Trade and decision

Holding a position while trading is to be identified as a testing period. An examination of the emotions. Emotions not only a barrier in trading but also the whole scenarios of life. It plays a crucial part in the molding of future. What it did to ourselves is the result of present situation. It only plays in forming the decision and that is the most important thing. Every minute we are deciding what to do, which minute we are crafting our future. If future seems vague, which is what happens for many people, it is because of the vague decisions they are making. For a person who makes decisions based on his will, he is capable of making his future like he wants. Taking control over decision has such a pivot game to play. That is the reason successful folks often known for making better decision at time. They are master in articulating the scenario and taking decision according to it.

This scenario can be largely visible among people who trade and invest. Better decision only comes with better knowledge. What they do instead makes everything worse. It is actually easy to fall in to thinking that the existing old pattern used to work would work here too. But it is not. The famous saying “what got you here never gets you there” defines everything. To make better decision we must be equipped with latest tools and learning from experience. By constantly apprising about the field in general would be great. Very few individuals do that and they are widely known as lifelong learners. Successful people are lifelong learners. They value learning like their heart companion. They often give advice to learn continuously. But the mediocre never listen and complain.

This is a global phenomenon and innate behavior ever since we were born.

Comments

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Insanely Practical

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