Consuming more content and information around your goals isn’t going to bring you closer to them.
Most people have consumed a lot of information around what they want but they refuse to act on it, we all think there is some golden advice or trick that will we are missing.
Stop looking around everyday to see if things have changed, they won’t change in a day and this obsessive desire of validation from outcomes is the biggest repellant of outcomes.
i had a friend who read one story on social media about someone breaking into a hotel room, after that she was extremely paranoid in every hotel about ppl breaking in.
@MotwaniVivek Well played. I would say that making sure you can say you are living where you want to live, with the people you want to be with, and doing what you want to do.
Nail those three by 38 you will be happy. Most don’t get one of those. Thank @naval for that one.
A simple method that’s actually worked for me over the years (and yes I have gone down the rabbit hole of ideal productivity, trying to perfect it all etc.)
Information overload makes it impossible to actually get anything done and you are perpetually left unprepared.
Most people resonate with this and they try to find more information on how to fix information overload this is one the most POINTLESS exercises.
Citadel quant, 20M+ nw: yeah i got pretty lucky
Solana trench PnDer, 2M nw: i literally worked so hard bro, nobody else could do what i do, im an elite trader, you have no idea what it takes to operate at this level
In short: if you're the type of person who simply does not allow yourself to slip up, you win. The self-imposed consequence is a feeling of deep inner dissatisfaction that causes you genuine pain. You don't need an external hand like the market blowing your account up to get you to shape up.
Here's a small example: one part of my success was my ability to have a consequence of self-disgust if I were to ever NOT follow my daily and weekly routines and fall behind. It genuinely bothered me. Deeply. Compare that with someone who feels 'meh' about whether or not they complete their diligent trade review on all 7 of their trades that day. It's not hard to see who's going to come out further ahead.
The self-imposed consequences I'm referring to here could also be more pragmatic things like failing to stop out and forcing myself to walk on hot coals for 19 minutes, but really this is about identity-level stuff here. You can't manufacture identity, but when someone holds their OWN bar higher than any external figure would hold it... sheeeesh.
The market will let you get away with a handful of lazy stops or not doing your trade reviews for months on end. But eventually, the external hand will swoop in, grab your wallet, and empty it. The internal hand that doesn't accept even one slip up will come out ahead every time. To be clear, this isn't something you can just read about and apply to yourself in a day, but it is a very strong correlation, I have found.
You might not want to acknowledge it but if George Soros and Paul Tudor Jones were just starting in markets today, they’d 100% be on the timeline making content as they trade like a savage
Soros wrote an entire book while trading and PTJ had his documentary.
But you have this performative idea that “real traders don’t make content”.
Ok boomer