By Ivo Luhse I was in Paris last weekend with my daughter to watch the Paris Masters. My highlight was the epic final between Novak Djokovic and 19-year-old winner Holger Rune. My daughter's highlight, on the other hand, was the newly installed driverless Paris metro trains. A 3-hour tennis battle can get a bit boring for an eight-year-old. The sleek train where you can sit right at the front of it, where the conductor's cabin used to be, and pretend to be a “driver” as it speeds through the dark underground tunnels and picks up Parisians is a very “cool” idea for kids. The train’s front c ..read more

By Ivo Luhse F1, the pinnacle of motorsport. Where incredibly talented and exceptionally skilled drivers (with the exception of Mazepin) drive the fastest cars on the planet. These cars are packed with the latest technology and supercomputers helping the teams and drivers to select the best race strategy, fuel loads, tires compounds, wing angles, ride heights and brake balances, all at 200+ MPH speeds. I'm a huge fan of F1 and have been closely following it and watching every single race since 2009 when Jenson Button won the F1 world championship. I love the Human + Machine connection that ..read more

By Ivo Luhse Look around you. Everything changes. Everything on this Earth is in a continuous state of evolving, refining, improving, adapting and changing. You were not put on this Earth to remain stagnant. As a child you explored, learned and questioned. As you become a teenager , you tried to find your way in the world and made mistakes. Once you learn from your mistakes you become a confident adult grabbing life by its horns. Finally you will perish, leaving your wisdom and memories for the next generation to make good use of.  Bots' life cycles are very similar to that ..read more

By Ivo Luhse Foreign exchange market or Forex is the largest financial market in the world – larger even than all world’s stock markets combined, with a daily volume of $5 trillion. It is so vast because every single person and every single company and every single government (via its Central Bank) in the world contributes to it.  When you are buying something online from another country you are exchanging your local currency for another currency – you just traded in the Forex market.  When BMW buys steel from China to produce its newest 5 series Sedan they exchange EUROS fo ..read more

By Ivo Luhse The top-performing funds in Australia’s Superannuation pension system returns 9% per year, according to StockSpot. These funds have billions of dollars under management, a team of PhD’s and MIT computer scientists at their disposal, and access to better data and more powerful computer equipment worth millions of dollars. So, what are the chances that regular independent traders outperform them? Quite high, it turns out. Top Performing strategies In DARA app Top Australian superannuation funds “No one cares more about your money that you do. With basic understanding of the in ..read more

By Ivo Luhse 100 minus your age rule One of the first basic questions you face when you start investing is: how much money should I be investing?  The “100 minus your age” rule is a good rule-of-thumb to use for this question. It tells you what portion of your wealth should be in aggressive investments and what portion should be kept in safe investments.   For example, if you are 40 years old the “100 minus your age” rule would have you place 60% of your capital in more riskier investments (such as Forex Trading, stock market, cryptocurrencies, or commodities), while placing ..read more

By Ivo Luhse Amazon stock has rallied over 10,000% since 2006. To put that into perspective, if you had invested $10,000 in Amazon stock in 2006, today – just 14 years later – you would be sitting on a cool one million dollars.  But investing and trading is not about lucky punts once a decade. Instead, you could have applied a simple trend-following strategy, buying Amazon stock each time the stock price formed an Engulfing pattern or Pin-bar pattern on a weekly chart near the lower bollinger band (one of the strategies that we have automated at DARA). This simple strategy that requir ..read more

By Ivo Luhse You get into your car to go to a meeting with a client. You turn on your car's navigation system to find the quickest route and not annoy your client with calls for directions.   Or you order a taxi – and track from your phone how far away your taxi is so you don’t waste your time standing on a sidewalk.   Or when you’re planning a family trip to the  countryside – you check google maps for how long it will take you to get to your destination and what family attractions are found along the way.  We all use GPS every day and our lives and business ..read more

By Ivo Luhse Trading the markets is much more than simply following statistics. Trading is driven by emotions. Traders around the world make decisions every day on whether the price of something is high or low. If trading were only about data then every programmer from Mumbai would be a billionaire. If you look at statistics alone the stats will say that the highest returns can be made if you hold your trades almost forever, never taking profits and not closing trades for loss;  prices always return to the mean.  In real life, however, you cannot trade this way. Traders nee ..read more

By Ivo Luhse AI sci-fi droid Let's debunk and demystify some of the misconceptions and false beliefs about Artificial Intelligence. (AI) We have all seen these sci-fi movies about futuristic droids that are super-intelligent: they swiftly take over the world and make all humans their slaves.  The current state of AI could not be further from the truth. Let's talk about what it actually is. How does AI really work? The first thing to understand about AI is that it is composed of nothing more than algorithms. On its own, an algorithm is no smarter than a power drill. It is good at doin ..read more