How You Think Is Everything
Similar Posts
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/
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….
Trading Math Part II – Don't Let Statistics Fool You
Risk vs. Reward Last week I wrote an article titled Trading Math and received quite a bit of positive response from it. The article discussed the importance of keeping your losses small and letting your winners run. This week, I want to follow up with a brief introduction to risk and reward in capital markets….
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…
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…
Why your emotional intelligence will make or break your business success
The same is true for trading/investing, not just business: Guest Post: Jan 2014 by Peter Shallard The entrepreneur stereotype has permanently changed. The old school business archetype is all about smooth talking, pinstripe-suited, cigar smoking, deal brokering, power tycoons. These captains of industry weren’t afraid to scream at subordinates, drown their sorrows in mid-afternoon whiskey…
