Skip to main content

How to Find and Fix the Causes of Your Bad Habits



 Allen Carr’s Easy Way to Stop Smoking.

The author employs an interesting strategy to help smokers eliminate their cravings. He systematically reframes each cue associated with smoking and gives it a new meaning.

He says things like: 

  • You think you are quitting something, but you’re not quitting anything because cigarettes do nothing for you.
  • You think smoking is something you need to do to be social, but it’s not. You can be social without smoking at all.
  • You think smoking is about relieving stress, but it’s not. Smoking does not relieve your nerves, it destroys them.

By the time you get to the end of the book, smoking seems like the most ridiculous thing in the world to do. And if you no longer expect smoking to bring you any benefits, you have no reason to smoke. It is an inversion of the 2nd Law of Behavior Change: make it unattractive. 

WHERE CRAVINGS COME FROM

  • Every behavior has a surface level craving and a deeper, underlying motive.
  • Some of our underlying motives include:
  • Conserve energy
  • Obtain food and water
  • Find love and reproduce
  • Connect and bond with others
  • Win social acceptance and approval
  • Reduce uncertainty Achieve status and prestige
A craving is just a specific manifestation of a deeper underlying motive.
Look at nearly any product that is habit-forming and you’ll see that it does not create a new motivation, but rather latches onto the underlying motives of human nature.
  • Find love and reproduce = using Tinder 
  • Connect and bond with others = browsing Facebook 
  • Win social acceptance and approval = posting on Instagram 
  • Reduce uncertainty = searching on Google 
  • Achieve status and prestige = playing video games 
Your habits are modern-day solutions to ancient desires. New versions of old vices. The underlying motives behind human behavior remain the same. The specific habits we perform differ based on the period of history.

Your current habits are not necessarily the best way to solve the problems you face; they are just the methods you learned to use. Once you associate a solution with the problem you need to solve, you keep coming back to it. 

Habits are all about associations. These associations determine whether we predict a habit to be worth repeating or not.

Every time you perceive a cue, your brain runs a simulation and makes a prediction about what to do in the next moment.

Cue: You notice that the stove is hot.
Prediction: If I touch it I’ll get burned, so I should avoid touching it.
Cue: You see that the traffic light turned green.
Prediction: If I step on the gas, I’ll make it safely through the intersection and get closer to my destination, so I should step on the gas.  

You see a cue, categorize it based on past experience, and determine the appropriate response.

 Life feels reactive, but it is actually predictive. All day long, you are making your best guess of how to act given what you’ve just seen and what has worked for you in the past. You are endlessly predicting what will happen in the next moment.
The cause of your habits is actually the prediction that precedes them. 

These predictions lead to feelings, which is how we typically describe a craving—a feeling, a desire, an urge. Feelings and emotions transform the cues we perceive and the predictions we make into a signal that we can apply. They help explain what we are currently sensing. For instance, whether or not you realize it, you are noticing how warm or cold you feel right now. If the temperature drops by one degree, you probably won’t do anything. If the temperature drops ten degrees, however, you’ll feel cold and put on another layer of clothing. Feeling cold was the signal that prompted you to act. You have been sensing the cues the entire time, but it is only when you predict that you would be better off in a different state that you take action. 

A craving is the sense that something is missing. It is the desire to change your internal state. This gap between your current state and your desired state provides a reason to act. 

Desire is the difference between where you are now and where you want to be in the future.Even the tiniest action is tinged with the motivation to feel differently than you do in the moment. When you binge-eat or light up or browse social media, what you really want is not a potato chip or a cigarette or a bunch of likes. What you really want is to feel different. 

Our feelings and emotions tell us whether to hold steady in our current state or to make a change.
Habits are attractive when we associate them with positive feelings, and we can use this insight to our advantage rather than to our detriment.  

Comments

Popular posts from this blog

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

CAN A FIRM ALWAYS SPOT THE NEXT GREAT TRADER?

 No. But a prop firm can tell who has a poor chance to become a CPT. To be good at anything will take everything you have. Not having developed the skills to work hard is a turn-off. Trading is a skill learned by doing, not just by reading a lot, theorizing, or the faux art of “paper trading.” THE PROS AND CONS OF RECRUITING EXPERIENCED TRADERS Loyalty is a good thing to a point, but it cannot trump logistics and reality. losing money should really bother you. If I am negative three days in a row, I spend a long evening on my couch with a bottle of red wine and comfort food. As traders, we can all recite the memorable line from Wall Street: “A man looks in the abyss, there is nothing staring back at him. At that moment he discovers his character. That keeps the man out of the abyss.”  Traders don’t talk about how they want to trade, what they want to read about trading, or how they wish they could talk about trading. Traders trade, read about trading, and talk about trading.

Reading the Tape

 Dr. Steenbarger, aka the godfather of modern trading psychology, wrote: “My experience is that an understanding of (and ability to read) order flow is one important factor that separates the older, successful generation of day traders from the newbies who only know simple chart patterns and indicator readings.” continue working on the skill of reading the tape and to sell the stock on the offer when the tape showed weakness. “Reading the tape must be learned through personal experience and long observation.” keep in mind that nothing can top experience. Don’t give up. It is not always this easy to Read the Tape. But there are plays where it really is simple. And reading the tape will offer pattern recognition plays that you can exploit. Overcoming a Confirmation Bias We all fight confirmation bias. But it will harm our performance if we do not overcome it. Let the tape talk to you. And use online vehicles like StockTwits and your peers sitting next to you to gain second ...