Downloadable Watchlists for TradingView

I am pleased to announce a hopefully useful new feature today: You can now find watchlists of some of the most important stock indices for import into TradingView here: Download watchlists for TradingView The watchlists for the major indices, such as the S&P500, should be particularly useful. At the moment, there are watchlists for the following indices: Using the watchlists is very simple: After downloading them, you can import them on TradingView using “Import list…”. The name of the new…

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My Experience after 3 Years with Robot Wealth: Pros and Cons

I have been a member of Robot Wealth for three years now, which probably speaks for itself: I personally believe that I get a corresponding added value from the membership. First off, I can say that Robot Wealth is, in my opinion, a recommendable service for ambitious hobby- or semi-professional investors who have an interest in quantitative strategies. Prior knowledge and interest in statistics, quant investing and of course financial products would be ideal. Detailed review follows A more detailed…

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Bitcoin Bullrun Index (CBBI): Analysis and Prediction

We have recently looked at the Bitcoin Fear and Greed Index and its predictive utility. However, there are other sentiment indicators out there that are well known and might be interesting to analyze. One is the Colin Talks Crypto Bitcoin Bullrun Index (CBBI). We applied the same analysis we used for the Bitcoin Fear and Greed Index to the CBBI to get an idea of its use in predicting future Bitcoin developments. The CBBI is intriguing because it combines several…

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Bitcoin Fear and Greed Index: Useful as a prediction tool?

The Bitcoin Fear and Greed Index is certainly one of the most well-known sentiment indicators for Bitcoin, but is it really helpful when it comes to predicting future prices? Of course, one could easily create their own variants of a trend or sentiment indicator, but we want to test how well the “original” from alternative.me could be useful for predicting the bitcoin price. The Bitcoin Fear and Greed Index, as it will turn out, seems to be surprisingly good at…

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Which strategies are suitable for a Trading firm in Germany?

“Profits from stock sales are almost tax-free for a GmbH!” — this is the argument in favor of a trading GmbH par excellence. But what about other asset classes, and what else needs to be considered apart from taxes? We consider two aspects in particular when it comes to the question of which strategies and investments are suitable for a German trading GmbH: Is the strategy or asset class tax-efficient compared to a private investor? Is the strategy or asset…

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LEI number: price comparison and providers

An LEI (Legal Entity Identification) number has become mandatory for an asset managing limited liability company that is trading in securities since 2018 with the introduction of MiFID II. Here are our experiences with applying for an LEI for a limited liability company, a price comparison of some providers, the most important information about the LEI, and the exact procedure for applying. This article is written from the point of view of a German GmbH (a limited liability company), but…

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Create DATEV posting batches from CSV with R

The accounting format of DATEV is still the standard for tax consultants in Germany, but is also frequently used by auditors, lawyers, and alike. If, for example, you want to assist your tax advisor by supplying not only receipts but also the appropriate posting batches, you have to create DATEV-compliant files. We explain here how we did it. We will leave some headings and code variables in German, since the resulting DATEV posting batches will also be in German. Ultimately,…

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Can you only lose with CFDs?

Contracts for Difference (CFD), leveraged over-the-counter products, do not have the best reputation, nor do some relevant CFD brokers. As a result, mandatory warnings such as “66% of retail investor accounts lose money trading CFDs with this provider” may not come out of the blue. So is there a use case for CFDs, and why do so many retail investors seem to lose money with this product? There are many possible reasons why investors lose with CFDs and Forex. One…

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Submitting an opening balance sheet for a German GmbH (LLC)

As a private investor, you are used to being able to choose from a large number of programs for your personal tax return. Unfortunately, the situation for a German GmbH is significantly different. Here, there is no possibility to submit balance sheets via Elster or in a similar way. When submitting the balance sheet, which is now mandatory in the form of an electronic balance sheet (eBilanz), only specialized software can help. After all, there are some inexpensive solutions for…

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How to open a corporate account with Darwinex?

Darwinex is a forex broker based in England. The product universe mainly includes the typical instruments of an FX broker. However, larger US stocks are currently made accessible via integration with Interactive Brokers. However, this process is still in its early stages. Darwinex increasingly advertises “Darwins”, which are a vehicle to invest in the strategies of other investors, i.e., social trading. However, the main argument in favor of Darwinex are the fair fees. What documents are needed to open a…

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