A Strong Trading Mind

What do you want in this thread ?

  • Trading Articles

    Votes: 81 45.5%
  • Trading Quotes

    Votes: 54 30.3%
  • Trading Psychology Articles

    Votes: 124 69.7%
  • Insipirational Short Stories

    Votes: 56 31.5%
  • Inspirational Quotes

    Votes: 33 18.5%
  • Affirmations

    Votes: 18 10.1%
  • Stress Buster Exercises

    Votes: 38 21.3%
  • Family Articles

    Votes: 15 8.4%
  • Relationship Articles

    Votes: 20 11.2%
  • Behavoiral articles

    Votes: 47 26.4%

  • Total voters
    178

Blackhole

Well-Known Member
In case you are new to "the adventure" as he referred to it, Dr. Randy Pausch (Oct. 23, 1960 - July 25, 2008), a Computer Science Professor at Carnegie Mellon University, delivered an incredibly inspirational "Last Lecture" on achieving your childhood dreams that has become a worldwide phenomenon due to its positive themes and Randy's moral authority to deliver it: his almost unbelievable bravery, dignity, and humility in the face of his terminal pancreatic cancer.

https://www.youtube.com/watch?feature=player_embedded&v=R9ya9BXClRw


Website : http://w w w. fi r st giving. com/ randy pausc h
 
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Blackhole

Well-Known Member
A small internet story on caring

A girl and guy were speeding over 100 mph on a motorcycle)
Girl: Slow down. Im scared.
Guy: No this is fun.
Girl: No its not. Please, its too scary!
Guy: Then tell me you love me.
Girl: Fine, I love you. Slow down!
Guy: Now give me a BIG hug. (Girl hugs him)
Guy: Can you take my helmet off and put it on? Its bugging me.
Girl: Okay. Now please slow down!

In the paper the next day: A motorcycle had crashed into a building
because of break failure. Two people were on the motorcycle, but only one survived.

The truth was that halfway down the road, the guy realized that his breaks broke, but he didn't want to let the girl know. Instead, he had her say she loved him, felt her hug one last time, then had her wear his helmet so she would live even though it meant he would die.
 
A small internet story on caring

A girl and guy were speeding over 100 mph on a motorcycle)
Girl: Slow down. Im scared.
Guy: No this is fun.
Girl: No its not. Please, its too scary!
Guy: Then tell me you love me.
Girl: Fine, I love you. Slow down!
Guy: Now give me a BIG hug. (Girl hugs him)
Guy: Can you take my helmet off and put it on? Its bugging me.
Girl: Okay. Now please slow down!

In the paper the next day: A motorcycle had crashed into a building
because of break failure. Two people were on the motorcycle, but only one survived.

The truth was that halfway down the road, the guy realized that his breaks broke, but he didn't want to let the girl know. Instead, he had her say she loved him, felt her hug one last time, then had her wear his helmet so she would live even though it meant he would die.


:thumb::thumb::clapping::clapping:
 

Blackhole

Well-Known Member
Source : n h s . u k

Whatever it is that scares you, here are 10 ways to help you cope with your day-to-day fears and anxieties.

1. Take time out

It feels impossible to think clearly when you're flooded with fear or anxiety. A racing heart, sweating palms and feeling panicky and confused are the result of adrenalin. So, the first thing to do is take time out so you can physically calm down.

Distract yourself from the worry for 15 minutes by walking around the block, making a cup of tea or having a bath. When you've physically calmed down, you'll feel better able to decide on the best way to cope.


2. What's the worst that can happen?

When you're anxious about something – be it work, a relationship or an exam – it can help to think through what the worst end result could be. Even if a presentation, a call or a conversation goes horribly wrong, chances are that you and the world will survive. Sometimes the worst that can happen is a panic attack.

If you start to get a faster heartbeat or sweating palms, the best thing is not to fight it. Stay where you are and simply feel the panic without trying to distract yourself. Placing the palm of your hand on your stomach and breathing slowly and deeply (no more than 12 breaths a minute) helps soothe the body.

It may take up to an hour, but eventually the panic will go away on its own. The goal is to help the mind get used to coping with panic, which takes the fear of fear away.

3. Expose yourself to the fear

Avoiding fears only makes them scarier. If you panic one day getting into a lift, it's best to get back into a lift the next day. Stand in the lift and feel the fear until it goes away. Whatever your fear, if you face it, it should start to fade.

4. Welcome the worst

Each time fears are embraced, it makes them easier to cope with the next time they strike, until in the end they are no longer a problem. Try imagining the worst thing that can happen – perhaps it's panicking and having a heart attack. Then try to think yourself into having a heart attack. It's just not possible. The fear will run away the more you chase it.

5. Get real

These tips are designed for people who are coping with day-to-day fears and anxieties. If you have been diagnosed with an anxiety-related condition, see our page on generalised anxiety disorder.

Fears tend to be much worse than reality. Often, people who have been attacked can't help thinking they're going to be attacked again every time they walk down a dark alley. But the chance that an attack will happen again is actually very low.

Similarly, people sometimes tell themselves they're a failure because they blush when they feel self-conscious. This then makes them more upset. But blushing in stressful situations is normal. By remembering this, the anxiety goes away.


6. Don't expect perfection

Black-and-white perfectionist thinking such as, "If I'm not the best mum in the world, I'm a failure," or, "My DVDs aren't all facing in the same direction, so my life is a mess," are unrealistic and only set us up for anxiety.

Life is full of stresses, yet many of us feel that our lives must be perfect. Bad days and setbacks will always happen, and it's essential to remember that life is messy.

7. Visualise

Take a moment to close your eyes and imagine a place of safety and calm – it could be a picture of you walking on a beautiful beach, or snuggled up in bed with the cat next to you, or a happy memory from childhood. Let the positive feelings soothe you until you feel more relaxed.

8. Talk about it

Sharing fears takes away a lot of their scariness. If you can't talk to a partner, friend or family member, call a helpline such as the Samaritans (08457 90 90 90, open 24 hours a day). And if your fears aren't going away, ask your GP for help. GPs can refer people for counselling, psychotherapy or online help through an online service called FearFighter.

9. Go back to basics

A good sleep, a wholesome meal and a walk are often the best cures for anxiety. The easiest way to fall asleep when worries are spiralling through the mind can be to stop trying to nod off. Instead, try to stay awake.

Many people turn to alcohol or drugs to self-treat anxiety with the idea that it will make them feel better, but these only make nervousness worse. On the other hand, eating well will make you feel great physically and mentally.


10. Reward yourself

Finally, give yourself a treat. When you've picked up that spider or made that call you've been dreading, reinforce your success by treating yourself to a candlelit bath, a massage, a country walk, a concert, a meal out, a book, a DVD, or whatever little gift makes you happy.
 

Blackhole

Well-Known Member
Five steps to mental wellbeing

Evidence suggests there are five steps we can all take to improve our mental wellbeing.

If you approach them with an open mind and try them out, you can judge the results yourself.

connect – connect with the people around you: your family, friends, colleagues and neighbours. Spend time developing these relationships. Learn more in Connect for mental wellbeing.

be active – you don't have to go to the gym. Take a walk, go cycling or play a game of football. Find the activity that you enjoy and make it a part of your life. Learn more in Get active for mental wellbeing.

keep learning – learning new skills can give you a sense of achievement and a new confidence. So why not sign up for that cooking course, start learning to play a musical instrument, or figure out how to fix your bike? Find out more in Learn for mental wellbeing
.
give to others – even the smallest act can count, whether it's a smile, a thank you or a kind word. Larger acts, such as volunteering at your local community centre, can improve your mental wellbeing and help you build new social networks. Learn more in Give for mental wellbeing.

be mindful – be more aware of the present moment, including your feelings and thoughts, your body and the world around you. Some people call this awareness "mindfulness", and it can positively change the way you feel about life and how you approach challenges. Learn more in Mindfulness for mental wellbeing.
 

Catch22

Well-Known Member
How Philosophy Can Make You A Better Manager -Greg Satell ,

http://www.forbes.com/sites/gregsatell/2015/07/31/how-philosophy-can-make-you-a-better-manager/

Benefit of philosophy: it teaches practical skills that managers need now more than ever.

The Logic of Aristotle

Logic is a term that is frequently misused. Often, when people say something is “logical” or “valid,” they mean that they think it is true, but that’s a misnomer. Logic applies only to whether a statement is internally consistent. Something can be logical and false, just as a statement can be logically nonsensical, but true nonetheless.

That’s the essence of Aristotle’s logic, which survived for nearly 2000 years without any significant addition or amendment. At the core of Aristotelian logic is the syllogism, which allows us to judge the validity of statements by their structure alone, even when stripped of content.

Once you become trained in logic, you will find a surprising amount of common business communication doesn’t meet its standard. For example, if I say that social media is a good idea because “everybody knows it is,” I am making a logical error called begging the question, because I am taking for granted precisely what is in dispute.

In the digital age, it is becoming increasingly difficult to separate logic from technology. Learning calculus is useful for engineering bridges, but software engineers code by logic. I might even go as far as to say that logicians make better coders, but that would open me up to accusations of confirmation bias, which often leads to logical errors.

Gödel’s Incompleteness Theorems

Although Aristotle’s theory of logic is almost unparalleled in its power and longevity, by the late 19th century, people like Frege and Cantor began to notice that it had flaws. They tried to patch up the system, but every time they did, more holes appeared. Eventually, Russell’s paradox unearthed a contradiction that no one seemed to be able to reconcile.

That created a full-scale crisis which threatened the very fabric of western thought. Logicians scrambled to close the hole, but in 1931 a 25 year-old Austrian logician named Kurt Gödel published his incompleteness theorems, which determined that logic was broken forever. In effect, he proved that every logical system crashes eventually. It’s just a matter of time.

Managers should take note. Every time you think you have built the perfect system for compensation, logistics or whatever, be assured that it is inherently flawed. That’s not a bug, it’s a feature of all logical systems. As much as we may wish otherwise, it’s a basic fact; not only of life, but of logic.

Ironically, our current dependence on logic is based on the Austrian’s work. A few years after he published his famous theorems, a young Alan Turing used Gödel’s methods to develop a universal computer, which led to the digital economy we know today.

Wittgenstein On Communication

One reality that executives need to face is the increasing importance of communication and collaboration. As Leonard Read aptly pointed out in his 1966 essay, I, Pencil, even the manufacture of a simple object is beyond the reach of a single person. Today, the world has become far more complex and the need to communicate effectively even greater.

The journal Nature recently noted that the average scientific paper has four times as many authors as it did when Read published his essay, so communication has become essential for innovation. Unfortunately, many executives communicate quite poorly, but can find very helpful guidance from Ludwig Wittgenstein.

Wittgenstein’s work in this area is vast, but perhaps his most important idea is his refutation of private language. Anybody who has sat through a jargon filled meeting is familiar with the problem of a private language. Acronyms and neologisms can provide helpful shorthand for complex ideas, but can also obscure their meaning.

Wittgenstein’s point was not only that private languages such as jargon can confuse the listener, but also the speaker. In effect, he argued that if you can’t explain something in a public language that everyone can understand, you don’t really understand it yourself.

So, while technical language can be helpful, even necessary, try to explain things in everyday terms—even to yourself. Not only will you become a better communicator, your own grasp will improve as well.

Rawls’ Veil Of Ignorance

A final issue that is of great concern of executives today is fairness. From executive pay to discrimination complaints, treating people fairly is no longer just a moral concern, but a major source of liability. Besides legal liability, consumers often levy a heavy social tax on firms they see as acting unfairly.

Executives are often urged to show empathy—to put themselves in others shoes—and that can be helpful in one-on-one encounters. However, for creating a just organization, John Rawls’ concept of the veil of ignorance can be much more helpful.

The basic idea is to think about how you would like things to work if you had no idea where you would end up in the system. So, for example, if you were a line worker, you might be offended by the higher salaries of executives. On the other hand, if you were a manager, you would also want to be compensated for your advancement and achievement.

The veil of ignorance, like other philosophical concepts, doesn’t lead to easy answers, but it does help lead to the right questions And that’s the true value of philosophy in business life. It can lead, as Dr. Brendel argues, to valuable self reflection. But perhaps more importantly, it can help us think more clearly about the practical issues we face everyday
 

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