Impulsive decisions

✨Transform your financial future by learning how to apply stoicism and be more disciplined, rational decision maker and resilient. ✨Imagine facing a financial setback without stress or panic, knowing that your calm and disciplined mindset will guide you through it. ✨This is what ‘The stoic path to wealth’ by @dariusforoux teaches us. With the lessons on stoicism and how you can focus on what you can control, the book will teach you to make better decisions, avoid impulsive spending and st...

Trust your gut: In the context of decisions, "gut feeling" refers to a type of intuition. More precisely, it is a triggered memory that is accompanied by a strong judgment in one direction or another. We can also speak of an impulse from implicit knowledge gained from experience. So we only have it if we have already had experiences. Depending on what these experiences were like, it then makes sense to rely on our gut feeling or not.

✨Master your decision making skills with these 10 easy steps. ✨We often get stuck on crossroads in life where we need to take tough decisions to do the right thing. But with different path choices not knowing where that decision will take us, and our emotions clouding our judgements, it gets difficult to make the right decision. ✨Sometimes we are glad that we made that decision, or sometimes we regret making it. Here are 10 easy steps which can help you make rational decisions with less…

Sometimes we rush into things or make impulsive decisions because we’re afraid of missing- A Quote by Neo More

In a world that constantly demands our attention and reaction, it's easy to get caught up in the whirlwind of emotions and impulses. However, taking a step back and reacting less often can lead to greater clarity and more effective problem-solving. When we pause and give ourselves the space to think, we allow our minds to process situations more thoroughly and make better decisions. Reacting impulsively can often lead to misunderstandings, conflicts, and mistakes. On the other hand, a…

"The rarest of all human qualities is consistency" highlights the difficulty people often have in maintaining a steady course of action over time. Consistency requires discipline, self-control, and the ability to resist temptations or distractions. In the context of trading, consistency is crucial for achieving long-term success. It involves sticking to a well-defined strategy, managing risk effectively, and avoiding impulsive decisions. However, human nature often leads to inconsistency, as…

The phrase "Pain of discipline or pain of regret" is a powerful reminder of the choices faced by traders. Discipline in trading involves adhering to a well-defined strategy, managing risk effectively, and avoiding impulsive decisions. While this discipline can be challenging, it often leads to long-term success. On the other hand, regret arises from impulsive decisions, emotional trading, or a failure to follow a disciplined approach. These actions can result in significant losses and a…

Decision-making is a skill - it's something you can learn about, practice, and become more confident with. And it's a useful skill to develop because your decisions shape your life. Read the article to find out more about making decisions confidently. #DecisionMaking #ConsciousLiving #LifeByDesign