Automatic or mechanical, or Do you trust your counselor million dollars

 

Friends, today we will talk about robots and humans or, more precisely, of the advisers and traders, more precisely, an automatic and mechanical trading systems. But let’s put things in order and to determine the «who is who».

If the automatic system, it is a robot, an adviser, does not cause too many questions, the “mechanic” often introduces many traders in some confusion. The reason for that is its hypocrisy, or rather, the use of duality. Speaking definitions, mechanical trading system is a set of fully formalized rules of opening, maintenance and closing transactions when trading on an exchange or OTC market. So, some mechanical trading system can be programmed and used as a semi-automatic, while others, due to the nature of its algorithm, is not amenable to automation and used manually. For automated trading systems the best choose is ecn account. Because these accounts market execution, spreads for opening transaction 0 points.

Every boy dreams of a typewriter, the girl – a doll, a trader – about super advisor. Who is the World Wide Web as advisers probably how many stars in the sky, but successful traders only 5% – I think it’s about something says yes. But rejecting philosophical reflections, better tell about their personal experiences with trading robots. So, having played on the exchange handles, I wanted the freedom of the sea, and the work that is done by herself. My first guinea was a well-known Ilanov in different versions. On the tester often he showed fantastic results, and I have already started to dreamland exotic beaches of Goa and the Dominican Republic, as a new “moose” in the real world relentlessly returned me to your “Bobruisk”. And now, I have decided that in whatever was to study programming and write their own expert based on established trading system. It was a disaster.

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Why We Still Need the World Bank

fx2In 2007, the World Bank was in crisis. Some saw conflicts over its leadership. Others blamed the institution itself. When the International Bank for Reconstructio and Development, the cornerstone of what became the World Bank Group, was founded in 1944, poor and war-torn countries had little access to private capital. Sixty years later, however, private-sector financial flows dwarfed public development assistance. “The time when middle-income countries depended on official assistance is thus past,” Jessica Einhorn, a former managing director of the World Bank wrote in these pages in 2006, “and the IBRD seems to be a dying institution.” In roundtable discussions and op-ed pages, the question was the same: Do we still need the World Bank?

I took the helm of the World Bank in 2007, bringing with me a different vantage point, gained from historical perspective, personal experience, and my sense of the international landscape: that institutions matter. The creators of the Bretton Woods multilateral system had designed an international economic architecture to deal with the causes of the global financial breakdown in the 1930s and with the economic and security problems they thought would follow World War II. The World Bank was part of that framework, which covered monetary and currency issues, trade, investment, development, and the reconstruction of broken states.

In 2007, those challenges remained, although the conditions were vastly different. The rise and diffusion of private capital and free enterprise around the world now offered developing countries a great opportunity. Yet that did not obviate the need for the World Bank, because it was never simply about loans and grants: its role has been to contribute to the development of market economies in an open international system — fostering growth, opportunity, and hope and overcoming poverty within a better political and security order.

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When it Comes to Giving Aid, Please IMF and World Bank, Do Not Send Any More Money – Send People

llThe G20 leaders of various nations around the world are gathering in Toronto, and one of the first comments to emerge is that these nations who had pledged to give so much to the poorer nations of the world have not been about to do so because of the economic climate.

Should it not be the other way around? If they had given what they had pledged to give then there might not have been such a financial catastrophe!

For years I have pleaded with the International Monetary Fund and The World Bank and members of Parliament in London, that no money be given to what is called the poorer nations, and why? It is easy to give money, which finds its way into the hands of Government ministers and officials and seldom reaches those are truly needy.

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Women’s World Banking

iDuring the 1975 UN Women’s Conference a remarkable concept was born, the concept of a women’s Bank, dedicated to empower women through small microloans that would benefit the whole family. Five women from five continents realised that to defeat poverty women had to be empowered to run their own business within the community in which they live. The businesses would be small in concept but would make a collective difference to the whole village or community, because they would have more services and facilities. Not only that the theory behind empowering women was the fact they women would work harder for their children and also educate their children and the long term effects could be more worthwhile than giving men the money.

Women’s World Banking (WWB) was officially launched as a non profit in 1976, and it helped to provide in some cases the first mobile phone to a village, thereby improving communications and creating a viable business for very little money. Other ideas were a sewing machine to allow a seamstress to work. None of the women had any training to run a business but they had the grit and determination to improve their lives. A seamstress could have a business without the sewing machine, but her production would be limited. Once she has a sewing machine the possibilities were wider, she could increase her out output, and pay back the microloan, but she could also loan out her machine for a small fee when she was not using it. She could also save for a second sewing machine. None of these possibilities were even remotely possible without the services of the WWB dedicated to funding women’s business in many cases for less than a hundred US Dollars. An example of the power of microloans is Joyce a Kenyan villager. Her community lacked a fully stocked hardware store and her neighbours were forced to travel to neighbouring areas for their supplies. Although Joyce had a small stall selling nuts and bolts she did not have the capital to expand and provide a full range of hardware. That meant that people did not buy from her because they still had to travel for half of their hardware needs. With the help of a loan of seventy dollars, Joyce was able to expand and buy a full range of the goods needed in the village. Immediately she made the villagers more productive, because they saved both time and money travelling out of the village. In time her business grew which allowed her to repay her microloan and then expand. In the course of her expansion she funded her sister’s doctorate thereby adding an educated person to the community. Eventually she employed twenty people in her village. All of this made possible because she had heard of the WWB global network through the Kenyan Women’s financial trust. The power of microeconomics is that for the price of a dinner out in the West the lives of a whole community are made better overnight. Prior to the concept of the WWB most aid projects concerned macro economics, they were large in concept such as a new dam, the idea that women could control their economic destines was a new concept. Banks were not set up to deal with such small money and the credit risk of the women that the WWB lent to was such that they would never have been allowed to borrow that money from conventional sources. Their ambitions were not only out of reach, they were nonexistent; they did not have any ambition because they had no hope of realising them. Strangely once the WWB had been trading for a few years they realised that women in fact paid back a higher proportion of the loans than men. Women saw the power of the loans to benefit their whole family and were more committed than men to repaying the debt. That meant their credit risk was better and that allowed the concept to grow exponentially both in Asia, Africa and South America.

However the improvements were wider than that because women really were empowered, they saw the true potential, not only did they prosper and pay back their debt, but they saved and provided the means for others in their community to provide services that they had created the need for. Between 1950 and 1975 the World Bank and the IMF had made no real inroads into poverty. In fact it is debatable that, that was their priority. Within ten years the WWB had made a real difference to communities, raising their standard of living above the poverty line. As their loans were small they were not crippled with exorbitant interest rates for years and they were and are giving their children real hope of a better future. The increased prosperity also means better educational possibilities for their children which also mean better technological idea evolving from that education.

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Real Profit Sharing Program! Club Asteria From The Former Director Of World Bank – Andrea Lucas

yuClub Asteria is a company run by Andrea Lucas a former director of the World Bank. Her credentials are vast and varied. Her decision to head Club Asteria was made because of her experiences living and working in third world countries where persons have not experienced true financial freedom. Even in developed countries there is a great disparity between the have’s and have not. The rich seem to be getting richer and the poor, poorer with the middle classes slowly diminishing.

The World today is being managed by the Banks where there seems to be no accountability for money used to bail out the bankers. Instead the Bankers have been absolved from their bad decisions and debt and not the man on the street. Where is the balance there? There is enough to go around i.e. in terms of wealth, but the rich seem just to want it all for themselves. This is a very unfair scenario because a lot of people are dying because of poverty when they do not need to.

With Club Asteria people have the opportunity to gain returns from the profit sharing program. They can help get themselves out of debt by actually managing their monies more by learning how. Club Asteria give you the tools to do this. In addition, you get tools to help you have your own business or to promote an existing business better so that you get returns. Persons can join for free and gain Asterios which are points. Asterios means star and was chosen by the Directors as a key name for the club. Club Asteria stands for helping and empowering its Members.

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