Tag Archives: software

Chaikin Analytics Review and Free Trial

One of the biggest hurdles that the individual investor faces in trying to create a nimble, smart portfolio is the competition.

Investment bankers, quants, mutual fund companies, and big Wall Street firms are employing Ph.D. researchers with degrees in everything from finance to physics to create model portfolios. They use the latest and most powerful technology to guide their buys and sells.

The little guy doesn’t have a chance.

That’s what I thought, until last week. George and I had a chance to see a demonstration of Chaikin Analytics, probably one of the most complete set of investment tools and stock market model-building technology that’s available for the money. Or at least I’ve ever seen.

The Chaikin Analytics Dashboard

The Chaikin Analytics Dashboard

How does Chaikin level the playing field?

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Why is Everyone so Down on Entropy?

Entropy by Jef Safi

Entropy by Jef Safi

Entropy has a bad rap.

When you hear about entropy in science class it’s usually described as a messy bedroom, a completely disordered state. It has nothing to do with intelligence, in fact, it looks like the complete opposite of intelligence.

But, according to a Harvard computational physicist, entropy holds the key to intelligence and — defying the bad reputation thrust on it by millions of high school science teachers — entropy is more like a state of exploration, or even play. It’s an insight that could lead to new technologies and has important implications for econophysics and stock trading, believe it or not.

Alexander Wissner-Gross, who is part of both Harvard’s Institute for Applied Computational Science and MIT’s Media Lab, recently published a paper called, “Causal Entropic Forces,” which, using cosmology as its inspiration, seeks to reveal the “deep connections between intelligence and entropy maximization.”

And that gives us a clue to how it works in finances and trading. Wissner-Gross sees entropy as the universe’s way to explore possibilities and to seize future possibilities as possible. As he tells Io9, it’s a lot like playing Go.

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Dragon NaturallySpeaking Update

I’ve been using Dragon NaturallySpeaking (version 10 standard) for about two weeks now. I have to say it works really great. Much better than I imagined. I had read about how Ray Kurzweil uses similar software all the time, and even used it to write his books

Dragon NaturallySpeakingMaybe you are one of those people who has to experience it to believe it. I was one of those people. The good news is that it can replace about 95% of most people’s typing. For me, it works great for typing my blog posts for me, e-mail, and online chatting.

The only place it doesn’t work that great for me yet is when doing programming. So if you’re a programmer, and you’re using a voice software, please comment and let us know the best way to do it!

Here are some tips on using Dragon NaturallySpeaking:

  • You need a lot of memory! On Windows XP it uses about 500 MB. Memory is cheap, so this is no problem.
  • It also takes a little bit of getting used to. As with any program, it takes some trial and error to learn how to get it to work well.
  • Don’t worry, if it doesn’t work perfectly for you. In the next year or two it will improve dramatically!
  • If it is not sending the text to the program you are working with, try closing all other programs, or any programs or web pages which may be using the CPU (like Pandora)
  • For version 10, you need to have a computer CPU that has SSE-2, so it won’t work with old computers.

Another fascinating aspect of using the software, is that it allows you to have a very different experience from typing. When you talk or dictate, it uses a completely different part of your brain from when you were typing. You may find, that it is much easier to dictate your e-mails, blog posts, or even a book that it is to type it.

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