December 12, 2024

Startup PRISM service tech. analysis for traders

Hi all! ;))

So, I decided to start early talking about the idea of ​​​​creating a service that, I hope,will soon be released and I hope many of you will enjoy it incredibly ;))

A resource with gameplay elements will beprovide analytics and trading instructions. The idea is to create something like chess in the world of financial markets. We have mostly already figured out how to do this, but we are still generating and discussing new additional ideas.

Who are we? A small, diverse team.Some of us have been involved in trading and analytics for more than 10 years and have tried many trading strategies, while others are just getting acquainted with exchanges, but have succeeded as specialists in other areas. Based on diverse experience and comprehensive approaches, we decided to create a “people’s” project about financial markets that will be of interest to both beginners and seasoned experts.

In this post I will tell you a number of things thatIndividually, they may seem banal, but nevertheless they deserve mention as parts of a puzzle that, when formed, led to the ideas that were decided to be embodied in the project.

When you wonder, “how to put togetherstate on the stock exchanges” analysis of news and the impact of economic processes on price looks reasonable, solid and seems to allow us to clearly understand why we make decisions to buy or sell a particular financial instrument. At the same time, this approach means the need for expert judgment to make every decision. Those. we need to either become experts or find and hire them. The vast majority of more or less convincing sources agree that over a 10-year period, only 10% of traders remain successful, and if we are talking about FOREX, then more likely 1%. So, if you look at it prudently, then becoming experts and relying solely on your own strengths is not promising, because the likelihood that we will succeed is small… Hiring those who have already proven themselves to be successful players for 10 years or more makes the project dependent on the human factor. To minimize the risk, you need to find 10-50 experts. That way, if one leaves, we can rely on data from another 49 people while we look for a replacement. But still, difficulties remain. The cost of using verified specialists can be high. Of course, you can try to get away from this problem, for example, by receiving relatively inexpensive signals from professionals through special services. But even with this decision, questions arise:

  1. Where is the guarantee that some of these specialists will not turn out to be a hoax for the owners of the service on which they demonstrate their results?
  2. Will it be possible to systematically compare the signals of 50 different analysts and traders so as to obtain forecasts for the same instruments, and at approximately the same time intervals?

To do this, you need to select a common"language", i.e. a method of technical analysis that will not cause discrepancies when describing charts. The answer to the question “how to make such a system gain popularity?” I already slightly spoiled it at the beginning of the post - we are talking about gamification.
Of course, there is still a romantic hope thatthat if the system makes the most of the advantages of technical analysis and minimizes its disadvantages, then it itself will gain popularity among those who regularly make correct forecasts. Then all that remains is to unite these people in one place. A future service could also become such a place, which would be convenient for communication and simplify work.
Those. the idea is to bring all the threads to one point…

Here I offer a short video, but I will continue the story in other posts.

www.youtube.com/watch?v=Yfl9nZw91L8

vk.com/prsmsr - VK group