Risks are calculated. All risk is a process of calculation and decision. When you are dabbling in the market, hauling the market as your only source of income, or coming into your glory, all your risks are assessed and then you make the final leap when you determine the appropriateness of that assessment. However, we are still human beings at the end of the day, with emotional fears, desires,...
Most of us were taught through a process of punishment or humiliation or both that mistakes are just a horrid and stupid thing to make. You should never make mistakes. Mistakes lead to bad grades, poor choices in friends, and of course, stupid life changing mistakes that might "affect" where you are headed. Mistakes can make us look as though we don't have two working brain cells in our heads,...
When you being day trading, you invest an enormous amount of time and energy investigating all kinds of trading strategies, new ideas, old ideas, and research. All of this time and energy can make you feel as though you are moving ahead and moving forward and as each day grows with new challenges and plans and thoughts, you feel one step closer to the goal.
So what happens after you place...
Lonely guys at the end of the bar, pathetically nursing their drinks and pretending to be more interested in the big screen that they can't hear are there for many reasons. If it's you, then you probably already know your reasons. If it's not you, then you know your reasons for not wanting to be there. Define, for the sake of that empty bar seat, what you want in this life and what you want...
Any overworked individual suffers over time. Their relationships decline, their friends forget to invite them along after being turned down repeatedly, and of course, their children realize that work is more important than them. Pretty sad when you put it all down on paper and look at it. Especially because the traders that enjoy what they do also maintain a life outside of trading. Being...
As a guy, I look at women with complete appreciation, desire, and clear and total confusion. Women are a delicate and delectable creation that makes a man want more while driving him away with fear and trepidation. Women, on the other hand, seem to be so well put together that if you asked any of them what they wanted, they would probably only have one answer, "Whatever they can't have."
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If day trading were as simple as chucking a couple thousand dollars into an account and starting your education the year before you could retire, every single person with access to $2,000 and a library would be day trading. It isn't a simple method of getting rich quick. It is either a hobby or a career, but you have to choose which one it is for you.
If you're willing to give yourself a...
Casual dating was once the way the social circles of the world worked. During the post-virginal era and before the eighties set in with commitment in the third grade, casual dating was more the norm. Of course, once the whole concept of "go with me" came about and guys were being asked for commitment prior to puberty, the idea of casual dating has taken a back seat. There is a lot to be gained...
The link between our reality today and our goals for tomorrow is motivation. Motivating ourselves to do what needs to be done and to stick to a realistic timeframe for completion of these goals is the main ingredient in a successful venture. Often we have wants, desires, and dreams but lack the motivation to get down to the nitty gritty in order to turn our desires into tomorrow's reality....
We live in a society that places a lot of value on having relationships, but very little value on maintaining strong and healthy relationships. Divorce rates have soared, and fewer couples even bother to get married to avoid the nastiness of divorce. Over all, the quality of relationships have spiraled downward, and so much of it comes right back to learning to talk to each other without...