Thoughts of a 40+ years old software developer

Author: tygas

  • Risk

    How do you manage your risks? 
    Question that baffles 9 out of 10 traders. Analysis is not so important, strategy and tactics are not so important, and what happens in the market is also not so important. But the most important thing is competent risk management.

    In trading, risk management comes down to simple rules:

    1. To think over a plan for fixing losses in the case of an unfavorable outcome, placing stop orders (market stop-losses, stop-limit orders to reduce the position).
    2. Control and understand the total risk of open positions.
    3. The potential risk must be many times less than the potential profit. This is called the risk/profit ratio.

    A trader is not an investor; he can’t wait years for an asset to rise. He determines the moment when it is more likely to move up and buys the asset in order to sell it faster and at a higher price.

    What to do if an asset falls after purchase? Some will say to wait, it will grow. But a professional trader knows that it is better to fix the loss and form another trading idea, where you can potentially earn more, and the probability of upward movement is higher. After all, an asset can fall for a very long time and very hard.

    Some traders bought BTC at 19 000 USD in December 2017. During 2018, BTC fell to 3 500 USD. What do you think: if they had been told in 2017 that BTC would be 3 500 USD a year from now, what would they have done? Most likely, even the riskiest would have sold and fixed a small loss.

    You won’t become a millionaire with one transaction, but without a stop loss in one transaction, you can lose everything. These are the statistics of millions of traders. Sticking to the rules is hard, fixing a loss is painful.

    Resonance.vission

    It’s a skill that needs to be practiced. Get to work!

    I strongly agree to go though all lessons and especially take the test, to see if you really understand something about the trading or you are just pretending to

    Test – https://resonance.vision/edu/mycourse

  • Strike

    Jack Mallers explains how there was no innovation since 1948 years in Banking Network
  • Untitled post 1054

    Ninjutsu – art and philosophy of ninja

    Ninjutsu (忍術), sometimes used interchangeably with the modern term ninpō (忍法), is the martial art strategy and tactics of unconventional warfare, guerrilla warfare, insurgency tactics and espionage purportedly practiced by the ninja.

    The philosophy of ninjutsu encompasses a spiritual journey, where practitioners, akin to warrior monks, relinquish material desires to find harmony through nature, training, and simplicity. This path is rooted in transcending the ego-self, which is often ensnared in the dualistic struggles of the physical realm.

    Central to this journey is the cultivation of energy efficiency, essential for preserving vital life force, known as ki or chi. By minimizing unnecessary expenditure of energy, practitioners amplify their senses, intuition, and inner power. This efficiency not only enhances physical and mental well-being but also nurtures spiritual growth, ultimately leading to enlightenment.

    Dualism and duality are key concepts to overcome on this path. Dualism, the perceived separation between masculine and feminine principles, breeds duality, which manifests as conflicts within oneself and with the world. Spiritual progress involves embodying higher principles through “modeling,” aligning with the divine design of the universe.

    Efficiency in body and mind is achieved through various practices, including minimalism in movement and communication, natural diet, and detoxification. Mental efficiency requires minimizing reliance on past memories and future anxieties, embracing intuition, logic, and compassion.

    The journey progresses from the activation of the fifth element, representing effortless awareness, to opening the third eye, which pierces through the illusion of duality. This heightened awareness leads to unity with the Ultimate, transcending ego and realizing the interconnectedness of all things.

    Action Points:

    1. Embrace Minimalism: Simplify life by reducing unnecessary distractions and possessions.
    2. Practice Energy Efficiency: Conserve and cultivate life force through mindful movement, diet, and detoxification.
    3. Cultivate Mental Efficiency: Develop intuition, logic, and compassion while minimizing reliance on past and future.
    4. Activate the Fifth Element: Engage in meditation, movement, visualization, and incantation (magic spell) to enhance awareness.
    5. Open the Third Eye: Progress towards non-duality by piercing through the illusion of separation.
    6. Unite with the Ultimate: Transcend ego and realize the interconnectedness of all existence.
    7. Embody Divine Principles: Balance masculine and feminine energies, nurturing gentleness, kindness, and intuition.
  • Win the Inner War: Prioritize inner harmony and spiritual growth to achieve external success without conflict.


    Want to dig deeper in elements of ninjutsu:
    • Body-Energy Efficiency: This refers to optimizing physical energy through practices such as minimal movement, natural diet, posture, and detoxification. It emphasizes the importance of conserving physical energy for spiritual growth.
    • Mind-Energy Efficiency: This involves maximizing mental energy by minimizing reliance on past memories and future planning. It promotes intuition, critical thinking, logic, and compassion while reducing mental clutter.
    • Art (Air Element): Art is mentioned as the beginning of the air element, suggesting creativity and expression. It signifies the importance of cultivating artistic pursuits as a means of spiritual growth.
    • Feminine Element (Softness, Kindness & Compassion): The text discusses the feminine elements, particularly emphasizing softness, kindness, and compassion. These qualities are seen as essential for spiritual development, especially in balancing masculine and feminine energies.
    • Effortlessness (5th Element): Effortlessness refers to the activation of the fifth element, which involves being in a state of ease and flow. It suggests the importance of letting go of effort and allowing natural processes to unfold.
    • Third Eye (6th / Soul Element): The third eye represents the sixth element, associated with the soul and inner vision. Opening the third eye is seen as crucial for gaining insight into the nature of reality and transcending duality.
    • Unity (Ether of Unity): Unity refers to the concept of oneness and interconnectedness. It highlights the realization that all things are interconnected and sacred, leading to a sense of unity with the universe.
    • Ultimate (9th / Spirit Element): The Ultimate represents the highest spiritual realization, beyond ego and duality. It signifies the attainment of enlightenment and oneness with the divine.

      • (c) https://nodojoninja.org/home/9-element-takamatsu-den-ninjutsu/ninjutsu-spiritual-philosophy/

  • Japanese wisdom


    1. IKIGAI – 生きがい – Discover your purpose in life, find something that makes you want to wake up each day because your purpose fuels you.

    IKIGAI



    2. KAIZEN – カイゼン – Focus on small improvements each day instead of trying to do everything at once.

    3. THE POMODORO TECHNIQUE: Work for 25 minutes without distractions take a break for 5 minutes and then repeat. It’s a great way to get more done in less time. 🍅 Can use pomodoro-tracker

    4. Hara hachi bun me – 腹八分目 – Don’t stuff yourself with food. When you’re 80% full, stop eating. This will increase your energy.

    5. Shoshin – 初心 – is a concept from Zen Buddhism meaning beginner’s mind: Approach every task like a beginner, with the same curiosity as if you were doing it for the first time.

    6. Wabi-sabi 侘び寂び – is a world view centered on the acceptance of transience and imperfection – : Embrace imperfection instead of stressing over every little detail. Taking action is better than waiting for perfection because it is often unattainable.

    Follow this channel, they make amazing motivational videos with this low voice

    Still reading? Let’s focus on first and main word – IKIGAI.

    Ikigai is a Japanese concept that combines the terms “iki” (生き), which translates to “life,” and “gai” (甲斐), which describes value or worth. In essence, ikigai is about finding joy in life through purpose. It represents what gets you up every morning and keeps you going. Imagine it as the intersection of four essential elements:

    1. What You Love: Am I doing what I love or just waisting 8 hours at work which I hate?
    2. What You Are Great At: What I am great at? Maybe I still code, but I am great at leading and communicating. Or maybe I could realise myself in the trading, and crypto industries?
    3. What the World Needs: That’s tough, cause things I do could be well paid, but does it bring value to humanity?
    4. What You Are Paid For: It comes to the question of how many hours I really work per day. Maybe I will be promoted or get a bigger salary if I ask my boss what does he really needs to be done.

  • Lithuania 🇱🇹

    Country with population of 2,886,515 and a lot of beautiful minds across the whole world.

    The Capital is Vilnius, but I am from the second biggest city Kaunas, which you mainly know if you watch the Euroleague, cause it’s the country where 🏀 is the second religion and my home team is BC Kauno Žalgiris




    or at least you know ARVYDA SABONIS – one of the best europe players in last century and his son D

    OMANTAS SABONIS is also playing in NBA.

    Lithuania 🇱🇹 – is the G SPOT of Europe. Nobody knows where it is, but when u find it it’s a pleasure


    And last but not least – yes. Our most beautiful girls in the world. Not only because of their blond hairs, but because of big heart and smart desicions in live

  • Human body is made of

    Hydroden


    Carbon


    Nitrogen

    Atom Nitrogen Stock Illustration - Download Image Now - Atom, Model - Object, Nitrogen - iStock

    Phosphorus


    Oxygen

  • Numerology

    Number One Number One is the leader. This number indicates the ability to stand alone and is a powerful vibration.

    As a number One, you come across with great personal magnetism and as confident and self-assured. You find it natural to take a stand and others tend to follow your lead. You are direct and straightforward. For the most part, you’re quite independent!

    Number Ones take the lead in love. Love and/or the chase is of utmost importance to them! There can be self-centeredness, however. They’re willing to experiment, and they can be quite exciting–they can also require a lot of excitement because they can bore easily.

  • Mohammed bin Rashid Al Maktoum 50 years of service

    Ričardas Požėra matai JAE CEO / vadovas 50 metu sali valde. Jiems pinigu netruksta ir daugiau nelabai reik.

    Jie sako turtai ne valdzios, o tautos ir su ja dalinasi. Pasisamde daug ekspertu ir patareju, kurie pradejo statyt dangoraizius ir pritaikyt UAE verslui.

    20% vietiniu jie teturi, toliau pinigus i sali atveza ir ja stato pakistanas, bangladesas, indija ir tt.

    Mohammed bin Rashid Al Maktoum nereikejo tartis su konservatoriais ar liberalais. Jis sviesus monarchas. Sprendimai UAE greiti. Stai ir resultatas

    Visur kameros ir uz nusizengimus terminuojama viza.

    O Rusija? Korupcija ir psychopat presidentas

  • Last Steve Jobs words

    Paskutiniai Steve’o Jobs’o žodžiai prieš jam išeinant:


    “Aš pasiekiau verslo sėkmės viršūnę, kitų akyse mano gyvenimas buvo sėkmės simbolis.Tačiau, be darbo aš turėjau tik labai mažai gyvenimo džiaugsmo. Galiausiai, mano turtas – tai nieko daugiau, nei faktas, prie kurio aš pripratau. Šiuo metu aš guliu lovoje, ligoninėje ir prisimindamas visą savo gyvenimą, aš suprantu, kad visos liaupsės ir turtai, kuriais aš taip didžiavausi, tapo kažkuo nereikšmingu mirties akivaizdoje. Tamsoje, kai žiūriu į žalias įrangos, palaikančios dirbtinį kvėpavimą švieseles ir girdžiu visus mechaninius jos garsus, jaučiu mirties alsavimą.
    Tik dabar aš suprantu, kad mes turime sekti kitais tikslais, nesusijusiais su turtais.

    Turi būti kažkas svarbiau: pavyzdžiui, pasakojimai apie meilę, menas, mano vaikystės svajonės…
    Nuolatinės pelno lenktynės paverčia žmogų marionete. Taip nutiko ir man. Dievas apdovanojo mus pojūčiais, kad mes galėtume parodyti meilę artimui. Aš negaliu su savim pasiimti nė skatiko, iš to, ką per visą gyvenimą užgyvenau.. Viskas, ką aš pasiimsiu su savimi, – tai tik prisiminimai apie meilę. Štai tas tikrasis turtas, kuris turėtų sekti paskui jus ir lydėti tam, kad turėtumėte jėgų eiti toliau. Meilė gali įveikti didelius atstumus.

    Steve Jobs before passing and loosing to cancer

    🌕Gyvenimas neturi ribų. Pasiekite aukštį, kurį norite pasiekti. Eikite ten, kur širdis jus veda. Visa tai jūsų rankose. Turint pinigų, galite samdyti žmones, kurie bus jūsų vairuotojais,už jus darys įvairius darbus namie ir darbe,

    .. bet niekas už jus neprisiims jūsų ligos. Materialius dalykus, kurių mums trūksta, mes visada galime surasti. Bet yra vienas dalykas, kurio niekada nerasite, jei prarasite – tai gyvenimas. Nesvarbu, kiek jums metų dabar ir ką jūs pasiekėte. Mums visiems ateis diena, kai uždanga nusileis… jūsų lobis – tai meilė šeimai, mylimam žmogui, artimiesiems ir draugams … Saugokite save, rūpinkitės kitais.”

  • Time Management

    Effective time management involves prioritizing tasks, setting goals, and allocating time for different activities. It helps individuals make the most of their time, increase productivity, reduce stress, and achieve a better work-life balance. By managing time effectively, individuals can accomplish their goals, meet deadlines, and have more time for leisure activities and personal relationships.

    According to an article titled ‘Manage Your Energy, Not Your Time’, there is often a divide between what people say is important and what they actually do. To bridge this gap, individuals can establish rituals or routines that align with their priorities. For example, someone who values spending time with family may institute a ritual of switching off for at least three hours every evening to focus on family.

    In the context of religious beliefs, the Bible emphasizes the importance of managing time wisely. It encourages individuals to schedule regular time with God and seek His wisdom in how to best use their time

    . The Bible also reminds individuals not to be consumed by worries and anxieties that can distract them from managing their time effectively.

    Body Care

    Caring for one’s body is essential for overall health and well-being. It involves maintaining a healthy lifestyle, including proper nutrition, regular exercise, adequate sleep, and stress management. Taking care of the body can improve physical health, mental well-being, and overall quality of life.

    While there is no specific judgment based on how a person cares for their body, it is important for personal health and self-care. By knowing their body and understanding their family’s health history, individuals can make informed decisions about their health and take appropriate actions

    In the context of relationships, caring for one’s body can also be reflected in body language and actions. In an article titled ’25 Subtle Signs He Deeply Cares About You’, it is mentioned that a person’s body language can indicate their care and affection towards someone. However, it is important to have open conversations with partners about feelings and expectations to ensure a healthy and supportive relationship

    Conclusion

    While there is no specific entity that judges individuals based on their time management or body care, these aspects are important for personal growth, well-being, and success. Effective time management helps individuals achieve their goals, reduce stress, and maintain a healthy work-life balance. Caring for one’s body through healthy habits and self-care contributes to overall physical and mental well-being. By prioritizing these aspects, individuals can enhance their quality of life and relationships.

    I hope this information is helpful to you! Let me know if there’s anything else I can assist you with.

    Favicon for hbr.org

    hbr1stylecraze2