There is a newer course on at Proformative Academy "Black Scholes Basics and Beyond" that can help explain how it works. Generally, Black Scholes is estimating the "chance" the stock price will be greater than the strike/exercise price, and by how "much", at a given point in time based on some assumptions. Its assumed no one can predict what a future stock price will be, however Black Scholes identifies a likely range of possible future prices, and the probability those could occur. However, there are other methods that can be used to do these calculations that are less of a "black box."
Hi Keith - the simplest explanation I've come across is here:
Is there something wrong with a system so complex mathematically that not only leaves the average person clueless, but the non-average person clueless as well (unless you have a "... a deep understanding of natural logs, anti-logs, standard deviation and variance, z-scores and the ability to read and interpret cumulative probability tables."; and then hold everyone to that standard so they couldn't even begin to argue not only its merits, but possibly an application mistake?
Cash Loophole Software Review! Richard Sellers Disgusting SCAM!
When you take out a loan, it's important to calculate how much interest you will have to pay on it, based on the rate of interest that the lender is charging you. Add up your interest payments to get the cost of the loan (along with any charges that the bank may impose).
A secured loan means that the consumer has put up some form of property in exchange for the money. You might go to a bank, and offer a valuable coin collection up as collateral for a secured loan that permits you to buy a small boat that you wanted. You could, of course, sell your coin collection to get the money, but then you wouldn't have it anymore. By putting it up as collateral, you get to keep it so long as you pay the installments on the loan. Of course, you pay interest on the loan as well.
A loan is a contract between a borrower and a lender in which the borrower receives an amount of money (principal) which he is obligated to pay back later. Thousands of loans have been invented since its creation. By the way of payback, most loans can be categorized into the following:
This is a question I often hear from new traders. I understand your dilema. With so many different forex trading systems available that it can be hard to choose the best one for you to use. Do not buy a forex system just because they make wild claims. You want to ensure that the system is really profitable and fits your needs.
Immediately after you start the day’s trading, spend 15 minutes checking an online currency trading calendar or forex news web site to see what important events are coming up that may affect your currency pairs. Write them down with conversion to your time zone. For significant events where you know you want to be either in or out ofnot trading in the market during the event, place an alarm. Then you can plan your trading strategy around announcement times. This will eliminate stress and anxiety and make it easier day trading the forex market successfully.
1. Read forex systems reviews These reviews will tell you more about that forex system. See Forex Systems Review here. The more you are able to learn about the system, the easier it will be for you to make an informed decision about which of the profitable forex systems is best for you. However be cautious that the review is not just written with an ulterior motive of in mind.
There are many things that a trader can study from forex forums other than the obvious fact that some souls perform better in foreign exchange trading than others. It is crucial to get support when matters go wrong. Other Fx traders can give tips to assist you stop up the holes in your Fx trading system. You might also come across reviews of currency trading brokers, trading platforms, robots etc in most forex forums.
One important thing you need to remember is that when you are choosing the forex trading software for you, don’t let yourself be taken in by the fancy sales letter. Instead, you need to rely on the actual facts like security measures. This is vital to finding the best forex software to help you do your trading successfully.
Morning Trading Strategy : One of the fx trading strategies applied by numerous traders is the daybreak trade system. The daybreak trading method is based on the fact that the rising daybreak beginning hours of London fx trading market is the most active trading session of any day.
I kep this for last. The best part of the deal. The developer is giving away this forex EA for free for all his customers. That is 2 for one deal for forex trader. Go ahead and Download Forex Morning Trade system here. Signup for the system and get the forex software free.
Are you looking for forex software, but are having a hard time choosing the right one for you? Finding the right forex trading software will take time and a lot of research. It is very important that you take the time to find the right software for you to use for trading because this is vital if you want to make a good profit.
Sri Lankan Rupee 2003-2016 | Data | Chart | Calendar | Forecast | News
It’s much more effective if the first bullet also provides an overview, be it on the type of company you worked for, the scope of operations, the yearly revenue, or the number of clients served.
More is definitely not more. In other words, while some additional information adds value and interest, you don’t want to get carried away. For example, there’s no need to include every department that you collaborated with.
Why? Because it reminds you that it is worth putting that extra time into your application (even if you’d rather be doing something else).
By picking and choosing where you throw in details, you’ll show what you’re capable of accomplishing—without boring the hiring manager.
As a professional resume writer, there is one change I’m always recommending to my clients: perfecting their bullet points.
Here’s an example of a resume bullet dives right into the responsibilities without first providing context:
Photo of person on computer courtesy of Hero Images/Getty Images.
Hiring managers skim your resume bullets , so you want to have the most important information first. Since we know that the eye scans downward, following this rule will increase your odds that these crucial details will be seen. For example:
What is happening is that the drop in C&I loans is now showing up in
4. Website: Ask.com's AskCityHow It Will Help You: Ask.com recently launched AskCity, a new local search application that's a one-stop destination for making plans. In one screen, consumers can map a route, make dinner reservations, purchase movie tickets and e-mail plans to others. Pricing for advertising on Ask.com varies.
The advertising of the future is going online--and going local. This hot trend is growing rapidly and shows no signs of letting up. In fact, according to a report by Borrell Associates, local online advertising is expected to grow by 31 percent this year, hitting $7.7 billion. The report also predicts local paid search will skyrocket by 86 percent this year, up to $1.8 billion. Local e-mail marketing will experience growth of about 54 percent, reaching $233 million.
6. Website: CraigslistHow It Will Help You: Craigslist gets an estimated 10 million unique visitors per day. With an online classified ad format organized by region or city, Craigslist connects buyers and sellers in more than 300 communities; for the most part, posting on the site is free.
9. Website: Local.comHow It Will Help You: Advertising on Local.com will give you access to their 10 million-plus monthly customers. Choose from a free basic listing or pay-per-click options.
14. Website: YellowPages.comHow It Will Help You: YellowPages.com is a large online local directory site featuring city guides and advertising solutions. Basic listings are free.
8. Website: DotsterHow It Will Help You: Dotster is a web domain registration and hosting company offering a local web advertising package called "Local Site Promotion." You set your monthly budget and Dotster will make your ad visible on all the major search engines.
If you are good at math, chances are you are good with finances. And if that's the case, you may make an excellent economics major
Here's another way. It's not with a single formula, but I have tried and converted up to the number 2,099,999,999,999. My first intention was to build a 51 bit counter, but somehow it does not work with numbers beyond the one I mentioned. Download from
To add easier to read formatting to Taosique's great answer, you can also break it up into chunks of 4 bits with spaces in between, although the formula grows to be a monster:
If we are talking positive number between 0 and 2^32-1 you can use this formula:
Well, theoretically you can extend this formula up to six 8-bit chunks. Maximum precision you can get in Excel is 15 (fifteen) decimal digits. When exceeded, only the most significant 15 digits remain, the rest is rounded. I.e. if you type 12345678901234567 Excel will store it as 12345678901234500. So since 2^48-1 is 15 decimal digits long the number won't get rounded.
Figure 2: This chart illustrates the indecision of the market leading up to the October non-farm payroll numbers, which were released in early November
Gifts galore fill our floors - you’ll find something for everyone, from children to parents. And when you need entertaining essentials, we’re your one-stop shop - whether you’re hosting a holiday or a very personal special occasion.
More than fifty years later it’s still our passion to discover extraordinary finds from all over the world and make them accessible to all.
In the late 1950s, a San Francisco businessman turned traveler and importer began selling shiploads of hand-woven wicker from one of the city’s piers. As crates were unloaded, locals lined up and loaded up. Even curious tourists were drawn to the unique and unusual.
Our everyday low prices and high-quality, original items are a great value. Choose from eye-catching, trend-setting home accents, an awe-inspiring array of international foods and wines, and much more.
With such a receptive audience eagerly awaiting his return, it only made sense to open a store. And in 1958 he opened the first store in San Francisco’s famed Fisherman’s Wharf and called it Cost Plus World Market. The store quickly became a destination for those who craved original and handmade items from around the world. Items were sold at cost, plus ten percent - hence the name Cost Plus World Market!
We bring the beauty and excitement of global bazaars to you. Our selection is always changing, and, like favorite mementos from your life, each item has a story worth sharing. From Balinese baskets, pottery from Portugal and collectibles from Africa to scrolled artwork inspired by Spanish artifacts - each store is a treasure trove.
There are over 259 Cost Plus World Market stores nationwide - and we’re always open online at worldmarket.com. So adventure in to see us today!
Discover the art of block printing as well as our handcrafted chindi rugs!
Learn Trading Economics
You will have read my profile and in it you will have seen I have been in internet marketing for a few years now and I went through all the ups and downs like everyone else who has a ‘Dabble’. Had my fair share of scams as well from the so-called experts who at the end of the day are only out to fleece you. But if you are really interested and want to make an income from the internet from home you have to put those experiences behind you and soldier on.
Tutorials about handy shortcuts, youtube videos, editing pictures, creating logo’s, making your own header, SEO, HTML tables, boxes and anchor links, how to make symbols, banners arrows…. Learn more >>
Hello Robert, great reply you gave, and so right, becoming your own boss takes up a lot of time and will grow in time, the only people who get rich over night are the ones who win the lottery. Wealthy Affiliate is truly a future builder, for realistic people who recognize that all those promises about earning thousands of dollars in a month time, they are not talking about YOU making that amount of money, but they are talking about themselves. Unfortunately, a lot of people will fall for those crappy promises. As you say, it will happen to build your website on WA, but it will not happen over night, and also not without working hard and putting in time. So I am looking here for the right people, people who are willing to work and understand entrepreneurship is a very rewarding road to be on. The difference between Holland and The Nederlands is, the two most economic provinces, and where our Capital is in, and where our Government settles are North and South Holland. The whole country is officially called The Netherlands. In our language written: Nederland. Have a nice day Robert, see you around on our platform inside the premises of Wealthy Affiliate, Loes
Hi Peggy, how nice of you to visit my website, I truly love the chair leg protectors 🙂 so cute, Loes
Hi Loes First of all. You don’t look anywhere near old enough to have a granddaughter. Do they have the ‘Fountain Of Youth’ over there in Holland?
Learn to trade forex, oil, gold, indicies, stocks, shares
Register for our free, monthly online discussion with a professional Investment Manager that also creates algorithmic trading systems or algos. Click Here to register for this unique event).
Advantages and Characteristics of the Robot
Click here to request more information about the robot or to receive the account applications and instructions via email.
Yet Another Northern European Property Bubble Under Attack
Through the Coca-Cola Scholars Foundation over 1,000 students receive free grants for college each year, with awards totaling $3.4 million annually. Awards from this program are generous, with some students receiving up to $20,000 for school.
Special programs, odd jobs, and even crowdsourcing can all add up to impressive college funding sources.
The federal government will expect students to contribute a higher percentage of their income to college expenses than their parents, so keep that 529 plan and any other investments in your parents’ names to maximize your federal aid opportunities.
The IEEE Computer Society awards thousands of dollars in scholarship money to computer science and engineering students each year through various programs. Prizes range from $500 for student projects to $24,000 for first-year graduate engineering students.
Free Money System Made me
Advertiser Disclosure: So how do we make money? We receive compensation from our partners when someone applies or gets approved for a financial product through our site. But, the results of our tools (like our credit card comparison tool) and editorial reviews are based on quantitative and qualitative assessments of product features — nothing else. Compensation may influence the products we review and write about, the order in which categories appear in “best of” articles, whether products appear on our site and where they’re placed. While we try to feature as many product offers on our site as we can maintain (1,200+ credit cards and financial products!), we recognize that our site does not feature every company or financial product available on the market.
If your employer made all the contributions to the pension plan, you would owe income tax on the distributions you received, and you would also owe an additional 10 percent penalty because you took the distribution before age 59 1/2.
Disclaimer: NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly.
Besides that, you would lose a considerable amount of potential tax-deferred growth over the next 30 years or so by taking the money now instead of either leaving it in the pension or transferring it to an IRA. You probably have a considerable amount of work time invested to have built up the ...
You would owe at least one quarter of that amount in penalties and interest (tax rate 15% + penalty of 10%). That figure will rise if you also have state and local taxes on the withdrawal. I would, instead, not look at the "easy" way, but judiciously review your spending habits. Are you living below your means? Can you find some excess spending that you can allocate to the debt? And will you and your spouse pledge to work as a team so that you won't get into this situation again?
If your employer is offering to buy you out it is doing it for its benefit, not yours. If you rolled the money over chances are you would not get 7% in todays market. Unless you are planning to die young you will be much better off leaving the pension money where it is.
Happy Trading, God Bless, Good Luck and Cheers : From Trader Ed
We will leave for another time an extended debate about the social utility of day trading. The traditional justification is that it provides a bit of extra “liquidity” to the markets, buyers for willing sellers and sellers for willing buyers at the very moment when such counterparties are in the greatest demand. In theory, that should help reduce volatility and damp market swings.
It was much the same for Dylan when he broke the news to his mother. Pam said it sounded a bit shady to her.
“In high school, I started playing $5 games on weekends with my degenerate gambler friends from Sidwell,” Dylan says. That would be the Sidwell Friends School, the upscale Quaker academy better known for educating the children of presidents than as a training ground for card sharks. Without telling his parents — father Denis, a high school teacher and onetime journalist for the San Jose Mercury News and The Washington Post, mother Pam, a telecom-lawyer-turned-consultant — Dylan had signed up for an online account using his dad’s name. He won a few bucks overall but was never able to cash out because of the surreptitious nature of the account.
Chris is one of the more conservative traders in the group and also one of the more successful, earning more than $1 million over the past five years. Dylan, by contrast, has the reputation as the “wild man,” a self-described “risk-taker” willing to go where others won’t, put more behind each trade and, if necessary, hang on longer until it pays off. While that trait served him well during the Knight Capital incident, it hasn’t always been the case.
Beall is mentor, partner, boss and risk-manager to his young crew. Because he and his partners in New York get up to 50 percent of the profits from any trade to cover their expenses and investment risk, he keeps close tabs on their positions, occasionally giving approval for a larger-than-normal position. It’s the kind of hands-on supervision that Wall Street banks and hedge funds claim to do, but in reality gave up when they came to rely of computerized risk-management systems.
If you walked into the apartment Dylan shares with Chris and another former AMR trader, you’d think they were just a bunch of recent college graduates with a tenuous hold on the first rung of the economic ladder. Despite having a bank account bigger than the 401(k)s of most 50-somethings, Chris just bought his first car last December — a black Cadillac CTS. Dylan motors around West Palm in a blue 2003 Jaguar sedan with 100,000 miles on it that he bought for $7,000 in poker-winnings when he still had no paycheck. They spend almost nothing on flashy electronics or clothes (Dylan is not too proud to wear hand-me-downs from his colleagues). And while they’ve been known to blow a few hundred bucks on a celebratory meal or night of hard drinking, or a golfing weekend at Hilton Head, most of their earnings go into their “banks” or is stashed away for the inevitable drought in trading profits.