Archives of “January 2019” month

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Trading Psychology Quotes

  
  Education
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thinker-

  • Assumption 1: We have not learned everything there is to know.
  • Assumption 2: What we have learned, unwittingly or by choice, may not be very useful with respect to fulfilling ourselves in some satisfying manner.
  • Assumption 3: What we have learned that is useful and works to our satisfaction is still subject to change because of changing environmental conditions.

“If you operate out of the foregoing assumptions, you will begin to recognize how every moment becomes a perfect indication of your state of development and what you need to do to improve yourself.

“When we refuse to acknowledge or accept the perfection of each moment in our lives, we deny ourselves access to the infomation that we need to expand ourselves. Any skill that we need to learn to express ourselves more effectively has a true starting point. To find that true starting point requires our acceptance of each outcome as a reflection of the sum total of who we are so that we can first indentify what skill needs to be learned and how we might go about the task of learning it. Without this true starting point, we will operate from a base of illusion.

Japan's Docomo to help farmers increase milk production

  
Analysis, Education
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Wireless sensors will tell when cows are in heat

NTT Docomo’s sensors, placed on the neck of cows, will detect motions and other activities indicating estrus.

– Japanese telecommunications giant NTT Docomo will launch an internet-linked monitoring service later this month that will help farmers better determine whether a cow is in heat.
Dairy cows are said to produce more milk when in estrus, and the innovation would also promote the efficient breeding of beef cattle.

 Docomo’s system will adopt devices developed by Hokkaido startup Farmnote. The plan is to market the product via regional agricultural associations and have 1,000 dairy farmers adopt the technology in two years.

Sensors placed on the cows’ necks will monitor their movement, rumination times and other data. That information will be collected wirelessly to determine whether those activities have escalated — a sign that a cow is in heat. This internet of things application is believed to be at least 90% accurate for free-range cattle.
Artificial intelligence programs will enable determinations based on individual differences. Prices for sensors and other devices come to 29,800 yen ($264) per head, along with a monthly service fee of 200 yen a cow. Data-relaying equipment and placing the sensors on the cattle will cost extra.
Dairy farmers who own 50 cows stand to lose nearly 4 million yen annually in reduced milk volume if they miss estrus cycles. For that reason, producers are expected to recoup initial costs after using Docomo’s system for a year.
The devices will also quickly detect signs of sickness or similar problems within cattle. Docomo is also looking at providing additional services, including those that would aid raising calves, monitor feed levels and support farm produce logistics.
Docomo aims to take in about 100 billion yen from its internet of things business in fiscal 2020, or triple fiscal 2016’s estimate.

Links For Traders

  
Education, LINKS
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Interesting reads:

Detachment for Traders

  
  Education

Detachment-is-not-that

  • When you become fully and solely identified with a particular role (e.g. I am a trader), you can become depressed when it’s not going well. It’s hard to detach from trading results when you’re fully identifying with the role, and only that role. So make a list of the other things you do and are. Identify with the whole scope of your being. You are so much more than your trading.
  • Experiment with bringing different perceptual positions to your trading. Try placing a couple of chairs near your trading station. Let one represent a mentor. Let the other represent a neutral observer. Sit in the different chairs literally or in your imagination and look at the trading from those perspectives.
  • You cannot use the trading arena to prove your worth or your capability. It will just bring your trading and your self-esteem to new lows. To build your self-esteem, ask yourself “what did I do today that I’m proud of?”, and “In what ways am I improving?”
  • Anxiety is a forward looking emotion that tells you that there is something in your future for which you need to prepare. Ask yourself, “What can I do to prepare for this?” And do whatever you can. Then in your imagination, go out into the future to just after the successful conclusion of the event you were worried about. Imagine and visualize the successful conclusion of the event. Most people do just the opposite of this. Imagine instead that the trade goes where the probabilities tell you it will go.

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