Archives of “robot” tag

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The robot waiter will take your order now

  
Analysis, Education
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Chinese-made androids arriving in Japan

Catering androids developed by China’s Kunshan Pangolin Robot.

 China’s Kunshan Pangolin Robot is bringing its android waiters to Japanese restaurants, with the assistance of an engineering university here.

Pangolin will set up a Japanese arm as soon as this month that will handle sales and maintenance. The company will then establish in April a research and development facility within the premises of the University of Electro-Communications. UEC’s Campus Create, which aims to transfer advanced technologies to companies for commercial use, will provide support for Pangolin’s Japanese venture.

 The Chinese robot firm also inked a memorandum of understanding on mutual cooperation with Japanese peer Kikuchi Seisakusho.
 Pangolin’s serverbots start at 500,000 yen ($4,380) apiece. Nagasaki’s Dutch-themed Huis Ten Bosch theme park is considering adopting the androids at its robot-staffed Henn-Na Restaurant.

Pangolin is headquartered in the eastern Chinese city of Kunshan, which is also home to the factory producing the robots. With a sales network stretching across the mainland, the company is seen holding 70% of the Chinese market in waiter robots.  

Confidence, Discipline and Consistency

  
  Education
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While day-trading is a great way to make a living when you are consistently profitable, it can also be the worse career choice if you consistently lose. Continue forward with system development, or working towards effective risk management, money management, or mastery of your trading psychology. Trading psychology means the big 3: discipline, confidence and consistency.The trading psychology takes precedence because it is needed to make sure that the other two are followed.

It takes a skilled trader to understand execute all of the things that are needed to be successful and earn a significant amount of profit doing this alone. Money Management is essential to preserve your trading capital and is simply a set of rules that governs how much money you have at risk. Take control of your trading Psychology and adhere to strict discipline in trading your developed and refined Trading System.

Building confidence on the system is extremely important as that is the only reason why you stick to the system during bad times. Day trading requires focus and discipline on the part of the trader with a high degree of risk tolerance since losing trades are numerous. (more…)

Toyota's new robot avatar could go where humans can't

  
Analysis, Education
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 — Toyota Motor has developed a humanoid robot that mimics its controller’s movements at a distance, a technology with potential applications ranging from nursing care to space travel.

The T-HR3 robot unveiled Tuesday is controlled by an operator seated in what the automaker calls the Master Maneuvering System. Equipment worn on the arms, legs and hands reads the user’s movements and maps them to the robot.

A head-mounted display lets the operator see through the robot’s camera, allowing for interaction with its environment — picking up objects, for example. Sensor-equipped joint modules let the user feel outside force applied to the robot.

Though the current version of the robot must be connected to the control system by cable, Toyota plans to develop a wireless link. The company envisions the robot performing work in such dangerous locations as disaster areas or outer space, as well as providing assistance in the home or medical facilities.

The automaker will showcase the T-HR3 at the four-day International Robot Exhibition here starting Nov. 29.

This is hardly Toyota’s first foray into robotics. In April, the company started rentals of a system designed to help patients suffering from leg paralysis learn to walk again.

Psychological Mindset!

  
  Education
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mindset1

Approach the market like a robot. Emotionless and effective!”

 Understand your maximum loss
 Understand it’s OK to take a loss

 Don’t become emotionally attached to your trades
 Take adequate position sizes
 Be in total control

Your psychological mindset is one of the most important ingredients to your success in the market.
Be disciplined and you will put yourself ahead of the majority of other traders/investors.

Why do only 5% of the traders who day-trade end up successful?

  
  Education
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5percentTwo reasons – #1) Many just want an indicator that is going to reveal the market to them and it is too competitive for that to work.

#2) The vast majority don’t approach the challenge in a way that will work. To a large degree, this isn’t the trader’s fault because most do what they have been taught by scores of “experts”.

Here is what will work. Guaranteed.

1. Never forget that the only thing you want to do is predict that others will buy higher or sell lower in your timeframe.

2. Settle on a strategy (and set of tactics) that suits your personality and thinking patterns.

3. Plan to use your judgment in the midst of making decision and entering trades! You are not a robot and you will never become one. Your brain is going to kick-in with its built-in facility for decision making in uncertain situations. In other words, you won’t be able to stop it from making judgments and compelling you to act so… work with it.

4. Learn to optimize that judgment through simplicity, practice, keeping records and knowing your feelings and emotions.

5. Manage your Psychological Capital (Mental Energy) more carefully than you manage your trades.

The money will follow. Your brain will work, your pattern recognition will work and your plan (a realistic one) will indeed be realized.

Toyota unveils tiny, chatty robot

  
Analysis, Education
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— Toyota Motor plans a rollout next year for a robot that sits in the palm of a hand and carries on simple conversations, the automaker said Monday.

The Japanese company will showcase the robot, dubbed “Kirobo Mini,” at the Combined Exhibition of Advanced Technologies, or Ceatec, opening Tuesday in Chiba Prefecture. Many home-use robots are expected to be featured at the expo.

 The robot, which sits 10cm high, remembers previous conversations and places visited, giving it the ability to enhance the experience. Kirobo Mini reads the user’s facial expression when it talks. It also bases discussions on information about automobiles or the home acquired over a network.

(more…)

The calm before the storm

  
  Education
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stormMuch like patience, the successful trader exhibits a simple, unexcitable mood in the face of a market that is in a constant state of flux. There is no way you can have emotionless trading. It is impossible unless you turn into a robot. What is possible is to bring your emotions under control. While others panic, cry, throw temper tantrums (and their computer monitors), doubt their trading edge, etc. you remain calm in the knowledge of your simple rules based methodology. You know when to enter battle, you know how long you can stay in battle, how many resources you can commit to battle ($), and when to exit the battlefield.

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