Archives of “January 22, 2019” day

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PISA & TIMSS Confirm Low Quality of Indian Education

  
Analysis, Education, Life
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Indian students rank near the bottom on PISA, a global test of learning standards conducted in 74 nations this year. TIMSS, another standardized international test, produced similar results earlier in 2003.

This is the first time that Indian students participated in PISA. Students from Himachal Pradesh and Tamil Nadu took theProgram for International Student Assessment (PISA) test, coordinated by the Paris-based Organization for Economic Co-operation and Development (OECD). Prior to this participation, students from Indian states of Orissa and Rajasthan took a similar test called Trends in International Mathematics and Science Study (TIMSS) in 2003.
Tamil Nadu and Himachal Pradesh rank high on human development indicators among Indian states. The India Human Development Report 2011, prepared by the Institute of Applied Manpower Research (IAMR), categorized them as “median” states, putting them significantly ahead of the national average. IAMR is an autonomous arm of India’s Planning Commission. (more…)

Consistent And Discipline

  
  Education
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In order to realize the full potential of your trading systems it is critical that you take every trading entry, adjust every stop, and close out every trade as and when your system says you should do. This takes extreme confidence in your trading systems, good robust reliable technology, and the mental discipline to stick to your trading plan whatever happens.
An underlying assumption about being consistent and disciplined is that you have a pre-defined plan for every situation you may face in your trading, so that you know how you are defining what being consistent is. Your plan needs to include at least the following items: (more…)

15 Points For Traders

  
  Education
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  1. For a trader to be successful their intellect must defeat their ego.

  2. A trader must use probabilities to overcome their own personal opinions.

  3. A trader has to use risk management to overcome the hope that a losing trade will turn around and just take the original stop loss plan.

  4. A trader must allow the actual price action to overcome any personal directional bias.

  5. A trader has to let a trailing stop overcome their desire to take profits too early early in a trade.

  6. Successful traders use their passion and goals to overcome their tendencies to laziness or procrastination in doing their trading homework.

  7. A profitable trader has learned to allow patience to overcome their desire to trade before they get a real entry signal.

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A Simple Logic Question That Most Harvard Students Get Wrong

  
Education, Life
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Havard students get near-perfect SAT scores. These are smart, smart kids. So they shouldn’t have trouble with a simple logic question, right?
Try the following puzzle:
A bat and ball cost $1.10.
The bat costs one dollar more than the ball.
How much does the ball cost?
Scroll down for the answer … (more…)

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