LUCRE is an automated algorithmic trading system based on statistical analysis of data from last 5 years (for BTCUSD). Automated trading, allow to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. Once the rules have been established, the algorithm monitors the markets to find buy or sell opportunities based on the trading strategy specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader. There is a long list of advantages to having a computer monitor the markets for trading opportunities and execute the trades.
- Ability to Backtest – Backtesting applies trading rules to historical market data to determine the viability of the idea. Careful backtesting allows to evaluate and finetune a trading idea, and to determine the system’s expectancy – the average amount that a trader can expect to win (or lose) per unit of risk.
- Preserve Discipline – Because the trade rules are established and trade execution is performed automatically, discipline is preserved even in volatile markets.
- Achieve Consistency – One of the biggest challenges in trading is to plan the trade and trade the plan. Even if a trading plan has the potential to be profitable, traders who ignore the rules are altering any expectancy the system would have had.
- Improved Order Entry Speed – Since computers respond immediately to changing market conditions, automated systems are able to generate orders as soon as trade criteria are met. Getting in or out of a trade a few seconds earlier can make a big difference in the trade’s outcome. As soon as a position is entered, all other orders are automatically generated, including protective stop losses and profit targets.
- 24X7 Market – as Crypto market is open 24X7 it is almost humanly impossible to trade every entry signal round the clock manually.
- Minimize Emotions – Automated trading systems minimize emotions throughout the trading process. Since trade orders are executed automatically once the trade rules
have been met, traders will not be able to hesitate or question the trade. In addition to helping traders who are afraid to “pull the trigger”, automated trading can curb
those who are apt to overtrade – buying and selling at every perceived opportunity.
How you can invest in Lucre?
You can purchase tokens on the dashboard after registration and access to your personal account. You will need to provide us first your Ethereum wallet from where you will send ETH, this wallet MUST NOT BE from an exchange, in that case you can loose LCR tokens. it will be used to verify your transactions and activate your LUCRE Trading account. Once you send Ethereum to our Crowdsale Contract address you will receive automatically LUCRE tokens on your wallet.