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Best Practices for Modern Web Applications

by Daniel Li | April 2014 | Open Source

In this article by Daniel Li, author of Mastering Grunt, we will cover the best practices for frontend development today. It will cover load time reduction, search engine optimization, form validation, and responsive design.

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Testing and Tracing Applications

by David Dossot | April 2014 | Open Source

This article by David Dossot, author of RabbitMQ Essentials, presents two handy tracing tools provided by RabbitMQ, which are very likely to become prominent in your developer's toolbox.

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Skinning a character

by Sumeet Arora | April 2014 | Open Source

In this article, by Sumeet Arora, the author of WebGL Game Development, we discuss various aspects of skinning a character.

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Ink Slingers

by Michael Rhodes | April 2014 | Beginner's Guides Open Source

In this article, by Michael Rhodes, the author of Manga Studio 5 Beginner's Guide, you will learn pressure settings and inking and how to create new brush tips for airbrushes and other marking tools.

In this article, we'll be covering the following topics in depth:

  • What is inking?

  • Tools that Manga Studio provides to let us ink our artwork

  • Using rulers and guides for inking

  • Creating a customized brush for special effects

  • How to use the Manga Studio default tones

  • A walk-through inking example

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Monte Carlo Simulation and Options

by Yuxing Yan | April 2014 | Open Source

In this article by Yuxing Yan, the author of Python for Finance, discusses how to use Monte Carlo simulation to price European, American, average, lookback, and barrier options.

In finance, we study the trade-off between risk and return. The common definition of risk is uncertainty. For example, when evaluating a potential profitable project, we have to predict many factors in the life of the project, such as the annual sales, price of the final product, prices of raw materials, salary increase of employees, inflation rate, cost of borrowing, cost of new equity, and economic status. For those cases, the Monte Carlo simulation could be used to simulate many possible future outcomes, events, and their various combinations. In this article, we focus on the applications of the Monte Carlo simulation to price various options.

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