The promise of the electric vehicle (EV) revolution has caught the attention of investors and set stocks in electric vehicle developers soaring — in some cases, before they have even produced a single car.
XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People’s Republic of China. The company’s products also include autonomous driving software system. In addition, it engages in the vehicle wholesale and retail activities. The company was founded in 2015 and is headquartered in Guangzhou, the People’s Republic of China.
5 Wall Street analysts have issued ratings and price targets for XPeng in the last 12 months. Their average twelve-month price target is $34.23, predicting that the stock has a possible downside of 20.20%. The high price target for XPEV is $43.00 and the low price target for XPEV is $25.00. There are currently 5 buy ratings for the stock, resulting in a consensus rating of “Buy.” …
The answer is that they are not really competing concepts.
Kind of like Batman and Robin. They’re both heroes on the same team.
The problem is that most traders misunderstand this. They think they must choose one or the other.
Here’s how it actually works:
Fundamental analysis tells you which currency pair to trade, when to trade it and in which direction.
Technical analysis tells you at which price to enter and exit your trades.
The big mistake most traders normally make is that they try and do everything depending on the news.
They are literally risking their money because a news article tell them what to do with their money …. It sounds insane when you think about it. …
If you’ve bought and sold cryptocurrency in the last calendar year, it’s time to start thinking about the impact this may have on your income tax return. Whether you’ve made a profit or a loss trading cryptocurrency, you’ll need to declare it in your annual tax return.
In Canada, cryptocurrency is generally treated as a commodity, which means it is taxed as either income or a capital gain. It’s essential that you understand the tax consequences of your specific situation when it comes to buying, selling and trading crypto. …
There are countless ways to profit off of trading cryptocurrency as a trader. Trading strategies help you organize those techniques into a coherent framework that you can follow. This way, you can continually monitor and optimize your cryptocurrency strategy.
The three main schools of thought you’ll need to consider when building a trading strategy is technical analysis (TA), fundamental analysis (FA) and EngineeringRobo. With a solid trading strategy that you will get from EngineeringRobo , you’re more likely to achieve your trading and investment goals.
Since there are many different trading strategies, we’ll cover some of the most common ones. This article mainly focuses on cryptocurrency trading strategies. However, these may also apply to other financial assets, such as forex, stocks, options, or precious metals like gold. …
Learning how market cycles operate can be extremely beneficial to your trading, understanding the true influence of fear and greed.
But… Controlling your emotions within the market is your main ‘personal’ objective, becoming an emotionless trader. It’s what we’re all told from day one right?90% of trading is purely psychology. It is the main reason why so many traders fail as they let their trading become over-ruled by their emotions, thus making irrational decisions.Many traders will never overcome their inherent emotional biases, therefore you should seek to understand the range of emotions we may experience as investors and how it affects our interactions within the market.The psychology of trading defines a specified range of emotions that an investor can go through while making an investment decision. …
Money is an essential part of every functioning adult’s life, and learning how to manage it starts in understanding some of its vital concepts.
Here are eight financial terms that you should know if you’re hoping to achieve financial independence someday.
These are not necessarily your textbook definitions, but more of a practical guide in appreciating how money really works.
Assets are anything that you own.
It’s the clothes that you’re wearing now, the cash in your savings account, the investments that you have, and everything else that has your name on it.
All assets have an equivalent monetary value because, except for cash, these are practically things that you can sell. …
EngineeringRobo needs your help to continue growing into an trading algo markets. Being an early user and supporter, we would like to ask you to consider becoming an EngineeringRobo Shark.
As a Shark, your task will be to look after and help EngineeringRobo grow. At the moment, we need help in the following areas:
🔵 Help new users use EngineeringRobo
🔵 Respond to users’ questions and comments on your social media accounts
🔵 Test and give early feedback for beta versions
🔵 Assist in organizing online and offline events and meet-ups in your area
🔵 Help EngineeringRobo maintain and moderate online and offline…
There are now over 200 robo-advisors available in the world, and more of them are launching every year. All of them provide different combination of investment management, and overall financial strategies.
Most of Robo-advisors are online wealth management firms that take your money and help you put it into low-cost Exchange-Traded Funds (ETFs). When you first sign-up with them, you are generally required to answer a series of questions that are designed to generate your financial profile and categorize you based on your risk tolerance. A portfolio that matches your needs is then created and your funds are invested.
Nearly 60% of US consumers expect to use a robo-advisor by 2025, according to research from Charles Schwab. Additionally, 60% of current robo-advisor users are millennials, who are expected to have $20 trillion of assets globally by 2030, per CB Insights. As that wealth grows, more money will likely flow into digital wealth managers, especially as they often offer such services at a cheaper price than incumbent wealth managers. …
Trading cryptocurrencies isn’t easy. This is because unlike stock markets, cryptocurrency markets don’t close, and this presents a very stressful scenario for both casual investors and seasoned traders in the industry.
The cryptocurrency market is also very volatile. If you’re a crypto investor, you’re probably familiar with the (sinking or pleasant) feeling of waking up to massive losses or large gains in your portfolio.
So you need a strong tool that gives you an edge. That’s why we created EngineeringRobo.
There are now over 400 Algorithmic Trading Robots available in the world, and more of them are launching every year. All of them provide different combination of buy and sell signals for Forex, Stocks, Commodities, Future and Crypto. …