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Other Added - Trading Psychology - Consecutive Losses AND The Trading Psychology Spiral
One thing that I think is important is to know that writing your ebook should not take forever. If you have been putting it off because you just do not have the time, think again. Let me share with you some numbers. First, let me ask, can you spare an hour a day? OK, assuming you can, can you write 4 pages a day? Yes? Then every week you can write 20 pages. You do the rest of the math.Here is how I do it:1) I decide what I want to write about.2) I list out everything that I know about the topic. Then I add in everything I think should be included even though I don’t know enough to write about it yet.3) I organize all of the things from 2) into an outline, then add in at least 5 points for every area I wanted to cover. By the way, I do all of this in Word, so that I can literally use this outline to begin writing with.4) I begin to write on the topics I already know enough about. Because I am doing this in Word, it doesn’t matt
WHAT is a Trading Psychology Spiral?
I think of a trading psychology spiral as the transition from trading losses that y
It sounds simple, but one of the keys to making a site easy to use is giving people a clear indication of where in the site they are now, have been previously, and should go next. This is the job of the website’s navigation elements.In previous years, the widespread consensus was that the main function of website navigation was to take visitors from your front page to the area of the site that they wanted to visit. However in today’s search engine dominated world wide web, this model is unlikely to be the most accurate.Overwhelmingly, visitors go directly to content-laden pages, lower down the navigation hierarchy, because these are the ones that search engines direct them to. From there, people will make a decision about whether to browse further, contact you directly, or leave the site. If your navigation design makes it difficult for people to move through the site, they will simply leave.This is the main reason why the use of frames has largely di
This time though, you will be real clever. You have noticed that the market is in a range, and it's the bounce from the low/retrace from the high that is causing all the problems. So this time, the next trade you take will be a range extreme fade AND the hell with your trading method. The market is at the range low, and per your new ‘on the fly’ trading plan, you go long. Instead of bouncing again, the range immediately breaks out to the downside. Not only does this give you consecutive loser 4, but the loss occurred from trading against one of your ‘best’ method trade setups, and becomes a trade which is giving enough profit to pay for the previous 3 losers, and make you net ahead.
Now what are you supposed to do – QUIT? AND to be sure that there is no more temptation – your throw your computer out the window, and dive out right behind it. You are in a trading psychology spiral.
WHAT is a Trading Psychology Spiral?
I think of a trading psychology spiral as the transition from trading losses that yo
Although you may not be a marketing guru, advertising can get your cleaning company noticed by potential customers. But before you spend any of your advertising dollars, decide on your target market. Finding your particular niche and directing your ad dollars to that area will be the most effective way to get clients calling and asking about your services and hopefully signing on as new customers.Start by setting an advertising budget. A general rule of thumb is to dedicate two to five percent of your expected gross sales to advertising. If you are expecting $150,000 in gross sales, set aside $3000 to $7500 for advertising. If you are just starting your cleaning business this may not be enough. You may need to spend more money running ads announcing your business so your potential clients know a new cleaning service is in town.Once you set your budget, decide where to advertise. For a cleaning business it makes no sense and would be a waste of your money to
This time though, you will be real clever. You have noticed that the market is in a range, and it's the bounce from the low/retrace from the high that is causing all the problems. So this time, the next trade you take will be a range extreme fade AND the hell with your trading method. The market is at the range low, and per your new ‘on the fly’ trading plan, you go long. Instead of bouncing again, the range immediately breaks out to the downside. Not only does this give you consecutive loser 4, but the loss occurred from trading against one of your ‘best’ method trade setups, and becomes a trade which is giving enough profit to pay for the previous 3 losers, and make you net ahead.
Now what are you supposed to do – QUIT? AND to be sure that there is no more temptation – your throw your computer out the window, and dive out right behind it. You are in a trading psychology spiral.
WHAT is a Trading Psychology Spiral?
I think of a trading psychology spiral as the transition from trading losses that y
Many people will have heard about identity theft in the media lately. Identity theft is a growing problem in the UK, having originated in the US. It involves stealing the personal information of an unsuspecting person and using this information to get access to their bank account or other funds such as their credit card. These days, so much of our financial system is computerised that it is very possible to get away with thousands of pounds of someone else’s money, especially if it is on a credit card, before anyone will notice what has happened.Most people will have a huge amount of funds available to them on their credit cards alone. In fact the average customer will often have as much as ten thousand pounds or more available to them instantly in the form of credit card debt. While most people would not wish to ever spend this much money on their credit card, it is available to them and if it were to be spent without their knowledge they would have a very hard time
Now what are you supposed to do – QUIT? AND to be sure that there is no more temptation – your throw your computer out the window, and dive out right behind it. You are in a trading psychology spiral.
WHAT is a Trading Psychology Spiral?
I think of a trading psychology spiral as the transition from trading losses that y
Here's a great idea that gave me an additional 33 new income generating web sites. I, as well as many of my associates, have reserved many specific domain names for later use. Usually these domain names are parked at the domain name registrar or web host doing no harm or good ... except generating someone else income and not me! You should have this income, it's your domain right?Have you ever checked one of your own domain names to find it parked at the web hosts or registar's parked page? They are making money from visitors to your domain name! I decided I was not going to let the web host provider take money I could have in my pocket. I set out to make my own income generating "parked" page.A parked page can made using a subdomain or one of your unused domains. Use either to make a nice income generating page.. I fixed mine up with a nice header that included the URL and a title that reads "this page parked courtesy of...", and then I added some affili
Now what are you supposed to do – QUIT? AND to be sure that there is no more temptation – your throw your computer out the window, and dive out right behind it. You are in a trading psychology spiral.
WHAT is a Trading Psychology Spiral?
I think of a trading psychology spiral as the transition from trading losses that y
Being able to buy things on credit has allowed Americans to own and enjoy things--often for years--without having to wait and pay cash for them. In that way, the concept of credit has been a boon to experiencing the American Dream. Unfortunately, there is also a dark side to credit--one that can turn the American Dream into a life-destroying nightmare.The figures are startling. More than 70 percent of American divorces are caused by the stress brought on by financial difficulties, and three out of every four Americans are a mere three paychecks away from having to face potential default on their debts.But how can this happen in the richest country in the world? The answer is simple: misuse of credit. In order not to become one of those depressing statistics, it's important that you become credit smart--long BEFORE you find yourself in financial difficulty over your head.Credit Card Debt CostsFirst, let's look at the nuts-and-bolts of what c
WHAT is a Trading Psychology Spiral?
I think of a trading psychology spiral as the transition from trading losses that you have accepted both as a part of your trading method, and as something that is inevitable in trading, into a surge of emotions that continually builds to a point where you can no longer accept anything. As this eventually ‘spirals’ out of control – trading method becomes completely ignored, and is then replaced by emotional responses and decisions for everything that is done. Even if quitting was really the only viable thing to do at the time, the trading psychology spiral can cause an emotional response where this isn’t even considered, until the situation becomes so desperate, that the trader can’t take it any longer AND does have to quit.
This isn’t a discussion about emotions and trading, and the various fears and issues that keeps a trader from trading to begin with; as we know, emotions are an inherent part of trading – you learn to control them OR you can’t trade. This is a discussion about emotions that are typically controlled well enough so that you ‘can’ trade, but then something happens where the trader loses that control, and their emotions spiral. A series of consecutive losing trades, especially those caused by deviating from the trading plan, are a root cause for this happe
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