- Accumulated P&L: the accumulated Profit and loss is a statement that summarizes the accumulated profits and loss incurred since you started trading on the platform.
- Address: is an alphanumeric string of letters and numbers that is unique to a wallet. It is what is used to route digital assets across the network to a specific destination.
- AI-Driven: Operated/controlled by an Artificial Intelligence engine.
- AI Ordered: it refers to the prefered strategies ordered by our Artificial Intelligence engine.
- Allocation: amounts of funding designated to be spent on each selected strategy. It specifies the maximum amount of funding that a person is willing to risk on the selected trading bots.
- All-Time High (ATH): refers to the highest price that an asset has reached on an exchange.
- API Key: an API key or application programming interface key is a code that gets passed in by computer applications. It acts as a secret authentication token as well as a unique identifier. Typically, the key will come with a set of access rights for the API that it is associated with. Thanks to these permissions our trading bot can take positions on your behalf.
- API Secret: an API Secret, as well as API key, is a code that gets passed in by computer applications. It acts as a secret authentication token as well as a unique identifier. Typically, the key will come with a set of access rights for the API that it is associated with. Thanks to this our trading bot can take positions on your behalf.
- Application Programming Interface (API): set of functions and procedures allowing software to communicate with a client or the data of a service, such as crypto exchanges in order to execute the service's functions on their account.
- Autopilot: automated process without human intervention.
- Bear Market: a 20% or more drawdown vs last ATH.
- Bid-Ask Spread: is the amount by which the ask price exceeds the price of a bid for an asset on the market. The bid ask spread merely represents the difference between the highest price a buyer is prepared to pay for an asset and the lowest price that a seller is prepared to accept.
- Bid Price: Is the amount of money a buyer is willing to pay for crypto, security, stock, etc. It is compared with the selling price for which a seller is prepared to sell crypto, security, stock, etc. These two price differences are known as spread and provide traders with a source of profits. The greater the spread, the larger the profit.
- Binance: is a global cryptocurrency exchange which provides more than 100 cryptocurrencies with a platform for trading. Since early 2018, Binance has been regarded by trade volume as one of the world's largest cryptocurrency exchanges.
- Bitmex: is a derivative platform for trading Cryptocurrencies. HDR Global Trading Limited, registered in the Seychelles and with locations around the world, is the owner and operator. Bitmex is one of the top cryptocurrencies exchanges.
- Bitfinex: owned and operated by iFinex Inc. Bitfinex is a complete cryptocurrency exchange - spot trading platform, which includes Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other major digital assets. Considered one of the top cryptocurrency exchanges.
- Bitstamp: is a Luxembourg based bitcoin exchange. It makes trading between USD and cryptocurrency bitcoin. It requires deposits and withdrawals of USD, EUR,, XRP, Ethereum, Litecoin or Bitcoin.
- Bot Only: this is a function in the napbots.com platform that must be activated, only when the selected exchange will be used only and exclusively to trade with the bot.
- Budget Allocation: amounts of funding designated to expend on each selected strategy. It specifies the maximum amount of funding that a person is willing to risk on the selected trading bots.
- Bull Market: a 20% or more price rise vs last significant bottom post Bear Market.
- Candlestick: a pricing graph displaying the open, close, high and low points over a certain period. Usually, the candlestick is green when close price is above open price and red in the opposite.
- Capitulation: refers to a strong selling activity where investors cut or are being forced to cut (ex: margin call) their positions whatever the price. These periods are characterised by V shape form. This is usually a good time to buy!
- Coin: digital money or cryptocurrency that is separate from any blockchain or network. A coin's key feature is the currency's value, and the word can also be applied to describe a cryptocurrency that is not a token. In contrast to tokens, coins are not intended for utility purposes.
- Correction: a 10% or more drawdown vs last ATH.
- Cryptocompare: it's a famous website(cryptocompare.com) that brings the latest streaming pricing data in the crypto ecosystem. It's used on the napbots.com platform to source the prices.
- Cryptocurrency: a digital currency secured by encryption to function as a medium of exchange for an economic system of peer-to-peer (P2P).
- Cryptography: the method of using mathematical ideas and computation to encrypt information and decode it.
- Crypto Strategies: it refers to all the library of crypto signals offered in napbots.com
- Crypto Trading Signals: napbots signals are positions that the bot takes on your behalf in an underlying asset named BTC, ETH, BNB, Etc. In addition, on the napbots system “1” means long on the position, “0” neutral, “-1” short, “0.5” means long using half the budget, “1.5” means long using 1.5 leverage and “-1.5” means short using 1.5 leverage.
- Currency: currency is a medium of exchange for goods and services. In short, it's money. Could be USD, EUR, BTC, ETH, Etc.
- Current Position: it refers to the trading position you are currently holding in your designated crypto exchange. Could be a Long, Neutral or Short position.
- Daily P&L: is determined for all existing positions you hold. It refers to the total profit or loss made by all your trades over the day.
- Daily Strategy: a short-term trading strategy involving the buying and selling of assets with the aim of closing or opening positions once a day to benefit from price changes.
- Dashboard: the napbots dashboard is an information management tool that visually tracks, analyzes and displays key performance indicators (KPI) of your trading bots such as Invested amount, P&L, open positions, etc.
- Dead Cat Bounce: sharp bounce in the price of a declining asset shortly followed by the resuming of the initial downtrend.
- Distributed ledger: is a database that is consensually shared and synchronized across multiple sites, institutions or geographies. It allows transactions to have public "witnesses," thereby making a cyberattack more difficult.
- Diversification: distribution of funds across different asset types or strategies to reduce overall risk through decorrelation.
- Exchange: a cryptocurrencies marketplace where users can buy and sell coins/tokens.
- Falling Knife: refers to the action of buying an asset while it is sharply declining in price, with an expectation of price bounce. This is a tricky exercise, reserved for the bravest!!!
- Fear, Uncertainty and Doubt (FUD): a marketing strategy used by consumers, traders or investors to spread fear and insecurity. This aims at influencing people.
- Fear Of Missing Out (FOMO): the feeling of anxiety and fear that you may lose out on a potentially profitable opportunity.
- FIAT: a national currency such as USD, EUR, CHF, CNY, CAD, AUD, and etc..
- Fictitious Amount: it is not real money(or imaginary money) that you can use to test our trading bots.
- Forced Liquidation: When a broker liquidates a position forcibly because of its position falling below the margin requirement. This is the main risk when investors are using leveraged positions. If the client does not meet the margin requirements of the brokerage account, the company holding the account has the right to liquidate; all open investment positions held in the account selling and closing all their positions.
- Fundamental Analysis (FA): is a method to measure the intrinsic value of an asset through the analysis of associated economic and financial factors. This analysis investigates anything that affects the asset value, from macroeconomic to microeconomic factors.
- High-Frequency Trading: a type of algorithmic trading that involves a large number of orders executed in a short time frame.
- HODL : a type of saying "Hold" born from bitcointalk.com that has also been retrofitted as an acronym for Hold on for Dear Life-keeping coin ownership and not selling.
- Hourly Strategy: a strategy that will generate a trading signal every hour.
- Huobi: is one of the largest crypto-monetary exchange operating in space and catering to Asian publics since 2013. Now based in Singapore.
- Invested Amount: is the total amount of money that a trader has invested in the selected trading bots.
- Investor: any person or entity that entrust capital with the expectation of financial returns.
- Kraken: Kraken is a crypto exchange based in the United States, established in 2011. The exchange provides fiat trading with cryptocurrency and Bloomberg Terminal with price information.
- Ledger: A physical book, or a digital computer file that tracks and records monetary and financial transactions.
- Leverage: any investment strategy that uses borrowed money — specifically, the use of different financial tools or borrowed capital — to increase an investment's potential return (together with a higher risk!). Brokers or exchanges providing this service charge fees and there is a risk of being liquidated.
- Licence (NapBots): It's the subscription plan a user has in Napbots.com , in this tab you can find useful information and manage some features such as the transfer of licence, etc.
- Liquidity: the ability to sell or purchase any given asset without causing significant market price fluctuations for that asset.
- Long Invested Amount: it refers to the total amount of money invested in a long position.
- Long position: also known as simply long—is the buying of crypto, stock commodity, or currency with the expectation that it will rise in value.
- Low Frequency: implies a limited number of trades (5-15) on a monthly horizon, normally the trades are built on long-term graphs.
- Machine Learning: the scientific study of algorithms and mathematical models that computer systems use to accomplish a specific task, using patterns and inferences, without explicit instructions. It is known as an artificial intelligence subset. Machine learning focuses on creating computer programs that access and use data on their own. The learning process starts with observations or data, such as examples, direct experience, or teaching, to search for data trends and, based on the examples that we provide, make better decisions in the future. The primary aim is to allow computers to automatically learn and adapt their actions without human intervention or assistance.
- Maker: someone who places an order in the Orderbook and does not execute immediately; so the order stays in the order book and waits for someone to fill/match it later. Trading exchanges tend to charge less fees for these types of orders
- Margin Trading: trading with borrowed funds. This is a riskier strategy than trading without leverage, and only experienced investors should use this.
- Margin Wallet: the wallet specific to trading with leverage/financing
- Market: all traders that execute orders of any type
- Market Price: the value of the most recently executed order
- Max Drawdown: the maximum value among previous drawdowns. Maximum Drawdown is an indicator of downside risk over a specified time.
- Max Trading Amount: the maximum amount that napbots allow you to use for trading with their bots. If you want to increase your trading amount you can always upgrade your plan.
- Moon: a colloquial term used to characterise a cryptocurrency or other asset experiencing a sharp upward trend in the market.
- Most Copied: it refers to the most copied crypto signals by the users in the napbots platform
- Neutral Invested Amount: it refers to the total amount of money in a neutral position.
- Open position: an open position in trading is any entered trade that has yet to close with an opposing trade. An open position can exist following a buy (long position) or a sell (short position). In any case, the position remains open until an opposing trade takes place.
- Open trade: it's the same as an open position. In trading is any entered trade that has yet to close with an opposing trade.
- Operational risks: any uncertainties and dangers faced by a company when attempting to conduct its daily business activities within a given field or industry.
- Orderbook: ledger in which all buy and sell orders are recorded and displayed. This is usually updated on a live basis so that people can take informed trading decisions.
- Overperforming: for a given period of time, to perform better than a benchmark.
- Okex: is a world-leading digital asset exchange that provides advanced financial services through blockchain technology to crypto traders. It is also one of the leading digital asset trading volumes and is based in Malta.
- P&L: it simply refers to the total profit or loss made by a trader over a certain time period.
- Pegged Currency: a currency in which the price is intended to be fully correlated to a designated asset. For instance: 1 USDT (Tether) is pegged at 1 USD.
- Perf 1Y: performance of a given strategy over a 12 consecutive months period. Performance is computed on historical prices, without taking into account any market impact or execution costs. Besides, past performance is not an indication of future performance.
- Position: a position is the expression of a market commitment, or exposure, held by a trader. It is the financial term for a trade that is either currently able to incur a profit or a loss. They come in three types: Neutral position, which means no actions are taken, short positions, which are borrowed and then sold, and long positions, which are owned and then sold. Depending on market trends, movements and fluctuations, a position can be profitable or unprofitable. Profit or loss on a position can only be realised once it has been closed.
- Quantitative approach: trading technique consisting of strategies based on quantitative analysis, which relies on mathematical computations and data crunching to identify trading opportunities.
- Real Execution: it refers to trade with real money in your designated cryptocurrency exchange.
- Realized PNL: refers to profit or loss on a completed trade or closed position. This means a position which has been initiated and then closed. It also includes any and all fees and commissions associated with the transaction. Fees vary depending on the exchange you use.
- Real mode: the button on napbots It refers to move from trading with a fictitious amount of money to trade with real money.
- Running Bots: it refers to the number of active trading bots you have selected to execute the trading signals.
- Short Invested Amount: it refers to the total amount of money taken in a short position.
- Short position: is created when a trader sells a crypto, security, stock, etc. first with the intention of repurchasing it later at a lower price. A trader may decide to short an asset when he believes that the price of that asset is likely to decrease in the near future.
- Signal Frequency: refers to the frequency that a trading signal will be generated from a chosen strategy.
- Signal type: it refers to the type of a signal in terms of time named Hourly, Daily or Weekly.
- Simulator Mode: allows a user to operate Napbots service and some of its features without using real money.
- Spread: difference between the ask and bid nearest the market price
- Stablecoin: a type of cryptocurrency designed to maintain a stable value vs fiat currencies.
- Strategies: it refers to all the library of crypto signals offered in napbots.com
- Taker: the "taker" is someone who decides to place an order on the Orderbook at market price. This order is instantly matched with existing orders. Trading exchanges tend to charge more fees for these types of orders
- Time Horizon: is the period of time an investment, crypto, security, asset, etc is expected to be held by an investor.
- Token: a type of cryptocurrency or digital asset that reside on their own blockchains and represent an asset or utility.
- Tracking Error: is the difference between a position or portfolio's price activity and a benchmark's price behaviour. Since the portfolio risks are often calculated against benchmarks. Also, are widely used to measure the performance of an investment. Tracking errors display an investment's consistency compared to a benchmark for a specific time.
- Trade: the action of buying or selling an asset, in this case cryptocurrencies.
- Trade History: refers to the history of trades made in the past.
- Trade Order: refer to the different types of orders that can be placed on trading exchanges for financial assets such as stocks, cryptos or futures contracts
- Trading Bot: a software that can automatically execute trades on a user behalf on its account in an existing Exchange.
- Trading Strategies: is a trading method of buying and selling in the market based on predetermined trading decisions.
- Turn Over Ratio: it is the percentage of a portfolio's holdings that have been replaced over a 12-month period. the higher the turnover, the higher the transaction costs.
- Unrealized PNL: the current profit or loss of an open position. The unrealized P&L reflects what profit or loss could be realized if the position were closed in that time.
- USDT: is the Symbol or Ticker of a Cryptocurrency called Tether. This cryptocurrency is pegged to the dollar. The cryptocurrencies in circulation are supposedly backed by a USD equivalent amount. It is the largest stablecoin in the cryptocurrency universe.
- Volatility: how fast and how much an asset's price does change. Calculated on standard deviations in an asset's annual return over a given period of time.
- Volume: the total quantity or value of trades (buys and sells) within a timeframe
- Wallet: storage location for a specific type of currency
- Wallet Amount: total amount of money you hold in your trading exchange.
- Weekly Strategy: a trading strategy that generates trading signals on a weekly basis. This is an example of a low-frequency strategy.
- Whale: an individual or organisation holding large quantities of Bitcoins or other cryptocurrencies, allowing them to impact markets.