Recommended Tags: Psychology, Trading Psychology, Consumer Psychology. Just one is enough!
2 Mar 2020 1 minute read 3 comments The BlackWolf
I want to revisit something that I said in the previous post. I found myself making reference to the Wizard of Oz and how his life has deteriorated due to the facade that he had to maintain for the Land of Oz. As I read over it, something jumped out...
1 Mar 2020 1 minute read 0 comments Dastan
It happens when consumers change their preference between two options when presented with a third option, or decoy. The decoy is priced to make one of the other options much more attractive. The decoy is not intended to sell, just to nudge consumers...
28 Feb 2020 5 minute read 0 comments Dastan
We all have goals and aspirations. Some are small micro goals like getting up 20 minutes earlier or walking to work more often. Some are larger like packing on 30 pounds of muscle or starting our own business. Whatever form our goals take and however...
26 Feb 2020 2 minute read 5 comments Anna_M
Our brain is an extremely complex and delicate organ that intervenes directly or indirectly in all the body's processes. It is no surprise, therefore, if our lifestyle significantly affects its correct functioning and, therefore, our health in genera...
26 Feb 2020 3 minute read 2 comments The BlackWolf
What happens when I live a life of perception, not one of completion; of manipulation, not communication? What happens when I live the persona, and not my life? I struggle to create, maintain, and even retain after attack a mere facade that looks not...
26 Feb 2020 1 minute read 0 comments ReviewAndAnalysisChris [CH]
Immanuel Kant's Categorical Imperative states:—Act only according to that maxim whereby you can, at the same time, will that it should become a universal law. In other words, one should pursue an action only if they would be happy to engage in this a...
25 Feb 2020 3 minute read 0 comments Dastan
1. Consistent Timing Set aside specific time constraints for one given activity. E.g. showering from 8-8:15. If you do this every day your brain and body will get accustomed to it and crave showering every time 8h comes around. Why? Because our brain...
25 Feb 2020 1 minute read 0 comments ReviewAndAnalysisChris [CH]
When my finance students ask me to describe the right way to answer a question, I always remember an apocryphal story about a physics student at the University of Copenhagen who once faced the following challenge: Describe how to determine the height...
23 Feb 2020 1 minute read 0 comments MikeySeko
Any one who has traded bitcoin futures on bitmex knows all to well how extremely difficult it is and I am going to discuss the root cause and explain my experience and what I have learned to help people who have been and still are stuck in a vicious...
22 Feb 2020 3 minute read 0 comments Dastan
There’s an old Woody Allen quotation that “80% of success is just showing up.” This quotation is used to motivate people to get started on what they want to achieve and has even helped me when thinking about the significance of competition (turns out...
