Financial Investing Radio

Sometimes we make the dumbest decisions when our mental state is not right. I have plenty examples of doing that. One of the key lessons I have learned from investing and trading is that it really forces you to be self-aware...to know your personality and your current state. For example, one time I was in the frame of mind, or, a mental state, that said that our kids are going to each whatever their good mother had prepared. Now in general we still stick to this...but...we have toned this down a bit. One evening while eating dinner as a family one of our sons was not eating the artichoke heart that my wife had prepared. Eventually I asked him to eat it, to which he replied: "If I eat that I am going to throw up!" Well I stood my ground, that was the state of mind I was in...I just had to be right. He ate it out of respect, but not long after it came back up just as he promised! I learned an important lesson that night...it caused a change of mind. When we are trading, or making investment decisions we have to