Mat Karo Flashcards
(26 cards)
What is hope trading?
Hope trading is the practice of exchanging hopes and aspirations, often in the context of investment or personal goals.
True or False: Hope trading involves tangible assets.
False
Fill in the blank: In hope trading, individuals often trade their __________ for potential future gains.
expectations
What is a key psychological aspect of hope trading?
The belief that future outcomes can be influenced by current actions or decisions.
Multiple Choice: Which of the following is a common risk associated with hope trading? A) Guaranteed returns B) Emotional investment C) Diversification
B) Emotional investment
What role does optimism play in hope trading?
Optimism drives individuals to engage in hope trading by encouraging them to believe in positive outcomes.
True or False: Hope trading can lead to irrational decision-making.
True
Fill in the blank: Hope trading often relies on __________ rather than empirical evidence.
faith
What is a common outcome of excessive hope trading?
Disappointment or financial loss.
Multiple Choice: Hope trading is most closely associated with which field? A) Economics B) Psychology C) Agriculture
B) Psychology
What is the primary benefit of hope trading?
It can motivate individuals to pursue their goals and dreams.
True or False: Hope trading is always beneficial.
False
Fill in the blank: The concept of hope trading can be applied to __________ as well as financial markets.
personal development
What can excessive hope trading lead to in financial contexts?
Speculation and market volatility.
Multiple Choice: Which psychological concept is often linked to hope trading? A) Cognitive dissonance B) Loss aversion C) The placebo effect
B) Loss aversion
What is a potential negative consequence of hope trading on relationships?
Unrealistic expectations can lead to disappointment and conflict.
True or False: Hope trading is a formalized trading system.
False
Fill in the blank: Hope trading can create a __________ cycle of expectations and outcomes.
feedback
What is an example of hope trading in everyday life?
Investing time in a project with the hope of future success.
Multiple Choice: Hope trading can be detrimental in which scenario? A) Setting realistic goals B) Ignoring risk factors C) Planning for the future
B) Ignoring risk factors
What is the relationship between hope trading and goal setting?
Hope trading often involves setting goals based on optimistic projections.
True or False: Hope trading is a strategy used only by investors.
False
Fill in the blank: Individuals engaged in hope trading may experience __________ if their hopes are not met.
frustration
What is one way to mitigate risks associated with hope trading?
Setting realistic expectations and conducting thorough research.