• Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi. All photos: Reuters
    Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi. All photos: Reuters
  • Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi.
    Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi.
  • Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi.
    Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi.
  • Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, gives water to stray dogs at the shelter in Benghazi.
    Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, gives water to stray dogs at the shelter in Benghazi.
  • Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi.
    Ibtisam bin Omran, 52, who rents a dog shelter and runs the Libyan Society for the Welfare of Street Animals along with her sister, feeds stray dogs at the shelter in Benghazi.
  • Ms bin Omran pets one of the dogs in Benghazi.
    Ms bin Omran pets one of the dogs in Benghazi.
  • She plays with some of the dogs in her care.
    She plays with some of the dogs in her care.
  • Ms bin Omran tends to these two puppies.
    Ms bin Omran tends to these two puppies.

Taking care of stray dogs at a shelter in Benghazi – in pictures


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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.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The National in Davos

We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.

Updated: July 28, 2022, 10:29 AM