Mind Matters
Assess Youself
I thought I’d take a different spin on posting today and provide you statistical junkies with all sorts of on-line assessments so that you can “find” yourself and maybe help some of you with your … um … issues!
No mumbo-jumo this week so let’s just cut to the chase and let’s have ourselves some fun!! [...]
Herd Instinct – Results of a Personal Poll
For about a month, during my rounds of Jakarta, Penang, Kuala Lumpur and here in Singapore, I have been taking a poll on what people are and have been trading as well as their results after periods of a year and more. The unofficial results did not surprise me but what was noticeable was the [...]
Motivational & Inspirational
In response to my posting on “Perceptions and Expectations”, my friend, G.M. Teoh sent this lovely story to me …
When things in your life seem almost too much to handle, when 24 hours in a day are not enough, remember the The Mayonnaise Jar and 2 Cups of Coffee.
A professor stood before his philosophy class and [...]
Sooner Rather Than Later
You enter a trade. It goes well for the first few moments. Then without warning, it turns and goes the wrong way! Horror of horrors! Now in the heat of the moment, you battle your wits for the best decision to make as the trade gets worse … cut now? … or wait a while [...]
The Advantage of an Opinion
Over the last few weeks, I observed a disturbing trend amongst my traders and found that these “troubled” traders had a common problem (even amongst my seasoned and better Scalpers). This is a very familiar problem to which I had a simple solution. It was a psychological problem that was opening up a weakness in [...]
Personality Tips To Improve Your Trades
PERSONALITY TIPS TO IMPROVE YOUR TRADES
Note that the title is not Personal Tips but Personality Tips. This is how you can improve your trades by identifying your personal traits that can either compromise or improve or trading results.
1.    Learn To Save
The simple task of saving can be the difference between why a trader succeeds [...]
Choices
How many times have you heard someone lament about “his lot in life” or that “fate dealt an unfair hand”? How many times have you been guilty of it yourself? How often do you hear about people resigning themselves to their “destiny” of mediocrity and strife? Most commonly, I am sure all of us have [...]
Trade to Trade Well
In an episode of the TV Reality Series, “Fear Factor”, a seemingly dumb-blonde-Barbie-Doll-like babe made it to the last round for a shot at the $50′000 prize. She got there not because she qualified for it. In the first round, a hunk of a guy made a mistake and got the boot and in the [...]
Holding On To A Lost Cause
It boggles my mind how people, like in their personal lives, would hang on to a losing position in spite of knowing the obvious; that it is a lost cause.
Holding a losing position represents;
Procrastination
Denial
Greed
Lack of Self Confidence
False Hope
Fear of the Unknown/Future
The act of taking too long to react to a losing position is translated as [...]
Keep It Simple
I think I’m blessed. Well, if I’m not, then I’d have to be realistic and brag about my ability to pick up a book and soak it up like a sponge. But the truth is, I am eternally grateful to the Man for blessing me with this gift of learning. And not just a gift [...]
