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NAGA Trader Review 2020 | CoinNewsSpan

NAGA TRADER offers this innovation only to raise the trading bar higher. This artificial intelligence-based technology acts as a personal assistant to your trading ventures. It brings you the most useful insights that you can use in your trading strategy. When you sign up for CYBO, you are asked to fill in a questionnaire that…

NAGA TRADER offers this innovation only to raise the trading bar higher. This artificial intelligence-based technology acts as a personal assistant to your trading ventures. It brings you the most useful insights that you can use in your trading strategy. When you sign up for CYBO, you are asked to fill in a questionnaire that basically aims to understand your vision and your inclinations for your trading aims. By understanding you better, this robot assistant helps you to accelerate your trading ventures in a very efficient manner.

What makes your trading even more effective is the fact that it is a 24/7 support. All you need to do is to simply set your preferences. The rest will be taken care of by robot intelligence. It will carry on the trade based on your established guidelines, and therefore, you don’t miss any trade opportunity. The robot is designed in a manner that can’t withdraw any funds from your account. It strictly follows what you suggest.

Try before finalizing with Demo Account

NAGA TRADER allows first-time users to get a taste of the platform with its ‘Demo Account’ feature. With this feature, the user can register as a demo user and get a knack of the features of the platform before committing to it fully.

It takes $2,500 virtual money to open this demo account. If we compare the features of the LIVE account with the Demo account, apart from the limitation on the number of CFDs usage, the rest of the features and tools are almost the same.

All the activities a demo user undertakes are only accessible to the other demo accounts and vice versa. No LIVE account can be accessed by a demo user. Amongst each other, the demo users can follow each other, communicate with each other, copy each other’s trades and strategies, and so on.

Earning money on the platform

As discussed earlier, the copying of trades, the popularity of the trader strategies, result in bonuses and double bonuses too. How many times the trades get copied determines the calculation of the bonuses. More the followers, the more is the bonus earning.

Due to the presence of an automatic copy feature, there stays a room for risks. Although a good number of followers means additional bonuses, sometimes some unprofessional activities occur from the signal providers, which result in risks. That is why it becomes very important to pay close attention to the activities, and the intention of the trader before trusting it.

NAGA TRADER, on the other hand, takes a small portion of the percentage of the revenue which is generated by every trade copying or other activates on the platform. This is the source of the income of the service provider- NAGA TRADER.

Summarizing the Pros

  • The mutual sharing and the learning feature of the platform beat all the other trading platforms.
  • Another aspect that stands out is the copy trading feature.
  • The platform strives to make the trading and investment process simple for the traders (both experienced and new). It does so with CYBO (the artificial intelligence-based trading and investment robot advisor), and NAGA portfolio feature.
  • The mobile app of NAGA TRADER is very effective and feature-packed.
  • The web platform, on the other hand, is a step ahead of the mobile app and offers full-fledged trading.
  • The fact that the interface is user-friendly attracts all kinds of users to the platform. The variety of trading instruments is another point that the users can enjoy.
  • The mix of social media network structure with the trading platform gives NAGA TRADER an edge over others.
  • It is a neat arrangement to have the demo users and demo accounts separated from the LIVE users and their accounts. It saves from so much of possible confusion.
  • The NGC based bonuses are also an interesting twist to the trading platform.

Summarizing the Cons

  • If we talk about the improvement sector, there can be some improvement done on the user performance view, other trader’s operations, and overall the social features can get more depth to them to become more effective.
  • The risk factor in trading on the platform can be a turn-off for some people.
  • Lastly, the web trading platform can be seen as less competitive because of its simplicity.

Our Say

Trusting this platform becomes natural because of its long-standing proven history and ever going great performance and success. The platform has made its mark on the market due to its strong performance. For instance, its retail trading is an excellent innovative step that sets it apart from the rest. It is an improvement from the Metatrader platform.

Those who are used to the Metatrader may find the transformation a little tricky to get a grip on, as the improvements are targeted to attract the new generation of traders and investors. The blend of social media network with the investment and trading platform is like a new source of fresh air that connects all kinds of masses. The open platform that allows the user to connect with anyone and learn from anyone is certainly the new age fun-based trading platform.

NAGA TRADER’s trading features are second to none. They are highly competitive and are highly user-friendly. The fact that the new users can also gain the confidence of trading by copying trades from the established ones is a great way to encourage mass participation. After the long-detailed review, we can confidently give you a green signal to participate in this unique trading platform that is designed for the millennial as well as the traditional investors and traders.

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Broker news

Donald Trump blasts ‘fools’ who oppose good Russian ties

US President-elect Donald Trump has posted a progression of tweets censuring the individuals who contradict great relations with Russia as “‘dumb’ individuals, or nitwits”.

Mr Trump promised to work with Russia “to comprehend a portion of the numerous… squeezing issues and issues of the WORLD!”

His remarks came after an insight report said Russia’s leader had attempted to help a Trump race triumph.

Mr Trump said Democrats were to be faulted for “gross carelessness” in permitting their servers to be hacked.

In a progression of tweets on Saturday, Mr Trump said that having a decent association with Russia was “no terrible thing” and that “lone “idiotic” individuals, or simpletons, would believe that it is awful!”

He included that Russia would regard the US increasingly when he was president

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Broker news

Bulls and Bears Took on More Currency Exposure in Week Through January

he most striking improvement among theoretical situating toward the finish of a year ago and the primary session of 2017 is not that modification were little. There was just a single gross theoretical position modification of more than 10k contracts. With sterling apparently not able to maintain even humble upticks, the bears added 13.1k contracts to the gross short position, lifting it to 120.2k contracts.

Or maybe, it is eminent that examiners for the most part added to positions, long and short, as opposed to close positions at the very end of the year. Examiners added to net long outside cash prospects positions, aside from in the Japanese yen and Swiss franc where 2.6k and 2.5k contracts were exchanged separately. Examiners likewise added to gross short positions. Here there was just a single exemption, the Japanese yen. Despite the fact that the dollar shut comprehensively higher in front of the end of the week, every one of the monetary forms we track here, spare the Mexican peso, picked up against the dollar in the three sessions since the finish of the CFTC reporting period.

Every once in a while it is helpful to review why many market members take a gander at the theoretical situating in the cash fates advertise. It is not that the outside trade is essentially a prospects showcase. It is principally an over-the-counter market in which every day turnover midpoints in abundance of $5 trillion a day.

Trade exchanged monetary forms and alternatives represented around 3% of the normal day by day turnover as indicated by the BIS study. Be that as it may, past reviews have discovered some contemporaneous connection between’s market heading and net position changes. We think it additionally offers knowledge into a specific market section of pattern supporters and energy brokers. It is not by any means the only device, yet one of a few data sources.

One ramifications of this is albeit theoretical positions in the money fates market are moderately extensive, it is still little contrasted and the money showcase. Along these lines, it is difficult to see the genuine essentialness of a record vast position, as though there is some market top. At some point, examiners are not driving the costs, possibly there is another fragment, national banks, enterprises, as well as genuine cash that is more essential at any given minute.

We invest some energy taking a gander at gross positions instead of just net theoretical positions, which is the more customary approach. We think a more granular look is frequently fundamental. There is a distinction between short-covering, for instance, and new purchasing, however it appears to be identical in the net. Additionally, the gross position is the place the introduction is not the net position. A net position of zero does not mean the market is nonpartisan. Net positions could be huge, which implies a short press or a negative stun could in any case troublesome. The positions that must be balanced are captured in the gross measure not the net figure.

We find numerous customers are likewise keen on theoretical situating in the US Treasuries and oil. The net and gross short theoretical Treasury position has swelled to new records. The bears added 23.8k contracts to the as of now record net short position, lifting it to 616.2k contracts. The bulls attempted to pick a base and added about 20k contracts to the gross long position, which now remains at 471.2k contracts. These modification prompted to a 3.8k contract increment in the net short position to 344.9k contracts.

The bulls delayed in the oil prospects toward the finish of 2016. They exchanged short of what one thousand contracts, leaving 608.1k gross in length contracts. The bears added 4.1k contracts to the gross short position, giving them 168k. These conformities trimmed the net long position by very nearly 5k contracts to 440.1k.

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3 ways to profit in the ‘year of the dollar’

In December, the Federal Reserve raised loan fees for the second time since the Great Recession and included the desire of a 2017 financing cost climb to its gauge. Furthermore, only a couple days prior, the abundantly anticipated minutes from the most recent Fed meeting demonstrated the most hawkish tone from the national bank in two years.

In the meantime, Europe has been dove into political turmoil after a year ago’s Brexit vote and the later abdication of Italy’s leader. Somewhere else, the Bank of Japan proceeds down the way of negative rates and forceful security purchasing.

Put it all together, and it isn’t astounding that the U.S. Dollar Index is up against 14-year highs.

Speculators may have missed so much discussion on account of babble about the Dow Jones Industrial Average at the end of the day almost hitting 20,000. Be that as it may, paying little respect to your assignment to stocks or your venture skyline, this sort of huge picture incline in the dollar implies right now is an ideal opportunity to position your portfolio to benefit and, maybe most critical, to keep away from a portion of the pitfalls that can originate from a solid local cash.

Here are a couple ideas dollar exchanges ought to consider:

Residential plays over multinationals

There’s a considerable measure of seek after shopper stocks in 2017 on account of an enhancing work market and any desires for a jolt under a GOP-controlled Congress and President Donald Trump. In any case, remember that not all retailers are made equivalent especially those with abroad operations that are adversely affected by the wide dissimilarity in monetary standards at this moment.

For example, retailer Wal-Mart Stores Inc.(WMT) said troublesome money trade rates shaved very nearly 2.5% off profit for each partake in the second quarter of 2016. On the other hand consider that in the monetary final quarter of 2016, athletic attire goliath Nike Inc.(NKE) saw its income development cut down the middle because of forex weights, from 12% year-over-year in consistent cash measures to only 6% including real money changes.

To take advantage of the “reflation” exchange that numerous financial specialists are counts on in 2017, you need to represent the headwinds that a solid dollar are making for multinationals at this moment. The most ideal approach to do that is to consider customer plays that do by far most of their business here in the U.S. – for example, Foot Locker Inc.(FL), which has been an uncommon splendid spot in retail throughout the most recent couple of years.

Supported money ETFs

Obviously, in the event that you need a steady portfolio, you can’t just purchase just local centered values. Geographic expansion is similarly as imperative as enhancement crosswise over parts and resource classes. Such a large number of financial specialists keep on holding worldwide plays in light of a legitimate concern for a balanced portfolio, regardless of the possibility that it implies battling a daunting struggle as a result of a solid dollar.

The uplifting news, notwithstanding, is that you don’t need to leave yourself to torment through a solid dollar and a powerless euro when you put resources into Europe. Nor do you need to stress over the yen-dollar conversion standard when you put resources into Japan. That is on account of there’s an entire group of cash supported ETFs to permit financial specialists to put their cash in outside business sectors yet keep away from forex issues.

Consider that Japan’s Nikkei 225 file is up around 25% from its July 2016 lows. The WisdomTree Japan Hedged Equity Fund(DXJ) is up 35% in a similar period on account of assurance from forex issues and a somewhat better-performing rundown of stocks – while the non-supported iShares MSCI Japan ETF(EWJ) is up only 10% in a similar period because of battling a difficult task against a solid dollar.

In the event that you need to differentiate your portfolio comprehensively, you ought to consider supported assets that incorporate the Japan-centered DXJ, the WisdomTree Europe Hedged Equity Fund(HEDJ) to play Europe or the iShares money Hedged MSCI EAFE ETF (HEFA) for developing markets.

Dollar list ETF

In the event that you are searching for an immediate play on a rising dollar as opposed to putting resources into stocks, figuring out how to exchange remote trade can appear like an overwhelming undertaking. Gratefully, there’s the PowerShares DB US Dollar Index Bullish Fund(UUP).

This ETF is attached to the U.S. Dollar Index, which is a measure of the greenback against a wicker container of other worldwide monetary standards including the yen and the euro. It’s a straight money play, however that doesn’t make it straightforward or hazard free. In the event that the dollar debilitates, you’ll lose cash similarly as though you’re putting resources into a stock that has fallen on difficult circumstances. Furthermore, obviously, PowerShares takes a little cut of your speculations en route that indicates 0.8% yearly, or $80 a year on each $10,000 contributed.

Still, in the event that you need to conjecture on the dollar or support against a solid U.S. cash keeping down other worldwide ventures on your rundown, it’s maybe the least demanding approach to do as such for generally financial specialists.

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