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Apiary Manhattan Beach Summit

On October 26th, 9:00 pm West Pacific Time, a crowd gathered on the Manhattan Beach pier.

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A passerby stopped to see what the excitement was about, and imagine their surprise when they found Nate, Todd, and myself sitting comfortable on our UCLA camp chairs and using a Verizon hotspot to trade the Asian session, which was making its own waves—3 ticks up 2 ticks down.

 

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It’s not that we expected to make much money during the doldrums of the Asian session, but we wanted the experience of trading on the beach!  And we had a blast!  We were 30 bees on a beach–with a whole lot of curious bystanders!  It wasn’t the fastest trading of the day, but it was profitable with some 54 pips of combined profit by sessions end.

That was just one highlight from the Manhattan Beach summit, some others were:

On Monday morning, Melinda predicted the close of the Wednesday 10:59am candle would be 1.1064  – The actual close:  1.1065.  She came within 1 pip of calling the actual close!  Impressive analysis, Melinda!

We split the summit attendees into 6 teams, and each team created their own trading strategy–presenting the strategy to a shark tank of Nate, Todd and Shawn. Our jobs were to choose a strategy, and trade it in a competition on Wednesday morning. The winning system: Bollinger bands made 2 winning trades for a total of 11 pips!

4 of the 6 trading of the participants’ strategies were profitable!

Todd pulled out 233 pips of profit in the Tuesday morning trading session.  He was kind of quiet most of the morning…  When confronted, he admitted he was trading.  We told him there was a program for that!

In the spirit of crowd intelligence, we set up an experiment and polled the room to see how the USD would respond to Wednesday’s Fed Announcement.  37 of the participants said the USD would strengthen, while only 12 said it would weaken. We shorted the EURO, and made some quick money on Wednesday!

But the best part was watching our outstanding Apiary traders develop confidence in their own trading strategies! We’d like to send a HUGE shout out to all the traders who attended the LA Summit; we learn just as much from spending time with you, and it was a real privilege to trade with everyone who attended.

Thanks again, and Happy Trading!

-Shawn

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Apiary Fund Traders Manage Risk on the Markets Darkest Day

August 24th will go down as a dark day in market history as the Dow Jones Industrials dropped over 1000 points in early trading.  Days like this bring an ominous air to the hive.

The first profit and loss report was run early Monday morning.  The Dow was just recovering from a 1000-point opening plunge and tensions were tighter than the e-string on a violin.   The seconds seemed like hours while the server churned out the calculation that would give the bottom line for the fund – how many losses, how many gains, and is the fund up or down…

The first number to show up was profits: $33,638.

Next, the losses:  $5,196.

Winners were beating losers by a 5:1 ratio; the early read on profits was nearly 3%.   Tension turned to pure exhilaration as we started going through the detailed report.

The traders here at Apiary Fund are amazing.

I always tell people that the risk management system is for safety and learning.  Yes, it’s true, Apiary Funds money is kept safe by the program that constantly monitors accounts and makes the call many of us are too timid to make – cut the losing trade.   But performance on days like this cannot be attributed to the fail stop of the risk management system, but to the skill our traders have developed as they work toward funding.

The Apiary Fund risk management system keeps the fund safe, but it’s more than that. It’s teaching traders how to manage risk in the tsunami of market disasters.

As good as the numbers were in that first report of the day, what was an even greater accomplishment was the fact that not a single funded trader had been stopped out by the risk management system.

Again, I repeat.  The Apiary Fund Traders are amazing!

Keep up the good work, and happy trading!

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All About Apiary VPS

June 2015 Apiary launched a new service called VPS.

VPS is designed to help people with Apple Mac, and increase trader mobility.

A fast computer with a fast internet connection is a necessity for a trader. It’s crucial in order to execute trades for the prices you want. However, a fast computer is costly, and not everybody is computer savvy and knows how to maintain their computer. No matter how fast a computer is, without proper maintenance it will slow down eventually. In the last few years, it’s become a trend to use VPS (Virtual Private Server) to increase trading performance.

Virtual Private Server acts like a computer, but in the cloud. A trader installs their trading platform (such as Alveo) and all of their trading activities are executed through the VPS. The trader’s computer or laptop only acts as a ‘keyboard’ to control the VPS.

The benefit of using VPS are :

  1. VPS works faster in transmitting the orders then an ordinary computer or laptop. This may reduce slippage.
  2. Trader can trade from anywhere with different machines (computer,laptop,iPad, tablets, etc). Say a trader’s laptop is broken, the trader doesn’t need to worry about his/her trading because all of the trades are in the VPS. The trader just needs to find/borrow a laptop with an internet connection then login to the VPS to secure his/her trading positions. In the past, traders have needed to reinstall all software and equipment again in order to access the trades.
  3. Save money because trader does not have to buy ‘high end’ computers to get fast trade execution.
  4. In case of power failure event,  VPS will keep the trading position (including Take Profit and Stop Loss), so all strategy and pending orders will proceed as normal until the trader has access to VPS.
  5. A trader will not need to waste time maintaining their computer, since VPS usually already has their own IT team to make sure it runs 24/7 without problem.
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What your Forex Broker Doesn’t Want You To Know

When it comes to trading foreign currency, most investors have at least heard of the two main camps that most forex brokers fall into. There are Electronic Communications Networks (ECNs) and Market Makers. Let me begin by first introducing each of these.

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Market Makers behave pretty much as you’d expect from their name – they “make” the market. They have the ability to internally set both the bid and ask price of the quotes they provide and they can do this because of the actual liquidity that a typical Market Maker brings to market. In other words, they have to take the opposite side of your trade. So order fills can be a bit better with a Market Maker, as long as you understand that the “fill” you are getting begins and ends with your broker. Another important point with a Market Maker is they will usually have smoother spreads. What I mean by smoother is that the spread they offer is usually more predictable. Because they aren’t making money through commissions (usually), they make most of their money by offering a spread that they set. So as you might imagine, if you were a Market Maker you might think the same way – “This is my money that I’m using to fill your order, so I’m going to give you the price that works best for me.”

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ECNs operate a bit differently. A true ECN will aggregate prices from multiple providers (like banks and even Market Makers) and offer you the best bid and the best ask. Their philosophy is very different from a Market Maker, because they will not manipulate the quotes nearly as much. They offer this because their money isn’t made in the spread, they make their money in charging you a commission on every trade. A fill on an ECN is not always guaranteed, which can make some traders miss their ideal price. Because ECNs offer quotes from many different sources, their prices are often more volatile which, depending on your style, can make it very difficult to be profitable. A common limitation that an ECN will have is on their servers. Due to the fact that they pull in multiple quotes from different sources, when those are aggregated they are also throttled. It wouldn’t be possible for them to provide every quote they receive to each of their traders. That would be very difficult, or at the very least it would be fiscally detrimental. Now that we have introduced both, let me explain how the Apiary Fund works.

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Apiary Fund operates like a hybrid of each of these camps. Lets just say we made our own camp. We have an interest in adjusting the spread like a Market Maker, except we don’t want to widen it for our profit. We want to tighten it so that the trader can profit. Also, we don’t take a dime of commission on any trade because we don’t want to add burden to any order regardless of direction. Like ECNs, Apiary works to negotiate with multiple liquidity providers to offer the best bid and ask with every quote. Unlike ECNs, Apiary works very hard to ensure that every quote we receive makes it to our Alveo trading platform. This is evident by watching a quote screen on Alveo compared to a quote screen on other platforms. When getting a new quote means the difference between your trade being profitable or not, wouldn’t you like to get them from a fire hose instead of a garden hose? We certainly think so.

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Bottom line, where in the world does the Apiary Fund make money if this is true? The answer is simple. When our traders make money. We want to make that very clear. When one of our TRADERS MAKE MONEY then APIARY MAKES MONEY. It’s that simple. Our goal is to create as many profitable traders as we possibly can. So as you can see, our incentives are aligned with that of our traders. Just like in a beehive (aka apiary), the more honey each bee makes, the more sustainable life is for everyone. That’s our philosophy.

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One Million Reasons Apiary’s Alveo Trading Platform Is Set To Succeed

It happened sometime during the wee hours of the morning on January 26th 2015…

Since it’s official launch in October 2014, Apiary’s new trading platform – Alveo – has officially processed 1,021,602 trades.

Processing 1 million trades is a major development for Alveo and Apiary.  It represents a significant milestone in a project that is over two years in the making.

While MT4 is the industry standard trading platform in the forex market, we realized long ago that the risk of building Apiary’s trading tools on top of a platform that is notorious for changing the rules of the game on a whim was not in our best interest.

During a 6-month period last year, MT4 conjured up over 80 updates to its server or client software. It caused Apiary to be in a constant state of “fixing” broken tools.  The sheer number of hours dedicated to keeping Apiary working on MT4 quickly crossed the line of diminishing returns; couple that with an ever increasing cost structure in both software and hardware resources, and we realized that we needed to make a change – fast!

And so in October 2014, amid pressure from hardware providers, Apiary launched the Alveo trading platform.  However, squaring up with the MT4 Goliath has not been easy.  In fact, the first couple of months were down right rocky.  We found ourselves fighting both a battle of stability (trying to keep the platform stable) and perceptions (trying to maintain confidence in the platform). All while we worked out a major connectivity issue with our liquidity providers.  These issues are not new to financial software, but they are wrinkles that a 10-year head start seems to smooth out.

Undaunted, we’ve trudged forward – fixing bugs, stomping out errors and putting in countless hours to develop stability and connectivity.  However, this time they were hours well spent – hours we know we won’t have to repeat with every new version or update.

While processing 1 million trades is certainly a drop compared to the ocean of trades being processed by MT4, it does illustrate the progress being made by Alveo.

Like a breakout trade that builds confidence, speed, and momentum, Alveo is experiencing a breakout moment. We want to share with the world a million reasons why Alveo is positioned to be a great trading platform, but for now we’ll just stick with the speed, liquidity, slippage, and income earning advantages of Alveo. We are very excited with this milestone that we’ve hit, and can’t wait to see what else Alveo can accomplish.

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Latest Developments On New Platform

This is a semi-formal acknowledgement of Apiary’s potentially new trading and analysis software!

I hesitate to even raise the awareness of the new trading platform that Apiary has been working on because of the stirring of anxiety it spawns among the hive (hence the pensive and non-committal blog post header above!) But it’s true. There is a new trading and analytics platform being built at this very moment. Having spent years analyzing the stock market, I have learned some important lessons related to the announcement and corresponding release of new technology that I thought I ought to share with the hive to help us manage the expectations, release and implementation of Apiary’s new software platform.

1. It is a software program, but it has no name… and we need to give it a name before we release it. This is your call to get your creative juices flowing! We want a name that invokes awesomeness, so in the spirit of crowd-sourced intelligence that is one of our core philosophies at the Apiary Fund, we ask you, please share your ideas with us at the form below:

https://apiaryfund.com/form/name-our-new-trading-platform

2. We have been working on the project for many months and we will continue to work on it with unyielding focus until it meets a set of pre-determined standards that our team has put in place. In the same way we do not force a trade before its time, we will not force a release of the software before it meets our standards. In other words, the standards dictate the release date – not a date on the calendar. If you have learned anything from Apiary related to when we place trades, you can understand this concept. We wait for the trade to come to us. Likewise, we will exercise patience and wait for the software to come to us – when it’s ready and when it has the best chance of hitting our performance goals.

Our hope would be to release the first stage of the software mid third quarter.

3. We will scale into the release of the software. It’s another trading analogy. In the same way we scale into a trade setup by applying small amounts of our overall position, we will scale into the software in following stages:

a. Stage 1. Analysis functionality
b. Stage 2. Paper trading functionality
c. Stage 3. Live account functionality

Depending on the feedback we receive from you and the overall experience of each stage in the staged rollout, the rollout may be fast or slow.

Our hope would be no more than a month or two between stages.

4. Expect a bug or two. Inevitably, when we release the software there will be some bugs. And despite all the time we put into testing it, I am as certain that we will release it with bugs as I am certain that I will take a loss on at least one of my trades on Thursday morning! Sad but true fact. For this reason, the success of the software will depend on your feedback. In trading some of the best lessons are learned on the fly… With the software we will also learn on the fly and make adjustments quickly!

5. Finally, we want to keep our superstar technology team motivated with positive chatter. The project is huge. The hours are overwhelming. The complexity is unimaginable. The requests are unrelenting. Many of us might cave to the pressure of such an enormous project, but not our team! They are incredible. As I have worked with them, I have experienced a group of people that are talented, motivated and engaged. Even with that, they say the last 20% of a project is the hardest, and we are in those final hours! So if you could join me in offering some words of encouragement and motivation, please share your thoughts in the comment field below:

https://apiaryfund.com/form/give-our-developers-encouraging-word

I cannot express how excited we are in anticipation of the new platform. It is an exciting and promising development for our little company. We have bucked the odds at every turn of our existence and to think that a little David of a company is able to whip a Goliath of a project gives us great hope in our future! You’re going to love what we’ve built and we can’t wait to show you… but only at the right time and in the right way! Stay tuned!

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SUMMIT 2014

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Time is ticking and now is time we meet again in Apiary Summit. Many changes occurred after the last Summit on September 2013. Apiary Fund Investment recognizes by receiving “Emerging Elite Companies 2013” on October 22’nd, 2013. A hard achievement considers global economic crisis still not recover yet.

They’re always different event occur in every Apiary Summit. Why? On second and third day during the Summit, we will learn trading live from the market. Nobody can know how the market is going to react, it’s not an arranged event. Apiary’s traders will demonstrate their skill to overcome the forex market waves and show how they make their living from forex trading. All in live event, no prepared scenario except trading skill. From here the audience can see how professional traders react during loss, win, or caught in the trading positions. Forex trading is simple, overcome the emotion and psychology is the hardest part during trading.

Summit is a chance to exchange skill and meet face-to-face with others. Getting to know better each other. The internet is a great medium to ‘meet’, but still meet ‘on the ground’ is important to see and feel others personality. I know few people name from the webinar, but when I met these people personally, I just know how great they are. Personally I just attend the Summit one time, but during that event I learn more then what I learn on the webinar. I know my friends better than before and getting closer to them. My thanks to Shawn Lucas to hold this events so between associates can gain their goal faster with the right way. Apiary won’t grow if their associates are not growing; as simple as a bee hive grow.

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Apiary Fund Receives 2013 Emerging Elite Award

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The Apiary Fund received the 2013 Emerging Elite award from the Mountain West Capital Network this week at a meal and awards ceremony held at the five star Grand America hotel.

Receiving the Emerging Elite award throughout a recessionary market is not an easy achievement. Established in February 2011, the 2 ½ year old company received the award in 2013. It took hard work and a solid basic business concept. The Apiary Fund grows if their clients grow. Not only does the company sell a forex education program, but the Fund also trains its associates extensively to become qualified associates to trade the company’s money. Hence, those who learn Forex trading with the Apiary Fund, don’t need to risk their own hard-earned money in the market. Once they show consistent and positive results, they are qualified to be funded.

By learning how to trade, members of the Apiary Fund can rely on themselves to generate income. They can be their own boss, independent, controlling their own time.

In the Apiary Fund, associates learn multiple trading strategies, market analysis, indicators, trading psychology etc. The company provides education for people with different backgrounds. In fact, no previous market knowledge or experience is required. Our Trader Support team is ready to assist any questions, whether they be basic or advanced. This is possible because they are traders themselves, so they’re passing on their own experiences.
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September SUMMIT

September 2013 Traders' SummitApiary will hold its semi-annual Trading Summit on 2nd, 3rd, and 4th September, 2013 in Sandy, UT.

In the ever changing markets, the Summit is a great place to see firsthand what changes are happening and how traders are keeping up! One thing that is unique to the Summit is that it is held on a workday not on weekend. This gives us the opportunity to spend as much time possible in the live markets – giving you an opportunity to experience what you just learned in a real life environment. Besides, what’s the purpose to hold a summit during market close?! The associates will lose the opportunity to learn live event, on how traders will reacts, how newbie will react, how market prices will playing traders psychology, etc.

For a better understanding of what the Apiary Summit is, visit http://www.apiaryfundsummit.com/ or watch recordings of past summits on the website. But remember, it’s a recording. It’s in the past. Markets change and the Apiary Summit is the place to be to stay abreast of the latest updates.

Zeeee you in the Hive. (not in the clouds)

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Over 1000 Recordings

Over 1000 recordings

The Apiary Fund recently reached a milestone of over 1000 discussion recordings. It’s pretty impressive when you consider that the company hasn’t even existed for 1000 days and each recording is about 1-2 hours of training content.

Discussions are live training webinars that Apiary members can attend from anywhere in the world. Participants can learn from an instructor and type their questions. Instructors will illustrate concepts through slides, drawings, and demonstrations by sharing their screen. Most presentations are recorded, so you can watch any that you missed. Plus, New Apiary members get access to ALL of the past recordings. Check out the calendar to see what we’ve done in the past, and what we’ve got coming up!

Live Trading Rooms

A lot of these are recordings of our trading room. Every week, we broadcast a Live Trading Room where professional traders enter and exit live trades in the market! Members see the winning days, the losing days, and everything in between. Usually, the main attraction is our head trader Shawn as he gets in and out of the market quickly with the goal of making $100 before the hour is over. Attending the trading room, you’ll see just how different each person’s system is. The other traders who demonstrate their skills are profitable on average, too, but using completely different strategies.

Training library screenshotBeyond Recordings

Webinar discussions are actually just one part of the Apiary Fund training. Going to the training section, you’ll find video clips, interactive modules, ebooks, quizzes, a wiki-style glossary, and plenty of reference materials for professional investor training. We’re consistently working to create new interactive training. This is all separate from the helpful community itself, too.

With so much, where do I start?

There’s a lot, but you don’t have to get overwhelmed. We’ve broken the training down into 12 smaller courses, designed to turn you into a market professional in 12 weeks. The courses have categorized, featured content with a quiz to gauge your progress. They’ll keep track of what you’ve viewed to advance you to the next subject as you go. If you haven’t checked out the Full Library of training yet, get going!

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