Awareness of where you are likely to mess up

Discussion in 'Psychology' started by qlai, Nov 3, 2019.

  1. qlai

    qlai

    I liked this video so wanted to share. Nothing ground breaking, but some good lessons at the end to think about.

     
    MrKJoe, themickey and nooby_mcnoob like this.
  2. Mental health is so important.

    If I have a call with an accountant or lawyer, I just don't trade that day. Never know how it's going to go.
     
    murray t turtle likes this.
  3. Trader Curt

    Trader Curt

    If you're running a business and trying to trade and your business is more important than trading, then find a trading strategy that fits your lifestyle. Don't sacrifice your trading because you are tried and can't fully commit to trading. I have made so many mistakes from not having the mental capacity to commit to some of my trades. And when I'm off on the weekends my trading is better because I don't have anything else to think about.
    If you want to be the best trader that you can be you will make changes in your lifestyle to give you a better edge. Or you can change your trading strategy to work better with your lifestyle.
     
  4. %% I never paid much attention to the CPA call, even though they tend to pay for themselves quick. Depending on the nature of the call IRS, could make a big difference; but they first use a letter...…………………………………………………………………………………………………………………………………….
     
  5. For me it's usually bad news like I spent 300k last year. Then I sit and think about whether I saw 300k of value in my spending. That's the part I don't like. Then I repeat anyway. So best to know how I'm going to react.

    These days I put the phone on do not disturb until I'm done for the day.
     
    murray t turtle likes this.
  6. %%
    I seldom use a phone; + when i did, i almost always screened them with voice mail/my answering machine.USPO/FEDX, UPS are better. And i NEVER call the Priority Mail +USPO ''snail mail. ''LOL...........................................................................................................USPO symbol is a flying eagle, NOT a snail.
     
    nooby_mcnoob likes this.