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Terry T Leslie - ArticlesTerry Leslie is a successful private fund manager based primarily in Europe. He is a much sought after asset allocation consultant with the major European investment banks and is regularly contracted to assess the effectiveness of their equity and derivatives trading strategies and risk management parameters. He also has a passion of sharing his knowledge in relation to both investments and trading.
Are Your Images of Your Trading Day Motivating or Frustrating?The images of today’s society are thrown at us to encourage us to want bigger and better, more, and faster. We are literally bombarded with high priced images and images that draw on our human desire to succeed in our lives. Status symbols are all over the place and often we know from the beginning which ones will excite us. Whether we want large yachts, expensive cars, million dollar homes, or a life of financial freedom, we all want something and we focus on the images that spark desire in our Find Your Trading Comfort Zone – and Step Outside It!Most of us love the familiar. It’s that soothing feeling of security and calm. When you feel comfort without a sense of impending risk, you are in your “comfort zone.” Don’t be One of Pavlov’s Dogs When Trading!Ivan Pavlov was a Russian physiologist renowned for his famous study on conditioned reflexes. While studying the physiological effects of eating in dogs, Pavlov began to observe that the salivation of the dogs was very curious. Do You Have Trading Analysis Paralysis?A man has been going to the horse races for 25 years. Before he goes, he researches everything he can find about the horses and the jockeys – their age, weight, wins, and losses. Trading Attitudes are ContagiousEmotions we overhear from other traders when they are stressed, afraid, or upset can affect you negatively – if you let them. Change the way you perceive what is going on around you into a positive manner. You’re a trader – be excited about it! Don’t be Afraid to Cut Your Trading LossesTony Loton, author of “Don’t Lose Money in the Stock Markets,” says “If your investment falls by 50% you'll need a 100% rise just to get you back where you started. So when speculating in the stock markets, protecting the money you do have is just as important as making some more.” Trading the Markets - Making it on Your OwnSelf-Employment is a growing career option for many people. Approximately 6.6% of the work force makes their living in this category or over 8.5 million workers nationwide. As a trader, you join the ranks of the self-employed, which is a terrific way to control your own destiny and take full responsibility for all you do. Get Out of That Trading Rut!Ever muttered these words? "I haven't made enough winning trades. “What am I going to do?” “I'll never be successful." Well, if you have, you’re not alone. It’s usually followed by "But I don't know to do differently." To quote writer Molly Ivins, "The first rule of holes: when you're in one, stop digging." Trading Goals – You Gotta Have Them!Johann Wolfgang von Goethe once said, “Treat a man as he is and he will remain so. Treat a man the way he can be and ought to be, and he will become as he can be and should be." This from an 18th century leader who influenced music, drama, poetry and philosophy and whose focus on evolutionary ideas even inspired Charles Darwin…obviously Goethe was someone who set high expectations of himself and those around him! Embracing Chaos When Trading and InvestingThe “Butterfly Effect” refers to the idea that a butterfly's wings might create tiny changes in the atmosphere that ultimately cause a tornado to appear (or prevent a tornado from appearing). The flapping wing represents a seemingly irrelevant action that can cause tremendous long-term effects. In other words, had the butterfly not flapped its wings, the outcome might have been vastly different.
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