TAILIEUCHUNG - Forex Revolution insider s guide to trading the world stock markets_3

Tham khảo tài liệu 'forex revolution insider s guide to trading the world stock markets_3', tài chính - ngân hàng, ngân hàng - tín dụng phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 21 performance of traditional tracker funds with the needed flexibility of ordinary shares. ETFs also trace the investment performance of various indices. Just as the NYSE and NASDAQ markets use specific indices as market indicators the LSE uses the indices calculated from the FTSE a non-exchange index calculation specialist that professionally constructs indices recognized worldwide for their accurate reflection of investment markets. The LSE most notably uses the FTSE 100 including other global indices known as the FTSE All-World the FTSE World Index and the FTSE Eurotop Indices. FTSE 100 Chart from LSE Web site. 22 Stock Trading vs. Gambling You can have all the resources tools knowledge and experience at your disposal but if you cannot get a grip on your emotions most likely you won t do very well in the stock market. Active participation on a daily basis can wear and tear on your nerves especially in the NASDAQ Level II market where there is considerably more risk. You must learn to manage your own psychological reactions to risks winning loosing and continuous temptations. Controlling your emotions in an illogical manner isn t something you learn over night. Emotions are natural reactions to other stimulus in our lives. For example if someone pulls a gun on you your first inclination might be fear panic holding your hands up yelling don t shoot and possibly all of those things. It s natural to feel that way. You are not likely to say something such as Hold on a minute. I need a good cup of coffee first. That would be a calm unworried response. When you ve lost thousands of dollars you have invested the last thing you want to do is remain calm unworried and run home to tell your spouse the not so lucky news. Your first inclination might be to get it back as quickly as possible which leads people into unwarranted rash decisions that could possibly turn out to be even worse. Get a grip. Be patient. Weigh the possible outcome risks with your

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