Globalizing through Lite Technology

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Technology perpetually connects us to the online world.

Our devices represent our digital identity and interests, and facilitate our interactions with people and businesses around the world.

People are stuck to their smartphones, installing apps to help them pay, play and more, and businesses follow, shifting their strategy to keep up with consumers.

Technology enjoys universal significance today, but its impact is far more profound in countries with the resources and capabilities necessary to fully embrace it.

Developed countries with strong networks and cheap data are where technology flourishes. In emerging nations that lack these resources, using apps and other tech is often illogical, if not impossible.

Businesses are solving this problem by creating “slim” versions of their apps, designed to run faster, take less space and require less data.

Instagram’s “lite” app is 573 KB — 246 times smaller than their original app.

Facebook shrunk their main app as well as Facebook Messenger, which they also made a standalone app to save space.

Uber used a slim version of their app to save market share during their expansion to India, a country lacking the network infrastructure of their local American market.

Most of the modifications made by tech companies are aesthetic, providing consumers in emerging markets with a similar experience and value.

And in doing so, they are inherently improving app integration into your electronic devices by limiting any “fluff”.

A 500 KB app that meets the same demands as a 5GB app isn’t a necessary substitute for capability purposes, but a resounding success to be celebrated.

Businesses streamlining tech to save space may be more than a compromise. This could be the advent of a paradigm shift in how we use and understand technology as a society.

A future of technology that focuses on functionality rather than flash.

This isn’t about predicting the future of technology, but about providing global consumers with choices across all verticals.

Technology and social media have essentially given power back to the people.

Consumers are endowed with infinite choices and limitless knowledge throughout the customer journey, making them far more elusive for businesses to attract.

Every voice is heard and each drop of information is accessible.

Technology strengthens consumers by ensuring that every voice is heard and each drop of information accessible, but it can also empower businesses.

Fintech companies are using tech to revitalize industries desperate for the type of innovation and customization we’re seeing with lightweight apps.

Essentially, tech is bringing millions of unbanked and unsupported consumers to the global market for the first time, a monumental achievement.

It’s being used by companies like Veem to provide small businesses, lacking the capabilities of larger corporations, with fast and secure global payments.

Technology is an integral part of our lives. Without it, we wouldn’t have the foundational infrastructure necessary to support today’s cross-border interactions.

But it, alone, can’t help businesses find success in a world where consumers know too much.

Open your tech up to the world’s consumers, whether they be tech-savvy or tech-suppressed, and you will see more profits than you could have ever imagined.

Globalizing through Lite Technology was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

Contributing 2.0

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It is unlikely that the word “contributing” means anything to people who neither work in IT industry nor actively participate in the development of open source projects. However, in the light of recent events, there is every reason to believe that such terms as “contributing” and “contributor” will soon become very popular. You might ask “why?”

Let’s start with the common IT terminology. Contributor is a person participating in the implementation and improvement of innovative ideas and promising projects. Contributing is a type of activity aimed at implementing interesting projects to gain experience in this field. Mostly, this means involvement in the process of developing new functions, improving open source projects, and fixing bugs. One of the largest hosting services for contributing to open source projects is GitHub. In the IT field, such activity is usually conducted by volunteers.

However, in the Bitbon system, which was developed on the basis of Blockchain applying the smart contract technology, contributing acquired a fundamentally new meaning and became a separate type of business and financial activity. Unlike contributing in the field of investments and IT, contributing in the Bitbon system means the ability to earn money without studying in detail the niche for investment or spending huge amounts of time.

A vivid example of unsuccessful investment as well as insufficient analysis of the market situation in an invested niche was the case when News Corp bought out MySpace for $580 million in 2006, at the peak of its popularity. Later, it turned out that MySpace could not withstand competition from Facebook, and the social network was sold again, but this time for only $34 million.

In the Bitbon system, the contributor selects an interesting project from those already verified by qualified specialists, which not only increases the return on the contributor’s investments but also saves his/her precious time. It is exactly the reason why contributing can serve both as additional and main source of income — after all, contributors themselves can determine the degree of their involvement in a certain project.

In 2009, Blockchain wasn’t internationally recognized, and Bitcoin just began to gain popularity. At that time, probably anyone could have invested in both projects. It is not surprising that, since then, the development and digitalization of economy led to the emergence of new technologically advanced occupations, one of which was contributor.

Contributing 2.0 was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

I hate programming, and you should too.

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Me after debugging this one thing for three days only to find it was a single extra period.. (Matthew Henry on Unsplash)

The summer holidays are here. The high schoolers that make up a large portion of my friend group are rejoicing. For the first couple of weeks or so, everyone relishes just doing nothing. Then, everyone starts complaining again.

You see, listlessness overcomes most of these students eventually. During the school year, everything is so boring and stressful that everyone is sick of it almost all the time and feel restless as a result. But as soon as the holidays roll in and they think things will start to look up, they get bored quickly. I call the phenomenon “Having No Intrinsic Purpose”.

My sister’s descent into a hollow existence is a classic example of this phenomenon. After a few fruitless projects, she hit a rock bottom: a week-long period filled with makeup tutorials on YouTube, mobile gaming, and social media. At the end of this period, she became more vocal about her suffering, and I was obliged to help. And that’s where this piece gets technical.

She wanted something mechanical to do that didn’t require consistent creative input. Her previous intellectual avenue, fiction writing, needed conscious mental exertion most of the time, hence her regular burnout. After a quick search for ‘valuable skills to learn in 2018’, I suggested she do some programming. I suggested it because it’s quite safe to say that it’s a valuable skill going forward, and I do it too, and could help her if things got hard. On day one of her coding streak (at the time of writing), things are looking good. Engagement is high and general fulfillment in life seems better.

So you might be wondering: what’s with the title?

The truth is, I don’t write much code.

I’m building a software business out of an idea management platform, but I don’t write much code. Tian Ooi is the lead engineer. When I do code, it’s because there’s some extreme circumstance (deadlines, sick leaves, etc.). Even then, I hate programming after about two days of it.

I hate it because the majority of programming that is done feels robotic to me. The daily work of engineers in my business involves many popular, well-loved technologies like React Native, MongoDB, and Ruby on Rails, so it’s not like we’re writing any assembly code or (God forbid) Java. It’s just that programming isn’t what I would like it to be right now.

The focus of most programming is to follow a well-known recipe that was created by a handful of really smart people.

The aim of programming is usually quite clear, and so is the process of getting there. You have a set of things to accomplish, and you make the code do it to a satisfactory degree. The problem is that without any warning, twenty million things will go wrong throughout the process of getting the code to do this. From my experience, not every single thing that can screw up will screw up. But things that should just work will end up screwing up instead, causing even more problems than anticipated.

Programming is tedious. No, it’s fucking tedious. This makes it impossible to be creative with code, because even conventional, common uses of code barely work. Coding is not yet at the point where you can just start writing it without a clear goal in mind. You can’t explore with code, you can only build with it. In oil painting, this is like only being able to paint a picture that you have clearly in your head already. It’s like every drop of color must be pre-planned and pre-calculated, and every random stroke that is made on the canvas will cause the entire canvas to catch fire.

What most of the code you write is: trash. (Steve Johnson on Unsplash)

Because most code is not complete enough to exist without enormous, explicit intent.

Creativity is hardly possible with programming because randomness is hardly possible in programming. There are well-defined ways things are done, and on the basic level that’s fine. The problem is that most coding environments are designed to only accept a limited subset of predefined workflows. Hence, when programming, you have to stick to these few ways things are done, otherwise your shit won’t work. This has a couple of important impacts on the programming experience:

First, venturing beyond the abilities of those set workflows is nearly impossible, or so unpleasant that you might as well not even try. That’s why new workflows are constantly being made in the form of new languages or frameworks. Yes, all the programming that has ever been done to this point could have been written in binary. The only reason this isn’t done is because there aren’t enough people who are that insane.

Second, when different, advanced things actually do need to be made, they have to stick to those few set ways too, and that makes the experience of programming them immensely difficult. This sounds like a restatement of the first point, but I’m trying to highlight the experience here. Programming in this situation can be truly, universally, objectively hellish.

Everyone reading must understand this, and I feel that some readers unfamiliar with the tech pool might have difficulty understanding the nature of this suffering. So I came up with a close analogy: imagine you’re tasked with moving fifty watermelons from point A to point B, which are 30 miles away, within the span of six hours. You have a truck that can fit all fifty watermelons in it at once, easily.

Sounds like an easy solution, right? Just load the watermelons into the truck and drive to point B. Six hours is plenty of time to do that, right? Well, depending on what type of programming we’re talking about, this scenario could play out a few different ways for a programmer.

If you’re a C developer, you’re already screwed because you forgot to import anything. Also, your truck is full of garbage, rendering it unusable. If you’re a Javascript developer, you’ll be able to start loading the watermelons onto the truck, but halfway through you’ll be stalled by circular dependencies on 6 of your 79 npm packages. If you’re a systems developer, you haven’t even got the truck, so you instead choose to harvest the seeds from some of the watermelons, jog the 30 miles, and plant the seeds at point B, hoping that you’ll grow 30 watermelons there eventually. If you’re a Ruby on Rails developer, the truck is actually self-driving, so all you have to do is load all the watermelons. But in the process, you used an ActiveRecord method wrong and now all your watermelons are actually avocados. But on the bright side, you’ve also got 24 different cookbooks on how to prepare avocados.

See? It’s that infuriating. Seriously.

Photo by Dmitry Bayer on Unsplash

Programming is too unnatural and un-intuitive to be creative with.

I’m not saying current programming technology is awful. Code is responsible for an incredible array of modern things like jet planes, computers, the stock market, and, soon, maybe even sentient intelligence. I’m just asking you to stop debugging that gradle error for a minute and imagine what would be possible if we could code as easily as we can draw a picture with a pen on a piece of paper. What if we could make an app as easily as we could describe it with a few sentences? What if we could create the logic for a robotic arm using the relationships we can already express about it physically? What if we could write code that’s so safe that we could randomly experiment with it to discover new things?

There is enormous power available through coding that would be more accessible, predictable, and potent if it were just more pleasant. If you don’t believe me, try learning to code yourself. Your first month will be an ecstatic high where you feel like you have control over the entire galaxy. But as soon as you try and do any real world things with code, like put a software product on the market, you’ll see what I mean. There’s a reason life in Silicon Valley tech companies is so stressful. There’s a reason engineers are paid so well at competitive companies that rely on this technology.

How do we make coding great again?

On a personal scale, if you remove all the pressures on your coding activities like deadlines or concrete goals, and instead focus on just the learning experience, you might enjoy it for a long time. You should be aware, however, that the industry is dominated by people who code for twelve hours straight six days a week. There are rare cases where some twelve year old comes up with self-aware artificial intelligence after two months of weekend coding sprees, but trust me, it’s not that easy.

On a bigger scale, we programmers are the ones who should take responsibility:

The only reason we should be writing code is to ensure we write less code tomorrow.

We should be making tools that enable people to do something with code and just have it work. Or at least, we should make that even remotely possible a bit more frequently than 10% of the time. We should be coming up with creative ways to turn simple project requirements and restrictions into safe, scalable code rather than inventing more and more abstract ways to represent information and relationships with code.

We should be making coding easier and more powerful. When we do that, we’ll unlock the creativity of so many more people. When we make code more self-functioning, we’ll make so many jobs that much more pleasant. More importantly, we can get on with our lives. We’ve wasted enough time already.

Come on, people. Coding is a pain in the ass. It’s a pain in the ass way too often. You know it’s true. It’s time to debug this shit and focus on the impact of what we make, rather than how to make it.

I hate programming, and you should too. was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

Announcing VSCodeThemes

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Preview themes from the VSCode marketplace.

About 5 months ago I posted a side project to r/vscode that got relatively popular, and since then I’ve been working on making it useful.

VSCodeThemes started as an excuse to learn some new tech and challenge myself across the full stack. I knew I wanted to build a web scrapper with AWS Lambda / SQS and try out Algolia, a search-as-a-service platform.

I was probably browsing themes around the same time.

Browsing the Visual Studio Marketplace for themes can be painful. The site is optimized for browsing extensions so you rely on theme publishers adding screenshots to the readme.

The search results aren’t super useful either. The name, thumbnail and number of installs of an extension are poor indicators of a theme’s quality. Browsing results one by one, hoping there’s screenshot, is a slow and frustrating experience.

I’m happy to announce that I’ve pushed some big updates to the site over the last few months that will help you discover some new awesome themes.

Read on for details on some of the more notable updates or see them in action at

Accurate previews

The first version had a major flaw — the syntax highlighting was horribly inaccurate. A pretty essential feature for a site who’s only purpose is showing theme previews.

I originally used the react-syntax-highlighter component for displaying code previews but it uses PrismJS under the hood — which is not what VSCode uses for it’s syntax highlighting.

This meant I had to translate VSCode themes to PrismJS themes and resulted in widely inaccurate previews (in addition to some pretty nasty code).

After digging around the VSCode source, I found the vscode-textmate package that’s responsible for outputting color tokens for a given theme, language and template.

This library depends on native modules so I couldn’t simply add it to the front-end. The latest update now pre-renders each language preview for a theme before saving the result to Algolia.

Syntax highlighting before and after

Check out this PR for more details on how this works.

“Wasted space”

Since I was primarily focused on the back-end at the start of the project, the front-end was a bit of an afterthought. It looked pretty and worked well on mobile but the overall experience needed some love.

One complaint was all the “wasted space” on desktop because of the single column layout. Switching to a responsive grid layout creates a faster, more enjoyable browsing experience.

Search results before and after

Extension pages

As a frequent r/vscode lurker, you will see the occasional “what theme is this?” post, requests for theme suggestions and new theme announcement.

It became clear that a unique extension page would allow users to easily link to and share any theme on VSCodeThemes — like one of my personal favorites Raijū by TobiasTimm.

Extension page with theme rotator

Check out this PR for more details on front-end rewrite.

Other updates

In addition to some cool new features, there have been some major updates to the stack such as:

  • Ported front-end to NextJS for improved SEO.
  • Added a CloudFront CDN to improve page-speed and scalability.
  • Setup yarn workspaces for shared packages between the back-end and front-end.

… and a bunch of bug fixes.

What’s next?

A few possible features that are at the top of my mind right now:

  • Adding more languages
  • Favorites
  • Icon themes

If you would like to see these features built or have other suggestions feel free to contribute on Github.

Announcing VSCodeThemes was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

Why NHN’s Hancoin is the ‘Godfather of Korea’s Crypto Craze’ and Why it Signals Crypto Forever

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Image Credit: Chat Karen Studio / Shutterstock

(originally published in VentureBeat on July 14, 2018 as “Why South Korea is ‘crypto crazy’ and what that means for the rest of the world”)

South Korea is truly crypto crazy. While the country has less than 1 percent of the world’s population, estimates indicate it is responsible for 30 percent of all cryptocurrency trading in the world. Steve Lim, CSO of South Korean crypto exchange Coinone said in an interview last year: “People are crazed over it. Grandpas and grandmas come to our office lobby and say they want to put [in] half a billion won ($447,000). We ask them how they heard about us, and they say, ‘I heard about you through a friend who invested a couple thousand and made a killing, and I want to do it too’ … but they have no idea how to use the app or email.”

Image Credit: Marc Bruxelle / Shutterstock

South Korea is the only nation were investing in cryptocurrencies is truly mass market. Housewives, grandparents, millennials, boomers — people from every age group — have invested in a cryptocurrency. Some estimates state at least 30 percent of South Koreans have invested in them. Simon Kim, CEO of Hashed (Korea’s leading crypto fund) told me that number could be as high as 50 percent among white-collared professionals. Comparatively a recent study in the U.S. estimated that 8 percent of the population has invested in a cryptocurrency.

While people in other countries may be hesitant to take the leap on something so new and unproven, South Korea has a track record for quick adoption of new tech offerings — even ones that are truly culture-changing. Koreans created the first online microtransactions and MMORPGs (1996 by Nexon), social networking (1999 by CyWorld), one of the first major VoIP companies (Dialpad Communications founded in 1999), and mobile messaging content distribution (2010 by Kakao). South Korea has also been the worldwide leader in broadband technologies and adoption since the late ’90s and the leader in wireless technologies and adoption. So it isn’t surprising that South Koreans would move so quickly into cryptocurrencies and blockchain technology.

Some people have cited Korea’s economic factors or job security issues of young people in South Korea as the causes of this crypto craze without really knowing how deep and long Korea’s history with virtual currencies has been. South Korea’s crypto craze is based on a foundation of ubiquitous technologies and a strong and wide early adopter base in this country of 50 million. When I lived in Seoul from 2000 to 2004, as an American, I assumed each of these technology crazes were due to some “Asian quality” or extra geek factor that coursed through their veins.

When I first witness micropayments of 50 cents within Nexon’s virtual economy and Hangame’s casual online games, I said to myself, “Only in Korea or Asia could this happen. Americans would NEVER pay 50 cents for such services.”

Around 2001, when camera phone sales exploded in Korea, once again I said, “Only in Asia would people be taking pictures like crazy with their phones!” Hollywood movie imagery of Japanese tourists being camera-happy filled my mind. I simply couldn’t imagine Americans taking to camera phones in the same way that Koreans and Japanese had. But American consumers proved me wrong. Soon after I came back to the U.S. in 2004, the camera phone market exploded here as well.

Image Credit: Jacob Lund / Shutterstock

I moved to Korea in May 2000, years after leaving as a toddler, to launch HeyAnita Korea, a voice portal (think Siri over landlines), with Jimmy Kim (my cofounder at SparkLabs Group) and fresh money from Softbank. That same year I met David Moon, who became a good friend, and learned he was working at a startup, founded by a first-time entrepreneur Beom-Su Kim, called Hangame. Hangame was a Korean online gaming company that pioneered microtransactions through casual games. When I worked at a boutique investment bank in Hong Kong, both Hangame and Nexon became my clients in 2001, so I became further engaged beyond my personal relationships.

Hangame was charging users a fee of less than a dollar to do things like extend playing time, get power-ups, and host private group games for its stable of casual online games, such as Battle Tetris, blackjack, chess, and pool. In 2001, Hangame’s revenues hit $30,000 per day on micropayments of 50 cents on average. Within a year, that number had risen to $80,000, and by 2004 revenues per day exceeded $254,000 and accounted for more than $93 million for the year. The in-game currency people had to purchase was called Hancoin, and by this time over 50 percent of the population was using Hancoin and becoming conditioned to the alternative reality of virtual currencies.

Over 25 million of South Korea’s 50 million population became comfortable with the notion of a virtual currency having real value and the ability for people to earn money through trading platforms and black markets. It was a real tangible asset for many Koreans even to the point where grey markets were becoming rampant. As early as 2001, Korean gangs were creating trading businesses around Hangame and Hancoin.

I asked David Moon to recall the story he told me the first 17 years ago: “We first realized Hancoin had become liquid in secondary markets around the summer of 2001. One day a contingent of square-headed gangsters barged into our offices, back when we only had about 20 employees, and proceeded to throw fire extinguishers around and kick over water coolers. They claimed to have come on behalf of some disgruntled users and demanded that we reactivate dozens of accounts that had been suspended for suspicious activity. When we got over the shock of the incident, I could only marvel at how enterprising and tech-savvy even gangsters were in Korea.”

During 2001, Hangame merged with Naver, Korea’s leading search engine, to become Korea’s leading Internet company, NHN Corp (which is also the parent company of LINE, which recently announced it is launching a cryptocurrency exchange). David Moon eventually became Head of Corporate Development at NHN. Beom-Su Kim would eventually become CEO and then leave in 2009 to launch Kakao, Korea’s leading mobile messaging platform.

This merger made Hancoin even more ubiquitous as this virtual currency would become the foundation for South Korea’s cryptocurrency craze. This is a nation where virtual trading, of items and currencies, has been in existence for over 20 years. Two generations — maybe three — have been comfortable with this idea of virtual currencies. So it’s no surprise Koreans have been so quick to invest in cryptocurrencies.

Last year, South Korea was the third largest market for Bitcoin trading and the largest market for Ether trading in the world (it accounted for at least 35 percent of Ether’s global trading volume). The country has also been quick to adopt the tech powering such currencies. Large companies from Hyundai Motors to Samsung have integrated blockchain technologies in their enterprises — and these are not just pilot projects. While government officials in South Korea hammer out and hopefully will soon define a regulatory framework for cryptocurrencies, the people and companies of South Korea have become the doers of the crypto world.

I believe that, once again, South Korea is a global trend indicator for the permanency of a new technology. From online microtransactions to social networking to camera phones, cryptocurrencies and their underlying technology, blockchain, are here to stay. The pump-and-dump schemes we’ve been seeing with cryptocurrencies, and the short-term mindset many investors in this space have — will pass. Especially once major nations (top 20 OECD nations) launch their own cryptocurrencies and major institutions become truly active within this market. I believe most alt coins will disappear and only the top 10 to 20 will remain, alongside national cryptocurrencies. Then they will become as commonplace as mobile phones and a Neymar injury in a soccer match.

Why NHN’s Hancoin is the ‘Godfather of Korea’s Crypto Craze’ and Why it Signals Crypto Forever was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

Rearmed Pillage People Ride Again

Back in 1990, Gilbert Hyatt invented the first single-chip microprocessor, which earned him a lot of money, so he moved to Nevada, which has no state income tax. California’s Franchise Tax Board (FTB) claimed Hyatt lied about his residency, and that he owed millions in state income taxes. Despite a 2008 ruling in his favor by a Nevada court, FTB snoops kept after the inventor. By the time his case arrived at California’s Board of Equalization last August, the FTB was claiming that interest had run up Hyatt’s tab to $55 million. Trouble was, a 3-2 vote by California’s Board of Equalization determined that Gilbert Hyatt was indeed a Nevada resident when state tax collectors said he lied about his residency. So the BOE waived $5.7 million in fraud penalties and $5.7 million in taxes from 1992, That left Gilbert Hyatt with a 1991 tax bill of $1.9 million, including interest, a far cry from $55 million. California’s pillage people didn’t like it and are now deploying in new uniforms. 

Governor Jerry Brown and the legislature gutted the BOE and empowered the Office of Tax Appeals, a new state agency. As Dan Walters of CALmatters reports, “the FTB is now trying to persuade the new agency to reopen the residency case.” So Hyatt, who turns 81 this year, may be in store for more harassment on top of the many years he already endured. And he may not be the only target. As Walters also notes, in June the U.S. Supreme Court “granted the FTB’s petition to decide whether Hyatt’s successful harassment case in Nevada courts is valid.”

New federal tax law limits the deductibility of California’s state income tax, highest in the nation. Many will surely flee to low-tax states and Nevada’s ruling in favor of Hyatt shows they will be welcome. That displeases California’s rearmed pillage people, not exactly a gang of good losers. How this all shakes out for the tax refugees and Mr. Hyatt is uncertain, but for taxpayers some realities are clear. 

Creating an innovative product people want to buy can earn an inventor lots of money. Those who want to keep most of the money they earn are not displaying greed. Greed is what motivates politicians to punish the productive with the nation’s highest taxes. Greed is what motivates state agencies to waste millions of dollars pursuing revenues to which they are not entitled. As California’s militant Franchise Tax Board and Office of Tax Appeals confirm, government greed is truly fathomless. 


K. Lloyd Billingsley is a Policy Fellow at the Independent Institute and a columnist at The Daily Caller.

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How to Trade the News with Consistency

Trading is a form of gambling. Sure, there are differences, but at the end of the day each trade, each management decision, each scale-out, each scale-in are all “guesstimates” of the best course of action – given the information at hand up to that point in time.

If we can agree that trading is a form of gambling, then News Trading is probably the most aggressive gamble of them all. And yet news trading seems to be a magnet for the typical retail trader, especially Non-Farm Payrolls.

Our goal at FXRenew is to lead by example. We have deployed our own Newsflow trading model with the objective to illustrate  good practices to follow, if you wish to trade news events. Here is our solution for trading the news with consistency.

Be Prepared

The first mistake that most retail traders make is that they only follow their charts, without doing any fundamental analysis. However, charts can be misleading. What we suggest, in order to tackle the news properly, is to conduct some quick & easy analysis beforehand:

  • What is the market expecting? By knowing what the consensus is, you’re in a better position to understand how logical the market’s reaction is. Did the actual print beat consensus? Or was it a miss? And how big was the beat or miss?
  • Does the consensus make sense? We use a combination of leading indicators as proxy measures, to help us understand whether the market is pricing in good information, or whether the consensus print is out of whack. You can find out how we structure our news trade plans here.
  • Prepare scenarios, and don’t overthink it!  It doesn’t take a Masters degree in Economics to do this work, just some common sense. As retail traders we need to remain as efficient as possible given our time constraints. Here is what we were saying ahead of  Canadian CPI & Retail Sales last week:

Since we started our Newsflow Model in September 2017, our proxy analysis has been on point around 60% of the time (despite past performance is not indicative of future results). We only trade the news events that offer the most volatility:

  • Central Bank Decisions & Minutes
  • CPI releases
  • Retail Sales
  • Employment Reports (with the exception of Non-Farm Payrolls)
  • GDP Reports

React, Don’t Anticipate

The second mistake most retail traders make is to jump in the market before the news is released, because of some chart pattern or other belief. We need to stress this point: no matter how good your analysis is, or how good your technical knowledge is, entering the market ahead of a news event is a 50-50 shot. It’s actually less than 50-50 if you consider slippage and extreme volatility.

Our solution is to react to the data. We use the market’s immediate knee-jerk reaction (which is algo-based nowadays) to evaluate:

  • How the market was effectively positioned going into the event. If the market sells off on good news, the market was probably already in an uptrend going into the data, and is taking advantage of the news to “sell the fact”. If instead the market holds onto gains and accelerates, there was evidently a chunk of participants  that still had to jump aboard for the ride.
  • Whether the deviation from consensus was strong. We went through extensive analysis in order to understand the kind of deviation (actual print – consensus) that has moved the market in the past. However, there isn’t a durable direct correlation between deviation and market movement. We like to wait for the market to react and validate our analysis.

Maintain a Sound Mind

The last bad habit that most retail traders have is emotional instability when confronted with outsized moves. Here are some of the comments we have seen during the years:

  • Wow what a move! The market is up 50 pips! It really liked that CPI number and is headed for the moon! This trader is evidently letting his emotions distort his expectations. The market cannot move too far, too fast. The kind of news event and the deviation offer a context for logical expectations. We are never emotional in our decisions.
  • Wow what a move! The market is up 50 pips! If I can just get 5 pips out of the whole move, with massive leverage, that’s serious money! This trader is making 2 mistakes: he has no appreciation for risk limits, and is also focusing on the money instead of the process. 
  • Wow what a move! The market is up 50 pips! It probably can’t continue any longer so I’m going to fade this baby! This trader expects every outsized move to be followed by some kind of mean-reversion. Once again, the kind of news event and the deviation offer a context for logical expectations. We should never be emotional in our decisions.

Our work is directed towards assessing the conditions that can drive continuation after a news event. Here is what happened on Friday’s Canadian data dump:

We Lead by Example

It should be clear by now why our signals are built with an educational slant.

Many aspiring traders seek trading tips, trading signals or expert-advisor generated signals in order to copy them without any consideration for the “engine” that generates the trades, the risk-adjusted returns of the model  and often have no intention of learning anything about the markets as well!

Traders that do not invest in their own education, and actually want to learn how the markets function and how to “play the game” consistently will have a hard time. Unless you have:

  • the same degree of risk aversion
  • the same preparation
  • the same strategy

you cannot understand why we are trading a particular instrument at that particular time, and why our stop loss is positioned at a certain distance from entry.

This is why we exist. Through our trading signals, not only do you get trades with an edge, but you also get to be exposed on a day-to-day basis to the thought processes and methods of some of this generation’s premier traders. And you get this in the context of a complete trading frame-work that teaches you all the elements of successful Forex trading – as any good trader will tell you, the actual entry is only about 10% of the equation.

Also, given your risk appetite and objectives, you can modulate your position sizing. This gives you a significant advantage over using some form of copy trading service or managed account because you retain control of the elements of your trading strategy that generate the returns. It’s the “how much” you trade that matters, far more than your actual entry. Think about it. Emulate the practices of top traders:

  • Carefully construct your position-sizing model to achieve your objectives
  • Have a comprehensive risk management frame-work
  • Swing big when the stars align

If you give up these elements, then you give up much of the power in your trading. Instead it’s much better to follow and model the practices of experienced practitioners who have, over the years, mastered this practice on a very subtle level.  Finally, we want you to understand what we’re doing. The role of the Trading Tribe is to act as a support group for the traders involved. As another Market Wizard said, “trading is 100% psychology” and it’s being a part of our group that you can understand, inquire, and learn why and how we do what we do.

Over to You

Our NewsFlow Signals are  an efficient way to confront selected news events with little time commitment, while you educate yourself – through immersion with our team – but that’s not the whole story. By being curious and embracing the trading tribe concept (pioneered by Ed Seykota, Market Wizard) you gain access to information.

Even Bill Lipschutz, “the Sultan of Currencies” admitted that “Foreign Exchange is all about the flow of information”. It’s difficult to compete with traders who can:

  • Source trades through a mixture of technical and market factors, using proprietary trend and mean reversion models to aid in the decision making process.
  • Through his contact network, acquires market and analytical information.
  • Brings together technical, fundamental and information based insights to generate trade ideas.

So why not “outsource” your entry and exit rules to the people in a better position to provide accurate and timely trades? Free yourself of any mental constraints that limit your performance, and use the advantages available to you.

Your trading will never be the same, for the better.

About the Author

Justin is a Forex trader and Coach. He is co-owner of, a provider of Forex signals from ex-bank and hedge fund traders (get a free trial), or get FREE access to the Advanced Forex Course for Smart Traders. If you like his writing you can subscribe to the newsletter for free.

The post How to Trade the News with Consistency appeared first on FX Renew.

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How to become a crypto ninja

Forex stock trading

Although the implementation of cryptocurrency has been planned and discussed for several years, its usage has only exploded in recent times, together with the evolution of the digital era.

Many refer to these ages as the ones of the Bitcoin Boom, as, its creation, has completely disrupted the trading activity. Bitcoin, indeed, can univocally be considered as the pioneer of all cryptocurrencies.

The benefits of cryptocurrencies can be mainly summarized in a couple of points, aimed to free the World from banking systems and allow more secure transactions.

With this kept in mind, investing in cryptocurrencies appears to be a great opportunity, as every crypto transaction is safely recorded with the help of the Blockchain technology.

If you have thought many times of getting involved into this Digital Currency Boom but you haven’t done anything about it yet and you don’t know where to move your first steps, this article is for you.

What we want to see today is: How to become a crypto investor? What are the options and the opportunities that this activity involves?

The first crypto step to make is certainly creating a crypto wallet. We know that cryptocurrencies are all digital but, at the end of the day, your crypto coins and crypto bills also need a crypto wallet.

Crypto wallets allow you to store, control and have the complete ownership of your Coins, and give you the chance to monitor your balance and make transactions in total security.

Creating and managing a crypto wallet is very easy, but keep in mind that the options are many and, in most cases, experts suggest to mix the use of different wallets together, as each one of them has its own peculiarity.

According to your purposes and your preferences, you might decide of using:

Wallet applications,

Desktop wallets,

Online wallets,

Hardware wallets or

Paper wallet.

1Wallet applications are generally the ones that everyone prefers at beginning of a crypto trading career, as they are easy to use, they usually have a friendly interface and, most of all, they can be carried around and consulted in every moment.

2 They differ from the desktop wallets. These ones, as you can easily understand, are only accessible from your computer. You can easily download them and they guarantee you a higher level of security.

3Online wallets can be accessed from any device provided the Internet connection.

4 On the other hand, if you don’t want to depend from your network, you can opt for a hardware wallet, that can work perfectly offline.

5Another offline option is represented by paper wallets, that allow you to print out your Bitcoin private keys and that can be a safe solution against hackers.

No matter what wallet you decide to go with, the opening process might be similar for the majority of them. All you need to do is create your crypto account, link it to your card and you are all set!

Don’t forget that the wallets you choose depend on the currency you want to trade. Among all, Ledger Nano S is considered the best for Ether exchange, while Coinbase is recommended for Bitcoin.

Of course, the choice of which currency to trade is subsequent to the one of which market to trade in.
You can’t trade crypto on the Forex stock exchange but the choices are still many – more than 250!

1One of the options is Binance, that ensures secure transactions and low charges. Binance presents the highest trading volume, compared to the other crypto exchange markets, and is used by over seven million traders.

2Another important crypto market is Bitfinex, which is also used by several millions of people from all over the world and it has been the largest Bitcoin exchange platform for four years already.

3A third option could be Exmo, that advertises fast deposits and rapid withdrawals, together with promising the lowest commission fees on the market.

The identification of the right crypto exchange market strongly depends on the currency you decide to trade.
We have mentioned Bitcoin before, as it is certainly the most well-known among all digital currencies.
Of course, however, Bitcoin it is not the only one available in the market. Other cryptocurrencies are Litecoin, Ether and Ripple.

Litecoin was introduced with the purpose of offering a better, cheaper and faster option than the Bitcoin, but, substantially, does not differ much from the cryptocurrency pioneer.

Ether is the token used as the cryptocurrency of the platform Ethereum. The main peculiarity of Ethereum is that its blockchain technology concentrates on running the programming code of any decentralized application.

Ripple was launched in 2012 and it differentiates itself from the other cryptocurrencies because it is the only one that is connected to legitimate banks, such as Santander, Bank of America and UBS.

The general rule to make sure you are going to the right direction at every turning point you meet is to do your research carefully avoid lesser-known options, in order to avoid frauds and platforms that are easily hackable.

Any questions or concerns? Ask our team in Telegram community!

AITrading links




Medium Blog

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Telegram channel




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How to become a crypto ninja was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

5 Ecommerce Marketing Strategies Your Business Needs in 2018

Forex stock trading

So you have your e-commerce website live on the internet, well done, but what’s next? You need to have a strong marketing strategy that no one can compete with. You need to be visible to your potential customers in order to make a sale. Online store marketing strategy is way different than that of mortar and stone one. A right marketing strategy can make you a fortune.

Let’s have a look at 5 e-commerce marketing strategies that your business needs in 2018.

1. An attractive website which is easy to navigate

Your store is online and thus it has to look attractive to make the 1st impression on your new visitors. Create a website which speaks for itself. The website should have a constant layout for all pages. Don’t choose bright or dark colors to make certain content eye catchy as that may be eye troubling.

A very important thing is to build a website which is user-friendly and easy to navigate. When a customer visits your website, he should be able to easily find the product he is looking for.

Now, being an e-commerce website, your site may have thousands of pages and many more must be added every day. Thus, it is important to manage these product pages. Make sure you segregate products into proper categories and subcategories. Now, once the categories are decided, add links to these category pages in the menu. The menu should have access to all the main category pages and these category pages should lead to product pages.

Your website home page should have accessibility to all the product pages easily either through the menu or through tabs and banners. On the homepage, you can add banners and sliders to flaunt discounts and offers that you are offering.

2. Create Good content

As said, ‘Content is King’. Your website must have good unique content that describes your online store and products. Do hire a good content writer to write content for your website. The content has to be unique, easily readable and informative.

Since you are selling products online, every product should have a product description which specifies every small detail about the product. Add a review section where your customers can rate and reviews your products. Your customers read the product description, checks the reviews, check images of products before making a purchase decision.

Blogging is always a good idea to add content and promote it. You can have a blog on your website wherein you can write blogs related to the products you are selling. Share these blogs on various social media platforms. Blogs can even pull some buyers to your website.

3. Don’t forget SEO

You have a website but what if your customers cannot see it on Google’s 1st page because your competitors have already occupied spaces there? You must be seen in order to get traffic to your website.

If you are thinking that creating a website is enough for your e-commerce business then you are wrong. After the website is developed and live on the internet, it needs to be optimized for search engines. SEO that is search engine optimization makes your website organically visible on search engines. Make sure you identify the right keywords and make a proper use of those keywords into your content. Draft Titles with proper keywords and Meta Descriptions that attracts customers to click on your website. Your website needs both on-page and off-page optimization to make it search engine friendly.

Getting too technical?

Better to hire Ecommerce SEO Agency to work on your e-commerce website search engine optimization.

4. Brand awareness through social media

Your store is new and isn’t popular yet. Thus, you need to work on the branding of your store. Social media platforms are best to start with. Create a business page of your online store on Facebook and Instagram. Also promote your store through LinkedIn, Twitter and other social media portals. Social media is a great place to communicate with your customers and market directly.

Post regularly on your page with attractive images exhibiting your products. Interact with people who comment on your post. Join groups and discussions wherein e-commerce business owners are involved. You can even run some contests and announce giveaways to spread a word about your new online store. Giveaways are always best to increase your page likes and followers, also, your brand will be known to many.

You can even hire Social Media Marketing Experts to do marketing for you as they can bring results faster.

5. Retargeting to bring your customers back

Many customers visit your website and leaves without making a purchase. Now, retargeting will help you to bring those customers back.

Retargeting is a form of online display advertisements where Ads are displayed to your buyers after they bounce from your website. Retargeting tracks your customers to see which products they have recently viewed on your website and when they leave your website, display ads of your product is shown to them when they are browsing on the internet.

For example, if a person has been checking Nike shoes on your website and he hits back to browse something else on other websites, Nike shoe Ad will be displayed to him which on clicking leads him to your website again. Thus, you will get your customer back and this time he is more likely to make a purchase.

Isn’t this, Great?

These 5 marketing strategies are guaranteed to get more traffic to your website. An attractive and user-friendly website will be the 1st impression of your store. Make sure the 1st impression is best. Unique and relevant content can add a lot of value to your website. SEO is a must do the strategy that you shouldn’t skip as it is the only way to rank in Google organically. Make use of social media to spread a word about your new online store. Retargeting should be opted to bring back the lost customers.

5 Ecommerce Marketing Strategies Your Business Needs in 2018 was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.

Top 10 Health & Fitness App Developers in India that follow Latest mHealth Trends

Forex stock trading

Smartphones have formed a new communication network among healthcare service providers and patients. With hardware advancement and innovative applications, smartphones enable better coordination, diagnostic accuracy, and build confidence.

In a developing country like India People are increasingly using healthcare mobile applications to accomplish their health and fitness goals. Following the trend Indian health industry is never left behind and offering innovative mhealth solutions from fitness apps to medical assistance application for better patient-care and well-coordinated healthcare providers. From measuring your body mass index, to motivating you to walk an extra mile, reminding you about your medicines, these health and fitness apps go a long way in improving your health.

Projected size of India’s mHealth devices and services market from 2014 to 2020 (in million U.S. dollars) Source

For 2020, it is expected that the mHealth services market in India will be worth some 655 million U.S. dollars.

Indian Ranks Among top 5 for mhealth related Searches –Source


Driving factors for patients and providers to adopts mHealth solutions


Considering the sharp surge in use of health and fitness apps in India, Indian tech giants and healthcare organizations are continuously working on healthcare app development to insure their big chunk in growing mhealth market India. For rolling a features rich mobile application you need an experienced mobile app development team with deep understanding of the domain and demography wise medical regulatory compliance.

Popular Categories in Healthcare and Medical Mobile App Solutions


Given below are the Top 10 Health and fitness mobile app developers in the India

Mind Inventory

Mind Inventory is a premier health and fitness app development solution provider. The mobility solutions offered by Mind Inventory can benefit your healthcare and fitness business in a big way. From hospital management apps to fitness apps, whether you own a multi-specialty hospital or you have a small pathological lab or you are a health consultant, you can get feature rich apps developed to streamline your work and enhance your overall work proficiency.

Headquarters –Ahmedabad, India

Expertise: Health & Fitness App, AR& VR Apps for Surgeons, Mobile Apps for Hospital,Nursing Homes, Small Clinics and Pediatric Centers, Schedule Management App for Doctors & Patients.

Octal IT Solution

When it comes to health and fitness mobile app developers in the country, Octal IT solution rules the roost. They apply Agile Development process in app development in order to ensure quality work within promised time frame. The solutions are HIPPA compliant and customized as per industry needs. The healthcare and medical apps developed by company can help you ease business work flow and offer utmost accuracy to improve overall patient care. They have an excellent list of testimonials of successful app in health and fitness industry to prove their forte in the field.

Expertise: IOT Health Solution, Health and Fitness app, Diet Planner App, Wearable App, Nutrition App, HIMS, LIMS, ePrescription App, Chronic Disease Mobile App, Telemedicine App, EHR Apps, Patient Communication App and more…


Space-O-Technologies offer complete app development solutions for your health and fitness businesses. From future ready Augmented Reality and Virtual Ready health and fitness apps for your Android and iPhones to hiring developers to meets all your unique needs, Space-O-Technologies offers unsurpassed highly efficient mobile app solutions. Their highly experienced app development team presents robust app solutions according to customized requirements of healthcare sector. Basically, increase in growth in health and fitness industry has propelled need for innovation and this has led to development of world class apps.

Headquarters –Ahmedabad, India

Expertise: Multi- Purpose Health & Fitness Apps, Weight Loss app, Fitness Training Log Apps, Exercise Tips Apps, Marketing App for Fitness Business, Social Networking Fitness Community Apps


Appinventiv is a top-notch mobile app development company which will offer you state-of-the-art health and fitness mobile apps as per your budget and needs. Due to its in-depth technical knowledge and experience in the health and fitness industry domain, it is able to offer an estimate to the client before developing the app. From small startups to big giants, Appinventiv offers superb app solutions to expand your ROI and augment your brand visibility.

Headquarters –Noida, India

Expertise: IOT, AR-VR, Health and Fitness App, IOT App development, medical insurance claim apps, laboratory management apps, Electronic Health Informatio Exchange apps, E-prescribing apps, EHR apps


Peerbits offers outstanding app solutions to make better medical care as well as patient services. The health and fitness apps developed by Peerbits work well, look good and offer amazing functionality. Peerbits boasts of an experienced team of app developers who specialize particularly in health and fitness apps. The apps are developed in complete compliance with local as well as international rules as well as regulations. Confidentiality of the app user is duly maintained. Peerbits facilitates seamless connection between app users and the healthcare providers.

Headquarters –Ahmedabad, India

Expertise: Remote Healthcare, Health & Fitness Apps for Android and iPhone platform, HIPPA Complaint Apps, Wellness Apps, Wearable apps, workout app, activity tracking app, nutrition app

Mobisoft Infotech

MobiSoft Infotech specializes in HIPPA compliant healthcare apps which are all set to fully digitize the health and fitness sector. The expert team of Mobisoft Infotech is fast making it a preferred technology partner for healthcare giants. Company follows a patient centric approach in their app development endeavors. Due to partnership with healthcare tech development accelerators such as JLABs and TMCx Mobisoft ensures quicker product launches. They even take pride in working with complex EHR systems such as Cerner and Epic.

Headquarters –Pune, India

Expertise: Health & Fitness Apps, Real time Data Syncing, Medical Sensor Integration, Wearables App Development


Mobibiz is a well-known name in health and fitness app development. It builds apps to enhance the level of patient care regardless of place and time. Apps are made for all players in the industry such as clinical labs, hospitals, pharmacies, patients, insurance providers etc. Highly professional team at Mobibiz ensures to infuse mobility into healthcare and build app solutions in accordance to specific needs of the clients. The app is enriched with all the right features relevant to the industry. The apps made by Mobibiz focus on different element of health industry such as patient education, delivery of collaborative care, virtual consultations, virtual appointments, maintenance of patient records etc.

Headquarters –Gurgaon, India

Expertise: Health & Fitness Apps, Dosage Calculators, Patient Referral programs, Location Based Tracking, Remote Consultations, Remote Health Monitoring


For custom health care app development, Mobiwebtech is the name to reckon. It has completed more than 450 projects so far. Boasting of an illustrious client base, Mobiwebtech offers healthcare solutions which are patient centric, integrated and outcome based. They hold complete in-depth knowledge of regulatory compliance such as CCHIT, HIPAA, and MU etc. Also, solutions are made in accordance to healthcare standards such as ICD-10, HL7 and XDS-I. From medical app development to patient engagement apps, hearth rate tracking app, yoga app and medical software development, Mobiweb will offer you all.

Headquarters –Indore, India

Expertise: Health & Fitness Apps, mHealth Solutions, Yoga Apps, Patient Engagement Apps, Heart Rate Tracking apps

Perception System

For affordable health and fitness app solutions, Perceptionsystem is your best bet. The company is known for its innovative solutions and extensive domain expertise. The touch technology solutions offered by Perception System is transforming volume based healthcare to value based healthcare. A lot of focus is made on personalized as well as high end treatment needs of the patients in healthcare domain. The company understands all your needs and tenders a solution accordingly regardless of the fact whether you need enterprise app or a regular app for your users.

Headquarters –Ahmedabad, India

Expertise: Fitness Tacking Apps, Medical Education Apps, Healthcare Billing Management Apps , Healthcare App Maintenance and support, Clinical Imaging Solutions, Health Insurance Apps, Pharma Management Solutions.


With 13 years of experience on mobile healthcare solutions, Scnsoft specializes in offering you task driven health and fitness mobile applications. You can have apps to automate your everyday clinical routine to monitoring of staff performance. They build apps to save time with reference to medical tasks. Mobile apps that simplifies diagnosis, treatment and after-care are part of ScienceSoft’s portfolio. Data protection is an integral feature of healthcare mobile apps developed by ScienceSoft

Headquarters –Noida, India

Expertise: Apps for Disease Detection and Medical Incompatibility, Care Coordination App, Chronic Disease Management Apps, Fitness App, e-Rx mobile apps, HIMS apps


So, these are the top ten leading healthcare mobile app developers in the country. If you hand over your health and fitness app development tasks to any of these vendors you can be sure of an excellent product as per your need.

Top 10 Health & Fitness App Developers in India that follow Latest mHealth Trends was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.