Psychology Archives

How to Develop Discipline in Trading

Do you struggle to stick to your trading rules because emotions get in the way? Are you haphazardly buying and selling without a trading plan in place? Trading your hard-earned money is an emotional rollercoaster. Therefore, it’s important to exercise self-discipline and keep your emotions at bay. According to author and trading consultant Mark Douglas, this requires that you simultaneously do two things: redirect negative thoughts and emotions, and execute the system you’ve established. Here’s how to develop discipline in trading, according to Douglas.

What Is Emotional Trauma? The 2 Defining Factors

What is emotional trauma? How does trauma differ from distress? According to Oprah Winfrey and renowned psychiatrist Bruce D. Perry in their book What Happened to You?, there’s a difference between trauma and distress. The authors explain that trauma is made up of two factors: the stress response and the lasting impact. Continue reading for a discussion on emotional trauma and how it affects the brain.

What Are the 6 Pillars of Self-Esteem?

How does self-esteem affect mental health? What are some things you can do to improve your self-esteem? In modern times, most of us believe that improving our self-esteem is essential to our psychological health. According to psychotherapist and self-esteem expert Nathaniel Branden, low self-esteem is the underlying reason behind many psychological issues. He posits that there are six pillars of self-esteem: Live with Awareness, Accept Yourself, Take Responsibility, Assert Yourself, Live Intentionally, and Act with Integrity. Here’s how you can improve your own self-esteem by practicing the 6 pillars of self-esteem.

5 Tips for Developing Emotional Competence

Why is emotional competence so important? How can emotional competence help mitigate the effects of stress? According to Dr. Gabor Maté, the author of When the Body Says No, chronic stress can lead to a number of physical ailments. It has even been linked to cancer. He explains that developing emotional competence is the key to counteracting the negative effects of chronic stress on the body. Here’s how to develop emotional competence to keep your mind and body healthy.

Why Blind Obedience to Authority Is Dangerous

What are the dangers of having blind obedience to authority? What experiments demonstrate authoritative pressure? Authoritative pressure is when an individual or group in power bids you to do something. In The Lucifer Effect, Philip Zimbardo asserts that it’s far more likely that we will commit evil if we’re “just following orders.” Continue reading to learn more about blind obedience to authority figures.

Triune Brain Theory: Explained in Simple Terms

What is the Triune brain? What are the three levels of the brain, according to the Triune theory? In the Triune brain model, the brain is divided into three levels: the neocortex, the limbic system, and the reptilian complex. According to this model, each level is self-contained in the sense that it doesn’t interact with the other two. In reality, the whole brain is interconnected, so this model should be taken metaphorically, not literally. Keep reading to learn about the three levels of the brain, according to the Triune brain theory.

How Does Trauma Affect the Brain of a Child?

How does trauma affect the brain of a child? Can childhood trauma impact brain development? Childhood trauma can have serious detrimental effects on the developing brain. If you think of the brain as a growing city, imagine trying to build structures on top of a damaged foundation. Eventually, the foundation may crack. Here’s how trauma affects the developing brain.

Nathaniel Branden: The Six Pillars of Self-Esteem

What’s Nathaniel Branden’s The Six Pillars of Self-Esteem about? What’s the key message to take away from the book? In The Six Pillars of Self-Esteem, psychotherapist Nathaniel Branden presents a roadmap for improving your self-esteem. You’ll learn exactly how to behave to improve your self-esteem, including by living with awareness and taking responsibility for your actions. You’ll also learn why so many techniques people recommend for raising self-esteem just don’t work. Along the way, you’ll discover what self-esteem actually is, why it matters, and how others affect it. Below is a brief overview of The Six Pillars of Self-Esteem by

Noise in Human Judgment—What Causes It?

What causes noise in human judgment? Is noise purely psychological, or are there societal causes of noise as well? Noise, as described in the book Noise by Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein, is the variability in human judgment. For example, a judge’s mood or hunger level at the time of sentencing could be an example of noise. Here’s a look at what causes noise, human judgment’s enemy.

The Stanford Prison Experiment Ethical Issues

What was the Stanford Prison Experiment? What were the ethical issues of the experiment? In 1971, Philip Zimbardo turned the basement of Stanford University’s psychology building into a simulated prison, paying undergraduate male volunteers to act as prisoners and guards. Zimbardo detailed his findings in The Lucifer Effect, which discusses the nature of human evil. Keep reading to learn more about the ethical issues of the Stanford Prison Experiment.