Tuesday,
04 December 2007,
08:34 GMT
Automated Trading Championship 2007
by Mazhit Mugattarov
Reporting the 9th Week of the Championship (26 November-2 December)
9 weeks have passed since the beginning of the contest. The unconditional leaders seem to have already dug in their places, but the fight goes on, so very different Participants may win.
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Monday,
05 November 2007,
11:13 GMT
Automated Trading Championship 2007
by Mazhit Mugattarov
Reporting the Championship: Fifth Week (28 October-4 November)
The fifth week of the Automated Trading Championship 2007 is over. This week, like all preceding ones, made some changes in the Top Ten Expert Advisors.
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Thursday,
25 October 2007,
11:20 GMT
Automated Trading Championship 2007
by Mazhit Mugattarov
Interview with Michael Mayson (mmayson)
The Participant from New Zealand, Michael Mayson has been involved in automated trading for not a very long time. All this time he was using his Expert Advisor ZelDelComp, which he presented in the Championship. Michael expalins the success of his EA so: “It is not taking great risks. We have seen some of the riskier strategies rise and then fall”.
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Wednesday,
24 October 2007,
05:36 GMT
Automated Trading Championship 2007
by Mazhit Mugattarov
Interview with Drazen Ziskovic (draz)
Drazen Ziskovic from Croatia uses an Expert Advisor based on two main principles. The first principle is time. The second principle considers patterns, price volatility and many other things. Drazen uses a non-standard money-management method. "My lot size calculation is simple, based on leverage – AccountBalance()*Leverage/100K".
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Tuesday,
23 October 2007,
08:42 GMT
Automated Trading Championship 2007
by Mazhit Mugattarov
Mathematics in Trading: How to Estimate Trade Results
A certain level of mathematical background is required of any trader, and this statement needs no proof. The matter is only: How can we define this minimum required level? In growth of his or her trading experience, trader often widens his or her outlook "single-handed", reading posts on forums or various books. Some books require lower level of mathematical background of readers, some, on the contrary, inspire one to study or brush up one's knowledge in one field of pure sciences or another. We will try to give some estimates and their interpretations in this single article.
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Tuesday,
23 October 2007,
08:00 GMT
Automated Trading Championship 2007
by Mazhit Mugattarov
Interview with Alexey Kirienko (Axelforex)
The Participant of the Automated Trading Championship 2007 from Kyrgyzstan Aleksey Kirienko is the leader of The Championship already for the second week. The development of his Expert Advisor for the contest took quite a long time. "The secret here is that we should use traditional and famous matters in accordance with our own needs, making alterations that can solve our task – in such a case they will be very useful".
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Monday,
27 August 2007,
02:51 GMT
Making Bread
by Anna Coulling, Currency Trader
Profit From The Carry Trade In Currency Trading
If you propose to trade currency for the longer term, such as I do, rather than as a scalper who trades the market hundreds of times as day, then a key element to your success will be in understanding the carry trade. This provides trading opportunities due to the difference in interest rates between the various currencies.
Each country and therefore currency has its own interest rate, which is then converted into borrowing and lending rates by all the banks. When a bank lends you money the rates are always higher than when it borrows (like a spread). It pays you a lower rate on your funds deposited, than it charges you to borrow! Now, obviously rates between countries vary enormously. The interest rate in Japan is currently near 0%, and the New Zealand central bank rate is 7.
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