Many swell minds convey said that Altruism is what
separates us human beings, from Animals.
Today I would similar to utter close Emotional Blackmail inwards stocks.
This is something really mutual amid today's traders.
And this happens when you lot are unable to follow your ain trading
plan on a specific stock, because of fearfulness of human relationship sabotage
- betwixt you lot together with the individual or people you lot convey engaged
with on the particular stock.
For example:
Karding together with I are friends. We bought FNI at 2.5 because at
that time we both believed It was a skillful buy. Several weeks later,
the stock slides downwards to 2.4. Karding says
"I'll concord kasi surebol dobol to this 2015."
Because Karding together with I are friends, I create upwards one's heed to disregard my trading
rules together with hold. H5N1 few months afterwards together with I discovery myself ipit at
the 1.90s with considerable losses.
I create non regret the determination because I believe that past times holding
the stuck, I convey kept our friendship bond strong.
Like a grouping of ants sinking...
And dying together.
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Emotional blackmail tin likewise live on that you lot harbor potent feelings of
loyalty to a individual that when you lot sell the stock the person
says he or she has, you lot regard this every bit an act
of betrayal towards that person.
For Example:
Ernie is a respectable guru. He has 1 of the best market
insights together with most of his stock picks become upwards considerably.
One day, I decided to purchase FED at 16. H5N1 few days later,
it rose upwards to 24 together with instead of selling, I decided to hold
because Ernie said
"LBC volition backdoor together with the nautical chart is good.
Not to lift the forrard turn a profit of the company.
Sit Tight!"
A few weeks later, FED died together with went dorsum to 15. You hold
despite the loss because you lot simply cannot betray your guru and
believe that your loyalty volition live on rewarded.
Like a minor manful individual spider attempting to mate
with a big woman individual dark widow.
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You simply don't know if it's worth it inwards the end. ---------------------------------------------------- |
But the worst form of Emotional Blackmail is the one
that does non boundary forth out of Altruism.
One that is deliberate.
Example:
I am a guru or a really influencial person. I convey many followers.
I shall purchase a stock together with after I convey had my fill, I volition hype
with all kinds of crap. I volition sell together with tell them I am still
holding fifty-fifty though I am not.
Why?
"Because my followers dear me."
Like The Assassin Bug that uses the bodies of its victims
as camouflage together with at the same time a trophy to attract
other bugs together with victims.
Always recall that inwards our markets,
It's swallow or live on eaten.
So run on things professional. Because past times the terminate of the day,
your port is yours lonely - non your friend's, and
definitely not your guru's.
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