| Bluetooth 5.0 emerges, ready to chew on the internet of things
Which will come in handy for things on the internet of things. Range can now hit 200m under the right circumstances. “8 x data” refers to message size.
|
Saturday, December 10, 2016
December News on IoT - 1
This week on IoT
Saturday, January 14, 2006
Building a money machine - Part 1
This is a start of a serious of blog posts that will walk through the requirements for building a successful money machine. The outcome will be a clear understanding regarding what are the ingrediants for such a tool. It will be an exercise to the readers to find the individual answers and decide whether to build their own tools.
First of, I would like to point you to my earlier posts The philosophy of a Trade Machine and The Money Machine exists!!!.
Except for the technical ability to automatically transmit buy and sell orders, the first obstacle that we have to overcome is to define the trading strategy which is based on the following key questions:
Next, we have to decide which stock market are we trading? The market decision should fit to the timeframe in which we are intending to trade. For example, if we are willing to daytrade, the market we choose must be of a high volume, otherwise we won't have the ability to trade on small fractions which is a must in daytrading.
For example the Forex/Currency market is a good candidate for day trading since it has high volumes and the trade spans are very close.
Next, we have to:
The decision where to trade should fit of course to our earlier decision regarding the market and the timeframe. It should also fit to our tools that will execute the strategy, for exmaple, if we are willing to use an off-the-shelf tool that helps us to execute the strategy, the tool should have an access for using the trading network, or be part of it.
In my next posts I will talk about these two elements of the plan. What question should you ask for the decision where to trade, and how to build a "system" and what is it anyway.
First of, I would like to point you to my earlier posts The philosophy of a Trade Machine and The Money Machine exists!!!.
Except for the technical ability to automatically transmit buy and sell orders, the first obstacle that we have to overcome is to define the trading strategy which is based on the following key questions:
[1] Which market are we trading? (Equities, Futures, Forex, ...)
[2] What kind of time frame do we intend to use in our trades? (Intraday such as a Day trader, 3-5 days holding limits such as a Microtrend trader, or maybe 10-14 (or more) days holding such as a position trader)
- The timeframe defines the buy/sell possibilities strategy.
- The decision which timeframe to use is individual. It vary based on self psychology, knowledge and initial available capital for trading.
Next, we have to decide which stock market are we trading? The market decision should fit to the timeframe in which we are intending to trade. For example, if we are willing to daytrade, the market we choose must be of a high volume, otherwise we won't have the ability to trade on small fractions which is a must in daytrading.
For example the Forex/Currency market is a good candidate for day trading since it has high volumes and the trade spans are very close.
Next, we have to:
[1] Decide where we are trading (using a brokerage firm, trading system, direct access to ECN, ...)
[2] Build the system that executes our trading strategy.
The decision where to trade should fit of course to our earlier decision regarding the market and the timeframe. It should also fit to our tools that will execute the strategy, for exmaple, if we are willing to use an off-the-shelf tool that helps us to execute the strategy, the tool should have an access for using the trading network, or be part of it.
In my next posts I will talk about these two elements of the plan. What question should you ask for the decision where to trade, and how to build a "system" and what is it anyway.
Leadership (By RUDOLPH GIULIANI)
I have read this book last year and lately had a conversation about it with a friend who happened to read it too. I have found the book to be very interesting and almost didn't leave it until I read it all. There are several issues that caught me in the book:
1. The high achievement standards demonstrated by RG.
2. The broken windows theory.
3. The self example.
4. The morning meetings that helped to move things up.
Well, actually there are lot more and these are only the labels of a much wider stories, however, I would like to concentrate today on the broken windows theory,
and this because I find it to be so useful to think at that way and I think everyone should be familiar with it in order to better understand how simple it might be to get to higher standards when you just follow the rules of consistency and showing an example.
The "broken windows" theory says in short that in places where the windows are broken, it might be common to assume that one more broken window will not be a disaster (on the contrary). This saw might be deduced to many fields such as:
[1] If you are shouting at me, it is ok to shout.
[2] If a politician is a liar, his surrounding might be built of lies (and is it ok?).
[3] If there is already a garbage on the floor, it is ok to drop some more garbage on that floor....
So, in short, the theory says - "fix the broken windows unless you want to see all the others broken too..."
1. The high achievement standards demonstrated by RG.
2. The broken windows theory.
3. The self example.
4. The morning meetings that helped to move things up.
Well, actually there are lot more and these are only the labels of a much wider stories, however, I would like to concentrate today on the broken windows theory,
and this because I find it to be so useful to think at that way and I think everyone should be familiar with it in order to better understand how simple it might be to get to higher standards when you just follow the rules of consistency and showing an example.
The "broken windows" theory says in short that in places where the windows are broken, it might be common to assume that one more broken window will not be a disaster (on the contrary). This saw might be deduced to many fields such as:
[1] If you are shouting at me, it is ok to shout.
[2] If a politician is a liar, his surrounding might be built of lies (and is it ok?).
[3] If there is already a garbage on the floor, it is ok to drop some more garbage on that floor....
So, in short, the theory says - "fix the broken windows unless you want to see all the others broken too..."
Tuesday, December 27, 2005
The MySpace Generation
An article under that name was posted two weeks ago in the businessweek magazine http://www.businessweek.com
Creativity & Innovation link
I have found the following link http://www.corante.com/ideaflow/ to be interesting and refreshing.
It deals with ideas, innovation, strategy, marketing and whatever goes with it – very interesting
source of information that can fits to this blog.
Enjoy!
Saturday, December 17, 2005
Global Investment Strategy - Asia
One of the recent suggestions I have received from several investors is to adopt a global investment strategy. What is it, you may ask. In short, it is a strategy that divides the investment into multiple markets, making use of globalization in order to do so in low rates, giving the investor the opportunity to reduce his risk by depending on multiple markets instead of one. In most global strategies that I have heard so far there is a clear weight to the Asian markets, namely China and Japan, but not only, the Turkish market also show good signs.
The domestic consumer demands in China causes it to overtake the US roll in that section in the short coming months. As for Japan - The last year might be a turning point in Japanese economy which suffers for more than a decade now. The unemployment is at the lowest rate in the last 7 years, real-estate value starts to rise in some places, which is a rare situation in the last 10 year, there are some economical signs that can be observed as an initial process to build an inflation - after a decade of deflation. All the above might be interpreted as a signal to put more attention on the Japanese market.
How to invest in Japan? The most easy way is to use an index that follows this market. EWJ for example is a stock that represents the Japanese Index and follows about 85% of the market share of most of the public companies in this market.
Other options are to trade Japanese companies that already traded in the west stock exchanges, for example Sony, Honda, Canon, Kyocera and more. However, these stocks represents each a portion of the segment that they are belongs to, and this should be taken into account.
The domestic consumer demands in China causes it to overtake the US roll in that section in the short coming months. As for Japan - The last year might be a turning point in Japanese economy which suffers for more than a decade now. The unemployment is at the lowest rate in the last 7 years, real-estate value starts to rise in some places, which is a rare situation in the last 10 year, there are some economical signs that can be observed as an initial process to build an inflation - after a decade of deflation. All the above might be interpreted as a signal to put more attention on the Japanese market.
How to invest in Japan? The most easy way is to use an index that follows this market. EWJ for example is a stock that represents the Japanese Index and follows about 85% of the market share of most of the public companies in this market.
Other options are to trade Japanese companies that already traded in the west stock exchanges, for example Sony, Honda, Canon, Kyocera and more. However, these stocks represents each a portion of the segment that they are belongs to, and this should be taken into account.
Friday, December 16, 2005
FOREX Starter Kit Sample
In the process of finding reference manuals on investment markets I have found the following link to be useful for giving a nice overview of the FOREX market. I believe it to be a nice starter for those who are not familiar with FOREX at all.
Reminiscences of a stock operator
As part of getting back into investment, trading and technical analysis (see my new blog at http://trademachine.blogspot.com), I have read this book: Reminiscences of a stock operator by Edwin Lefevre. Although this book was initially printed in 1923, it is interesting to see that the psychology of stock traders have not changed much. Nice book with an interesting story. It tells the actual story of the writer which happened to be one of the geratest stock speculators who become a legend throughout his living and also known through the following nicknames: "Daring Kid", "Cotton King" and "The Big Bear". The basic principle of stock trading remains the same, along with the excitement that came with it.
Tuesday, December 13, 2005
Globalization: Western Culture, Democracy and Interests Paradox
Source: Technomarket.
We might think that globalization and trade activities between countries are a key factor for making a meaningful progress in the overall health and wealth. Is it right? Rest assure that this debate can not be covered in this short column, there are too many complex factors involved, among them traditions, cultures, religions, economies, geographical structure, politics, ego, interests and much more. However, I wanted to point out one factor that build up a paradox that the whole world will have to deal with, and from my point of view, it better be soon.
Don't Be Naive !!! The western culture, although being built of democracy, is also built of rules. Our education is based on the common understanding that says that people should act based on a global and mutual social interests, and by applying to the rules we will live peaceful and can expect for having the tools and capabilities to gain more progress in our life, either it is financial, spiritual, educational, or other. It is also common to think that this is the right way to live in order to increase the overall satisfaction and efficiency, just by being collaborative and conforms to the common rules. The democracy gives us the right to choose between alternatives and the ability to show our individualism, as long it is being based on the common rules. This is nice, as long as we are all sharing the same faith, common understanding, and similar education. What happens when we don't? Well, I want to tell you that in the global world this just don't work and that we are all naive (yes, me too. Well - not any more). The western countries are currently facing a critical challenge, their own rules putting them in dangerous and it is time to understand that yesterday's rules does not apply to the future, and domestic rules are different than exterior ones. Also, there must be alternative rules, or better say alternative ways for dealing with situations that your rules does not thought about.
You might ask yourself what am I talking about. I'm talking about terror, terrorism, terrorists and the way the world is dealing with them. I'm talking about the long processes that we have to comply with when we are dealing with evil enemies, those that are not sharing the common understanding with us and are using our own rules cynically to work for them. We give them the tools to publicly judge us under soft eyes of bleeding hearted public, whilst our enemies are not judged at all. Our democracy enforce us to allow open communication even in critical situations. The reporters that can not enter into the other lines and show their actual evil, are busying in showing our own acts with much more criticism that we deserve, leaving no place for doing the "right thing" since everything is under everybody's eyes. - This is naive I must tell you. Some saw says, "When you are at Rome, act as a Roman" - are we?
The "flattening of the world" makes us more vulnerable for being the victims of evil forces since there are much more alternatives for small groups to organize plan and move from one place to another, using basic low-cost tools. Decisions can be made in a distance, and it is relatively more difficult to track such organizations today due to the mass means of message deliveries that exist - this is one of the major cynical ways of using our own tools to attack us, the Internet which was built in the USA is now used against it, and against the modern world.
The United Nations organization supposed to be the competent authority for solving problems such that. So does (maybe) the international justice court in Hague. The problem from my point of view is that both organizations are either using double standards, or not familiar with the situation they are facing with. When each of these organization condemns Israel for its some kind of reaction, and cannot do the same for a suicide bomber, I see it as a brute double standard (without getting into the question whether Israel is right or wrong). If this is the case, how can we expect the suicide bombers to stop doing so? Isn't it supposed to be a trivial act to condemn such kind of "solution"? - When the evil is condemned, it is basically done through a long process. Take the Iraqi crisis for example. Is the long "play" of Saddam Hussein with the UN observers sound reasonable? It took them years to understand that collaboration will not be made. Another sample, the Palestinian authority. Israel through Osslo's agreement started to "pay" by providing its share of the agreement. The Palestinians from the other hand are keeping to educate their children for war, and building a new generation of fighters and suicide bombers, instead of sticking to their side of the agreement - which will bring them new opportunities, prosperity and much more joy and potential.
Call for action: My call for action is to form a new agenda in the political life. A one that is much more responsible and less hesitant. One that will put the interests of well being at the top, and will not use double standards. One that can be controlled and criticized, but not by the overall public in a way that gives ways to the civil enemies to use it cynically. A special body should be built in order to perform such control, but also to enforce proper education that will maintain the overall integrity. Our rules should be apply to anyone that participate in our culture and act under the same rules. All the others, should be treated by a different set of rules, in some cases even with their own rules.
We might think that globalization and trade activities between countries are a key factor for making a meaningful progress in the overall health and wealth. Is it right? Rest assure that this debate can not be covered in this short column, there are too many complex factors involved, among them traditions, cultures, religions, economies, geographical structure, politics, ego, interests and much more. However, I wanted to point out one factor that build up a paradox that the whole world will have to deal with, and from my point of view, it better be soon.
Don't Be Naive !!! The western culture, although being built of democracy, is also built of rules. Our education is based on the common understanding that says that people should act based on a global and mutual social interests, and by applying to the rules we will live peaceful and can expect for having the tools and capabilities to gain more progress in our life, either it is financial, spiritual, educational, or other. It is also common to think that this is the right way to live in order to increase the overall satisfaction and efficiency, just by being collaborative and conforms to the common rules. The democracy gives us the right to choose between alternatives and the ability to show our individualism, as long it is being based on the common rules. This is nice, as long as we are all sharing the same faith, common understanding, and similar education. What happens when we don't? Well, I want to tell you that in the global world this just don't work and that we are all naive (yes, me too. Well - not any more). The western countries are currently facing a critical challenge, their own rules putting them in dangerous and it is time to understand that yesterday's rules does not apply to the future, and domestic rules are different than exterior ones. Also, there must be alternative rules, or better say alternative ways for dealing with situations that your rules does not thought about.
You might ask yourself what am I talking about. I'm talking about terror, terrorism, terrorists and the way the world is dealing with them. I'm talking about the long processes that we have to comply with when we are dealing with evil enemies, those that are not sharing the common understanding with us and are using our own rules cynically to work for them. We give them the tools to publicly judge us under soft eyes of bleeding hearted public, whilst our enemies are not judged at all. Our democracy enforce us to allow open communication even in critical situations. The reporters that can not enter into the other lines and show their actual evil, are busying in showing our own acts with much more criticism that we deserve, leaving no place for doing the "right thing" since everything is under everybody's eyes. - This is naive I must tell you. Some saw says, "When you are at Rome, act as a Roman" - are we?
The "flattening of the world" makes us more vulnerable for being the victims of evil forces since there are much more alternatives for small groups to organize plan and move from one place to another, using basic low-cost tools. Decisions can be made in a distance, and it is relatively more difficult to track such organizations today due to the mass means of message deliveries that exist - this is one of the major cynical ways of using our own tools to attack us, the Internet which was built in the USA is now used against it, and against the modern world.
The United Nations organization supposed to be the competent authority for solving problems such that. So does (maybe) the international justice court in Hague. The problem from my point of view is that both organizations are either using double standards, or not familiar with the situation they are facing with. When each of these organization condemns Israel for its some kind of reaction, and cannot do the same for a suicide bomber, I see it as a brute double standard (without getting into the question whether Israel is right or wrong). If this is the case, how can we expect the suicide bombers to stop doing so? Isn't it supposed to be a trivial act to condemn such kind of "solution"? - When the evil is condemned, it is basically done through a long process. Take the Iraqi crisis for example. Is the long "play" of Saddam Hussein with the UN observers sound reasonable? It took them years to understand that collaboration will not be made. Another sample, the Palestinian authority. Israel through Osslo's agreement started to "pay" by providing its share of the agreement. The Palestinians from the other hand are keeping to educate their children for war, and building a new generation of fighters and suicide bombers, instead of sticking to their side of the agreement - which will bring them new opportunities, prosperity and much more joy and potential.
Call for action: My call for action is to form a new agenda in the political life. A one that is much more responsible and less hesitant. One that will put the interests of well being at the top, and will not use double standards. One that can be controlled and criticized, but not by the overall public in a way that gives ways to the civil enemies to use it cynically. A special body should be built in order to perform such control, but also to enforce proper education that will maintain the overall integrity. Our rules should be apply to anyone that participate in our culture and act under the same rules. All the others, should be treated by a different set of rules, in some cases even with their own rules.
Technology Gadget: BlueTooth Jacket
Source: Technomarket
Burton Snowboards announced on a joint venture with Motorola for the development of a series of technological cloths, among them the BlueTooth Jacket that is expected to be available earlier next year (2006). The BlueTooth Jacket under the name Audex Jacket is expected to function as a media center, enabling collaboration between BlueTooth devices such as Cellular Phone, MP3 Player, PDAs and more. A control panel is stitched to the left sleeve of the Jacket along with embedded microphone and earing in the Jacket's cap.
Price is expected to be around $600.
Information Source
Burton Snowboards announced on a joint venture with Motorola for the development of a series of technological cloths, among them the BlueTooth Jacket that is expected to be available earlier next year (2006). The BlueTooth Jacket under the name Audex Jacket is expected to function as a media center, enabling collaboration between BlueTooth devices such as Cellular Phone, MP3 Player, PDAs and more. A control panel is stitched to the left sleeve of the Jacket along with embedded microphone and earing in the Jacket's cap.
Price is expected to be around $600.
Information Source
The philosophy of a Trade Machine
Source: TradeMachine.
It is a long time now that I'm playing with the idea of making a Trade Machine. I'm a novice technical trader, using technical analysis tools for making on-the-spot buy/sell decisions. There are plenty of people worldwide that are doing the same, some are more experienced and professional and some even doing it for a living. I am not doing it for a living, but wish I could, and recently circumstances made me some extra time that might help me to get closer to that dream of mine.
So [1] what is a trade machine, [2] why should I want to have one and [3] are there any on the market today?
A1: In simple, a trade machine is an investment "guru" that is programmed to identify potential opportunities in the market and perform actual trade activities in order to take advantage of these opportunities. The trade machine performs "day trading" activities in most cases. Some types of trade machines may be less proactive and more suggestive. Instead of running as "daytraders" and performing the actual buy/sell the machine can suggest you to do it and you will take the final decision. Such machines are more suited to end-of-day analysis since they are not required for on-the-spot decision (the human factor can not be assumed to act at once).
A2: Obvious. Having a trade machine that is callibrated with algorithms that works out is a money maker that no-one would like to loose. Such machine can make you financially free, leaving you the decision what to do with your time. I'm not a lazy guy, but having the option to choose is something that is rarely available ever.
A3: No one would admit it since it might motivate others to try building their own money machines. Too much machines in the market will reduce the potential profit for each one of them and will not do any good. This is why when you are talking with people that have anything close to it, they does not show their cards.
It is a long time now that I'm playing with the idea of making a Trade Machine. I'm a novice technical trader, using technical analysis tools for making on-the-spot buy/sell decisions. There are plenty of people worldwide that are doing the same, some are more experienced and professional and some even doing it for a living. I am not doing it for a living, but wish I could, and recently circumstances made me some extra time that might help me to get closer to that dream of mine.
So [1] what is a trade machine, [2] why should I want to have one and [3] are there any on the market today?
A1: In simple, a trade machine is an investment "guru" that is programmed to identify potential opportunities in the market and perform actual trade activities in order to take advantage of these opportunities. The trade machine performs "day trading" activities in most cases. Some types of trade machines may be less proactive and more suggestive. Instead of running as "daytraders" and performing the actual buy/sell the machine can suggest you to do it and you will take the final decision. Such machines are more suited to end-of-day analysis since they are not required for on-the-spot decision (the human factor can not be assumed to act at once).
A2: Obvious. Having a trade machine that is callibrated with algorithms that works out is a money maker that no-one would like to loose. Such machine can make you financially free, leaving you the decision what to do with your time. I'm not a lazy guy, but having the option to choose is something that is rarely available ever.
A3: No one would admit it since it might motivate others to try building their own money machines. Too much machines in the market will reduce the potential profit for each one of them and will not do any good. This is why when you are talking with people that have anything close to it, they does not show their cards.
Just created a new blog for Investment Tools
I have just created a new blog for investment tools and mostly for the old idea of making a money machine. Please visit http://trademachine.blogspot.com/.
I also decided that this blog will aggregate all my other blogs. Just to make sure you are in-line with the current list I amintain (only blogger accounts are listed here) here is the updated one:
1. http://trademachine.blogspot.com/
2. http://galgalc.blogspot.com/
3. http://technomarket.blogspot.com/
4. http://gal-books.blogspot.com/
I also decided that this blog will aggregate all my other blogs. Just to make sure you are in-line with the current list I amintain (only blogger accounts are listed here) here is the updated one:
1. http://trademachine.blogspot.com/
2. http://galgalc.blogspot.com/
3. http://technomarket.blogspot.com/
4. http://gal-books.blogspot.com/
Post Wedding
Well, I have not been here for a while, just wanted to make sure everybody knows that the wedding was perfect. Everybody were happy and lot of food was served.
We all wear new beautiful cloths and I most liked my new suit and the tie, which I don't wear regularly.
We all wear new beautiful cloths and I most liked my new suit and the tie, which I don't wear regularly.
Wednesday, December 07, 2005
My brother's wedding
Well, it is tomorrow. I just talked to him today and it seems that he is excited. Due to the miss-fortune and sad story of my grandmother, the wedding ceremony will not include the whole family as planned.
Good night!
Good night!
Subscribe to:
Posts (Atom)