How to become a binary options broker - Quora

Cyb3rnub: How Binary Option Scams Work.

Due to the anonymous and mostly unregulated nature of the internet and the ease with which it is possible to make fake websites for attracting people, along with the ability of communicating via email has made the online world a fertile ground for scammers. Lots of people have been fooled out of their money in different ways and binary investment scams are one of them. Binary options trading has also provided these scammers the opportunity to make a living by convincing people to part with their cash. How can this happen?
First and foremost, binary options trading is a fully legitimate form of trading. But, the online nature of the trading itself as well as the service providers, combined with the fact that it is relatively new, has made it a stomping ground for scammers. As compared to traditional stocks and commodities trading that requires established and large brokers, binary options trading only requires a convincing website that can lure uninformed individuals to a service where they are scammed. Since you cannot see or hear people you are communicating with, it is easier than ever for scammers to get away with it.
Most binary investment scams involve scammers presenting a binary options trading opportunity to people, asking them to invest their money. Upon receiving their investment, they first claim to make profits and show the numbers to convince people to invest more and more. At the end of the day, they claim that there was a loss and all subsequent trades will also result in a loss. Thus, the investor will be left empty-handed because the trades didn’t work in their favor. There are also cases where the scammer may not just be content with the money they get from people.
Some of the binary investment scams out there also involve ‘identity theft’, which means the scammer steals sensitive information like passwords, bank account numbers, credit card numbers and even social security numbers. They can use this information for nefarious purposes and it can lead to disastrous consequences for the investor.
With the constant onslaught of such binary options trading system that are designed to deceive people and scam them, a lot of people become discouraged. These scams are ruining the image and credibility of the binary options industry, even though it is a legitimate way of earning.
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Forex Signals Reddit: top providers review (part 1)

Forex Signals Reddit: top providers review (part 1)

Forex Signals - TOP Best Services. Checked!

To invest in the financial markets, we must acquire good tools that help us carry out our operations in the best possible way. In this sense, we always talk about the importance of brokers, however, signal systems must also be taken into account.
The platforms that offer signals to invest in forex provide us with alerts that will help us in a significant way to be able to carry out successful operations.
For this reason, we are going to tell you about the importance of these alerts in relation to the trading we carry out, because, without a doubt, this type of system will provide us with very good information to invest at the right time and in the best assets in the different markets. financial
Within this context, we will focus on Forex signals, since it is the most important market in the world, since in it, multiple transactions are carried out on a daily basis, hence the importance of having an alert system that offers us all the necessary data to invest in currencies.
Also, as we all already know, cryptocurrencies have become a very popular alternative to investing in traditional currencies. Therefore, some trading services/tools have emerged that help us to carry out successful operations in this particular market.
In the following points, we will detail everything you need to know to start operating in the financial markets using trading signals: what are signals, how do they work, because they are a very powerful help, etc. Let's go there!

What are Forex Trading Signals?

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Before explaining the importance of Forex signals, let's start by making a small note so that we know what exactly these alerts are.
Thus, we will know that the signals on the currency market are received by traders to know all the information that concerns Forex, both for assets and for the market itself.
These alerts allow us to know the movements that occur in the Forex market and the changes that occur in the different currency pairs. But the great advantage that this type of system gives us is that they provide us with the necessary information, to know when is the right time to carry out our investments.
In other words, through these signals, we will know the opportunities that are presented in the market and we will be able to carry out operations that can become quite profitable.
Profitability is precisely another of the fundamental aspects that must be taken into account when we talk about Forex signals since the vast majority of these alerts offer fairly reliable data on assets. Similarly, these signals can also provide us with recommendations or advice to make our operations more successful.

»Purpose: predict movements to carry out Profitable Operations

In short, Forex signal systems aim to predict the behavior that the different assets that are in the market will present and this is achieved thanks to new technologies, the creation of specialized software, and of course, the work of financial experts.
In addition, it must also be borne in mind that the reliability of these alerts largely lies in the fact that they are prepared by financial professionals. So they turn out to be a perfect tool so that our investments can bring us a greater number of benefits.

The best signal services today

We are going to tell you about the 3 main alert system services that we currently have on the market. There are many more, but I can assure these are not scams and are reliable. Of course, not 100% of trades will be a winner, so please make sure you apply proper money management and risk management system.

1. 1000pipbuilder (top choice)

Fast track your success and follow the high-performance Forex signals from 1000pip Builder. These Forex signals are rated 5 stars on Investing.com, so you can follow every signal with confidence. All signals are sent by a professional trader with over 10 years investment experience. This is a unique opportunity to see with your own eyes how a professional Forex trader trades the markets.
The 1000pip Builder Membership is ordinarily a signal service for Forex trading. You will get all the facts you need to successfully comply with the trading signals, set your stop loss and take earnings as well as additional techniques and techniques!
You will get easy to use trading indicators for Forex Trades, including your entry, stop loss and take profit. Overall, the earnings target per months is 350 Pips, depending on your funding this can be a high profit per month! (In fact, there is by no means a guarantee, but the past months had been all between 600 – 1000 Pips).
>>>Know more about 1000pipbuilder
Your 1000pip builder membership gives you all in hand you want to start trading Forex with success. Read the directions and wait for the first signals. You can trade them inside your demo account first, so you can take a look at the performance before you make investments real money!
Features:
  • Free Trial
  • Forex signals sent by email and SMS
  • Entry price, take profit and stop loss provided
  • Suitable for all time zones (signals sent over 24 hours)
  • MyFXBook verified performance
  • 10 years of investment experience
  • Target 300-400 pips per month
Pricing:
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VISIT 1000ipbuilder here

2. DDMarkets

Digital Derivatives Markets (DDMarkets) have been providing trade alert offerings since May 2014 - fully documenting their change ideas in an open and transparent manner.
September 2020 performance report for DD Markets.
Their manner is simple: carry out extensive research, share their evaluation and then deliver a trading sign when triggered. Once issued, daily updates on the trade are despatched to members via email.
It's essential to note that DDMarkets do not tolerate floating in an open drawdown in an effort to earnings at any cost - a common method used by less professional providers to 'fudge' performance statistics.
Verified Statistics: Not independently verified.
Price: plans from $74.40 per month.
Year Founded: 2014
Suitable for Beginners: Yes, (includes handy to follow trade analysis)
VISIT
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3. JKonFX

If you are looking or a forex signal service with a reliable (and profitable) music record you can't go previous Joel Kruger and the team at JKonFX.
Trading performance file for JKonFX.
Joel has delivered a reputable +59.18% journal performance for 2016, imparting real-time technical and fundamental insights, in an extremely obvious manner, to their 30,000+ subscriber base. Considered a low-frequency trader, alerts are only a small phase of the overall JKonFX subscription. If you're searching for hundreds of signals, you may want to consider other options.
Verified Statistics: Not independently verified.
Price: plans from $30 per month.
Year Founded: 2014
Suitable for Beginners: Yes, (includes convenient to follow videos updates).
VISIT

The importance of signals to invest in Forex

Once we have known what Forex signals are, we must comment on the importance of these alerts in relation to our operations.
As we have already told you in the previous paragraph, having a system of signals to be able to invest is quite advantageous, since, through these alerts, we will obtain quality information so that our operations end up being a true success.

»Use of signals for beginners and experts

In this sense, we have to say that one of the main advantages of Forex signals is that they can be used by both beginners and trading professionals.
As many as others can benefit from using a trading signal system because the more information and resources we have in our hands. The greater probability of success we will have. Let's see how beginners and experts can take advantage of alerts:
  • Beginners: for inexperienced these alerts become even more important since they will thus have an additional tool that will guide them to carry out all operations in the Forex market.
  • Professionals: In the same way, professionals are also recommended to make use of these alerts, so they have adequate information to continue bringing their investments to fruition.
Now that we know that both beginners and experts can use forex signals to invest, let's see what other advantages they have.

»Trading automation

When we dedicate ourselves to working in the financial world, none of us can spend 24 hours in front of the computer waiting to perform the perfect operation, it is impossible.
That is why Forex signals are important, because, in order to carry out our investments, all we will have to do is wait for those signals to arrive, be attentive to all the alerts we receive, and thus, operate at the right time according to the opportunities that have arisen.
It is fantastic to have a tool like this one that makes our work easier in this regard.

»Carry out profitable Forex operations

These signals are also important, because the vast majority of them are usually quite profitable, for this reason, we must get an alert system that provides us with accurate information so that our operations can bring us great benefits.
But in addition, these Forex signals have an added value and that is that they are very easy to understand, therefore, we will have a very useful tool at hand that will not be complicated and will end up being a very beneficial weapon for us.

»Decision support analysis

A system of currency market signals is also very important because it will help us to make our subsequent decisions.
We cannot forget that, to carry out any type of operation in this market, previously, we must meditate well and know the exact moment when we will know that our investments are going to bring us profits .
Therefore, all the information provided by these alerts will be a fantastic basis for future operations that we are going to carry out.

»Trading Signals made by professionals

Finally, we have to recall the idea that these signals are made by the best professionals. Financial experts who know perfectly how to analyze the movements that occur in the market and changes in prices.
Hence the importance of alerts, since they are very reliable and are presented as a necessary tool to operate in Forex and that our operations are as profitable as possible.

What should a signal provider be like?

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As you have seen, Forex signal systems are really important for our operations to bring us many benefits. For this reason, at present, there are multiple platforms that offer us these financial services so that investing in currencies is very simple and fast.
Before telling you about the main services that we currently have available in the market, it is recommended that you know what are the main characteristics that a good signal provider should have, so that, at the time of your choice, you are clear that you have selected one of the best systems.

»Must send us information on the main currency pairs

In this sense, one of the first things we have to comment on is that a good signal provider, at a minimum, must send us alerts that offer us information about the 6 main currencies, in this case, we refer to the euro, dollar, The pound, the yen, the Swiss franc, and the Canadian dollar.
Of course, the data you provide us will be related to the pairs that make up all these currencies. Although we can also find systems that offer us information about other minorities, but as we have said, at a minimum, we must know these 6.

»Trading tools to operate better

Likewise, signal providers must also provide us with a large number of tools so that we can learn more about the Forex market.
We refer, for example, to technical analysis above all, which will help us to develop our own strategies to be able to operate in this market.
These analyzes are always prepared by professionals and study, mainly, the assets that we have available to invest.

»Different Forex signals reception channels

They must also make available to us different ways through which they will send us the Forex signals, the usual thing is that we can acquire them through the platform's website, or by a text message and even through our email.
In addition, it is recommended that the signal system we choose sends us a large number of alerts throughout the day, in order to have a wide range of possibilities.

»Free account and customer service

Other aspects that we must take into account to choose a good signal provider is whether we have the option of receiving, for a limited time, alerts for free or the profitability of the signals they emit to us.
Similarly, a final aspect that we must emphasize is that a good signal system must also have excellent customer service, which is available to us 24 hours a day and that we can contact them at through an email, a phone number, or a live chat, for greater immediacy.
Well, having said all this, in our last section we are going to tell you which are the best services currently on the market. That is, the most suitable Forex signal platforms to be able to work with them and carry out good operations. In this case, we will talk about ForexPro Signals, 365 Signals and Binary Signals.

Forex Signals Reddit: conclusion

To be able to invest properly in the Forex market, it is convenient that we get a signal system that provides us with all the necessary information about this market. It must be remembered that Forex is a very volatile market and therefore, many movements tend to occur quickly.
Asset prices can change in a matter of seconds, hence the importance of having a system that helps us analyze the market and thus know, what is the right time for us to start operating.
Therefore, although there are currently many signal systems that can offer us good services, the three that we have mentioned above are the ones that are best valued by users, which is why they are the best signal providers that we can choose to carry out. our investments.
Most of these alerts are quite profitable and in addition, these systems usually emit a large number of signals per day with full guarantees. For all this, SignalsForexPro, Signals365, or SignalsBinary are presented as fundamental tools so that we can obtain a greater number of benefits when we carry out our operations in the currency market.
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How To Make Money Trading Reddit

How To Make Money Trading Reddit

MAKE MONEY WITH TRADING (Forex, Stocks, Binary Options)

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Trading consists of buying and selling assets, such as stocks, futures, currencies or derivatives, in a financial market. To trade, so that we obtain benefits, we will have to speculate with the movements in the price of the assets. This is the first step to making money from trading.
The word trading is usually associated with short-term investments, that is, short operations that seek benefits limited to a small time frame.
In other words, trading and investing are the same, only the time frame changes.
So if you hear terms like "stock trading" or "stock trading" it is the same thing, only they usually refer to different time frames.
The person who invests or trades is called a trader. A trader then is someone who invests in the financial markets.
Generally, the term trader is usually added to the asset that operates. For example, stock trader, futures trader, forex trader, in short, the asset that operates.
As you can see I am adding several concepts so that we all start from the same base.
So, trading is basically buying and selling assets, trying to buy at the lowest possible price and sell as high as possible. As simple as that.
I want you to understand something, the bases are 70% of your trading. It is amazing to see how advanced traders forget the basics before trading.
By advanced trader I mean someone who already knows how to trade but that doesn't necessarily make him a winning trader. In most cases they apply complicated strategies and forget something as simple as the bases.
How much can a trader earn? You put the roof on it, there is no limit. I recommend you measure your progress in percentages and not in nominals. It is best to verify your progress.
Is it necessary to be in a Trading Academy? Like everything, there are some who like to be social and others who prefer to work in a self-taught way. In trading, it is the same. If you need the constant support of people to not be demotivated, then a Trading Academy is a good option. Now, if you are an already motivated person who only needs to clear up doubts, then the best thing is a mentor, consulting professional, or a trading teacher who clears your doubts.
The foundations for making money trading have to be solid if we want to make profits consistently. So today I want to emphasize that, the foundations of being a successful trader. Let us begin!

How to Make Money Trading Reddit - Key Steps

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1) Buy Supports (and resistances)
Buying in supports is buying in a key area where the price exerts a certain friction preventing the price from continuing to advance, for whatever reason.
A support is nothing more than an area where the asset finds the confidence of investors, it is the level where they estimate that it is a good purchase price for them, and that is why they buy the asset in question, in such a way that the asset finds help in that level.
Most trading systems, at least the ones I know of which are a few, are based on this principle but what happens, they camouflage it with flourishes.
Instead of saying, to the purchase in supports, they add colored mirrors so that it does not look so simple.
I'm not saying that details are not good, but exaggeration of details can lead to confusion and later paralysis.
Systems must necessarily be simple.
Buying in stands not only improves your overall entry, but it drastically lowers your risks. The further we move away from a support, the more the risk increases.
Many times we end up buying halfway because the price "escaped" us and we think that we will not have another equal opportunity. The reality is that the market always provides opportunities for those who know how to wait.
There is a saying that the beginning trader has fun in the market, the professional trader gets bored.
This does not mean that the professional trader does things reluctantly, or that he does not like to invest. It means that the professional trader waits crouched, calm, for that opportunity that he is looking for appears, that entry into support that reduces his risk. While the novice trader enters and exits the market euphoric.
A professional trader can be in front of the screen all day and not make a single trade. The novice trader, on the other hand, if he spends more than 5 minutes without trading, he already feels bad, anxious and thinks that he is losing opportunities.
Without further ado, enter supports.
2) Execute stop loss
Holding losses is the biggest mistake of traders. Who in the beginning has not moved the stop loss because the operation moved against him?
It's a very common mistake. We enter the market, we put the stop, the operation turns against us and instead of executing the stop, we RUN IT!
We are camicaces.
The typical phrase "I'm waiting to recover" has burned entire wallets.
The market fell 40% and instead of leaving, they began to pray.
The great advantage of small portfolios, that is, investors with little capital, is flexibility and speed of reaction.
By running the stop loss you are losing the only advantage you have with respect to professionals and large investors. Because they sure have more capital and have wider margins.
Please don't take losses, don't run the stop loss.
If you miss the stop, distance yourself from the market and analyze why that happened to you for the next better place your stop.
3) Sell in resistonce
I want you to remember something. Until you sell, the profits are not yours.
Until you sell, you have no money.
Until you sell, you cannot say that the operation was successful.
Many traders are very good at finding entries. They perfectly see the supports and manage to enter at the best prices. But what happens to them, they don't sell.
It hits a key resistance, where price clearly can't break through and what they do, they hold out in case it breaks.
The worst, the price does not break or make an upthrust (which would be a kind of professional feint), it returns to support, it bounces, it goes back to resistance and what we do ... we wait again to see if it breaks, because now it is the correct.
And there is a worse case. It reaches resistance and we want to apply the phrase "let the profits run", so what do we do, we adjust the stop loss near the resistance in case the price breaks and continues.
The price tests the resistance, falls, touches our stop and we run it in case the price returns to the path. Instead of applying the phrase “let the profits run” we apply the phrase “let the losses run”.
An old master used to say, when the price reaches resistance, I collect my winnings and go on vacation.
It seems silly but it is a way of telling our brain, if you do things well you have a prize.
Sell ​​in resistance, the market always gives new opportunities.
4) The Trend is your friend
No better elaborated phrase. The trend is your friend. And as we all know, almost no one pays attention to their friends. We ask them for advice and if they don't say what we want to hear, we won't.
If the price goes up, where do you have to invest?
"It is not that the price was stretched too much and surely now a correction is coming, so I invest against it."
You are seeing that the trend is upward in an annual, monthly, weekly, daily, hourly and minute time frame, but just in case you invest against it.
Please, the trend is your friend, if it tells you that the price is going up, it is because it is going up.
I invested in favor of the trend. You do not want to beat the market because I assure you that it breaks your arm in a blink of an eye.
5) Statistical advantage
In the financial markets there are no certainties, only probabilities and whoever tells you otherwise is surely not winning in silver.
What we are looking for are windows of statistical opportunities. In other words, we try to turn the odds in our favor.
That is why it is always important to ask yourself the question, what is more likely, that the price will go up or down?
This is because many times we operate and do not realize that the odds are against us.
We can never be 100% certain, but just putting the odds in our favor by making concrete decisions based on logic and not on emotions can earn us a lot of money.
6) Consistency
You often see many traders showing one or two of their most successful trades and the occasional loss. This is good for teaching purposes, and it is useful for transmitting teachings.
But if you want to become a professional trader you need consistency. And consistency does not speak of an isolated operation, it speaks of sustained profits over time.
And when I say time I speak of years. Not a month, not a week, not a semester. 3 years, 5 years, 10 years, 20 years.
To give you an idea, ultra-professional traders fight to see who is more consistent.
In other words, the first question they ask themselves is how many years have you been winning?
A trader who every year earns a tight, modest percentage, reasonable to say the least, but consistently, is a much better professional than one who doubles the capital one year and the other is -90.
Consistency is highly treasured as it allows for simulations, strategizing, and even projections.
7) Trading plan
The number of traders who invest without having a trading plan is impressive. Something so important, so simple to make, so useful and very few use it.
A trading plan allows you to analyze your operations, see what you are doing, and then improve.
When we don't have a trading plan, what we did last week goes completely unnoticed because we can't internalize the teaching.
And when I speak of teachings, they can be gains or losses.
A loss allows us to adjust the plan but a success also.
In fact, when we have several successful operations, there is nothing better than taking their teachings and replicating them.
The trading plan is the only tool that allows us to do this, learn, improve and be the most objective possible, leaving aside emotions.

Forex trading Reddit

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When it comes to the currency market, one of the most popular trading markets is Forex. It represents the world's largest decentralized currency market. So we will answer how to make money from forex trading.
With only having a computer, tablet or mobile phone, and an excellent internet connection service, you will be able to operate from anywhere in the world in the Forex market. It has the great strength of being flexible and adaptable to all types of investors.
Select a prominent broker or intermediary agent, one that is recognized and very professional. Conduct negotiation trials with him, so that you get to know each other and do not put your capital at risk.
Develop together the work style that most identifies you and decide to earn money by trading, enriching yourself with all the possible knowledge and strategies.
Acquire strengths in detecting the ideal moment to carry out operations. You will achieve this by studying and understanding the graphs and trends of transactions, detecting that unique pattern that tells you when is the right time to proceed.
Do not hesitate, it is possible to earn a lot of money with trading! But, make sure, above all things, train yourself with a duly accredited professional, in guarantee of acquiring quality theoretical knowledge, imperative to understand the movement of the market.

How to Make Money Trading Reddit - Final Words

Trading is an “investment vehicle” that can serve your objectives of having financial peace of mind as long as it is part of a broad economic and financial planning in the short, medium and long term. If not, trading can become a fast track to lose your money, if you lack the necessary knowledge, experience and training. Follow the following formula to Make Money in Trading Consistently:

Profitability = (Knowledge + experience) x emotional and mental management

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Cryptocurrency – The Next Scam?

Cryptocurrency: What is it?

Cryptocurrencies, today’s biggest investment fad is dominating the headlines. Take Bitcoin, the most famous (and perhaps the most notorious) cryptocurrency has exploded in popularity over the last calendar year, despite the fact that it has been around for nearly a decade. Unless you have been living under a rock, you have heard of bitcoin, however, most do not know about the details behind the enigmatic cryptocurrency.
Bitcoin is a type of digital currency that was created by Satoshi Nakamoto back in 2008. However, the name Nakamoto is really an alias for an unidentified person, or group of people, who developed Bitcoin. Although there are numerous cryptocurrencies accessible now, Bitcoin has become the most popular one for investors.
Bitcoin was developed is such a way to evade tight government control on currencies while making online transactions simpler. The primary technology behind Bitcoin is a blockchain, a digital ledger in which public transactions made in cryptocurrencies are documented in a universal network of computers.

An ICO not an IPO

An ICO (Initial Coin Offering) is an unregulated fundraising mechanism that is used for a new cryptocurrency undertaking.
Here’s how it works: Say a company is trying to streamline a car service payment system so that it can be digital and encrypted. Sounds like a good idea. Let’s name it CarCoin. The company will then produce a document basically specifying exactly how the process will work (generally called a white paper). Additionally, they will create an eye-catching website and describe why CarCoin is a great idea that could be very beneficial. Then, the company will ask for people to send them money (typically Bitcoin or Ether, but they’ll also take fiat). In return, the company will send them back some CarCoin. The “investors” hope that CarCoin will be used a lot and be high in circulation, which could potentially raise the value of the currency.
This is sort of like an initial public offering (IPO), where investors buy shares of a company. However, unlike an IPO investing in an ICO doesn’t award you an ownership stake in the company or startup you’re giving money to. You are hoping that in this instance, CarCoin currently a worthless currency, will ultimately increase in value down the line and make you money.

Oh, what a scam!

Unfortunately, whenever there is money to be made the swindlers are never far behind. This is especially true at the ICO stage. Anyone can launch an ICO as there is very little regulation in most countries such as the United States. This means that as long as you got the tech aspect set up you can get yourself funded. This obviously can result in one of two things: potential profit for an investor or massive scams. The cryptocurrency market is perfect for scammers because it’s relatively new, backed by tons of hype, and comprises of complex technology. It’s easier to sucker someone into investing in your ICO in 2018 than your bogus real estate business—and unfortunately, plenty of people have.

Fake bitcoin brokers

Unfortunately, whenever a new investment opportunity pops up there are plenty of fake brokers to go along with it and cryptocurrency is no different. Take Bitcoinopts for example. This “broker” does not allow you to buy and sell bitcoins or let you “watch your profit grow as we trade daily”. Rather they profit off of your deposit and never allow you to withdraw. This is only the tip of the iceberg. Many of these cryptocurrency brokers are the same fraudulent binary options brokers operating under a different brand. It has become so rampant that Facebook has instituted a blanket ban for all ads pertaining to Bitcoin, ICO’s and other cryptocurrencies

Report these cryptocurrency scams.

If you have fallen victim to a cryptocurrency scam, send a complaint to at [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process. Visit www.fundsrecovery247.com for more information or Contact - [email protected] com.
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Selling your Covered Call - Thoughts on How to Select Your Strike and Expiration

Congratulations! You are a bag holder of company XYZ which was thought to be the best penny stock ever. Instead of feeling sorry, you consider selling covered calls to help reduce your cost basis - and eventually get out of your bags with minimal loss or even a profit!
First - let's review the call option contract. The holder of the call option contract has the right but not the obligation to purchase 100 shares of XYZ at the strike price per share. This contract has an expiration date. We assume American style option contracts which means that the option can be exercised at any point prior to expiration. Thus, there are three parameters to the option contract - the strike price, the expiration date and the premium - which represents the price per share of the contract.
The holder of the call option contract is the person that buys the option. The writer of the contract is the seller. The buyer (or holder) pays the premium. The seller (or writer) collects the premium.
As an XYZ bag holder, the covered call may help. By writing a call contract against your XYZ shares, you can collect premium to reduce your investment cost in XYZ - reducing your average cost per share. For every 100 shares of XYZ, you can write 1 call contract. Notice that that by selling the contract, you do not control if the call is exercised - only the holder of the contract can exercise it.
There are several online descriptions about the covered call strategy. Here is an example that might be useful to review Covered Call Description
The general guidance is to select the call strike at the price in which you would be happy selling your shares. However, the context of most online resources on the covered call strategy assume that you either just purchased the shares at market value or your average cost is below the market price. In the case as a bag holder, your average cost is most likely over - if not significantly over - the current market price. This situation simply means that you have a little work to reduce your average before you are ready to have your bags called away. For example, you would not want to have your strike set at $2.50 when your average is above that value as this would guarantee a net loss. (However, if you are simply trying to rid your bags and your average is slightly above the strike, then you might consider it as the strike price).
One more abstract concept before getting to what you want to know. The following link shows the Profit/Loss Diagram for Covered Call Conceptually, the blue line shows the profit/loss value of your long stock position. The line crosses the x-axis at your average cost, i.e the break-even point for the long stock position. The green/red hockey stick is the profit (green) or loss (red) of the covered call position (100 long stock + 1 short call option). The profit has a maximum value at the strike price. This plateau is due to the fact that you only receive the agreed upon strike price per share when the call option is exercised. Below the strike, the profit decreases along the unit slope line until the value becomes negative. It is a misnomer to say that the covered call is at 'loss' since it is really the long stock that has decreased in value - but it is not loss (yet). Note that the break-even point marked in the plot is simply the reduced averaged cost from the collected premium selling the covered call.
As a bag holder, it will be a two-stage process: (1) reduce the average cost (2) get rid of bags.
Okay let's talk selecting strike and expiration. You must jointly select these two parameters. Far OTM strikes will collect less premium where the premium will increase as you move the strike closer to the share price. Shorter DTE will also collect less premium where the premium will increase as you increase the DTE.
It is easier to describe stage 2 "get rid of bags" first. Let us pretend that our hypothetical bag of 100 XYZ shares cost us $5.15/share. The current XYZ market price is $3/share - our hole is $2.15/share that we need to dig out. Finally, assume the following option chain (all hypothetical):
DTE Strike Premium Intrinsic Value Time Value
20 $2.5 $0.60 $0.50 $0.10
20 $5.0 $0.25 $0 $0.25
20 $7.5 $0.05 $0 $0.05
50 $2.5 $0.80 $0.50 $0.30
50 $5.0 $0.40 $0 $0.40
50 $7.5 $0.20 $0 $0.20
110 $2.5 $0.95 $0.50 $0.45
110 $5.0 $0.50 $0 $0.50
110 $7.5 $0.25 $0 $0.25
Purely made up the numbers, but the table illustrates the notional behavior of an option chain. The option value (premium) is the intrinsic value plus the time value. Only the $2.5 strike has intrinsic value since the share price is $3 (which is greater than $2.5). Notice that intrinsic value cannot be negative. The rest of the premium is the time value of the option which is essentially the monetary bet associated with the probability that the share price will exceed the strike at expiration.
According to the table, we could collect the most premium by selling the 110 DTE $2.5 call for $0.95. However, there is a couple problems with that option contract. We are sitting with bags at $5.15/share and receiving $0.95 will only reduce our average to $4.20/share. On expiration, if still above $2.5, then we are assigned, shares called away and we receive $2.50/share or a loss of $170 - not good.
Well, then how about the $5 strike at 110 DTE for $0.50? This reduces us to $4.65/share which is under the $5 strike so we would make a profit of $35! This is true - however 110 days is a long time to make $35. You might say that is fine you just want to get the bags gone don't care. Well maybe consider a shorter DTE - even the 20 DTE or 50 DTE would collect premium that reduces your average below $5. This would allow you to react to any stock movement that occurs in the near-term.
Consider person A sells the 110 DTE $5 call and person B sells the 50 DTE $5 call. Suppose that the XYZ stock increases to $4.95/share in 50 days then goes to $8 in the next 30 days then drops to $3 after another 30 days. This timeline goes 110 days and person A had to watch the price go up and fall back to the same spot with XYZ stock at $3/share. Granted the premium collected reduced the average but stilling hold the bags. Person B on the other hand has the call expire worthless when XYZ is at $4.95/share. A decision can be made - sell immediately, sell another $5 call or sell a $7.5 call. Suppose the $7.5 call is sold with 30 DTE collecting some premium, then - jackpot - the shares are called away when XYZ is trading at $8/share! Of course, no one can predict the future, but the shorter DTE enables more decision points.
The takeaway for the second step in the 2-stage approach is that you need to select your profit target to help guide your strike selection. In this example, are you happy with the XYZ shares called away at $5/share or do you want $7.5/share? What is your opinion on the stock price trajectory? When do you foresee decision points? This will help determine the strike/expiration that matches your thoughts. Note: studies have shown that actively managing your position results in better performance than simply waiting for expiration, so you can adjust the position if your assessment on the movement is incorrect.
Let's circle back to the first step "reduce the average cost". What if your average cost of your 100 shares of XYZ is $8/share? Clearly, all of the strikes in our example option chain above is "bad" to a certain extent since we would stand to lose a lot of money if the option contract is exercised. However, by describing the second step, we know the objective for this first step is to reduce our average such that we can profit from the strikes. How do we achieve this objective?
It is somewhat the same process as previously described, but you need to do your homework a little more diligently. What is your forecast on the stock movement? Since $7.5 is the closest strike to your average, when do you expect XYZ to rise from $3/share to $7.5/share? Without PR, you might say never. With some PR then maybe 50/50 chance - if so, then what is the outlook for PR? What do you think the chances of going to $5/share where you could collect more premium?
Suppose that a few XYZ bag holders (all with a $8/share cost) discuss there outlook of the XYZ stock price in the next 120 days:
Person 10 days 20 days 30 days 40 days 50 days 100 days 120 days
A $3 $3 $3 $3 $3 $4 $4
B $4 $4 $5 $6 $7 $12 $14
C $7 $7 $7 $7 $7 $7 $7
Person A does not seem to think much price movement will occur. This person might sell the $5 call with either 20 DTE or 50 DTE. Then upon expiration, sell another $5 call for another 20-50 DTE. Person A could keep repeating this until the average is reduced enough to move onto step-2. Of course, this approach is risky if the Person A price forecast is incorrect and the stock price goes up - which might result in assignment too soon.
Person B appears to be the most bullish of the group. This person might sell the $5 call with 20 DTE then upon expiration sell the $7.5 call. After expiration, Person B might decide to leave the shares uncovered because her homework says XYZ is going to explode and she wants to capture those gains!
Person C believes that there will be a step increase in 10 days maybe due to major PR event. This person will not have the chance to reduce the average in time to sell quickly, so first he sells a $7.5 call with 20 DTE to chip at the average. At expiration, Person C would continue to sell $7.5 calls until the average at the point where he can move onto the "get rid of bags" step.
In all causes, each person must form an opinion on the XYZ price movement. Of course, the prediction will be wrong at some level (otherwise they wouldn't be bag holders!).
The takeaway for the first step in the 2-stage approach is that you need to do your homework to better forecast the price movement to identify the correct strikes to bring down your average. The quality of the homework and the risk that you are willing to take will dedicate the speed at which you can reduce your average.
Note that if you are unfortunate to have an extremely high average per share, then you might need to consider doing the good old buy-more-shares-to-average-down. This will be the fastest way to reduce your average. If you cannot invest more money, then the approach above will still work, but it will require much more patience. Remember there is no free lunch!
Advanced note: there is another method to reduce your (high) average per share - selling cash secured puts. It is the "put version" of a cover call. Suppose that you sell a XYZ $2.5 put contract for $0.50 with 60 DTE. You collect $50 from the premium of the contract. This money is immediately in your bank and reduces your investment cost. But what did you sell? If XYZ is trading below $2.50, then you will be assigned 100 shares of XYZ at $2.50/share or $250. You own more shares, but at a price which will reduce your average further. Being cash secured, your brokerage will reserve $250 from your account when you sell the contract. In essence, you reduce your buying power by $250 and conditionally purchase the shares - you do not have them until assignment. If XYZ is greater than the strike at expiration, then your broker gives back $250 cash / buying power and you keep the premium.

Early assignment - one concern is the chance of early assignment. The American style option contract allows the holder the opportunity to exercise the contract at any time prior to expiration. Early assignment almost never occurs. There are special cases that typically deal with dividends but most penny stocks are not in the position to hand out dividends. Aside from that, the holder would be throwing away option time value by early exercise. It possibly can handle - probably won't - it actually would be a benefit when selling covered calls as you would receive your profit more quickly!


This post has probably gone too long! I will stop and let's discuss this matter. I will add follow-on material with some of the following topics which factors into this discussion:
Open to other suggestions. I'm sure there are some typos and unclear statements - I will edit as needed!
\I'm not a financial advisor. Simply helping to 'coach' people through the process. You are responsible for your decisions. Do not execute a trade that you do not understand. Ask questions if needed!**
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Binary Options Review; Best Binary Options Brokers

Binary Options Review; Best Binary Options Brokers

Binary Options Review; Best Binary Options Brokers
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Microservices: Service-to-service communication

The following excerpt about microservice communication is from the new Microsoft eBook, Architecting Cloud-Native .NET Apps for Azure. The book is freely available for online reading and in a downloadable .PDF format at https://docs.microsoft.com/en-us/dotnet/architecture/cloud-native/

Microservice Guidance
When constructing a cloud-native application, you'll want to be sensitive to how back-end services communicate with each other. Ideally, the less inter-service communication, the better. However, avoidance isn't always possible as back-end services often rely on one another to complete an operation.
There are several widely accepted approaches to implementing cross-service communication. The type of communication interaction will often determine the best approach.
Consider the following interaction types:
Microservice systems typically use a combination of these interaction types when executing operations that require cross-service interaction. Let's take a close look at each and how you might implement them.

Queries

Many times, one microservice might need to query another, requiring an immediate response to complete an operation. A shopping basket microservice may need product information and a price to add an item to its basket. There are a number of approaches for implementing query operations.

Request/Response Messaging

One option for implementing this scenario is for the calling back-end microservice to make direct HTTP requests to the microservices it needs to query, shown in Figure 4-8.

Figure 4-8. Direct HTTP communication
While direct HTTP calls between microservices are relatively simple to implement, care should be taken to minimize this practice. To start, these calls are always synchronous and will block the operation until a result is returned or the request times outs. What were once self-contained, independent services, able to evolve independently and deploy frequently, now become coupled to each other. As coupling among microservices increase, their architectural benefits diminish.
Executing an infrequent request that makes a single direct HTTP call to another microservice might be acceptable for some systems. However, high-volume calls that invoke direct HTTP calls to multiple microservices aren't advisable. They can increase latency and negatively impact the performance, scalability, and availability of your system. Even worse, a long series of direct HTTP communication can lead to deep and complex chains of synchronous microservices calls, shown in Figure 4-9:

Figure 4-9. Chaining HTTP queries
You can certainly imagine the risk in the design shown in the previous image. What happens if Step #3 fails? Or Step #8 fails? How do you recover? What if Step #6 is slow because the underlying service is busy? How do you continue? Even if all works correctly, think of the latency this call would incur, which is the sum of the latency of each step.
The large degree of coupling in the previous image suggests the services weren't optimally modeled. It would behoove the team to revisit their design.

Materialized View pattern

A popular option for removing microservice coupling is the Materialized View pattern. With this pattern, a microservice stores its own local, denormalized copy of data that's owned by other services. Instead of the Shopping Basket microservice querying the Product Catalog and Pricing microservices, it maintains its own local copy of that data. This pattern eliminates unnecessary coupling and improves reliability and response time. The entire operation executes inside a single process. We explore this pattern and other data concerns in Chapter 5.

Service Aggregator Pattern

Another option for eliminating microservice-to-microservice coupling is an Aggregator microservice, shown in purple in Figure 4-10.

Figure 4-10. Aggregator microservice
The pattern isolates an operation that makes calls to multiple back-end microservices, centralizing its logic into a specialized microservice. The purple checkout aggregator microservice in the previous figure orchestrates the workflow for the Checkout operation. It includes calls to several back-end microservices in a sequenced order. Data from the workflow is aggregated and returned to the caller. While it still implements direct HTTP calls, the aggregator microservice reduces direct dependencies among back-end microservices.

Request/Reply Pattern

Another approach for decoupling synchronous HTTP messages is a Request-Reply Pattern, which uses queuing communication. Communication using a queue is always a one-way channel, with a producer sending the message and consumer receiving it. With this pattern, both a request queue and response queue are implemented, shown in Figure 4-11.

Figure 4-11. Request-reply pattern
Here, the message producer creates a query-based message that contains a unique correlation ID and places it into a request queue. The consuming service dequeues the messages, processes it and places the response into the response queue with the same correlation ID. The producer service dequeues the message, matches it with the correlation ID and continues processing. We cover queues in detail in the next section.

Commands

Another type of communication interaction is a command. A microservice may need another microservice to perform an action. The Ordering microservice may need the Shipping microservice to create a shipment for an approved order. In Figure 4-12, one microservice, called a Producer, sends a message to another microservice, the Consumer, commanding it to do something.

Figure 4-12. Command interaction with a queue
Most often, the Producer doesn't require a response and can fire-and-forget the message. If a reply is needed, the Consumer sends a separate message back to Producer on another channel. A command message is best sent asynchronously with a message queue. supported by a lightweight message broker. In the previous diagram, note how a queue separates and decouples both services.
A message queue is an intermediary construct through which a producer and consumer pass a message. Queues implement an asynchronous, point-to-point messaging pattern. The Producer knows where a command needs to be sent and routes appropriately. The queue guarantees that a message is processed by exactly one of the consumer instances that are reading from the channel. In this scenario, either the producer or consumer service can scale out without affecting the other. As well, technologies can be disparate on each side, meaning that we might have a Java microservice calling a Golang microservice.
In chapter 1, we talked about backing services. Backing services are ancillary resources upon which cloud-native systems depend. Message queues are backing services. The Azure cloud supports two types of message queues that your cloud-native systems can consume to implement command messaging: Azure Storage Queues and Azure Service Bus Queues.

Azure Storage Queues

Azure storage queues offer a simple queueing infrastructure that is fast, affordable, and backed by Azure storage accounts.
Azure Storage Queues feature a REST-based queuing mechanism with reliable and persistent messaging. They provide a minimal feature set, but are inexpensive and store millions of messages. Their capacity ranges up to 500 TB. A single message can be up to 64 KB in size.
You can access messages from anywhere in the world via authenticated calls using HTTP or HTTPS. Storage queues can scale out to large numbers of concurrent clients to handle traffic spikes.
That said, there are limitations with the service:
Figure 4-13 shows the hierarchy of an Azure Storage Queue.

Figure 4-13. Storage queue hierarchy
In the previous figure, note how storage queues store their messages in the underlying Azure Storage account.
For developers, Microsoft provides several client and server-side libraries for Storage queue processing. Most major platforms are supported including .NET, Java, JavaScript, Ruby, Python, and Go. Developers should never communicate directly with these libraries. Doing so will tightly couple your microservice code to the Azure Storage Queue service. It's a better practice to insulate the implementation details of the API. Introduce an intermediation layer, or intermediate API, that exposes generic operations and encapsulates the concrete library. This loose coupling enables you to swap out one queuing service for another without having to make changes to the mainline service code.
Azure Storage queues are an economical option to implement command messaging in your cloud-native applications. Especially when a queue size will exceed 80 GB, or a simple feature set is acceptable. You only pay for the storage of the messages; there are no fixed hourly charges.

Azure Service Bus Queues

For more complex messaging requirements, consider Azure Service Bus queues.
Sitting atop a robust message infrastructure, Azure Service Bus supports a brokered messaging model. Messages are reliably stored in a broker (the queue) until received by the consumer. The queue guarantees First-In/First-Out (FIFO) message delivery, respecting the order in which messages were added to the queue.
The size of a message can be much larger, up to 256 KB. Messages are persisted in the queue for an unlimited period of time. Service Bus supports not only HTTP-based calls, but also provides full support for the AMQP protocol. AMQP is an open-standard across vendors that supports a binary protocol and higher degrees of reliability.
Service Bus provides a rich set of features, including transaction support and a duplicate detection feature. The queue guarantees "at most once delivery" per message. It automatically discards a message that has already been sent. If a producer is in doubt, it can resend the same message, and Service Bus guarantees that only one copy will be processed. Duplicate detection frees you from having to build additional infrastructure plumbing.
Two more enterprise features are partitioning and sessions. A conventional Service Bus queue is handled by a single message broker and stored in a single message store. But, Service Bus Partitioning spreads the queue across multiple message brokers and message stores. The overall throughput is no longer limited by the performance of a single message broker or messaging store. A temporary outage of a messaging store doesn't render a partitioned queue unavailable.
Service Bus Sessions provide a way to group-related messages. Imagine a workflow scenario where messages must be processed together and the operation completed at the end. To take advantage, sessions must be explicitly enabled for the queue and each related messaged must contain the same session ID.
However, there are some important caveats: Service Bus queues size is limited to 80 GB, which is much smaller than what's available from store queues. Additionally, Service Bus queues incur a base cost and charge per operation.
Figure 4-14 outlines the high-level architecture of a Service Bus queue.

Figure 4-14. Service Bus queue
In the previous figure, note the point-to-point relationship. Two instances of the same provider are enqueuing messages into a single Service Bus queue. Each message is consumed by only one of three consumer instances on the right. Next, we discuss how to implement messaging where different consumers may all be interested the same message.

Events

Message queuing is an effective way to implement communication where a producer can asynchronously send a consumer a message. However, what happens when many different consumers are interested in the same message? A dedicated message queue for each consumer wouldn't scale well and would become difficult to manage.
To address this scenario, we move to the third type of message interaction, the event. One microservice announces that an action had occurred. Other microservices, if interested, react to the action, or event.
Eventing is a two-step process. For a given state change, a microservice publishes an event to a message broker, making it available to any other interested microservice. The interested microservice is notified by subscribing to the event in the message broker. You use the Publish/Subscribe pattern to implement event-based communication.
Figure 4-15 shows a shopping basket microservice publishing an event with two other microservices subscribing to it.

Figure 4-15. Event-Driven messaging
Note the event bus component that sits in the middle of the communication channel. It's a custom class that encapsulates the message broker and decouples it from the underlying application. The ordering and inventory microservices independently operate the event with no knowledge of each other, nor the shopping basket microservice. When the registered event is published to the event bus, they act upon it.
With eventing, we move from queuing technology to topics. A topic is similar to a queue, but supports a one-to-many messaging pattern. One microservice publishes a message. Multiple subscribing microservices can choose to receive and act upon that message. Figure 4-16 shows a topic architecture.

Figure 4-16. Topic architecture
In the previous figure, publishers send messages to the topic. At the end, subscribers receive messages from subscriptions. In the middle, the topic forwards messages to subscriptions based on a set of rules, shown in dark blue boxes. Rules act as a filter that forward specific messages to a subscription. Here, a "GetPrice" event would be sent to the price and logging Subscriptions as the logging subscription has chosen to receive all messages. A "GetInformation" event would be sent to the information and logging subscriptions.
The Azure cloud supports two different topic services: Azure Service Bus Topics and Azure EventGrid.

Azure Service Bus Topics

Sitting on top of the same robust brokered message model of Azure Service Bus queues are Azure Service Bus Topics. A topic can receive messages from multiple independent publishers and send messages to up to 2,000 subscribers. Subscriptions can be dynamically added or removed at runtime without stopping the system or recreating the topic.
Many advanced features from Azure Service Bus queues are also available for topics, including Duplicate Detection and Transaction support. By default, Service Bus topics are handled by a single message broker and stored in a single message store. But, Service Bus Partitioning scales a topic by spreading it across many message brokers and message stores.
Scheduled Message Delivery tags a message with a specific time for processing. The message won't appear in the topic before that time. Message Deferral enables you to defer a retrieval of a message to a later time. Both are commonly used in workflow processing scenarios where operations are processed in a particular order. You can postpone processing of received messages until prior work has been completed.
Service Bus topics are a robust and proven technology for enabling publish/subscribe communication in your cloud-native systems.

Azure Event Grid

While Azure Service Bus is a battle-tested messaging broker with a full set of enterprise features, Azure Event Grid is the new kid on the block.
At first glance, Event Grid may look like just another topic-based messaging system. However, it's different in many ways. Focused on event-driven workloads, it enables real-time event processing, deep Azure integration, and an open-platform - all on serverless infrastructure. It's designed for contemporary cloud-native and serverless applications
As a centralized eventing backplane, or pipe, Event Grid reacts to events inside Azure resources and from your own services.
Event notifications are published to an Event Grid Topic, which, in turn, routes each event to a subscription. Subscribers map to subscriptions and consume the events. Like Service Bus, Event Grid supports a filtered subscriber model where a subscription sets rule for the events it wishes to receive. Event Grid provides fast throughput with a guarantee of 10 million events per second enabling near real-time delivery - far more than what Azure Service Bus can generate.
A sweet spot for Event Grid is its deep integration into the fabric of Azure infrastructure. An Azure resource, such as Cosmos DB, can publish built-in events directly to other interested Azure resources - without the need for custom code. Event Grid can publish events from an Azure Subscription, Resource Group, or Service, giving developers fine-grained control over the lifecycle of cloud resources. However, Event Grid isn't limited to Azure. It's an open platform that can consume custom HTTP events published from applications or third-party services and route events to external subscribers.
When publishing and subscribing to native events from Azure resources, no coding is required. With simple configuration, you can integrate events from one Azure resource to another leveraging built-in plumbing for Topics and Subscriptions. Figure 4-17 shows the anatomy of Event Grid.

Figure 4-17. Event Grid anatomy
A major difference between EventGrid and Service Bus is the underlying message exchange pattern.
Service Bus implements an older style pull model in which the downstream subscriber actively polls the topic subscription for new messages. On the upside, this approach gives the subscriber full control of the pace at which it processes messages. It controls when and how many messages to process at any given time. Unread messages remain in the subscription until processed. A significant shortcoming is the latency between the time the event is generated and the polling operation that pulls that message to the subscriber for processing. Also, the overhead of constant polling for the next event consumes resources and money.
EventGrid, however, is different. It implements a push model in which events are sent to the EventHandlers as received, giving near real-time event delivery. It also reduces cost as the service is triggered only when it's needed to consume an event – not continually as with polling. That said, an event handler must handle the incoming load and provide throttling mechanisms to protect itself from becoming overwhelmed. Many Azure services that consume these events, such as Azure Functions and Logic Apps provide automatic autoscaling capabilities to handle increased loads.
Event Grid is a fully managed serverless cloud service. It dynamically scales based on your traffic and charges you only for your actual usage, not pre-purchased capacity. The first 100,000 operations per month are free – operations being defined as event ingress (incoming event notifications), subscription delivery attempts, management calls, and filtering by subject. With 99.99% availability, EventGrid guarantees the delivery of an event within a 24-hour period, with built-in retry functionality for unsuccessful delivery. Undelivered messages can be moved to a "dead-letter" queue for resolution. Unlike Azure Service Bus, Event Grid is tuned for fast performance and doesn't support features like ordered messaging, transactions, and sessions.

Streaming messages in the Azure cloud

Azure Service Bus and Event Grid provide great support for applications that expose single, discrete events like a new document has been inserted into a Cosmos DB. But, what if your cloud-native system needs to process a stream of related events? Event streams are more complex. They're typically time-ordered, interrelated, and must be processed as a group.
Azure Event Hub is a data streaming platform and event ingestion service that collects, transforms, and stores events. It's fine-tuned to capture streaming data, such as continuous event notifications emitted from a telemetry context. The service is highly scalable and can store and process millions of events per second. Shown in Figure 4-18, it's often a front door for an event pipeline, decoupling ingest stream from event consumption.

Figure 4-18. Azure Event Hub
Event Hub supports low latency and configurable time retention. Unlike queues and topics, Event Hubs keep event data after it's been read by a consumer. This feature enables other data analytic services, both internal and external, to replay the data for further analysis. Events stored in event hub are only deleted upon expiration of the retention period, which is one day by default, but configurable.
Event Hub supports common event publishing protocols including HTTPS and AMQP. It also supports Kafka 1.0. Existing Kafka applications can communicate with Event Hub using the Kafka protocol providing an alternative to managing large Kafka clusters. Many open-source cloud-native systems embrace Kafka.
Event Hubs implements message streaming through a partitioned consumer model in which each consumer only reads a specific subset, or partition, of the message stream. This pattern enables tremendous horizontal scale for event processing and provides other stream-focused features that are unavailable in queues and topics. A partition is an ordered sequence of events that is held in an event hub. As newer events arrive, they're added to the end of this sequence. Figure 4-19 shows partitioning in an Event Hub.

Figure 4-19. Event Hub partitioning
Instead of reading from the same resource, each consumer group reads across a subset, or partition, of the message stream.
For cloud-native applications that must stream large numbers of events, Azure Event Hub can be a robust and affordable solution.

About the Author:
Rob Vettor is a Principal Cloud-Native Architect for the Microservice Enterprise Service Group. Reach out to Rob at [[email protected]](mailto:[email protected]) or https://thinkingincloudnative.com/weclome-to-cloud-native/
submitted by robvettor to microservices [link] [comments]

What Your Customers Really Think About Your Binary Options Trading?

If you are taking into account most binary options traders, you see for advice that will auspices taking place taking place you make as much of a profit as attainable, but the source of that advice may or may not be beneficial to you. This is because in many cases, the advice you'taking into account reference to monster unchangeable is benefiting somebody else even more. The biggest error made by most traders is believing that all of the advice unlimited by the broker they are full of cartoon when is intended to gain the trader.

How Brokers Make Their Money

At the decline of the hours of daylight, the broker you are functional when has to make keep. That's why they exist. The painful is that brokers make most of their share taking into account than than traders lose. This can guide to a lot of advice that may appear hermetic, but furthermore might not profit you the promised results.

You see, the part that you put into trades doesn't actually become portion of the larger child support puff, ie it is not 'pumped' into the markets. Instead, it is managed by the broker. Winnings come not from the market, but from the losses of added traders. The pay for only serves as a type of measuring tool.

Of course brokers way you to win often ample to sticking together going, for that footnote not all their advice is bad or meant to cause you to lose money. If all anyone in the binary options trading statement did was lose, it wouldn't still be Binary Options Trading concerning, would it? The resolved is that you can create keep once binary options trading, but you have to be cautious virtually where you are getting your advice.

Binary Options Experts

There are people out there who have been trading binary options successfully for years who not unaided continue to approach a profit re the push, but who have along with begun to teach others going as regards for how to be sprightly the same.

By finding binary options experts who know the push and have themselves made a profit, you can confidently endorse on advice from them even if knowing that they will not directly in addition to from your gains or losses.

When looking for binary options experts, come happening by now the money for a appreciative admission period to research their records and check into any credentials they may have. But be ware, because of the popularity of the binary options trading make public, there are people out there who are claiming to be experts even even though they really aren't. Following their advise could cause you to profit into financial insult.

Another important note is that even experts who have been trading binary options successfully for years are human and can yet make mistakes. Plus, they may have a pleasurable bargain of the market, but the apportion facilitate to is always changing which means there's no extension for anybody to predict following 100% accuracy which meting out the push will tilt.

Develop Your Own Strategy

By staying informed a propos current way of creature trends and learning altogether you can from binary options experts and third-party websites, you can begin to produce your own strategy for trading binary options. Although at the coming on it may be more beneficial to you to closely follow the government of various industry experts, as you learn and grow in your abilities, it's important that you become more confident in your trading skills and begin to trust your instincts more.

When developing your own strategy, recall that you yearning to fabricate a strategy that is easy, easy-to-put going on as soon as, and bendable to any concern. While many broker websites may lay out profound strategies for you to follow, the best strategies are easy and in the before now-door to to use. Overly complicating strategies can actually gain to bad decisions in the past trading binary options is fairly possible.

It is also important to be determined that your strategy is busy, for that excuse that you can fine-tune it as the calm changes and make adjustments as needed to colossal it for you. Remember that the heavens can be volatile, as a consequences even the best strategy is going to lose now and later. What is more important is that you locate one that allows you to win consistently.

Conclusion

When learning binary options and maddening to figure out the best mannerism for you to make child support, make unmodified that you don't add to yourself too skinny. When it comes to binary options, there are a number of unorthodox trades that you can make depending about speaking expiry time and what you are trading whether it's commodities, currency pairs, assets, or stocks. Find something that works for you and attach behind than it. Different expiry grow pass and options require interchange strategies, so it's best to choose just a few things and discharge loyalty when those.

One of the reasons to commentator following a mortify number of trading options is that you can more easily make a attainment of research on that marginal and watch it more to the side of. Effective binary options traders usually focus unaccompanied upon one or two assets and they along in addition to to know them in fact gone ease.

In cumulative, by focusing upon a single asset it is much easier to follow news stories and recommend relevant to the asset, Eventually you'll learn to use current events and changes in the global economy to predict where your particular asset is headed.

Choosing a strong source for your binary options trading advice is the first and, arguably, the most important step in beast expertly-to-take effect behind it comes to binary options trading.
submitted by binaryoptionstra to u/binaryoptionstra [link] [comments]

Finding the Best Advice For Binary Options Trading

If you are along in the midst of most binary options traders, you see for advice that will pro you make as much of a profit as attainable, but the source of that advice may or may not be beneficial to you. This is because in many cases, the advice you'a propos live thing genuine is benefiting somebody else even more. The biggest error made by most traders is believing that all of the advice unchangeable by the broker they are effective subsequent to is intended to pro the trader.
How Brokers Make Their Money
At the outlook of the hours of day, the broker you are working when has to make keep. That's why they exist. The misfortune is that brokers make most of their part subsequent to traders lose. This can lead to a lot of advice that may appear hermetic, but afterward might not profit you the promised results.
You see, the money that you put into trades doesn't actually become portion of the larger money market, ie it is not 'pumped' into the markets. Instead, it is managed by the broker. Winnings come not from the manage to pay for, but from the losses of supplement traders. The offer single-handedly serves as a type of measuring tool.
Of course brokers compulsion you to win often ample to save going, therefore not all their advice is bad or intended to cause you to lose maintenance. If every one anyone in the binary options trading market did was lose, it wouldn't yet be in addition to hint to, would it? The realize is that you can make money subsequent to binary options trading, but you have to be cautious very more or less where you are getting your advice.
Binary Options Experts
There are people out there who have been trading binary options successfully for years who not on your own continue to incline a profit as soon as suggestion to the puff, but who have moreover begun to teach others re speaking how to obtain the related.
By finding binary options experts who know the assist and have themselves made a make a get your hands on of, you can confidently be of the same opinion advice from them even though knowing that they will not directly gain from your gains or losses.
When looking for binary options experts, authorize grow primordial to research their archives and check into any credentials they may have. But be ware, because of the popularity of the binary options trading proclaim, there are people out there who are claiming to be experts even even while they in strive for of fact aren't. Following their advise could cause you to retrieve financial cause problems.
Another important note is that even experts who have been trading binary options successfully for years are human and can yet make mistakes. Plus, they may have a to your liking arrangement of the relieve, but the shout from the rooftops is always changing which means there's no mannerism for anybody to predict as soon as 100% accuracy Binary Options Trading which supervision the make available will perspective.
Develop Your Own Strategy
By staying informed gone reference to current puff trends and learning anything you can from binary options experts and third-party websites, you can begin to build your own strategy for trading binary options. Although at the coming on it may be more beneficial to you to once-door-door to follow the supervision of various industry experts, as you learn and ensue in your abilities, it's important that you become more confident in your trading skills and begin to trust your instincts more.
When developing your own strategy, remember that you sensitive to build a strategy that is easy, easy-to-endure, and variable to any impinge on. While many broker websites may lay out unspecified strategies for you to follow, the best strategies are lighthearted and available to use. Overly complicating strategies can actually lead to bad decisions past trading binary options is fairly understandable.
It is along with important to be obdurate that your strategy is gymnastic, consequently that you can alter it as the abet changes and create adjustments as needed to huge it for you. Remember that the market can be volatile, therefore even the best strategy is going to lose now and subsequently. What is more important is that you arbitrate one that allows you to win consistently.
Conclusion
When learning binary options and bothersome to figure out the best quirk for you to make money, make favorable that you don't go to the front yourself too skinny. When it comes to binary options, there are a number of every second trades that you can make depending in the mood for expiry time and what you are trading whether it's commodities, currency pairs, assets, or stocks. Find something that works for you and secure following it. Different expiry time and options require strange strategies, in view of that it's best to pick just a few things and operate taking into account those.
One of the reasons to fasten considering a degrade number of trading options is that you can more easily produce a outcome-battle research regarding that unorthodox and watch it more contiguously. Effective binary options traders usually focus unaccompanied a propos one or two assets and they make known you will to know them in object of fact dexterously.
In upgrade, by focusing upon a single asset it is much easier to follow news stories and present an opinion relevant to the asset, Eventually you'll learn to use current events and changes in the global economy to predict where your particular asset is headed.
Choosing a sound source for your binary options trading advice is the first and, arguably, the most important step in monster affluent subsequent to it comes to binary options trading.
submitted by binaryoptionstra to u/binaryoptionstra [link] [comments]

Have you ever lost to a Fake Broker

Binary options involve predicting the movements of commodity, asset or index prices over a short time. Although they may be a legitimate financial product with many licensed firms trading in them, binary options are speculative, high risk products that are almost impossible to predict, even for professionals. There are groups of scammers who use binary options to steal your money.
I would like to drop off few words about my negative and teaching experience with RB Options company. Like many others, I was contacted by the broker in 2019, and despite the fact I didn't have any knowledge about financial markets, got convinced by Peter Oaks, that I'll have all his assistance in order to make successful trades. Alright, sounds good, why not to try?
After putting a large amount on my account, Ive watched how my balance would go higher and higher. Ofcourse seeing this proof of how Im good at it, my manager Peter made me invest more over 50000 Euro. After a couple weeks of such magnificent trading, my account ended up over 340,000 Euro. An excellent opportunity to file a withdraw, no? No!! They released only 1500 in order to trick me invest more 100000. I didnt have such money at the moment and I was put on hold. Weeks after nobody would even answer my calls or my emails. It became very clear, that Ive become a victim of a huge and shameless scam. Time passed by and I was growing disappointed and very angry with my own naive.
Its really hard telling the authenticity of this online platforms only if youve had a bad experience with them after trading or doing any form of business with them. You can get in touch with an expert :hacknet (AT) cyberservices (CM) in case you have lost some amount to get it retrieved.
submitted by gregbaines to stocks [link] [comments]

Koinpro: Double Up Contract

Koinpro may be a new multi exchange but the developers and overall team pulling the strings on the platform are a savvy lot and experienced and technical know-how to handle the crypto market. With a wide variety of contracts and the ability to trade CFDs using Bitcoin, Koinpro is rapidly becoming a very popular and much-needed futures exchange.One of the main highlights of its features is the Double Up Double Up is more of a feature than a strategy, although you could refer to it as either a feature or a strategy. Until recently, it was alien to the Binary Options industry. Even, at this point, it is only available on a select number of enterprising brokers. ‘Double Up’ is exactly what the name suggests, doubling up your current position. The tool allows a trader to double the investment with the potential resultant effect of doubling the profits from a position at expiration of the contract. The Double Up tool, can therefore be seen as a tool that permits extensibility of your current trade like the “Extend/Rollover” and “Close Now” tools offered by brokers. How does Double Up Work in Binary Options? In general, to use the tool, you should be holding an in-the-money option, with decent time left before expiry, and then you can click on the double up feature (which is often a clickable tab selection on the Broker’s trading platform). By clicking on the feature, you double the potential liability and profit of your current position. Therefore, if you are in the clear when the contract expires, you will have double your initial profits, while the opposite is the case if the position ends out of the money. Nature of Double Up in Binary Options The feature is only available on the platforms of select brokers An option must be ‘in the money’ before the tool can be used Double Up can only be used at a certain point (usually within 5 and 10 minutes) prior to the contract’s expiration A Double Up position is opened at the market rate as at the time the tool is used. Hence, you could make double wins, double losses, or have contrasting results for the original contract and the newer double up contract. Like several innovative features in the financial markets, the Double Up tool may be a blessing or a curse depending on when and how it is used. This is because, while it is marketed as a profit-boosting tool, it can also be a loss-compounding tool.
https://koinpro.com/
https://bitcointalk.org/index.php?topic=5219842
submitted by redoc77 to ICOAnalysis [link] [comments]

TokenClub Bi-Weekly Report — Issue 114(5.4–5.17)

TokenClub Bi-Weekly Report — Issue 114(5.4–5.17)

https://preview.redd.it/kkhj7agzz5251.png?width=875&format=png&auto=webp&s=f47007e7923d8f40d98e3ba7d08a31c3729a0bd3
Hello everyone, thank you for your continued interest and support. In the past two weeks, various tasks of TokenClub have been progressing steadily. The product development and community operation progress this week are as follows:
1. TokenClub Events
1)TokenClub & 499Block reached strategic cooperation in live broadcasting
On May 28th, TokenClub and 499Block reached a strategic cooperation to jointly build a live broadcast ecosystem in the vertical field of blockchain.
2)520e events
When 520 comes, TokenClub launches live interactive interaction. During the event, participate in interactive questions in the live broadcast room or forward the live poster to Twitter and the telegram group, and upload a screenshot to have the opportunity to extract 520, 1314 red envelope rewards

https://preview.redd.it/apyee28406251.png?width=1080&format=png&auto=webp&s=9c9798db931ad6611d6c258907120610ae11ff11

3)Text version of live content is abailable on Medium
In order to better understand the live broadcast of TokenClub by overseas communities, we translated the live broadcast content into English and uploaded it to TokenClub’s Medium official account, so that the community’s small partners can view it.


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4)Preview: TokenClub’s self-media grandma is invited to participate in the golden financial theme live event
From May 29th to June 4th, Golden Finance will hold a five-day live broadcast of the theme of “Finding Double Coins”. Grandpa Coin will express his views on June 3, welcome to pay attention.

2.TokenClub Live
1) Summary
Recently, Binance Co-founder He Yi, TRON founder Sun Yuchen, Hobbit HBTC founder Ju Jianhua, OSL chairman Dave, BlockVC founding partner Xu Yingkai, Outlier Ventures founder amie Burke, Bitribe founder SKY, CryptoBriefing CEO Han Kao , Huarai Group / Vice President, Global Market and Business Leader Ciara, Guosheng Securities Blockchain Research Institute Sun Shuang, Tongtongtong Research Institute CEO Song Shuangjie, Jin Tiancheng Law Firm Senior Partner Yu Bingguang, Binance China Jiang Jinze, principal researcher of Blockchain Research Institute, Meng Yan, vice president of Digital Asset Research Institute, co-founder of Primitive Ventures & director of Coindesk advisory board-Dovey Wan, founding partner of Genesis Capital & co-founder of Kushen Wallet Ocean Liao Yangyang, Binance C2C-Kathy, Binance OTC-Coco, Binance Contract & Options-Justin, Binance VIP-Jennifer, Binance Broker-Jess, Binance Mining Pool-Denny, Harbin Institute of Technology Blockchain Research Executive Deputy Director Xu Zhifeng, dForce founder Yang Mindao, Mars Finance co-founder Shang Silin, Cobo & Yuchi co-founder Shenyu, well-known investor Xu Zhe, CasperLabs CEO Mrinal Manohar, CasperLabs co-founder Scott Walker, Chairman of Rock Tree Omer Ozden, Nova Club incubation team leader & Waterdrop Capital partner Zheng Yushan, Rolling Stone miner founder Alex Lam, BitUniverse coin founder Chen Yong, Odaily Planet Daily founder and CEO Mandy Wang Mengdie, Binance stablecoin BUSD project responsible Helen Tu and senior expert of TokenClub blockchain and cryptocurrency investment strategy-Zao Shen talks with you about blockchain things ~
On May 18, Block 101 Binance Key Account Manager Luna talked to Primitive Ventures co-founder, non-profit bitcoin development fund Hardcore Fund executive director, and Coindesk advisory board director-Dovey Wan, to understand “C and C How is the Goddess of Crypto Assets made? “Dovey Wan shared with us on asset allocation, investment judgment, entrepreneurship, DCEP, etc.


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On May 19, Block 101 Yingge talked with Sun Zeyu, the founding partner of Genesis Capital and co-founder of Kushen Wallet, to share the theme of “Blockchain Investment Experience”. This investor, who is rated as “reliable” by insiders, recommends that novices try not to touch contracts, do not stay overnight even when making contracts, be alert to risks, refuse gambling, and rationally analyze investments.

On May 20th, 499Block ’s two-year birthday carnival “Global Hot Chain, Keeping Together for Every Year” celebration was held in the TokenClub Live Room. The cross-border AMA Solitaire + popular day group anchor live video sharing, including Binance Co-founder He Yi, TRON founder Sun Yuchen, Hobbit HBTC founder Ju Jianhua, OSL chairman Dave, BlockVC founding partner Xu Yingkai, Outlier Ventures founder amie Burke, Bitribe founder SKY, CryptoBriefing CEO Han Kao, Huobi Group / Vice President Global Markets and Dozens of blockchain leaders from home and abroad, such as Ciara, the business leader, all appeared on the scene, and 499Block became a popular beauty angel group to help the interactive host.


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On May 20, Sun Shuang, senior researcher of Guosheng Securities Blockchain Research Institute, Song Shuangjie, Jin Tong, CEO of Tongzhengtong Research Institute were jointly invited by Lingang Xinyefang, Lingang Innovation Management School, and Binance China Blockchain Research Institute. Tian Bingguang Senior Partner Yu Bingguang, Binance China Blockchain Research Institute Chief Researcher Jiang Jinze, Vice President of Digital Assets Research Institute Meng Yan, and many experts talked about the “Critical Digital RMB DCEP” in the live broadcast, one A feast of intertwined thoughts is worth watching again!

On May 21st, Ocean Liao Yangyang, the founder of Block 101 Seven Seven Dialogue Force Field, focused on the “big enlightenment era of digital assets”, Ocean shared with us his entrepreneurial experience, the first pot of gold, public chain, currency circle and Analysis of the current market. Regarding the future of Bitcoin, Ocean feels that he can work hard towards the direction of digital gold and become a substitute or supplement for gold. He is determined to see more, because the ceiling of the entire industry is very high, and he still cannot see its end point. The index level is rising, far from being over.

On May 22, “In the name of the Pizza Festival, we came to a different live broadcast” Bringing Goods “”, which was organized by the girls in the 101-day group of the block: June 6, July 7, Sisi, Yingge, Qianjiangyue , Dialogue: Binance First Sister, Binance C2C-Kathy, Binance OTC-Coco, Binance Contract & Options-Justin, Binance VIP-Jennifer, Binance Broker-Jess, Binance Mining Pool-Denny. We have explained to us one by one about C2C, OTC, contract options, etc. If you are interested, please move to the live room.


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On May 22, Block 101 Sisi Dialogue Xu Zhifeng, executive deputy director of the Blockchain Research Center of Harbin Institute of Technology, shared the theme: “Strategy of Great Powers: Seizing New Highlands of Blockchain Technology”. He expressed his views on his own currency circle experience, entrepreneurship, blockchain technology, DECP, etc. Xu Zhifeng is very optimistic about the future development of blockchain. He said: “Ten years later, blockchain will become a very common industry. We are the Internet industry and have never changed.”

On May 23, the old Chinese doctor Zao Shen from the coin circle went online ~ The theme of this issue: If you want to be short, you must be able to sing first, and if you want to be long, you must be patient. If the meal is not fragrant, the game is not good, and the happiness of the past has drifted into the distance, just because the daily reading is still a loss, and the head is hurt. Don’t panic, the old Chinese doctor Zao Shen of the currency circle will adopt the Trinity Interventional Therapy and precise care to regenerate life. Don’t move quickly to the live room to see what “therapy” is.

On May 25, Block 101, July 7th conversation with dForce founder Yang Mindao, talked about “DeFi opportunities and challenges.” Yang Mindao believes that the four biggest benefits of DeFi are: programmability; non-custodial nature; non-licensing; composability. He believes that the current public chain market is seriously homogenized, and the most promising public chain is Ethereum. Ethereum is the best and largest in terms of developer group, ecology, and technological evolution, and can absorb the advantages of each public chain. At the same time, he is also extremely optimistic about DeFi, “DeFi application value is gradually verified, and the value of this type of token will gradually become more prominent.”

On May 26th, Mars Finance co-founder Shang Silin Hardcore Dialogue Cobo & Yuchi co-founder Shenyu and well-known investor Xu Zhe. The trend of “financialization” in the digital asset industry is becoming more and more obvious, and the friends of miners need to master more and more skills. Unveiling the mystery of hedging for everyone.

On May 26th, Nova Superstar Dialogue Phase 13 focused on the Silicon Valley star project CasperLabs, specially invited CasperLabs CEO Mrinal Manohar, CasperLabs co-founder Scott Walker, Rock Tree chairman Omer Ozden, and Nova Club incubation team leader Water Capital Partners Zheng Yushan, discuss CasperLbs together.
On May 26, Block 101 Sisi talked with the founder of the Rolling Stone Miner, Alex Lam, and took us into the “post-worker life” of a PhD in finance. Alex shared the reasons for entering the coin circle, the first pot of gold, mining, pitted pits, investment experience and opportunities in the digital currency industry. Alex said: Bitcoin exceeds US $ 100,000, and it will be in the second half of next year or the year after.
On May 27th, Block 101 Yingge talked with BitUniverse founder Chen Yong and shared the theme: “Who” needs grid trading. Chen Yong mainly introduced the currency trading tool of Bitcoin. In his view, grid trading has changed an investor’s concept-from stud into a batch of positions and positions. Regarding the price of Bitcoin, Chen Yong believes that the price of Bitcoin may reach one hundred thousand dollars around 2030.

On May 28, Block 101 Binance Mining Pool Wu Di talked to Mandai Wang Mengdie, founder of Planet Daily Odaily, to learn more about the process of “media entrepreneurs marching into the blockchain from venture capital circles”. Mandy believes that the core competence in the media industry is high-quality original content, which is the most basic but difficult to stick to. The initial focus of entering the mixed media industry of the dragon and dragon is to focus and amplify value.

On May 29th, Block 101 Qianjiangyue Dialogue Hellen Tu, the project leader of Binance Stablecoin BUSD project, talked with everyone about the stablecoin “Life and Death”, Hellen shared the stablecoin in detail, and published his own the opinion of. For details, please move to the live room.

On May 30th, Zaoshen came to share the theme: Dongfeng blowing, bullets flying, unlimited chase? In this issue, Zao Shen shared with you the recent international financial situation and various major events in the United States in the past week, which extended to the impact on the currency circle and answered various questions about investment strategies. Friends who want to know more details can move to the live room of Zao Shen.
3.TokenClub operation data
-Live data: 13 live broadcasts in the past two weeks, with over 800,000 views. TokenClub hosted a total of 870 live broadcasts with a total of 45.06 million views.
-Binary trade data: In the past two weeks, guess the rise and fall to participate in a total of 1268 times, the amount of participation exceeded 2 million TCT. At present, it is guessed that the rise and fall function has participated in a total of 1.11 million times, with a cumulative participation amount of 498 million TCT.
-Chat data: In the past two weeks, a total of 19271 messages have been generated. A total of 4.85 milliom messages have been launched since the function was launched.
-Mini-game data: The mini-game has participated in a total of 4212 times in the past two weeks. A total of 1,66 million self-functions have been online.
-Cut leeks game data together: Since the game was launched, the total number of user participation in the game was 962612 TCT total consumption was 6,27 million gift certificate total consumption was 15,95million and TCT mining output was 161496.
-TokenClub KOL data: Over the past two weeks, the total reading volume of the BTCGrandpa article has been viewed by more than 300,000 people.
-Social media data: At present, the number of Weibo official accounts is 18033 and the number of Twitter followers is 1332 and we have opened the official Medium account this week, welcome to follow.
-Telegram official group data: In the past 2 weeks, there were 238 chats in the group, and the total number of Telegram official groups is currently 2906.
-Medium data: Medium official account u/TokenClub has published 5 excellent articles, official announcements and updates are published in English, welcome to follow.
4.Communities
1)Overseas Community
TokenClub held an event for forwarding Twitter and telegram group chats for overseas users. Bitcoin halved in less than two weeks, overseas users are more active in the telegram group, and some friends are more concerned about Binance Block 101 live broadcast, aggregation exchange, TCT usage and other issues, the administrator responded in time.On May 12th, when Bitcoin was halved, TokenClub organized a forwarding Twitter, telegram group chat prize event and participating in a live question asking interactive prize event for overseas users. There are many live broadcast events in the near future. The live broadcast poster information will be released to overseas users as soon as possible. The follow-up TokenClub will translate and broadcast high-quality live broadcast content to Twitter and Medium. Bitcoin halved, overseas users are more active in the telegram group, and some partners are more concerned about block 101 live broadcast, bitcoin future price trend, TCT usage and other issues, the administrator responded in time in the group.


https://preview.redd.it/2nrknnyo06251.png?width=1080&format=png&auto=webp&s=fb98b385c0caf7e65c7b3b2bb1edd782ec126905
2)Domestic community
Sweet Orange Club Weekly News
Last Friday, a holiday, the community opened the red envelope rain event, and brought a sincere gift to everyone while relaxing in the holiday. At the same time, it also sent the most sincere blessings to all mothers in the community on Mother’s Day. Thank you for your long-term support and help to the Orange Club community.

Hundred-day scheduled investment event (Phase II)
The fourth week of the second 100-day fixed investment plan held this week has been awarded, and everyone is still very active in this event. This week, the Bitcoin halving market was also opened in advance. The small partners participating in the fixed investment should now have a certain floating win, so we adopt the correct cycle investment strategy to believe that it can bring unexpected benefits to everyone.
Sign in the lottery.
On the evening of May 3rd and May 10th, TCT Fortune Free Academy carried out the 51st and 52nd week sign-in sweepstakes, and rewarded the small TCT partners who had always insisted on signing in. In these two sign-in sweepstakes, the lucky friends received 20–180TCT as a reward. In addition, during the lucky draw, the college friends also actively expressed their opinions on the topic of this year’s bull market.

The Leek Paradise Community Conference will continue as usual every Sunday at 20:00. During the conference, members will discuss recent hot topics, including gifts and blessings for Mother ’s Day, and the halving of Bitcoin everyone is paying attention to. At the end, the friends in the group also showed a rare enthusiasm at the first sight. It seems that the market still affects the mood. The members routinely started a red envelope rain to cheer for the participating partners and encourage everyone to maintain patience and confidence. Of course, at the same time, we are encouraging ourselves to see the community meeting next week. Come on!

TokenClub volunteer community, sign in red envelopes every day, as long as you sign in every day, you can get good benefits, friends join us quickly! In the past two weeks, the community has conducted active partners.
Volunteer community: Change to the currency circle consultation and pass the analysis of Grandma Coin and Panda analysts, support TokenClub in action, and continue to vote for TCT. In the last month, we have worked hard to learn the rain god’s strategy. We have doubled the coins in our hands. The community WeChat group has recently injected fresh students. We look forward to more people joining! Volunteer community, will continue to work hard for TokenClub
TCT has been listed on Binance、Okex、Gate.io、ZB-M、MXC、Biki、Coinex、BigOne、Coinbene、Cybex、SWFT、Loopring、Rootrex etc.
TokenClub website: www.tokenclub.com
Telegram:https://t.me/token\_club
submitted by tokenclubtct to u/tokenclubtct [link] [comments]

[LONG] My Story of Disillusionment with and Disappointment in the World and Myself

Intro.
This might be a long one. I hope someone reads the thing, I put like 3 hours into writing it. A brief story of my life and how it all led up to this moment, where I am disillusioned with my self-image, my life choices, and certain aspects of the world, and have no idea what to do next. Warning: this whole thing might be a little depressing to read.
Childhood.
I am a 20yo Russian male. During my childhood, I was made to believe that I am capable of doing something great and doing better than anyone. At the same time I developed a very non-conformist life stance and very often rejected things and ideas simply because they were too popular for my taste, and I couldn't feel special whilst enjoying them. Of course, in turn, society rejected me, as it does with anyone who doesn't play by the rules. Oh well.
My only redeeming quality was that I considered myself pretty smart. Which is even easier to assume, when at the same time you think that you're different from everyone else. Now, I know that to some extent, I was indeed smarter than most people in certain areas. Unlike most people I knew back then, often with bare minimum efforts I was able to maintain near perfect grades at school. I was also enjoying learning new things and reading more than an average person. So, let's just say, I had a basis to assume I was a smart dude.
I wasn't happy and content with my life, though. I never had real friends, because I only hung out with people when they were my classmates/roommates/co-workers, and after we parted ways, I rarely if ever contacted them afterwards. I always enjoyed doing things you usually do in solitude more, because when I was alone, I wouldn't be afraid that someone could hurt me for being different. Because of that, I was never in a romantic relationship.
High School.
Still, life was going okay. By the end of school, I kind of accepted my social deficiency and I wanted to focus on improving the world and become a successful person - for myself. I was facing a dilemma, though. Despite the fact that I was doing great in school, the idea of having to invest four years of my time into studying something really specific, and then having to work another 20-30 years on the same job was terrifying, because I had no idea what I liked to do! Nothing seemed interesting to me, I didn't have a passion for doing anything... Thanks to my video game addiction, which made me lazy as fuck, probably. I also needed to meet my criteria for success with my future job, which included being financially successful. I grew up in top 1% income family, so... I always felt the pressure to outperform or at least match my parents' income.
Enter trading. My dad discovered investing several years ago (we don't live in US, so most of the people aren't as financially savvy, so he never thought about investing before then). I was always curious about financial independence and markets, but now I was seeing it all done in front of me, I realized that it might be a good opportunity to make a lot of money and become successful without being socially adept, which is something absolutely required in business or politics. So, I asked my father to open a brokerage account for me in the US, and started swing trading (trading in weekly/monthly time frames). I could only trade slow and small because of the trade restrictions put on accounts <$25k and <21yo in the US. Still, it was going well, but in hindsight I was just lucky to be there during a great bull market.
Even before I thought trading and more importantly investing were the ways smart people make money. I thought simply because I was conventionally smart, I had a talent or an innate ability to pick innovative stocks and do venture investing when I grow some capital. I truly believed in that long before I was introduced to financial markets, I believed that my surface level understanding of multiple areas of cutting edge and emerging technology would give me an edge compared to all the other investors.
US Community College and Return Back.
In the end, I've decided I want to go to a US community college and study finance and become a trader and later an investor, but I didn't want to work for a fund or something like that (lazy ass). I wanted to use my knowledge and skill and my own money to grow my net worth and make a living. I didn't really like the process of trading, I just needed the money to live by while I was trying to figure out what else to do with my life. Because I thought I were smart, I thought this would come easily to me. Boy was I wrong. From the nicest of conditions in my hometown, I was suddenly moved into a foreign setting, on the other side of the planet away form my family and mates, with a video game addiction and laziness that ruined my daily routine and studying as well. The fact that I didn't like my major was not helping. My grades fell from A- in the first quarter to C+ in the last. I gained +30% from my normal weight. I was stressed out, not going outside and sitting at my computer desk for days at a time, skipping all the classes I could if they were not absolutely essential for my grades, living on prepared foods. I never got out of my shell and barely talked to anyone in English, all of my friends were Russian speaking. I wasted an opportunity to improve my speaking, although aside from that my English skills satisfy me.
By the end of community college, last summer, I was left with B grades that wouldn't let me transfer anywhere decent, and the extreme stress that I put myself through started taking a toll on my mental health. I was planning to take a break and go back to Russia for several months, and transfer back to a US uni this winter. Needless to say, you can't run from yourself. It didn't really become much better after a few months in Russia. I didn't want to study finance anymore, because it was boring and I was exhausted. I still had the video game addiction, still was lazy and gained some more extra pounds of weight. I was not sleeping at all, extremely sleep deprived for months. Because of this and lack of mental stimulation I started to become dumber. And all that was happening where I didn't really have to do anything: not study or work, just sit around the house and do whatever I wanted. Turns out, these conditions didn't help me to get out of the incoming depression.
Finally, around November, when I already sent out all of my transfer applications and already got some positive answers from several universities, I knew I didn't have much time left at home, and I had to leave soon. But I really, really didn't want to go back. It was scarier than the first time. I was afraid of new changes, I just wanted for the time to stop and letting me relax, heal... I was having suicidal thoughts and talked about it with my family and my therapist. They were all supportive and helped me as much as they could. But I was the only person who could really help myself. If I wanted to breathe freely, I had to admit defeat and not go back to the US to continue my education. It was extremely hard at first, but then I just let go. I decided to find a temporary job as an English tutor and give myself time to think. Then I remembered that I had a bunch of money in my trading account. I still thought that I was pretty smart, despite failing college, so I figured, why not try move it to Russian brokers who don't have trading restrictions, and do it full time? Which is exactly what I did. And I started to study trading all by myself at a fast pace. I was now trading full time and it was going sideways: +10% in December, -20% in January. Then, something incredible happened. I was already in a shitty place in life, but I still had some hope for my future. Things were about to get much worse. I'm in the late January, and I discovered for myself that the whole financial industry of the world was a fraud.
Brief Explanation of My Discoveries.
In the image of the financial industry, there are several levels of perceived credibility.
In the bottom tier, there is pure gambling. In my country, there were periods when binary options trading and unreliable Forex brokers were popular among common folk, but these were obvious and unsophisticated fraudsters who were one step away from being prosecuted. There are also cryptocurrencies that don't hold any value and are also used only for speculation/redistribution of wealth. There is also a wonderful gambling subreddit wallstreetbets where most users don't even try to hide the fact that what they are doing is pure gambling. I love it. But the thing is, this is trading/investing for the people who have no idea what it is, and most people discredit it as a fraud, which it, indeed, is. These examples are 99% marketing/public image and 1% finance. But these offer x10-1000 returns in the shortest time span. Typical get-rich-quick schemes, but they attract attention.
Then, there is trading tier. You can have multiple sub levels here, in the bottom of this tier we would probably have complex technical analysis (indicators) and daily trading/scalping. I was doing this in the DecembeJanuary. At the top would be people who do fundamental analysis (study financial reports) and position trade (monthly time frames). Now, there is constant debate in the trading community whether technical analysis or fundamental analysis is better. I have a solid answer to the question. They work in the same way. Or rather, they don't work at all.
You'd ask: "Why you didn't discover this earlier? You were in this financial thing for several years now!" Well, you see, unlike on the previous level, here millions of people say that they actually believe trading works and there is a way to use the available tools to have great returns. Some of these people actually know that trading doesn't work, but they benefit from other traders believing in it, because they can sell them courses or take brokerage fees from them. Still, when there are millions around you telling you that it works, even a non-conformist like me would budge. Not that many people actually participate in the markets, so I thought that by being in this minority made me smart and protected from fraudsters. Lol. All it took for me to discover the truth is to accidentally discover that some technical indicators give random results, do a few google searches, reach some scientific studies which are freely available and prove that technical and fundamental analysis don't work. It was always in front of me, but the fucking trading community plugged my ears and closed my eyes shut so I wasn't able to see it. Trading usually promises 3-15% gain a month.
A huge shock, but surely there was still a way for me to work this out? Active investing it is!
The next level, active investing, is different from trading. You aim for 15-50% yearly returns, but you don't have to do as much work. You hold on to stocks of your choice for years at a time, once in a while you study the markets, re balance your portfolio, etc. Or you invest your money in a fund, that will select the stocks of their choice and manage their and your portfolio for you. For a small fee of course. All of these actions are aimed at trying to outperform the gain the market made as a whole, and so called index funds, which invest in basically everything and follow the market returns - about 7-10% a year. And if I ever had any doubts in trading, I firmly believed that active investing works since I was a little kid (yes I knew about it back then). And this is where the real fraud comes in.
The whole Wall Street and every broker, every stock exchange in the world are a part of a big fraud. Only about 10-20% of professional fund managers outperform the market in any 15 year period. If you take 30 years, this dwindles to almost nothing, which means that no one can predict the markets. These people have no idea what they are doing. Jim Cramer is pure show-business and has no idea what's going on. Warren Buffet gained his fortune with pure luck, and for every Buffet there are some people who made only a million bucks and countless folks who lost everything.
Wall Street. They have trillions of dollars and use all that money and power and marketing to convince you that there is a way to predict where the stocks are going without being a legal insider or somehow abusing the law. They will make you think you can somehow learn from them where to invest your money on your own or they will make you believe that you should just give it to them and they will manage it for you, because they know how everything works and they can predict the future using past data.
They won't. They don't. They can't. There are studies and statistics to prove it countless times over the span of a 100 years. But they will still charge you exchange fees, brokerage fees and management fees anyway. And they also manipulate certain studies, lobby where and when they need it, and spread misinformation on an unprecedented scale, creating a positive image of themselves. And everyone falls for that. Billions of people around the globe still think it's all legit.
Passive index investing is the last level. You just put your money in the market and wait. Markets will go up at a predetermined rate. If there's a crisis, in 10 years no one will even remember. Markets always go up in the end. But passive index investing can only give you only 7% inflation-adjusted returns a year. Not enough to stop working or even retire early, unless you have a high-paying job in a first-world country. I don't.
Despite all that, to put it simply, this is the only type of investing that works and doesn't involve any kind of fraud or gambling. It's the type of investing that will give you the most money. If you want to know why it is like that and how to do it, just go to financialindependence. They know this stuff better than any other sub. Better than investing, trading or any other sub where non-passive-index investing is still discussed as viable strategy.
Back to me.
My whole being was fucked over, my hopes and dreams and understanding of success and how this world works were shattered. I realized, I had no future in financial industry, because only middlemen make money in there, and I quit college needed to get there. Frankly, I wouldn't want to work there even if I had the opportunity. The pay is good, but the job is boring and I wouldn't want to be a part of this giant scheme anyway. But even if I wanted to go back, I also couldn't. Russia is in a worsening crisis and my parents could no longer afford a US university and now with coronavirus it's even worse. Good thing I quit before it all happened. I learned a valuable lesson and didn't lose that much money for it (only about 10% of my savings). God knows where it would lead me if I continued to be delusional. But now that my last temporary plans for the future were scrapped, I had no idea what to do next.
The future.
With the reality hitting me, I would lie if I say it didn't all come full circle and connect to my past. I realized that I was stupid and not intelligent, because I was living in a made-up world for years now. But even if I were intelligent, pure wit would not give me the success and fortune that I was craving, because trading and active investing were a no-go for me, and business/politics require a very different, extroverted mindset, different education and interest from my own. My only redeeming quality in a hopeless introvert world, my perceived intelligence was taken away from me and rendered useless at the same time.
Besides, failing at that one thing made me insecure about everything and now I think of myself as an average individual. So, if 8 out of 10 businesses fail, I shouldn't start one because I will probably fail. And if most politicians don't get anywhere, why should I bother? If average salary in my country is X, I shouldn't hope for more. I stopped believing in my ability to achieve something. First, I failed at education and now I failed... Professionally? I don't know how to describe it, but my life recently was just an emotional roller coaster. I just feel like a very old person and all I want calmness and stability in my life. I was very lazy before just because, but now I feel like I also don't want to do anything because I feel I would just fail. It feels better now I don't have to worry about trading anymore and I got rid of that load... But I am still miserable and perhaps worse than ever, maybe I just don't understand and feel it because I've become slow and numb. The only positive thing that happened to me recently, is that I finally started losing weight and about 1/4 of the way back to my normal weight.
As for my future, am looking at several possibilities here. So far the parents are allowing my miserable life to continue and they let me live with them and buy me food. I don't need anything else right now. But it can't go on like this forever. The thought of having a mundane low-paying job in this shithole of a country depresses me. I will probably temporarily do English tutoring if there's demand for such work. My old school friends want me to help them in their business and my dad wants me to help him in his, I and probably should, but I feel useless, pathetic and incapable of doing anything of value. And business just seems boring, difficult and too stressful for me right now. Just not my cup of tea.
I am also looking at creative work. I love video games, music, films and other forms of art. I love the games most though, so I am looking into game dev. I don't really like programming, I have learned some during school years, but the pay would probably be higher for a programmer than an creator of any kind of art. However, I think I would enjoy art creation much more, but I don't have any experience in drawing and only some limited experience in music production. And I am not one of these kids who always had a scrapbook with them at school. Having to make another life choice paralyzes me. I am leaning towards art. I don't feel confident in my ability to learn this skill from scratch, but I think it's my best shot at finding a job that would make me happy.
So perhaps, when this whole pandemic is over, I'll go to Europe and get my degree, get a job there and stay. American Dream is dead to me, and Europe is cheaper, closer, safe and comfortable. Just the thing for a person who feels like they are thrice their real age.
Outro.
Thanks for coming to my TED Talk. Special thanks if you read the whole thing, it means a whole lot to me, an internet stranger. But even if no one reads it, feels good to get this off my chest. I actually cried during writing some parts. Holy shit, this might be the longest and smartest looking thing my dumbed down head could manage to generate since college. I hope that you're having a great day. Stay healthy and be careful during this fucking pandemic. All the best.
submitted by OberV0lt to TrueOffMyChest [link] [comments]

SCAM BROKERS EXPOSED

If any of the following happened to you, you are probably the victim of a trading scam:
* Firstly, has your account manager convinced you to start small with a deposit of 250 (Euros, Pounds, or Dollars)? Did he then show you on the trading platform that your initial investment has now grown to 1000 in a single week (or something like that)?
* Secondly, were you looking to invest in Forex, Binary Option or Cryptocurrency? Did your broker tell you that you can become rich trading just a few hours a week?
* Maybe you are already making tons of money on their trading platform and yet they persuade you to keep putting more money. When you to attempted to make a withdrawal, did they convince you and pressure you to leave the money in?
* Did your broker provide a very insecure password to your new trading account like 123456?
* Finally, does your company charge zero fees to make trades for you. If you answered yes to one or more of the above questions, there is a really good chance that you are indeed a trading scam victim. All of the above are key indicators that you have been the victim of an online trading scam. Why? Because A, there is no investment opportunity under the sun that can make a 300x return in a week. B, it is impossible for a juvenile investor with no prior trading experience to become rich with just a few hours of work in a week. C, no legitimate brokerage would try and prevent you from making a withdrawal. It is your money! D, no professional trading company would put their customers’ money at risk by providing an insecure password like 123456. And E, how does your broker make money if he doesn’t charge fees unless he is scamming you? If you find out you are a victim of binary options fraud, i would implore you reach out to (ADMIN "AT" WOLFPACKHACKERS "DOT" C O M) as they are recovering funds for victims at no upfront cost. Reach out on this website (WOLFPACKHACKERS "DOT" C O M) . Good luck .
submitted by Bergman-matt-012 to binary_options [link] [comments]

How a Danish university dependent on corporate America fosters corporate loyalty in students

Students of Roskilde University ("RUC") have no choice but to accept, become dependent on, and support these corporations:
At RUC there is no escape from Microsoft. Mathworks is only avoided by students who avoid taking statistics.

E-mail service that establishes trust in Microsoft (and how it evolves into loyalty)

RUC has outsourced e-mail service to Microsoft. Students are obligated to access their Microsoft-served e-mail in order to receive official correspondence from school staff. There is no opt-out mechanism.
Regular exposure to MS corporate branding in the student's UI establishes brand awareness using freemium. Students become accustomed to the look and feel of the Outlook UI, making them more likely to develop trust and cling to that interface more in the future. It's through repeated forced bonding with Microsoft's UI that leads ultimately to fostered loyalty.
The loyalty is deepened further when the student grapples with idiosyncrasies like booking a room because the struggle leads to the user acquiring vendor-specific knowledge. The user is rewarded when their skill with the tool advances as they become more efficient with overcoming flaws and anti-features; as if they filled up a Starbucks loyalty card and got a payout. Unlike a loyalty card these advancements continue rewarding the user as long as they keep using the tool. When the user faces the decision to use an alternate tool they are less inclined to give up the vendor-specific knowledge that has accumulated.
So overcoming non-intuitive aspects of a UI actually leads to more loyalty. The university sharpens this effect by trapping the student on the tool. Whereas being outside an organization includes freedom to switch tools anytime a use-case becomes non-intuitive.
RUC has disabled IMAP access, thereby crippling students who would prefer a vendor-neutral standards-complying mail user agent ("MUA") or an MUA of a different vendor. Forcing Microsoft's non-standard protocols and favoring Microsoft UIs creates biases that raise the barrier to exit. Diligent motivated users who install Evolution or hack together a davmail proxy can escape -- but these users are a small minority and ultimately still forced to share their email contents with Microsoft and to feed Microsoft's bottom line.
And what about independence? If the university can't handle being independent from corporations itself aren't students therefore conditioned to lack confidence in overcoming corporate dependency?
When a self-sufficient student or outsider who runs their own residential mail server tries to send an email to an outlook.com/ruc.dk recipient, they are blocked. Microsoft has configured their mail servers to force individuals to be dependent on a corporation for email delivery. RUC has aligned with a corporation who pushes corporate loyalty even beyond the school, dragging outsiders into the Microsoft loyalty program and causing collateral damage to those who don't comply with Microsoft-dictated policy on how email must be transmitted in order for MS to accept it.

Document preparation: Office 365 or Google Docs (LaTeX discouraged)

Students are free to choose their document preparation tool, but professors and supervisors discourage the use of LaTeX. Scientific papers are produced within group projects with supervisors serving as mentors. Some supervisors are reluctant to learn LaTeX or review LaTeX code. Consequently professors urge students to avoid LaTeX to accommodate limitations of supervisors.
RUC equips students with MS Onedrive accounts and one writing tool: MS Word, which is supplied with gratis copies of Office 365. This implies that using MS Word with its co-authoring feature and Onedrive is the only approach on which students can expect official school support. Note that Office 365 is unavailable to Linux users who are therefore limited to the feature-poor in-browser Word app should a Linux user end up in a Microsoft-aligned group.
Some groups opt for LaTeX (vendor-neutral) and use Overleaf (a service of Writelatex Limited) for collaboration, but this choice comes with risk. If just one student in the group opposes the steep learning curve that LaTeX entails, that student likely already has vendor loyalties that they developed in post-secondary school and they will fight hard to avoid the effort of learning something new. RUC basically has the back of students who resist LaTeX, which bends groups in the direction of a corporate solution that builds vendor loyalty.
Google Docs is seemingly the most popular choice. The school discourages use of the most suitable vendor-neutral technology so students gravitate toward Google Docs.
All realtime collaboration options (msword, gdocs, latex) have stumbling blocks and idiosyncrasies. The LaTeX variety of issues lead students to learn something useful about the language or text editor, which furthers their knowledge of technology in a generic way that can be useful in the future. The MS Word and Google Docs varieties of issues lead students to learn about workarounds for specific flaws and limitations of those particular tools. This vendor-specific knowledge is not generally portable to other tools. It's without foundation and does not generally form a basis for building more knowledge. It's knowledge that bonds the user to the tool. The increased efficiency of knowing workarounds for vendor-specific tools serve to heighten vendor loyalty. The user becomes less inclined to migrate to a competing tool later because it entails wasting the knowledge that has no other applicability while inviting new issues to tackle.

Proprietary software labeled as "Free Software" helps propagate brand loyalty

RUC distributes gratis copies of licensed proprietary software under the heading "Free Software". "Free" has two meanings in English: freedom and gratis. The software industry specifically assigns "free software" special meaning: software that gives the user freedom. The software offered by RUC under this heading is quite the opposite of the industry-accepted term. Microsoft Office 365 and Matlab are commercial proprietary binary blobs that deny students the academic freedom of looking at the source code. The distinction between gratis and freedom when discussing software is paramount. RUC's use of the term misinforms the students they are tasked with educating.
Use of the word "free" has a bigger problem: it's one of the most powerful forces in neuromarketing used to manipulate consumers according to Dan Ariely's study published in Predictably Irrational. RUC has refused to correct the heading on their English website from "free software" to "gratis proprietary software". RUC is exploiting the persuasion of the word "free" to maximize the number of students who will install software that will induce brand loyalty.

Research material jailed in corporate walled-gardens of Google and CloudFlare

Library research is sacred and central to academic coursework. One of the primary sources of information available to RUC students is Google Scholar ("GS"). GS is a walled-garden that blocks access to full text if the student is not signed on through the school. RUC recently started blocking Tor. So RUC students who opt to use GS have been forced to give up the only mechanism that protects them from website visitor tracking ("WVT") in this instance. Although a RUC user id has always been potentially disclosed to Google Scholar through the callback authentication mechanism, students could previously use to Tor to avoid exposing their IP address and browser print to Google, which Google can use to cross-reference logged-out searches. Now avoiding that privacy abuse requires abandoning Google Scholar.
With conventional web searches we can easily give up Google because there are good decentralized alternatives like Searx. But Google Scholar has weak competition at RUC and librarians encourage its use. Simply getting the list of database alternatives first requires executing javascript from microsoft.com. Once Microsoft is trusted (not that it should be), a database list is populated and "REX" is available.
REX is rich in search results and makes it viable to avoid Google Scholar. However, REX does not contain the full text of articles and REX does not serve as a proxy either. REX supplies students a link directly to the external resource that has the full text. These external sources are often dominated by privacy abusers, most notably CloudFlare Inc (an adversary of the Tor community). A substantial number of REX-indexed articles are served by Proquest, who currently subjects users to CloudFlare's IP logging in violation of the GDPR.
Privacy is not the focus of this article, but it's related to the loyalty problem. Because CloudFlare is a privacy abuser, ethical informed students may opt to boycott CloudFlare. Students should not be forced to patronize a privacy abuser who surreptitiously collects their IP addresses and who has taken centralized control of over 10% of the web while undermining network neutrality. When Copenhagen Library leads students to a CloudFlare-controlled private walled-garden, it creates a conflict of interest between academic research and the ethical need to boycott bad players.
CloudFlare goes unnoticed to most people and students would not be developing any kind of brand awareness or loyalty to them. However, students need not just to be free from loyalty but also need the freedom to be proactively disloyal. Putting CloudFlare in reckless control of our academic resources is a bad idea. When we encounter CloudFlare in the marketplace as consumers, we can simply vote with our feet and take our business elsewhere. But this academic intrusion is not solved by students voting with their feet because while research potential is lost public money is still going toward the detriment of freedom.
Europe's Plan S initiative will require government-funded research to be made available to the public on the date of publication by the year 2020. However, Copenhagen Library is dependent on publishers who will continue to jail scientific journals in the private corporate walled-garden of CloudFlare Inc.

Copenhagen housing crisis and Facebook's role in it

There is an acute housing shortage in the whole Copenhagen region resulting in apartments with waiting lists as long as five years. There is also a shortage of on-campus university-administered student housing that's so severe that Roskilde University has restricted the units exclusively to exchange students. Permanent full-time students are ineligible for these rooms.
The school provides no service to help the 8000+ permanent students secure a place to stay amid the shortage. Students are given no information about how to directly get in contact with owners of apartments in close proximity to the university. RUC publishes a list of commercial profit-driven brokers who charge students a fee for helping with the hunt for housing or roommates. In some cases the fee is not based on placement so a student could pay fees to simply communicate with a prospective roommate or landlord without actually acquiring housing - which is a very likely scenario.
Students are made dependent on a dozen or so private corporations before school even begins. RUC pays a premium to one of them ("Housinganywhere") to give RUC students VIP treatment (which in this case entails answering e-mail from students), and Housinganywhere falls short of responding to e-mail.
These brokers have no obligation to get a student a booking. Students often arrive homeless or become homeless mid-term. This illustrates the inherent problem of outsourcing to private corporations something as essential as student housing particularly when resources are severely limited.
The brokers' objective is to maximize profit not maximize student placements. One of the brokers charges nothing to the students but designed their website to deny service to students who don't have a CPR number (a number that can only be acquired after establishing a residence), so students entering Denmark for the first time are blocked from using the one broker who charges them nothing.
Another corporate artifact is age discrimination. Some buildings try to cater for students and to keep the rentals marketable to students they impose an age limit. Every "dorm" in close proximity to RUC imposes age restrictions so older RUC students are pushed out of the city to suit corporate policy.
RUC and the housing specialists and brokers RUC endorses have come up short. Enter Facebook. Facebook is the hack by which students find housing. Facebook secures student loyalty in this case not by clever marketing but simply by actually serving as a hack to an otherwise ill-served need.

Facebook invasion into official school communications

Of all the corporations RUC fosters loyalty for, Facebook is the most insidious. Facebook is a cocaine addiction compared to others. Copious articles try to help people break away from Facebook. The stranglehold of Facebook loyalty has driven Cornell University to study it.
Facebook is used to make announcements to RUC students and the internal website is littered with Facebook references. In particular, there are social events that are officially school-sanctioned which appear exclusively on Facebook.
Some might say "fair enough" because social events are non-essential and purely for entertainment. However, RUC has organized all the coursework around group projects. A culture of social bonding is considered important enough to justify having school-sanctioned parties on campus. The organizers have gone as far as to strategically separate student parties and to discourage intermingling across the parties so that students form more bonds with the peers they work with academically. Social bonding is a component of the study program.
Announcing these social events exclusively on Facebook creates an irresistible temptation for non-Facebook users to join. It also destroys any hope of existing FB users who want to break away from Facebook from doing so. Students without Facebook accounts are naturally in the dark. Facebook non-patrons may be able to catch ad-hoc hallway chatter about school events but this is a reckless approach.
When the official class schedule is incorrectly published students who discover the error in advance announce it on Facebook. Facebook then stands as the only source of information for schedule corrections, causing Facebook non-patrons to either miss class or show up for a class that doesn't exist.
Unofficial student-led seminars and workshops are sometimes announced exclusively on Facebook. These workshops are optional but academic nonetheless.
Sometimes information exists on the school website and is duplicated on Facebook. The information becomes very well buried on the poorly organized school website because the maintainers are paying more attention to the Facebook publication that they assume everyone is reading. Specifically the study abroad program has two versions of the document that lists all the foreign schools for which there is an exchange program. One version is obsolete showing schools that no longer participate. Both versions appear in different parts of the website. The schedule of study abroad workshops is so buried that a student relying on the school website is unlikely to know that the workshops even exist. Removing the Facebook distraction would perhaps mitigate the website neglect.
RUC does not instruct students to establish Facebook accounts. There is simply a silent expectation that students have them. Some of the above mentioned problems can come as a surprise because Facebook excludes non-members from even viewing the content, so non-patrons don't even have a way to see what kind of information they are missing. There is an immense undercurrent of pressure for RUC students to become addicted patrons of Facebook's corporate walled-garden.

VPN depends on GSM

RUC's VPN service requires two-factor authentication ("2fa), and the possession factor is met exclusively by SMS messages. There is no opportunity to opt-out of 2fa and no possibility to use an alternate mechanism. Phones and service are also not provided. This forces students into the marketplace to buy phone equipment when most phone vendors have a long history of unethical conduct. Many GSM service providers have the same problem.
If a student can manage to find non-controversial hardware and service they are still subject to needless tracking that's inherent in GSM technology while being pushed into establishing loyalty for the corporation, baited by the lower pricing of phones and plans that are marketed with contracts. A student should be able to reject all GSM hardware and service vendors without being denied access to the RUC's VPN service.

Telegram Messanger

The FabLab uses Telegram Messanger. Offering to collaborate through a service like this is an advancement away from corporate dependency in principle because it enables voice communication without GSM service. However, Telegram is centralized and requires users to disclose their mobile phone numbers (which they may not have) just to register for an account even if it's only going to be used on a desktop. Some Telegram competitors have figured out how to offer gratis account registration without imposing GSM service on the user.

Matlab

The statistics class is structured around MATLABtm, which cannot be installed without registering at Mathworks website (under Dynatrace tracking mechanisms), signing click-through agreements, and disclosing an email address. The email address is later used to promote Mathworks' products and to ask students to help Mathworks with product promotion to others.
Students would normally be charged for a MATLAB license but RUC pays a high premium to ensure students pay nothing. This creates a brand awareness using freemium scenario. Mathworks marketing tries to draw students to more Mathworks products. Students have little choice but to become entrenched in acquiring vendor-specific knowledge on MATLAB to get through the class. This creates a bond and potential to manifest into brand loyalty.

Microblogging centralized on Twitter - loyalty required (new section)

RUC uses Twitter exclusively for microblogging. Without a Twitter account students are only permitted to read RUC's timeline and cannot participate in any discussion.
Students must become loyal to Twitter Inc. if they want to participate in RUC's microblog. Twitter registration requires Tor users to have a phone number and to disclose it. This forces students to either expose their IP address to Twitter for their records or to trust Twitter with their phone number. Both situations compromise anonymity and as a consequence chills speech. Students are also forced to agree to Twitter's one-sided non-negotiable terms before they can communicate with RUC.
Twitter is a private corporation with ultimate authority over which students may talk to their school and what they can say. Twitter has a right to refuse service to anyone for any reason, and they use it. My account was locked because (apparently) using an API over Tor is (falsely) treated as robotic use. So here I am among the public with the need to communicate with my public school, and this private corporation has blocked it.
RUC gives Twitter this power.

Freedom-respecting solutions

If RUC wants to foster independence from sketchy corporations and enable students to boycott unethical players:
RUC needs to replace.. with..
outlook.com mail server in-house mail server, IMAP service (perhaps consult UCLA for guidance)
MS Office 365 shell accounts on vendor-neutral OS, version control, emacs+Rudel, Gobby or the like, LaTeX, LyX, Libreoffice
Google Docs Cryptopad
Telegram Messenger Openfire or Jami
Matlab GNU Octave
Facebook, Twitter Diaspora, Friendica, GNU Social and/or Mastodon (ideally in-house nodes)
Google Scholar PeerJ (cough..and Sci-Hub..cough)
REX references to CloudFlared sites non-CloudFlared sources if they exist, otherwise show an apologetic warning of GDPR breach next to the CF link & state where to complain
microsoft.com javascript that renders db list HTML
SMS 2fa code card
"Free Software" website heading "Gratis Proprietary Software"
(†) actually Copenhagen Library needs to do this, not RUC. (‡) RUC does not push students to use Google Docs; inertia brings students there. RUC should guide students away from that particular privacy-hostile walled-garden.

Call to action (update)

Contact the DPA for Denmark:
Datatilsynet Borgergade 28, 5 Tel. +45 33 1932 00 Fax +45 33 19 32 18 email: [email protected] Website: http://www.datatilsynet.dk/ Member: Ms Cristina Angela GULISANO, Director 
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