P
postman
2096 for me please.
Atilla
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What's the world coming to 
Ten Bulls leading the charge led by fairval against four cuddly lil bears led my me Atilla the old dog...
League table updated as usual with bulls to bears in the final week of 2015-QTR-2. ibetyou has won this quarter but this week it's about collecting points for the end of year running total...
Wishing you all good luck.
Ten Bulls leading the charge led by fairval against four cuddly lil bears led my me Atilla the old dog...
League table updated as usual with bulls to bears in the final week of 2015-QTR-2. ibetyou has won this quarter but this week it's about collecting points for the end of year running total...
Wishing you all good luck.
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Pat494
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I think this may be of interest to some
-------------------------------------------------------------------------------------------
By Atul Prakash
(Reuters) - When Noa Strijbos picks a financial asset to trade on her smartphone while taking her dog for a walk, almost 26,000 people pay close attention.
The 30-year-old Dutchwoman is among the top-ranked traders on eToro.com, one of several mobile apps and websites that allow budding investors to copy the most successful trades out there rather than come up with their own.
About 25,900 people follow her profile on eToro, which has 4.5 million members overall, while nearly 5,000 have signed up to become her "copiers" – essentially creating a giant investment club - routing funds directly in the hope of profiting automatically from her trades.
Like any investment, this phenomenon has its risks and the stars of the apps can also lead people into losses, however good their records may appear.
Regulators are cracking down on the murkier parts of tech-driven trading, and recently a trader from the London suburbs has been accused of helping to trigger the 2010 "flash crash" on the U.S. stock market. The trader says he did nothing wrong.
Still, the story of Strijbos shows how the spread of smartphones has revolutionised trading for those who believe more in the wisdom of their peers than of fund managers who charge heavy fees. This trend should also open up investment decisions to the public, rather than keeping them hidden.
eToro members can see each investment decision that Strijbos makes using the site.
"Every bit of trading I do is online," said Strijbos, who pocketed nearly 600 percent profits last year. "The Internet has helped me in transforming myself into becoming a professional trader from an amateur observer in a few years."
Online copy trading is growing fast but remains a niche in the overall retail trading market which, according to research and advisory firm Aite, is worth $2.8 trillion in the United States - with close to a quarter of U.S. adults who have Internet access trading online. Some industry estimates put the volume of retail trading in Britain at about $700 million a day.
Online trading and information providers including Zulu Trade, Ayondo, Tradency and FxPro's Super Trader have popularised concepts such as "copy trading", all having a basic idea that investors can profit from the apparent wisdom and talent of others.
Sites typically highlight their most successful members whose strategies others would want to copy. Less prominent are the members who have failed badly, possibly leading others astray.
On the eToro network, investors can search and select other traders by assets, countries or performance etc., while another website gurufocus.com offers people the option to choose trading strategies of famous and successful fund managers.
Even the professional asset-management industry is starting to take copycat trading strategies seriously, at a time when active fund managers face competition from passive exchange-traded funds that track market indexes for lower fees.
One top European wealth management firm recently back-tested the investment strategies of star investors such as Warren Buffett, with a view to possibly incorporating them into their investments.
"The (copycat) strategy often works," said a source familiar with the study.
MULTIPLIER EFFECT
Market professionals naturally warn of the risks, with some saying amateurs copying trades of other novice players were prone to heavy losses because of the volatile nature of the markets. A bad decision by a top-ranked trader could have a multiplier effect on followers and spread losses far and wide.
"In some ways these tools help in democratising market access, but equally there are inherent dangers in people trading underlying securities which they don’t really understand," Peter Dixon, equity strategist at Commerzbank, said.
"People may get sucked into these kinds of trades and get their fingers badly burnt."
However, top officials of many trading sites said they had safeguards in place. AlphaClone's chief executive Mazin Jadallah said it employed a hedging mechanism that is automatically triggered when an index falls below some technical levels, while eToro's founder and CEO Yoni Assia said it asks investors to specify in advance the percentage of losses they could bear.
The relatively new trading apps and websites have grown rapidly. AlphaClone, which runs an exchange-traded fund (ETF) and also enables investors to invest in strategies derived from the holdings of top managers, has expanded five fold in the past 15 months.
Thomson Reuters data based on the filing date of March 31 shows those who had held shares in the ETF included JP Morgan Securities, Constellation Wealth, Raymond James and RBC.
Modern technology is increasingly being used to create new products for both novice and experienced investors.
John Fawcett, founder and chief executive of Quantopian.com - which provides a platform to build, back-test against live or 13 years of data and execute algorithms - said its users included a defence contractor, a hedge fund executive and a telecom engineer.
Careers as professional quantitative analysts, who use mathematics and statistics to come up with trading strategies, may even beckon. "We've even seen an industry outsider score a job as a 'quant' at a top hedge fund with his Quantopian track record," said Fawcett.
(Editing by Lionel Laurent and David Stamp)
-------------------------------------------------------------------------------------------
By Atul Prakash
(Reuters) - When Noa Strijbos picks a financial asset to trade on her smartphone while taking her dog for a walk, almost 26,000 people pay close attention.
The 30-year-old Dutchwoman is among the top-ranked traders on eToro.com, one of several mobile apps and websites that allow budding investors to copy the most successful trades out there rather than come up with their own.
About 25,900 people follow her profile on eToro, which has 4.5 million members overall, while nearly 5,000 have signed up to become her "copiers" – essentially creating a giant investment club - routing funds directly in the hope of profiting automatically from her trades.
Like any investment, this phenomenon has its risks and the stars of the apps can also lead people into losses, however good their records may appear.
Regulators are cracking down on the murkier parts of tech-driven trading, and recently a trader from the London suburbs has been accused of helping to trigger the 2010 "flash crash" on the U.S. stock market. The trader says he did nothing wrong.
Still, the story of Strijbos shows how the spread of smartphones has revolutionised trading for those who believe more in the wisdom of their peers than of fund managers who charge heavy fees. This trend should also open up investment decisions to the public, rather than keeping them hidden.
eToro members can see each investment decision that Strijbos makes using the site.
"Every bit of trading I do is online," said Strijbos, who pocketed nearly 600 percent profits last year. "The Internet has helped me in transforming myself into becoming a professional trader from an amateur observer in a few years."
Online copy trading is growing fast but remains a niche in the overall retail trading market which, according to research and advisory firm Aite, is worth $2.8 trillion in the United States - with close to a quarter of U.S. adults who have Internet access trading online. Some industry estimates put the volume of retail trading in Britain at about $700 million a day.
Online trading and information providers including Zulu Trade, Ayondo, Tradency and FxPro's Super Trader have popularised concepts such as "copy trading", all having a basic idea that investors can profit from the apparent wisdom and talent of others.
Sites typically highlight their most successful members whose strategies others would want to copy. Less prominent are the members who have failed badly, possibly leading others astray.
On the eToro network, investors can search and select other traders by assets, countries or performance etc., while another website gurufocus.com offers people the option to choose trading strategies of famous and successful fund managers.
Even the professional asset-management industry is starting to take copycat trading strategies seriously, at a time when active fund managers face competition from passive exchange-traded funds that track market indexes for lower fees.
One top European wealth management firm recently back-tested the investment strategies of star investors such as Warren Buffett, with a view to possibly incorporating them into their investments.
"The (copycat) strategy often works," said a source familiar with the study.
MULTIPLIER EFFECT
Market professionals naturally warn of the risks, with some saying amateurs copying trades of other novice players were prone to heavy losses because of the volatile nature of the markets. A bad decision by a top-ranked trader could have a multiplier effect on followers and spread losses far and wide.
"In some ways these tools help in democratising market access, but equally there are inherent dangers in people trading underlying securities which they don’t really understand," Peter Dixon, equity strategist at Commerzbank, said.
"People may get sucked into these kinds of trades and get their fingers badly burnt."
However, top officials of many trading sites said they had safeguards in place. AlphaClone's chief executive Mazin Jadallah said it employed a hedging mechanism that is automatically triggered when an index falls below some technical levels, while eToro's founder and CEO Yoni Assia said it asks investors to specify in advance the percentage of losses they could bear.
The relatively new trading apps and websites have grown rapidly. AlphaClone, which runs an exchange-traded fund (ETF) and also enables investors to invest in strategies derived from the holdings of top managers, has expanded five fold in the past 15 months.
Thomson Reuters data based on the filing date of March 31 shows those who had held shares in the ETF included JP Morgan Securities, Constellation Wealth, Raymond James and RBC.
Modern technology is increasingly being used to create new products for both novice and experienced investors.
John Fawcett, founder and chief executive of Quantopian.com - which provides a platform to build, back-test against live or 13 years of data and execute algorithms - said its users included a defence contractor, a hedge fund executive and a telecom engineer.
Careers as professional quantitative analysts, who use mathematics and statistics to come up with trading strategies, may even beckon. "We've even seen an industry outsider score a job as a 'quant' at a top hedge fund with his Quantopian track record," said Fawcett.
(Editing by Lionel Laurent and David Stamp)
P
postman
2081 below me and 2110 above me is there life in this old dog yet?
Atilla
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Well done to Postman who takes gold this week. :clap:
Liver gets silver and TwinToWinbronze. Well done too, about time you guys found your mojos. Especially you Liver.
.................................................................................Postman
........................................Liver..............................................................................TwinToWin
Liver gets silver and TwinToWinbronze. Well done too, about time you guys found your mojos. Especially you Liver.
.................................................................................Postman
........................................Liver..............................................................................TwinToWin
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Atilla
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****** RATATATATATAAAAAAATATATATATAAATAT RATATATATATATAAAAATTATATTaaaa ******
The S&P 500 - QUARTER 2 - 2015 - WEEKLY FORECASTING COMPETITION PRIZE GOES TO...
IBETYOU
There can only be one quarterly winner!
$50 Amazon Voucher will be making it's way to you soon ibetyou...
Our new comer has also broken two records;
Maximum Gold Medals in one Quarter.....5
Number of Gold Medals in a Row........... 3
The S&P 500 - QUARTER 2 - 2015 - WEEKLY FORECASTING COMPETITION PRIZE GOES TO...
IBETYOU
There can only be one quarterly winner!
$50 Amazon Voucher will be making it's way to you soon ibetyou...
Our new comer has also broken two records;
Maximum Gold Medals in one Quarter.....5
Number of Gold Medals in a Row........... 3
League table link here...
.
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Thanks Pat. i just hope this weeks poor performance isn't going to be the norm for the next quarter.
I hope Greece can get sorted as it's hard trying to guess the weeks finish without them messing around.
Goodluck to everyone next quarter looking farward to trying to catch the front runners and beat my record with 4 golds in a row.lol
with this -1 for wrong direction i'll most likely be back to zero by the years end. lol
So everything to play for even if you have not done to well in the first half it can change just like that. so keep it up guy and we will beat the market.
I hope Greece can get sorted as it's hard trying to guess the weeks finish without them messing around.
Goodluck to everyone next quarter looking farward to trying to catch the front runners and beat my record with 4 golds in a row.lol
with this -1 for wrong direction i'll most likely be back to zero by the years end. lol
So everything to play for even if you have not done to well in the first half it can change just like that. so keep it up guy and we will beat the market.
Well here goes, my first call of Q3
It,s not going to be easy this week with Greece and national holiday Friday,
I'm thinking it's going to be like trying to climb a greasey pole rapped in cling film
Now if that sounds a little erotic to any of you then you need to get out more.
The last i heard was that Greece want a referendom which will take a week, so i'm thinking this will be drawn out for another week and so i'm thinking flat week.
So 2091 for me please atilla :clover:
It,s not going to be easy this week with Greece and national holiday Friday,
I'm thinking it's going to be like trying to climb a greasey pole rapped in cling film
Now if that sounds a little erotic to any of you then you need to get out more.
The last i heard was that Greece want a referendom which will take a week, so i'm thinking this will be drawn out for another week and so i'm thinking flat week.
So 2091 for me please atilla :clover:
Atilla
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Attached is the running total leader board.
TwinToWin leads with 29 points.
Gaffs is in second place with a game in hand.
Atilla is in third place with joint 26 points.
Kicking off QTR-3, quarterly points are reset back to zero so all forecasts stand an equal chance of winning $50 prize at the end of September.
Wishing you all good luck and sticking with my regular forecast and becoming more bearish, hence 2073 for me this week.
We are now half way through the year. Doesn't time fly
TwinToWin leads with 29 points.
Gaffs is in second place with a game in hand.
Atilla is in third place with joint 26 points.
Kicking off QTR-3, quarterly points are reset back to zero so all forecasts stand an equal chance of winning $50 prize at the end of September.
Wishing you all good luck and sticking with my regular forecast and becoming more bearish, hence 2073 for me this week.
We are now half way through the year. Doesn't time fly
