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Becky

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  1. Becky

    Theta

    Hi Samir, Great question. Developed for streaming, the crypto-backed platform not only airs blockchain summits but also poker games and live eSports. While users can earn its TFUEL reward by participating in the site, the Theta Token is collected through staking. The latest development Theta Mainnet 2.0 targets over 450 million THETA. It will utilize a Multi-BFT consensus and include participants from over 50 nations operating 509 Guardian Nodes. The build-up to the token’s network update was characterized by a massive rally. Part of the gains came from the company’s partnerships. With Samsung, for example, future smartphone editions as well as 75 million existing units will feature the Theta.tv watching service. Theta is also working with Google in a move that will see the tech heavyweight become the fifth independent validator node. The collaboration will involve the staking of 5 million THETA. Google Cloud will also assume the role of the network’s cloud provider. Not forgetting the alliance with blockchain leader gumi Cryptos that aims at penetrating the Japanese market.
  2. Hi James, America remains active on trade, the Coronavirus outbreak and forthcoming elections notwithstanding. The active tariffs don’t make the situation any better. In May this year, President Trump declared plans to cancel the privileges Hong Kong was receiving from the U.S. including low tariff rates. If implemented, the directive may cause the relocation of American manufacturers from Hong Kong and the subsequent decline of U.S. revenue. The president also stretched the outstanding Section 232 tariffs this January to include products that partly contained steel and aluminum such as nails. Previously, the tariff only covered inputs, for instance, aluminum pipes and steel wires. By raising the production costs, the tariffs slash the profits of domestic manufacturers using the metals as raw materials. In March, a group of American companies wrote to the White House seeking an extension of duty repayment periods. While a 90-day tariff delay was allowed for March and April imports, the government is yet to announce a blanket relief. In a bid to fight COVID-19, however, medical supplies won’t face the taxes.
  3. Hi Grace, The entry of e-commerce heavyweight Alibaba into Hong Kong’s stock market set the pace for the withdrawal of the one-share-one-vote regulation. But that’s not the only record Alibaba set. At the time of its listing in November 2019, the company was the biggest equity offering worldwide. This is in addition to topping the list of tech follow-on offerings. The move also reminded other US-listed organizations of their Chinese roots. Alibaba competitor JD.com, for example, leapt 3.5% on day one of its Hong Kong launch this month on June 18. Gaming service NetEase also entered the market with a bang closing at more than 5% on its initial June 11 appearance. It appears Hong Kong has been treating Alibaba well since its arrival. First off, the online retailer was exempted from the city’s recently announced two-week quarantine regulations. This means two of the institution’s executives can go to Hong Kong to run work affairs. The corporation’s film side Alibaba Pictures also plans to ditch the Singapore Exchange and operate entirely in Hong Kong. The company claims the city’s location is perfect for business.
  4. Hi Sam, Penny stocks are characterized by values below $5, low liquidity, and market capitalization. Despite the reduced prices, their volatility comes in handy to attract investors. Unable to choose the right shares, some traders rely on leads from penny stock alerts. Promises of outrageous returns aren’t easy to resist, especially for beginners wanting a market head start. The goal is earning massive profits without following individual tickers. The fact that some services guarantee hundreds of percent in gains free of charge raises eyebrows on their intentions. In truth, the sites are promoting stocks the industry deems worthless. The ads are either sponsored or the alert platform owns stocks and has depleted their market supply. Even if the leads were accurate, they still deny you the opportunity to develop your analytical skills. Instead of expecting quick riches, use the signals as a foundation for your research
  5. Hello Nick, Risk/reward ratio determines a trader’s possible earnings by gauging an investment’s possible loss. For instance, a 1:4 risk/reward ratio represents a trader’s willingness to commit $1 and gain $4. Therefore, divide the returns by the risk to calculate the ratio. The win rate is also worth mentioning. It’s a percentage representing the impressions achieved from scheduled purchases divided by the total bids. Suppose you bid 10 times and win twice, your 20% win rate is derived as follows: 2/10 X 100. As such, more losses call for huge winners. Even so, don’t sacrifice your risk/reward for your win rate. Prioritizing gains over risk management could still throw you in the red. Though you can safeguard your capital with a stop loss, ensure it doesn’t block potential earnings. That’s why your ratio should match your trading strategy. Practice reveals sensible risk/reward ratios for your trading method. Because the market is unpredictable, only place sums you don’t mind relinquishing. On top of that, manage your emotions and trust your technique.
  6. Becky

    IOTA

    Hi Fernando, Great question. IOTA is re-branding to increase users’ understanding of the coin. The upgrade will involve the development and standardization of its Chrysalis protocol. Last month, IOTA developer Hans Moog, said the introductory phase would happen in July to allow investors to experience the product. Launched in 2015, IOTA operates on the tangle platform instead of the conventional blockchain that supports major digital coins. This cryptocurrency has already landed some partnerships despite being fairly new in the industry. The Tangle system, for example, has caught the attention of Bosch, Fujitsu, and VW. Its IOTA Marketplace, on the other hand, has over 80 collaborations, among them Philips and Microsoft. According to founding partner David Sønstebø, however, some of the technology’s partners and use cases remain a secret as 80% of the progress is behind the scenes. It hasn’t been a smooth road for the cryptocurrency. The coin closed its network this February after cybercriminals used a wallet app deficiency to take user funds. Likewise, a corrupted ledger blocked the system for 15 hours in December last year. Seeing most of the protocol’s activities have been pilots, live products will come in handy to restore buyers’ faith in the digital coin.
  7. Hi Jane, Picking the right asset can be daunting, especially if your options have similarities. That’s why investors have trouble separating mutual funds from ETFs and index funds. Mutual funds, for starters, feature different assets in one package. Suppose you want 100 distinct stocks. In a normal scenario, you would not only transact but also incur trading fees 100 times. For mutual funds, however, you only need one purchase. Another distinguishing quality is the presence of managers. Though your portfolio is run by experts, a fee is deducted for the service. Conversely, index funds monitor stock market performance. They follow the stock values of companies with common attributes. Unlike mutual funds, they’re administered passively making them cheaper. Additionally, investment decisions rely on index rules. Index funds, therefore, are a class of mutual funds. The fact that they incorporate several investments makes ETFs related to mutual funds. Even so, they operate in the stock market like conventional stocks. Similarly, they offer high liquidity because of their daytime trade. This is not the case for mutual funds that are valued and offloaded once when the trading day ends.
  8. Hello Myles, Ranging Forex markets trade within specific ranges. The price action limits itself to a particular price fringe. On the top limit of this price fringe, the market experiences strong supply, pushing prices down. Conversely, at the bottom fringe, the market creates a strong demand, pushing prices sky-high. Evaluating price support and resistance levels is vital in Forex trading. These levels define the Forex range itself. Historical charts enable traders evaluate the importance and strength of every support or resistance level. A ranging Forex market is common in intraday Forex trading, providing easy setting-up of stop-loss orders and profit taking. Concrete support or resistance levels also help Swing and Long Forex traders define stop-loss orders and profit-taking. Support and resistance level evaluation allows creation of optimal timing for the entry or exiting in the Forex market. Should a price action overpass a robust support or resistance level, that represents the end of trade within the range.
  9. Hello Nick, Fibonacci retracements show the support and resistance stages where price might reverse direction. This tool is ideal for trending markets. The goal is purchasing at a support level during an uptrend and offloading at a resistance level during a downtrend. Their regularity on historical Forex charts makes these retracements a useful indicator. However, treat Fibonacci levels as areas of possible swings instead of definitive points. Since retail traders stop exactly on the Fibonacci lines, it’s not uncommon for dealers to push price action past the supports or resistances. This triggers numerous stops simultaneously leading to a cascading effect. Needless to say, traders don’t benefit because the price goes beyond the retracement zone. That’s why you should leave a gap around the expected reversal point. Likewise, review past trends. Repeated testing strengthens a Fib level and raises the possibility of a similar future occurrence. You can also include extra tools like RSI to ascertain the outcome and spot hidden trading opportunities.
  10. Hi Benjamin, A futures rollover refers to ending open positions in contracts nearing expiration to make room for those with more time. Although the lapse dates vary from one contract to another, the expiry month’s third Friday is common for most futures. You have two choices if you don’t fancy a rollover. One of them is offsetting your position. This entails purchasing a short contract to cancel out a long contract’s position or vice versa. Alternatively, you can opt for a cash settlement or deliver the primary asset in the event of a short position. Three dates come into play during a rollover. To begin with, the expiration date marks the contract’s final, binding day. The final date a contract is tradable, on the other hand, is its last trading day. That’s not all; the roll date represents the duration your contract shifts from being front-month to forward-month. Note that the roll date isn’t a scheduled day. Volumes are likely to shift as the rollover approaches with investors rushing to close and open positions.
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