Post after a long time. Tried to upgrade b2evolution. (Hence migrating to WordPress)

Tried it but started getting php errors. Thankfully i had saved my backup instructions.
Please save following information. You will need it in order to restore if something went wrong

If you don’t have SSH access, ask support to help you:
– Remove the directory /home/account/public_html/blog
– Untar /home/account/fantastico_backups/blog.backup.tgz
– Empty the database dbname
– Import the file /home/account/fantastico_backups/blog/backup.sql into the database dbname
– Move /home/account/fantastico_backups/blog to /home/account/public_html/blog

Fun Places For Kids

http://www.funplaceskids.com

 
FunPlacesKids.com is our new project. Its a highly customized word press powered website listing fun and exciting places for kids. The home page displays a google map with flags pointing to different kids locations. The flag images are based on categories. I am really excited on this new .com project, and hope to list out all the fun places for kids in Us soon.

Started Reading Cocos2d for iPhone 0.99 Beginner’s Guide

Started Reading Cocos2d for iPhone 0.99 Beginner’s Guide

Just got another valuable resource in learning polishing my cocos2d skills. Cocos2d is an excellent framework for developing 2D games. The book can be purchased from Packt Publishing. It comes with a few example games. Plan on reading through and learning more.

Cocos2d for iPhone 0.99 Beginner’s Guide

http://link.packtpub.com/7CVH6K

Finished Natural Language Processing Course CS224N

Finished Natural Language Processing Course CS224N

Been a long time i havent written my blog. I was busy studying Natural Language Processing taught by Professor Chris Manning from Stanford. It was a a pretty useful course, and was very hands on with 3 programming assignments and a final project.

These are the few things that i learned and found very useful.

  • Machine translation using parallel corpa from different language. We implemented various IBM models for machine translations. Heart of them was EM algorithm
  • Creating language model one of the assignment made us create a language model from european parliment text and de scramble emails
  • Max Ent to label entities in a biological corpus
  • Wrote a part of speech parser

My final project was to predict stock volatility from quarterly transcripts. We used Scalar vector regression using features such as bag of words.

All in all it was a pretty useful and hands on course.

Stock Lesson 7 – Risk, Money Management

Always put a protective stop loss once a stock is bought!

The stop loss could by 1 or 2 Average True Range (the approximate variation a stock does on e.g. daily basis i.e. if you are looking at daily charts). Or the stop loss could be one or 2 points below the last low the stock made. What ever the criterion you choose to put a protective stop loss, calculate the per unit risk which is the price the stock – stop loss price i.e. the money you can loose on the stock if stocks goes in the wrong direction and hits the stop loss.

Rule: The total risk on all your stocks should never exceed 2 percent of your total trading money.

e.g. You have 10000 to trade with. 2% of 10000 is 200 dollars. Bought AT&T 9symbol T) at 24.95 and placed protective stop loss at 22.95. Risk per stock is 2. Since the total maximum risk you are allowed to take is 200, you can buy 200/2 i.e. 100 stocks of T. If you buy more than you are taking more risk than necessary.

Also only trade those setups that you think are going to give atleast 2wice or 3rice your risk. In the above trade you are doing the trade because you expect the stock price to jump 4 or 6 dollars from the current price of 24.95 vs your stop loss of 2 dollars below the current price. i.e. you reward to risk ratio should be 3 or above before you get into any trade. See the coin toss analogy (lesson 10).

Moral:
Trade with small risks (i.e. less than 2% of equity). This way you can sleep tight without ever loosing a lot, yet making decent profits.

Stocks Trading Lesson 6 – Only Trade in the Market Direction

If there is one single rule one should always follow, its to follow the direction of the market. If the market is up only trade long. If the market direction is down trade shorts. Markets can only be in 3 states.

 

  • Up – The market is in bull moving up
  • Down – The market is in a correction moving down.
  • Side Ways – Market is range bound

80 percent of stocks follow the market direction. So to increase your chance of success , one needs to know the direction of the market. Remember trading is about increasing your chances of success (see lesson 1 analogy gambling with coin toss), and your chances increase if you trade in the market direction.

How does one find the direction of the market.
1) Apply technical analysis on the market index. e.g apply the concept of moving average i.e. strategy 1 on the whole market e.g. on the Dow Jones Industrial Index or Nasdaq, or S&P 500. See if the moving average for each of the market points up or down or sideways.
2) Read market news. e.g. Investor Business Daily publishes daily news and tells the overall market condition as confirmed uptrend, confirmed downtrend or market under pressure. The daily videos also mention the market direction.