{"id":3829,"date":"2021-06-14T08:00:42","date_gmt":"2021-06-14T06:00:42","guid":{"rendered":"http:\/\/contattoblogs.timslatter.co.za\/?p=3829"},"modified":"2021-06-14T08:00:42","modified_gmt":"2021-06-14T06:00:42","slug":"dualistic-thinking","status":"publish","type":"post","link":"https:\/\/contattolive.co.za\/north\/dualistic-thinking\/","title":{"rendered":"Dualistic Thinking"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Dualistic thinking assumes a universe where there are only two opposing, mutually incompatible options or realities. This type of thinking is either\/or, good\/bad, negative\/positive, and has a significant impact on our beliefs and behaviours.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Our development is stymied by dualistic thinking. The sooner we can break free from this either\/or mindset, the sooner we can nurture greater success in the workplace and in our personal lives.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This either\/or mentality contributes to our fears and concerns by presuming the false restriction that no other choices exist. We might feel confined, perceiving little freedom when we think in this way.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">We may feel trapped or powerless in a circumstance when our options, choices, and determination appear to be limited. We tend to react emotionally in such cases, sometimes not even aware of the reasons why.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Dualistic thinking hinders our personal and professional progress because we rarely allow for a range of options. We rate the situations and people around us on a binary scale. We reduce our capacity to see alternative possibilities by limiting ourselves to only two options.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Our psychological bias is a significant hazard of dualistic thinking. The &#8220;snake bite&#8221; effect, for example, occurs when an investor has a bad experience with an investment that causes them to be more cautious in future investment decisions, lowering their return potential.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The fear of regret and feeling like we have made a decision that is inherently \u2018wrong\u2019 leads to this bias. One way to counter this effect is to adopt a strategy that closely adheres to predetermined investing criteria and eliminates most of the decision-making process on what to purchase, when to purchase, and how much to purchase.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Using rules-based trading techniques decreases the likelihood of an investor making a discretionary decision based on previous investment success.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">We create unrealistic expectations when we consider simply &#8220;good&#8221; and &#8220;bad&#8221;. Whatever decision you make will have implications, some of which will be unexpected.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Those implications may appear to be a choice between what you leave behind against what you get, or there may be aspects of both that you appreciate. It&#8217;s crucial to recognise that it&#8217;s often impractical to expect our actions to only have two possible outcomes; we should always look for a third outcome to help balance our expectations.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Once we have realised this, we can concentrate on what appears to be the best course of action for our personal circumstances.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dualistic thinking assumes a universe where there are only two opposing, mutually incompatible options or realities. This type of thinking is either\/or, good\/bad, negative\/positive, and has a significant impact on our beliefs and behaviours. Our development is stymied by dualistic thinking. The sooner we can break free from this either\/or mindset, the sooner we can nurture greater success in the workplace and in our personal lives. This either\/or mentality contributes to our fears and concerns by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3830,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,27],"tags":[],"class_list":["post-3829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dualistic Thinking - Contatto North<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/contattolive.co.za\/north\/dualistic-thinking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dualistic Thinking - Contatto North\" \/>\n<meta property=\"og:description\" content=\"Dualistic thinking assumes a universe where there are only two opposing, mutually incompatible options or realities. This type of thinking is either\/or, good\/bad, negative\/positive, and has a significant impact on our beliefs and behaviours. Our development is stymied by dualistic thinking. The sooner we can break free from this either\/or mindset, the sooner we can nurture greater success in the workplace and in our personal lives. 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