Week #35 - Week 35 : management behavior in crisis, Asset Tokenisation, Most innovative countries and Emailing Birthday.

Week #35 - The week of the new world. What you don't have to miss ?

1 - 8 management behaviors that drive change without crisis :
In this era of rapid market and technological change, I know I have to challenge my small business advisory clients to keep innovating and stay ahead of the game. As you can imagine, it is human nature to look for a stable and unchanging business process, after all the pivots and chaos of starting your business. Innovation driven only by crises is not leadership and growth.

How do you build a robot for a winning forex strategy like X112

X112 is one of the best forex strategy of ThirdBrainFx

Since 2010, i am programming robot for finance. For any pair of points, soybean, eur/usd or other HKDJPY (Hong Kong Dollars vs Japanese Yen).

I scooped some awards in japan for some good strategies like ThirdBrainFx or Sphynx.

What is the logic for building an expert advisor - the robot - and to be successful as a signal provider?

Why consumers will be the big losers of GDPR

GDPR will

Like a very good video of the Financial Times told us (1), small US companies are exiting the European Market because of GDPR. 1'700 engineers are working at Microsoft for GDPR and only big companies can have their ass safe negotiating directly with the European Commission. Others companies will be at the mercy of any good lawyers to be pushed outside the market.

Check this 4 little advices from an IT project manager to its fellow colleagues.

The IT Debt...

All professional from IT sector, developers, system administrators, tech urbanist knows that every classic IT department work...quite bad after a while.

If the people who build roads had exactly the same professional behaviour, half of the roads would end nowhere and the rest will have issues serious or not.

I have never seen an IT department working like we wanted to run it. Never.

The best IT department I have personally seen are decentralized ones who bet on the people inside their organization and not in process or "management theory".

When the robot will feel emotions.

Crazy robot...

AlphaGoZero (1) was the first Robot which could learn to play "Go" without historical data. In Fact, AlphaGoZero did not play from "scratch" but was playing against AlphaGo, against on another robot.

Like the child who learns to play football by learning the codes and imitating the adult, the robot was learning by reinforcement: by the feedbacks of another robot.

It's exactly like we learn with reward and punishment. Our entire educational system, - the stupid ones yes -, is based on this 2 tits of social education with teachers acting more or like the robot of AlphaGo.

we give you the 7 truths about Expert Advisor for forex market and retail traders.

The 7 truths about expert-advisor for metatrader 4

I founded a swiss based corporation based on forex robot in 2012 - ThirdBrain SA - then you are waiting for me a long speech about how this robot are well done and make profit.

It’s not my goal. I am not anymore in the company in any case but I would like to share with you my discovery of the Forex Market at different level :

As client, first, 10 years

As Expert advisor producers, 6 years

As Broker,  ThirdBrain SA was broker with an European Solution during 2 years

As Official Wealth Manager under Swiss Market Authority Regulation, 3 years.

Lesson #6 - Don't play when you are tired - it's my lesson of the day

Don't play when you are tired

You remember yesterday. I took 2 positions of 0.10 each.

First to be honest with you, I made a "double click" and i did not really want to open 2 positions....in Metratrader 4, when you click on the trade, you are not opening the box to modify the order, what i wanted to do to modify StopLoss, but open a box to open a new trade. 

I made a terrible mistake with the stop loss.

Lesson #5 -I made 40 USD with my first trade but I am not happy.

Not happy

Let’s go back yesterday. After a quick setup, we took the decision to open LONG (means BUYING) in USD/CHF with a clear trend in H4 « replicated » in H1. TakeProfit was set to 66 pips, StopLoss, 100

Seeing that we had a resistance during the forecast journey, we decided to look at the trend when we will be close of the resistance.

Lessons #4, How to setup my trading plan before to start trading

Set up your trading plan now

First, we take Metatrader 4 as software to trade.

To download Metatrader 4, we advise FXDD or SwissQuotes.

SwissQuotes :

https://en.swissquote.com/forex/forex-trading-platforms/metatrader-4

Fxdd (*):

http://www.fxdd.com/us/en/downloads/?platform=mt4basic