Every day, we make decisions that have good or bad consequences for our future selves. Can I skip gym just this one time? Can I take this trade just one time against my rules? Can I eat this creamy pastry just this one time? The list goes on.
The following Ted talk video (15 minutes) from Daniel Goldstein talks about tools that help us imagine ourselves over time, so that we make smart choices for our future self.
We regret short term for the things we have done, and in long term for the things we have not done.
Visitors who read this post also read: General,
Trading Discipline,
Trading Psychology
This journal is to share my thoughts related to trading and market analysis. Most of my trading is on index futures. I trade other markets also but on higher time frame.
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