In our current financial system approximately 60% of trade volume is algorithmic and performed by computer trading bots.This can do some strange things to the market and over the last twenty odd years governments have set up things like market shut downs and "circuit breakers" etc, to try and stop things like flash crashes which have happened for unknown robotic reasons in the past.
As a human, it's not such a good thing. Traders struggle to keep up with the machines, even the simple indexes. Active traders and hedge funds are having a hard time proving their worth. Only the select few do really well and they are hard to get access to, with restricted access and minimum contributions.
Computer automation and the internet as we know has also been harnessed in a big way for social structures. Following and copy pasting are made easy and news is distributed quickly through various different channels. Now there is a new way to trade stocks, bond and commodities that take advantage of this. you can trade bitcoin on there as well. It turns out people are better at choosing people to copy than at choosing stocks. This is called Social Trading.
So now we have a combination of an algorithmic market and a new human social market. Like we did before except the human market is somewhat automated, people can copy other people's trades automatically in real time and combine combinations in different ways. You can get a tree of traders copying other trader copying other and copying themselves again in various different human links. I call this the hyper Neural Market.
It's like a cyborg market. A totally new beast altogether and I think that understanding this will be key to the future in crypto-currencies.I've been looking at it for a few years now and it is going well. You can set it up here. You do have to be careful who you copy, but social trading is one of my latest vices. It makes for an easy way to take advantage of volatility and the big uptrend in bitcoin price we are seeing now. You don't need to watch the charts all day. You Just need to find someone who is. I'm on it all the time.
PS Etoro actually runs a kindof a bitcoin ETF for trading which is somehow linked to bitstamp.
As a human, it's not such a good thing. Traders struggle to keep up with the machines, even the simple indexes. Active traders and hedge funds are having a hard time proving their worth. Only the select few do really well and they are hard to get access to, with restricted access and minimum contributions.
Computer automation and the internet as we know has also been harnessed in a big way for social structures. Following and copy pasting are made easy and news is distributed quickly through various different channels. Now there is a new way to trade stocks, bond and commodities that take advantage of this. you can trade bitcoin on there as well. It turns out people are better at choosing people to copy than at choosing stocks. This is called Social Trading.
So now we have a combination of an algorithmic market and a new human social market. Like we did before except the human market is somewhat automated, people can copy other people's trades automatically in real time and combine combinations in different ways. You can get a tree of traders copying other trader copying other and copying themselves again in various different human links. I call this the hyper Neural Market.
It's like a cyborg market. A totally new beast altogether and I think that understanding this will be key to the future in crypto-currencies.I've been looking at it for a few years now and it is going well. You can set it up here. You do have to be careful who you copy, but social trading is one of my latest vices. It makes for an easy way to take advantage of volatility and the big uptrend in bitcoin price we are seeing now. You don't need to watch the charts all day. You Just need to find someone who is. I'm on it all the time.
PS Etoro actually runs a kindof a bitcoin ETF for trading which is somehow linked to bitstamp.
This comment has been removed by a blog administrator.
ReplyDelete