Category: Science

Forex Trading & The Science of Getting Rich

I first became aware of “the science of getting rich” a number of years ago when someone sent me a reprint of a book of that name by Wallace Wattle.

The book is a very “dry” read but the author claimed that getting rich was an exacting science which means that if anyone applied the rules to the letter, then the outcome, by scientific definition, would be a true replication.

In other words, if one were to apply the rules of “the science of getting rich”, one would inevitably become rich.

In many ways, not dissimilar to applying a trading system that is proven to work, provided the user applies the system rules exactly, then the same success should be replicated time and time again.

You will recall unless you have been trading Lunar Currencies (joke) that we recently had a liquidity problem in the markets brought about by the meltdown in the sub-prime mortgage market.

In “the science of getting rich”, Wallace Wattle points out the necessity of generosity. In fact he states that one must give freely and although I may be slightly misquoting he suggests that “one should never miss the opportunity to give”.

It is a fact that almost all successful people give away money. I know that this may sound unlikely but check it out.

Warren Buffett has pledged to gradually give 85% of his Berkshire stock valued at around $40 million to five foundations. A dominant five-sixths of the shares will go to the world’s largest philanthropic organization, the $30 billion Bill & Melinda Gates Foundation. Yes that’s right, Bill Gates of Microsoft fame gives away very large amounts of his fortune to charitable causes. Warren Buffett and Bill Gates are far from being alone in giving away money.

Perhaps wealthy people understand more than most that the cycle of money must be kept in motion. You need to give to receive.

So what do “the science of getting rich” and forex trading have to do with each other?

In my opinion, rather a lot!

As we saw with the credit crunch, when money stops flowing, it causes a ripple effect that increasingly affects more and more people. As long as the money flow continues, there is opportunity for all, but when it stops, there is nothing but trouble ahead.

With the act of giving, according to “the science of getting rich”, one is perpetuating the mental attitude of plenty. In essence you are in the mind set of “I have plenty so I can give freely with the full expectation that I will receive even more”.

Being in the right mind set is a very important part of becoming a successful trader.

It is rather like “Trading in the Zone” (an excellent book on trading attitude by Mark Douglas). When you are in the mentality of winning, you carry on winning, but when you are in the mentality of “lack” you are just waiting for failure, which surely will come along.

If you would like to dynamically improve your trading there are a number of things you might consider, and these could include making sure that you have a well proven trading system, making sure that you are always in the “right” mind set when trading and being prepared to “pass on” some of you winnings to a good cause.

Good health and happy trading.

E20-007 Data Science And Big Data Analytics

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How To Build A Greenhouse Grade 7 Science Fair Projects

A greenhouse is basically a structure that has been designed to capture and retain the heat from the sun. It is used to grow plants when the climate does not want to cooperate. Greenhouses can be used in a number of science fair projects and can be used to test concepts from a variety of fields of sciences including engineering, physics, botany and biology.

Project #1 Capturing Heat Energy

In this project the students will be designing a greenhouse that captures heat energy from multiple sources. They will be capturing heat energy from the sun and geothermal heat energy from the ground. This project will require the student to learn about heat extraction techniques related to solar energy and geothermal energy.

Sample hypotheses that can be tested with this project include:
(1) The thickness of the plastic used for enclosing the greenhouse impacts the amount of heat conservation in the greenhouse;
(2) The opaqueness of the material used for enclosing the greenhouse impacts the amount of heat conservation in the greenhouse;
(3) The depth of the insulation on the floor of the greenhouse impacts the amount of geothermal heat conservation in the greenhouse.

Project #2 Growing Radishes

In this project the student will build a greenhouse so that they can grow radishes and conduct experiments on the radish plants during times of the year that are not normally conducive to gardening. Radish projects can look at a number of things. For example, students can try to cross pollinate radishes with another root vegetable like carrots, they can attempt to grow radishes in sand or they can try to manipulate the size of the radish by exposing the plant to 20 hours of light per day.

Project #3 Engineering Greenhouses

For students that are interested in engineering, greenhouse science fair projects can be developed with an engineering focus. For example, students can try to develop a greenhouse using nothing but materials that are normally thrown out or recycled, such as cans, bottles and plastic containers. Students will not only need to design and build their greenhouse, but they will also need to test the effectiveness their greenhouse has in regards to collecting and conserving heat energy.

Project #4 Studying Solar Energy Applications

The final project option will be an application project. Students will be learning about solar energy and how to use this knowledge to harness the suns energy to heat a greenhouse. For this project students will design and build a greenhouse that maximizes the energy delivered by the sun. A good approach for this project is to see if their design can magnify solar energy within the greenhouse to make it effective in cold weather.

Why Wait for Science To Prove What Ancient Societies Already Knew About Anti-Aging

Dr. Denman Harman first proposed the “Free Radical Theory of Aging” in 1954. But long before that, different cultures were already starting to use antioxidants to fight the effects of aging.

They may not have known why they worked. In fact, some cultures probably didn’t even know the foods they ate fought the war on aging. But, they ate these healthy foods everyday. And in doing so they made the effects of aging much less prominent, and may have extended their lives by several years.

Science in “modern” society is finally beginning to catch up with what these ancient cultures already knew. That the foods we eat can make a huge difference in our overall health. And, that includes anti-aging.

Its actually quite unfortunate that we have been raised to doubt this ancient wisdom. Unless we understand how something works, through years of clinical research, we don’t believe it. Even, if we can see the results with our own eyes.

You have no doubt heard stories about villages located in remote areas of the orient, where the people do not appear to age. They live to a very old age, and during that time, their skin still looks beautiful. And the residents have and exciting, vibrancy about them.

In these places, the residents age “gracefully”. This means that while they won’t live forever, no one will, they do not experience the degenerative diseases, skin problems and other issues that we consider a normal part of aging.

While we don’t know exactly what is responsible for this longevity, or how it works, there is one thing that most people agree on. It is related to the food that they eat. While in North America, Europe and other “developed” areas, we generally eat lots of fats, and very few fruits and vegetables, in many countries, the inhabitants eat plenty of healthy food.

And much of this food is very high in antioxidants.

We know now, that many of the effects of aging are related to free radicals. And we also know that antioxidants are very effective at removing free radicals.

We can also observe that populations that eat a lot of food that is high in antioxidants do not appear to have the same level of cancer and other degenerative diseases than more developed nations. We can also see that other age factors like sagging skin do not appear to affect those areas as strongly.

The research is ongoing as to how and why antioxidants have such a positive anti-aging affect. But do you really need to know why, when you can observe their effects on your own?

Increasing foods that are high in antioxidants or adding supplements to your diet is a safe anti-aging treatment. There is no reason to wait for all the research to be done, since there is nothing to lose by trying. Of course, you should always talk to your doctor before embarking on any diet change.

Science is years, decades or even centuries behind figuring out how all of the earth’s miracles work. This includes in the study of antioxidants and anti-aging. But there is no reason to wait for science to catch up. Learn what some civilizations have known for centuries, and use antioxidants to fight the effects of aging.

Hypnotic Language The Science Of Speed Seduction

You’ve probably heard of Neil Strauss and “The Game” and chances are you’ve caught an episode or two of VH1’s “The Pickup Artist”. If you’re into learning how to meet women then there are hundreds of guys out there peddling products that they claim will help make you successful in this area. The problem is, if you just memorize some stuff that you read in a book then there’s a big chance of you using it and having someone call you out. That’s because there’s plenty of guys out there using the same material. Another problem with just memorizing lines out of a book is that you aren’t congruent with it. When you say it, you’re not genuinely interested in what you’re saying, so you don’t give much emotion, expression, or passion to what you’re saying, and people won’t be interested at all, or they’ll just think you’re making stuff up. How do you combat this though? If you don’t think you have anything cool to say, and you’re worried about staling out, then how can you make your speech more exciting and involving without just copying some other guy and using his techniques? One secret is to learn the structure and the patterns behind exciting and emotive language. Ross Jeffries and his Speed Seduction products put a lot of stress on learning the structure and the techniques to make your language come alive, and draw people in. Here are some of the techniques and patterns behind Speed Seduction, some tips that you can go out and use right now to make your speech have a lot more impact.

Feelings: Think of how many feelings are out there of the top of your head. Passion, excitement, adventure, joy, happiness, sadness, longing, connection. One of the keys to making your speech more interesting is invoking a variety of feelings while you’re talking with someone. With guys, we tend to be more logical, and to not really invoke this kind of stuff, but you have to make it a point to. Talk about some amazing adventure you had, talk about what the feeling is like when you’re really connected with someone, talk about the passion you have in your life. Really get involved in your own stories and feelings, and see it in your mind as if you’re living the story again. In this way, the person talking with you will go on a kind of rollercoaster ride of emotions. That’s one of the main techniques of Speed Seduction is bringing up a variety of different feelings and emotions (connection, lust, fascination, safety).

Quotes: A while back, I saw this documentary on the Discovery Channel where jackals eat their own fecal matter and regurgitate it to their offspring. No, I never really saw a documentary about this, but the thing is that you can say some of the craziest things if you claim that you heard it somewhere, like from a newspaper, a documentary, a friend, etc. One of the big techniques of Speed Seduction and NLP is saying things in quotes, so that you can get away with saying more risque things.

Weasel Phrases: It sounds really slimey, but weasel phrases are essentially just phrases that lead someone to using their imagination and leading them into a certain state, or a way of feeling. Examples include phrases like “Have you ever…?” “What’s it like when you…?” “Can you remember a time…?” For instance, you couldn’t really go up to someone and say “You should feel excited and totally interested.” They’d look at you like you have a third head. Rather you could say, “I just went to this really interesting lecture. Have you ever heard someone speak and you feel totally fascinated by what they’re saying, and the rest of the room just disappears, and time just melts away?” You’re achieving that effect, but you’re doing it in a less obvious way.

Time Distortion: One of the best ideas to come from Speed Seduction, and something that’s being incorporated into a lot of new books on seduction, is the idea of “time distortion” or “future projection” or “future adventures projection” (there’s like a hundred names for the simplest concepts). The idea is that you can create an image of the two of you going out, having a great time, and just really build it up into some big event. You can be serious with this, or you can be totally out there with this. MeHow advocates really wacky crazy stuff “We could be space aliens, and you could get in my spaceship and we’d fly back to my home planet and collect moonrocks” and Speed Seduction is more of a realistic approach “going out with someone and just having an amazing time.” If you really describe a date or event, go into details about how it’s the best thing since sliced bread, then the girl you’re talking to will be more likely to go with you. It’s a lot better to ask someone to go out for a totally fun adventure than a cup of coffee or the number 3 special at Burger King.

Speed Seduction gets a lot of negative press for being manipulative, but really a lot of the techniques are just patterns of good speech that persuasive people use. And the good part about learning the patterns of persuasive speech rather than word-for-word scripts is that you’re not going to get called out for something someone has already heard before. Plus, you can make things up as you go, and talk about stuff which is actually interesting to you rather than regurgitating (that’s twice I’ve used that word, sorry) something that you’ve read somewhere. These are just some of the techniques that are discussed in Speed Seduction that you can go out and use today. Just try them out, have fun, and good luck.