Your Stock Market Addiction Is Costing You A Fortune
If you are stock day trading out of addiction,Christian Louboutin Mater Claude 85mm noir chaussures rougesvente au rabais, you are unintentionally flushing your money down the toilet. You might not realize it,Frauen MBT Schuhe Nafasi Schwarz New Style, rationalizing your "investment" options as you watch your wealth dwindle with each trade.
Regardless of your investment style, you must rein in emotion if you expect long-term profitability in investments.
In this article, I'm going to share with you the similarities between typical addictions and stock market addictions. Recognizing these characteristics is your first step to conquering the addiction,Christian Louboutin chaussures New simples 120mm pompevente au rabais, and will result in greater profitability,Christian Louboutin chaussures Fifi or 100mmvente pas cher, addiction or not.
Active trading has a higher degree of perceived control than passive trading,Mbt Schuhe Karani, and this can be dangerous. It's one of the arguments traders make against using mutual funds. The argument is that by active trading,christian louboutin soldes, one can nimbly trade around market circumstances that funds cannot. Forget that the fund manager is more qualified than the trader 99 times out of 100.
This is similar to gambling where a gambler has control over each individual wager, rather than ownership in the casino.
Active trading is exciting. With great risk comes the potential for great reward,Frauen MBT Kisumu 2 Sandale - 006, and this reward is usually met with the release of the chemical dopamine in the trader's brain. The presence of this chemical means that trading is more than just a psychological addictiont can actually border on a physical one. These are the same characteristics of a gambler.
Another similar characteristic between trading and gambling is the potential for a quick buck,Christian Louboutin en satin Fifi 100mm et des chaussures en dentellevente au rabais, or easy return of money. Exacerbating this is the fact that it's possible to receive a disproportionate amount of return through the use of margin and leverage.
Another problem with addictions like trading and gambling is perpetuation,chick here, a form of passive enablement. With each passing trade, the addiction is reinforced, regardless of whether the trade was a failure or success. A successful trade brings about the desire for a repeat performance, while a failed trade brings about the need for redemption or to make back that lost amount.
Let's not lose sight of our goals. Trading is about making money,Christian Louboutin Madame Butterfly Bootie 140mm chaussuresvente au rabais, plain and simple. But to make money, you have to realize the difference between when you are trading and when you are gambling.
If you can successfully master that psychological stumbling block, you will most definitely become a better trader. 相关的主题文章：
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