Quotes About Decision

Should you simply walk away, no hard feelings? Whatever your decision, it will be a good one, because you have retained control of the negotiation.

if our own mission and purpose is too cloudy, we make it difficult for our adversary to make a decision? The same thing goes with questions.

no" gets you past emotional issues and trivial issues to essential issues. We want decision-based negotiation, not the emotion-based waste of time known as win-win.

Take responsibility for the bad decision, learn from it, embrace the failure, and soldier on without fear because you are only one decision away from getting back on track. But

EFFECTIVE NEGOTIATION IS effective decision making, plain and simple, and the foundation of effective decision making is a valid mission and purpose to guide it.

So many of us choose our path out of fear disguised as practicality.

Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice.

If we choose to turn left when God wants us to go right, we cannot expect God to support the plans we made on our own.

God always gives His best to those who leave the choice with him.

The middle of the road is for yellow lines and dead armadillos.

Ghost Dog: In the words of the ancients, one should make his decision within the space of seven breaths. It is a matter of being determined and having the spirit to break through to the other side.

From now on, we live in a world where man has walked on the moon. It wasn't a miracle, we just decided to go.

up before I could react. Oh no—don't do it, Ned! I

Leaders can also set aside matters of personality and make decisions based on fact.

It's like gambling somehow. You go out for a night of drinking and you don't know where your going to end up the next day. It could work out good or it could be disastrous. It's like the throw of the dice.

Regardless of the methodology used, before you decide to get into the market you have to decide where (price) or when (time) or why (new information) you will no longer want the position.

Likewise, when we lose money in the market we think we must have been wrong.

The stock investor can stay in the position forever. A futures speculator, on the other hand, will be forced out of the market when the contract expires. So even if he has financed a losing futures position, he is forced into making a new decision at expiration as to whether to stay with the position. The stock player has no such forcing point, which is why it's especially important to decide what type of participant you're going to be when you're in the stock market.

Next, you must select a method of market analysis that you are going to use. Otherwise, you will jump back and forth among several methods in search of supporting evidence to justify holding onto a market position.

If you have ever had a position on and intended to do one thing but actually did something else, then you were a member of the psychological crowd and made a crowd trade—whether you knew it or not. Otherwise, you would have done what you originally intended.

The next step in decision making is establishing controls, i.e., the exit criteria that will take you out of the market either at a profit or loss.

You must pick the loss side first. Why? Otherwise, after you enter the market everything you look at and hear will be skewed in favor of your position.

After you know where you want to get out of the market, then you can ascertain whether and where you are comfortable getting into the market. In contrast to what most people do, your entry point should be a function of the exit point.

Once you specify what price or under what circumstances you would no longer want the position, and specify how much money you are willing to lose, then, and only then, can you start thinking about where to enter the market.