User blogs
Mirror trading: What exactly is it?
Online trading has become popular in recent years, but not everyone who wants to practice it has enough time or training. Thanks to technological advances, there are new options to handle these inconveniences. How? With new forms of automated trading, such as copy trading, social trading and mirror trading. In this article I’m going to explain what the latter entails. Are you interested? Keep reading!To get more news about forex mirror trading, you can visit wikifx.com official website.
What is mirror trading?
Whether you are interested in mirror forex trading, or any other market, mirror trading is a strategy that can be applied to most markets. Mirror trading is a type of automated trading that emerged in 2000, even before the other variants, such as copy trading and social trading. Its name gives us a clear clue of what mirror trading means, since it consists of replicating or reflecting the strategy of a certain trader.
In this case, this strategy is hosted on the server of the company that offers the trading services - the broker - which, in turn, makes it available to its clients through its platform.
The trader who wants to replicate strategies of other market participants is able to see all the characteristics and the results of each one of them in the trading platform of his broker. Then they select one of them based on their profit goals, trading style, capital, risk tolerance level, etc.
Each one of the operations is copied automatically and configured in the account of the trader that replicates the strategy.
Advantages vs disadvantages of mirror trading
Before covering the advantages and disadvantages of mirror trading, I must present a clear warning: be careful, because absolutely everything in the strategy is replicated. That’s why it’s highly recommended that, before choosing this strategy, we dedicate time to researching the following:
Mirror trading vs Copy trading vs Social trading
The basis of mirror trading, copy trading and social trading is, broadly speaking, the same: a trader copies the strategies and techniques of another trader. However, these three variants have their differences when it comes to putting them into practice. Let's see them:
Mirror trading
In this case, the ‘original’ trader programs and directly hosts his strategy on the server of the company that provides this service for the rest of traders to replicate. The trader who facilitates the strategy must have programming knowledge so that he can send the signals that will later be replicated in the client's trading account.
Copy trading
When we talk about copy traders, we refer to the technique by which a trader connects their account to the system of the company that offers this service, becoming a signal provider. Like mirror trading, this strategy can apply to Forex copy trading or any other market.
Unlike mirror trading, in this case it does not program its strategy on the company's server but instead hosts it on its own server and, from there, sends it to the trading platform for the broker to forward it to its clients. A client can then become a copy trader based on this strategy.
Social trading
Social trading is a kind of user community that works in the same way as a social network, but around a topic as specific as trading. In this case, we can talk about two types of actors that participate in this network: signal providers or professionals who share their operations; their followers, who seek advice, exchange opinions and investigate winning strategies.
Market sentiment - an alternative to mirror trading?
Admirals does not provide portfolio management or mirror trading services but is preparing a new copy trading service that is expected to be available in February 2021. Until then, it’s offering an alternative, thanks to its MetaTrader trading platform.
Admirals has the exclusive Supreme Edition plugin for MetaTrader 4 and Metatrader 5 that adds to these platforms, among other indicators, the Market Sentiment. You can consider this as something similar to an mt4 mirror trading function.
This indicator can help the trader know the majority positions of investors at a given time. What it does is measure the emotional state of market players and identifies whether the majority are long or short - that is, whether optimism or pessimism is dominating.
Only 5 days till Forex Expo 2021 in Dubai
Given the prospect of NAGA's platform, Ben will share valuable info about the road from the very beginning to where we are now. Join this speech and gain an exclusive insight behind the scenes of NAGA and what's planned for the future!To get more news about forex expo, you can visit wikifx.com official website.
When trading in the financial markets, one needs 3 important elements: a robust trading strategy, risk management rules and the discipline to follow them. Andreas will cover all these topics in his presentation and you will have the chance to get a free '50 Trading Tips & Tricks' book. Don't miss out - see you in Hall 6 at the expo!
Win gifts and meet our team
Wanna participate in a ticket giveaway to Sevilla FC's football match? Wanna take a selfie with the NAGA team and get a chance to be featured in NAGA Vlog?Make sure to visit us at the NAGA booth and let's create some memories together!
Elevate your trading career
As the saying goes, it's worth reading books because you never know which one sentence will spark an idea that can change your future.
The same is true for events like the Forex Expo - you can meet so many leaders of the trading world and hear potentially life-changing insights, so don't miss out and see you there!
The Forex Expo Dubai is the largest B2B and B2C Expo in the MENA Region. After the first successful Forex Expo Dubai held in March 2019, which attracted tens of thousands of traders and investors from around the world, it was decided to launch the second edition of Forex Expo in Dubai.
The Forex Expo brings together most of the brilliant market influencers and professionals to discuss the significant topics in the Forex space. The event brings together and assembles a global network of traders and industry expert driving a worldwide Forex trading and financial service revolution. The Impressive gathering of the whole Forex industry in the region offers numerous networking opportunities and insights to the Forex landscape.
LEARN TO TRADE FOREX (39)
Kick-start your trading career, fast-track your journey to trading success and become a more successful trader with the help of our Forex trading guides. Along the way, you’ll learn trading strategies that will set you up for success, discover how to beat the market using analysis and uncover the secret trading tips of professional traders.To get more news about learn how to trade forex, you can visit wikifx.com official website.
Build your confidence and learn to trade Forex, from how to get started to choosing a broker, creating a trading plan and placing an order for your first trade. Here at AskTraders, we’ll be with you every step of the way as you embark on your new and exciting path in currency trading.
Here’s our guide for beginner traders that will put the main ideas of the Forex market in a nutshell. The forex trader tutorial has been devised by the professional traders of the LiteFinance Company whose extensive experience helped optimize its structure and contents. The tutorial offers all you may need for a quick start of your trading career.
If you are not acquainted with the terms and don't have the least idea of how this system works, this Forex tutorial is exactly what you need. From the very beginning, you will appreciate the accessibility of the provided information. After reading the first section of our forex trading tutorial, you will understand the way the Forex trading system works and you will be able to communicate with your trading peers as an equal.
Traditionally, like any other Forex trader tutorial, this tutorial contains basic information on fundamental and technical analyses. The main mechanisms of price formation, the market impact of political and economic events, and other factors that affect stock prices are set forth in a simple and understandable way. Particular attention is paid to the popular methods of technical analysis. The author examines in detail the indicators and graphical patterns used by traders.
As you may have already noticed, a great deal of Internet blogs is devoted to trading psychology. It’s not for nothing! The Trading Psychology section of our Forex tutorial deals with the question of what the psychological pitfalls of trading are and why it’s so important to work on yourself.
The money management section of this Forex tutorial is worth a special mention. It reflects the authors’ personal experience since this subject is part and parcel of practical application and therefore cannot be examined separately. You will learn to control risks and place Stop Loss and Take Profit orders wisely, the way Forex market professionals do.
The last section of our Forex tutorial will help you build your own trading strategy. Starting with the basic idea and concluding with testing and adjustment, you will develop your first trading system together with the professional trader. This section is a logical conclusion of the whole tutorial as from now on you can start your safe journey in the world of Forex trading. Feel free to download our Forex tutorial right from LiteFinance’s official site.
FDA Warns of Counterfeit Home COVID-19 Test Kits
The U.S. Food and Drug Administration is warning Americans to watch out for phony at-home, over-the-counter COVID-19 tests that look a lot like the real things.To get more news about best ifak pouch, you can visit rusuntacmed.com official website.
The counterfeit test kits may put you at risk of unknowingly spreading the disease or not seeking appropriate medical treatment, the agency cautions.
The phonies "are made to look like authorized tests so the users will think they are the real, FDA-authorized test," the FDA said in a statement about the fakes. "The FDA is concerned about the risk of false results when people use these unauthorized tests."
If you get a false reading that you don't have the coronavirus, you could inadvertently infect others at home, at work or in medical and long-term care facilities. Also, you might not seek or could discontinue treatment for COVID-19, the agency explained.
Two fakes the FDA knows of are counterfeit Flowflex COVID-19 test kits and iHealth Antigen Rapid Test Kits — you can find more details on how to spot the fakes at the FDA statement. The package and components of the Flowflex imitation could easily mislead consumers looking for the authorized Flowflex test.
The FDA has a list of authorized at-home OTC COVID-19 tests. It is not aware of any counterfeit tests distributed by federal government test distribution programs.
What should you do if you have one?
If you suspect you have a counterfeit test, do not use it. Contact the distributor or store where you bought it to tell them that you have a counterfeit test, and also inform the manufacturer of the authorized test, the agency said.
The manufacturer may ask for additional information such as photos of the packaging to further investigate the issue. After providing any requested information to the distributor and/or manufacturer, follow the manufacturer's instructions for returning or disposing of the test.
Talk to your health care provider if you think you were tested with a counterfeit test and you have concerns about your results, the FDA advised.
5 Best Plywood Brands: Wood Company
List of 5 Best Plywood Brands: Wood Company which are sorted out based on the total sales Revenue.To get more news about film faced plywood, you can visit boosterplywood.com official website.
The Indian furniture market size was estimated at USD 55 billion and is expected to grow at a CAGR of 12.91% during the period 2020-2024, while the global furniture market was estimated at USD 1.1 trillion in 2020.The Indian furniture market accounted for 5% of the global demand, which indicates a growth potential especially at a time when a number of global buyers look forward to India as an alternative to China as a furniture manufacturing base.
1. Century Plyboards (India) Ltd
Century Plyboards (India) Ltd. came into existence in 1986 as a result of the foresightedness of two visionaries, Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. Since then, the company has taken giant strides and is today, the largest seller of multi-use plywood and decorative veneers in the Indian organized plywood market.
In 1997, CenturyPly became the first company to introduce Borer-Proof Plywood in India. As the pioneers in Borer Proof Plywood and Boiling Water Resistant (BWR) Decorative Veneers and Laminates in India, the company has successfully created a niche in the highly competitive lifestyle segment.
Today, the company is a one-point manufacturing unit of all kinds of plywoods and plywood related products, offering International quality and highest Return-on-Investment to every stakeholder.
2. Greenply Industries Ltd
The company was incorporated as Mittal Laminates Private Ltd. The organization was renamed as Greenply Industries Ltd.
Mr. Rajesh Mittal took the first step towards the introduction of plywood industries in India by setting up a saw-mill. Mr. Rajesh Mittal came up with a plywood manufacturing plant in Nagaland with the intention of providing products of unmatched quality.
Amalgamation of Greenply Industries Limited with Mittal Laminates Limited took place on 1st April. Prior to this event, the plywood manufacturing unit at Tizit, Nagaland was transferred to Greenply Industries Limited.
3. Greenpanel Industries Ltd
Greenpanel is India’s largest manufacturer of wood panels. The company state-of-the-art manufacturing plants in Uttarakhand and Andhra Pradesh make top-quality Medium Density Fibreboard (MDF), Plywood, Veneers, Flooring and Doors.
Greenpanel, previously known as Green Panelmax, is the largest producer of MDF in the country. The company manufacturing plants have a combined annual capacity of more than 540,000 cubic meters of MDF. This is complemented by the company robust distribution network of 3,000-plus outlets spread across the country.
Police investigating after dozens of car tires slashed in Queens
Leponto has lived in Bayside, Queens for seven months. He says he never felt uncomfortable or unsafe until this moment.To get more news about summer car tires, you can visit gofortunetire.com official website.
“My fiancé and I moved here at the beginning of the year and we loved the area,” Leponto said. “It’s just really unfortunate that now we have to consider whether or not this is the place for us to live because we can’t trust that our vehicles will be safe at night.”
Leponto’s car is one of at least 44 with punctured tires in this neighborhood. Police responded to Corporal Kennedy Street and 42nd Avenue Sunday morning to find dozens of tires had been slashed overnight.
“Whoever did this, I hope they realize you’re not just popping tires, you’re affecting people’s days, you’re affecting people’s lives,” Leponto said. “Some people are struggling as is with everything going on in the world.”
A new tire can cost anywhere between $50 to $200 — a hefty fee that these drivers have no choice but to pay.
“They got all four of my tires and I had to get it towed and it cost me $661,” Doris Rubinic said, who has lived in Bayside her entire life. She says this isn’t the first time cars have been vandalized in this neighborhood.
“A few years ago someone was taking a bolt cutter and smashing off your side mirrors,” Rubinic said. “Then a year later, they broke all windshields. Then they’re taking windshield wipers off the back of SUVs. And now it’s this.”
As car owners now deal with the aftermath of this slashing spree, they have one message for the person who did this.
“Please just take a second, step back and think about how you’re affecting others who not only have no idea who you are but haven’t done anything to you,” Leponto said. “At the end of the day, we’re all people and we should treat each other with kindness.”
Shanghai’s covid lockdown is over. Its economic problems aren’t.
When the end came for Shanghai’s covid lockdown — at the stroke of midnight on June 1 — it was met with cheerful reunions and Champagne toasts across the city. And for good reason. For two months, the 25 million residents of this famously vibrant, high-wattage metropolis had been confined to their homes as the government fought to contain China’s largest outbreak. The nation’s hard-line zero-covid policy had brought Shanghai to a standstill. Only essential workers were allowed to venture out. Businesses were shuttered, and supply chains broke down.To get more Shanghai economy news, you can visit shine news official website.
The reopening came as daily cases of the virus hovered near zero, and it means that people can once again roam freely, and businesses can reopen — though residents will still be required to have a covid test every 72 hours.
When it comes to the human cost — in terms of public health and the trauma of trying to obtain food and medicine — the worst has passed. But the longer-term impact of Shanghai’s lockdown will be felt in other ways and not only in the city. Sources told Grid that many of the economic problems generated by the lockdown are profound and cannot be erased overnight. Chinese officials remain committed to the same zero-covid policy that shut Shanghai down; that casts uncertainty over the city’s return to normalcy and the entire country’s economic trajectory as well.
“The truth is that the reopening is a positive sign for markets, but you can’t take it as a given that things will just move in a linear direction positively,” Shehzad Qazi, managing director at China Beige Book, a data analytics firm, told Grid. “Covid outbreaks can very quickly lead to reversals.”
Meanwhile, Shanghai’s economic uncertainty is symptomatic of troubles zero-covid has caused across the country and amount to a major challenge for the Chinese government. As China’s President Xi Jinping seeks to secure a third term in November, the growing toll of the pandemic will have political implications as well.
“The long-term significance is even more serious,” Daniel Rosen, CEO of the Rhodium Group, which tracks the Chinese economy, told Grid. “The lockdowns have revealed the eroding capacity of the Chinese system to make good choices between economic welfare and political pride and the severe slowing that results when politics predominates in modern China.”Initially, many of the city’s factories ground to a halt. To help restart production, the government allowed some companies to enter a “closed loop” — a policy that was used to manage the February Beijing Winter Olympics. After clearing a covid test, workers at factories (Tesla’s was a much-covered example) lived on site. Scientists at some pharmaceutical companies slept in their labs to continue product testing. But even with these measures, industrial production fell across Shanghai and the Yangtze Delta region as workers got sick, others stayed home and supply chains were fractured.
Shanghai’s service sector — which in recent years has accounted for an estimated 70 percent of the city’s GDP — took a big hit as well. Many nonessential businesses including beauty parlors and the city’s popular coffee shops were forced to close. Eliza Jiao, the CEO of Personalively, a “new retail” company, told Grid the lockdown disrupted her business in ways great and small. Her company’s cash flow was interrupted because it wasn’t possible to process invoices from home, they couldn’t develop new business leads, and an in-person pop-up sales event for a client was canceled. Meanwhile, some of their clients’ e-commerce supply chains were impacted, so Jiao had to reduce order volume and refund some purchases.
Shanghai’s low-income population felt the pain of the lockdown most acutely. Xu Qiangwei, a young migrant worker employed in a Shanghai car factory, told the World of Chinese that an outbreak there had slowed production, cutting into his paycheck. “Because of the pandemic, I only worked half of last month and haven’t been paid yet. I’ve already spent all my money since this outbreak started.”
After one of his roommates tested positive, Xu was locked down in his room and went hungry for two days because the workers’ dorm received no food deliveries from the government, and skyrocketing prices made it impossible for him to buy food. “After this outbreak is over, I want to go home,” he said. “At home, at least I won’t go hungry.”As the city reopens, the Shanghai government has rolled out a slew of measures — from business tax breaks to consumer subsidies — to help boost the economy.
But the latest news from the city suggests the road to recovery will be steep. Tesla’s Shanghai factory is operating at only 70 percent of capacity — one of many cases of factories struggling to get back to work due to labor and supply chain issues. Manufacturing executives in Shanghai told the South China Morning Post in May that layoffs would be necessary even after the lockdown, because of losses they had incurred.
Among those recovery measures, the Shanghai government announced that all the city’s businesses could reopen without applying for a permit. But some firms didn’t survive the two months of paralysis. A hairdresser broke down in tears telling the BBC that he had been forced to close his salon.
How do I unlock a smart lock?
There are almost as many ways to unlock a smart lock as there are brands. Here are the main options:To get more news about wifi smart lock, you can visit securamsys.com official website.
Keypad or touchscreen
Some smart locks use a keypad or touchscreen and allow you to punch in a number code. While this can be convenient, some burglars have been known to study the keypad to look for fingerprint smudges on the keys and use it to infer the passcode to gain access. Some locks like Weiser Premis generate a random two-digit code up front that you have to tap before you enter your pin, in order to eliminate this possibility.
Biometrics
Biometrics is really just a fancy word for using an element of your biology to access the door. In this case, the most common home-use option is a fingerprint scanner imbedded in the door lock, but optical or eye-scanning locks also exist (mainly commercially).
Smartphone/remote control
A common way for unlocking a smart lock is to use a smartphone. With a companion app, you can simply tap a virtual button on screen to lock or unlock your door from anywhere. This method can be very convenient if you want to temporarily allow someone to place a package just inside your door, for example, then relock it once they leave and close the door.
Geofencing
Geofencing or geotagging uses the precise location of your phone to automatically lock or unlock your door whenever you enter or leave a small geographic area. This technology is usually set up inside the companion app and can be quite handy if you are forgetful about locking up.
Physical key or not?
Some smart locks have an emergency key, and some don’t have a keyhole at all, making them “unpickable.”
Tap to unlock
Some locks, like Schlage Encode, let you use your phone as a keyfob; simply bringing it close to the lock will generate a digital handshake and your lock will open. Of course, you’ll need to securely unlock your phone first.
Can you use a smart lock in any door?
For the most part, smart locks, like regular door knobs and deadbolts, are relatively standard in size. If you live in a newer home, or have a newer door, chances are your smart lock will fit easily. If you live in an older home, or have older doors, you may find it could be difficult to get a fit. While some lock brands like Weiser offer adaptor kits (often for free if you call to request one), if you have an oddly sized door, you’ll want to measure and ensure the company has a liberal return policy.
For doors where it will be a challenge to fully replace the deadbolt mechanism, you can consider a smart lock kit that slips over the back of your existing deadbolt latch. August Smart Lock is a good example and you can check out our full smart lock review.
Architectural CAD Software 2022 Business Scenario
The Architectural CAD Software global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key factors. Readers can enhance their knowledge on the trading strategies, recent developments, current and future progress of the key players in the Architectural CAD Software global market.To get more news about architectural cad software, you can visit shine news official website.
The report includes an in-depth study of the global market segment Architectural CAD Software, where segments and sub-segments are analyzed in quite detail. This research will help players focus on high growth segments and modify their business strategy, if needed. The Architectural CAD Software global market is segmented based on type, application and geography. The regional segmentation research presented in the report provides players with valuable insights and data regarding key geographic markets such as North America, China, Europe, India, US, UK and MEA. Our researchers and analysts use reliable primary and secondary sources for research and data.
Study Coverage: This section includes brief information about key products sold in the global Architectural CAD Software market followed by an overview of important segments and manufacturers covered in the report. It also gives highlights of market size growth rates of different type and application segments. Furthermore, it includes information about study objectives and years considered for the complete research study.
Executive Summary: Here, the report focuses on key trends of various products and other markets. It also shares analysis of the competitive landscape, where prominent players and market concentration ratio are shed light upon. Prominent players are studied on the basis of their date of market entry, products, manufacturing base distribution, and headquarters.
Market Size by Manufacturer: In this part of the report, expansion plans, mergers and acquisitions, and price, revenue, and production by manufacturer are analyzed. This section also provides revenue and production shares by manufacturer.
Production by Region: Apart from global production and revenue shares by region, the authors have shared critical information about regional production in different geographical markets. Each regional market is analyzed taking into account vital factors, viz. import and export, key players, and revenue, besides production.
Consumption by Region: The report concentrates on global and regional consumption here. It provides figures related to global consumption by region such as consumption market share. All of the regional markets studied are assessed on the basis of consumption by country and application followed by analysis of country-level markets.Market Size by Application: It gives an overview of market size analysis by application followed by analysis of consumption market share, consumption, and breakdown data by application.
Key Industry Players: Leading players of the industry are profiled here on the basis of economic activity and plans, SWOT analysis, products, revenue, production, and other company details.
Entry Strategy for Key Countries: Entry strategies for all of the country-level markets studied in the report are provided here.
Production Forecasts: Apart from global production and revenue forecasts, this section provides production and revenue forecasts by region. It also includes forecast of key producers, where important regions and countries are taken into consideration, followed by forecast by type.
Consumption Forecast: It includes global consumption forecast by application and region. In addition, it provides consumption forecast for all regional markets studied in the report.
Robotics as a Service delivers industry flexibility
Robots can be used to increase productivity in manufacturing, but the typical robot is highly specialized for a particular task. It’s ill-suited to the evolving requirements of a manufacturing plant that might have 25 assembly lines and produces a diverse range of products. Capgemini helps create flexible solutions for use in industrial environments, assisting employees with some of their most challenging tasks.To get more news about Robotics as a Service, you can visit glprobotics.com official website.
Capgemini integrates its Teach Robot Yourself “TRY” software, machine learning and Intel technology with leading robotics innovators to create flexible and programmable robotic solutions that help manufacturers and other technology businesses assist workers, increase productivity and improve ROI. Capgemini’s Robotics as a Service (RaaS) enables businesses to affordably procure, adapt and deploy robots for use cases across many different industries using a flexible AI enhanced service model.
To deploy IoT enabled robotics capabilities without making heavy up-front investments or to learn more, contact one of our industry experts.
Time: Vendor selection and project management for a deployment can be incredibly time-consuming, and many end users simply don’t have the time to execute
Capital: Large upfront CapEx investments are expensive and slow to budget for
Expertise: Lack of in-house expertise can make it difficult for companies to even know where to begin, how much automating will cost, and which vendors to work with
Inflexibility: High CapEx investments are hard to justify with any level of uncertainty over long-term production requirements. The possibility of change within even a 4 year time horizon can introduce serious risk of high future repurposing costs, or worse, an expensive robot sitting idle
Risk and Unforeseen Expenses: Automation deployments can bring risk and a range of costs that are difficult to predict, ranging from minor to catastrophic
Formic’s model removes all five of those barriers to entry. We make deploying automation fast, affordable, accessible to all levels of knowledge, flexible, and risk-free.
Since we only charge a low hourly rate on system uptime, our model aligns Formic with the interests of our customers. We are incentivized to maximize the ROI of every application we deploy.
To learn more about which types of applications are best suited for automation, please read this post from our VP of Robotics and Co-founder, Misa Ilkhechi.