To start with, I would like to explain what I do and why. Current analytics of future events, which is used by traders, investors, financial and political analysts, is derived from the same knowledge, insights, and experience of a reasonably limited number of specialists.
Our team works hard to make a new type of prediction market possible. We created our own financial, political and sports indicator — The Crowd Indicator (Cindicator). It uses the principles of the scientific and math truism “The Wisdom of Crowds”, which in 80% of cases allows us to get more accurate predictions from the diverse group of people than from individual experts and professional analysts. Cindicator provides valuable, independent and accurate forecasts and signals for traders, analysts and individual investors connecting them to the collective wisdom of the crowd.
Every day analysts add to the platform new questions about the most relevant global and local events that have a significant impact on the financial and political markets. As a part of our experiment, we decided to open a demo account and to trade using our indicator only. We do not want our readers to follow it blindly or to make trades using crowd indicator only. Our aim is to provide an additional signal to traders, investors, analysts and other people who are interested in financial, sport and political predictions.
I would like to share with you the examples of our deals. If it wil be interesting for Steemit audience, I will continue to publish the rest of our trading.
Apple Inc. was expected to reveal its financial results for the fiscal third quarter after the close of trading on Tuesday, July 26. Here is the question that had been published a few days before earnings report was released:
Apple Inc. (AAPL) is set to report Q3 2016 results on Tuesday, July 26 after the market closes. Wall Street is expecting earnings per share (EPS) of $1.40. Will Apple report EPS above Wall Street Consensus?
According to Cindicator users, the probability for Apple to beat analysts’ expectations was 60 percent. Therefore, we had bought 1000 shares of Apple Inc. at $96.68 before the market closed on Tuesday, July 26.
Our users gave us the right signal and Apple reported better-than-expected earnings. The stock surged in post-market trading. We sold 800 shares of Apple at $101.58 for $3920 profit (more than 5%). We left 200 shares overnight as our analysts thought that AAPL would be trading higher next day. We sold 200 shares at 104.45 in pre-market trading.
Overall, gross profit was more than 5.6% (almost $5,500) in less than 24 hours.
Happy Trading,
Mike from Cindicator
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