Named after Dr. Bluma Zeigarnik.
While sitting in a busy restaurant in Vienna, she noticed the waiters had better memories of unpaid orders vs. paid ones.
Once the bill was paid, they struggled to remember the exact details of the orders.
But why?
You know how having too many open Chrome tabs bogs your computer down?
The same happens to your brain.
Unfinished tasks keep "running" in the background.
It's called the Zeigarnik Effect.
Here's how it works and what to do about it:
🧵
Named after Dr. Bluma Zeigarnik.
While sitting in a busy restaurant in Vienna, she noticed the waiters had better memories of unpaid orders vs. paid ones.
Once the bill was paid, they struggled to remember the exact details of the orders.
But why?
Like a to-do list, once we finish a task, our brain checks it off the list to free up mental bandwidth.
The more unfinished tasks, the more resources our brain dedicates to keeping track of them.
We keep reading/watching to find out what happens next because our brains are driven to seek closure.
Once resolved, we can forget and move on.
Until then, we lean in with rapt attention.
What most call "multi-tasking" is actually task-switching.
The ZE is one reason we suck at it.
When we're doing something and get interrupted, our brain keeps that "tab" open—draining our CPU.
Aka, they drown in unfinished tasks.
So the ZE keeps their brains bogged down, poorly focused, and stressed.
They can't let things go.
For many of us, bedtime is the one time we're not surrounded with distractions.
So our brain goes into overdrive refreshing and resurfacing all the tabs we've kept open throughout the day.
To-do lists are never-ending. Like fighting a hydra, for every task you complete, two sprout in its place.
A Needle Mover list only has the 1-3 highest ROI tasks for the day. Easier to remember, track, and complete.
The more tasks and info you can offload, the fewer your brain will have to constantly monitor.
You don't build a Second Brain to remember.
You build it so you can forget.
The Zeigarnik Effect unintentionally forces our brain to dedicate more memory and attention to unfinished tasks.
So if you want to improve your focus and free up your memory, minimize and offload unfinished tasks.
So follow me @CoreyWilksPsyD for more.
Don't miss the latest issue packed with actionable insights to help you build better mental models for life and business.
So you can be more intentional with how you live, work, and create.
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A THREAD ON @SarangSood
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
