How to deal with your emotions and take control of your life

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Mark Manson, the author of ‘The Subtle Art of Not Giving a F*ck," explains how to better handle our emotions. Following is a transcript of the video.

Mark Manson: My name is Mark Manson. I am the New York Times best-selling author of "The Subtle Art of Not Giving a F*ck."

How do I control my emotions? How do I stop getting angry so often, or how do I stop being sad? And I think there’s a really important distinction to understand is that you can’t completely control your emotions. What you control is your reaction to your own emotions. And a lot of people don’t ever make that separation for what goes on with them.

Somebody in their family does something. They get really pissed off, and then they react very poorly. And instead of blaming their own behavior, they blame the emotion itself.

And what’s interesting about emotions is that the more you try to control them or to bottle them up, the stronger they get. So, the more I try to stop being sad the sadder I’m going to get. The more I try to stop being anxious the more I’m going to freak out over a bunch of little things.

So, it’s very paradoxical, but the key is to actually just let go of trying to control the emotions. Just let them — it sounds super cliche — but flow through you. And then actually focus more on "What are the behaviors that you’re doing to react to however you feel?"

When you’re able to do that the result is that things actually become much simpler. Your emotions — they actually … they don’t go away, they don’t change. It’s just that they’re not as important as they used to be. It’s like "Oh, I’m angry right now. But I’m still doing the thing I want to do." or "I’m sad right now. But I’m still living my life. I’m still accomplishing the things that I want to accomplish. It’s getting this separation between your emotions and how you identify or justify you the things that you do in your life.

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‘Mr. Robot’ fans, today is your lucky day

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With Mr. Robot‘s Season 3 finale looming, USA Network announced the series has been renewed for a fourth season.

We have plenty more battles to fight#MrRobot has been renewed for season_4.0http://pic.twitter.com/ApsEvY6Ofl

— Mr. Robot (@whoismrrobot) December 13, 2017

Mr. Robot follows Rami Malek’s Elliot Alderson, who gets mixed up with a hacker group known as "fsociety," led by the titular character Mr. Robot (played by Christian Slater). The show is full of deception, intrigue, and bizarre twists and turns.

The 10th and final episode of Season 3, titled "shutdown -r," is airing Wednesday night, and fans were pretty excited to find out there are more episodes to come. Read more…

More about Mr Robot, Usa Network, Season 4, Tv Shows, and Rami Malek

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Bloomberg Pronounces The Early Death Of The Traditional Long-Short Hedge Fund Model

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Bloomberg has apparently just taken it upon itself to pronounce the early, unceremonious demise of the traditional Long/Short Hedge Fund model after seemingly declaring that stocks will continue to march higher in perpetuity, with minimal volatility, thus rendering traditional financial analysis and stock picking about as obsolete as a Motorola pager from 1982.  Of course, we embellish a little…but not much…here is Bloomberg‘s take:

The long and short on hedge funds is that long and short isn’t working so well anymore.

 

That’s the rather simple strategy that built the $3.2 trillion industry — the once-durable buying long when you figure an equity will go up and selling short when you reckon the opposite — and that basically put the “hedge” in hedge fund. These days it’s unreliable, at best.

 

There are any number of reasons trotted out for long-short’s fallibility: little volatility, low interest rates, so much passive investing in stocks by the likes of Vanguard Group and BlackRock Inc., too many quantitative funds in the business. What’s more, the number of publicly traded companies in the U.S. is, at about 3,700, half what it was in 1996.

 

“The one strategy that is facing an existential question is long-short equity,” Ted Seides, former head of hedge fund investor Protégé Partners, said recently at an investor conference at the University of Virginia’s Darden School of Business in Charlottesville.

As evidence for their controversial call, Bloomberg cites the billions of dollars in capital that have been thrown at long-only, passively managed funds since the stock market started its meteoric rise off the lows back in 2009.  Of course, if self-fulfilling prophecies such as these are actually meaningful then perhaps Bloomberg should just recommend that everyone pile into Bitcoin because its asset base has grown way faster than that of ETFs and/or other passively managed products. 

So, where does Bloomberg figure you should put your money these days?  How about a nice quant fund?  Better yet, how about an investment advisor that will effectively take your money, buy the SPY and then charge you 1% of assets for his "advice"…a strategy you could easily execute yourself on E-Trade for about $7.95 in trading fees.

The biggest inflows this year have gone to long-biased or long-only products run by the quantitative funds, which use computers to decide what to buy and charge lower fees than most.

 

Renaissance Technologies, for instance, has pulled in $10 billion so far this year, while assets at Two Sigma have risen to $50 billion, up from $38 billion a year ago.

 

At Luxon Financial, investors have asked for products that can wager on rising and falling prices of securities but that charge much lower fees than hedge funds, said President Anson Beard, whose last job was an executive at a stock hedge fund that closed. Luxon’s Cary Street Partners is a $2.5 billion firm of about 40 registered investment advisers whose clients are high-net-worth individuals in the Southeast U.S. and Texas.

 

Beard said he sees these so-called liquid alternatives taking the place of hedge funds in many investors’ portfolios.

Of course, as famed hedge fund investor Lee Ainslie points out, sacrificing upside potential to fund hedging costs during a massive equity bubble is almost always blasted as a useless waste of capital by those chasing that bubble…

Or consider Lee Ainslie, who started Maverick Capital in 1993 after he left Tiger Management, where he trained with famed investor Julian Robertson. He lost about 10 percent last year and is down again this year.

 

Traditional stock hedge-fund managers remain hopeful. Ainslie told investors that he expects short selling to again be a profitable pursuit.

 

“On the short side, periods of frustration are not uncommon and are typically followed by periods in which short selling is actually quite rewarding,” Ainslie wrote in a letter this summer.

…which is true right up until the point that it isn’t…

What is that saying about "he who laughs last?"

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The Benefits of Trading using an ETF

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The Benefits of Trading using an ETF

The Benefits of Trading using an ETF

An ETF is an exchange traded fund that can be used to trade multiple areas of the capital markets.  Exchange trade funds are trusts that hold specific stocks or commodities or even currencies which provide investors direct access risk in an area of a market.  One of the benefits of an ETF is that you can enter and exit your position intra-day whenever the market is open.

What is an ETF

ETFs track different securities within the capital markets and allow investors to diversify their holdings.  Many traders like to focus on sector ETFs which provide investors access to different sectors of the market. These sectors include, financials, discretionary, consumer staples, technology, utilities, industrials, healthcare, energy and materials.  If you are interested in taking a view of a sector but do not want to exposure yourself to individual stock risk, you can use an ETF to express that view. Sector ETFs generally hold a basket of stocks in a specific sector.  ETFs listed by different companies can have different return profiles since their holding can be different.

Trading Sector Pairs

A strategy that is often used to trade sector ETFs is a pair trading strategy.  A pair strategy is one where you purchase an ETF and simultaneously short another sector ETF .  So, if you believe that the technology sector will outperform the consumer staples sector, you can purchase one and short the other. This type of trading strategy is a market neutral strategy as you are more interested in the relative change of one sector to another as opposed to attempting to determine the direction of the broader market.

To view a stock-pair you can look at a chart where you divide one ETF by another. The chart above shows you the technology sector ETF divided by the consumer staple ETF. This ratio has been rallying for most of 2017, but recently pulled back as investors rotated out of the technology sector.

ETF Liquidity

ETFs generally have significant liquidity allowing traders to use scalping as a trading strategy.  For example, the SPY ETF which tracks the movements of the S&P 500 index is the most liquid ETF available and generally provides the highest level of volume on a daily basis.  If you are a scalper, you want to enter and exit a security relatively quickly and ETFs with robust volume can allow you to employ a scalping strategy.

Other Types of ETFs

In addition to ETFs that focus on the broader equity indices or sectors, there are also ETFs that hold currencies, and commodities .  You can purchase a gold or silver ETF, as well as, a natural gas or soybean ETF.  Some commodity ETFs are trusts that hold companies that participate in an area, while others actually hold the physical commodity.

Prior to trading an ETF, you should perform some due diligence and look up the holdings of the ETF, so you know exactly what you are trading.  ETFs have become extremely popular because they provide access to specific risks, but also allow you to enter and exit any time that the market is open for business.

The post The Benefits of Trading using an ETF appeared first on tradersdna – resources for traders/investors for Forex, Stocks, Commodities, Bitcoin, Blockchain, Fintech and Forum.

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Hey Elon, here’s an idea for your Semi-trucks!

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Most trucks aren’t as aerodynamic as the Tesla Semi which has a drag coefficient that’s lesser than Bugatti’s flagship Chiron. But most trucks aren’t designed to be fuel efficient. They’re made for getting cargo from A to B, and usually when you design for optimal space, you pay more attention to space optimization, rather than aerodynamics. However, Henning Marxen has a rather simple solution to help reduce aerodynamic drag in any truck. The answer? An inflatable PVC tail that helps guide air flow in a manner that helps reduce drag, and therefore increase fuel economy.

The Trucktail unlike other permanent solutions for reducing aerodynamic drag is a temporary one. Made from PVC fabric, it can be simply attached and inflated to take shape. It stays tethered to the back of the truck at all times, making sure it never comes undone under high speeds. Once done, the tail can be simply deflated, folded, and stored anywhere on board the semi.

It’s not like Tesla’s Semi needs to be more aerodynamic than it already is, but the Trucktail is sure to help other trucks be much more fuel efficient than they already are… besides, it won’t harm anyone to see this attached to a Tesla Semi. Unless that anyone is Bugatti’s pride!

The Trucktail received an honorable mention at the Red Dot Design Concept Awards for the year 2017.

Designer: Henning Marxen

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