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Fractals, Chaos and Power Laws by Manfred Schroeder
Fractals, Chaos & Power Laws by Manfred Schroeder
Fractals, Chaos & Power Laws by Manfred Schroeder
“As notable as the book’s broad sweep is the author’s good-natured, humorous presentation. The willing reader can sit back and enjoy an all-encompassing, irrepressibly enthusiastic tour, ranging from psycho physics to quasicrystals, from gambling strategies to Bach concertos, from the construction of Cantor sets to the design of concert halls.” — Physics Today
“Such a richness of topics and amazing splendor of illustrations!” — Mathematics Magazine
“An inviting exposition for a literate but not highly scientific audience.” — American Mathematical Monthly
This fascinating book explores the connections between chaos theory, physics, biology, and mathematics. Its award-winning computer graphics, optical illusions, and games illustrate the concept of self-similarity, a typical property of fractals. Author Manfred Schroeder — hailed by Publishers Weekly as a modern Lewis Carroll — conveys memorable insights in the form of puns and puzzles that relate abstract mathematics to everyday experience.
Excellent entertainment for readers with a grasp of algebra and some calculus, this book forms a fine university-level introduction to fractal math. Eight pages of color images clarify the text, along with numerous black-and-white illustrations.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Fractals, Chaos and Power Laws by Manfred Schroeder
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