EQ & Investments: Bull, Bear Or HumanMarkets are supposed to be rational, but with an economic system based on scarcity, how do investors behave with emotional intelligence? Experts in behavioral econ... EQ & Investments: Bull, Bear Or HumanMarkets are supposed to be rational, but with an economic system based on scarcity, how do investors behave with emotional intelligence? Experts in behavioral economics and emotional intelligence tell us we sell winners too soon and hold onto losers too long...The ability to accept loss and feel the regret we might have may be the greatest obstacle to gaining wealth. Lacking EQ, investors are more likely to hold on to losers too long. Why? We avoid the "negative" feelings, and rather than feel the remorse, we want to move beyond it--into some action that will give us back what we lost. The losses that hit us hardest are the first few dollars we lose, so additional losses aren't as painful. With this increased risk tolerance we tend to throw more good money after bad. We're emotionally wired to avoid pain. And, given a positive move or a negative one of the same amount, there's more intensity on the negative side.We are more driven to avoid regret than to have pride. So while we hold losers, we also tend to sell winners too soon. Rather than wait for a small gain to grow, we tend to take our profits too soon. Why? Because every additional dollar of gain gives us less satisfaction.Investors are also resist change--even beneficial change. The more choices we have, the more we tend to stay in status quo. The EQ of investing would tell us --do your homework, pick carefully, determine a minimal downside loss and upside gain. The EQ challenge then, is self-managing the emotions that come with taking rational action in a scarcity system.LANCE ARMSTRONG: ON THE HERO'S JOURNEYNo hero ever starts out looking like one. From a single parent family in Plano Texas, disappointment, despair, and disillusionment, put Lance Armstrong on a bike that took him out of Plano and on the ride of his life. Youthful brawn led him to win his first Tour de France; inner strength and finesse allowed him to wrestle with death, and conquer multiple titles in the world class race."It's not about the Bike." From eating dirt on a rough road to shaking with fear as he faced his own death, Armstrong embraces both his strength and vulnerability, showing us the hero, once revealed is both warrior.Lance Armstrong shows us how leaders become heroes. Following him through courage, fear and conquest---a whole range of emotions, we witness his transformation from a champion of outward action and athletic prowess to the tenderness, compassion, and integrity that takes him to the edge of life and back as a champion of heart and spirit. Article Tags: Bull Bear Source: Free Articles from ArticlesFactory.com .
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A review of Idmobile.com
Idmobile.com offers both pay-as-you-go and contract plans. Pay-as-you-go plans are ideal for customers who don't want to be tied down to a long-term contract, and they can purchase bundles of data, minutes, and texts as and when they need them.
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Olympia 1863 verses Lucille Rhodes 1976 paintings analysis
These two artistic works have been established to show an ultimate subjective type of message to the land of existence. It is just the fact that through this it was just a form of nude acceptance in t... These two artistic works have been established to show an ultimate subjective...