Web About Health - Women's-Issues EQ & Investments: Bull, Bear Or HumanEQ & Investments: Bull, Bear Or Human Markets are supposed to be rational, but with an economic system based on scarcity, how do investors behave with emotional intelligence? Experts in behavioral economics and emotional intelligence tell us we sell winners too soon and hold onto losers too long... The ability to accept loss and feel the regret we might have may be the greatest obstacle to gaining wealth. Lacking EQ, investors are more likely to hold on to losers too long. Why? We avoid the "negative" feelings, and rather than feel the remorse, we want to move beyond it--into some action that will give us back what we lost. The losses that hit us hardest are the first few dollars we lose, so additional losses aren't as painful. With this increased risk tolerance we tend to throw more good money after bad. We're emotionally wired to avoid pain. And, given a positive move or a negative one of the same amount, there's more intensity on the negative side. We are more driven to avoid regret than to have pride. So while we hold losers, we also tend to sell winners too soon. Rather than wait for a small gain to grow, we tend to take our profits too soon. Why? Because every additional dollar of gain gives us less satisfaction. Investors are also resist change--even beneficial change. The more choices we have, the more we tend to stay in status quo. The EQ of investing would tell us --do your homework, pick carefully, determine a minimal downside loss and upside gain. The EQ challenge then, is self-managing the emotions that come with taking rational action in a scarcity system. LANCE ARMSTRONG: ON THE HERO'S JOURNEY No hero ever starts out looking like one. From a single parent family in Plano Texas, disappointment, despair, and disillusionment, put Lance Armstrong on a bike that took him out of Plano and on the ride of his life. Youthful brawn led him to win his first Tour de France; inner strength and finesse allowed him to wrestle with death, and conquer multiple titles in the world class race. "It's not about the Bike." From eating dirt on a rough road to shaking with fear as he faced his own death, Armstrong embraces both his strength and vulnerability, showing us the hero, once revealed is both warrior. Lance Armstrong shows us how leaders become heroes. Following him through courage, fear and conquest---a whole range of emotions, we witness his transformation from a champion of outward action and athletic prowess to the tenderness, compassion, and integrity that takes him to the edge of life and back as a champion of heart and spirit. About the author: PeopleSmith specializes in professional effectiveness coaching for profound results with emotional intelligence, change and transition and personal leadership. Permission granted to change title.Read similar articles: Kuan Yin, Chinese Goddess of CompassionMannatech Plus and Hormones The Perfect Body Trials and Tribulations of a Fitness Trainer Is Perfectionist Thinking Supporting or Sabotaging Your Success at Weight Loss and Lifestyle Change? Dressing For Less Shopping Tips: What to Look for When Shopping for Tops 7 Mistakes That Will Ruin a Professional Image Menopause Relief Eating For Two
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