Analysts are repeating their 2008 Financial Crisis mistake.
Despite a sharp contraction in leading economic indicators, earnings are being revised upwards
This is a major warning signal
If 1987 is to happen again, next week should be it.
Structurally it’s a different world, but these types of events only rhyme.
Scary proposition I see all over Twitter this weekend.
Workouts are painful.
Controlling your diet takes effort.
Building a business is stressful & uncertain.
Self improvement is not supposed to feel good.
Once you accept that people are going to judge you no matter what you do, but know they will forget about you in 10 seconds because attention spans are abysmal, it becomes easy to stop caring what others think.
At the end of the day, trading is about generating cash. Not about being right. Not about calling the top. Cash money. Grab the cash. Wire it out. Cash flow fixes a lot of problems. Being present and setting boundaries fixes most of the rest.
Like 5-10% of traders make money long term
But guess what
Those numbers are very similar to the number of businesses that make it long term too
I don’t care if 99% failed, I was determined to be in the 1% that made it
Laser focused 💯
You: Complain about not being able to afford this or that and everything is too damn expensive. Argh!
World: Then friggin’ tighten your belt and go out there and make more money. Fixed.
Agree with this statement?
Most people are overwhelmed with “problems” because they don’t have a direction for their life. Prioritized goals help you filter the important problems from the meaningless ones. It is much easier, and fulfilling, to solve a select few problems that propel you forward.