My Trading Adventure

Mindset ... which are yours?

CP TEH
Publish date: Thu, 29 May 2014, 08:59 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.

http://www.policymic.com/articles/89579/the-brains-of-successful-vs-unsuccessful-people-actually-look-very-different


What's the best way to take control of your own life and push yourself against boundaries?

According to Stanford psychologist Carol Dweck, it's all about your mindset. Successful people tend to focus on growth, solving problems and self-improvement, while unsuccessful people think of their abilities as fixed assets and avoid challenges.

Dweck says that there are two basic categories that peoples' behavioral traits tend to fall into: fixed and growth mindsets. This infographic by Nigel Holmes summarizes these differences.




A person with a "fixed" mindset tends to view themselves with static traits and a deterministic outlook. For these people, intelligence, character and creative ability all cannot be changed in any meaningful way, while success is seen as affirmation of those given abilities and traits. The fixed mindset views the human almost like an already-completed spreadsheet, with things like intelligence and personality operating as unchanging, fundamental characteristics. Thus, "striving for success and avoiding failure at all costs become a way of maintaining the sense of being smart or skilled."

A person with a "growth" mindset, on the other hand, sees challenges as things to overcome and views failure as an opportunity for growth and personal development.

In the end, Dweck says, how we approach life can determine our success and happiness. She writes her "research has shown that the view you adopt for yourself profoundly affects the way you lead your life. It can determine whether you become the person you want to be and whether you commit to and accomplish the things you value." Going into more detail, Dweck argues the following:

"Believing that your qualities are carved in stone - the fixed mindset - creates an urgency to prove yourself over and over. If you have only a certain amount of intelligence, a certain personality, and a certain moral character - well, then you'd better prove that you have a healthy dose of them. It simply wouldn't do to look or feel deficient in these most basic characteristics.

"... There's another mindset in which these traits are not simply a hand you're dealt and have to live with, always trying to convince yourself and others that you have a royal flush when you're secretly worried it's a pair of tens. In this mindset, the hand you're dealt is just the starting point for development. This growth mindset is based on the belief that your basic qualities are things you can cultivate through your efforts. Although people may differ in every which way - in their initial talents and aptitudes, interests, or temperaments - everyone can change and grow through application and experience."




read more .... and listen again and again about GRIT



Growth MINDSET

TEH
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