Marcus Aurelius ran the Roman Empire through years of war on the northern frontier and a plague that negatively affected enormous numbers of people. Somewhere in the middle of all that, he kept a private notebook written in Greek. We call it the Meditations today. He wrote it for himself, with no plan to publish […]
Anger feels like strength while it’s happening. Then it fades, and you’re left cleaning up after a version of yourself you didn’t enjoy watching. Marcus Aurelius knew this problem well. He ruled Rome through years of war and plague, and he kept a private notebook of reminders to stay calm when people tested him. That
A coworker makes a sharp comment in a meeting, and you replay it in your head until dinner. A friend leaves your text unanswered for two days, and you start wondering what you did wrong. Most of this comes from one bad assumption. We treat other people’s words and actions as a verdict on our
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Most overthinking starts in one of two places. You’re either chewing on something that already happened or bracing for something that probably won’t. Marcus Aurelius had more reasons to lose sleep than almost anyone of his era. He ruled Rome through years of frontier war and a plague that spread across the empire, and one
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Walk down the wellness aisle of any large store, and you’ll find many products promising to help you stay calm. Most of them deliver atmosphere. A candle with a soothing word on the label does nothing measurable to your nervous system, and the same goes for most of what gets sold as stress relief. A
5 Purchases That Actually Reduce Stress, According to Science Read More »
Cost-of-living stress rarely tracks the actual numbers. Two people with nearly identical incomes and bills can carry wildly different levels of financial dread, and that gap tells us something worth paying attention to. Psychology points to a few reliable culprits. Money pressure hurts most when you feel you have no control over it, when your
Doing the math on your finances rarely calms anyone down. Psychology books that deal with anxiety and money start from a different premise: worry about money is a physical and emotional event happening to a body, and the spreadsheet sits downstream of it. That premise explains something odd about who suffers. People with genuinely bad
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Warren Buffett doesn’t answer emails at midnight. His calendar stays mostly empty. He isn’t racing between meetings, and he hasn’t been for decades. He never wore exhaustion like a badge of honor. The habits that made him one of the greatest investors alive are the same ones that kept his personal life calm, peaceful, and
5 Warren Buffett Habits to Follow for a Better Work-Life Balance Read More »
Charlie Munger, the late Vice Chairman of Berkshire Hathaway and lifelong business partner of Warren Buffett, was one of the most admired minds in the history of investing. He was known not just for his financial success but also for his extraordinary ability to stay composed when others were panicking. Munger spent decades studying human
How to Remain Calm in Any Situation According to Charlie Munger Read More »
Fear is a defensive emotion meant to protect you from mental, monetary, or physical harm caused by the belief that a person, thing, situation, or place is dangerous or a threat. Fear is a warning sent to your nervous system to trigger your fight or flight response as a reaction to the threat. Your body
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The wrong trading psychology is one of the biggest things that cause people to fail in trading the financial markets. No trading system will work, no matter how good, if a trader can’t follow it with discipline and focus over a long period of time. It is emotions and ego that usually cause a trader
Top 3 Trading Psychology Lessons I Leaned In 30 Years (Emotions = Mistakes) Read More »
10 Ways To Reduce Stress: Don’t respond to negative people: You do not have to answer to people that do not understand what you are trying to do with your life. The odds are that your critics and naysayers have no idea how it will be possible for you to achieve your goals. Get exercise:
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“The game taught me the game. And it didn’t spare the rod while teaching.” -Jesse Livermore Trading Losses: There are two types of losses, one loss is caused by the market simply not being conducive to the profitability of your system. The other loss is due to your lack of discipline, causing your system to
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This is a guest post by Francois Normandeau This is a fictional story. Tom’s diary. Year 1: I decided to become a trader. I want to get rich quickly and easily and retire next year. I always liked catamarans and maybe I can date models. Year 2: Since I decided to become a trader, I
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Doing your best to risk no more than 1% of total trading capital per trade, should solve these five problems that traders face: If you only risk 1% of trading capital per trade, you will not experience more than a 10% draw down with 10 consecutive losses. If your trading
Solve These 5 Problems Right Now Read More »
Stay calm. Never trade position sizes that cause you increased anxiety. Stay within your comfort zone. Keep perspective. Keep in mind that one losing trade does not a failure make. If you are risking 1% of your trading capital, it should only be one of the next 100 trades. Stay comfortable. Make sure you
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“Plans are plans until they aren’t. Don’t confuse trading ideas with prophecy. You don’t know the future. Unless you cause it.” -Curtis Faith This morning I went in very biased about buying Apple long, my mind was clouded with the support level of the 50 week moving average holding up
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In the markets there are many different types of traders and many motivations that drive them. Everyone has heard of different types of traders based on their trading method: Swing Traders, Day Traders, Momentum Traders, etc. But what about different types of traders based on their psychology, their purpose And motivation? Some trade for
Ten Different Types Of Traders. Which One Are You? Read More »
Lose your money,but keep your discipline. Trading is about following a method, system, or rules that give you an advantage over other market participants in the long run. There are good bets and bad bets. There are traders who follow a trading plan with discipline and others that start trading out of fear and greed
Trading: Mistakes versus Losses. 10 BIG MISTAKES Read More »
Like in the movie ‘Fight Club’ where there was a secret group of ‘fighters’ that loved what they did there is also a group of ‘traders’ in the market that love what they do so much that they win. In the markets there is a club of traders that make
If ‘FIGHT CLUB’ Was About Trading, These Would Be The RULES Read More »