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Five Tips On Excellent Decision-making For Stress Management By Abbas Making decisions is never easy, especially when it comes to making those big decisions that can potentially change ones life. A bad decision can cause alot of while good decisions can help you manage your stress.
This is why before making a decision, a person must put a lot of thought into it. This means carefully examining and assessing the situation, as well as contemplating the pros & cons, and possible consequences of the decisions about to be made.
Here are some tips on excellent decision-making:
1. Assess first if the decision you are about to make would be the right one for you. This means assessing your needs, and really finding out the reason why you are making this decision in the first place.
For example, if the decision you are about to make concerns the college of their choice, you must ask yourself these questions: Are you being influenced by family and friends? Is peer pressure becoming an issue? What about the issue of money? Are you being practical about the decision you are about to make, or are you possibly setting yourself up for failure, by making an evidently impractical decision?
2. Study your options. When making a decision that implies a choice, you should look into your options - whether this involves a decision in regards to purchasing a new house, vacation destination, or a university of choice. Individuals should take the time to study, research, and evaluate all of their options. This way, they can limit their alternatives to that one choice that would be just the right one for them.
3. People who need serious help when it comes to decision-making can make use of decision-making seminars, sessions, and training. Many organizations offer individuals the chance to improve their decision-making skills by attending their programs. Those who feel the need for such help should do some research in the internet for the local listings of these courses that are held within their vicinity.
4. Plan big decisions ahead of time. Do not leave everything to the last minute, because this is a sure recipe for disaster. Planning ahead of time will give you enough time to prepare for the contingencies. It never hurts to have a plan B, in case your original plan does not work out.
Also, planning buys you time. For example those individuals who are planning to get a new car, should first do some research. They must give themselves some time to go to different dealerships to compare prices, and check out what types of offers are available out there. This way, they would be able to land the best deal possible. Remember,
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the best decisions are not rushed. They are carefully thought out and made through careful planning.
5. Make a list of pros and cons. This sounds a bit old fashion, but it is a time-tested method that will aid you in making the best decisions. Coming up with a list will give you a visual representation of your thoughts. This will also help you set priorities in order by writing a list of your preferences, goals, and needs. On the other hand, this would also allow you the opportunity to evaluate the downside to the potential choices you are about to make.
Making a decision can sometimes be very difficult, but it has to be done! The best way to go about this is to make sure that you give yourself plenty of time to think about it first. If possible, seek out the counsel of friends and family.
But in the end, all people have to make their own decision. This is why individuals have to be wise, and give themselves the opportunity to make the best possible decisions!
Article Source: http://www.article-outlet.com/ | |
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25 Things You Can Do To Deal With Stress By Nitin Chhoda Believe it or not, some stress can be good for you! There are two kinds of stress: good stress and bad stress. Good stress is any stress which is positive and motivating, but not a threat to your Read more...
| Repetitive Stress Injury - Protecting Yourself & Staying Pain Free By Jeff Foster Carpal tunnel syndrome, tennis elbow, golfer's elbow are all common conditions and from the standpoint of this article fall into a general grouping of injury that has become to be known as RSI Read more...
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| | Stress was a melodic rock band formed in San Diego in 1983.
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Swing Trading
Swing trading consists of holding a position for
anywhere from several days to several weeks. A
concrete method which enables the trader to usually
capture anywhere from 3 points and up involves the
reading of the volume tape which is one of the most
important calculations when determining entry into a
stock.
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Change
Enter M.S.T.S. Stress free trading? Well, that sounds good. At first I thought it strange. What, no Bollinger Bands, MACD, Stochastics, etc.? Ok, then where?s the deep fundamental analysis? I decided to give it a try.
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Nicolas Darvas: 1955 - 1960
Claim to Fame of Nicholas Darvas:
* Turned a $25,000 account into $2,25 million in just 18 months.
Wrote:
* "How I Made $2 Million in the Stock Market" and made another $2 million
from this.
* "Wall Street The Other Las Vegas"
* "You Can Still Make It In The Stock Market" read more about
Nicholas Darvas
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Warren Buffet
Article about Warren Buffet
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Darvas-Boxes
Darvas Boxes in Action
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George Soros
Article about George Soros
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Jesse Livermore
Jesse Livermore , though he died over
forty years ago, is still known today as one of the most colorful, flamboyant
and respected market speculators of all time. Known by such epithets such as Boy
Plunger, the Great Bear, The Wall Street Wonder and the Cotton King, Livermore
both made, and subsequently lost, four multi-million dollar fortunes during his
career as a speculator, which spanned three decades. Jesse
Livermore
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Other Stock Trading Methods
There are hundreds if not thousands of methods, systems, theories, in which you can "trade" the stock market. But what really works and what doesn't can end up costing you a lot of money, time and effort. Here is my lowdown on some of the more popular methods being touted by system vendors.
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Momentum Stock Trading System
Momentum trading seems to have many followers and equally
many skeptics and cynics but we must first define exactly what momentum trading
is and its advantages and disadvantages in order to form an educated opinion. A
short description of a Momentum Stock Trading System
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Stock Trading Rules
This
is a significant step on your road to financial independence. For investing a
very small fee, you will receive a set of winning
rules that will help you learn how to buy and sell shares, how to invest and
how to make money on the stock market. Every investor, whether a novice or
very experienced, will be able to win on the
stock market with these rules. The aim of my Top 10 Rules is to reduce the risk
of losing money and to maximize profits when
buying and selling shares.
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