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FuturoCoin to Sponsor Formula 1 Team

FuturoCoin to Sponsor Formula 1 Team

FuturoCoin, a young company which is winning cryptoinvestors’ hearts, has signed a two-year sponsorship deal with the Aston Martin Red Bull Racing Formula One team.

The deal between RBR and FuturoCoin is a first of its kind, and will be showcased in front of 350 million people worldwide. FuturoCoin sponsorship will be valid throughout the 2019 and 2020 F1 seasons.

Details of the sponsorship agreement

FuturoCoin’s branding will be featured on the Aston Martin Red Bull Racing RB15 F1 cars of drivers Pierre Gasly and Max Verstappen. In addition, the logo of the company will be displayed on the drivers’ overalls and the team transporters.

“We are very proud that FuturoCoin will be the first cryptocurrency in the world to appear on a Formula One car. In addition, we are looking forward to working alongside Aston Martin Red Bull Racing, a prestigious brand that is recognised across the world,” said Paulina Woźniak, the CEO of FuturoCoin.

The deal was accomplished due to founder Roman Ziemian’s passion for motorsport.

“In recent years, the rise of blockchain technology and cryptocurrencies has been truly remarkable, and we’re delighted to be the first Formula One team to embrace this, through our partnership with FuturoCoin,” said Christian Horner, the team principal for Red Bull.

Founded in 2017, FuturoCoin is a decentralized cryptocurrency based on open source code. It is estimated that it will take 10 years to mine the cryptocurrency’s full amount.

Cryptocurrencies and sport sponsorships

FuturoCoin is not the first cryptocurrency company to enter the sports sponsorship market.

At the beggining of 2018, Arsenal Football Club signed a deal with cryptocurrency-based gambling company CashBet. English football team Wolves also formed a partnership with cryptocurrency exchange Coin Deal last year. However, probably the most significant deal was between Lionel Messi and Sirin Labs, a blockchain-based mobile phone developer, at the end of 2017.

Top 8 Forex & Cryptocurrency Expos for 2019

Forex expos 2019

This article brings you a list of top 8 forex & crypto conferences and expos you could attend this year.

1. London (LAC) Financial Partners Expo 2019

London Affiliate Conference will take place on the 6th – 9th February at Excel, London.  The conference will attract more than 5,000 delegates for 4 days of networking and learning. This is 13th year in a row that this affiliate conference is being organized.

2. Forex Expo Dubai 2019

Scheduled for March 14, 2019, Forex Expo Dubai is the leading event for the trading industry community in the Middle East. The goal of the event is to provide an unmatched business opportunities and hands-on insight by market leaders.

3. Traders Fair and Gala Night Thailand 2019

Traders Fair and Gala Night Thailand is a blockchain/cryptocurrency conference which will take place on February 16.
This event offers the opportunity to meet the best trading experts as well as the best trading companies from all around the world.

4. Moscow Forex Forum 2019

This is Russia’s leading Forex expo, which offers the possibility to make new contacts and present your services to the Russian market. It is scheduled for April 1, 2019.

5. The 2019 Shanghai Financexpo B2B

Shanghai is China’s financial hub, which means this expo can be very useful for those keen to enter the Chinese market.

Dates: May 2019

6. iFX Expo Cyprus 2019

This forex expo will be held on 22 – 24 May, 2019 in Limassol, Cyprus. It is considered one of the top B2B Forex & Cryptocurrency expos in Europe attended by leading professionals in the industry.

7. Berlin Affiliate Conference 2019

This event (scheduled for November 2019) is perpetually one of the top affiliate conferences in Europe. It brings together affiliates and operators from the FX and gaming industry.

8. Africa Forex Expo & Conference 2019

This foreign exchange industry event has a goal to provide a platform for new business developments in the African market. Those who attend this event will be provided with a chance to network with international industry leaders.
Dates: December 2019

Types Of Orders In The Forex Market – Part 2

Orders If Then OCO

The If Then OCO commands are the combination of the two types of previous orders and are basically used to establish a point of entry, an exit point and a stop point at a different market price.

Orders Strangle

Now we are going to discuss one of the topics that may be of more interest to operators who have some more experience. It is actually one of the inheritances of the operations in bond and stock markets and is known as Strangle Orders.

It is common that this technique is also known as Stradling but technically the Stradling is not viable in the Forex market as it consists of placing two market orders to certain pips away from the current price, a sale at a lower market price and A purchase at a higher price, this strategy became very popular a couple of years ago to operate news such as the NFP for example, but today its effectiveness has decreased considerably due to policies applied by brokers and will be studied soon.

The Rollovers

In fact, rollovers are closely linked to carry trade and are orders that are used in operations of more than one day. They basically consist of closing one position and simultaneously opening another for a similar value, in this case as operators what we see is simply that the purchase or sale price when changing operating hours (for most brokers at 5 PM New York) changes for a better or worse price depending on which side of the carry trade we find (if we are on the side with higher rate will be better price and if we are on the side of worse rate as it will be worse price), despite being automatic orders were Included as an integral part of the operation of the accounts.

Warranty on orders, scalping and slippage

This is probably the most complicated issue to deal with as it is linked, as always, to our choice of broker, since depending on the broker there are several policies that seek to protect their interests and of course we must know them to learn to operate with them and take advantage of them in the best way:

Warranty on orders

As any trader with experience in the Forex market knows, brokers can not guarantee to execute all orders placed at any price since in many cases there are prices that are not always available.

Slippage

Slippage is a common practice used by brokers who do not guarantee prices. It basically consists of guaranteeing the execution but only at the best price available in the market, which means that as it can be at the desired price can be made at another price that is usually worse and that in the case of news usually Be at the end of the initial movement that generates the same, which may not produce the best results for the operator.

Scalping

This is by far the most difficult way to trade in Forex and any other financial market. The scalping is performed by operators with both market orders and orders to enter so that even hundreds of orders in a day in search of the few pips that can be obtained from the divergences in price between one and other operators. Nevertheless the great majority of brokers consider them undesirable and their orders are limited in principle by the necessary distance of the current price and finally by a clause that they have all the contracts where they can terminate unilaterally the contract and therefore to be vetoed in that institution.

The subject of the different types of orders is much more complex and extensive than it may seem in principle. In fact, the orders like so many other tools that we offer to operate are only that, tools, if they want to base an operating system only in these tools should think this, if it is so effective because no one has done it before? And above all the question absolutely indispensable to operate in any market, a professional as it would ?.

How To Maintain Your Profit / Loss Ratio

Regardless of the market in which you are operating, it is important that you always keep in mind a potential gain that makes each operation worthwhile. For example, it does not make much sense to risk $1000 to win only $100, since this will eventually make you lose your entire account. Generally, professional traders employ a profit / loss ratio of at least 2 : 1. This serves, among other things, to maintain a certain balance in the operations of the operators in such a way that the profits outweigh the losses. The successful trade seeks to have a positive balance at the end of all its operations and not just one. Therefore, keeping all our operations on balance helps to maintain the balance of trading in general.

This raises a question for us – how can we decide objectively whether the profit potential is large enough to guarantee the risk we are running? There is really no simple answer to this question, everything is based on the experience, knowledge and general understanding of the specific market in which it is operating. There is no other way to know. In essence, trading boils down to this: Is it worth the risk? Successful traders raise and answer that question in every transaction knowing in advance that not all will succeed.

In fact, they understand that the loss in one or the other operation at the end is offset by the gains made on winning trades. At the end of what is involved this is not to lose too much in the losing operations in relation to the gains that are obtained in the winning operations. That being said, it is quite difficult for a trader to have a positive balance if he is constantly trying to force his trades so that they get benefits to the place.

The successful trader regularly does not risk more than he can win in an operation, although on some occasions he can risk what he has already won in order to increase his profits, which is a more calculated risk. So, the maxim I’ve talked about before – cutting losses fast and letting profits run – applies here.

This does not negate the reality of keeping your potential profits online with your potential losses. It simply means that while a trader should try to keep the profit / loss ratio at least level, that same trader could, if possible, try to keep the profit / loss ratio as high as he can without falling into greed or stupidity, operating Carelessly without taking into account the actual conditions that prevail in the market.

Why Most Traders Fail?

One of the most striking, interesting and baffling aspects of trading is because so many traders who continually fail and lose money in the forex markets for some inexplicable reason, continue to operate. One of the possible explanations is that these traders feel obliged to do trading, which means that they have become so addicted to the betting element inherent in the trading itself. Another reason might be that these people believe they have the ability and personality to be traders and continue to be participants in this illusion even though reality shows them otherwise. Likewise, there may be a third reason that explains why so many traders constantly lose money and is that they do not take the time to learn the art of trading and believe that it is simply buying and selling as instinct tells them. Even worse, these same people do not worry about acquiring the tools they need to get the edge to succeed.

These tools certainly include educational elements, you can not pretend to enter into trading in a market like Forex without having a notion of what you are doing. In addition, we must take into account that in this era of trading managed by software and computers, an operator needs the best trading software possible to be up to the professionals and be successful.

Trading software comes in many forms and is becoming more sophisticated every day. While successful traders continually employ screens full of graphs, live news, technical analysis tools, back testing and other support functions, those who lose money consistently do not take note of this and settle for using bad software Quality if they use it. The reality is that anyone who wants to risk their money with a trader needs a trading software platform that works without problems and efficiently and provides the information that allows the trader to determine with a high degree of certainty the direction of the trend.

In the world of trading, as in life, you get what you harvest or better you get what you pay for and if you look for quality you have to pay for it. This may be one of the reasons why operators who lose money consistently continue to lose it. In business there is an affirmation that says “To make money you must spend money”. This phrase indicates that if an investor wants to make money in the markets, he must be prepared to spend it, that if he wants to dedicate himself seriously to this activity. When to spend depends on the capital that is counted and how serious the person is about becoming a trader, but one thing is for sure, if your invested capital is beginning to decrease rapidly due to losses you can only do one of two things.
In today’s trading world, software is one of the most important tools. So if you do not want to be among the huge group of traders who lose money almost for pleasure, it is best to evaluate your budget and think about acquiring a good package of trading software tools. Think that if you are losing money consistently is for something. Perhaps such software that serves to recognize patterns in the charts or suggests signals of entry and exit to operate can help make it a successful trader.