How to Concur Your Quirks

How to Concur Your Quirks

How to Concur Your Quirks

We are all interested in a trouble free road to success, yet what we often fail to pay attention to is our psychological tendencies, habits and personal quirks that can sometimes interfere with our trading. The good news is that not all is lost and you can easily overcome these obstacles. The first step towards financial bliss is awareness. Being aware is half way to success.  

                    

The Bias Dilemma

Although we all like to think we receive and analyze data in a calculated neutral way, the human nature is a bit different than that. We often base our opinion on the media outlets we read, watch or listen to. The problem is that while we may think the final opinion is ours, it's the other way around. It is based on the bias opinion that we read. What we have to remember is that each story has two sides and you shouldn't rely on one source to shape your opinion.  

 

The “Dream” Mode

Traders often hold on to losses while selling their wins too soon. This comes as a result of fear to lose even more. The tendency here is to look for further risks in order to try and gain back the money that was lost.

Another problem is not having enough courage to step out of the “dream” mode. In order to succeed in trading and start working towards your goal, you have to stop settling for dreaming about money and start making money.

 

 

Now is the time to start trading! 

Open an account here and get a 20% Bonus!

 

 

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on email
Email

Recent .

Stock of the Week: Apple in huge demand, beats estimates by billions.

Stock of the Week: Apple in huge demand, beats estimates by billions. Apple beat estimates for quarterly earnings by billions of dollars. We look at …

Read More →
Stock of the week: Facebook makes CEO Mark Zuckerberg $8 billion in just one week!  

Stock of the week: Facebook makes CEO Mark Zuckerberg $8 billion in just one week!   It has been a momentous week for Facebook CEO Mark Zuckerberg who …

Read More →
Big Tech earnings roll in – Huge profits for Google, Microsoft and more! 

Huge profits for Google, Microsoft and more! Major big tech companies have released their quarterly earnings. We look at how some of the world’s biggest businesses performed so far this year!     Google, …

Read More →
MetaTrader 4 vs MetaTrader 5 – which is the better platform?
Bitcoin bounces back: Is buying the dip worth the risk?

Bitcoin bounces back: Is buying the dip worth the risk?  Bitcoin has recovered some of its losses following its fall from a record high of $65,000. Considering the crypto king’s astonishing performance in 2021, should …

Read More →
Oil summit: Waste of time
Oil market outlook: bumpy ride ahead?

2020 has been disastrous for the oil markets, however, it appears that oil has recovered most of its losses and is now hovering near pre-pandemic levels. In today’s article we will take a look at oil’s recent performance and explore the opportunities that may lie ahead.

Read More →
Dollar still on ten month lows while AUD gains
Stock Market Forecast: S&P 500, Dow Jones, NASDAQ Predictions and Analysis for 2021

With 2021 just around the corner, financial analysts are offering their outlook on where the stock market is headed in the coming year — and many of these experts are hoping for a bullish outcome. Read on.

Read More →
˄