Difference Between Various Option Types

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Difference Between | Descriptive Analysis and Comparisons

Key Difference: There are many types of printers primarily differentiated on the basis of working technology behind them. However, they are broadly classified into impact and non-impact printers.

Printers are electromechanical devices which are used as an output device. It is used for printing text or images on paper. It works as the external peripheral device and is connected to the source of data like tablet and desktop via a cable or in a wireless set up. Broadly printers are divided into two broad categories – impact and non-impact. Impact printers are those printers in which the text and image impression s made by tiny wire pins of print head strike at the ink ribbon physically making a contact with the paper. In non-impact printers, no such striking takes place.

Printers can be divided into these categories –

Dot Matrix – This printer falls into the category of impact printers which uses striking pins. In these printers closely spaced dots gets printed on the paper and generate the desired appropriate space. They do not provide a high quality print. Speed in these printers may vary from 50 to 500cps. D ue to noise created by them they are not admired by many. However they can be used for creating multiple copies of a page by using multipart forms.

Daisy Wheel Printer – It is another type of impact printer which makes use of a disk of plastic or metal on which character are laid out at the outer edge. The printer rotates the disk to get the desired latter. The hammer strikes the disk and force it to hit the ink ribbon, and then it strikes to the paper, leaving behind the impression of that particle desired character. These printers are not capable of printing graphics.

Line Printer – This is similar to a daisy wheel printer. However, these printers can print a single line at one time. It makes use of a buffer memory which keeps the information of the line to be printed. Then these lines get printed on the paper at rates ranging from 500 to 3000 lines per minute. These are also very noisy printers. These types of printers are not used these days and therefore are considered obsolete now.

Inkjet Printer – It is a non-impact printer. Non-impact printers are preferred over impact printers for various reasons. These are less noisy that the impact ones. It makes use of the electrically charged or heated ink which is sprayed on to the paper creating the desired shapes. They make use of color cartridges for printing in different colors. It can make up to 200 cps. This option is good for achieving a good quality print and for getting an inexpensive colored printing.

Laser Printer – It makes use of a dry powdered ink and a laser beam for creating a fine dot matrix pater. 5 pages can be generated in a single minute by using this method of printing. This laser technology incorporated in printers gets printing done quickly and also helps when printing needs to be done in large quantity. It was first developed by Gary Starkweather at Xerox Park and got released in 1971.

Thermal Printer –These printers are generally used in businesses or stores. They work in either of these ways – Traditionally, it used a special type of heat sensitive paper. Heat is generated which reacts with the heat sensitive paper and the pigments transfer the image to the sheet with the help of thermal print head. In newer machines, ribbon printer cartridges with a waxy material are stored. Heating melts the waxy substance and gets the print on to the paper. These are generally not very expensive and are quiet easy to use.

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LCD and LED – These printers work similar to the laser printer. However, they make use of the liquid crystals or light emitting diodes in order to get the prints. They make use of the Xerographic printing process. Many times they are also kept in the same category as laser printers. Still, they do not use laser beam like laser printer for transferring the electrostack image to the photoreceptor.

Plotters – These large scale printers are known for their efficiency for reproducing line drawings. These are mainly used in the engineering drawings or architectural blueprints. However, it can also be kept in a separate category form printer, still mostly it is defined as a type of printer. The one main point of difference is that it draws line by using a pen. These various combinations of lines are different from closely spaced dots produces by some printers. There are also multicolor plotters.

From Price to Quality to Longevity: Here’s Your Official Guide to Every Type of Manicure

Choices are great. We love choices. But when it comes to manicures, we don’t want to be stuck with the wrong kind for the next four weeks. Here’s the real deal on every type of nail option out there.

1. Basic Polish

You know the one. Paint it on yourself or hit up your manicure spot for a pristine application (complete with hand massage, might we add). Just make sure you spend ample time under the nail dryer or you’ll risk those dreaded dings on the way out.

Cost: $10 to $15 per application.
How long it takes: 30 minutes.
How long it lasts: About five days with no chips.
How to take it off: Easy. Just grab some polish remover and cotton pads and you’re good to go.
How it affects nail health: Wear it as often as you like—it has no negative affect. It might even help to prevent nails from splitting or breaking.

2. Shellac

This is probably what you’re getting when you book a gel mani. It’s basically a hybrid of gel and nail polish that’s cured and hardened with a UV light. The word Shellac is actually just the trademark name of CND, the first company to invent and register this type of polish. It’s less hard than gel and soaks off with acetone.

Cost: $25 to $40 per application.
How long it takes: 45 minutes to an hour.
How long it lasts: About two to three weeks with no chips.
How to take it off: Do it at home with cotton pads, acetone, aluminum foil and a cuticle pusher, or visit a salon.
How it affects nail health: Some peeling or breakage might occur if you just go ahead and rip them off without using the proper removal technique. Take the time to gently soak them off for strong natural nails in between salon visits.

3. Gel

Also known as “hard gel,” it can be applied over natural or fake nails. The main difference from Shellac (or soak-off gel) is that you can extend the length of the nail, which can be sculpted and shaped just like acrylic.

Cost: $25 to $60 per application.
How long it takes: 45 minutes to an hour.
How long it lasts: Two to three weeks with no chips.
How hard to take off: You have to visit a salon to get these babies off. The nail technician will use an electric file to sand away gel before wiping nails with acetone-free remover to get rid of excess nail powder. But nail aficionados, beware: Some salons won’t remove this type of polish, so check with them before you go.
How it affects nail health: Again, gel shouldn’t damage nails if applied and removed properly by a skilled technician. But you might notice some peeling or weakness in the days following removal. Just be sure to keep nails hydrated with cuticle oil and they’ll regain their strength in no time.

4. Acrylic

The OG of nail extensions. It’s a combination of a liquid and powder that creates a hard protective layer over your natural nail and false tips. The mixture hardens from exposure to air and creates a transparent canvas for regular nail polish.

Cost: About $35 for a full set; $15 for a fill.
How long it takes: About 1.5 hours or more for a full set and 45 minutes for a fill.
How long it lasts: Two to three weeks.
How to take it off: Do it at home with cotton pads, acetone, aluminum foil and a cuticle pusher or visit a salon.
How it affects nail health: If removed properly, you shouldn’t expect much damage. Nails may appear a bit weaker due to the fact that they’re filed down before application to give the mixture added grip. Just make sure your technician doesn’t over-file them, and use cuticle oil to keep nail beds hydrated.

5. Dip Powder

Dip powder can be applied quickly and doesn’t require as much skill and precision as other manicure types. Instead of a lacquer, the color comes from a pigmented powder. Between base coats and a sealant, you dip your nails into a little jar of your chosen color. The powder will only stick to the sealant, so it leaves less room for messy cuticles. It’s also more flexible than other extensions, so you may either find it more comfortable or more prone to breakage if you’re not gentle on it.

Cost: $40-$50 per application.
How long it takes: About 45 minutes.
How long it lasts: Up to three to four weeks without chips.
How to take it off: You can remove this type of polish at home just like you would acrylic or Shellac, but beware, it might take a little longer. Powder adheres to the nail slightly better than both other methods, so you may have to leave acetone on longer. Or if all else fails, just go to the salon.
How it affects nail health: Some people say that dip powder is better for your nails than acrylic, Shellac and gel. But they all come down to proper application and removal. Hygiene is really key here—make sure your technician isn’t dipping your nails into a communal pot of powder, which can cause infection (gross).

6. Paraffin manicure

A parrafin manicure involves dipping your hand in paraffin wax—a colorless, odorless wax derived from beeswax and petroleum—and placing them in plastic gloves and wrapping in a hot towel. Once the parrafin hardens around your hands, it opens up your pores to release any dirt or toxins, while also removing any dead skin cells. It’s often mixed with essential oils like lavender, tea tree, peppermint or aloe vera to double the benefits in the process and give it a soothing scent. Once the substance has cooled, the technician will peel it off and apply a standard manicure. Paraffin manicures are great for healing dry and cracked hands, making them silky and smooth again.

Cost: $20-$40 on top of the cost of a regular manicure
How long it takes: 30 minutes to an hour
How it affects nail health: It’s a completely natural ingredient, so it won’t affect your nails one bit. That said, paraffin wax is not recommended for people with hypertension, diabetes or varicose veins—you could experience numbness, unusual sensations or poor circulation if you are diabetic. Also, skip the treatment if you have super-sensitive skin and are prone to heat rash. As always, it’s best to talk to your doctor to decide if paraffin wax is right for you.

Trading Order Types

Market, Limit, Stop and If Touched

All trades are made up of separate orders that are used together to make a complete trade. All trades consist of at least two orders: one to get into the trade, and another order to exit the trade. Order types are the same whether trading stocks, currencies or futures.

A single order is either a buy order or a sell order, and an order can be used either to enter a trade or to exit a trade. If a trade is entered with a buy order, then it will be exited with a sell order. If a trade is entered with a sell order, the position will be exited with a buy order.

For example, if a trader expected a stock price to go up, the simplest trade would consist of one buy order to enter the trade, and one sell order to exit the trade, hopefully at a profit after the price has actually risen.

Alternatively, if a trader expected a stock price to go down, the simplest trade would consist of one sell order to enter the trade, and one buy order to exit the trade. This last example, called shorting or shorting a stock, is when a stock is sold first and then bought back later.

Traders have access to many different types of orders that they can use in various combinations to make trades. Below, the main order types are explained, along with how these orders are used in trading.

Market Orders (MKT)

Market orders buy or sell at the current price, whatever that price may be. In an active market, market orders will always get filled, but not necessarily at the exact price that the trader intended. For example, a trader might place a market order when the best price is 1.2954, but other orders might get filled first, and the trader’s order might get filled at 1.2955 instead.

Market orders are used when you definitely want your order to be processed and are willing to risk getting a slightly different price. If you are buying, your market order will get filled at the ask price, as that is the price someone else is currently willing to sell for.

If you are selling, your market order will get filled at the bid price, as that is the price someone else is currently willing to buy at.

Limit Orders (LMT)

Limit orders are orders to buy or sell an asset at a specific price or better. Limit orders may or may not get filled depending on how the market is moving, but if they do get filled it will always be at the chosen price, or better.

For example, if a trader placed a limit order with a price of $50.50, the order would only get filled at $50.50 or better. In this case, a better price would be below $50.50, if it got filled at all. Limit orders are used when you want to make sure that you get a suitable price and are willing to risk not being filled at all. The order only gets filled if someone is willing to sell to you if you are buying at $50.50, or below.

If you wanted to sell at $50.50 or better—which would be above $50.50, in this case—you could use a sell limit order. The order will only be executed if someone else is willing to buy from you at $50.50 or above.

Stop Orders (STP)

Stop orders are similar to market orders in that they are orders to buy or sell an asset at the best available price, but these orders are only processed if the market reaches a specific price.

For example, if the current price of an asset is 1.2567, a trader might place a buy stop order with a price of 1.2572. If the market trades at 1.2572 or above, the trader’s stop order will be processed as a market order and will then get filled at the current best price.

Stop orders are processed as market orders, so if the stop or trigger price is reached, the order will always get filled, but not necessarily at the price that the trader intended. Stop orders will trigger if the market trades at or past the stop price. For a buy order, the stop price must be above the current price, and for a sell order, the stop price must be below the current price.

Stop orders can be used to enter a trade, but also used to exit a trade, typically called a stop loss. For example, if a trader buys a stock at $50.50, they may place a sell stop at $50.25. If the price reaches $50.25 or below, the sell order will be executed, getting the trader out of the position at $50.25 or below, limiting the loss on the position.

If a trader is short at $50.50, they may place a buy stop at $50.75 to limit their loss. If the price reaches $50.75 or above the buy stop will execute, closing the trader’s position at $50.75 or above.

Stop Limit Orders (STPLMT)

Traders will commonly combine a stop and a limit order to fine-tune what price they get. To open a trade, a trader could place a buy stop limit at $50.75. Assume the stock currently trades at $50.50. If the price reaches $50.75 the buy stop limit order will be executed, but only if the order can be executed at $50.75 or below.

This also works to initiate a short position. If the current price is $25.25, and a trader wants to go short if the price falls to $25.10, they could place a sell stop limit at $25.10. If the price reaches $25.10 the order will be executed, but only if the order can be executed $25.10 or above.

When using a stop limit order, the stop and limit prices of the order can be different. For the buying example, our trader could place a buy stop at $50.75, but with a limit at $50.78. The buy stop kicks in and buys if $50.75 is reached, but due to the limit order, the order will only buy up to $50.78. This assures that the trader buys if $50.75 is reached, but only if the market allows them to do so below $50.78.

Stop limit orders will remain pending until someone else is willing to transact at the stop limit order price(s), or better.

Market If Touched Orders

A buy MIT (“market if touched”) order price is placed below the current price, while the sell MIT order price is placed above the current price. For example, assume a stock is trading at $16.50. A MIT buy order could be placed at $16.40. If the price moves to $16.40 or below, the trigger price, then a market buy order will be sent out.

For a sell order, assume a stock is trading $16.50. A MIT sell order could be placed at $16.60. If the price moves to $16.60, the trigger price, then a market sell order be sent out.

Limit If Touched Orders (LIT)

A LIT (“limit if touched”) order is like a MIT order, but it sends out a limit order instead of a market order. For a LIT order, there is a trigger price and a limit price.

For example, assume a stock is trading at $16.50. A LIT trigger could be placed at $16.40. In addition, a limit price of $16.35 could be set. If the price moves to $16.40 or below, the trigger price, then a limit order will be placed at $16.35. Since it is a limit order, the buy will only be executed at $16.35 or below.

For a sell order, assume a stock is trading at $16.50. A LIT trigger could be placed at $16.60. In addition, a limit price of $16.65 could be set. If the price moves to $16.60 or above, the trigger price, then a limit order will be placed at $16.65. Since it is a limit order, the sell trade will only be executed at $16.65 or above.

Summary of Trading Order Types

A market order is used to enter or exit a position quickly. It will be filled, but not necessarily at the price expected, called slippage.

A limit order is used to cap the amount that is paid on a buy order or to sell at a specific price, or above, on a sell order. A stop order is used to capture a specific price or higher, on a buy order, or to capture a specific price or lower, on a sell order.

A buy stop limit order is used to buy at a specific price or lower or within a range, while a sell stop limit is used to sell at a specific price or higher, or within a range. This combines elements of the basic stop and limit order types.

Market if touched orders trigger a market order if a certain price is touched. A limit if touched order sends out a limit order if a specific trigger price is reached.

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