How You Think Is Everything
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When You Fear Making the “Wrong” Decision
Intro: Most people make fear -based decisions on Wall Street. Invariably, instead of avoiding losses, they attract them (b/c they are making emotional, not rational decisions). This is an interesting story but there are many parallels to trading. Replace Korea with your next buy/sell decision. “Fear is a natural reaction to moving closer to the…
Why Most People Lose Money In The Market- It’s human nature.
Immediate Gratification: Profits are a function of time. By definition any trade that is exited with a profit requires a certain element of time. The problem is that most people have a natural tendency to seek immediate gratification at the expense of long term gratification. That is why most people lose money on Wall Street….
How To Let Your Money Work For You
How To Let Your Money Work For You Money is a highly emotional and sensitive topic for most people. That’s why most people have a hard time consistently making money on Wall Street (primarily because they are making emotional, not rational, decisions). Two Schools Of Thought: Work For Your Money Or Have Your Money Work…
Bitcoin- Classic Stages Of A Bubble
Join Our Free Newsletter Classic Psychological Stages of A Bubble: You decide… Source & Full article here: http://www.forbes.com/sites/jessecolombo/2013/12/19/bitcoin-may-be-following-this-classic-bubble-stages-chart/
Fear & Greed Intro & 8 Practical Tips To Deal With Fear
Fear & Greed play a huge role in trading/investing. Every serious trader/investor should be very aware of their psyche. Here is an intro to fear and a few steps on how to deal with it. Conquer Your Market Based Fears, Ask About Our Consulting Service Here How To Deal With Fear? Identify & Quantify…
History may not repeat…..but it sure RHYMES
Few old headlines that are very similar to recent headlines: It’s a funny old World: 1989-1991: Housing and savings and loan crisis: Fed eases aggressively as economy enters deep recession 1992-1994: Existing financial architecture in Europe (ERM) blows apart 1995-1998: European convergence trade in both FX and Bond spreads keeps European currencies relatively stable vis a vis the…