How to Make More Money Trading by Simplifying Your Decisions
★ SUMMARY ★
First I want to compare what is going on with today’s human behavior versus the 1920’s or 1800’s. In the 1800’s things were a lot simpler, life moved a lot slower when it comes to human behavior. In today’s world things have become much more complicated and simply busy.
I have several of those friends who will just go out and spent fifteen minutes on one task, five to ten on another and they are constantly interrupted by their phone. Things are constantly being imputed into their minds then they have 15 or 20 or even 40 tasks that need to be done and none of them are complete.
This will eventually create stress because you have all of these tasks that need to be completed and you don’t feel like you are accomplishing anything and you don’t feel productive. This will lead to an overload which is similar to what a computer system does when you overload it with hundreds of browser tabs or a lot of different software. The computer will freeze and that is what happens with our brains when we start taking on so many different things and trying to make so many different decisions, like the computer our brains get overwhelmed.
This is one of the reasons why IPads and phones do not allow to do multiple things at once or if you open up to many browser tabs the devices will tell you to close the tabs. This is also why you have different apps for things such as weather and social media but they are usually processing one thing at a time and that is what creates a little more stability in those types of devices.
Posted at: http://tradersfly.com/2014/06/make-money-trading-simplifying-decisions/
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random question who here use finviz and use group sector does it help :/
Just Curious…. How do you manage your own meals? do you cook by yourself daily?
Great Lesson!
I love this video..very calming..thank you Sasha
Talking of simplicity, do you really need music competing with the voice in this clip!?
I like that shirt
Thank you.
how do you go about making a trading decision, what indicators do you use? are you more of a fundamentalist or chartist? did you do any video of a complete work through in analysis and trade of a particular stock from start to finish. A worked example is a great teacher
http://captaincapitalism.blogspot.com/2014/08/why-you-really-arent-investing-in-stock.html
Sasha – I thought this might be relevant
Thanks …….to you Sasha..
I always like to watch most of your videos..
Oh, by the way I told you that I liked those shirts!
Really like the way you think and teach Sasha
Excellent tips for simplifying our lives. Thanks!