Readers express their love and admiration for Sheikh Mohammed. Wam
Readers express their love and admiration for Sheikh Mohammed. Wam
Readers express their love and admiration for Sheikh Mohammed. Wam
Readers express their love and admiration for Sheikh Mohammed. Wam

Dubai leader has inspired one and all


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I extend my heartfelt greetings to Sheikh Mohammed bin Rashid on his completion of 10 years as Ruler of Dubai.

May Allah keep him in good health to rule Dubai for a long time.

M A Mannan, Dubai

Sheikh Mohammed is a great leader and visionary. I wish more people in my home country would follow his lead.

John Saf David, Dubai

How to make the roads safer

Regarding your article Keys to safer roads in UAE are 'time management, etiquette and seat-belt use' (January 4), time management will not stop someone from speeding. A lot of people always leave on time and they always speed. It's a habit and it can't be broken.

The only thing that will make the roads safer is if the police actually cracked down on all offences with harsher penalties and more presence.

For example, in Australia, if you don’t indicate when turning, you get a fine on the spot and three points on your licence.

If you speed, depending on how much over the speed limit, you get a fine and three points, or even lose your licence on the spot for one year. Ditto for speaking on a mobile phone while driving and throwing rubbish out of a car.

The issue in the UAE is that there are over 200 nationalities with their own driving habits. Let them loose on the roads and there is bound to be conflicting behaviour.

And why are people not penalised here like they are in every other country in the world? I have committed two offences in the eight years I have lived here but didn’t get any points. Adopt the point system and increase fines, and you will see people’s behaviour changing dramatically.

Introduce better driver training and education. Finally, make certain behaviour on the road socially unacceptable so people will feel like outcasts if they tail gate, or speed, or talk on mobile phones or not stop at pedestrian crossings.

John Paravalos, Dubai

Civil defence did an excellent job

Kudos to the civil defence of Dubai and the government for making the right decision to continue with the New Year’s Day celebrations (Dubai Ruler hails hotel fire crews, January 4). Such ability to overcome challenges is what makes Dubai and the UAE so special.

We live in a world filled with uncertainty and where accidents and incidents occur on a regular basis, resulting in some type of loss.

However, the mark of success is defined by our ability to recover from tragedy and in doing so we grow stronger and better.

Randall Mohammed, Dubai

I refer to the news report Dubai tourists staying in fire-damaged hotel had belongings held for safekeeping (January 4). Whenever someone tells me to "be careful over there", implying that it is unsafe, I just quote scenarios like this to them to shut them up. There is no way this story would have ended in a similar manner in the US. It is amazing how the crews worked together so diligently. Even Sheikh Mansour bin Mohammed joined in to assist. This is what embodies this country.

Every day I feel safer here than I do in my own country, and every day it becomes a little harder to find reasons to go back “home”.

Guerra Eartha, Dubai

Let’s be more careful on road

As the new year begins, it’s time for many to adopt resolutions. However, most people forget about them even before the first month of the year ends.

This time, let’s not forget one thing – to avoid using mobile phones while driving and even while crossing the road.

I recently witnessed a dangerous situation in which a man paused in the middle of a busy road to take a selfie.

I hope the authorities continuously remind people about the need to use the mobile phone in a responsible manner.

Ramesh Menon, Abu Dhabi

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Three ways to limit your social media use

Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.

1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.

2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information. 

3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.