Trading psychology

When it comes to trading the patterns play a huge role in reaping the reward. The reward for the risk is what each trader hopes for. Sometimes the risk shows its part by showing us the loss. But loss is just a part of the game. Whenever there occurs a loss we tend to go in full revenge mode burning all the rest of the money. We know that is a wrong approach, but we do it frequently. The reason is we don’t like being a loser. At least we need the money we put in. Forget about the profit and focus on the investment. But that is wrong and dangerous. Because markets work against psychology. An emotionally weak person always has a weak portfolio and a weak profit and loss statement. When you become a person with a rigid mentality and have the patience for the right time execution, then it is very much rewarding. That is why when we a good trader he is patient and well disciplined. Discipline is necessary since money is involved. An indisciplined person keeps liability more than an asset. He does what he thinks is right for him without proper knowledge.

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Business asteroids

Several million years ago asteroid in a size larger than the moon hit the earth and wiped most of the species leaving the dust particles to afloat. Since then, asteroid is identified as mostly a negative thing. In fact, many historians believe that that was the turning point to the second life of the planet. Generally, we could see people referring asteroid as capable of destroying anything. This true, but it is not complete. The sentence only fulfills the moral meaning when we add “and bringing the new world of new opportunities”. We would be survived if it hadn’t happened amid the dinosaurs. We must have gone extinct long before. It is common to assign asteroid anything that is about to wipe out the old and bring the new. The term Business asteroid got popular in the last two decades. Reason: we barely saw anything before. Like an actual asteroid it is perceived as wrong at its entry. Many people said it would not be a problem for them. Some sided with ´this i...

Making good decisions

Dealing with situations, when it won’t go as expected, is a skill that anyone can develop over time. Like any skill, it requires some effort and hard work. Most of the time people came to know about its value only after having gone through it multiple times. They fail initially at balancing the situation. More precisely, they fail at keeping their own mind in line. It is seen everywhere, but only a few people adjust to make an improvement in dealing with the problem. There are a lot of benefits to it. By handling the situation very clearly, we can refrain the circumstances from going bad to worse. It saves a lot of money and time, especially for a business. This is a part of good decision-making skills. Whenever we find a person who could outperform in dealing with harsh situations, if we scrutinize, we can observe his insane ability to make good decisions without an emotional influence. This is a skill that needs to be developed. Because no human in the world is free from pr...

Incompetence and communication

There is a strategy that is gaining its popularity at its peak within the last two decades is the mechanism of copycat. It is not new, but the copycat usage is at all time high. It took actually decades, in the early 90s and before, to actually copy the business model. There are multiple reasons behind that. The two most important ones are the lack of communication tools and incompetence. When a business model becomes successful, it rewards the owner and some of the partners. And their success only limits within their reach and there were no things such as viral marketing. If it had to spread, it must go through word of mouth. It is slow but powerful. Moreover, the business tycoons of that era were not ready to reveal their secret recipes. They themselves developed and applied to every venture. Whenever the organization became successful, they will reign the field, most probably forever. And people thinking of starting a business won't even think of starting one with a h...

Attachment and decisions

Attachment creates problems. The reason we feel lonely whenever outside of our comfort zone is the experience we are going through is new. When we go through something that we never went through before, we feel a kind of uncomfortableness. This uncomfortableness is resulting in the creation of new brain patterns. Brains neuron activates when we go through something new. The existing pattern when finds it difficult to work with. This is the exact reason why while the new patterns form, we feel insecure and frustrated. Sometimes it creates fear. The brain nature of fight or flee comes to action when we put ourselves in fear. Fear most of the time creates a fleeing sensation than fighting. Because fleeing is less risky than fighting. Your life is guaranteed when you flee. But fighting takes a lot of effort that maintains the required outcome. So if fighting is not a desirable option, the fleeing is the only left one. That is why we see some people easily setting their presence in the...

Rescheduling and thrashing

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Weekly analysis

It is really possible to outperform our past amount of output having a systematic plan. By sticking to a weekly plan is way more powerful and productive than the yearly plan. In case of scribing plan during particular year, it is a common phenomenon that people make less potential ones and moreover they tend to procrastinate. Procrastination here happens due to uncertainty. It is one of the highly leverage trigger for procrastination. In between the target and the presence, we could see a large gap of non-performance review. This means we never check the results and analyze the progress. All is left to the end and mod time is mostly wasted. It is a mistake not to fix this recurring occurrence. Having just a plan for this is year is same not having a plan. Every one knows after a year things won’t be the same. But our goal is to make the situation and lifestyle better than before. For this evaluation is inevitable. Having a progressive journal is both a reflection and motiva...

End of the day

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Branch of possibilities

Possibility can be defined as the things that are possible. This is by catagorizing the different number of outcomes. Each outcomes could be a possibility. Every results as a consequence of action leads to a possible outcome. The number of outcomes is different for different activities. There is a direct proportionality between the number of outcomes and number of decisions. A single trivial decision could lead to multiple results. And every choice has its consequence. Every product, experience,art and relationships are the stories of series of executed decision. If something doesn't work we can always review the chain of choices and could spot the wrong done. Atleast half of the chain might be good. But this chain of decisions turns out to be hard when the outcome wasn't as expected. The hardest part isn't the first or the last thread, but the millions of threads waiting to be knotted in the middle. This happens to everything. The decision we make have lot of impact. And e...

Influencing action

How the things we did in the past influences the present is a visible truth. Whenever we look and at our journey, we could observe that everything we did made us. It created the perception, the character, and the mindset. If you think you have this poor mediocre mindset, then it is the sole action that you did in the past. It is clearly visible. Even the small portion that is influential could be the highest impactful one. Even the pace of our breath contributed to the present feeling. The famous saying what brought you here won’t get you there is quite true. It is most certain hereby now that, like the things we did in the past influenced our present, the things we do now creates the future. Every bad and good action contributes equally to the development of character and mindset. It includes both physical and mental blows. Each contributes a well-structured lesson to make us lead ahead. We may not observe the actual contribution that now has on the future. Now coul...

One click away from a wave

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