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what will be a good idea for investment management software?

Question by Nick: what will be a good idea for investment management software?
so…basically i happen to have about $ 50k and being a software developer and a trader (amateur…) – I am thinking to create and advertise a professional investment management software. Obviously I am planning to include features that can’t be found free online (or at least hard to find…). Like:

calculating ultima,zomma and other rarely used options greeks.
Demo test trading strategy based on random(stochastic/monte carlo) data.
Demo test high frequency strategies (say against nasdaq realtime data…).
Backtest trading strategy together with a utility function (kelly, square root,etc.).
use asymptotic analysis to approximate sabr etc.
calculating copulas
calculating LIBOR market model
=================================

Personally I would need such thing as I find useful the historical Kelly criterion testing +
exotic Greeks calculations + testing HF strategies in real time based on set of programmed
rules. I will most likely never need to do anything closely related to asymptotic analysis or copulas…but others do probably.

things like that…I know there are many programs to back test strategies and some resources to calculate Sharpe ratio – but I don’t think there are that many about the other features mentioned.

Now…the problem is if people will be interested at all. I mean – how many people are interested in quantitative trading anyway? And what will be the right price to set if any – $ 3000…$ 300??

10x!

Best answer:

Answer by cactusgene
What you are proposing is a very complex investment management program which very few people would understand or know how to use properly. I have a lot of contacts in the investment community and none would be willing to spend the $ 300 to $ 3,000 for it. You would have to do such heavy advertising that the cost thereof quite likely is higher than the revenues from the eventual sales from the few buyers out there.

Then there is always the proof of concept question. Back testing most often has no relationship what-so-ever to future results. Design it for yourself to keep it for your own personal use, and IF it works you will get rich all by yourself.

Know better? Leave your own answer in the comments!

TextAloud Helps Busy Author and Media Professional Make Edits — and Meet Deadlines

TextAloud Helps Busy Author and Media Professional Make Edits — and Meet Deadlines

Clemmons, NC (PRWEB) October 27, 2009

Scott Newton is a Chicago-area author and media professional who recently completed a new book, yet like many authors, he couldn’t find the time in his extremely busy work schedule for the all-important review and proofing process. After doing a little research online, he came across the idea of Text to Speech, and TextAloud, from NextUp.com (http://www.NextUp.com).

Using the program to hear his own work read back to him, Scott soon discovered that TextAloud, a popular and easy to use software application, provided the tools he needed that would enable him to do his proofing in a new and streamlined way, and without the visual fatigue so common to the editing process. The program enabled Scott, like many other PC users, to listen to his reading anywhere, and on almost any device, from iPhones, to iPods, laptops, or Compact Discs, and in and to do so via natural, human-sounding speech. Scott chose to do his listening via iPod, and soon discovered that he could not only listen to his own work, but to almost any text he found, including e-mails, website content, documents, and even PDFs,

A media production professional for over 25 years, Scott is well versed in multimedia, media and technology, with a career that has encompassed video, multimedia, print, audio and online media for a primarily corporate marketplace. He has also written extensively throughout his career, from scripts and printed materials, to articles in trade journals. For his previous writings, Scott had been able to balance his work and writing schedules in order to proof and review his content. However, when he completed his latest book-length project, he needed to find a solution for reviewing and editing his work that would give him more flexibility.

“I turned to TextAloud because I thought it would be a novel idea to have my computer read my work back to me as I was making the necessary edits,” Scott comments. “It turned out to be a highly valuable tool that was really helpful to me throughout the editing process.” After spending many hours writing and editing the book, Scott found that he began to lose objectivity on his work when he was tired or working through a significant amount of material. TextAloud enabled him to hear his work in a new way, and the process of listening to his prose enabled him to regain perspective on what needed to be edited or polished. “In essence, TextAloud helped me to perform that old copywriter’s trick for proofreading; namely having one person read silently while another reads aloud,” adds Scott. “In this case, TextAloud stepped up to the task, and using this process, I was able to find errors and typos that I had missed on previous read-throughs on my own. More importantly, I was able to do this without imposing on friends and family.”

In giving Scott the ability to transfer his written text into MP3 files which could then be listened to on an MP3 player, TextAloud not only assisted him with his editing, but also enabled him to do his listening flexibly, at any location. As he used the software increasingly for his book, Scott also began to utilize it regularly for proofreading other documents by ear, especially on items like e-mails and client proposals that required especially careful word choices — and no errors.

Scott also began to use the program in his ongoing production work in unique ways as well. “I’m now starting to use TextAloud in a way that few other users have probably considered,” he comments. “In my line of work, I use recorded voices quite often — for video narration and short voice clips in multimedia or web-based presentations. TextAloud gives me the unique ability to output high-quality audio voice files in MP3 or WAV format, and means I can easily generate a ‘scratch’ or ‘reference’ voice file before hiring a professional voice-over talent to finish the project!”

Scott’s favorite voice is AT&T’s ‘Crystal,’ whose voice is soothing, yet professional. “I’m rather amazed at the technology behind Text to Speech in the first place,” he comments. “As for the quality, it really is just like having someone read to you. The quality of the TextAloud voices is fantastic.”

About TextAloud:

A highly useful PC program for students, scientists, writers, business people, students and people from all walks of life, TextAloud has been featured in The New York Times, PC Magazine, Writer’s Digest, on CNN, and more. Hailed by critics and users alike, TextAloud is priced from $ 29.95, and is compatible with systems using Windows (R) 98, NT, 2000, XP and Vista. TextAloud can even be listened to on TV, using TiVo’s (R) Home Media Option, and works seamlessly with iTunes, for easy synching with iPod (R), iPhone (TM), or other iTunes-compatible portable audio players. Best of all, unlike prohibitively priced gadgets or eReaders, TextAloud doesn’t require special hardware of any kind. The program is available for fast, safe and secure purchase via http://www.NextUp.com.

In addition to Nuance (R), NextUp.com also offers TextAloud with optional Premium Voices from AT&T Natural Voices (TM), Acapela (R) and Cepstral (R) for the most natural-sounding computer speech anywhere. Available languages include U.S. English, U.K. English, Indian-Accent English, Scottish-Accent English, Arabic, Basque, Catalan, Cantonese Chinese, Mandarin Chinese, Czech, Danish, Dutch, Belgian Dutch, Faroese, Finnish, French, Canadian French, German, Greek, Hindi, Icelandic, Irish, Italian, Japanese, Korean, Norwegian, Polish, Brazilian Portuguese, European Portuguese, Russian, Castilian (European) Spanish, Latin American Spanish, Mexican Spanish, Swedish, Taiwanese, and Turkish.

About NextUp.com:

NextUp.com, a division of NextUp Technologies, LLC, provides award-winning Text to Speech software for consumers, professionals, businesses, educators, and those with visual or vocal impairment, or learning disabilities.

In addition to TextAloud, NextUp.com markets other innovative Windows software designed to save time and deliver vital information. NextUp Talker is an easy and affordable program that enables people who have lost their voices to use the latest in high-quality computer voices to communicate aloud with others.

Evaluation copies of TextAloud are available for the media upon request. For more information on NextUp.com or TextAloud, or for a rich assortment of case studies involving users ranging from firefighters and lawyers, to writers, editors, teachers, actors, students, entrepreneurs, doctors, truck drivers, musicians, and more, please contact publicist Angela Mitchell at (904) 982-8043.

All companies and products referenced in this press release are the trademarks of their respective owners.

# # #

Attachments

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Tech Writer Chooses TextAloud to Catch Errors before They Reach the Editor’s Desk

Tech Writer Chooses TextAloud to Catch Errors before They Reach the Editor’s Desk

Clemmons, NC (PRWEB) August 10, 2010

Freelance tech writer Dan Heim works from a home office just North of Phoenix, Arizona, writing for a variety of high-tech clients worldwide from the serenity of the rural desert. With degrees in both Physics as well as Environmental Science, Dan was a teacher of science and math for over 30 years. His work now includes writing for trade journals, testing services, and newspapers, as well as the production of educational materials for math and science teachers, so it is critical that what he provides is free of typos or errors. He accomplishes this goal by proofing his documents by ear, using his computer and TextAloud, from NextUp.com (http://www.NextUp.com).

TextAloud is the popular Text to Speech software program that enables PC users to experience their reading by ear, whether for listening in the gym or during a commute, or simply as a useful alternative to visual reading. Priced from just $ 29.95, TextAloud is state of the art TTS that is simple to use, turning almost any text file format into spoken audio–from websites, articles and e-mails, to eBooks, word processing documents, and PDFs. TextAloud then seamlessly exports that text into most popular audio file formats, which can then be played via MP3 player, iPhone (R), car stereo, or computer, and listened to anywhere you go!

“I initially purchased TextAloud as a potential ‘narrator’ for some of my educational animations,” Dan comments. “I figured that a synthesized voice might be a cool hook.” While experimenting with TextAloud’s potential as a narrator, however, Dan soon realized that the software offered other benefits–most significantly, that it was a superb resource for proofing his own work.

“When one writes for a living, proofing is a critical process,” he explains. “The spell-check modules built into word processing software programs are a huge benefit, but they are not perfect. If I type ‘list’ instead of ‘lists,’ for instance, spell-check misses it, and grammar-checkers are often just plain wrong. So when I would finish an article in the days before TextAloud, I’d just let it ‘ferment’ for a day or two, and then go back and proof it with fresh eyes to try to catch those errors. However, there were still errors that occasionally slipped through.”

Dan began to use TextAloud to proof by ear instead, and the experiment was a success. “The ears simply hear what the eye misses,” he comments–especially when it comes to typos. For this reason, TextAloud soon became his routine ‘grammar check’ proofing assistant. Now Dan no longer has to wait a day or two on proofing–before closing his documents, he simply uses TextAloud to ensure that his work is typo-free. “I just copy, paste and listen,” he says, “and those typos immediately pop out.” To customize TextAloud’s narration and readings, Dan uses the program’s easy and convenient pronunciation editor, and he relies on premium voices from AT&T Natural Voices (TM) for most of his readings.

“Ultimately, TextAloud has totally changed the way I proof my writing, with huge savings in time and a better quality end-product,” adds Dan. “TextAloud provides me with the feedback that would otherwise come from my editor, and without the embarrassment of a correction.”

About TextAloud:

A highly useful PC program for students, scientists, writers, business people, students and people from all walks of life, TextAloud has been featured in The New York Times, PC Magazine, Writer’s Digest, on CNN, and more. Hailed by critics and users alike, TextAloud is priced from $ 29.95, and is compatible with systems using Windows (R) 98, NT, 2000, XP and Vista. TextAloud can even be listened to on TV, using TiVo’s (R) Home Media Option, and works seamlessly with iTunes (R), for easy synchronizing with iPod (R), iPhone (R), or other iTunes (R) compatible portable audio players. Best of all, unlike prohibitively priced gadgets or eReaders, TextAloud doesn’t require special hardware of any kind. The program is available for fast, safe and secure preview and purchase via http://www.NextUp.com.

NextUp.com also offers TextAloud with optional Premium Voices from Nuance RealSpeak (TM), AT&T Natural Voices (TM), Acapela (R) and Cepstral (R) for the most natural-sounding computer speech anywhere. Available languages include U.S. English, U.K. English, Indian-Accent English, Scottish-Accent English, Arabic, Basque, Catalan, Cantonese Chinese, Mandarin Chinese, Czech, Danish, Dutch, Belgian Dutch, Faroese, Finnish, French, Canadian French, German, Greek, Hindi, Icelandic, Irish, Italian, Japanese, Korean, Norwegian, Polish, Brazilian Portuguese, European Portuguese, Russian, Castilian (European) Spanish, Latin American Spanish, Mexican Spanish, Swedish, Taiwanese, and Turkish.

About NextUp.com:

NextUp.com, a division of NextUp Technologies, LLC, provides award-winning Text to Speech software for consumers, professionals, businesses, educators, and those with visual or vocal impairment, or learning disabilities.

In addition to TextAloud, NextUp.com markets other innovative Windows (R) software designed to save time and deliver vital information. NextUp Talker is an easy and affordable program that enables people who have lost their voices to use the latest in high-quality computer voices to communicate aloud with others.

Evaluation copies of TextAloud are available for the media upon request. For more information on NextUp.com or TextAloud, or for a rich assortment of case studies involving users ranging from firefighters and lawyers, to writers, editors, teachers, actors, students, entrepreneurs, doctors, truck drivers, musicians, and more, please contact publicist Angela Mitchell at (904) 982-8043.

All companies and products referenced in this press release are the trademarks of their respective owners.

###

Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Option Pricing and a Bit of Option History

Option pricing is a mystery to most traders. They struggle to comprehend terms like implied and historical volatility or intrinsic and time value, or the “Greeks” (Delta, vega, theta, gamma, rho…). These terms are intimidating and my experience suggests that at least half the folks you hear talking about them do not really understand very much about them. It is important to at least be intellectually honest about it and know what you don’t know. It is also a good idea to debunk your vocabulary and get what you do know (or think you know) right. And because it is easy to get a head ache from trying to read and comprehend the myriad of equations and models generated from minds of multi-degreed scholars speaking a language only they seem to understand, it is comforting to know you do not have to learn a whole lot about the technical math soup. It is however, mandatory that you gain some working skills in how to recognize and flow with the option prices or you will get whipsawed and shredded by them.

It is not unlike the engineering, manufacturing, physics and computer technology that goes into a modern car. Any 10 year old can start it and drive down the road or off a cliff. The skill to use it correctly is mandatory but the technical wizardry to understand and construct it is not.

So option pricing must be understood in order to trade with any consistency. One major point is that option pricing is not static or consistent. The pricing structure is a moving target because the interaction of the market and the Market Makers constantly adjust the pricing.

Price comes from the floor… Models come from laboratories and do not dictate where the price will go. Rather, they try to predict it.

Historically, the idea of options is not new. Ancient Romans, Grecians, and Phoenicians traded options against outgoing cargoes from their local seaports. Modern techniques derive their impetus from a formal history dating back to 1877.

* 1877- Charles Castelli wrote a book entitled The Theory of Options in Stocks and Shares.
* 1900- Louis Bachelier is recognized for the earliest known analytical valuation for options. His work interested a professor at MIT named Paul Samuelson.
* 1955- Samuelson wrote an unpublished paper titled, “Brownian Motion in the Stock Market.”
* 1956- A. James Boness wrote, “A Theory and Measurement of Stock Option Value”. His work served as a precursor to that of Fischer Black and Myron Scholes.
* 1969-1973- Fischer Black and Myron Scholes introduced their landmark option pricing model

No one discovered the “mother lode” but rather successive scholars added to the work of predecessors. Black and Scholes were noted with the Nobel Prize because of their leap forward and the remarkable accuracy of their model. Since 1973, other scholars have expanded the Black and Scholes Option Pricing Model.

* 1973- Robert Merton relaxed the assumption of no dividends.
* 1976- Jonathan Ingerson went one step further and relaxed the assumption of no taxes or transaction costs.
* 1976- Merton removed the restriction of constant interest rates. The results of this evolution are alarmingly accurate valuation models for stock options.

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Ok, you think that is boring you should read some of the papers and equations (I have and it was not fun).

Modern option pricing techniques are among the most mathematically complex of all applied areas of finance but they have reached the point where they can calculate, with alarming accuracy. Most of the models and techniques employed today are rooted in the Black and Scholes model. One notable major advance is the Cox, Ross, Rubenstein binomial model widely used in more volatile stocks. In fact the brainiacs currently have 7-9 different models out there trying to out do each other. Here is the basic idea…

Option Pricing Model: A mathematical model is used to calculate the theoretical or fair value of an option. Inputs to option pricing models typically include:

* the price of the underlying instrument (stock): Fixed
* the option strike price: Fixed
* the time remaining till the expiration date: Fixed
* the volatility of the stock: Fixed
* the risk-free interest rate (e.g., the Treasury Bill interest rate): Fixed

The historical accuracy of the prediction is quite good but short term variations to the price models can and do “Kill” traders on a regular basis. In the long run the models are cool but they are THEORECTICAL and subject to CHANGE!!!!! The difficulty is that the vast majority of option traders do not have the knowledge or even the viewpoint to see the variation when they come. Nor are they able to reflect anomalies in the price structure when they look at an option chain to get a price.

This is one of the reasons I so dislike Prescriptive Option Strategies. The prescription dictates how to make the trade. It dictates buy/sell, strike price and which month. Well that’s just fine if the market stays constant and the price structure does not move. Ok… so “hey market, I am going to trade now… could you please just stay calm and act really normal and don’t do anything rash until I am through? Thanks, that would be real nice of you.” Somehow I don’t think it works that way. The real problem with most option traders is that they don’t know what they don’t know.

For example; today, with the stock at support and moving up it may or may not be a good idea to buy a call option. It may or may not be a good idea to trade the In the Money strike price. It may or may not be a good idea to trade the next month out. The pricing composition will reveal hidden potholes if you can read it. If the prescription can work, great! But if the pricing landscape is significantly off, you may have a prescription for disaster. Ignorance may be bliss but it is expensive.

Market Makers

One major area of misunderstanding is market makers. The market maker takes a risk by pricing and selling an option. The response by the market to the offering causes the market maker to make adjustments to the price. They have two goals… make as many traders as possible and try to make some money on most of the trades. They have two tools to try and make this work; the bid / ask spread and the cost of time. The market maker is taking the risk by entering into a contract with risk. They lay off that risk ASAP by either buying the same option (sell a 45 call and buy a 45 call) or buying stock to deliver in case of exercise. They neutralize their risk and collect a small premium for the transaction. If the buying and/or selling pressure, (coming from brokers and/or traders) starts to change they respond by pricing to meet the market action. They don’t know you, or stock you. They need you and don’t care if you make money or not. They just want your order flow. Many myths abound about market makers and you need to understand them and their motives. (See last newsletter: “Those Darn Market Makers”)

Volatility

Option pricing is most sensitive to volatility. The theoretical option price is derived using a historical volatility, usually 12 months. The model pricing reflects that time frame. Short term option trading and pricing is being done in an environment that is subject to current market whims and conditions.

The current climate can be very volatile and the long-term picture can be quite stable. That throws the pricing model off dramatically, but it is a tip to savvy traders. If the short term is more volatile than the historical, the prices will be pumped up and become expensive and unstable. Extra time value is pumped temporarily into the option to reflect the current conditions (higher perceived volatility). If the price action calms down or stabilizes, the “Fluff” can be drawn back out very quickly. For example, rising prices calm the market and reduce fear and volatility. The typical option trader does not see this and then feels violated and cheated when their stock moves in the direction of their trade and they don’t get the expected profit in the option. The market breathes a sigh and the volatility shrinks taking their profit with it.

An irony in the discrepancy between theoretical/fair value and the actual price is that the actual price is feeding the 12 month volatility and constantly adjusting it. Today’s erratic volatility will be smoothed into the ongoing, ever-adjusting, 12-month moving volatility number.

Next newsletter, I will introduce the X Factor Options Trading Graph and show you how to put all this stuff into a picture format. Pictures are easy to digest a lot of data (e.g. stock charts). My students often say, “Trading options without X Factor is like trading stocks without a chart”.

Options can seem simple as long as you don’t learn too much. But they can seem overwhelming if you try to learn too much. There is a happy medium. The ten year old does not have to become a manufacturer to start the car, but he does need some practice and maturing to get behind the wheel. Stay tuned.

See you in the free web seminars and I hope to see you in my “Trades Forge” 2-day trading camp.

Ryan Litchfield with Better Trades

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JustMeso.com Offers Information on Mesothelioma Risks

JustMeso.com Offers Information on Mesothelioma Risks

(PRWEB) January 10, 2006

The deadly disease Mesothelioma, contracted through the exposure to airborne Asbestos fibers, has been noted in recent years for the devastation it brings not only to the victims but also the families and friends surrounding them. Tragically, however, information about the disease is often erroneous or simply lacking. JustMeso.com ( http://www.JustMeso.com ) is trying to change that, however, by offering comprehensive information about the disease, its causes, and those at risk.

Almost everyone has been exposed to asbestos fibers at some time in his or her life. While it is certainly true that long-term exposure increases the likelihood of contraction, there are numerous cases, supported by empirical evidence which indicate that even brief exposure to airborne asbestos fibers can lead to contraction of Mesothelioma.

That said, JustMeso.com identifies those occupations such as shipbuilding, asbestos mining, textile manufacturing, insulation work in the construction trade, brake repair, which are particularly vulnerable. The site explains that these individuals should be particularly concerned about their risks of contracting the disease. However, there are a number of particular factors that workers in these industries can use to better understand the risks their particular situation faces, such as the concentration of fibers in the exposure environment, the duration of the exposure, and even weather conditions.

Individuals concerned about their risks of contracting Mesothelioma can use the JustMeso.com Medical Information page ( http://www.justmeso.com/medical_information.html ) to better understand the symptoms used to identify the disease, which include chest pain, persistent cough, nausea, among others. They can also gain a greater understanding of the long history of the use of asbestos and the contraction of the disease on the History of Asbestos page ( http://www.justmeso.com/asbestos/history.html ). On this page JustMeso.com explains the origins of the use of asbestos to the ancient Greeks, who learned of the disease Mesothelioma and its correlation with asbestos exposure not long after that. It also explains the explosion in the usage of the product and the subsequent increase in exposure in the modern era.

Individuals concerned about Mesothelioma often are confused by the medical and legal jargon used to describe the disease. For this reason, the site also offers a resource which explains in great detail some of the key terms used by medical professionals and legislators when discussing asbestos exposure and Mesothelioma.

In addition, JustMeso.com explains the treatment options available to those who have contracted the disease, as well as how friends and family can help support the fight against Mesothelioma.

JustMeso.com is based in the United States. Visit http://www.justmeso.com to learn more.

###

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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How does option value calculated

If you trade options, you need to understand how options value is calculated. By knowing that, you will understand what affect the option value. This will help you in trading. It is just like business. To buy and sell something and make profit you need to know the fair price of the product.

Basically, option value is determined by two variables: intrinsic value and time value. The intrinsic value is the value that an option has if it is executed. Only In the Money option (ITM) has intrinsic value, because when you execute the option there is a positive spread between current price and option strike price. For example, stock XYZ current price is 0. A Call Option at strike price has 0- = intrinsic value. At the Money (ATM), and Out of the money (OTM) options has zero intrinsic value. Because ITM has intrinsic value, it is more expensive. It is a basic thing you need to know.

The second thing that influences option value is time value or the time an options needs to expire. If it has more time to expire, it will have more time value and more option value. So time really is money. When option is near expiration date, it’s time value will reach zero or almost zero. The time value erodes the fastest when it is within 30 days of expiration date. It is wiser if you buy option with expiration date more than 60 days, otherwise you will just like burning money each day when it is nearly expire. Options with longer expiration date are more expensive because they have this time value. More time means more chances for your option to go right. Another tip is to sell your option one month before it expires to get better price.

There is a variable that measures how fast an option lost its time value. It is called Theta, one of option Greeks. Theta provides estimate dollar value of an option that will be lost each day because of time decay. Positive Theta means option value will increase as time passes. Negative Theta means option value will decrease as time passes. So long call and long put have negative Theta and the value will decrease as time passes. Time is your enemy if you have long call and long put. If you are writing call or put option, time is your friend and it has positive Theta.

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TradeGreeks Now Offers Busy Investors the Opportunity to Increase Earning Potential Hands Free

TradeGreeks Now Offers Busy Investors the Opportunity to Increase Earning Potential Hands Free

Options Magic Newsletter from TradeGreeks

(PRWEB) April 19, 2011

(PRWEB) April 14, 2011 — TradeGreeks, a leading developer of options trading strategies, now presents investors with the ability to select an auto trading feature to enhance the already powerful Options Magic Newsletter. Now, investors can unravel the magic risk free for 15 days and witness up to a 200% return on their investment all without being near a computer.

TradeGreeks Option Magic Newsletter and new auto trading feature saves the investor from monitoring the market while trading. It’s perfect for those who cannot commit to sitting in front of a computer and watching the market. With TradeGreeks, if the investor chooses auto trading with the Options Magic Newsletter then they need not worry about having access to a computer when alerts come through; a 3rd party auto trading firm will assume responsibility of trades on their behalf and will execute out alerts automatically for them.

Options trading services provided by TradeGreeks include consistent and risk free strategies to keep investing and trading simple. Investors will learn how to produce predictable and steady returns by taking the lowest threat stock option strategies in an uncomplicated and easy-to-understand newsletter delivered directly to their inbox.

“Our success is in our ability to adjust with market swings making us a winner every time,” says Sujoy Bhattacharya, Founder of TradeGreeks.

TradeGreeks option trading strategies take into account current market trends and history to recognize the highest profitable route with the least amount of risk to ensure investment growth. This was confirmed recently with reported profits from January 1, 2011 to March 31, 2011 of 44%, meaning they are confident in their growth potential to hit, and possibly, surpass their 200% ROI mark.

Some of the auto trading providers TradeGreeks is working with include: Global Auto Trading, tradeMonster, eOption and Trade Wall Street Financial.

For more information please contact:

Sujoy Bhattacharya

TradeGreeks LLC

(866) 628-4894

Sales(at)tradegreeks(dot)com

http://www.tradegreeks.com

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Forex trading programs

Forex trading programs

Are you planning to invest your money in forex trading? But scared of losing money because of the lack of experience and also due to some knowledge in this field? Well, technology has made it possible for a beginner to earn profits in the currency trading market! Yes, it is possible by means of various forex trading programs available in the market.

For a beginner the terms and the language used in the trade might sound like Greek and Latin. But everything is taken care by forex trading programs as they are very user friendly and easy to use. You do not need to be a forex expert or a computer master to use them. You can directly install the software into your system, set it up and it would start the trading process automatically. These forex trading programs are also known as forex software and they are fully automated to carry on the trading activities. Most of the successful traders use forex trading programs for trading.

Forex trading programs find out the best trading options for you automatically and make the trades as well. The software does a careful study of back tests based on which it conducts forward trading deals. Some software come with a video about the setting up of the software to your computer and also guided about its different options.

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There are a few things to look at in a forex trading program

The Charts

You cannot be spending hours before your computer screen trying to fix on trading strategies by studying the charts made by currency fluctuation of the currencies. Rather you can look out for a forex trading program that does the study of the currency fluctuations and gives you indicators based on which you can make your trading deals.

Pricing Indicators

Pricing indicators are very important when it comes in carrying out any study on the currency fluctuations based on which trade deals are carried out. By having pricing indicators in the software you can easily see where the trend is going to.

Trading Safeguards

The safeguards in the software would help you know when to invest money and when not to. By this way you can reduce the possibility of losses. Many beginners invest a lot of money when the markets are actually low and end up losing money. Safeguards would ensure that you avoid such situations.

Exit Strategy

Knowing exit strategies is as important as knowing entry strategies. Entry strategies lets you start the trades and exit strategies decide when to stop the trade and withdraw your money. A forex trading program would indicate you when to exit from the trade and at the same time would indicate which trade to enter.

Automated Trading Ability

Some of the forex trading programs allow you to input your trading strategies and according to the mentioned parameters the trade is then automated

Availability of number of Currency Pairings

Ensure that your forex trading program not only has the major currency pairings but it also offers a wide range of currency pairing.

Readiris Pro 9 Sets New Mac Standard for OCR

Readiris Pro 9 Sets New Mac Standard for OCR

(PRWEB) September 24, 2003

Delray Beach, FL (PRWEB) September 22, 2003 – Over the past years, I.R.I.S. has been developing its whole OCR product range on the MAC OS platform and became a leading provider of OCR products in the Mac world. Readiris Pro 9 is dedicated to private and professional users looking to avoid the long and tedious manual typing and formatting of printed information.

Very fast and accurate, Readiris Pro 9 recognizes and converts books, magazines, invoices, price lists, reports, etc. as well as read-only PDFs, into editable text. The result can be saved in a variety of output formats (i.e. word processors, spreadsheets, programs, PDF files, HTML files, and more). Readiris Pro 9 comes with a host of new and improved features making it not only the fastest and most accurate product in the market, but also the most feature-rich. New and improved features include:

A completely renewed user interface

New toolbars and redesigned buttons clearly guide the user in the recognition steps: the scanning or opening of a document, the language and output format choice and the recognition. New color thumbnails ease the navigation from one document to another.

New engine and “Autoformat Technology” improves formatting speed and accuracy

Based on a new OCR engine and a new “Autoformat technology”, Readiris Pro 9 retypes faster and more accurately. The layout of the original document is perfectly preserved; text, tables and graphics are correctly placed in the output files.

“Ignore Exterior Area” to limit the recognition zone

Readiris Pro 9 will automatically analyze the image inside a specified zone and ignore the information located outside the zone.

Powerful table recognition technology

Readiris Pro 9 automatically identifies tables and marks them as table zone. Once the recognition is done, it perfectly reproduces them in the output file allowing the user to transform paper invoices, price lists, listings and any document containing tables in digital information.

Automatic function button

The page analysis (detection of text, table and graphic zones), page deskewing (for distorted images), page despeckling (to remove pixels that disturb recognition), and page orientation can be done automatically after scanning.

PDF input

Readiris Pro 9 can open a large number of image files including read only PDF files.

“Flowing Text” mode for easy editing

Once the document is recognized and edited, the user can easily modify the text, add or delete words. The “Flowing Text” mode maintains the layout by flowing words from text box to text box.

Top Recognition Accuracy in 104 languages

Readiris Pro 9 recognizes up to 104 different languages based on 3 alphabets (Latin, Greek and Cyrillic), including the Western-European, Eastern-European, Baltic and Cyrillic (“Russian”) languages, Greek and Turkish. The user interface and the manual are localized in six languages: English, French, Dutch, German, Italian and Spanish.

Unique Asian languages Recognition

An Asian OCR add-on is available for the recognition of Simplified Chinese, Traditional Chinese, Japanese and Korean. Fully searchable PDF files or HTML WYSIWIG documents can be generated in all these 4 Asian languages. Pages with mixed Asian and English text can also be recognized.

Wide variety of outputs

Documents can be saved as a TEXT, RTF, PDF or HTML files or be transferred into word processors or spreadsheet programs.

PDF output

Readiris Pro 9 edits your documents and saves them in the most popular format for information archiving and sharing: you will get fully searchable PDF files with both the text and the image.

New WYSIWYG HTML output

Readiris Pro 9 converts paper documents in WYSIWYG (What You See Is What You Get) HTML files ready to be put online!

New image output

Readiris Pro 9 can be used as a scanning interface to acquire documents and keep images to be recognized later (Available format: TIFF, JPEG, PSD, PNG, PICT and BMP).

Support of flatbed, sheet fed scanners, MFP and digital cameras

Readiris Pro 9 uses the Photoshop “Plug-In” delivered with your scanner. It works with TWAIN compliant devices.

Perfect recognition of color documents

Color documents and text on colored backgrounds are perfectly reproduced. Color pictures are replaced in the output file.

Automatic identification of text, table and graphic zones

Readiris Pro automatically analyzes the document image and identifies text zones, graphics and table zones. These are correctly reproduced in the output file.

Easy-to-use automatic OCR option

Once your settings are defined, you just scan your documents and Readiris Pro automatically does the recognition.

Interactive learning to increase the OCR quality

Readiris Pro will ask you to validate the recognition of bad quality characters. It will memorize them and will improve the OCR quality.

Effective multi-page OCR option

Scan up to 50 pages at the same time: Readiris Pro will save them in a unique output file.

Improved Adjust Image option

Modify the image brightness and to remove pixels to improve the image quality providing a better OCR result.

Readiris Pro 9 Corporate Edition

The Corporate version of Readiris Pro 9 for Mac OS is aimed at professionals who need to convert larger volumes of paper documents as well as business cards. It includes all the features of the standard version and offers additional new features.

The corporate edition transforms paper business cards into electronic contacts and keeps up-to-date electronic address books. It offers a higher speed and accuracy and recognizes business cards from up to 53 different countries and allows users to select a primary language and up to 4 secondary languages. The contacts can be saved in a structured file (comma or tab delimited format) and exported to any address database (the standard Mac OS X application address), or they can be sent directly to Microsoft Entourage, Apple Works 6, Now Contact or other popular contact managers. The new version can export the contacts in the HTML and vCard formats. The card images can be also included in the export. Once your contacts are exported on your Mac, you can synchronize them with iSync, Apple’s hot synchronizing software, and send them to your mobile phone, iPod or PDA. The corporate edition also scans up to 250 pages at the same time.

Price and Availability

Readiris Pro 9 for Mac OS is available in the distribution and retail channels, in Europe, in the USA and in Asia. Readiris Pro is also available on I.R.I.S.’ online shop. Readiris Pro 9 Standard Edition is available at an MSRP of $ 149 and Readiris Pro 9 Corporate Edition at $ 399.

System Requirements

The Minimal system configuration required to use Readiris Pro 9 for Mac OS X:

    A Mac OS computer with a G3 processor.

    The operating system Mac OS X version 10.01. Version 10.2.x is recommended.

    110 MB of free hard disk space

Minimal system configuration required to use Readiris Pro 9 for Mac OS 9.x:

    A Mac OS computer with a PowerPC processor. Readiris does not run on 680×0 processor-based computers!

    The operating system Mac OS 9.x.

    The system libraries QuickTime 4.0 and CarbonLib 1.4 or later are required. (If necessary, CarbonLib 1.5 will be installed by the Readiris installer.)

    32 MB free RAM.

    110 MB of free hard disk space.

About I.R.I.S.

Image Recognition Integrated Systems (I.R.I.S.), a Belgian company founded in 1987 and listed on Euronext Brussels (IRI), is a leader on the Optical Character Recognition (OCR) market, the Automatic Document Reading (ADR) and the Electronic Document Management markets. For more information, visit the I.R.I.S. website at http://www.irislink.com.

Journalists can register on the I.R.I.S. Extranet web site by clicking on the link

http://www.irislink.com/partners/press/index.html. They will receive a personal login and password to access the Extranet web site where more corporate and product information is available.

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