Month: August 2018

How to Configure Your Automated Trading Bot?

How to Configure Your Automated Trading Bot?

With the development of automated trading robots such as the QProfit System, you are no longer expected to babysit your computer and monitor what is happening on the screen all the time. The trading robot is well equipped to execute multiple trades one after the other with the help of an in-built computer software. All a user is expected to do is configure the system in such a way that the software will able to pick up on the pre-determined settings and parameters and then execute trades based on the user’s configuration.

Why should you configure your automated trading bot?

There are 2 important reasons as to why every trader who wishes a smooth trading experience must configure his/her system and these are:

  1. To make the software easier to use, especially for new users and amateur traders
  2. To make the bot operate in the manner that you expect it to perform

Therefore, follow these simple steps to configure your bot.

Configuration Steps:

  1. Choose the type of automated trading bot that you want. There are two basic types – one is the simple and the other is a complex one. While the simple but makes use of only one trading pair, the complex but makes use of multiple pairs.
  2. Next, you are required to name your trading bot. This will help you identify the different trading pairs made by your bot.
  3. Third, you need to select your exchange where you want to trade.
  4. Fourth, you are required to select your trading pair, as this will help the bot decide what to buy and what to sell.
  5. Next, input the trade size so that the bot will know how much you want to use in your trades.
  6. Once you set your trade size, you will need to set a safety trade value as well. Although this step is optional, it is highly recommended because it allows you to trade in a controlled manner.
  7. Next, input your target profit so that your bot is aware when to sell an asset and in what percentages.
  8. Once you decide on the target profit, set the type of your profit, either in terms of base trade percentage or in terms of total volume percentage.
  9. Post this, you are expected to set your maximum safety-trade count. Once again this is an optional step but is recommended in order to execute safe trades.
  10. After this, set your maximum active safety-trade count.
  11. Then you will need to input a factor to account for price deviations in order to enable the bot to open more safety trades.
  12. Once all input parameters have been given, you need to set the initial trade conditions to start your first trade.

Although the number of steps needed to configure your automated trading bot may seem long, it only takes a few minutes to execute the configuration process. It is not that difficult as you may think. Therefore, you must configure your system so that it becomes more user-friendly and more reliable in terms of its performance. A well-configured trading bot will be a pleasant tool for new traders and a very robust one for the more professional traders.


Tips For Successful Trading In CFD

Tips For Successful Trading In CFD

A Contract for Differences (CFD) is a derivative trading gaining popularity in recent times. This is different from normal trading of stocks because CFD enables you to trade on the price movements of a financial instrument without actually owning them. In fact, you escape from all the rights and obligations in relation to the financial instrument. In simple words, CFD is nothing but trading on the price movements of any financial instrument/asset.

If you are sure about price movements of a particular financial instrument i.e. if you believe the price of the particular instrument to go up or down, then this is your best platform to trade. Your profit is the difference between the price you buy the units and the price you sell them.

Consider the below points while trading CFD’s to enjoy a successful return.

 1) Trading strategy: Understand the underlying factors for price fluctuations. This isn’t something that can be gained in a day. Look for the options that are available in the market affecting the price movements. Invest a lot of time in understanding the instrument before you start to trade.

2) Start with lower amount: Start trading with the smaller amount and try different strategies to trade CFD’s. This will help you in gaining trade experiences. Also, if you trade with a smaller amount, the loss you incur while trying these strategies would be immaterial. End of the day, what your gain is the application of different strategies.

3) Identify the platform: Choose a CFD trading platform that allows you to trade every day. Ensure you trade in a platform that comprises of wide range of financial instruments such as commodity, futures, indices, Forex etc., This will give you a wide opportunity to trade different instruments for trading CFD.

4) Be Confident: It is always better to start with a financial instrument with which you have a basic knowledge. This is because; you will have confidence in your trading as you possess some knowledge about it. Being confident not only helps you to take a wise decision but also gives you a high chance of earning a successful return.

5) Trading Tools: In order to help beginners as well as advanced traders to gain a profitable return, trading robot/software are programmed that analyze market psychology and in turn advice traders on best trading strategy. A trading robot such as QProfit System aids CFD traders to earn an outstanding profit. Try this tool if you are interested to trade in CFDs.

6) Risk: The main factor that keeps people away from trading is the risk. Since trading CFD completely works on prediction, one must always think of the risk associated with it. Do an intense study and explore the options to mitigate risk and gain higher or equivalent return or a break even trade if not a profitable one.


Cryptocurrency In Small Business

Cryptocurrency In Small Business

Within very less span of time cryptocurrency has got the status of mainstream investment option. In this digital world, decentralized currencies are created by mining, by using the high-speed computers. Bitcoin is the pioneer of all the Cryptocurrencies and was launched in 2009. These currencies have made a large number of people rich and many more poor. The government of many countries are not pleased with them and has banned their trading in many countries.

But after its price reached the peak last year many people are investing in it to explore its potential in the business world. It is the right time to find out the crazy effect of cryptocurrency in your business. If you are having a business that is hardware oriented then you must have felt the craze. As these currencies work on GPU (Graphics Processing Units), the price of these processors have skyrocketed with the rise in the price of Cryptocurrencies. GPUs are used for mining of these Cryptocurrencies and people have flocked into buying their hardware to increase their income.

If you are having a business of crypto mining hub then you should be very much careful about crypto jacking, the cybercriminals secretly take access of your computers processing power as a result of this your computer slows down and you have to pay the extra electric bills to run these rigs and also profits from that exploitation.

Many people have taken cryptocurrency as an option of getting richer while others see a potential in them to become a real-world currency. As more and more people start using it, a day may come when people start using it for payment of goods and services.

You can use these currencies as a personal investment scheme to diversify your income.  It is tough to make a profit by mining these currencies as it involves a lot of mathematical calculations and is not a cup of tea for those who are not computer nerds. As you invest in stock and bonds in the same way you can invest in Cryptocurrencies. It is the easy way to double your income; ups and downs are part of any trade so buy the coin when the price is less and seeing the volatility of the market don’t get confused wait for the correct time to sell it off. 2017 has created the benchmark for the trading of digital currencies, in 2018 the market is bit low but crypto fans are optimistic. Click QProfit System for more reviews.




Guidelines To Buying Stocks

Guidelines To Buying Stocks

Buying your first stock should be given much importance. You are entering the world of trading where many people have made millions and at the same time, there are many others who have lost all here. Hence you need to be cautious and disciplined while you trade. Below mentioned are the steps one should follow to buy the stock online.  There are automated robots too available online wherein you just have to log into their website and start trading. They are ideal for people who don’t have much time in their hands to conduct trading. Learn more about it to begin trading. However, if you wish to do it all by yourself, follow the steps.

Open up the brokerage account- If you are wondering where to purchase the stocks, the easiest means to buy them is through the online brokerage firm. Now days opening up of the brokerage account are quite easy just like opening up the bank account. You just have to fill in an account application and give your identification proof.  You need to choose the best quality brokerage firm in the business. The decision to choose the broker should depend on the following things:

  • How much amount of money you got
  • How frequently you wish to trade
  • Support you need

Select the stocks- Once the account is opened; it is time for you to pick the stocks. Go through the reports of the organizations you are familiar with. All the analytical tools and information you need to evaluate the organization would be readily available on the website of the broker.

Decide on how many numbers of shares you wish to buy- One should never get pressurized about the number of shares one wish to buy or fill the portfolio with all the stock in one go. Consider beginning your trading career by buying a small number of shares.

Choose the order type- There are many fancy trading moves and terms one will hear every day. You need to understand the basic order terms thoroughly and then decide which type of order you wish to choose. Basic terms one need to be aware is asked, bid, market order, spread, limit order, stop-limit order, stop-loss order and so on.

Optimize the approach- The key to being successful in trading is to concentrate and focus on things that you are able to control.  Ensure that you have the right tools and be careful of the investing fees.


Why Do People Opt For Binary Options Trading?

Why Do People Opt For Binary Options Trading?

Trading in binary options has become quite popular nowadays around the world. Key to success in binary trading is to choose the best binary options broker by conducting thorough research about them so that you can ensure that transactions are conducted fairly.  You could get more info about trading by going through the following source of information. Below mentioned are few advantages why one should try their hands in the binary options industry.

Pros of industry

Easy to use and learn- Compared to stock or forex trading, binary options trading is much easier to participate in and understand its workings.  You just have to predict the selected asset’s movement. If you could make informed decisions about the movement of price, then you are fit to start the binary trading.

Trading is flexible- With the binary trading, one can control your limits, investment sums, risks, and potential profits. Hence, from the beginning, you will be able to ascertain how much you will lose or earn. For instance, you buy a stock worth 100 dollars as you anticipate the price will rise, then go ahead and buy it by choosing payout rate and expiration time. It will ensure that you don’t get any surprises as in the case with share trading.

Anywhere, anytime trading- The online trading platform in binary options can be accessed anytime, from anywhere with the help of a mobile device or computer that is connected with an internet connection.  This lets investors from around the world to participate in this trading.

Go social- Binary traders usually share their experiences on various social networking sites and learn from one another. There is a various discussion held online about the latest trends and strategies. This social aspect gives a boost to binary investing popularity. The expiration periods are very much short that lets the traders exchange experiences and ideas continuously. The share trading and the forex trading are too slow hence they cannot benefit from the social aspect.

You don’t have to be an expert in finances- You don’t have to be an expert in finance if you wish to participate in binary trading. You just need to possess general knowledge and common sense to make accurate predictions. Suppose, if an organization is planning to launch a new product, you can forecast that its price will rise. This knowledge could be used to make money. However, one needs to possess expert economics and financial knowledge to profitably trade in stocks or forex.