Network
What does the Arincen network contain?
Arincen brings together experts and traders from around the world to exchange signals and analyses. The network is user-friendly, enabling you to follow signals and analyses, as well as your favorite experts. Furthermore, you can receive notifications each time new signals and analyses are published. Finally, you can keep track of the statistics belonging to each expert so you can better understand how they trade and what their historical performance is.
How can you follow an expert or a trader on the Arincen network?
This is very simple. You need to press the Follow button at the top of the personal field of the expert and/or trader. This, in turn, will enable you to share in the signals and analyses of that person.
How can a signal be read?
You can determine the instrument, signal type and how to share that signal at the top of the page. Moreover, you can see the chart supporting the expert’s arguments and associated explanations, as well as the take-profit points and stop-loss. It is noteworthy that in cases where a certain take-profit level is reached, the color changes to green. You can also follow closed signals, whereby it would be indicated that the signal has been closed along with showing the closure time. Finally, profits are updated at all times, as are prices.
How to read a piece of analysis?
The direction the expert has chosen will appear, in addition to the chart supporting their analysis and explanations. It is noteworthy that the analysis does not determine an entry point. As well, analysis can contain a scenario and an alternative scenario.
What kind of experience do those posting analysis and signals enjoy?
There is a wide difference in the level of experience among users of the Arincen network. While some enjoy extensive experience, others have medium-level experience. Meanwhile, those that have acquired the Pro badge are not simply more competent traders, but have submitted a request to get the Pro badge and have backed it up with supporting evidence of experience and expertise. To facilitate your decision-making process, you can glance at the expert’s stats over time and then determine if they are worthy of your following.
What does it mean to follow an analysis and how does the user benefit from it?
When following an analysis, you will be notified each time experts have updated it. This is a unique feature that enables experts to update the analysis after something urgent has occurred, with possible ramifications on the soundness of their previous analysis.
What is the Pro badge and what is the VIP badge?
The Pro badge means that the person is considered an expert in the field and enjoys a large following. The VIP badge means that the person has paid for an Arincen subscription.
What does the private file for each user contain?
It contains the name and a short bio about the user that can be then edited through the Settings button. Users can also set the markets in which they are active, as well as their most traded assets. You can also gain visibility to the analyses and signals published on Arincen, in addition to the different stats for each expert. Finally, you can find the points made from closed signals and current points for open signals. This is in addition to the reputation and monthly ranking, which are affected from contributions to the network, such as published signals and analyses, likes received or comments made.
Which assets can you tap into within the Arincen network?
Arincen offers all currencies, in addition to 500 cryptocurrencies and all commodities, such as gold and oil. Finally, there are more than 10,000 US stocks.
What does it mean to receive a like or a dislike?
If you agree with a piece of analysis, then you can press the Like button. By contrast, if you don’t agree with that analysis, you can dislike it. It is noteworthy that by disliking an analysis you are not making a derogatory comment about it. Rather, you are simply disagreeing with the gist of arguments in the analysis.
By pressing Play, you can see the results after the signal was issued, as well as how the price has moved over time.
The profit for each signal is linked to several factors, including entry and current price, as well as quantity in the case of stocks, indices and cryptocurrencies, whereby the quantity is automatically determined by the price of the instruments as shown in the table below:
|
|
20k$
|
20k$-10k$
|
10k$-1k$
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1k$-100$
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100$-50$
|
50$-10$
|
10$-1$
|
<1$
|
|
Stocks & Indices Amount
|
1
|
2
|
5
|
50
|
100
|
150
|
200
|
1000
|
|
Crypto Amount
|
1
|
2
|
5
|
5
|
10
|
20
|
100
|
1000
|
For example, if the expert decided to publish a signal for Bitcoin, then the predetermined amount is one. By contrast, if he were to publish a signal on Apple stock, then the predetermined amount would be 50. Take profit is equal to (current price – entry price) * number of shares.
To put things in context, in the case of Bitcoin, say the expert published a signal to enter at the price of $20,000 and the current price is now $22,000, then the profit is (22,000-20,000) *1 = $2,000. As for Apple stocks, say the entry price was $150 and the current price $170, then the profit would be equal to (170-150) * 50 or $1,000.
The objective is to allow experts to publish signals on different assets and instruments, rendering the platform more diverse and attractive. Had the predetermined amount been one for all asset types, then it wouldn’t make any sense to publish signals on assets with a very low price. The idea is not to put an expert in say cheap US stocks (below $10) at a disadvantage. After all, even if he makes good signals, his profit will remain very low because share movement is small and doesn’t exceed $1.
As for the reasons the amounts were picked the way they were in the table above, this was done according to their price. For example, since the price of Bitcoin is very high, traders will in all likelihood buy one coin, whereas in the case of a cheap stock worth less than $1, the trader is likely to buy a much bigger amount. Traders of stocks can, therefore, expect a small profit per share but one that can grow into a handsome sum given that they have bought a large number of shares. At the end, amounts are determined to balance among the different assets, taking into account the purchasing power for each trader.
As for FOREX currencies, profit is calculated according to each pip movement, that being the fourth number after the decimal point (except currency pairs that contain one of these currencies: JPY, TRY, NOK, ZAR, HUF, RUB). For example, if the entry price for a EURUSD pair was 1.1132 and the current price is 1.1232, then the profit would be 100 pips. It is common knowledge that profits for currency pairs containing one of the abovementioned currencies are calculated somewhat differently.
As for commodities, amounts are predetermined as shown in the table below:
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Size
|
|
Gold
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10
|
|
Oil
|
100
|
|
Silver
|
100
|
|
Gass
|
100
|
|
Bnt
|
100
|
|
Xpd
|
10
|
|
Xpt
|
10
|
What does a closed signal mean? What does the closure price indicate?
A closed signal means the price has reached the last take-profit and the signal has been closed successfully. Of course, this can be TP1, TP2 or even TP3, whereby publishing a signal with multiple TPs enables traders to choose their exit point according to their trading strategy and risk appetite. A signal can also be closed when a stop-loss is reached, as well as in cases where a trader has decided to close the position manually, having determined that enough profit was made. This is a helpful feature that enables experts to update their followers. It is noteworthy that in all closure cases, the closure time is always shown.
How can you get notified each time a signal is issued?
Simply by following the experts whose signals in which you are interested.
What does reputation mean? What does the monthly ranking indicate?
Reputation is impacted by the user’s/expert’s activity levels, whereby it increases every time a signal or analysis is shared, liked, commented on, etc. Reputation is particularly important for experts so traders on the Arincen network can determine who to follow and who not to follow. The monthly ranking, meanwhile, carries the same formula albeit with a monthly time span and is reset to zero at the start of each calendar month.