For those involved in marketing, the following 10 psychological truths is all you ever need to know about marketing.:
How are you being taken advantage of in the marketplace?
https://www.inc.com/kevin-daum/this-marketer-reveals-10-psychology-truths-that-brands-use-to-influence-your-buying-decisions.html
Lets break down the 10 lessons from psychologists involved in marketing and integrating the lessons in stock market
1. You don't like thinking too hard.
advantage to those who think harder than usual.
2. Decisions are automatic and hidden.
Humans don't like thinking too hard......to be a winner, you have to think harder. You have to engage more level 2 thinking.......
3. You'll deny that it works on YOU.
Humans don't like to admit they've been had.....but be aware, you rationalise..... as a result, you are just as easily fooled by the market as the next guy. Don't deny, embrace it and see what you can learn from it.
4. We let others decide for us
Happens all the time, doesn't it? Got to be aware of that and retake control.
5. You hate losing more than you like winning.
that is why the tendency people chase high and cannot find to the courage to buy red....Kesm and Layhong drop for 4 weeks, people scared, I can find the courage to buy. I treat losses and profits egually and statistics shows, even if I am wrong, I will not be losing much....risk reward is in my favor.........there is a lesson in falling knives, its a good lesson.....but the lesson must be balanced by thinking harder and risk reward analysis........
6. You are open to suggestion.
This plays out in the real world all the time. Acknowledge it. Guard against it.
7. You are terrified of missing out.
that is why momentum play is so popular. FOMO is real! "Fear of missing out" fits right in with humans' risk aversion. Our fear of missing out is a major driver of decision-making...be aware, guard against it.
8. You are prejudiced and biased.
everyone is prejudiced and biased.
9. It doesn't always work the same.
trigger points don't stay the same.
10. There are countless loopholes in your thinking.
Humans are intelligent, but business has figured out ways to hack into the brain. The best way to guard yourself is to acknowledge that you can be irrational, and we willing to question even your own thinking." Admitting your own shortcomings and analyzing the logic of your thinking will help you spot more of these methods.
Conclusion
There is a way to improve trading results. Knowing how the brain works, know how decisions are made is the first step.
Created by qqq3 | Sep 25, 2019
Created by qqq3 | Sep 23, 2019
Created by qqq3 | Sep 18, 2019
stock market is about perception
perception is about marketing
marketing is about employing psychology tricks.
2018-10-21 23:36
bull market is like Jho Low
from 2009 to 2016, every time 1 MDB runs into trouble, JL gets more money from Najib/1MDB......
2018-10-21 23:40
stock market is about perception
perception is about marketing
marketing is about employing psychology tricks.
3. You'll deny that it works on YOU.
2018-10-22 08:52
people who bought low on Friday made money....especially, Myeg, Dsonic and Hibiscus......to note.....
2018-10-22 19:06
qqq3
https://www.inc.com/kevin-daum/this-marketer-reveals-10-psychology-truths-that-brands-use-to-influence-your-buying-decisions.html
2018-10-19 18:17