The news industry began around the globe as small papers which were being printed using outdated printing presses. Within a span of several years, technology evolved and this has made the generation and transmission of news to different parts of the world much easier and faster. The most recognizable technological advancement that emerged in the news industry is the development of computers. Many individuals would not be able to get the news as fast as they can get it nowadays were it not for the invention of computers.
The following are some of the ways in which the emergences of computers have transformed the news industry;
The main transformation that the invention of computers has brought to the news industry is that there is no gateway between publishing and the writer. Currently, anybody can create a personal blog and present whichever kind of news they desire. News can nowadays be transmitted to individuals across the world very quickly than it was many decades ago even though it normally does not go through editing and fact-checking process like you would witness at a newspaper. The other way in which is delivered by any person is the video blogs. Videos can be recorded and posted online by people. The online mediums that news can today be posted include YouTube, Facebook, Twitter etc.
Style and speed of news delivery
Currently, people know what is taking place as soon as a story is published in the newspaper. This usually happens prior to the appearance of the story on the nightly news since people uses computers to share the news via social media sites such as twitter, facebook or personal blogs. Most newspapers and news stations have designed special sites on their websites where the public or interested parties can present news as it occurs. The writing styles have also changed due to the use of computers. Students studying journalism courses are taught how to write news for both the print and online readers. For example, stories that happen frequently are updated as soon as the news breaks. This requires a different state of mind for different news receivers.
The use of computers provides the journalist with an opportunity to add extra contents to their stories. They can add video and audio clips to the stories they publish on the websites. This helps in engaging the story readers much more than a televised news bulletin or newspaper would do. The use of podcasts provides a popular way of news delivery since the stories can just be downloaded directly to an iPod and transmitted immediately without wasting time. The other transformation in the news industry due to the rise of computers is the fall of print media. This has led to the saving by the news industry since they used to spend too much money in purchasing printing products which reduced their revenues as most readers would not buy the print newspapers but would rather get the news from the websites directly. The subscriptions of newspaper have drastically fallen due to the emergence of computers in the news industry. Computer Repair is also not as cumbersome as others may think. It only require specialist and any computer that have any problem will be repaired immediately.
In general, computer repairs glebe have transformed the computer news industry and have made the publication and transmission of news much easier than before.
Automated Trading: Why automated trading using computer software is fast becoming popular !
Even with the smartest strategy, a delay of few minutes in the execution of orders could really make a big difference. Automated trading involves two steps; the first one is developing a strategy, while the second one is sending the orders. In fact, the main advantage with automated trading is that it saves time and is more efficient than humans-That means that you are better off than your competitors.
How it works
The dynamics of automated trading software are not very complicated to learn. In fact, if you are new in this industry, it shouldn’t take you long to learn the basics. Just know this; Once orders have been generated, they are sent directly to the broker’s server, of which they will respond with a message confirming their status. Afterwards, you can see on the charts whether or not the order was successful.
With a good automated trading software, you can enjoy more freedom because it doesn’t require constant monitoring either. Just like the name ‘Auto’ suggest, it can run on autopilot and give results in a timely manner. The key advantage of using this program is that your strategy will have 24 hours access to real time account information. If there are any mishap, it automatically fixes the problem.
Today’s Tradeview automated trading software come with special features that allows them to receive orders that were sent at the close of the previous market, rather than have them sent when they appear on the charts. The advantage of this approach is; it allows prices of orders to tally appropriately with the ones at the chart.
But with these sophisticated tools for running the forex market, you can virtually do anything at your convenience. I know of a feature that lets you track your orders and strategy position. Again, this gives you a far greater advantage in the competition because you can view comprehensive information in regard to strategy orders and the positions available.
Again, these programs are designed with the intelligence to know when to enter the market, when to exit it and how much money to invest in it. In the making of these programs, developers often use current and historic data in the market to determine whether the underlying algorithm will be profitable or not. Known as backtesting software, these tools provide a trading platform which allow designers to develop a system based on historic market information while aiming to produce optimum results.
Some trading platforms also allow individuals to enter the financial markets that originally were accessed by specialist trading firms only. Trading platform is not to be confused with trading system. In fact, trading system is more associated with trading strategy or method, rather than computer programs that execute orders within the scope of financial circles.
All in all, this concept of automated trading is fast becoming popular because of its ability to do what humans can’t do. Obviously, independent traders often suffer from two things; emotions and what we call ‘poor money management’. Naturally, traders fear that they would lose when they stay in the market for too long, therefore, they exit too early. However, automated trading software solves this problem by automatically executing trades in regard to enter and exit limits programmed into the system.