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Psychology Quotes

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Psychology Quotes

“Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.”

“Psychology should be the chief basic science upon which the practices of education depend. It should have supplied education with the information it needs concerning the processes of understanding, learning, and thinking, among other things. One of the difficulties has been that such theory as has been developed has been based primarily upon studies of behavior of rats and pigeons. As someone has said, some of the theory thus developed has been an insult even to the rat.”

“The happiness of your life depends upon the quality of your thoughts.”

“What I "discovered" was that happiness is not something that happens. It is not the result of good fortune or random chance. It is not something that money can buy or power command. It does not depend on outside events, but, rather, on how we interpret them. Happiness, in fact, is a condition that must be prepared for, cultivated, and defended privately by each person. People who learn to control inner experience will be able to determine the quality of their lives, which is as close as any of us can come to being happy.”

“While reasons are provided by the facts,...rationality...depends instead on our beliefs. [...] [I]f I believe falsely that my hotel is on fire, it may be rational for me to jump into the canal. But I have no reason to jump. I merely think I do. And, if some dangerous treatment would save your life, but you don't know that fact, it would be irrational for you to take this treatment, but that is what you have most reason to do.”

“Improved perception of our somatic feelings not only gives us greater knowledge of ourselves but also enables greater somatic skill, facility, and range of movement that can afford our sensory organs greater scope in giving us knowledge of the world. Besides augmenting our own possibilities of pleasure , such improved somatic functioning and awareness can give us greater power in performing virtuous acts for the benefit of others, since all action somehow depends on the efficacy of our bodily instrument.”