Mat Karo Flashcards

(26 cards)

1
Q

What is hope trading?

A

Hope trading is the practice of exchanging hopes and aspirations, often in the context of investment or personal goals.

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2
Q

True or False: Hope trading involves tangible assets.

A

False

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3
Q

Fill in the blank: In hope trading, individuals often trade their __________ for potential future gains.

A

expectations

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4
Q

What is a key psychological aspect of hope trading?

A

The belief that future outcomes can be influenced by current actions or decisions.

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5
Q

Multiple Choice: Which of the following is a common risk associated with hope trading? A) Guaranteed returns B) Emotional investment C) Diversification

A

B) Emotional investment

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6
Q

What role does optimism play in hope trading?

A

Optimism drives individuals to engage in hope trading by encouraging them to believe in positive outcomes.

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7
Q

True or False: Hope trading can lead to irrational decision-making.

A

True

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8
Q

Fill in the blank: Hope trading often relies on __________ rather than empirical evidence.

A

faith

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9
Q

What is a common outcome of excessive hope trading?

A

Disappointment or financial loss.

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10
Q

Multiple Choice: Hope trading is most closely associated with which field? A) Economics B) Psychology C) Agriculture

A

B) Psychology

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11
Q

What is the primary benefit of hope trading?

A

It can motivate individuals to pursue their goals and dreams.

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12
Q

True or False: Hope trading is always beneficial.

A

False

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13
Q

Fill in the blank: The concept of hope trading can be applied to __________ as well as financial markets.

A

personal development

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14
Q

What can excessive hope trading lead to in financial contexts?

A

Speculation and market volatility.

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15
Q

Multiple Choice: Which psychological concept is often linked to hope trading? A) Cognitive dissonance B) Loss aversion C) The placebo effect

A

B) Loss aversion

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16
Q

What is a potential negative consequence of hope trading on relationships?

A

Unrealistic expectations can lead to disappointment and conflict.

17
Q

True or False: Hope trading is a formalized trading system.

18
Q

Fill in the blank: Hope trading can create a __________ cycle of expectations and outcomes.

19
Q

What is an example of hope trading in everyday life?

A

Investing time in a project with the hope of future success.

20
Q

Multiple Choice: Hope trading can be detrimental in which scenario? A) Setting realistic goals B) Ignoring risk factors C) Planning for the future

A

B) Ignoring risk factors

21
Q

What is the relationship between hope trading and goal setting?

A

Hope trading often involves setting goals based on optimistic projections.

22
Q

True or False: Hope trading is a strategy used only by investors.

23
Q

Fill in the blank: Individuals engaged in hope trading may experience __________ if their hopes are not met.

24
Q

What is one way to mitigate risks associated with hope trading?

A

Setting realistic expectations and conducting thorough research.

25
Multiple Choice: Which of the following can enhance the effectiveness of hope trading? A) Emotional detachment B) Realistic planning C) Ignoring past experiences
B) Realistic planning
26
What is a common psychological trap associated with hope trading?
Overconfidence in one's ability to predict outcomes.