Alex

Stock Investor and EDM connoisseur Snapchat: Alexhv

[Omar Agag @OmarAgag6]

Once you have a winning strategy…

The next thing as a trader you have to deal with is fighting boredom

Where everyday feels the same and you want more “action”

Boredom is what creates profitable traders

[Luke Belmar 👽 @lukebelmar]

You dont level up by doing the same things you did when you were losing. You need to change and level up with serious action and consistency!

[Billy Oppenheimer @bpoppenheimer]

In 1998, Citibank and The Travelers Insurance Company merged.

They hired legendary designer Paula Scher to create a new logo.

In their first meeting, on a napkin, Scher drew what became the iconic Citi logo.

As Scher got up to leave the room, someone from the Citi team asked,

How can it be that it’s done in a second?

“It’s done in a second and 34 years," Scher replied. “It’s done in a second [and] every experience and everything that’s in my head.”

Takeaway 1:

As Scher has become a master of her craft, she's experienced an interesting problem.

"A lot of clients like to buy process," she explains. "they think they're not getting their money's worth [if] you solve the problem too fast."

This is known as the "Labor Perception Bias."

It's an interesting phenomenon: we are generally impatient, yet, we are skeptical if, for instance, we're at a fancy restaurant and the food comes out only minutes after we ordered.

One of famous examples of the Labor Perception Bias is the parable of the engineer and the hammer:

A factory owner hired an engineer to fix a broken-down engine. The engineer inspected the engine for one minute, took out his hammer, hammered the engine once, and then started the engine with no problem.

The engineer charged the factory owner $5000. The factory owner was shocked, protested that the engineer had worked for only one minute, and asked for an itemized bill. The engineer sent the factory owner an itemized bill:

Hammering the engine: $5
Knowing where to hammer the engine: $4,995

Takeaway 2:

On my desk, there is a notecard that says, “All success is a lagging indicator.”

The line comes from one of my favorite Ryan Holiday articles. “When a day’s writing goes well,” he writes, “it’s a lagging indicator of hours and hours spent researching and thinking… Receiving a promotion is a lagging indicator of a lot of quality work. Delivering a keynote with confidence is a lagging indicator of a lot of preparation.”

Knowing where to hammer the engine is a lagging indicator of the years and years working with hammers and on engines.

And Paula Scher’s ability to create an iconic logo in a second is a lagging indicator of 34 years spent honing her craft.

- - -

“When you sit down to create something...what you create is a culmination of everything you’ve seen and done previous to that point.” — Tinker Hatfield

Follow @bpoppenheimer for more content like this!

[Umar Ashraf @UmarAshraf]

As a trader, your job isn’t to just make money from trading, it’s also knowing how to KEEP it.

Most traders:
Day 1 - make $800
Day 2 - make $600
Day 3 - lose $3k

Great traders:
Day 1 - make $700
Day 2 - make $600
Day 3 - lose $300

[Luke Belmar 👽 @lukebelmar]

Build your strength

Build your mind

Build your wealth

Build your character

Build yourself in every way

[Luke Belmar 👽 @lukebelmar]

Don’t cheat yourself from your fullest potential

[Iman Gadzhi @GadzhiIman]

You are what you choose to become

[Oliver Anwar @theoliveranwar]

An empty gym is an underappreciated luxury.

[BestLifeEver.Fun @TheFFFungi]

For months I showed up the market casually. Just because I tasted some level of success I thought I could just coast by.

Guess what happened next? I feel straight on my face. I lost the passion necessary to trade at a high level.

This is a business not a hobby.

[Wealth Director @wealth_director]

Everyone you surround yourself with should have qualities you admire.

[Alex @AlexdaGoat]

Stay working in silence

[DAN KOE @thedankoe]

If you don’t know what you want, you will be told what you want, and you will believe it.

[Ryan Holiday @RyanHoliday]

Build a life that you don’t need to escape from this year.

[TradeZella 🦄 @TradeZella]

Trading is not for the faint of heart. 🦁 ❣️

It requires DISCIPLINE, PATIENCE, and a clear MINDSET to make consistent profits. 📈

[Ben Meer @SystemSunday]

Life hacks I know at 30 I wish I knew at 20:

[DAN KOE @thedankoe]

How to do a hard reset on your life (in 30 minutes):

[Stepan Hlinka @stepanhlinka]

13 free websites that are so useful they feel illegal to know:

[Gary Vaynerchuk @garyvee]

Really hope today is one of the best Saturdays of your life ☀️ or at least a great day :) ♥️

[Ryan Holiday @RyanHoliday]

"The point of modern propaganda isn't only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth." – Garry Kasparov

[Saeko Snow @TheSaekoSNOW]

A woman took a pic of these clouds cause they looked like the ocean in the sky😳