Tag Archives: Control

Aarkstore Enterprise – New Directions in Bioprocess Modeling And Control – Market Research Report

New Directions in Bioprocess Modeling and Control: Maximizing Process Analytical Technology Benefits

Author : Michael A. Boudreau, Gregory K. McMillan

Pages : 340

Models offer benefits even before they are put on line. Based on years of experience, the authors reveal in New Directions in Bioprocess Modeling and Control that significant improvements can result from the process knowledge and insight that are gained when building experimental and first-principle models for process monitoring and control. Doing modeling in the process development and early commercialization phases is advantageous because it increases process efficiency and provides ongoing opportunities for improving process control. This technology is important for maximizing benefits from analyzers and control tool investments.

If you are a process design, quality control, information systems, or automation engineer in the biopharmaceutical, brewing, or bio-fuel industry, this handy resource will help you define, develop, and apply a virtual plant, model predictive control, first-principle models, neural networks, and multivariate statistical process control. The synergistic knowledge discovery on bench top or pilot plant scale can be ported to industrial scale processes. This learning process is consistent with the intent in the Process Analyzer and Process Control Tools sections of the FDA’s Guidance for Industry PAT – A Framework for Innovative Pharmaceutical Development, Manufacturing and Quality Assurance.

It states in the Process Analyzer section of the FDA’s guidance: “For certain applications, sensor-based measurements can provide a useful process signature that may be related to the underlying process steps or transformations. Based on the level of process understanding these signatures may also be useful for the process monitoring, control, and end point determination when these patterns or signatures relate to product and process quality.

Forex Trading – Keep Your Emotions Under Control.

Get A Free $50k Forex Trading Account. A lot of people who start to trade the currency markets for the first time will soon discover that forex trading can be a very emotional business. You will experience a range of different emotions at different times, and if you’re not careful this can start to have a negative impact on your trading. Let me demonstrate this point by giving you three different scenarios. First of all there is the amazing feeling you get when you close a really profitable position. This elation is magnified when you have a few winning trades in a row and are really starting to make some decent money. Now the trouble you have here is that this happiness can lead to overconfidence and a feeling of invincibility, and you can very easily find yourself upping the stakes and trying to make even more money. Sadly this will often end in disaster and you may find yourself back where you started.

Another common feeling you will experience at some point is that losing feeling when you have to take a loss. Again this feeling is magnified when you have a few successive losing trades. This can also have a devastating impact on your trading because this horrible emotion will often lead to you taking greater risks and possibly upping your stakes in order to recoup your losses. Finally another emotion that you will inevitably experience at some point is boredom. There will always be times when you stare at your price charts for hours on end, but cannot see any decent trading opportunities.

In these instances you have to be careful because this feeling of being bored can often lead to you taking silly trades that are based on nothing more than gut instinct. I’ve been there myself so I know this to be true. The best thing to do is to switch off your computer when this happens. So the point I want to get across is that you have to be careful not to let your emotions get the better of you. If you are using a proven trading system, then you should stick to this system at all times, and not start upping the stakes if it has a few winning (or losing) trades in a row. You have to remember that the most successful forex traders are also the most disciplined as well. A lack of discipline will nearly always result in losses in the long run, which is why you need to be in control of your emotions.

Risk Control Method no-2 Proper Account Sizing in stock market

Drawdowns are the bane of futures traders. When you are making money in stock market, everything is fine. It is when losses start to mount that doubt creeps. The longer a drawdown lasts and the deeper it cuts into your equity the more painful it becomes. A trader starts to think “I wonder when I’ll get back to a new equity high in stock market,, or even if I’ll get back up to a new equity high.” It’s like inadvertently getting on the down elevator in a sky rise; you don’t know how long it will be before you get back to the floor you were just on. Drawdowns are never easy to deal with. However, if you experience a drawdown that is within the realm of what you had expected going in, it is a far different situation to deal with emotionally than if you figured you would never experience anything worse than a 15% drawdown and now you are 30% in the hole. Or even worse, if you really had no idea what to expect in terms of drawdowns in stock market when you started out, and you suddenly find yourself deep in the hole in stock market. Under such circumstances it can become almost impossible to maintain confidence in your approach.

Following the steps in Section Two can give you some idea as to what you can realistically expect from your trading approach, both in terms of profitability and drawdown as a percentage of your trading capital. By properly sizing your trading account you take an important step toward minimizing your risk even before you make the first trade in stock market.