Importance of discipline in trading

Having discipline in trading is the most important factor for success. anyone can learn or copy the best strategy in the world and make money at the initial stages. but without a disciplined mindset, no one can win trading in the long term. In fact, he loses more than what he earned in the initial stages. A successful trader is one who masters discipline even with modest strategy

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Do not get left behind

This is a promising stage of the ongoing internet revolution. Internet created its own parallel version which recurs the excitement and suspicion towards it. Internet was the funniest and craziest thing to joke about at its initial stage. The laggards thought people talking internet seriously as dumb lunatic people, fool enough in to believe in an unrealistic world. They couldn’t sort out a successful career without participating in oil industries which is already boomed back then. They saw the substantial increase in automotive industry and found its stock price peaking up. No way to avoid this fortune. Yet people tried different in a non existing world. They went with their belief and vision. They were so keen about where the attention is drifting and well migrated to internet . It’s not just few people who made billions from internet, there are many. Regardless of the industry there happened a great departure. And those who were suspicious about were forced to depart or to quit. It

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 proble

Marketing Placebo Effect

The marketing placebo effect is popular among marketers. It is by tricking the consumer to buy products by carving a need in them. It is not just filling the void. It is creating and then filling the void. Almost all the product costs a way lot more than the actual cost. In exchange for the sensational feeling left by the advertising, the consumer feels the same feeling while using it. This is the placebo effect. Although the product is not as good as what we found in the ads, the power of advertising makes it so. The prime example is the coco-cola. Everyone from the creator to the consumer knows that it is a toxic drink, the annual revenue is growing in a rapid manner and they made a 17% increase in the total revenue in YoY from FY20. The marketing placebo effect is, in most cases, good for the company and awful for the customer.

How problem arise?

There is no permanent ending to any war. People always find a tribe and make the move to be superior. This desire for power creates every problem.

Target within your limit

Keep every target within a limit so that whatever goes wrong you'll achieve it. If you want to do more, take it as a bonus. But do make the target within your limit of achievable will.

Adapting and wrong implementing

Adaptation of the new way of life just made the world better place to communicate. I’m not sure with these all amazing technology the world became a better place. Because better is a relative word. Of course the world got better at communication, transportation, lifestyle and availability of information. On the other side it did made some of it worse. The scenario that needs necessary attention is to the earth itself. Climate worsened, pollution peaked, diseases begun proliferating rapidly, manipulation, suicide attempts and many such things. Certainly technology never intended to bring evil to the world. But when it reached the wrong hands, technology became a personal tool to personal gain, totally neglecting the core principle of making the world a better place. So it’s not wise to say that world became a better place in first place. Since it’s a relative phrase it would be more acceptable when said accurately. Technology did more deed than evil and it ethics perfectly align wit

Insanely Practical

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