The Washington Post reported that over the last 10 years the United States lost more than a quarter of its manufacturing jobs. Although we are all aware it’s cheaper to manufacture products overseas, Washington Post reporter Peter Whoriskey explains that Asia is producing an ever-increasing workforce armed with engineering doctorates. China and other Asian countries are also flowing millions of dollars into high tech research in order to compete with the tech industry in the United States. For example, over the last 10 years China doubled the number of engineering doctorates awarded.
Industrial Robots are automatic devices, which to an extent simulate the human behavior or more specifically human activity. Robots are important part of the science of Automation. Automation involves machines and computers that are capable of learning and performing various types of operations. The word robot has been derived from the Czech word ”robota” meaning compulsory labor. The robots are used in industries to perform various functions like material handling, spot welding, spray painting, die casting, ironing, forging, assembly operations, palletizing, dispensing, testing, water jet cutting, picking and placing heavy goods etc.
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The industrial robots have not yet achieved economies of scale, illustrating the market opportunity that will come quickly after economies of scale are achieved. New technology and improved controllers open the path to economies of scale for industrial robots. As this occurs a new industrial revolution will occur. There are massive numbers of products offered by each major industrial robot vendor. Product consolidation is occurring in the market. Customization of a few products to increase product volume hold the promise of changing the market so it functions at a level that means devices that basically have eluded economies of scale in the past, will now be able to be mass produced.
Before, most of the transactions on foreign exchange are done manually especially storing data and information of past trades, there are vast amounts of graphs and statistics to analyze and it can take a lot of time. Here and now systems were made to help lessen the work of traders and still gain income from trades efficiently they are named Forex robots. Well most would think that robots are mechanical hardware but in the world of FX trading it is only a term used because they are automated software that enter trades and deal independently.
Before I get into specifics, I’ll mention what this technology does and how it works. Day Trading Robot is a stock trading system which makes use of mathematical algorithms based on real trading techniques used by real traders to analyze market data and look for profitable trading opps. Once it’s found what it deems as being a high probability trading opportunity, it notifies you so that you can trade accordingly.