Mindset #9 - Home Truths That Might Require a Rethink to Make More Money

in psychology •  7 years ago 

Are you only focused on the now?
Put your money to work for you long term.

Do you hate losing?
"Studies suggest that the pain we get from losses is more than twice as great at the pleasure we receive from gains.”

Are you too confident?
Overconfidence causes people to take risks they later regret. Don’t over trade.

Do you rationalise bad decisions?
A shitty trade can’t be turned into an investment? No, it’s still just a shitty trade.

Do you make financial decisions emotionally?
Apply objectivity to your financial decisions. Never fall in love with a narrative.

Do you lack self-control?
Remember that a little discipline goes a long way. At the end of the day, you're the only one responsible.




The @forexbrokr Mindset Series

Mindset #1 – Why are you Scared of Risk?
Mindset #2 - What a Waster, What a Fucking Waster
Mindset #3 - Why Can't you Flip a Trade into an Investment?
Mindset #4 - Perspective is a Strange Phenomenon
Mindset #5 - Trading REQUIRES an Entrepreneurial Mindset
Mindset #6 - Are you Being Productive? Or are you Just Busy?
Mindset #7 - Friday Money Motivation Checklist
Mindset #8 - Monday Morning Motivation




Please leave a comment with your thoughts and ideas.

The Mindset series of posts is about making you think a little deeper about every day concepts. I look forward to having you follow along and reading what you throw at me.

Peace!

Twitter: @forexbrokr
Instagram: @forexbrokr
Website: www.forexbrokr.com

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You have been upvoted and maybe even resteemed by @vsteems!!We help minnows grow by upvoting and sometimes even resteeming them!!

If you want to say thank you in a way please upvote this comment and maybe our vote be worth a whole bunch someday and maybe it will help you! Thank you.

Lolz, cheers.

Yup, I do all of those. Now if you'll excuse me. I have to go dig in the couch for cigarette money.

Kicking that weak addiction might be a good place to start?

  ·  7 years ago 

I want more money!!
thanks for info.
voted.

Cheers justyy,

Hope you're doing well.

Good series !!

I just came across this one today and will read the rest

Thanks mate. Definitely leave us a comment with your two cents when you do :)

This post received a 4.1% upvote from @randowhale thanks to @forexbrokr! For more information, click here!