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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.

Resolutions For 2012

  
Education, Life
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Resolutions On Trading & Investing:

  • Define my trading plan and stay with it.
  • Take no trades without establishing a complete and precise trading plan before the initial trigger.
  • Keep an open mind for new market scenarios based on what the price action and pattern setups provide.
  • Always trade with the trend.
  • The less trading I do, the better my results so for 2012 I’m adoping weekly/monthly time frames
  • Once I am in a trade, stick with the original plan for target and stop-loss – Don’t panic!
  • Make every trade meet the strategy requirements and what happens from there is up to the market.
  • I need to exercise greater patience in both buying and selling.
  • Be more willing to take a position, even if it is very small. It is tough though to gain the confidence to do so as the market has been tough.
  • I am NOT going to overtrade. I will only make “A” trades.
  • Don’t ever force a trade, stay in cash when unsure.
  • I resolve not to violate my stops.
  • Wait for opportunities instead of looking for trades.
  • Do not make a move until your indicators say so.
  • Follow this important Gartman rule: “Do more of what is working and less of what is not.”
  • To clarify my trading approach in my mind and in writing.
  • Be dispassionate and thoroughly objective when evaluating positions.
  • Do not be afraid to cut a loss, even if the trade is later re-entered at a higher price / better set-up
  • Never trade on impulse.
  • To memorize and practice the cardinal rules of trading.
  • Only trade when you can pay very close attention or exclusive attention to the market.
  • Dedicate more time during non-market hours to prepare for trading.
  • Take emotion out of my trading. Follow price action.
  • I need to overcome my unreasonable fear of the market.
  • Try to avoid personal bias in making decisions.
  • Wait for pattern to work out – do not jump the gun.
  • Don’t be in such a damn hurry. Wait out the times when the setup is just not there.
  • Avoid buy and hold in times of high market volatility.
  • Actually ignore the news and trade the charts! It’s harder than it sounds.
  • Don’t force the trade. The market will open again tomorrow and there will be new opportunities.
  • Don’t turn a trade into an investment. Continue to focus on price action.
  • Approach each trading day well-rested, of clear mind, and with a positive, opportunistic attitude just like Kirk

 
Resolutions On Learning:

  • Learn to do 1-2 things very well and focus.
  • Write the plan for the year ahead. Specify initial position, goals, entrance and exit strategies for action, identify risks to take and manage.
  • Study more on the weekends to prepare for the upcoming week.
  • I will be more diligent in keeping a journal of EVERY trade made in the year.
  • Quit searching for the holy grail of trading – there is none.
  • Turn off CNBC and all other distractions in the way of my success
  • I will keep good records and document all of my research, trades, and outcomes.
  • Use the right side of my brain and be careful of the left.
  • Do not blindly follow anyone else.
  • Accept failure and move on.
  • Methodically analyze what went right and wrong on each trade.
  • Spend more time nightly looking at charts.
  • Learn 10 new chart patterns this year and trade only setups identified by those patterns.
  • Apply a consistent decision tree toward every single trade.
  • Tune out the noise. No calls during the day. No more “experts”, no more TV and definitely, absolutely and without a smidge of doubt no more twitter.
  • Transition from paper trading to live trading.
  • Need to read more charts and read less newspapers.
  • Assess my strengths and what is working well for me and determine how I can improve. Also, assess what does not add value and eliminate it.
  • Stay with low risk, probability based methods.
  • Every trade I take requires a one page description of why, how, and at what levels I intend to take action.
  • Paper trade new ideas before putting real money at risk.
  • Study and read more, establish a trading plan, follow the plan, experiment, re-evaluate and keep learning.
  • I resolve to improve myself by: managing my emotions better, become more patient and understanding, define my goals more completely, and constantly review my efforts to these accords.
  • My resolution would be to trade/invest during all market conditions. Emotion still has some control over my investments.
  • Work on consistency!! (more…)
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