One of the great challenges of trading is that it requires intense and singular concentration on markets, but also an equal focus on one’s performance in those markets. That combination of market awareness and self-awareness enables traders to make the most of their “edges” in markets while also cultivating fresh sources of edge.
It is interesting that very successful traders usually don’t achieve monetary success and then walk away from markets. That is because what drives them is not just the outcome, but also the process: the ongoing challenges of market mastery and self-mastery. Even after the money has been made, the game retains its appeal.
If your motivation is primarily to make money, you probably won’t get to the point of career success, because the inevitable periods of drawdown will sap whatever drive is present. When the motivation is mastery, losing periods provide fuel for reflection, learning, and improvement.
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rssPanasonic develops tomato-picking robot
Panasonic has developed a robot to harvest tomatoes, starting field tests with an eye toward eventual commercialization.
A miniature camera that captures more than 70,000 pixels is combined with an image sensor to identify ripe tomatoes by color. The robot picks them by the stem to avoid bruising and can work at times when humans are unavailable, such as at night.
When a basket fills up, the robot is notified wirelessly and automatically replaces it with an empty one. Yield and quality can be managed through data. The prototype can pick one tomato every 20 seconds or so, but Panasonic seeks to slash this to six seconds with improved sensors.
Panasonic has been applying its sensors and other technologies in the agricultural sector. It is making the jump to robotic farming at a time when Japanese farmers face a graying and shrinking workforce. The company is also considering using the machines at its own plant factories.