Archives of “Life” category
rssThe reason 95% traders lose: Humans 'have six-hour window' to erase memories of fear
Researchers have found that humans have a six-hour window of opportunity when fearful memories can potentially be erased, a study says.
Reliving a harrowing memory opens what experts call a “reconsolidation window” – a time-limited period when it can be changed from bad to good.
This is probably why 95% of traders lose – because mistakes or traps in trading are easy to come by, but erasing those bad memories is not easy after the six-hour window. This also suggests that you would need to go over the same trade within six-hours and somehow neutralize the bad memories (tequila or vicodin?).
If you don't go Within You go Without.
Thought For A Day
I was dying.Naked Truth About LIFE
Don't get stuck in the paralysis of analysis. Action beats all.
Thought For A Day
My favourite lines from GURU
Stephen Hawking on Religion: Science Will Win
World News Anchor, Diane Sawyer, asks physicist Stephen Hawking about the biggest mystery he’d like solved. He said, “I want to know why the universe exists, why there is something rather than nothing”.
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