Thread by @Maaachaaa69

The market’s crazy. Get excited

Have you ever tried to stay calm on a roller coaster? It’s just not possible. Your heart rate isn’t going to slow down while you’re hurtling along the track, upside-down, 100 feet above the ground.
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The same is true when you’re watching your life’s savings evaporate while seemingly rational people talk about chaos, panic, and plague. It’s normal to feel anxiety.

As investors, we’re constantly told to remain calm during market turbulence.
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Anxiety lowers cognitive abilities, risk tolerance, and confidence, so it’s not the ideal emotional state for an investor. As it turns out, though, trying to calm down when the markets are crazy might be ineffective advice. Here’s why.

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Remain calm' is bad advice
According to Harvard researcher Dr. Alison Brooks, an overwhelming majority of people believe that the best way to cope with performance anxiety (public speaking, math exams, and so on) is to try to calm down.

We think that a calm state of mind will help us do the job better, but is it always possible to calm down when putting yourself on the line? Brooks’ research says no.
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Brooks published alstudies comparing the effectiveness of coping strategies on performance outcomes in stressful situations. People who were facing high-anxiety events (like singing/math exams/public speaking) were given different coping strategies and then judged on their perfor

Good note for current time
@finance_therapy