Articles from: April 2022

Forex Trading Robots – Why Most Automated Trading Systems Sold Will Destroy Your Equity

There more popular than ever and greedy investors think they are going to get rich quickly with no effort. The reality check is almost all robots will destroy your account equity quickly…

95 – 98% of robots I see on the net have not even been traded!

The track record has this disclaimer on it.

Look for it in the small print if you see it and read it you will understand why it probably will fail miserably:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.

then of course the statement that makes the track record no use at al in determining profitability:

Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

Now what is the logic of having a track record that has never been traded and what does it tell you?

Does it indicate anything about the profitability of the system – NO

Of Course it doesn’t and it’s a wonder that these track records are allowed to be used to sell to the public. Most of the time the traders buying the system don’t dig to deep and are generally trusting throw in some good copy and there soon buying the system.

I always read about how these forex robots are sold by ex bank traders etc – there not, there sold by marketing companies looking to tap into the huge market in forex trading products.

You can make money in forex but an automated trading system that has never been traded is not the way to do it. Let’s make one point clear:

Forex trading is NOT as easy as giving a few hundred dollars and buying success in a box – life isn’t like that!

You need to get the right forex education and do your homework – if you want to buy a forex trading system you can find some good ones with track records if you shop around – but never ever buy one with a simulation.

You could trying writing to the vendor and ask for his track record audited over say 2 years and see if you get a reply but don’t hold your breath.

Gm’s Robot Commercial Depicts Suicide According To Nami

General Motors robot commercial which was aired during the Super Bowl has aroused various reactions from the audience and most of them were not very happy with what they have seen. According to the Mental Health and Suicide Prevention Community the commercial encourages suicide.

After General Motors controversial ad, the company has been bombarded by complaints. But according to the worlds largest automaker and maker of the popular GM Nerf Bars, everything is under control and as a matter of fact – they are also planning to air the same commercial again for the Academy Awards on February 25.

The National Alliance on Mental Illness or NAMI, the nations largest organization that focus on serious mental illnesses, depression and obsessive-compulsive disorders has expressed their disappointment with General Motors through their Executive Director Michael Fitzpatrick, who commented, The GM commercial is recklessly irresponsible. How many national organizations does it take to change their minds?

It should be noted that it was not only the robot commercial of General Motors that was considered offensive during the Super Bowl. Even the ad of Mars, Inc. for its Snickers candy bars has also provoked negative reactions from the crowd especially from the gay community. But unlike GM, Mars, Inc. has decided to stop their Super Bowl ad for fear of further offending the public.

Fitzpatrick explained that the traditional marginalization of mental health concerns is rooted in stigma and discrimination. General Motors robot ad that reportedly suggests suicide may encourage some very depressed individuals to commit suicide. Suicide kills. Depression kills. Obsessive-compulsive disorder can kill. But GM sees those kinds of concerns simply as cute, advertising gimmick. What does it say about the companys concern for public health?

In the ad, the robot that was working for GM drops a bolt on the assembly line and was fired because the automakers obsession for quality. The robot search for other jobs but unfortunately got fired again. Due to extreme depression the robot decides to end his life by jumping off the bridge.

The tragic concept of the ads has alerted NAMI to take the necessary step in informing General Motors of the horrible impact it might have on emotionally disturbed individuals who may see that commercial. NAMI has warned GM that the depictions of suicide in mass media in the past have been proven to increase the risk of suicide contagion, clinical term for copy cat suicides.

NAMI also added that the robot ad may increase suicide cases in the country brought about by the fact that there are a high number of unemployed individuals in the country right now. And unfortunately General Motors with its restructuring program has caused many employees to lose their jobs. The ad will be like adding insult to injury.

How To Fully Clean A Virus Off Your Computer

If you are anything like I am, you have been infected by at least one virus and occasionally have a really hard time removing it. I will show you to remove these tough viruses without having to rebuild your computer or pay someone big money to do so.

Ok so you notice your computer is running very slow. You run your virus scan software and find one or more viruses. You clean them up and your computer still runs slow. You cant figure out why so you run another scan and find out that the same virus is still on your computer. How does this happen?

Basically, there are viruses that will drop into protected system files or startup files that hide within your computer. Sometimes they cannot be removed without rebuilding your computer but there are a few ways around this.

First things first, get a computer toolkit ready to destroy the virus on multiple levels. I recommend a spybot scanner, adware scanner, and virus scan. Plus it always helps to have a strong registry cleaner. Once you have all of these tools ready to go, get them updated fully and download the latest versions of each if possible. After you have updated all of these tools DISCONNECT your internet connection from the computer.

It is essential to disconnect from the internet because most of the imbedded viruses will connect to their host site after the main piece is removed and will download and install itself again without you knowing. Run all of your scan utilities first and restart your computer after they have finished. Once the computer is started up, run the scans once more and restart if the virus is back. If you cannot remove the virus within three restarts, further action is required and will more than likely result in a rebuild.

If you remove it, run a registry clean to remove any leftover tag files. This will also help speed up your computer slightly. Refer to my article 5 Easy Tips To Keep Your Computer Running Smooth And Safe for more computer optimization tips. Restart once more and connect to the internet once more. You should run one more scan to verify the virus is gone. If it is we are ready to go. If it isnt removed you will have to take a couple more steps.
Use your scan utilities to find out exactly where the files are located and remove them from the registry. Be warned that removing registry files can break your operating system.

Ideas For Quick Science Fair Projects

Quick Science Fair Projects

Students in high school participate in science fairs in order to demonstrate their advanced understanding of a biological or physical sciences concept. These students are required to present a project that indicates higher order thinking and analysis. The standards for evaluating projects for these grade levels can be quite high and the competition can be fierce. The events for young students are based on different principles. Often younger students in the earlier grades participate in quick science fair projects. These quick science fair projects are not based on the level of knowledge or application principles of the high school students projects. The quick science fair projects in the earlier grades are based more on demonstrating an understanding of the facts related to a particular topic of science.

Quick science fair projects for the younger students are often completed in a matter of days, where the high school age students can spend weeks or even months on their projects. The quick science fair projects designed for younger students are tailored for the learning styles and abilities of this age of student. Thinking abstractly is not skills that younger students have developed so quick science fair projects are perfectly suited for their abilities. The characteristics of quick science fair projects include the use of every day items that can be found easily in the home or classroom. The teacher will often provide the necessary materials so that these younger students can experience the successful completion of their quick science fair projects.

While there are processes and the need to record data while completing quick science fair projects, the steps involved will be clearly explained to the students. For the earlier grades it is more important to carefully instruct them throughout the process of completing their projects. Older students can generate some of their own questions and testable theories, but younger students fare better with a set list of materials and how to use those materials to achieve the results. When deciding which quick science fair projects to use in the classroom it is important for these reasons to choose projects that are age appropriate. This way you ensure that the experience of bringing science to life is rewarding and enjoyable for your students.

Forex Robots And Automated Trading – Is It Possible

With all the new automated forex trading systems popping up on the internet it leaves us with many choices and the question which ones actually work and which ones are complete junk. The truth is,good forex robots do exist, it’s just a matter of knowing what to look for.

One of the primary reasons traders fail is due to a lack of experience and misunderstanding of the psychological aspects of the market. There are more and more speculators popping up in the markets each and everyday trying to reach their trading goals in the forex market. Forex trading also involves a lot of risk and with that it requires one to have complete control along with excellent discipline. The problem is most traders, even the experienced ones either do not have the time to trade or cannot discipline themselves to follow a set of rules.

Fortunately for us, we’ve developed forex robots, or again, expert advisers that do the thinking and trading for us. Forex robots have many benefits and one is the robots ability to remove all human emotion from trading, thus enabling the system to make sound trading decisions based on a set of rules and indicators that have proven themselves overtime. Another benefit from expert advisers and forex robots is there ability to adapt to changing market conditions and to place trades even while you’re away from the computer.

So then, we have to ask ourselves, what does a good forex robot look like? A solid forex system will have a success rate of 60% or higher and the system will have the ability to adjust stop losses and targets accordingly to hit it’s profit targets. A good forex system should be built around just a few currencies rather than trying to cater to all major currencies. The reason being, each currency tends to have it’s own predictable ranges and movement. It’s almost impossible for a forex system to be able to cater to each currency, therefore the ones that stick to just a few tend to be the most successful.

A solid forex robot uses sound money management and never over trades. Though it’s good to find systems with a 60% success rate or higher, ultimately proper money management will allow you to maintain consistent returns even if you lose the majority of your trades. How is this possible? Using a risk to reward ration of 3:1 or better. Meaning, if you win 3x the amount you lose, than you can be wrong 40% of the time and still come out a profitable trader in the end.

There are plenty of forex systems and robots to choose from. The good ones are not hard to find and sometimes can be right under your nose. Make sure do your research.

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