Archive for August, 2011

What Do You Envision For Yourself When You Think About Retirement?

August 31st, 2011

There have been a lot of articles written about retirement in recent years. In the main media most of this attention has been towards money issues regarding pensions and the quality of life. To be honest with you a lot of the attention makes grim reading as it soon starts to surface that in a lot of the developed nations the rise in an elderly population means that there are fewer people in work to support their pensions.

In the days gone by retirement used to mean that a person had reached a pre determined age where they could stop working as a necessity and live from a sum of money set aside over their working years for their retirement. That’s the basic dry facts about retirement that are discussed in some form in most issues about retirement and pensions. What I would like to do though is ask you a question.

» Read more: What Do You Envision For Yourself When You Think About Retirement?

The Psychology of Trading – Negative Personality Traits – Part 2

August 29th, 2011

Dear reader

Trading and investing in the stock market not only means you need to have a thorough understanding of Fundamental Analysis, Technical Analysis, Trading Strategy, Portfolio Management and Risk Management. You also need to be able to understand yourself, or more importantly understand how you react to certain situations. Here we have a list of personality traits that are akin to people we all know, and in fact we all have a little of all of them in us. Here we detail the negative personality traits.

The Tape Watcher

It is the hardest thing in the world not to sit there and watch a stock in real-time mode, minute by minute. This is a far too emotional experience. When it ticks down, you think, “I made a bad decision”, when it ticks up you jump for joy. Good profits take time. Set your stop losses, and go and do something else productive in your life.

» Read more: The Psychology of Trading – Negative Personality Traits – Part 2