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Showing posts sorted by relevance for query free-webinar-this-thursday. Sort by date Show all posts

Sunday, December 9, 2018

Info!! A Powerful Technique For Changing Your Trading Psychology

From an evolutionary perspective, it makes sense that nosotros brand complex behaviors automatic.  Once nosotros tin perform tasks mindlessly, nosotros tin instantly our hear to to a greater extent than immediate, pressing matters.  This is how nosotros tin drive a machine as well as concord a meaningful conversation.  It's also how nosotros tin comport out morn routines without effort, allowing us to focus on plans for the 24-hour interval ahead.  Our mightiness to automatize activity greatly expands our compass of idea as well as action.

What happens, however, when our automatic routines no longer serve a useful purpose?  They rest every bit habit patterns as well as they are the activities, patterns, as well as behaviors we're most comfortable with.  Many of the problems nosotros human face upwardly inward life today reverberate the fact that we're living patterns inward the introduce that, at i time, had an adaptive value.  Now they convey negative consequences.

Consider the trader who hesitates earlier acting on a signal and, when he acts, does as well as thence inward pocket-sized size.  That designing of guide was business office of prudence during the trader's early on learning period.  It guaranteed that he didn't deed rashly as well as impulsively, as well as it kept losses small.  Now that the trader has learned as well as is showing profitability, the onetime prudent behaviors brand him opportunity averse.  Yesterday's solutions, carried frontward to a novel reality, boot the bucket today's problems.

To alter an onetime designing of thought, feeling, or action, nosotros receive got to hold upwardly willing to leave of absence our comfort zone.  That agency standing exterior our patterns as well as actively viewing them every bit problems.  At i fourth dimension inward the alcoholic's life, drinking was a agency of socializing as well as a tool for feeling better.  Fast frontward to the indicate of alcohol abuse, as well as at nowadays drinking is bringing negative consequences for work, health, as well as relationships.  Alcoholics who alter stance drinking every bit their problem, their enemy: they receive got the automatic designing as well as exercise guilt, disgust, as well as anger to find selection over how they recall as well as what they do.  Change begins when nosotros stance our problems every bit our problems

One of the most powerful alter techniques inward psychology is to receive got a designing that is interfering amongst your happiness, fulfillment, and/or success as well as actively rehearse that designing inward your mind--visualize it, experience it--while you lot remind yourself of all the ways that it has wound you.  Literally, you're bringing that designing to mind--maybe it's overtrading or trading every bit good small--and imagining how many times you've flushed coin downward the toilet, how many ways this work has stood inward the way of your success.

Can you lot imagine how angry you lot would boot the bucket if person hijacked your keyboard as well as screens as well as started placing random trades, losing you lot money?  Well, that is happening to you lot every fourth dimension your negative idea as well as guide patterns hijack your trading psychology.  Getting angry at those patterns is the kickoff footstep inward refusing to position amongst them.  It's a way of standing upwardly for the salubrious parts of ourselves as well as saying, "I'm non letting you lot hijack me!"

Visualizing onetime ways of thinking, feeling, as well as acting that at nowadays convey us hurting as well as allowing ourselves to fully experience all the disgust, guilt, remorse, as well as anger associated amongst the consequences of those patterns completely changes our trading psychology.  We no longer autumn into comfortable habits, because nosotros no longer experience comfortable amongst those habits.  We receive got turned them into enemies.  That is powerful.

This visualization as well as reframing is simply i event of a broader psychological strategy of mental rehearsal.  There are many other ways to exercise mental rehearsal to construct new, positive habit patterns as well as to reprogram emotional responses to situations.  This week's Forbes article looks at the scientific discipline behind mental rehearsal as well as ways inward which nosotros exercise this method to alter our lives.  It's amazing how, when nosotros alter our hear close our problems, nosotros really alter our minds.

Further Reading:


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Wednesday, March 4, 2020

Info!! High Yield, Depression Functioning In Addition To Other Marketplace Ideas

* Unyielding Yield Play - One dominion that's held consistently inward the recent marketplace is that reaching for yield has toll investors inward performance. I took a await at the FINRA data in addition to the numbers were eye-opening. Here are the advance/decline numbers this past times calendar week for bonds inward their investment degree index in addition to bonds inward their high-yield index (in parentheses):

Tuesday, Nov. 18th: 1611/1232 (347/639)
Monday, Nov. 17th: 1374/1422 (317/650)
Friday, Nov. 14th: 1540/1140 (401/555)
Thursday, Nov. 13th: 1379/1471 (360/631)
Wednesday, Nov. 12th: 1607/1390 (334/728)

As nosotros tin see, advancing bonds in addition to decliners accept been pretty fifty-fifty for the final 5 trading days amidst the investment degree issues. Decliners accept been ahead of advancers past times well-nigh 2:1 amidst the high-yield bonds, however.

Significantly, nosotros had 266 out of 3211 investment degree bonds traded on Tuesday brand fresh 52-week lows, less than 10% of the group. Among high-yield bonds, 285 of the 1118 bonds traded made novel annual lows, to a greater extent than than 25% of the group. Bond pricing is an fantabulous view gauge, when you lot consider that pricing is reflecting perceived odds of default.

* Twitter Update - You may accept noticed that I'm adding to a greater extent than weblog links to my Twitter posts; I'll also last tracking daily coin stream figures for the Dow, amongst about observations well-nigh stream numbers specific to marketplace sectors. Subscription to the Twitter postings is free, of course; you lot tin sign upwards on my Twitter page or merely rail the final 5 posts on the weblog nether "Twitter Trader".

* Blog Traffic - We hitting novel lows today; the marketplace was actually ugly throughout the session. Still, I'm non seeing the expansion of weblog traffic the agency I did during the Oct routs. Over the weekend, the numbers were to a greater extent than consistent amongst levels seen at marketplace tops, equally I noted inward a Twitter post. It's non a perfect measure, but it's held upwards pretty good during this catamenia of weakness.

* Free Webinar - Dave Mabe of StockTickr is speaking at the Las Vegas Traders Expo tomorrow, in addition to his verbalize on automated trading volition last webcast gratis of charge. Sweet.

* Lots of Good Reading - Fresh links from The Kirk Report, including a await at sector P/E ratios in addition to to a greater extent than problem ahead from derivatives.
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