How To Control Emotions While Betting on Keybet Id?
The way the brain evolved makes it so that feelings come before thoughts. Before we consciously act on or think about a thought or stimulus, the amygdala checks to see how it makes us feel. Because we feel before we think, feelings have a lot of power over our lives.
In terms of betting and dealing, we can all probably think of what happens when a bet or trade goes wrong. Our blood pressure and heart rate go up. It gets hard to breathe, and we tighten up. It's the famous "fight or flight" reaction, which happens when our primitive brain realizes we're in danger. We're lucky that a bad trade doesn't put our lives in danger, unless we're dealing with someone else's money, but we still feel like we're in danger.
Amygdala Hijack
This is called an Amygdala Hijack, which means that the thinking part of the brain (the neo-cortex) is ignored and we act on instinct. Usually, the neocortex can handle four different thoughts at once, but when the hijack happens, our working memory (thinking) gets messed up, and it becomes hard to handle even one thought. In other words, we can't think clearly, which is why a hijack of the amygdala is so bad. The release of cortisol, which kills brain cells, is also not good.
So, what can we do to avoid or at least lessen the bad effects that a deal that goes against us could have?
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SOSS
The suggested name is S.O.S.S. It seems a little forced, but here are the four steps:
Stop
Just means stop. Don't act right away. We make decisions when we're stressed out based on less than 5% of the knowledge we have, which is obviously not enough. We need to realize that our brains are being taken over and take back control of them.
Oxygenate
Mostly speaks for itself. Take a big breath. People tell you to do this for a reason. Consciously breathing takes our minds off of how fast they are going.
Make Appreciation Stronger
It's a little hard to understand, but in trade, it means to take a moment to accept what's going on. We really like the word "perspective," and once you put the possible loss into context, it all seems a lot less bad than your brain thinks it is. No one is dying or being taken to the hospital quickly.
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The last step is to take that extra 5% of knowledge and use it to make a decision based on logic and reason instead of your feelings.
Conclusion of Keybet Id
We have learned a lot from dealing, and one of the most important things is how important it is to stake "sensibly." As we've talked about, "sensibly" is hard to define, but in general, it means betting at or below a level where a bad break doesn't cause the amygdala to take over.
There will be bad trades. No matter how strong your advantage is, the rules of probability say that you will lose sometimes. If a deal goes wrong and causes a hijack, you might want to consider lowering your stakes. Once you've been hijacked, it's hard to get back in control and make a good decision, but the information you just read should help.