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This chapter discusses the psychology and discipline of trading. Traders and investors are always struggling with the demons that denigrate performance or that cause loss of money. The best trading tools are useless in the hands of an undisciplined trader whereas a mediocre or 'ugly duckling' ...
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Summary Chapter Get PDF (501K) Keywords: Trading psychology; price; internal psychology; comprehension; confirmation; confidence; traders; market Summary This chapter explores trading psychology. There is nothing like looking out into a group of traders and tell a story and see the heads nodding, ...
The less money I owe on my credit cards, the less interest I’ll pay, and the more money I will have for me in the long run. Let’s say that instead of paying $121.87 in interest every month, I took a year’s worth of that interest ($121.87 x 12 months = $1,462.44) and ...
Money matters. For entering U.S. collegians, the number one life goal—surpassing “helping others in difficulty,”“raising a family,” and 17 other aspirations—is “being very well off financially.” In the most recent UCLA “American Freshman” survey, 82 percent rated being very well off...
In many ways, stress feels like a load you just can’t carry—a feeling you experience when, for example, you have to drive somewhere in a crippling blizzard, when you wake up late the morning of an important job interview, when you run out of money before the next pay period, and ...
What I “discovered” was that happiness is not something that happens. It is not the result of good fortune or random chance. It is not something that money can buy or power command. It does not depend on outside events, but, rather, on how we interpret them. Happiness, in fact, is...
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chapter 1 / lesson 1 Why Study Psychology? - Overview & Experiments 10,675,251 views Like this course Share Course Summary Psychology 101: Intro to Psychology (SDCM-0017) has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universiti...