Quotes of the Day

As a rough rule of thumb, many successful traders choose not to risk more than 0.5 to 1% of their trading capital on a single trade. This may seem pathetically low if you’re a big-betting novice trader, but keep betting big and some day soon you won’t be able to bet at all. [2019] - Glen Goodman

The Laws of Decompensation: 1st Axiom: Before--the components of a system are in dynamic balance; 1st Corollary: Conflicting elements are held together by function and purpose. 2nd Axiom: Decompensation is preceded by often-ignored warning signs; 2nd Corollary: During early destabilization, imbalance is assessable. 3rd Axiom: Last-straw principle: When threshold is exceeded, collapse occurs; 3rd Corollary: Recovery requires repair and stabilization of all elements. The laws of decompensation apply to many things in life that appear to happen slowly, even silently, then all of a sudden. (Such events even include dissimilar things like divorce and the failure of a business.) [2015] - Jamie Koufman

During the induction reflux diet, no eating is allowed within four hours of bed. It actually takes four hours for the stomach to empty completely. After the induction, the time between eating and recumbency (lying down) can be three hours. [2014] - Jamie Koufman

Apart from price itself, the most useful indicator is volume. Volume tends to peak on days when there is a major price reversal, it tells you there is probably a major changing of the guard going on: if the bulls (the positive crowd) were dominant, then the bears (the negative people) are now in charge, and vice-versa. Volume can also be useful in other situations. For example, when a chart has been quietly trending sideways for some time, a sudden breakout is usually accompanied by a large increase in trading volume. But if the volume doesn’t increase, the breakout will often not follow through and will turn out to be a false breakout. [2019] - Glen Goodman

The first generation of wearables (such as Jawbone UP, Fitbit tracker original, Fitbit Ultra, Fitbit Flex, and Misfit Shine) could, using motion sensors, roughly tell when someone was asleep or awake. However, the major problem was that you could be awake--but not moving--in the middle of the night, and the device would classify that as sleep. A new generation of sleep trackers that can record more aspects of your physiology, for example, skin temperature, skin conductance and heart rate. Some may, or will eventually, have the ability to detect changes in the pattern of heart beats, called heart rate variability. Such measures, in combination with motion sensors, could, in the future, potentially improve the identification not only sleep and wakefulness, but also distinguish light sleep (N1 an N2), REM, and deep sleep (N3). At this time, the testing of these devices indicates they're able to detect light sleep and REM but are not so good with deep sleep and wake. [2021] - Judith R. Davidson