equal highs and varied lows
  • Ceiling Range: equal minimums and varied maximums
https://preview.redd.it/vvmsshf0guv51.png?width=600&format=png&auto=webp&s=c321679a7dcc03f7184778be86379ef442fddf91
Some key points from the graph:
  • The start of this big uptrend was detected when the last high (thick green line) of the previous downtrend was broken to the upside, ending the succession of lower highs, while exiting the lateral floor formation.
  • The succession of major lows in the uptrend (thin blue lines)
  • The succession of major highs in the uptrend (thin green lines)
  • The end of the uptrend was detected when the last low (thick blue line) of the uptrend was broken to the downside, ending the succession of higher lows, while exiting the lateral ceiling formation.
A tool that will help you sharpen your technical eye and identify trends on the chart is the Currency Scanner. This application is very effective and will provide you with a much-needed boost in your operations to identify reliable trends. At first, we are not sure how reliable a trend is. You will receive great help to find opportunities with the Currency Scanner .

The Common Sense, The Less Common of Senses

The central idea of ​​technical analysis consists in determining the price situation of a market, that is, in which phase of the pattern of its cycle it is currently conjugated with the collective thinking of the masses and the possible traps that the market would have prepared to remove. the capital at stake by the public.
To carry out a precise technical analysis, you will use the support and resistance lines, which can be static (horizontal) or dynamic (projecting an angle with respect to the horizontal axis).
Your common sense prevails here.
If you show a 10-year-old a chart, they will be able to tell you if the price is going up or down. You will most likely have no idea how to draw the lines, but you will be able to establish the general trend. Simply using your common sense.
By introducing indicators and other gadgets , the simplicity and effectiveness of the technical analysis created by your common sense evaporates.
The following graph conceptually shows you all the possible situations in which you could draw these lines to carry out your technical analysis of the place. You can clearly observe a downtrend delimited by its dynamic trend line and an uptrend on the right side with its respective dynamic delimitation.
https://preview.redd.it/5iehg0r6guv51.png?width=500&format=png&auto=webp&s=84c265a5d35da7ea970792c4bf40fe20b33bd8bd

Forex Charts Analysis

I want to remind you that the formations or patterns that develop on the charts (triangles, wedges, pennants, boxes, etc.) only work to execute trades that have initially been confirmed by the static support and resistance lines and to read the collective thinking of the masses.
Chart formations work, but you must know the Language of Price to determine when the Specialists will exploit a chartist figure, or when they will allow it to run. In fact, you will learn with the Language that you can operate a chart figure in any direction.
Much of the "mentalization" that the masses receive is to believe that the figures are made to be respected. Which is an inefficient way of working. Simply because you could wait days or months for a perfect chart figure to occur in order to perform a reliable trade. When in fact there are dozens every day.

Japanese Candles

Of all the tools you have to carry out technical analysis, perhaps the best known and most popular is the Japanese technique of candles (candlesticks).
Candles are mainly used to identify reversal points on the chart without resorting to confirmation of horizontal trend lines and only using a previous bar or candle breaks.
Its correct use is subject to a multi-time analysis (multiple temporalities) and a general evaluation of the context proposed by the market in general at the time of each scenario.
Later I will show you all the important details to take into account so that you use Japanese candles in a simple and very effective way.
Do not forget ... Trading in your beginnings based on formations (chartism) and candlestick patterns conjugated with hundreds of tools and technical indicators, constitutes the perfect path to your failure. Before using any strategy or technique I recommend you focus on learning the Price Language, which includes 3 basic things:
  • The Price: structure and dynamics
  • Market sentiment: relative strength, external shocks, etc.
  • Psychology: flexible mindset and risk acceptance
After you acquire this solid foundation, I guarantee that you will be able to trade any trading system that exists, any strategy, technique or chart figure in a profitable and consistent manner.
Specialists make money every day at the expense of the collective behavior caused by the use of these strategies and techniques. With which you will only manage to lose your capital and your time by putting the cart in front of the horse.
People who do the opposite, at best become,
... Philosophers of Speculation, or indocile Robot Assistants or Expert Advisors.
To make money in any market condition, range or trend, you must use the technical analysis based on the Price Language and combine it with a correct psychological reading of the price. This knowledge can only be acquired through proper education and lots of supervised practice. Like any other career in life.
I hope you've found this guide helpful!
submitted by kayakero to makemoneyforexreddit [link] [comments]

Never believed one could start a business with $0 capital. This sounds unbelievable but I was wrong.

Back in 2016, I dabbled into checking up how to start a digital business career. I scramble on various materials online on how to make money.
Oh shit! I wouldn't like the one that would want me to invest something first as I feared risking in a business I didn't know much about. I can say my risk believe system on online investment was zero.
My first knowledge in online business was in domain parking and flipping yet that will require you buy the domain from godaddy.com , namecheap.com, justdropped and many of those sites. I was looking for one that is free and I can park to earn me small bucks. But none!
I check up other ways like blogging especially I learnt that one can set up a free WordPress, blogger, tumblr and other free to use sites but your domain name will have there suffix in the dotcom. I innocently set up dailycashlife.wordpress.com
I put up some little articles on it which talks about making money online and some of the articles I have read on the niche.
Fast forward to 2017, I had absorbed much learning online especially on running facebook ads for businesses. I summoned a courage to chat a company I found their website online and I shared my experience. I was sincere to let them know that I am just starting out as a digital marketer but with much zeal to help any firm to turn in more sales and double their revenue.
I was given the chance to start up handling all their social media platforms with my little experience in graphics design.
That was when I made my first $20 for that service. Though I never expected anything as I couldn't consider myself to be an expert.
After making this bucks for a constant 3 months, I started trading forex from part of it and I made few profits too. Though I lost also but my capital management strategy worked out for me to turn in $200 from a $75 trade within 2 months.
That was how I started multiplying my investments online taking up more chances and today, I may not be so rich as you may think but I am comfortable with my strategy of earning online consistently doing so for barely 3 years now.
I doubted the article I read in 2016 on how one can start an investment with $0 capital. I think I owe the writer an apology for my doubting act.
submitted by MikelPompey to business [link] [comments]

Answers to the straight questions to the GV Team

Hi all! Recently we had a bunch of great questions that were asked in the Reddit, right over here: https://www.reddit.com/genesisvision/comments/bbtolk/straight_questions_to_the_gv_team_ten_so_fa
We took some time to prepare a reply and here it is!


Hello.
I am Ruslan Kamenskiy, the person responsible for the GV products in our team.
Thank you for the many questions. I will try to answer them as fully as possible, but before answering, I would like to make a small introduction so that members of the community understand more why things are happening anyway.
- Development of any project is always a series of trade-offs. Resources are always limited and the need to choose where to send them is always present. Our task is to distribute our resources optimally considering short-term missions and long-term objectives.
- We have a very active and large community. It consists of many different representatives. Everyone has their own needs, expectations, problems and pains. And often in some decisions, you need to look for a middle ground, and you can not please everyone. Investors want maximum security, minimum commissions and maximum profits. Managers want huge investments, minimum responsibility and maximum opportunities. Brokers and exchanges want maximum trading volumes from us. And many requirements of different market participants contradict each other. Therefore, we must always look for optimal solutions.
- As I said, we have a vast and active community. And as a result, we have a tremendous amount of feedback and suggestions. Every day they come to us from all channels (feedback portal, social networks, Reddit, support mail, and even private messages in telegram). Right now in our task tracker in backlog 160 feedbacks are hanging for implementation. We appreciate the feedback of our users, but unfortunately, due to limited resources, we cannot implement everything at the same time, so we prioritise requests and suggestions. It is excruciating for us to receive messages from our users stating "I suggested this a month ago, but this has not been implemented yet," but we hope for understanding. We are trying.
- Investors want the maximum possible profit with minimal risk. But this is impossible. If we go the route of the maximum of investors' safety (for example, we prohibit trading with leverage, we make maximum stop-outs, etc.), this will minimise the potential investor's profit and make the platform uninteresting for managers. We try to find the right balance between protecting investors from rogue managers and allowing investors to make informed on their decisions based on the analytical tools we provide to create transparency in the managers’ trading strategies. However, we do not believe that restricting managers too much is the best path forward for the ecosystem. We view our job as creating a fully transparent system that allows participants to make highly educated decisions => it is then up to them to take ownership of said decision.
- Almost every day we get the questions "When exactly this will be." We have internal deadlines for the implementation of various functions, but to make public statements about the exact date of the implementation of some functionality is not always the best idea, because there are many factors affecting the real state of affairs. And the delay, even for a couple of hours, is always perceived by the community as extremely negative. But we do not refuse to share information about our current work and immediate plans.
Why do you allow numerous programs by the same manager? Do you intend to curtail it to a limited number? If yes, how many? When will you implement?
Allowing managers to have several programs is necessary for the following reasons:
All information on the number and performance of all programs is public and available to investors.
Do you intend to pose restrictions on entry and success fees to prevent exploitative fees? If yes, what restrictions and when will you implement?
Restrictions on maximum fees are already present. At the same time, this information is available in the program details, which allows the investor to evaluate all the sizes of the commissions before making a decision on investing. Additionally, in order to avoid exploitative fees, the entry fee is charged only for programs that have reached level 3. All this together provides, in our opinion, a fairly transparent system of commissions, in which the investor has all the necessary information to make an educated decision. However, if you have any specific constructive suggestions for improving the system, we are always happy to listen and take them into account.
Do you intend to start adopting some form of intervention when a trader goes on downward money losing spiral? Some form of trading floor manager action after x% losses? If yes, how and when? If not, why not?
We have introduced the Stop-out functionality, just designed to limit the loss of investors. This is an industry standard solution that helps solve the problem described.
Do you intend to impose a cool-down time limit or even fee increase limit to prevent managers to close a program and immediately reopen another one? If yes, what/when will you implement?
Managers close and open new programs for various reasons, which is a normal workflow, and we do not want to artificially limit them in this. At the same time, information about the number of manager’s programs, as well as their performance, is public and available to investors for analysis. This information, in our opinion, should be sufficient to determine how honest a particular manager acts.
Do you intend to implement some form of deletion? In which way? When?
The level system is currently being analyzed and re-thought. At the same time, our community takes an active part in this process. Actual information can be obtained in our telegram (work on this is going right now).
Do you intend to return entree fees when a program that is announced for a period of X days terminates the program before the end of the period? When?
Entry fee is charged starting from 3rd level programs. This means that this is not a new program, but already having a certain history of successful trading.
However, your proposal is absolutely reasonable, and in some situations, returning an entry fee may be a fair decision. We are currently working on this issue and are considering how to improve the current situation.
Do you intend to implement a policy so that entry fees only vest if the manager makes more profit, net of success fees, than what was charged in the entry fee? When?
If you think about it, then this is quite a delicate issue, and we cannot count everything only by profit. I will give a specific example - in the first case, the investor invests 1 BTC in the Forex program, according to the results of the period, the manager does not show a substantial profit (say, he does not cover the entry fee minus the success fee), but during this time the whole crypto market has fallen by 50% (and we all know that this happens). Formally, the conditions for obtaining the entry fee you described are not met, but the manager has helped the investor save (and even multiply) his BTC holdings.
Here’s another situation - the investor invests the same 1 BTC in the ETH program, the manager shows a profit sufficient to pay the entry fee according to your policy, but due to a significant drop in the cost of the ETH, the investor is still in the red.
So who of these managers really deserves the entry fee? We believe both. Entry Fee is available to programs only from level 3, which means that the manager has successful trading experience, although even with many programs this value is set to zero. A performance-based fee is a success fee, and the entry fee, taking into account all factors, is wiser to leave unconditional, in order to observe the interests of all categories of users.
Do you intend to review the way the GVT token is used in the platform to actually create demand for the token? What are the ideas that you have recently been discussing? When are any of those ideas likely to be implemented?
Yes, we are constantly working on this issue. Some ideas have been described in recent blog posts (GVT burning, profit distribution in GVT, payment of a subscription for copying in GVT)
Nowadays, while the platform have programs with not too much capital, the amount of GVT required to get a discount does not make economic sense. Would you consider a temporary reduction in the number of GVT one needs to hold to get discounts on fees, in the same vein that Binance had very friendly reduced fees in its first year?
We have a discount for GVT holders selling on GM in the same way asBinance has discounts for holding BNB on their exchange. And you need to understand that Binance had very friendly fees during a completely different state of the crypto market. The capitalization of all cryptocurrency grew and was much easier to keep them low then it is now.
But we are working in this direction.
We already know you are planning a new level system. What are some additional concrete investor protection actions the GV team plans to implement? When can we expect them to be implemented?
The system of levels is now being revised with the participation of the community. Actual information can be obtained in our telegram (i.e., work on this is underway right now)
Will you rethink the functionality and design of the reinvestment toggle, and add clear labels so that users do not have their money tied up in funds that they do not wish to invest in? If yes, when?
The reinvest button has already been renamed to “Reinvest profit” for better understanding.
When and how will the UI be revamped (The dashboard, so it is clearer how investments are performing; More filters; Display of overall manager performance across all their programs)?
Regarding the question “how”, I can not answer shortly. For the answer, you would need to write a whole article, but you can be sure that we are constantly working on improving the UI based on your feedback. If you have been following the development of the platform for a long time, you might notice that with each major update, the UI changes significantly. This is due to the fact that Genesis Vision is a complex system with a lot of information, so it is often possible to find the right balance between informational content and convenience only through trial and error and only with the active participation of product users.
Will there be a way to withdraw everything at the next ending of a period? When/how are you going to implement this?
Yes, it is already being worked on, but we cannot point to an exact date at the moment.
Could you study a way to enable investors to withdraw invested money before the end of the reporting period, in particular if there is money not currently allocated to a trade? What is your thinking about alternative ways to implement this?
This issue is not so obvious. If you withdraw funds during the trading period, this can disrupt the manager's trading strategy. Even if these funds are now free, they can be used to maintain margins when trading with leverage. And if you take the money, then Margin Call will happen (and then Stop out) and all investors will lose money, because funds are not enough to maintain the position.
submitted by genesis-vision to genesisvision [link] [comments]

What are the commissions for trading in Forex?

With Forex trading, the brokers constantly advertise "no commission". And, of course that's true - except for a few brokers, who do charge a commission similar to stocks. But also, of course, the brokers aren't performing their trading services for free. They too make money.
The way they do that is by charging the investor a "spread". Simply put, the spread is the difference between the bid price and the ask price for the currency being traded. The broker will add this spread onto the price of the trade and keep it as their fee for trading. So, while it isn't a commission per se, it behaves in practically the same way. It is just a little more hidden.
The good news though is that typically this spread is only charged on one side of the transaction. In other words, you don't pay the spread when you buy AND then again when you sell. It is usually only charged on the "buy" side of the trades.
So the spread really is your primary cost of trading the Forex and you should pay attention to the details of what the different brokers offer.
The spreads offered can vary pretty dramatically from broker to broker. And while it may not seem like much of a difference to be trading with a 5 pip spread vs. a 4 pip spread, it actually can add up very quickly when you multiply it out by how many trades you make and how much money you're trading. Think about it, 4 pips vs. 5 pips is a difference of 25% on your trading costs.
The other thing to recognize is that spreads can vary based on what currencies you're trading and what type of account you open.
Most brokers will give you different spreads for different currencies. The most popular currency pairs like the EURUSD or GBPUSD will typically have the lowest spreads, while currencies that have less demand will likely be traded with higher spreads. Be sure to think about what currencies you are most likely to be trading and find out what your spreads will be for those currencies.
Also, some brokers will offer different spreads for different types of accounts. A mini account, for example, may be subject to higher spreads than a full contract account.
I have been using the same broker for over 5 years now and am very happy with their service and returns. 📷
source:- https://smartfxtrader.com/
submitted by Rohitpure to u/Rohitpure [link] [comments]

I have saved about USD $70,000. What are the various ways in which I can multiply this sum of money?

I'm a 32yr old single male. I have about USD $70,000 saved and I want to multiply this sum of money. At the moment I do not want to touch this 70K. It is like the only money I have apart from my monthly income, so I want to be quite careful with it. I want to figure out and test run a reliable system for at least 6 months to 1 year (on a small budget of less than US $700 per month) before expanding the system by injecting the 70K gradually into it. I want to reduce the risk of losing my shirt as much as possible.
I have skills in web/programming and systems stuff. I'm able to set up various kinds of servers / API, code scrapers, bots, APIs, web/backend applications and much more. I'm currently employed in this field.
I have experience setting up various businesses of service & product oriented nature (alone and with partners), but closed them eventually because of poor or negative returns. I'm willing to start another business, and I think it has to be 'connected' to the Internet in some way because I see the Internet as a huge 'force multiplier'. It gives you much more exposure, potential customer base etc, compared to setting up a small off-line shop in a small town.
I'm quite comfortable networking with people for business, and giving presentations etc.
I also have an interest in financial markets and trading. I've explored intra-day forex, bitcoin/crypto-currency trading. I've heard of eToro etc but no idea how to get started 'properly'. I do not think I want to do intra-day Forex, because of the constant attention I have to pay to it and stress. I know of guys who do "swing trading" who seem to make a ton of money but again have no idea how to learn the knowledge and skills properly (is there a course?). In this space I can see myself learning MTL, building bots etc in order to trade, but I do not know if this is the smartest path.
I also love games and gaming various systems ( cough ).
I'm located in Singapore, permanent resident here. Now at the age of 32, I'm single, free to move anywhere in the world I want to.
I'm looking for advice and guidance on systems (whether business or otherwise) that can make returns of 20% to 200%. And what do I have to do to get there and gain relevant experience efficiently (i.e not wasting time or money on snake oil). I'd like to especially hear from people who have turned similar or smaller sums of money into much larger sums of money.
submitted by arul20 to Entrepreneur [link] [comments]

Best Forex Trading Strategies That Work

Money is an important area of human life. So it is simultaneously important that the money
which the person already holds should increase. And for this reason, people make efforts to
increase the same. Some go for investments in various segments some deposit the same into the banks and some go for mutual funds and various options so, in the same way, some traders choose to work a trade with the same money for multiplying the same. So in trading, there are many markets available like Stocks, Forex and Indices.
Now choosing an appropriate market to work with is a step as important as it is. If we talk
about Forex then there are many reasons traders like Forex. In Forex traders choose to trade by their own but some takes wise decisions and choose to work with the help of Best Forex Signal Provider and these help traders to work in the Forex and make consistent profits.
1. The market where trading is free- Free means there are no charges like brokerage,
Government taxes, no exchange fee, no clearing fee as these charges are being charged in the
Various market. But in Forex, only one charge is taken from their trader which is called
Spread. The spread in nothing but the difference between buyers and sellers bid prices.
2. No fixed lot Size- In a certain market, the lot size is fixed. So to traders to work in that
The particular market needs to have the appropriate capital. But in Forex, the traders have
got the liberty to work with very small capital as in the Forex the lot size is not fixed.
There are many trading strategies which help traders to reach the desired profits.
3. Transaction cost is negligible- The cost is very less in the comparison of other markets.
The spread is very low. So it is a huge advantage if we talk about other markets then the
Charges for the same are very high which minimize the profits.
4. The Forex market has no closing hours- if we talk about Forex then this market has no
hours which can be called that market is closed. Forex is a global market with 24/7 working
hours. Forex will be open somewhere in the world.
5. High leverage- In Forex the leverage is very high. The trader has the advantage that on
very small capital trader can work make a huge transaction. As in Forex, the trader has very
high leverage.
6. Highly liquid- In the Forex market, the liquidity is very high. In markets like stocks or any
other market, liquidity is very hard to get. But in Forex, the liquidity is very high. There are
very fewer chances where the money gets stuck in the market.
These are certain advantages which are in the market regarding the Forex market. If you are looking for entering into the market then these above points are important to consider. Trading is a profitable affair and for working in Forex the traders need capital as per their requirement and desired profit. And same way putting money at stake is itself a risky affair and it should be properly rewarded. So for maintaining proper liquidity also traders need proper trading strategies and proper risk and reward ratio.
These are certain trading areas which are important to consider in trading. So for working efficiently in the Forex market traders need proper trading regime and strategies and the above points can serve the same purpose.
submitted by ashleyjhon892 to u/ashleyjhon892 [link] [comments]

Subreddit Stats: AskEconomics posts from 2018-09-23 to 2018-12-09 01:20 PDT

Period: 76.83 days
Submissions Comments
Total 982 5230
Rate (per day) 12.78 67.37
Unique Redditors 702 946
Combined Score 5730 16211

Top Submitters' Top Submissions

  1. 366 points, 45 submissions: benjaminikuta
    1. So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? (68 points, 12 comments)
    2. Do powerful unions increase wages above the optimal level, or do firms with market power cause imperfect competition in the labor market, causing sub optimal wages? (Or both?) (29 points, 2 comments)
    3. How do the salaries of high paid professionals compare between the US and various other developed countries? (28 points, 1 comment)
    4. Just how much more expensive is it to build on mountainous terrain than on flat land? How much more expensive would housing have to be before it's economical to develop the mountains of Hong Kong? (27 points, 5 comments)
    5. When it is said that someone in a third world country lives on a dollar a day, what does that actually mean? (25 points, 19 comments)
    6. How do economists measure unpaid work? (23 points, 8 comments)
    7. What's the economic effect of legal vs illegal immigration? (22 points, 10 comments)
    8. If someone saved enough money to live on investment income, could their descendants live off it indefinitely? (Assuming they don't spend the principle, reinvest to account for inflation, etc, of course.) (20 points, 46 comments)
    9. How effectively can negative externalities be quantified? (11 points, 7 comments)
    10. What are some common misconceptions about economics? (11 points, 19 comments)
  2. 134 points, 11 submissions: Fart_Gas
    1. Is free public transport a good idea? (42 points, 20 comments)
    2. What caused the 1997 Asian Financial Crisis? (31 points, 13 comments)
    3. Would it be more economical for supermarkets to slightly under-stock? (21 points, 12 comments)
    4. Will Venezuela's plummeting economy make it a good choice for low-wage industries? (20 points, 8 comments)
    5. What might cause sudden inflation? (7 points, 2 comments)
    6. Why do some countries without hyperinflation use a foreign currency in everyday life? (7 points, 3 comments)
    7. Has any country tried reducing the minimum wage, and ended up with a good result from it? (4 points, 8 comments)
    8. Is Ordoliberalism feasible for most poor and recently war-torn countries? (1 point, 0 comments)
    9. Why do some businesses sponsor sporting teams in countries they don't operate in, and that they don't plan to expand to in the foreseeable future? (1 point, 1 comment)
    10. Is it inevitable that certain areas will never recover from a war? If so, why? (0 points, 0 comments)
  3. 96 points, 5 submissions: MrZer
    1. Why do countries like France or Japan have a high debt to GDP but aren't in shambles like Greece? (43 points, 16 comments)
    2. Milton Friedman is well respected by many economists, why aren't there more Libertarians? (22 points, 18 comments)
    3. I've heard Marxists claim that central planning is good because the military and corporations do it. (20 points, 38 comments)
    4. Someone once said "Interest is what actually creates money. Without debt and interest, our economies would collapse." (7 points, 5 comments)
    5. What does it mean when people say China manipulates currency? (4 points, 7 comments)
  4. 83 points, 17 submissions: Whynvme
    1. Do economists actually calculate consumer surplus empirically, or is it more of s theoretical concept? (19 points, 5 comments)
    2. If we have cobb douglas preferences, my demand for x is not a function of the price of y. How do substitution effects arise then? (13 points, 6 comments)
    3. Is me making more money than I would necessarily require to work( so more than my 'opportunity wage') for a job an economic inefficiency? or is ineffiency in labor markets a wedge between my marginal revenue product and my wage? (11 points, 3 comments)
    4. some basic macro questions (6 points, 5 comments)
    5. understanding equilibrium in a dynamic context? (6 points, 1 comment)
    6. Trying to understand economies of scale, e.g. costco (5 points, 5 comments)
    7. Why does inflation necessarily mean wages will be increasing too? (5 points, 3 comments)
    8. question about equilibrium tax incidence (3 points, 1 comment)
    9. trying to understand the utility of theoretical models (3 points, 3 comments)
    10. when firms are earning short run economic profit, does that just mean all factors of production are earning more than their opportunity cost? so firms entering the industry = labor and capital reallocating towards that industry by forming new firms? (3 points, 1 comment)
  5. 65 points, 1 submission: imadeadinside
    1. If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises (65 points, 16 comments)
  6. 57 points, 2 submissions: csObsession
    1. Do most economists think political and economic freedoms are intrinsically tied together? How do they explain the success of extremely authoritarian capitalist governments (Singapore, China, South Korea, Chile)? (37 points, 25 comments)
    2. Why are salaries for professionals so much higher in the United States than other developed countries? (20 points, 34 comments)
  7. 53 points, 13 submissions: Experimentalphone
    1. Why do Information Technology workers are so high in demand and earn so much in Western countries but doesn't even get sustenance wage in Bangladesh? (30 points, 10 comments)
    2. Anyone know of a comprehensive list of all the sub disciplines one can do a PhD in Economics, Finance and Business? (6 points, 4 comments)
    3. Which PhD sub disciplines have the least math but still good employability prospects in academia and industry? (5 points, 19 comments)
    4. What is the best website to publish your working papers in Economics? (3 points, 4 comments)
    5. Do I have to prove factual assertions before providing my arguments on economic policy suggestions for a journal article? (2 points, 4 comments)
    6. Why is the Ready Made Garments industry of Bangladesh declining due to withdrawal of trade privileges of Western countries when prices are already competitive in the world market? (2 points, 1 comment)
    7. Are qualitative policy prescription papers accepted by most journals or are they better of in blog posts? (1 point, 7 comments)
    8. What is the best free website for working papers in Economics? (1 point, 3 comments)
    9. Where can I find data on work conditions and how hard is the work of foreign students who work alongside their studies legally or illegally? (1 point, 0 comments)
    10. Which metrics do I need, to find out the effects of outward remittance on a poor economy? (1 point, 5 comments)
  8. 52 points, 6 submissions: FrankVillain
    1. Is China still considered a centrally planned economy? (16 points, 4 comments)
    2. Ressources on the Soviet industrial failures due to poor economics? (15 points, 2 comments)
    3. What is the reason behind France's high unemployment rate? (10 points, 13 comments)
    4. About Land Value Tax & Single Tax: how would it affect farmers and those of them who own their land? (9 points, 3 comments)
    5. Does welfare policies contribute to inflation? (2 points, 1 comment)
    6. If a Bitcoin is worth $1 000 000 and some persons like Satoshi have one or more millions of it... what power do they have? Can they disrupt the financial system with the huge amount of dollars that they have? (0 points, 8 comments)
  9. 49 points, 9 submissions: Chumbaka
    1. Can someone explain M0 , M1 and M2 to me? (13 points, 2 comments)
    2. Why is inflation and deflation bad? (13 points, 8 comments)
    3. Can anyone explain why this happens and what it means? (10 points, 3 comments)
    4. Stupid question but : Why does printing lots of money lead to inflation? (5 points, 14 comments)
    5. Why aren't all banks Full Reserve Banking? (5 points, 3 comments)
    6. What does this stock market fall mean to the economy as a whole? (3 points, 4 comments)
    7. How do I pick an economist ideology to support? (0 points, 3 comments)
    8. Is investing in Forex worth it? (0 points, 15 comments)
    9. What is Fractional Reserve Banking? (0 points, 4 comments)
  10. 47 points, 1 submission: furikakebabe
    1. The Tax Bill of 2017 reduced corporate tax rate from 35% to 21%. Tax haven countries have rates as low as 15%. Why would companies be more likely to move money back to the US if they still aren’t getting a better rate? (47 points, 6 comments)
  11. 47 points, 1 submission: gh0bs
    1. Why does the economy have to be a series of bubbles and bursts/corrections, rather than a sustained gradual growth? (47 points, 32 comments)
  12. 45 points, 1 submission: wcoleman22
    1. For all the economists out there that got advanced degrees, what were your most influential assigned readings? (45 points, 23 comments)
  13. 43 points, 1 submission: Crane_Train
    1. How could Venezuela fix its economy? (43 points, 17 comments)
  14. 42 points, 4 submissions: Jollygood156
    1. Why didn't quantitative easing + low interest rates raise inflation high? (20 points, 36 comments)
    2. How do we actually refute MMT? (12 points, 69 comments)
    3. What is Nominal GDP targeting and why do so many people advocate for it? (6 points, 16 comments)
    4. How exactly are land value taxes calculated? (4 points, 3 comments)
  15. 42 points, 1 submission: kornork
    1. With Soybeans piling up and a 12 Billion bailout from the trade war, how come tofu isn’t super cheap right now? (42 points, 3 comments)
  16. 41 points, 1 submission: TheHoleInMoi
    1. Are there any papers/solid arguments about the benefits of having more local business as opposed to corporate consolidation? (41 points, 2 comments)
  17. 39 points, 1 submission: infernomedia
    1. What are some of the most interesting results in economics that are widely well regarded by the academic community to come out in the last decade? (39 points, 7 comments)
  18. 38 points, 1 submission: -reasonable-person-
    1. From an Economic Perspective What is the Most Effective Way for Mexico to end its Violent Organized Crime Problem? (38 points, 13 comments)
  19. 38 points, 1 submission: ajsox22
    1. Does culture impact the growth and development of a nation's economy? (38 points, 15 comments)
  20. 37 points, 8 submissions: MedStudent-96
    1. Quasi-convexity of the Indirect Utility Function? (12 points, 14 comments)
    2. Is my textbook wrong? (9 points, 8 comments)
    3. Interpretation of Lagrange Multipliers for Consumer (5 points, 4 comments)
    4. Consumer Demand Interpretation for Cobb Douglas-Non Convex to Origin. (4 points, 6 comments)
    5. Do monopolies produce the same as a competitive firm in the long run? (4 points, 8 comments)
    6. In some circumstances can a monopoly leave the consumer better off? (1 point, 3 comments)
    7. Two Period Consumption Savings Model (1 point, 3 comments)
    8. [General Equilibrium] Proving that in the limit case the core shrinks to the set of competitive equilibrium. (1 point, 0 comments)

Top Commenters

  1. BainCapitalist (2255 points, 571 comments)
  2. smalleconomist (1053 points, 307 comments)
  3. RobThorpe (853 points, 247 comments)
  4. Calvo_fairy (721 points, 146 comments)
  5. Cross_Keynesian (527 points, 126 comments)
  6. zzzzz94 (468 points, 83 comments)
  7. raptorman556 (334 points, 91 comments)
  8. Integralds (323 points, 51 comments)
  9. whyrat (298 points, 56 comments)
  10. MrDannyOcean (290 points, 48 comments)
  11. isntanywhere (263 points, 84 comments)
  12. benjaminikuta (249 points, 133 comments)
  13. penguin_rider222 (158 points, 40 comments)
  14. daokedao4 (148 points, 23 comments)
  15. lawrencekhoo (132 points, 13 comments)
  16. ecolonomist (129 points, 45 comments)
  17. RegulatoryCapture (126 points, 29 comments)
  18. intowilde (114 points, 28 comments)
  19. VineFynn (113 points, 30 comments)
  20. MedStudent-96 (103 points, 48 comments)

Top Submissions

  1. So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? by benjaminikuta (68 points, 12 comments)
  2. If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises by imadeadinside (65 points, 16 comments)
  3. Why does the economy have to be a series of bubbles and bursts/corrections, rather than a sustained gradual growth? by gh0bs (47 points, 32 comments)
  4. The Tax Bill of 2017 reduced corporate tax rate from 35% to 21%. Tax haven countries have rates as low as 15%. Why would companies be more likely to move money back to the US if they still aren’t getting a better rate? by furikakebabe (47 points, 6 comments)
  5. For all the economists out there that got advanced degrees, what were your most influential assigned readings? by wcoleman22 (45 points, 23 comments)
  6. How could Venezuela fix its economy? by Crane_Train (43 points, 17 comments)
  7. Why do countries like France or Japan have a high debt to GDP but aren't in shambles like Greece? by MrZer (43 points, 16 comments)
  8. Is free public transport a good idea? by Fart_Gas (42 points, 20 comments)
  9. With Soybeans piling up and a 12 Billion bailout from the trade war, how come tofu isn’t super cheap right now? by kornork (42 points, 3 comments)
  10. Are there any papers/solid arguments about the benefits of having more local business as opposed to corporate consolidation? by TheHoleInMoi (41 points, 2 comments)

Top Comments

  1. 68 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
  2. 62 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
  3. 54 points: Calvo_fairy's comment in If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises
  4. 52 points: Qwernakus's comment in What is the difference between GDP (Nominal), GDP (PPP), and Real GDP ?
  5. 50 points: TheoryOfSomething's comment in Which parts of Marxism are theoretically dependent on the labor theory of value and which are not?
  6. 47 points: Lucid-Crow's comment in I've heard Marxists claim that central planning is good because the military and corporations do it.
  7. 46 points: Integralds's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
  8. 44 points: Yankee9204's comment in If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises
  9. 43 points: lawrencekhoo's comment in With Soybeans piling up and a 12 Billion bailout from the trade war, how come tofu isn’t super cheap right now?
  10. 42 points: Cross_Keynesian's comment in Does income inequality really matter?
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

I have saved about USD $70,000. What are the various ways in which I can multiply this sum of money?

I'm a 32yr old single male. I have about USD $70,000 saved and I want to multiply this sum of money. At the moment I do not want to touch this 70K. It is like the only money I have apart from my monthly income, so I want to be quite careful with it. I want to figure out and test run a reliable system for at least 6 months to 1 year (on a small budget of less than US $700 per month) before expanding the system by injecting the 70K gradually into it. I want to reduce the risk of losing my shirt as much as possible.
I have skills in web/programming and systems stuff. I'm able to set up various kinds of servers / API, code scrapers, bots, APIs, web/backend applications and much more. I'm currently employed in this field.
I have experience setting up various businesses of service & product oriented nature (alone and with partners), but closed them eventually because of poor or negative returns. I'm willing to start another business, and I think it has to be 'connected' to the Internet in some way because I see the Internet as a huge 'force multiplier'. It gives you much more exposure, potential customer base etc, compared to setting up a small off-line shop in a small town.
I'm quite comfortable networking with people for business, and giving presentations etc.
I also have an interest in financial markets and trading. I've explored intra-day forex, bitcoin/crypto-currency trading. I've heard of eToro etc but no idea how to get started 'properly'. I do not think I want to do intra-day Forex, because of the constant attention I have to pay to it and stress. I know of guys who do "swing trading" who seem to make a ton of money but again have no idea how to learn the knowledge and skills properly (is there a course?). In this space I can see myself learning MTL, building bots etc in order to trade, but I do not know if this is the smartest path.
I also love games and gaming various systems ( cough ).
I'm located in Singapore, permanent resident here. Now at the age of 32, I'm single, free to move anywhere in the world I want to.
I'm looking for advice and guidance on systems (whether business or otherwise) that can make returns of 20% to 200%. And what do I have to do to get there and gain relevant experience efficiently (i.e not wasting time or money on snake oil). I'd like to especially hear from people who have turned similar or smaller sums of money into much larger sums of money.
submitted by arul20 to Advice [link] [comments]

FAP Turbo - Can This Forex Robot Earn You Big Bucks?

It can store loads of information and data regarding Forex, which it uses to analyze the current activities in the market. This Forex robot is comparable to an advanced computer chess game. It is designed to anticipate all the possible moves the Forex market will take in the next hour or so. It was examined and tested for eight years to ensure that it is highly reliable and effective. Its developers made sure that the system performs to meet everybody's expectations. As a matter of fact, the test results are posted on their website so that the people can see how efficient the robot is. It is very easy to operate the FAP Turbo. The downloading and installation processes will only take a few minutes. If you are new to a currency exchange or if you are a tenured one, you will find that its interface is simple to use. The win ratio of the FAP Turbo is around 95%. It means that out of every 20 trades it participates in, at least 19 of these are guaranteed winners. The amount of money that you earn is dependent on how much you invest. There have been cases when this automated robot multiplied investments in just a few months. There are also drawbacks to this program. A 0.35% drawdown ratio, or 35 centavos out of a hundred dollars, is experienced by it once in a while. Do not worry so much because that figure is way lower than the drawdowns of most of the other Forex robots, which is between 10% and 20%. The creators of the FAP Turbo held a live trading performance to the public because they want to show everyone how much faith they have in the capabilities of their product.
https://optimusforexreview.com/igenics-review/

https://nomorescamreviews.com/victoria-hearts-reviews/

https://dailytradingschool.com/fx-master-bot-free-review/

submitted by jesidivi to u/jesidivi [link] [comments]

Subreddit Stats: AskEconomics posts from 2018-08-22 to 2018-11-12 07:20 PDT

Period: 82.02 days
Submissions Comments
Total 979 6319
Rate (per day) 11.94 76.69
Unique Redditors 688 1060
Combined Score 5907 19076

Top Submitters' Top Submissions

  1. 322 points, 37 submissions: benjaminikuta
    1. So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? (71 points, 12 comments)
    2. The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be? (64 points, 24 comments)
    3. Do powerful unions increase wages above the optimal level, or do firms with market power cause imperfect competition in the labor market, causing sub optimal wages? (Or both?) (27 points, 3 comments)
    4. How do economists measure unpaid work? (24 points, 8 comments)
    5. When it is said that someone in a third world country lives on a dollar a day, what does that actually mean? (22 points, 19 comments)
    6. What are some common misconceptions about economics? (14 points, 19 comments)
    7. What would be a better alternative to Bernie's proposal to tax employers of welfare recipients? (14 points, 65 comments)
    8. How effectively can negative externalities be quantified? (10 points, 7 comments)
    9. To what degree has the internet increased the liquidity of the labor market? (7 points, 3 comments)
    10. What happened with the Greek economic crisis? (7 points, 5 comments)
  2. 146 points, 30 submissions: Whynvme
    1. When economists refer to industrialization, does it mean a move from agricultural to manufacturing economy? Is the growth in services a different term? (22 points, 6 comments)
    2. Do economists actually calculate consumer surplus empirically, or is it more of s theoretical concept? (20 points, 5 comments)
    3. If we have cobb douglas preferences, my demand for x is not a function of the price of y. How do substitution effects arise then? (11 points, 6 comments)
    4. Is me making more money than I would necessarily require to work( so more than my 'opportunity wage') for a job an economic inefficiency? or is ineffiency in labor markets a wedge between my marginal revenue product and my wage? (11 points, 3 comments)
    5. why is ceteris paribus important for analyzing/thinking about the world? (11 points, 7 comments)
    6. Why does inflation necessarily mean wages will be increasing too? (6 points, 3 comments)
    7. some basic macro questions (6 points, 2 comments)
    8. what is meant by value added? (6 points, 3 comments)
    9. Trying to understand economies of scale, e.g. costco (5 points, 5 comments)
    10. Why would an economy implode long term if there are decreasing returns to scale? (5 points, 15 comments)
  3. 95 points, 2 submissions: MrDannyOcean
    1. Announcing a new policy direction for /AskEconomics (75 points, 135 comments)
    2. The new rules for AskEconomics are now in place. Please see the details within. (20 points, 20 comments)
  4. 79 points, 7 submissions: Fart_Gas
    1. Is free public transport a good idea? (41 points, 20 comments)
    2. Will Venezuela's plummeting economy make it a good choice for low-wage industries? (17 points, 8 comments)
    3. What might cause sudden inflation? (8 points, 2 comments)
    4. Why do some countries without hyperinflation use a foreign currency in everyday life? (8 points, 3 comments)
    5. Has any country tried reducing the minimum wage, and ended up with a good result from it? (3 points, 8 comments)
    6. Do boycotts really work? (1 point, 3 comments)
    7. Why do some businesses sponsor sporting teams in countries they don't operate in, and that they don't plan to expand to in the foreseeable future? (1 point, 1 comment)
  5. 66 points, 7 submissions: FrankVillain
    1. Can the Euro become the global currency for trade? (17 points, 3 comments)
    2. Is China still considered a centrally planned economy? (16 points, 4 comments)
    3. Ressources on the Soviet industrial failures due to poor economics? (14 points, 2 comments)
    4. What is the reason behind France's high unemployment rate? (9 points, 14 comments)
    5. About Land Value Tax & Single Tax: how would it affect farmers and those of them who own their land? (7 points, 3 comments)
    6. Does welfare policies contribute to inflation? (2 points, 1 comment)
    7. If a Bitcoin is worth $1 000 000 and some persons like Satoshi have one or more millions of it... what power do they have? Can they disrupt the financial system with the huge amount of dollars that they have? (1 point, 8 comments)
  6. 66 points, 1 submission: imadeadinside
    1. If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises (66 points, 16 comments)
  7. 64 points, 6 submissions: Serpenthrope
    1. Have there been any serious proposals for economic systems that don't use money? (23 points, 67 comments)
    2. Could a company ever become quality-control for a market in which they're competing, assuming no government interference? (16 points, 4 comments)
    3. Is there a formal name for this? (15 points, 6 comments)
    4. Why are second-hand clothing donations fundamentally different from other types of imports? (5 points, 1 comment)
    5. I saw this article on a UN report calling for the dismantling of Capitalism to stop Global Warming, and was wondering what most economists think of the claims? (3 points, 4 comments)
    6. Peter Navarro and Lyndon Larouche? (2 points, 1 comment)
  8. 62 points, 2 submissions: JeffGotSwags
    1. What are the most commonly held misconceptions about economics among people with at least some background? (36 points, 38 comments)
    2. How did the financial crisis affect the demand for economists? (26 points, 5 comments)
  9. 61 points, 11 submissions: Chumbaka
    1. Can someone explain M0 , M1 and M2 to me? (13 points, 2 comments)
    2. Can anyone explain why this happens and what it means? (11 points, 3 comments)
    3. Can a monopoly also be a monopsony? (10 points, 13 comments)
    4. Why is inflation and deflation bad? (10 points, 8 comments)
    5. Stupid question but : Why does printing lots of money lead to inflation? (5 points, 14 comments)
    6. Why aren't all banks Full Reserve Banking? (5 points, 3 comments)
    7. What does this stock market fall mean to the economy as a whole? (4 points, 4 comments)
    8. How would an universal free market deal with situations like NK? (3 points, 21 comments)
    9. How do I pick an economist ideology to support? (0 points, 3 comments)
    10. Is investing in Forex worth it? (0 points, 15 comments)
  10. 60 points, 6 submissions: Jollygood156
    1. Why didn't quantitative easing + low interest rates raise inflation high? (20 points, 36 comments)
    2. How do we actually refute MMT? (14 points, 68 comments)
    3. Tax Cuts boost Consumption, but the growth is short term while investments are long term. Why? (12 points, 7 comments)
    4. How exactly are land value taxes calculated? (6 points, 3 comments)
    5. What is Nominal GDP targeting and why do so many people advocate for it? (5 points, 16 comments)
    6. What even is Austerity? (3 points, 3 comments)
  11. 49 points, 1 submission: Akehc99
    1. Those who went into the job market after an Econ Undergrad, what do you do and briefly what does it entail? (49 points, 27 comments)
  12. 48 points, 1 submission: Traveledfarwestward
    1. What do most Economists think about The Economist? (48 points, 26 comments)
  13. 48 points, 1 submission: piltonpfizerwallace
    1. What would happen if the US printed $12.3 trillion tomorrow and paid off all of its debt? (48 points, 31 comments)
  14. 47 points, 6 submissions: lalze123
    1. Will Bernie's "STOP BEZOS" plan lower the opportunity cost of hiring non-poor workers, thereby harming poor workers? (19 points, 15 comments)
    2. What does the current economic literature say about the effects of net neutrality? (14 points, 0 comments)
    3. What government programs have been empirically proven to help displaced workers from import competition? (8 points, 0 comments)
    4. By how much does lowering the budget deficit lower the trade deficit? (5 points, 4 comments)
    5. What are some good studies analyzing the difference in efficiency between markets and central planning? (1 point, 1 comment)
    6. Is the study below reliable? (0 points, 3 comments)
  15. 45 points, 1 submission: gh0bs
    1. Why does the economy have to be a series of bubbles and bursts/corrections, rather than a sustained gradual growth? (45 points, 32 comments)
  16. 42 points, 1 submission: Turnt_Up_For_What
    1. You've just been declared supreme potentate of Venezuela. Now how do you fix the economy? (42 points, 24 comments)
  17. 41 points, 1 submission: Crane_Train
    1. How could Venezuela fix its economy? (41 points, 19 comments)
  18. 41 points, 1 submission: TheHoleInMoi
    1. Are there any papers/solid arguments about the benefits of having more local business as opposed to corporate consolidation? (41 points, 2 comments)
  19. 39 points, 5 submissions: UyhAEqbnp
    1. Does income inequality really matter? (19 points, 39 comments)
    2. What happens when there's a surplus of labour? Can there ever be a point where the wages earned are less than the cost of living? (10 points, 2 comments)
    3. Several questions (4 points, 4 comments)
    4. "Keeping seniors from retiring does not boost wages via aggregate demand" (3 points, 5 comments)
    5. Is Okun's Law valid? (3 points, 3 comments)
  20. 39 points, 4 submissions: justinVOLuntary
    1. Best resource on the financial crisis of 2008 (17 points, 7 comments)
    2. Blogs? (11 points, 5 comments)
    3. Econ Internship (7 points, 5 comments)
    4. Not sure if this is the kind of question I should be asking here. I’m an Undergrad Econ major and I’m looking for reading recommendations. Anything from economic theory, history, current research, etc. Main interest is Macro. Thanks (4 points, 5 comments)
  21. 39 points, 2 submissions: ConditionalDew
    1. How much would the iPhone be if it was made in the US? (37 points, 15 comments)
    2. Who are some famous people/celebrities that were economics majors? (2 points, 2 comments)
  22. 39 points, 1 submission: rangerlinks
    1. Who are the best economist to follow on Twitter? (39 points, 16 comments)
  23. 36 points, 5 submissions: CanadianAsshole1
    1. If free trade is so good, then why do countries insist on making trade deals? Why can't we just abolish all tariffs? (18 points, 11 comments)
    2. If climate change is such a huge problem, then why aren't countries utilizing nuclear energy more? (8 points, 17 comments)
    3. Do I understand the problem with"trickle-down" economics correctly? (6 points, 38 comments)
    4. How much of the Reagan administration's deficits could be attributed to increased defense spending? (3 points, 3 comments)
    5. If automation will result in less jobs, then shouldn't the government stop incentivizing childbirth through tax credits and stop immigration? (1 point, 12 comments)
  24. 35 points, 7 submissions: MedStudent-96
    1. Is my textbook wrong? (11 points, 8 comments)
    2. Quasi-convexity of the Indirect Utility Function? (9 points, 14 comments)
    3. Consumer Demand Interpretation for Cobb Douglas-Non Convex to Origin. (4 points, 6 comments)
    4. Do monopolies produce the same as a competitive firm in the long run? (4 points, 8 comments)
    5. Interpretation of Lagrange Multipliers for Consumer (4 points, 4 comments)
    6. Optimisation when MRTS > price ratio (2 points, 7 comments)
    7. Help with the Partial Derivative of the Marginal Cost Function. (1 point, 10 comments)
  25. 35 points, 1 submission: grate1438
    1. Why do Croatians receieve so much more through their pension than their working wage? (35 points, 8 comments)

Top Commenters

  1. BainCapitalist (2626 points, 648 comments)
  2. Calvo_fairy (947 points, 232 comments)
  3. smalleconomist (885 points, 255 comments)
  4. RobThorpe (776 points, 259 comments)
  5. zzzzz94 (577 points, 111 comments)
  6. Cross_Keynesian (520 points, 108 comments)
  7. Integralds (418 points, 68 comments)
  8. penguin_rider222 (395 points, 116 comments)
  9. whyrat (362 points, 69 comments)
  10. bbqroast (319 points, 74 comments)
  11. MrDannyOcean (314 points, 54 comments)
  12. isntanywhere (207 points, 63 comments)
  13. RedditUser91805 (189 points, 28 comments)
  14. CapitalismAndFreedom (176 points, 68 comments)
  15. benjaminikuta (171 points, 112 comments)
  16. LucasCritique (162 points, 33 comments)
  17. raptorman556 (157 points, 44 comments)
  18. lawrencekhoo (156 points, 22 comments)
  19. daokedao4 (131 points, 16 comments)
  20. Yankee9204 (121 points, 15 comments)
  21. roboczar (112 points, 20 comments)
  22. RegulatoryCapture (109 points, 23 comments)
  23. ecolonomist (105 points, 45 comments)
  24. TheoryOfSomething (102 points, 9 comments)
  25. Forgot_the_Jacobian (97 points, 31 comments)

Top Submissions

  1. Announcing a new policy direction for /AskEconomics by MrDannyOcean (75 points, 135 comments)
  2. So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? by benjaminikuta (71 points, 12 comments)
  3. If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises by imadeadinside (66 points, 16 comments)
  4. The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be? by benjaminikuta (64 points, 24 comments)
  5. Those who went into the job market after an Econ Undergrad, what do you do and briefly what does it entail? by Akehc99 (49 points, 27 comments)
  6. What would happen if the US printed $12.3 trillion tomorrow and paid off all of its debt? by piltonpfizerwallace (48 points, 31 comments)
  7. What do most Economists think about The Economist? by Traveledfarwestward (48 points, 26 comments)
  8. Why does the economy have to be a series of bubbles and bursts/corrections, rather than a sustained gradual growth? by gh0bs (45 points, 32 comments)
  9. What is the difference in knowledge between academic economists(Krugman, Acemoglu, Mankiw etc) and hedge fund managers and the like(Soros, James Simons)? by deleted (43 points, 5 comments)
  10. You've just been declared supreme potentate of Venezuela. Now how do you fix the economy? by Turnt_Up_For_What (42 points, 24 comments)

Top Comments

  1. 62 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
  2. 62 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
  3. 59 points: RedditUser91805's comment in The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be?
  4. 58 points: arctigos's comment in What do most Economists think about The Economist?
  5. 55 points: hbtn's comment in Why are Little Caesar's cheese pizzas the same price as its pepperoni pizzas?
  6. 54 points: Calvo_fairy's comment in Could someone explain the wage gap and whether it's a myth or not.
  7. 51 points: Calvo_fairy's comment in If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises
  8. 51 points: RedditUser91805's comment in You've just been declared supreme potentate of Venezuela. Now how do you fix the economy?
  9. 51 points: smalleconomist's comment in What are the most commonly held misconceptions about economics among people with at least some background?
  10. 49 points: TheoryOfSomething's comment in Which parts of Marxism are theoretically dependent on the labor theory of value and which are not?
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

I have saved about USD $70,000. What are the various ways in which I can multiply this sum of money?

I'm a 32yr old single male. I have about USD $70,000 saved and I want to multiply this sum of money. At the moment I do not want to touch this 70K. It is like the only money I have apart from my monthly income, so I want to be quite careful with it. I want to figure out and test run a reliable system for at least 6 months to 1 year (on a small budget of less than US $700 per month) before expanding the system by injecting the 70K gradually into it. I want to reduce the risk of losing my shirt as much as possible.
I have skills in web/programming and systems stuff. I'm able to set up various kinds of servers / API, code scrapers, bots, APIs, web/backend applications and much more. I'm currently employed in this field.
I have experience setting up various businesses of service & product oriented nature (alone and with partners), but closed them eventually because of poor or negative returns. I'm willing to start another business, and I think it has to be 'connected' to the Internet in some way because I see the Internet as a huge 'force multiplier'. It gives you much more exposure, potential customer base etc, compared to setting up a small off-line shop in a small town.
I'm quite comfortable networking with people for business, and giving presentations etc.
I also have an interest in financial markets and trading. I've explored intra-day forex, bitcoin/crypto-currency trading. I've heard of eToro etc but no idea how to get started 'properly'. I do not think I want to do intra-day Forex, because of the constant attention I have to pay to it and stress. I know of guys who do "swing trading" who seem to make a ton of money but again have no idea how to learn the knowledge and skills properly (is there a course?). In this space I can see myself learning MTL, building bots etc in order to trade, but I do not know if this is the smartest path.
I also love games and gaming various systems ( cough ).
I'm located in Singapore, permanent resident here. Now at the age of 32, I'm single, free to move anywhere in the world I want to.
I'm looking for advice and guidance on systems (whether business or otherwise) that can make returns of 20% to 200%. And what do I have to do to get there and gain relevant experience efficiently (i.e not wasting time or money on snake oil). I'd like to especially hear from people who have turned similar or smaller sums of money into much larger sums of money.
submitted by arul20 to Frugal [link] [comments]

Investing For Passive Income

Investing For Passive Income
By Jerry Fetta
Investing is a hot topic right now, which makes total sense. With e-commerce, forex traders, crypto-currency, and home based businesses being all the roar many people are looking for activities that provide a high return on money with a low return on time. I want to discuss investing for passive income so that you can see how the top 1% have successfully done it for centuries now. I also want to discuss different types of investing and what different outcomes they create.
First, let’s establish what an investment is. My personal definition is an equity or debt asset that produces income. Anything other than that is not actually considered an investment in my book.
There are two main ways that people invest. The first is for appreciation. Appreciation “investing” is not actually investing, but more of a speculation. Appreciation is the phenomenon of buying a thing at one price, holding that thing over a period of time, and the thing going up in value, and then being sold off at a profit. Many consider appreciation to be a type of investing. The most popular version of this is with retirement accounts and primary residences. A primary residence does not produce income and is therefore considered speculation rather than investing. Why? Because it might not actually go up in value and if it does not, there is no profit to be made.
A retirement account is no different. Because the assets in the retirement account do not actually pay an income until they are withdrawn at age 59.5, there is not actually an income produced by them. One who invests in a retirement account is hoping it is worth more than what they put into it at the time of retirement. This is the essence of a retirement account and where we get the term “nest egg”. By definition, this is speculative.
The second type of investment is Income Investing. This is where you buy a thing that produces an income stream. It may or may not go up in value, but it pays you every month for the period of time you hold it. Examples of this could be dividend paying stocks, bonds, private lending investments, income producing real estate, and even life insurance.
Now, not all of these are equal. Some of these produce income and appreciate. Some of these produce income and depreciate. Some of these are backed by a real asset. Some of these are backed by nothing. Some of these have fees that reduce the income. Some of these do not.
In an ideal world, you would find an investment that produces income, appreciates, is backed by a real asset, and has little to no fees.
In my opinion, income is way more important than appreciation. Not losing money is way more important than potential for gain. A real asset is better than no asset.
So when looking at an investment, you should first look at the protection of your principal. That is foremost.
Second is income. It needs to cash flow right off the bat and it needs to have been profitable for at least the past 3 years.
Third is that it needs to be backed by a real asset. In a worst case scenario, I don’t want my investment to go broke and me be left with nothing.
Most people speculate first, invest in things that cannot be seen or touched, and pay high fees in the process.
If you’re interested in learning more about investing, Wealth DynamX offers an Investors Package for you to learn more about investing, put a plan in place, and gain access to exclusive opportunities that are offered only to Wealth DynamX Clients. Click here to inquire.
Own Your Potential,
Jerry Fetta
Grant Cardone Certified Coach
Jerry Fetta helps his clients build wealth so that they can eradicate poverty in their own lives and own their potential.
He believes scarcity and abundance cannot co-exist and that the way to end poverty is to help you build wealth.
You were not created to spend 40+ hours per week serving the 40-year-to-life sentence trading your precious time for money just to live in mediocrity.
However, the truth is that time and money must be exchanged. It just doesn’t need to be you making the exchange.
Jerry helps his clients create wealth that exchanges time and money on their behalf. The only way to do this is to make more money, keep it, and then multiply it.
He has helped clients double their income, save $100,000 tax-free, and secure 8-12% fixed annual returns on their assets.
To get started, go to www.WealthDynamX.com/contact
Wealth DynamX Home
Wealth DynamX TV
https://www.facebook.com/WealthDynamX
https://www.linkedin.com/in/jerry-fetta-601b00a0/
https://www.instagram.com/jerryfetta/
https://plus.google.com0/105293536858963061578
https://medium.com/@jerryfetta
https://steemit.com/@jerryfetta
https://www.youtube.com/channel/UCsGCnD2cXDbNj53GH4y50zg?view_as=subscriber

submitted by JerryFetta to u/JerryFetta [link] [comments]

How To Save Your Money From Murder.

How To Save Your Money From Murder.

https://preview.redd.it/kxjjd5pg0oq11.jpg?width=640&format=pjpg&auto=webp&s=4fa3cc02eff143bec33dd1e0814636920451bb47
Let's be honest, there's a lot of scam out there.
In fact, 70% of all the 'make money' advertisements are fraudulent - a play on your greed and desire to make money quick without working for it.
*By: Chukwuemeka Iheonunekwu.*
I got news for you, "There's no free money or easy money anywhere, even in Freetown."
However, you can reposition yourself to allow money to come to you easily, but this is a conscious effort.
My name is Chukwuemeka Iheonunekwu. I'm a certified copywriter and real estate sales consultant. A digital marketer who understands that many advertisements on the internet are fraudulent.
I've witnessed a lot in the world of business, even before I chose this career path.
I tried the popular hypes: ponzi, peer to peer donations, binary options, forex trading and even partnership with companies in order to empower myself and other youths, but I learnt one lesson from all these experiences - you must actively engage your Mind, Will, Money and other Resources if you want to be rich.
And no, I'm not rich. Not yet anyways, but I have been implementing the steps I learnt from experience and financial masters such as Robert Kiyosaki, Warren Buffet and Ifeanyi Ubah, etc., for a while.
These men have taught me not to expect riches to magically jump out of nowhere, but to engage my whole self and be devoted to the task of making wealth.
So far, it has been a positive impact on my life.
Therefore, I advise you to shun ponzi schemes, forex trading, binary options, cryptocurrency trading, stocks, bonds, shares, etc.
Why? Among all the popular investment vehicles I listed in the previous paragraph only ponzi schemes are fraudulent, and shouldn't be considered as investment.
However, without adequate skill and years of experience, you'll fail and get flat broke investing in the other models listed there, such as forex, stocks, and cryptocurrency trading.
Now you're wondering if saving your money in the bank is your best option.
You know the answer, "savings accounts are rip-offs by banks."
In short, fixed deposits and savings by banks are like a gun held to your head by a sexy model that you trust.
*So, What Do You Do?*
You invest in assets whose value never goes down.
Examples of such assets include: Gold, Diamonds, and real estate (buildings and lands).
Patrick Ifeanyichukwu Ubah (FoundeCEO Capital oil & gas, and Ifeanyi Ubah FC (West Ham United FCs African partners) is a renoun investor who has worked for several African governments since 1999.
*Hear him:*
"...if you have money, invest in landed properties. Stocks, bonds and other forms of investments will fail you at any time, but land will never fail you. The value of land is always on the rise, never down."
With that, I'll say, "to save your money from being murdered, invest in real estate. Buy lands, or already developed properties.
Fortunately, I have credible information about where, and how you can make money from such investments.
*Ways to Make Money from Real Estate:*
- Buy, Hold, and Resell a Property (land or house) for up to 300% profit when the value appreciates.
- Buy Land, Develop a Property on the Land and Sell it for up to 800% Return on Investment.
- Buy Land, Develop a Property on it and rent it out to Individuals or Corporate bodies for residual income.
*Imagine yourself doing all of the above in different locations, living the life of comfort, enjoyment and happiness.*
It's simple, you'll instantly become a multi-millionaire.
*That's the life you're looking for isn't it?*
A life where your money will survive all kinds of frauds, and go on to multiply itself into many millions that you can't possibly imagine.
Well, I know you can imagine it, and it is mind-blowing isn't it?
I can help you achieve that dream today.
I'm the super hero who saves people's money from being murdered by lazy youths who swindle people for a living.
Today, I've come to save your money from murder!
My weapon of choice is Real estate.
*If You Would Like to Live a Life Where:*
- You are your own landlord, never worrying about rent, or annoying apartment dues.
- You are a full fledged landlord who collects rent from tenants living in your houses.
- You make millions of Naira monthly from rentals on various properties that you own.
- You make millions reselling lands or houses that you buy at very cheap prices without any sweat.
- You travel wherever you want to, whenever you want to.
- You can buy anything you need, whenever you want to.
- You cater for your family and friends without any trouble for money.
Then, this piece is for you.
The future you seek is here, and it's affordable.
*Now You Ask:*
*1.* How much does it cost to invest in real estate?
*2.* What makes the value of a land or house rise?
*3.* How long does it take for the value of land or house to rise?
As a real estate consultant for various companies, I have the following answers for you:
*1.* The cost of real estate investments can be as low as N40k, and as high as N100TN. It all depends on the location, size and demand for the property.
In fact, we have lands for sale at N800k in Anambra state.
*2.* Location and high demand are the primary reasons for the increase in the price of a piece of land.
For instance, our land in Anambra which is sold at the promo price of N800k is close to Orient refinery, and the ongoing international airport currently under construction.
As the construction of the airport, and business at the refinery increases, the value of that land will keep rising as demand increases also.
*We Also Have Lands Near:*
- Unizik junction (the heart of Awka city).
- Dangote refinery in Lagos.
- Lekki free trade zone and La Tropicana resort, Ibeju-Lekki, Lagos.
Those are attractive locations in high demand. The value of lands and houses in such locations is always rising.
*3.* About how long it takes for the value of lands or houses to increase, it depends on the factors listed above.
Now that you have learnt how to *save your money from murder by investing in Real estate*, what will your next move be?
Do you want to get rich investing in Real estate?
Are you ready to invest?
+2348107094689
submitted by paulnwankwotv to u/paulnwankwotv [link] [comments]

Subreddit where I can get advise on how to multiply my savings of $70,000?

TL;DR: I have saved about USD $70,000. What are the various ways in which I can multiply this sum of money?
The full story:
I'm a 32yr old single male. I have about USD $70,000 saved and I want to muliply this sum of money. At the moment I do not want to touch this 70K. It is like the only money I have apart from my monthly income, so I want to be quite careful with it. I want to figure out and test run a reliable system for at least 6 months to 1 year (on a small budget of less than US $700 per month) before expanding the system by injecting the 70K gradually into it. I want to reduce the risk of losing my shirt as much as possible.
I have skills in web/programming and systems stuff. I'm able to set up various kinds of servers / API, code scrapers, bots, APIs, web/backend applications and much more. I'm currently employed in this field.
I have experience setting up various businesses of service & product oriented nature (alone and with partners), but closed them eventually because of poor or negative returns. I'm willing to start another business, and I think it has to be 'connected' to the Internet in some way because I see the Internet as a huge 'force multiplier'. It gives you much more exposure, potential customer base etc, compared to setting up a small off-line shop in a small town.
I'm quite comfortable networking with people for business, and giving presentations etc.
I also have an interest in financial markets and trading. I've explored intra-day forex, bitcoin/crypto-currency trading. I've heard of eToro etc but no idea how to get started 'properly'. I do not think I want to do intra-day Forex, because of the constant attention I have to pay to it and stress. I know of guys who do "swing tranding" who seem to make tons of money but again have no idea how to learn the knowledge and skills properly (is there a course?). In this space I can see myself learning MTL, building bots etc in order to trade, but I do not know if this is the smartest path.
I also love games and gaming various systems ( cough ).
I'm located in Singapore, permanent resident here. Now at the age of 32, I'm single, free to move anywhere in the world I want to.
I'm looking for advice and guidance on systems (whether business or otherwise) that can make returns of 20% to 200%. And what do I have to do to get there and gain relevant experience efficiently (i.e not wasting time or money on snake oil). I'd like to especially hear from people who have turned similar or smaller sums of money into much larger sums of money.
submitted by throwawayhowtoroi to findareddit [link] [comments]

Cryptocurrencies, Measuring Inflation by Value "siphoning" not by Supply

This is a follow up to this post:
I have been thinking about inflation and market cap a little bit more. In that post I have debunked the hyperinflation claims nonsense, but it got me thinking about the nature of inflation as probabilistic in nature.
I think the supply size doesn’t even matter at all, all of it is market based, and I tend to view inflation now as rather a vacuum of value or a transfer of value rather than a supply increase.
Simply put the supply is just an arbitrary number it has no value, it only has value in the context of a price. Thus the value of an asset is it’s market cap.

MarketCap based valuation & inflation

The market cap is the ultimate value of an asset, relative to a major currency. This still opens up new cans of worms since it’s all relativistic, to get an absolute value you might want to measure it compared to a basket of major currencies like the Dollar Index, and so on.
But the market cap gives the best valuation of an asset, so let’s just use USD as the benchmark.
The market cap is market based so as the market tends towards efficiency, the price will reflect eventually it’s true value.
However the market cap is still an uncertain valuation technique since it assumes that the hard cap is sacrosanct, which I don’t think it is (derivatives, and forks could extend it, not to mention fractional reserving on exchanges). By the way this applies to fiat currencies too.
As demonstrated in the previous post the 21m hard limit of Bitcoin can be extended to 27m assuming the forks are derivatives of the original coins, which is a stretch but currently it does influence the price of eachother (high correlation) so for now it’s true, later it might not be (the forks might decouple).
So we see that the M1,M2,M3 sort of supply classification is reasonable for cryptocurrencies too, the M1 would be the immediately usable blockchain coins out of which M0 would be personally held ones and M1 the ones on exchanges, the M2 would be the “investments” which are the forks too, as speculators put money in there in hopes of them going up in price and of course the savings and lending schemes in many Bitcoin based businesses, and the M3 would be the derivative tokens (like Ethereum’s tokens and Bitcoin’s colored coins) and leverage (many exchanges are allegedly operating on fractional reserves) and so forth.
Now the thing I observed and this made me think about it, is that many new cryptocurrencies are essentially worthless. So what stops people from creating millions of new ones a day? Nothing since it cost’s almost nothing except the minimal electricity and mining operation setup. So perhaps a couple of dollars of hosting and electricity costs to setup a new one, not totally free, but anyone can essentially create millions of new ones.
So what stops the hyperinflation? As pointed out in the other post that the inflation is not in the supply but in the market cap.
So if you create “XYZ coin” with 1 trillion supply but a market cap of only 1$ and a price of 1E-12 . You haven’t created an inflation of 4,762,004.76% to Bitcoin for example.
You have only created an inflation of 1$ worth, that is “stealing” away 1$ worth of value from Bitcoin as you transferred that value from Bitcoin into your worthless coin. You have only created an inflation of 0.00000000063464788980% to Bitcoin.
Also the value doesn’t come out of thin air, you didn’t just print up that 1$ out of nowhere, you had to put in at least that amount of effort into coding your new currency and setting up the web servers and so on.
So inflation is not supply based, it’s value based. And this holds true for fiat as well.

MarketCap Misleading

Now in cryptocurrencies market cap is misleading sometimes. Some exchanges have a minimum price of 1 satoshi. So of course if XYZ coin will have an 1 tn supply it may look like it’s worth a lot , in this case 10,000 $, but we know your XYZ coins is not worth that, so it’s misleading.
Now of course the orders won’t be executed at 1 satoshi, there is no way to create value out of nothing, most of these worthless coins won’t even have a Bid wall, only desperate people trying to sell all of it at 1 satoshi but no buyers, thus the coin may be worth 0 or between 0 and 1 satoshi. If the resolution of the price would be higher ,I am sure the market would find a suitable price for it in that range.
Either way you won’t be able to steal value out of the coin. Printing money simply doesn’t create wealth.

Volume & Probability based inflation

So then what to do with these situations? And by the way fiat currency can be mispriced like this due to capital controls and other regulatory barriers. So simply multiplying the M3 of the EUR with it’s EUUSD price won’t give it’s value.
So I thought an even more accurate way to look at inflation is the volume itself. I mean the dormant coins have no inflationary effect.
For instance Satoshi lost 1 million coins allegedly, now we can’t know for sure,but given that the coins haven’t been moved in almost a decade the probability is high.
So we can just assign a probability to that. Say 90% probability that the coins will never be moved. Okay then that is a -900,000 supply for Bitcoin. Similarly many people lost their wallets and will continue to do so, so the usable supply is shrinking.
So the best metric is to look at the money velocity or the transaction volume, say in a year. That can be a good metric. Some research is needed on this.
Now this gets complicated because we also need to add in the transaction volume on the chain and the transaction volume off chain, like exchanges. As 3rd party middleman do a lot of inhouse micro-transactions.
But basically the big picture can be seen on the transaction volume.
So the most important metric of Bitcoin is the transaction value in BTC, which can be seen here:
As you can see it’s pretty stagnant and stable, I my opinion this is the true metric of inflation of Bitcoin, because this reflects how much coins are active and dormant.
By definition dormant coins are not sold, this not increasing the coins in circulation, so they can’t siphon off value from Bitcoin by increasing it’s tradeable supply.
Thus Bitcoin has a maximum 0.85% “siphon” rate/ day, correlated with it’s true inflation which could be estimated by observing this, removing duplicate transactions and estimating the sell activity on exchanges to be more precise.

M3 & Conclusion

So it’s kind of ironic but I think the FED is right when they say that M3 doesn’t affect inflation that much. They have removed the M3 data in 2006 from their website which I don’t like due to transparency reasons, but they are right in saying that M3 doesn’t affect inflation that much.
I am not saying Keynesian economics gives a perfect answer I am just saying that hard limits aren’t entirely correct either.
Besides the USD M3 can be easily reconstructed and estimated and it really shows not much impact on inflation.
So this concept can be extended to fiat currency too, we know the volumes of Forex markets, at least at the central hubs which are reported by the World Bank periodically, so we could estimate the value of fiat currencies based on their transaction volumes on Forex markets.
This should be a much better approach than silly CPI indices.
submitted by alexander7k to Anarcho_Capitalism [link] [comments]

I have saved about USD $70,000. What are the various ways in which I can multiply this sum of money?

I'm a 32yr old single male. I have about USD $70,000 saved and I want to multiply this sum of money. At the moment I do not want to touch this 70K. It is like the only money I have apart from my monthly income, so I want to be quite careful with it. I want to figure out and test run a reliable system for at least 6 months to 1 year (on a small budget of less than US $700 per month) before expanding the system by injecting the 70K gradually into it. I want to reduce the risk of losing my shirt as much as possible.
I have skills in web/programming and systems stuff. I'm able to set up various kinds of servers / API, code scrapers, bots, APIs, web/backend applications and much more. I'm currently employed in this field.
I have experience setting up various businesses of service & product oriented nature (alone and with partners), but closed them eventually because of poor or negative returns. I'm willing to start another business, and I think it has to be 'connected' to the Internet in some way because I see the Internet as a huge 'force multiplier'. It gives you much more exposure, potential customer base etc, compared to setting up a small off-line shop in a small town.
I'm quite comfortable networking with people for business, and giving presentations etc.
I also have an interest in financial markets and trading. I've explored intra-day forex, bitcoin/crypto-currency trading. I've heard of eToro etc but no idea how to get started 'properly'. I do not think I want to do intra-day Forex, because of the constant attention I have to pay to it and stress. I know of guys who do "swing trading" who seem to make a ton of money but again have no idea how to learn the knowledge and skills properly (is there a course?). In this space I can see myself learning MTL, building bots etc in order to trade, but I do not know if this is the smartest path.
I also love games and gaming various systems ( cough ).
I'm located in Singapore, permanent resident here. Now at the age of 32, I'm single, free to move anywhere in the world I want to.
I'm looking for advice and guidance on systems (whether business or otherwise) that can make returns of 20% to 200%. And what do I have to do to get there and gain relevant experience efficiently (i.e not wasting time or money on snake oil). I'd like to especially hear from people who have turned similar or smaller sums of money into much larger sums of money.
submitted by arul20 to smallbusiness [link] [comments]

How can I get this code to work, I want to have a closure function return an object to access private functions?

Ok so I am pretty new to Go since I have been learning for about 2 days, so I apologize for the super basic question.
So anyways right now I am trying to build a micro service that streams fake simulated stock data via web sockets to a client. The data used is essentially a months worth of historical m1(minute bar data) i got here. The data is stored in redis as a JSON object that is an Array of floats [1081.8, 1101.2, 1060.1, 1090.2] which is the exchange rate of EUUSD (multiplied by 1000) of that current minutes Open value, Highest value, Lowest value, Closing Value, but I stream these points 10 times a second from a Node.js service I spun up, the timestamps are created on the client side since it's a simulation.
Here Is what I do with the data Fake early build of sample trading platform
For the Go Service here is what I have:
This is the Main package on github
This is the closure object thing I am trying to make SymbolSock I uploaded it in github so that comments are easier to read, since it explains what each function/struct does.
symbolHandler explained:
When a client sends in a request to subscribe to a Feed such as GBP/JPY a new struct instance is created called symbolPush
type symbolPush struct{ symbol string clients int feed string lastV float32 atIndex int } 
a SymbolPush instance stores an index atIndex which is the index of the shared dataset, it's symbol (which is like it's namespace/websocket channel) and the last closing price.
Also I have a scale-like case class: Which is used by a function I append to the symbolPush struct to send out an instance to be eventually stringified like this conn.WriteJSON(the return value)
 type seriesPoint struct { Symbol string `json:"symb"` LastValue float32 `json:"lastVal"` MinValue float32 `json:"min"` PointData OHLC `json:"data"` } func (s *symbolPush) GetPoint() seriesPoint { s.atIndex++ lastVV := s.lastV if(s.atIndex == (len(dataPoints) -1)){ s.atIndex = 0 } //index 3 is the close value s.lastV = dataPoints[s.atIndex][3] minVal := dataPoints[s.atIndex][2] return seriesPoint{ Symbol: s.symbol, LastValue: lastVV, MinValue: minVal, PointData: dataPoints[s.atIndex], } } 
Now right now it's obvious I am not returning anything that can be used from symbolsock since last night I deleted my old code since it wasn't working and just left it incomplete since I feel I would like to hear some input before I do a sloppy solution.
What I want to have returned from symbolsock is essentially an object that can do this:
Step1:
call the closure function with the JSONblob and return an object like seriesSockets := symbolsock.SymbolStream(theData)
Step2:
Use this object to seriesSockets.joinStream("APPL") which will call newStream function in symbol sockets, either creating a new struct or incrementing the clients field.
Also:
signal when a user has unsubscribed to a feed, which will delete the feed if clients == 0
Also:
get a point from these structs to be broadcasted to subscribed clients like seriesSockets.getSeriesPoint("APPL")
So my main question is how can I return an object like seriesSockets that accomplishes these things?
Oh here are the Go Playgrounds: main symbolSock
Also for readability here are is the github repo
Thanks!
Also I should mention I asked a question earlier which I will get back to once I have more information, but they're related.
submitted by TheBeardofGilgamesh to golang [link] [comments]

RM System Review 2015 - RM SYSTEM?? Find out the Secrets about RM System in this RM System review! So What is RM Software all about? Does RM System Actually Work? Is RM Profit System scam or does it really work?

RM System Review by Maria Lopez Is RM System Software A Scam Or Legit? Does RM System Works? My RM System Review Share With You The Truth About RM System Until Invest in It
Maria Lopez RM Profit System is really work and tested with great success rate; I Bank $2k+ Per Day Thanks To RM Profit System…Try RM System FREE now… Product Name: RM System AKA Rich Mom System
RM System Website: RMSystem.co!
RM System CEO: Maria Lopez
RM System Cost: FREE
RM System is a new binary option software that can help you generate more than $1,000 each day, without any hard work, as you will not be obliged to work more than one or two hours every day. You can sit in front of your computer, even more time if you want to multiply your profits, it is all up to you. RM System is a free moneymaking software, and it can be yours all free of charge.
Exactly what is RM System? RM System is essentially a binary options trading software application that is created to help traders win and forecast the market trends with binary options. The software application also offers evaluations of the market conditions so that traders can understand what should be your next step. It gives various secret strategies that eventually helps. traders without using any complex trading indicators or follow graphs. RM System Binary Options Trading Technique Base the RM System trading method. After you see it working, you can start to execute your method with routine sized lots. This technique will settle with time. Every Forex binary options trader must pick an account type that is in accordance with their requirements and expectations. A larger account does not mean a larger earnings potential so it is a fantastic concept to begin small and quickly add to your account as your returns increase based upon the winning trading selections the software makes. Binary Options Trading To help you trade binary options effectively, it is necessary to have an understanding behind the fundamentals of Binary Options Trading. Currency Trading, or forex, is based on the perceived value of two currencies pairs to one another, and is impacted by the political stability of the country, inflation and interest rates to name a few things. Keep this in mind as you trade and learn more about binary options to maximize your learning experience. RM System Summary In summary, there are some apparent ideas that have been tested in time, as well as some more recent techniques. that you may not have actually considered. Hopefully, as long as you follow what we suggest in this post you can either get started with trading with RM System or improve on exactly what you have actually already done. There Is Only A Very Limited Spaces Available So Act Now Before It's Too Late Click Here To Claim Your RM System LIFETIME User License!! . . . . . . . . . . . . . . . . . . . . .
Tags: RM System app, RM System information, RM System url, RM System website, RM System youtube video, RM System trading software, get RM System, article about RM System, RM System computer program, RM System the truth, RM System support, RM System support email address, RM System help desk, similar than RM System, better than RM System, * RM System* contact, RM System demo, RM System video tutorial, how does RM System work, is RM System the best online is RM System a scam, does RM System really work, does RM System actually work, RM System members area, RM System login page, RM System verification, RM System software reviews, RM System no fake review, RM System Live Broadcast, is RM System real, RM System forex trading, RM System binary options trading, RM System automated app, the RM System review, RM System signals, RM System mac os x, RM System broker sign up, RM System free download, reviews of RM System, RM System live results, RM System bonus, RM System honest review, RM System 2015, is RM System worth the risk, RM System pc desktop, RM System free trial, RM System testimonial, RM System scam watch dog, RM System warrior forum, RM System web version, RM System open a account, RM System laptop, RM System revised Method 2015, RM System Unbiased review, is RM System all hype?, real people invested in RM System, is RM System a shame, RM System discount, RM System binary option watch dog review, RM System youtube, seriously will RM System work, RM System facebook, rmsystem.co, rmsystem.co review, rmsystem.co reviews, RM System activation code, RM System 2015 Working, RM System twitter, * RM System* currency trading, RM System real person review, RM System example trade, will RM System work on mobile phone, Completely New RM System, RM System customer service, new RM System, RM System webinar, As seen on Sky news, bloomberg, CNN Nasdaq and business week, RM Software By Maria Lopez Review, RM System Maria Lopez Reviews, RM System webinar replay, RM System anybody using this, RM System real or fake, is RM System live trades real, RM System is this a scam, is RM System reliable?, RM System honest reviews, RM System is it a scam, RM System download software, RM System app review, RM System software download, RM System forum, RM System signals, RM System download page, RM System software demo somebody using it, RM System binary software, RM System binary options review, RM System members, RM System scam or legit, RM System comments, minimum deposit for RM System, RM System reviews, RM System binary today, RM System pro review, RM System windows 7, RM System windows 8 and windows XP, RM System scam or real, RM System login, RM System has anybody out there made any money out of it?, RM System vip membership pass, does RM System work on autopilot?, RM System price, is RM System a scam or not, will RM System help me, real truth about RM System, RM System System, RM System inside members page, RM System software downloads, how to download RM System, how to access RM System, RM System Robot, how to use RM System, how to trade with * RM System*, RM System NEWS Update and details, RM System sign in, the RM System trading options, RM System info, RM System information, RM System searching for new winning trades, RM System today, RM System feedback, RM System real user review, RM System customer reviews, RM System consumer review, RM System Review 2015, insider john RM System review, george s RM System review, RM System doesn't work, is RM System another scam or legit, RM System refund, Activate RM System, review of RM System, log on to RM System, is RM System manual binary trading, RM System bot review, RM System test, RM System explanation, what brokers work with RM System software, what is RM System, RM System news, new version of RM System, RM System fan Page, RM System breaking news, RM System Register, RM System sign up, RM System broker sign up, RM System real proof, how to activate auto trading on RM System, RM System robot, RM System members area, RM System sign in, web version RM System, should i use RM System, RM System yes or no, do i need trading experience, RM System create account, RM System instructions, how to get a RM System demo, RM System special, desktop RM System, RM System Secret method, Join RM System, RM System ea trading app, RM System limited time, RM System pros and cons, RM System bad reviews, is RM System software automatic binary trading, RM System negative and positive review, RM System Author, RM System creator, who made RM System, what is the RM System, RM System real review, RM System broker, RM System sign up broker, RM System sign up broker review, RM System fund broker, RM System how to fund broker, RM System deposit funds into broker, how does RM System trade, RM System trading bot, what is RM System and cost?, RM System strategy, RM System password reset, RM System beta tester, RM System comparison, RM System questions and answers, rate & review RM System, rate and reviews RM System, is RM System site legit?, RM System reviews online, is RM System for real, RM System login page, RM System results, RM System winning and losing trades, RM System overview, RM System training, how to setup RM System, RM System home, real testimonial on RM System system, RM System real time trading, start trading with RM System, RM System proof, RM System the truth, Get RM System, RM System Review
Click Here To Download The New RM System Right NOW!
submitted by spicygeeks to RMSystem [link] [comments]

OLYMP TRADE FOREX. Multiplier. Forex Mutliplier aka How To Trade Multiple Pairs At Once - So Darn Easy Forex™ Forex Multiplier review - Honest review Change Multiplier in Olymp Trade Forex  Philippines Forex Multiplier Forex+Multiplier

Riley Cadwell, Forex Multiplier, Download Forex Multiplier, Free Forex Multiplier, Forex Multiplier Torrent, Forex Multiplier Review, Forex Multiplier Groupbuy. Reviews . There are no reviews yet. Be the first to review “Riley Cadwell – Forex Multiplier” Cancel reply. Your email address will not be published. Required fields are marked * Your rating. Your review * Name * Email * Save my ... Forex Profit Multiplier is a complete, step-by-step approach to trading that’s probably unlike anything you’ve seen before. Bill reveals the Forex Profit Multiplier secrets in his trading lab discovery video presentation here… It’s awesome, and it’s something anyone can do, regardless of your experience. Plus, it easily fits into your ... Equity multiplier is a financial ratio formula that is calculated by dividing the total assets of the company by the total net stockholder’s equity. That means this formula measures that portion of the company assets financed by the stockholders’ equity. In brief, you can say that the equity multiplier helps us to evaluate the debt of the company that is used to purchase assets. CB Grid Trend Multiplier EA – FOREX by Invitation. The GRID TREND MULTIPLIER is an ALL in ONE Forex trading Tool that makes it easy for Traders with little experience to succeed and at the same time lets experienced traders make a lot more out of their trades. So inexperienced traders do not have to know the direction the price is going to move to make money in the Forex Market. Its secret ... The GRID TREND MULTIPLIER is an ALL in ONE Forex trading Tool that makes it easy for Traders with little experience to succeed and at the same time lets experienced traders make a lot more out of their trades. So inexperienced traders do not have to know the direction the price is going to move to make money in the Forex Market. A multiplier was originally introduced on the Forex market. The reason for that is simple: currency pairs do not usually demonstrate big price swings, their daily changes are barely enough for traders to speculate on them. Traders turn to a multiplier in order to speculate on small price differences and still receive substantial results. Nowadays, this tool can also be applied to other assets ... LIVE Forex Trading – LONDON, Tue , Sept, 15th (Free Education) Introduction to Forex Trading – Tutorial for Beginner Forex Trader; Super Trend Scalping Indicator 🔥 Forex Intraday Trading Strategy; Trade ideas thread – European session 15 September 2020; Malaysia: Labour market keeps recovering – UOB

[index] [23727] [20470] [956] [6899] [22716] [805] [17343] [25191] [10244] [23900]

OLYMP TRADE FOREX. Multiplier.

The So Darn Easy Forex™ Movement help THOUSANDS of Forex traders from all across the world achieve extraordinary results in long term and short term trades. WITNESS HIS POWER RESULTS HERE: https ... Peter Allan, creator of the Forex Multiplier scam is a scam-artist looking to take advantage of rookie traders. We hope our review has helped. We hope our review has helped. ***HELPFUL TIPS: This video is unavailable. Watch Queue Queue. Watch Queue Queue OLYMP TRADE FOREX. Multiplier. Olymp Trade Indonesia. Loading... Unsubscribe from Olymp Trade Indonesia? ... Best Trend Lines Trading Strategy (Advanced) - Duration: 28:55. Wysetrade 912,378 views ... Sa maikling video na ito ay tuturuan namin kayo kung paano palitan ang multiplier sa iyong Olymp Trade Forex Platform. Enjoy the video! Like and Subscribe pa... Forex Multiplier Learn To Trade. Loading... Unsubscribe from Learn To Trade? ... Best Binary Options Strategy 2020 - 2 Minute Strategy LIVE TRAINING! - Duration: 43:42. BLW Online Trading 57,443 ... FINE TUNING MULTIPLIERS IN FOREX - Duration: 9:40. ... How To Make Money on Clickbank for Free (Step By Step 2020) - Duration: 22:47. Santrel Media Recommended for you. 22:47. How I Tricked My ...

http://binary-optiontrade.riematdiaroe.tk