Simple.
There’s no reason to overcomplicate the process with all sorts of indicators and theories. Ultimately it comes down to: buy low, sell high.
We are a fully remote, global, distributed workforce. We have no set hours, and you can create a schedule that allows you to get your best work done. Since we have no human traders, all trades are executed by computers, we don’t have a need to be working at specific times.
Odds
We play the odds. We don’t look for candlestick patterns, indicators, etc. We don’t even care why price moves because for us it doesn’t matter.
Facts
We don’t deal in opinions; we deal in facts. Always have the numbers to back up your theory.
Fun
A career worth having is one that makes life worth living. If you’re not having fun, do something else.
Popular doesn’t mean profitable.
You can’t trade like the 90% and expect to make money like the 10%.
What we trade.
01.
Foreign Exchange
Forex, or Foreign Exchange, is one of the largest financial markets in the world, with a daily trading volume of over $5 trillion.
02.
Options
Options are a type of financial derivative that give the holder the right, but not the obligation, to buy or sell an underlying asset (such as a stock) at a specified price (strike price) on or before a certain date (expiration date).
03.
Equities
Equities, also known as stocks or shares, represent ownership in a publicly traded company.
04.
Futures
Futures trading involves derivative financial contracts that obligate parties to buy or sell an asset at a predetermined future date and price.
05.
Cryptocurrency
Cryptocurrency is a digital or virtual currency that uses cryptography for security. It is decentralized and based on blockchain technology, which is a distributed ledger that records all transactions on a network of computers.
An auction is an auction.
A trade is a trade.
Ultimately it doesn’t matter what asset is being traded, a trade is a trade. We trade at an auction, hence the whole bid/ask thing.
What’s the difference between taking a XAU/USD position VS. buying an OZ of gold, putting it in a safe, and selling it after the price goes up?
… Nothing.
Trading isn’t some magical thing where you find a pattern on a historical chart to make money, it’s simply buying low and selling high.
Frequently Asked Questions
01.
Can I invest in Bars and Code?
Bars and Code is a family office. We only use our own money and do not accept outside investments of any kind.
02.
You hiring?
Not currently, if we have any openings we’ll post them on our website.
03.
Will you be my mentor / teach me how to trade?
No.
04.
Are these really frequently asked questions?
Nope, but it was interesting enough to keep you reading.