Jalan Sukses: Lucre: Algorithmic Trading Platform on Blockchain

What Is LUCRE?

LUCRE is an automated trading system for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. Powered by blockchain technology, the platform currently serves as an automated signal and trading system service for the crypto universe.

LUCRE algorithm was build on a philosophy - Don’t HODL; Trade! allowing trading both ways long and short. The great appeal of this project is the ability to generate revenues in all market conditions, buying and selling at every perceived opportunity. Even when the market is going south the algorithm attempts to make profit by shorting it.

The LUCRE development team has a combined total of eight years dealing with algorithmic trading experiences. The reason behind this idea is due to the fact that holding cryptocurrencies has been proven to be the worst possible way to use it in trying to increase your wealth. The philosophy behind the platform is not to HODL, but to trade instead.

How LUCRE Algorithmic Trading Platform Works?

Hodling occurs because people in possession of cryptocurrency wait for the ideal market condition to reap the maximum price for their cryptocurrency investment. Lucre’s underlying algorithmic structure liberates the participants from worrying about any fluctuations by generating revenue irrespective of the market situation. This is achieved by making short and long-term trades on the Metatrader trading platform via the aforementioned algorithm.

Automated trading allows 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.

LUCRE Algorithmic Trading Platform Features

Trading on the platform allows for both long and short-term trades. One of its biggest appealing strategies is its ability to create revenue, regardless of the prevailing market conditions. This means that traders will be in a position to buy and sell, regardless of the opportunities that are prevailing in that market. Its top features include:

Signal Service

Traders get to receive high-quality close/sell/buy alerts. They also get exclusive trading signals coupled with a seventy-five percent trading accuracy. This means that they can use these signals to trade on any exchange or with a broker they prefer.

Automated Trading

The platform has a fully automated trading system that is compatible with all Forex CFD brokers and cryptocurrency exchanges. You can use your LUCRE account to connect with these exchanges and move your money seamlessly without any worry.

Trading Pool

All the LUCRE (LCR) tokens that get deposited into the trading pool are to be managed by the platform algorithm. The trading team will also assist in the management of these tokens.

LUCRE Automated Trading Advantages

There is a long list of advantages to having a computer monitor the markets for trading opportunities and execute the trades. Some of the advantages are listed below:

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.

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.

LUCRE Token (LCR)

Lucre’s utility token is called LCR which is initially valued at I USD. This value is derived from net asset value which is dependent on the performance of algorithmic cryptocurrency trading with real currency. LCR can be traded anytime with full transparency ensured. Lucre’s fully automated system is compliant and compatible with other cryptocurrency exchanges and forex brokers which makes it a one-stop solution for the LCR token holders. LCR can be obtained from November 14th and will continue to be available for further four weeks. Up to 10 million LCR will be sold to ICO investors, which is equivalent to 80% of the token supply.

Token Details

Token Ticker: LCR
Platform: Ethereum
Token Type: ERC20
Total Token supply: 12,500,000 LCR
Available for Purchase: 10,000,000 LCR
Minimum Raise: $2,000,000
Maximum Raise: $7,000,000

Token Distribution