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rssJapan to allow fingerprint authorization for visitors
Visitors to Japan will be able to use their fingerprints instead of passports to identify themselves at some hotels thanks to technology introduced by a Tokyo venture.
With financial help from the economy and industry ministry, Liquid will start offering a fingerprint-based authorization system by March in a bid to increase travel convenience. Some 80 hotels and Japanese-style inns in major tourist spots like Hakone and Atami, two hot spring resort areas not far from Tokyo, will be among the first to install the system. More inns and hotels will follow.
The ministry will cover part of the installation costs.
Visitors to Japan can register their fingerprints along with their passport information in their home countries or at registration spots at airports or elsewhere in Japan. Foreign travelers can then identify themselves at a hotel’s front desk by waving their fingers over a contactless device.
Japanese law requires hotels to check and keep copies of foreigners’ passports. But the economy ministry and the ministry of labor have decided to treat “digital passports” as legitimate alternatives.
Warp Speed or Turtle Speed?
A lot of statistics are published about the number of traders that are ’successful’ even though we don’t always receive their definition of successful.
Whether it is 70% or 95% of new traders that are said to lose all of their capital in the first 30-60 days, the real question is WHY??
In almost every case that I hear about when a person states that they quit trading because they lost all of their money in the first 30-60 days so they got discouraged and said that trading was not for them, these individuals attempted to move too fast when they started. They had acquired very little, if any, type of training and then jumped into a live account without any direction or plan.
Anyone who steps into the trading world (or any endeavor) without training to acquire the skills needed to approach the new program is setting themselves up for a very challenging situation and generally more failures than successes.
You can approach a new situation in life at warp speed and take the consequences or at the speed of a turtle and build your skills and experience so as to eventually acquire warp speed movement, but with turtle-like results, which is what the turtle always experienced when he raced the rabbit….. Success!!
Thought For A Day
"You can do anything in life, you just can't do everything.
Master Key For Traders
Models as metaphors
The Economist: A light bulb turns on, triggered by a motion sensor
Think, decide, act. There is no 'golden' indicator.
Thinking Without Words
Dont Miss to watch Video
Here is an eye-opening video of what can be accomplished with an abacus.
Notice that what’s really accomplished here is rapid thinking that does not take place in words.
This is very relevant to recognizing patterns in order flow and very short-term price patterns.
The key is to develop a “language” that is not verbal. The soroban provides a non-verbal language.