Use These 3 Ways of Thinking to Cultivate a Money-Making Mindset.
Objectivity and Flexibility
The biggest obstacle that most investors and traders face is that they have certain biases and emotions that drive them to act. They do not effectively evaluate what is really going on in the market. They are far more focused on trying to predict the future rather than dealing with what is happening currently. They like to think that they have some special insight into what the market will do in the months ahead, but they are just gambling or guessing in most situations
Aggressiveness
The one area in my own trading that I focus on more than anything else is increasing my aggressiveness when I am right about a trade. Far too often, investors nail a very good opportunity but don't trade it large enough for it to really matter. On the other hand, when we are in a bad trade, there is often a tendency to compound the problem rather than get rid of it.
Optimism
In the stock market, pessimism always sounds smart. It is far easier to formulate a compelling argument for what will go wrong rather than what will go right, but the problem is that if you are always negative, then you will never really embrace a good opportunity. You will keep on looking for reasons why things won't work.
Here are some money-making ideas
1. Slash your energy bill.
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