“As soon as I found out it takes me 300 no’s to get 30 yeses, I no longer was bothered by the no’s. My job is now to get more no’s than you.”
My mantra
I just want all the billions of dollars being spent on GPUs, data centres and AI to eventually help us reach a world where nobody dies prematurely from a disease we know how to prevent or treat.
Ten years in, trading will still make you feel like a beginner.
The way your heart pounds when a perfect setup gets stopped out.
The frustration when you're doing everything right and still can't avoid a losing streak.
The reality of hyping yourself up the entire weekend, only to end your trading day five minutes after the opening bell.
You're not here to make trading an effortless money machine.
You're here to face every way your fear, greed, anger, and impatience will sabotage you with ruthless honesty.
You don't need to reinvent the wheel.
You need to stop letting discomfort decide what you do next.
A GREAT Trader Has;
➤ The discipline of a SOLDIER,
➤ The patience of a SAINT,
➤ The focus of a SNIPER, and
➤ The SENSE of humour to laugh off their losses.
'Because the greatest failure isn't trying and falling short, it's never having the courage to find out just how far you could have gone.'
Legend @markminervini
US Investing Champion, 334.8% annual return, averaging 220% per year, an insane 33,500% total return. GOAT
If you're afraid of failing, being embarrassed, or being humiliated, you need to turn that ego-driven headwind into powerful tailwind.
Instead of fearing failure, fear never trying. Fear living your entire life without ever discovering what you were truly capable of becoming. Fear leaving your potential unrealized.
The fear of what others might think will keep you imprisoned in mediocrity if you allow it. Stop seeking approval. Stop worrying about criticism. Stop allowing your ego to stand between you and your dreams.
Advance boldly in the direction of your dreams, independent of the good opinion of others. Especially those closest to you.
The people who love you want to protect you. They'll tell you to play it safe. Get a secure job. Stay in school. Become a doctor or a lawyer. They'll tell you that trading is gambling, that your dreams are unrealistic, that you're taking too much risk.
They don't want to see you fail. And their intentions may be good. But in their desire to protect you from failure, they often overlook the most important thing of all: What do YOU want? What is YOUR dream?
They're looking at your life through the lens of their own fears, limitations, and expectations. But they're not the ones who have to live your life. You are.
And there's something far worse than disappointing the people around you. It's reaching the end of your life and realizing you disappointed yourself.
Because the greatest failure isn't trying and falling short, it's never having the courage to find out just how far you could have gone.
Out of all the trading books I’ve read, John Murphy’s Trading with Intermarket Analysis has probably influenced how I trade today the most.
Markets are connected.
Bonds, the US dollar, commodities, equities, sectors and crypto can all give clues about what’s changing beneath the surface.
It taught me to look beyond one chart and ask:
What is confirming the move?
Where is capital rotating?
Where is risk building?
Sometimes that helps find an opportunity.
Sometimes it tells you to reduce risk.
Both matter.
A must have for all traders.
3.6 Roentgen, no more than a chest CXray you know
@drcheruvarun
Sounds like we're going to look back at photos of Delhi air, when some official had remarked
'No more than a cigarette you know'
Remember the Chernobyl scene where the scientists are arguing about how severe the fall out is until the expert points out that their meters only go till 400 or something, when they finally get the high dose counters, the reading is like 5000?