Not exact matches
Also, make no
mistake: A simple «sorry,» sincere or not, is not enough to make up for the
emotional trauma that victims
of sexual harassment and abuse have suffered.
We also know a lack
of sleep can wreak havoc on productivity, causing us to be less attentive, make more
mistakes, process information more slowly, miss or misinterpret social and
emotional cues and impair decision - making.
[01:10] Introduction [02:45] James welcomes Tony to the podcast [03:35] Tony's leap year birthday [04:15] Unshakeable delivers the specific facts you need to know [04:45] What James learned from Unshakeable [05:25] Most people panic when the stock market drops [05:45] Getting rid
of your fear
of investing [06:15] Last January was the worst opening, but it was a correction [06:45] You are losing money when you sell on corrections [06:55] Bear markets come every 5 years on average [07:10] The greatest opportunity for a millennial [07:40] Waiting for corrections to invest [08:05] Warren Buffet's advice for investors [08:55] If you miss the top 10 trading days a year... [09:25] Three different investor scenarios over a 20 year period [10:40] The best trading days come after the worst [11:45] Investing in the current world [12:05] What Clinton and Bush think
of the current situation [12:45] The office is far bigger than the occupant [13:35] Information helps reduce fear [14:25] James's story
of the billionaire upset over another's wealth [14:45] What money really is [15:05] The story
of Adolphe Merkle [16:05] The story
of Chuck Feeney [16:55] The importance
of the right mindset [17:15] What fuels Tony [19:15] Find something you care about more than yourself [20:25] Make your mission to surround yourself with the right people [21:25] Suffering made Tony hungry for more [23:25] By feeding his mind, Tony found strength [24:15] Great ideas don't interrupt you, you have to pursue them [25:05] Never - ending hunger is what matters [25:25] Richard Branson is the epitome
of hunger and drive [25:40] Hunger is the common denominator [26:30] What you can do starting right now [26:55] Success leaves clues [28:10] What it means to take massive action [28:30] Taking action commits you to following through [29:40] If you do nothing you'll learn nothing [30:20] There must be an
emotional purpose behind what you're doing [30:40] How does Tony ignite creativity in his own life [32:00] «How is not as important as «why» [32:40] What and why unleash the psyche [33:25] Breaking the habit
of focusing on «how» [35:50] Deep Practice [35:10] Your desired outcome will determine your action [36:00] The difference between «what» and «why» [37:00] Learning how to chunk and group [37:40] Don't
mistake movement for achievement [38:30] Tony doesn't negotiate with his mind [39:30] Change your thoughts and change your biochemistry [40:00] The bad habit
of being stressed [40:40] Beautiful and suffering states [41:50] The most important decision is to live in a beautiful state no matter what [42:40] Consciously decide to take yourself out
of suffering [43:40] Focus on appreciation, joy and love [44:30] Step out
of suffering and find the solution [45:00] Dealing with mercury poisoning [45:40] Tony's process for stepping out
of suffering [46:10] Stop identifying with thoughts — they aren't yours [47:40] Trade your expectations for appreciation [50:00] The key to life — gratitude [51:40] What is freedom for you?
Of course, he does not have to use Bitcoin's price as his metric for its success, but if he celebrates it dropping as a sign of its death, it is an embarrassingly emotional and childish mistake to not then step back and admit he was wrong when the price rebound
Of course, he does not have to use Bitcoin's price as his metric for its success, but if he celebrates it dropping as a sign
of its death, it is an embarrassingly emotional and childish mistake to not then step back and admit he was wrong when the price rebound
of its death, it is an embarrassingly
emotional and childish
mistake to not then step back and admit he was wrong when the price rebounds.
If we do, the negative
emotional impact
of our
mistakes will fade over time.
Individualism, remember, is, according to Tocqueville, a kind
of heart disease, an
emotional withdrawal into the confines
of one's own puny self based on the
mistaken judgment that both love and hate are more trouble than they're worth.
Turning away from orthodox Christianity because
of the
emotional excesses
of frontier evangelism, he found it easier as a young man to accept what was called the Doctrine
of Necessity, which he defined as the belief â $ ˜that the human mind is impelled to action, or held in rest by some power, over which the mind itself has no control.â $ ™ Later, he frequently quoted to his partner, William H. Herndon, the lines for Hamlet: â $ ˜Thereâ $ ™ s a divinity that shapes our ends, rough â $ «hew them how he will.â $ ™ â $ œFrom Lincolnâ $ ™ s fatalism derived some
of his most lovable traits: his compassion, his tolerance, his willingness to overlook
mistakes.
Finally, the writer [apparently] operates on the
mistaken view that if we can only get at least 51 percent
of the voting populace to be swayed sufficiently by our coalesced, power structure,
emotional appeals, and biblical truth (used only where it will work), then we can pass laws outlawing abortion.
I'm
emotional and this game doesn't allow us to make lots
of mistakes because we are punished for that.»
How to Use Our
Mistakes, Fears and Anger to Raise Kids with Big Hearts,
Emotional Security, and Inner Resilience, with author Lu Hanessian, Founder
of Parent2ParentU
API Live — The Gift
of Being a Flawed Parent: How to Use Our
Mistakes, Fears and Anger to Raise Kids with Big Hearts,
Emotional Security, and Inner Resilience, with author Lu Hanessian, Founder
of Parent2ParentU Have we got a teleseminar for you!
The Gentle Parenting Workshop 2 walks you through five stages
of healing and
emotional freedom, including multiple action steps for you to take along the way from making the decision to change to identifying your triggers to forgiving your own
mistakes of the past to coping when life hits hard.
«The result should not be dismissed as an
emotional spasm or a
mistake by the electors
of Bradford, but as a very clear repudiation
of the local power structure and the way that national politics is conducted.»
It's all too easy to make
mistakes when you're
emotional about the rigged teachers» contract by an incompetent Board
of Education majority who sold out the school district as payback to teacher's union leader Phil Rumore for his election support.
If you're making more
mistakes than usual, you're avoiding going into lab, or your anxieties are causing such
emotional distress that your sleep and relationships are impacted, for instance, it's time to start making use
of the resources your institution has to offer.
It's easy to
mistake a panic attack for a heart attack when the underlying
emotional trigger is happening outside
of your conscious awareness.
Make no
mistake, the Ironman requires physical training but the
emotional component
of an event like this is undeniable.
Luckily, they're already well aware
of any
emotional baggage, and can take steps to ensure they don't make the same
mistakes your ex-partners might have.
Many dating app users make a
mistake of messaging back and forth and creating an
emotional connection online before meeting in person.
How to write a perfect profile, how to choose appropriate men, 5 critical questions to ask a first date to determine the viability
of a second, how a basic
emotional vocabulary helps resolve dating problems, why trust and vulnerability begin on a first date, and why typecasting dates is a major
mistake.
A raft
of fine actors — including Amy Adams, Richard Jenkins, and Downton Abbey's Jessica Brown Findlay — are wasted in a sour, callow family drama that
mistakes constant yelling for
emotional tension and fortune - cookie aphorisms for wisdom.
But there could be no
mistaking The Rider for a veiled documentary: Zhao's sense
of lyricism and
emotional rhythm is all her own.
But to
mistake Garland's succession
of haunted - house - like spectacles as Acid: The Place would be missing out on so much
emotional work that he's doing.
But continuously rehasing the same conflicts over the course
of several years, without learning from their
mistakes, can ultimately hold people back from reaching their true
emotional potential.
A case
of mistaken identity leads to hilarious results; then
mistaken motivations result in an
emotional reunion.
Make no
mistake, it's her film through and through, and she carries the innumerable tons
of emotional weight on her slender shoulders like a seasoned acting veteran.
Embodied Cognition and the
Emotional Rudder sums up the findings that it is a
mistake to undervalue the role
of the body and feelings to enhance learning.
My
mistake was in underestimating the
emotional force
of a song you have already hear a thousand times.
This may sound a bit «fluffy», but it really is rooted in logic; if you make mastering your chosen trading strategy your all - consuming desire, instead
of making money, you will naturally reduce the probability
of committing
emotional trading
mistakes because you will not be focused on money (focusing on money induces
emotional trading).
Most traders lose money because they make
emotional trading
mistakes; this is something most all
of us can agree on.
Since we are human, we are all susceptible to the same types
of emotional trading
mistakes, and the ones I've discussed in today's lesson are the most common.
Simplicity is one
of the keys to forex trading success, it is very important to keep your technical trading strategy simple in design and implementation, because over-complicating your trading is a sure - fire way to begin committing
emotional trading
mistakes.
Your trading plan, daily trading routine, guide or whatever you want to call it, is essentially where every component
of your trading is aggregated into a cohesive, comprehensive, yet concise and practical plan
of action that should be thought
of as the first defense layer against
emotional trading
mistakes.
In my small unique book «The small stock trader» I also had more detailed overview
of tens
of stock trading
mistakes (http://thesmallstocktrader.wordpress.com/2012/06/25/stock-day-trading-mistakessinceserrors-that-cause-90-
of-stock-traders-lose-money/): • EGO (thinking you are a walking think tank, not accepting and learning from you
mistakes, etc.) • Lack
of passion and entering into stock trading with unrealistic expectations about the learning time and performance, without realizing that it often takes 4 - 5 years to learn how it works and that even +50 % annual performance in the long run is very good • Poor self - esteem / self - knowledge • Lack
of focus • Not working ward enough and treating your stock trading as a hobby instead
of a small business • Lack
of knowledge and experience • Trying to imitate others instead
of developing your unique stock trading philosophy that suits best to your personality • Listening to others instead
of doing your own research • Lack
of recordkeeping • Overanalyzing and overcomplicating things (Zen - like simplicity is the key) • Lack
of flexibility to adapt to the always / quick - changing stock market • Lack
of patience to learn stock trading properly, wait to enter into the positions and let the winners run (inpatience results in overtrading, which in turn results in high transaction costs) • Lack
of stock trading plan that defines your goals, entry / exit points, etc. • Lack
of risk management rules on stop losses, position sizing, leverage, diversification, etc. • Lack
of discipline to stick to your stock trading plan and risk management rules • Getting
emotional (fear, greed, hope, revenge, regret, bragging, getting overconfident after big wins, sheep - like crowd - following behavior, etc.) • Not knowing and understanding the competition • Not knowing the catalysts that trigger stock price changes • Averaging down (adding to losers instead
of adding to winners) • Putting your stock trading capital in 1 - 2 or more than 6 - 7 stocks instead
of diversifying into about 5 stocks • Bottom / top fishing • Not understanding the specifics
of short selling • Missing this market / industry / stock connection, the big picture, and only focusing on the specific stocks • Trying to predict the market / economy instead
of just listening to it and going against the trend instead
of following it
So, while this method
of money management will allow you to risk small amounts on each trade, and therefore theoretically limit your
emotional trading
mistakes, most people simply do not have the patience to risk 1 or 2 % per trade on their relatively small trading accounts, it will eventually lead to over-trading which is about the worst thing you can do for your bottom line.
Whatever you do, do not get greedy and trade too large or over-leverage on a smaller account, this is a common
emotional trading
mistake and it will kill your trading account faster than you think and greatly inhibit your chances
of becoming a successful trader.
Being
emotional is the biggest
mistake that an intraday trader can make and is certainly one
of those most crucial Intraday Trading Rules that one must take care
of.
Furthermore, many traders get analysis - paralysis, this occurs when a trader tries to analyze so many market variables that they exhaust themselves to the point
of making silly
emotional trading
mistakes.
This leads to fear, greed and all kinds
of emotional trading
mistakes.
Nial you just said it all, in this one line «It only takes one slip - up
of your discipline to start an
emotional snowball
of trading
mistakes.»
It only takes one slip - up
of your discipline to start an
emotional snowball
of trading
mistakes.
Most beginning traders want to make money so badly in the market that they inevitably commit
emotional trading
mistakes, which ironically pushes them further away from their goal
of making consistent money in the markets.
Any one
of the trading
mistakes listed in this article can induce
emotional trading, and once you begin trading emotionally it is extremely difficult to pull yourself out
of its grips because it is a psychologically reinforcing problem that traders simply can not shake unless they totally stop trading for a period
of time and take a step back to think logically about what they are doing.
If you truly manage your risk effectively on every trade, you aren't going to make a lot
of money really fast, and if you don't manage your risk effectively on every trade, you might get lucky and hit some big winners, but ultimately you will give it all back in an
emotional tailspin
of trading
mistakes.
You can probably guess what results from the combining
of numerous opposing indicators all over your charts; a heap
of confusion and mess that causes second - guessing, doubt, over-trading, over-leveraging, and every other
emotional trading
mistake you can imagine.
As you'll see in this article, the performance
of the SMI strategies, properly combined, has been such that any marginal benefit gained from timing isn't worth the significant
emotional toll, not to mention the high probability that a person will make some
mistakes identifying appropriate exit and re-entry points.
He is an excellent guide that leaves me in full control
of my assets and eliminates
emotional trading
mistakes.
Most trade management
mistakes are a result
of emotional decisions.
Filed Under: Daily Investing Tip Tagged With:
emotional investing, Investing
Mistakes, Investing Success Editorial Disclaimer: Opinions expressed here are author's alone, not those
of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any
of these entities.
In this article, we'll discuss how to establish your risk tolerance to avoid one
of the biggest
mistakes when it comes to investing: making
emotional decisions!