Compulsive Trading – How to Break Negative Trading Patterns

Noticing a problem is necessary to solving it, but this is not sufficient. We need to look closely at what is actually happening and address the factors that are causing or triggering the problem. Some of the hardest lessons repeat themselves over and over again, and it’s up to us to be reflective enough to witness them happening in the moment — so that this time around, a different decision can be made. We’ve all been there, we place a trade and

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The Banana Trick and Other Acts of Self-Checkout Thievery

“Most shoplifters are in fact otherwise law-abiding citizens. They would chase behind you to return the $20 bill you dropped, because you’re a person and you would miss that $20.” A robot cashier, though, changes the equation: It “gives the false impression of anonymity,” Staib says. “This apparently empowers people to shoplift.” https://www.theatlantic.com/magazine/archive/2018/03/stealing-from-self-checkout/550940/

Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts

Annie Duke’s new book is, “Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts.” She has taken her poker expertise and graduate level degree of psychology and digested it into a book we all can relate to our lives. She is a poker player, author, decision making expert, and cognitive scientist. Her understanding of how luck, skill and uncertainty all play a role in life is fascinating. (read more…)

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