Maybe they aren’t avoiding the content of feelings, maybe by tutoring certain styles and skill sets to their compendiums they’re in fact dealing with the emotional side of trading head on!
It’s well known that feelings produce a certain quantum of pleasure or displeasure. It’s also known that feelings are networked with mood, frame of mind, solicitations and heartstrings. The list goes on. So how do we as individualities develop a skill set to navigate these feelings in business in trading and in life?
Charles Darwin argued that feelings actually served a purpose for humans and rightfully so, If our feelings have been evolving for over 2 million times. Should we not be using these amazing chops to our advantage rather than placing blame on them for poor decision making? It’s my belief the poor decision timber has nothing to do with feelings and everything to do with shiftlessness and lack of planning.
A Assignment From One of the Greats!
I would be doing my compendiums a injustice if we didn’t mention the strategy of Warren Buffett. One of the most successful investors of our time. Warren Buffet stuck to his strategy and served greatly. Warren Buffett showed us just how important and salutary it’s to stick to a plan. When deciding whether or not to invest in a company himself, Buffett and his mates follow a many simple guidelines, one of which involves trying to determine the company’s life.
As the request becomes overwhelmed with rapacity, the same can be with fear. When stocks suffer large losses for a sustained period of time, the overall request can come more fearful of sustaining indeed further losses. But being too fearful can be a grave mistake. It’s precisely at this time successful investors and dealers likewise make their move. This is where the real plutocrat is made.
