Archives of “January 16, 2019” day

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fun with words

  
Education, Humour
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FunwithwordsThe Washington Post’s Mensa Invitational once again invited readers to take any word from the dictionary, alter it by adding,  subtracting, or changing one letter, and supply a new definition.   Here are the winners:

1. Cashtration (n.): The act of buying a house, which renders the  subject financially impotent for an indefinite period of time.

2. Ignoranus : A person who’s both stupid and an asshole.

3. Intaxicaton : Euphoria at getting a tax refund, which lasts until you  realize it was your money to start with.

4. Reintarnation : Coming back to life as a  hillbilly.

5. Bozone ( n.): The substance surrounding stupid people that stops bright ideas from penetrating. The bozone layer, unfortunately, shows little sign of breaking down in the near future.

6. Foreploy : Any misrepresentation about  yourself for the purpose of getting laid. (more…)

Reasons why traders lose money

  
  Education
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  • Reason
    Over trading
  • Lack of knowledge & lack of experience
  • Trading without a plan
  • Not having enough capital
  • Over confidence
  • Lack of confidence
  • Emotional trading
  • Afraid to lose money
  • Trading with complex system
  • Relying on others
  • Not willing to take it as a business
  • No giving enough time to be a trader
  • Trying to be successful overnight
  • Running Losses

Profile Of The Successful Trader:

  
  Education
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profile

Trading is being young, imperfect, and human – not old, exacting, and scientific. It is not a set of techniques, but a commitment. You are to be an information processor. Not a swami. Not a guru. An information processor.

Participating in the markets can only develop your trading skills. You need to become a part of the markets, to know the state of the markets at any given time, and most importantly, to know yourself. You need to be patient, confident, and mentally tough. (more…)

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