Forex Broker

Understanding The Drawdown In Automated Forex Trading Systems

Submitted by: Winsor AGA Hoang

Michael Jordan was one of the best basketball players in the world. So what do Michael Jordan and automated Forex trading have in common? It is known in sports terminology as a cold streak or slump. Michael Jordan has missed more than 9000 shots in his career. He and his team have lost almost 300 games, and he failed to make the final game winning shot more than 25 times in his career. Does this make him a poor basketball player because he has failed over and over again during his career?

An athlete will go through a losing streak, and every trader will go through a similar losing streak, a period of consecutive losses with no profitable trades. In trading, this term is defined as drawdown, and it can be defined as a percentage or a number. Regardless of whether you are trading manually or using any automated Forex trading systems, you will experience a period of consecutive losses. It does not matter if you are Michael Jordan of the basketball world or the Warren Buffett of the investment world, everyone will face losses during their career or investment period. Losses are inevitable, and as investors/traders, we cannot avoid them. Trading involves both risk and reward; hence, it is impossible to obtain any type of reward without involving some risk.

[youtube]http://www.youtube.com/watch?v=R6ft90FLI-I[/youtube]

An automated Forex trading system cannot avoid a losing streak; however, it is with proper money management that it can minimize the losses during the cold streak. For example, if an automated Forex trading system has a maximum drawdown of $3,000 using a 0.1 standard trading lot, it is not advisable to start trading with this system using $5,000 as starting capital. If you are unlucky and a drawdown immediately starts right after you have turned on your automated Forex trading system, you will see your trading account going from $5,000, to $4,000, to $3,000, to $2,500 and then to $2,000. In this example, you just experienced a losing streak of $3,000, or a 60% drawdown.

Before using any particular trading systems, you want to know what is the largest loss you can face when an automated Forex trading system starts incurring losses due to changes in the volatile Forex market. You must understand that this is a temporary worsening condition of a trading system. This period is the trading risk, and it will pass. With this risky period, a good trading system will recover and provide you with ample rewards (a.k.a. profits). Depending on your level of risk tolerance, a 60% drawdown is quite extreme in one s trading account. If you know that the drawdown is $3,000, you may want to start trading with $10,000 instead of $5,000. During a losing streak of $3,000, you will only experience a drawdown of 30%, which is a lot more tolerable.

Be a good investor scout and always prepare for the largest losing streak during your investment period. A drawdown period can be as long as three months; hence, don t jump from one system to another system looking for the Holy Grail. If you have found a profitable trading system, stick with it during its three months drawdown period and you will be handsomely rewarded for your patience. Alternatively, follow a profitable automated Forex trading system and wait until it starts losing and then jump in. Just like Michael Jordan of basketball, after missing three baskets, he will likely score on the fourth basket, so don t give up on him too early.

About the Author: Winsor A.G.A. Hoang is a registered Professional Engineer and the founder of

ctsforex.com

. He has developed five

automated Forex trading robots

for managed forex trading. His automated software is internationally ranked with live trading results published every 30 minutes. Visitors can use the published trading results as free Forex trading signals

Source:

isnare.com

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Dr. Joseph Merlino on sexuality, insanity, Freud, fetishes and apathy

Friday, October 5, 2007

You may not know Joseph Merlino, but he knows about you and what makes you function. He knows what turns you on and he knows whether it is a problem for you. Merlino, who is the psychiatry adviser to the New York Daily News, is one of the more accomplished psychiatrists in his field and he is the Senior Editor of the forthcoming book, Freud at 150: 21st Century Essays on a Man of Genius. The battle over interpreting Freud’s legacy still rages, a testament to the father of psychoanalysis and his continuing impact today.

On the eve of the book’s publication, Wikinews reporter David Shankbone went to the Upper East Side of Manhattan to discuss the past and future of Freud and psychoanalysis with Dr. Merlino, one of the preeminent modern psychoanalysts. Shankbone took the opportunity to ask about what insanity is, discuss aberrant urges, reflect upon sadomasochism (“I’m not considered an expert in that field,” laughed Dr. Merlino), and the hegemony of heterosexuality.

Dr. Merlino posits that absent structural, biochemical or physiological defects, insanity and pathology are relative and in flux with the changing culture of which you are a part. So it is possible to be sane and insane all in one day if, for instance, you are gay and fly from the United Kingdom to Saudi Arabia.

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Historic gym the site of Benet Academy, Illinois victory over Oswego

Monday, January 18, 2010

Benet Academy Redwings 40 34 Oswego Panthers

The Benet Academy Redwings boys basketball team defeated the Oswego High School Panthers 40–34 Saturday night at Benet’s historic Alumni Gym. 

Located at Lisle, Illinois, United States, the gymnasium is home to Benet’s winning streak of 102 consecutive home games. The statewide record lasted from November 26, 1975 until January 24, 1987, when Naperville North High School defeated the Redwings 47–46. Benet also achieved 96 consecutive victories in the Western Suburban Catholic Conference at that time. 

The school continued to use the facility, colloquially referred to as the “Old Gym” or the “Small Gym”, until the end of the 1994 season, when a newer athletic center was built on campus. It wasn’t until the late 1990’s when then-coach Marty Gaughan decided to play one game per year in the Alumni Gym to remind the school of its history. “There is just an electricity, and you feel it when you are in there,” said Gaughan, who coached the team from the 1989–1990 season to the 2007–2008 season. 

This tradition continued until the 2006–2007 season, when the Redwings played against long-time rival St. Francis High School. Renovations prevented the gym from being used for athletic events over the past two seasons. This game was Benet coach Gene Heidkamp’s first opportunity to coach in the older gym. “So much history and winning has taken place there, which makes it so special. It is something the entire school community is excited about,” said Heidkamp. 

Saturday’s game was played at the Alumni Gym at the request of Oswego assistant coach Jim Bagley. He wanted his son, senior forward Chris Bagley, to experience the same atmosphere he had as he played for Benet in the 1978–1979 season. Greg Kwiatkowski was also Jim Bagley’s teammate in Benet, and his son, Joe Kwiatkowski, was in the Panthers’ starting lineup as well. “Two of us who played at Benet together and now our son’s play on [Oswego] together and for them to have a chance to play where we played is going to be a great night and great experience,” said the senior Bagley. 

Alumni Gym apparently still had its charm in the second half for the Redwings, whose 15–17 score at halftime worsened into an 11-point deficit in the third quarter. Benet fell behind with a score of 21–29 at the start of the fourth quarter. From that point, the Redwings’ defense began to kick in. Oswego could make only 2 of its 13 field goals in the third quarter. Benet’s offense also gained momentum as center Frank Kaminsky scored all of his 9 points in the fourth quarter. A shot by senior Mike Runger brought the score to 31–31, and two consecutive driving layups by David Sobolewski gave Benet the lead that would last for the rest of the game. 

“We hit a dry spell there, but let’s give credit where credit is due. Defense wins games and they are the best defensive team we’ve faced all year,” said Oswego coach Kevin Schnable.

Benet’s Matt Parisi led his team with 15 points, and Sobolewski scored 12. Oswego’s Andrew Ziemnik also scored 12. 

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Hurricane Bill now a Category 4 storm

Wednesday, August 19, 2009

Following a period of steady intensification, Hurricane Bill is now a Category 4 major hurricane, as defined by the Saffir-Simpson Hurricane Scale.

Bill formed on August 12 and became the 2009 season’s first hurricane on August 17. For the past few days, the storm has been moving toward the west-northwest, but that is expected to change later this week as it turns more toward the north. After that, its track is uncertain, though National Hurricane Center (NHC) forecasters believe the hurricane will pass between Bermuda and the United States.

As of 11 a.m. AST August 19 (0900 UTC August 19), Hurricane Bill was located within 15 nautical miles of 18.0°N 54.9°W, about 460 mi (740 km) east of the Leeward Islands. Maximum sustained winds were near 115 knots (135 mph, 215 km/h), with stronger gusts. Forecasters estimate the storm’s minimum barometric pressure at 950 millibars.

Bermuda could be under the most significant threat from Bill, and officials there have been monitoring the storm’s progress. Derrick Binns, Permanent Secretary of the Ministry of Labour, Home Affairs and Housing, reported that “We have been following the storm closely since its inception, and today we reviewed our planning and procedures to ensure all are in sync. While we have not as yet issued hurricane warnings, I think it is important to advise residents to check their emergency kits to be sure supplies are adequate.”

…[it is] almost inevitable that the storm will find some part of Eastern Canada. Whether that’s the marine areas or the land district, it’s still too far to say.

Bill is expected to spare the United States from any significant impact, but forecasters advise that since the storm is still several days away, nothing is certain. Indeed, residents of Long Island, New York are keeping a close eye on the cyclone’s progress.

Forecasters also warn that Bill could target parts of eastern Canada. Residents of Nova Scotia, mindful of the extensive damage from Hurricane Juan several years prior, are beginning to take precautionary measures.

Regardless of its exact track, Bill will likely generate rough surf and dangerous rip tides along the coast of the U.S. and Canada.

Tropical cyclones are known to be unpredictable, so interests in the regions potentially in Bill’s path are urged to track the storm’s progress over coming days and review emergency plans.

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Healthcare

Active Management Lets Health Care Professional Focus On Patient Well Being

Active Management lets health care professional focus on patient well being

by

activemds

Do you really get to be a doctor? Or you are just hooked to your computer and constantly try to remember the right illness code? Does most of your time is spent over the phone with the medical insurance company, explaining them what did you do and why did you do it? It is true, that is what clinical practice is all about these days. And clearly this is not what you signed up for.

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Every process and procedure followed at Active Management is compliant with HIPAA, the act aimed at regulating all

medical billing practices

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It is a well known and documented fact that any practice that provides patients health care shares information related to medical claims and services using electronic medium. Any doctor who has worked on medical billing solutions himself/herself would be familiar with X12-270 or X12-271 and many such formats.

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medical billing services

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Medical insurance and billing is tricky and as the old saying goes, the devil is in the detail”. With Active Management as your medical billing consultant, attention to details is given because a comprehensive and detailed case history will transpire in your patient s benefit and yours too.

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medical billing solutions

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For a health care practitioner looking to devote maximum time for patient s health and recovery, Active Management s

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Article Source:

ArticleRich.com

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Four arrested after building spire in Moscow painted in Ukrainian colors

Friday, August 22, 2014

Russian authorities have detained four people on Wednesday on suspicion of vandalism, following an incident where the spire of the iconic Kotelnicheskaya Embankment Building in Moscow was painted in the colors of the Ukrainian flag. The suspects, reportedly consisting of two men and two women, allegedly ascended the building by stairs to reach its top floor, before using climbing equipment to complete the ascent, according to Moscow police.

Over the course of the previous night, the suspects proceeded to paint the top half of the building’s star-shaped spire blue and erected a Ukrainian flag atop at about 7:15 am local time, reports the Interfax news agency, with information corroborated by Moscow’s municipal emergency services. The alterations to the building made by the suspects remained for several hours, before workers removed the flag and repainted the spire to its normal color. Containing 32 floors and standing at a height of 176 m (577 ft), the Kotelnicheskaya Embankment Building is one of the Seven Sisters, skyscrapers constructed between 1947 and 1953 in Moscow under the direction of Joseph Stalin.

Following the act, at least one of the suspects then reportedly descended from the building by parachute, reported state news channel Rossiya 24, and captured on a video published by Lifenews, reportedly filmed by a local resident. Additional video broadcast by Rossiya 24, taken from a window, captured a parachuting suspect landing in a nearby playground. Among the suspects was Alexander Pogrebov, who has denied the charges brought forth by authorities. “I was detained for parachuting off the skyscraper. I chose that place because it’s beautiful. […] It just so happened that at the time of the jump, someone else committed an act of vandalism — they destroyed the spire with paint, and raised the Ukrainian flag.” said Pogrebov in an interview to LifeNews.

Pogrebov’s comments were supported by a police official, who stated to the Itar-Tass agency: “The two young men and two girls say they jumped from a high building with parachutes. They say they didn’t hoist any flag and didn’t paint the flag.” If convicted of vandalism, Pogrebov and the other suspects may be sentenced to a maximum of three years imprisonment. Over the phone to Bloomberg, an unidentified duty press official stated the suspects were previously arrested over other charges. According to reports from Russian state television, all four suspects were Russian citizens.

Other acts by Russian protestors to show support and solidarity with Ukraine, contrasting the approval which came following the Russian annexation of Crimea, included the singing of the Ukrainian national anthem by protestors while being arrested. Russian musician Andrey Makarevich, who fronts the band Mashina Vremeni, which translates to “Time Machine”, was labelled as a “traitor” by Russian lawmakers and musicians who supported Russian interests, after he traveled to eastern Ukraine last week to perform for displaced children in regions held by the Ukrainian army.

On a post on Twitter, Russian opposition leader Gennady Gudkov stated “I don’t justify youngsters who painted a star on the skyscraper, but this is an administrative offense, not criminal”. In 2011 and 2012, following accusations of electoral fraud during the parliamentary elections at the time, Gudkov supported protestors who took to the streets of Moscow in opposition to Russian president Vladimir Putin.

The act comes just days prior to Ukraine’s Day of the National Flag on August 23 and Independence Day on August 24. The country’s president, Petro Poroshenko, expressed his approval from Kiev of the act and praise for the suspects in a written post on Facebook. “On the eve of Independence Day we are starting an initiative called ‘Our Colours,’ which is devoted to the Ukrainian flag” ((uk))Ukrainian language: ???????????? ??? ???????????? ?? ????????? ?????????? “???? ???????”, ??? ?????????? ???????????? ???????, wrote Poroshenko. “And it is symbolic that, on this day, our colours have been painted on what is perhaps the greatest skyscraper in Moscow. I urge Ukrainians throughout the world, wherever they are, on the eve of the anniversary of our independence, to decorate their homes, offices, and cars in our national colours.” ((uk))Ukrainian language: ???????????, ?? ? ??? ???? ? ???? ??????? ????????????, ???????, ????????? ??????? ? ??????. ???????? ????????? ?? ?????? ?????, ?? ? ???? ?? ????, ??????????? ??????? ????????????, ?????????? ???? ???????, ?????, ???? ? ???? ??????????? ???????.

“I like very much the fact that, on the eve of celebrating the Ukrainian flag, one of Moscow’s highest buildings was painted in our colors,” Poroshenko said in a video posted on Facebook. “I congratulate these Ukrainians.” Following the deaths of more than 2,000 people and the displacement of 300,000 from their homes amid fighting in eastern Ukraine between the Ukrainian armed forced and pro-Russian separatists, Poroshenko is scheduled to discuss the crisis with Putin next week, the first such meeting in two months.

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Uncategorized

Wikinews 2020: An ‘Original reporting’ year in review

Friday, January 1, 2021

After an active year of original content published on the English-language Wikinews, we take a look back at some of the two dozen-plus original reports from our contributors during 2020.

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93-year-old Michigan man freezes to death after electric company limits his power usage

Wednesday, January 28, 2009

Marvin Schur, a 93-year-old man from Bay City, Michigan has died after the electric company limited his electric use due to his failure to pay over US$1,000 in past-due payments.

Bay City Electric Light & Power installed a power-limiting device on his home on January 13. The device would limit the amount of power the resident uses and would essentially shut it off if that limit is reached, or if the resident fails to pay the outstanding bill within 10 days of installation. In order for the electricity to be turned back on, the limiter must be reset by pushing a button.

Bay City power says that a warning, indicating that the power was to be turned off and a limiter installed, had been placed on Schur’s front door. Despite that, the company says that they are now “looking at our website and possibly doing an automated phone message. We obviously need to get the word out.”

The autopsy performed on Schur’s body concluded that he had died “a slow, painful death” caused by hypothermia. Dr. Kanu Virani, who performed the autopsy, explained: “Hypothermia shuts the whole system down, slowly. It’s not easy to die from hypothermia without first realizing your fingers and toes feel like they’re burning.”

It was less than 32 degrees Fahrenheit (0 Centigrade) in Schur’s home when neighbors found Schur dead on January 17. Virani commented that it was his first time performing an autopsy on a body in which “the person froze to death indoors.”

“His furnace was not running – the insides of his windows were full of ice the morning we found him,” said George A. Pauwels Jr., who was with his wife when they found Schur’s body.

In Michigan it is illegal for a utility company to disconnect power to any home between November 1 and March 31 when a resident is over the age of 65. Limiters are also not supposed to be used during that time frame. However, municipally-owned electric utilities like the one in Bay City, are not regulated by the state. The Michigan state attorney general’s office has launched an investigation into the incident.

Residents around Schur’s home say he was hard of hearing, and the city states that the device’s function and operation were never explained to him. When word of the story got around, people from all over the United States began to call the city in anger.

“I’ve taken calls from Canada, Massachusetts, Texas, New York, Alabama – and that’s just the ones I can think of off the top of my head,” said Melody Roth of the city’s administrative office, who also added that people from all over are “calling all city departments, not just our office.”

Schur has no known children, and his wife had died several years prior to the incident.

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Finance

2014 Ford C Max Hybrid Review

Submitted by: Avelyn Charms

With the developing interest for hybrid vehicles in the market, more car makers are propelling their hybrid variations. Ford excessively had joined the class a few years once more with its C-Max model which offers a nearby rivalry to the Toyota Prius model. This 5-passenger hybrid model offers a noteworthy mileage, sufficient measure of inner part space and amazing gimmicks which settles on it a shrewd decision in the portion. For 2014, the model gets just minor tweaks in transmission and body aeromechanics to enhance fuel proficiency, and continues unaltered for whatever remains of the part. The 2014 Ford C-Max confronts rivalry from Honda CR-V, and Toyota Prius V models, yet figures out how to inspire with its one of a kind peculiarities and adaptability.

The 2014 Ford C-Max is a five-traveler half breed hatchback model which is accessible in SE and SEL trims. The SE trim comes standard with 17-inch composite wheels, full power extras, incorporated blind side mirrors, journey control, the Sync voice summon framework, Bluetooth telephone and sound network, double zone programmed atmosphere control, a tallness customizable driver situate, a calfskin wrapped tilt-and-extendable guiding wheel, a six-speaker sound framework with a CD player, an assistant sound jack and an ipod/USB sound interface.

[youtube]http://www.youtube.com/watch?v=xrJuigh2aCc[/youtube]

Accessible options on the SE model incorporate the Power Liftgate and Rear Park Aid bundle, which includes a force liftgate, back stopping sensors, and surrounding inner part lighting. An alternate bundle is the Sync and Myford Touch bundle, which gets you a touchscreen show, an improved gage group, additional Sync administrations and satellite radio. A route framework might be included when both of these alternatives are chosen. The Winter bundle incorporates warmed seats and mirrors. The greater part of the above gimmicks come standard on the SEL model, except for the force liftgate and route framework. Extra peculiarities on the SEL incorporate foglights, warmed front seats, an eight-way control driver seat (with two-way lumbar conformity), programmed wipers, keyless ignition and passage, cowhide upholstery and an auto-darkening mirror.

The Premium Audio and Navigation bundle includes the route framework and a nine-speaker Sony sound framework with HD radio. To this you can include the Hands-Free Technology bundle, which incorporates a rearview Polaroid and an improved force liftgate that permits you to open it essentially by swiping your foot under the guard. The Parking Technology bundle (requires the past two bundles) incorporates front stopping sensors and a programmed parallel stopping framework.

Under the hood, the 2014 Ford C-Max half and half model is controlled by a 2.0-liter four-barrel fuel motor that delivers 141hp and 121 lb-ft of torque. It is combined with an electric engine that is nourished by a lithium-particle battery pack. Together they create a joined yield of 188hp and are combined with a standard persistently variable transmission. The evaluated mileage of the 2014 Ford C-Max remains at a noteworthy figure of 42mpg city/37mpg interstate and 40mpg joined.

Regarding wellbeing, the standard peculiarities for the 2014 Ford C-Max incorporate antilock plate brakes, front-seat side airbags, full-length side window ornament airbags, solidness and footing control, and driver knee airbag. Back stopping sensors come standard, and front stopping sensors and a rearview Polaroid are nonobligatory. Likewise standard are the 911 Assist framework which consequently calls for crisis administrations by means of a Sync-matched cell phone, and Mykey, which permits holders to set certain pace and stereo volume parameters for teenager drivers.

About the Author: Avelyn Charms a Self proclaimed Automobile BloggerLink to original Article :

usedfordcarsunder1000.wordpress.com/2014/08/11/2014-ford-c-max-hybrid-review/

Source:

isnare.com

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Uncategorized

MTV debuts ‘Logo’ cable channel targeting gay market

Saturday, July 2, 2005

MTV Networks launched a new cable channel to 10 million homes Thursday featuring movies, documentaries and original programming targeting the lesbian, gay, bisexual and transgender audience becoming the first 24-hour digital cable network offered in the United States on several cable providers and satellite systems.

Logo will present original series, documentaries and specials as well as a library of over 200 lesbian and gay films. The cable channel is also teaming up with CBS News to cover lesbian and gay stories and headlines.

While the channel debuted Thursday, Viacom, the parent comany of Logo, had still not signed licensing agreements with several of the largest cable providers including Comcast and Cox. DirecTV signed a deal Wednesday making Logo available to 13 million households, and Time Warner and Atlantic Broadband have committed to carry the network.

Advertisers will include Orbitz, Tylenol, Motorola, Miller Lite, Lions Gate Films and Subaru wishing to market to the coveted 25-to-49 age range providing an opportunity to reach out to the lesbian and gay market.

Wikipedia has more about this subject:

Opposition to the new channel was expected with MSNBC quoting Janice Crouse, senior fellow at Concerned Women for America, a conservative public-policy women’s organization based in Washington, D.C., calling Logo “another example of an assault on children’s innocence, a means of legitimizing a homosexual lifestyle, mainstreaming homosexuality in a positive and appealing way.”

The Gay & Lesbian Alliance Against Defamation (GLAAD) hails the launch of Logo.

“Logo has the potential to reach millions of American television viewers with images and stories that can play a vital role in broadening understanding of our lives, our families and our relationships,” says GLAAD Entertainment Media Director Damon Romine. “MTV Networks has a long history of groundbreaking gay and lesbian programming, and devoting an entire network to telling our stories gives us cause to celebrate.”

“What these networks provide is something new: an unprecedented opportunity for gays and lesbians to see ourselves depicted as we are, rather than as others see us,” Romine says. “At its best, television holds up a mirror to our lives, and the advent of these three networks means that LGBT viewers can now see themselves more accurately and fully reflected in that mirror.”

Many have wondered why it took as long as it did to introduce a national LGBT cable channel considering the success of mainstream network shows like “Will & Grace” and “Queer Eye for the Straight Guy.”

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