As more and more China’s companies choose to develop their E-commerce business on Alibaba’s B2B(1688.com and Alibaba.com), B2C(Tmall.com), and C2C(Taobao.com) platforms, bubbles in E-commerce industry have expanded at a rapidly increasing pace. A number of companies got big losses because of the appearance of E-commerce business. Why? Let’s talk about this problem in the followings: … Read More »
Many professional analysts and traders use Yahoo Finance as a tool to find historical financial data. By using Excel, we can download the data from Yahoo Finance and save it to Excel file. We can get some data such as historical daily prices in the past period and the basic information about annual balance sheet. With the financial… Read More »
Today, we will introduce our new buddy – Mr. BayMax from “Big Hero 6”. As a gift for being one of our new members, we have developed a dynamic BayMax in HTML format. If you are interested in meeting our buddy (BayMax), please visit Financial Boy’s Bay Max at http://www.financialboy.com/baymax.html. Don’t hesitate, Mr. BayMax is waiting for you!
In the past few months, we can see the news that Chinese Yuan(CNY) keeps depreciating in the FX market. This brings a big impact to China’s financial market and capital market. In some sense, we can assume this is a signal that China is pushing Chinese Yuan(CNY) to be an international currency reserve. At the same… Read More »
When we are designing our Algo Trading System, drawdown of the portfolio will be a very important factor for many traders. Today, I will do a brief explanation about the new design using indicator – Zig Zag. Assume we are using the daily bars and daily closing prices for this case. The indicator, Zig Zag,… Read More »