Usually when we think of delusions we imagine mental disorders: someone struggling with schizophrenia or hypochondria. We may even imagine somebody we know–somebody who is high-strung with anxiety and convinced the world is out to get them. There are some pretty bizarre delusions out there:
One thing I’ve struggled with is indecision. While it is good to want to the best decision, sometimes indecision has the ability to freeze us – which is not so good while trading. Feeling stuck between two choices while trading can lead to lost opportunity and money. My father recognized my reluctance to make choices when I was still pretty young and has tried to help me recognize the value in making correct choices quickly.
I trade on a 2016 MacBook Pro and I use a Verizon Hotspot for an internet connection through my phone. I use the Alveo platform which has to be installed on a windows operating system - not a mac. So I have a bit of a problem because I can either go buy a PC or find a way to make Alveo work on a Mac.
The race is on! It’s a New Year and a chance to recommit to the continued development of our personal trading skill. And in case, you’re wondering if this means you, it does. To stay sharp in the market we need to constantly be looking for ways to improve. That mean we need to trade - a trade a day in 2018!
Have you ever watched those inspirational videos about people who do amazing things, and you commit to becoming a better person? I love those videos, and I think that they do a lot of good in reminding me of the person I want to become. However, sometimes I set up unrealistic expectations for myself.
You have precious little time to make income in life. If you divide life into fourths, you only have a quarter of your life – or 20 years – to really grow your lifetime earnings. Lifetime earnings are the collective income a person receives through a myriad of sources throughout the span of their life. The primary source of lifetime earnings is your job, but experts say that may not be enough. It’s becoming more and more important to use investing cash as a significant source for lifetime earnings.
Vernal, Utah is world famous. Seriously it is. It is world famous for dinosaur bones. There is the highest concentration of dinosaur bones there than in any other place in the world. A few years back I took my 5 and 3 year old at the time to the dinosaur quarry to see some dinosaur bones. It is needless to say quite an amazing site. You can’t put your hand on the quarry with out touching two dinosaur bones. There is also a small nature hike that you can take and see dinosaur bones that are jutting out of the mountains that are there. After chasing the kids around the visitor center for a while I decided that they needed to burn off some energy. So I decided to take them on the hike.
You don’t want to have too many active positions open; it’s like eating too much food at your favorite buffet. Buffets can be good. Buffets can be very good. However, you almost always–or at least I do–walk (if you still can) away from a buffet in pain–sometimes in a great deal of pain. I like the illusion that I have control over myself around food, but that disappears as soon as I see a soft serve ice cream machine paired with caramel and hot fudge pumps. There’s this mode that I enter when I’m in a buffet. I become this mindless food eating machine that inhales plate after plate of mediocre greasy food just because I can. Forget the fact that I’ve been working on not eating carbs for the past three weeks, I’m have four or five rolls with honey butter.
Money illusion is slowly pushing you to the poor house.
Imagine a frog basking in a pot of water that is heating up ever so slowly. If the water heats up too quickly, the frog will sense danger and jump out of the pot. If the water heats up slowly, the frog will remain in the pot through the ever-increasing temperatures until it is too late.