now I'm 27, my parents are retired early, my wife is amazing, and I'm in the best health that I've ever been - mentally and physically
I've settled down, bought a house, travel the world when I'd like to, and my biggest worry is watering my garden.
truly blessed.
much love🖤🎂
Flood reveals the moment you decide to coast is the exact moment you start dying.
So many people reach a high point and say, "Okay, now I can coast." They assume they can just maintain their current level, but you never just maintain. You always atrophy.
There is always entropy, and it always goes down.
This is the ultimate filter for anyone you spend time with, date, or work for. Are they going out every single day trying to improve themselves? Are they putting in the work to become more intelligent, to become smarter, to become a better trader? That is what it takes to win.
You have to actively fight entropy every single day just to become a better person.
You will continue to follow your strategy and use consistent position sizes..
Until one day you're scrolling through Twitter and some degenerate posts an insane gain on high leverage.
You'll brush it off... Until you see a couple more of these insane profit posts.
Eventually you feel the FOMO.
You full port into an asset because you want those same mega gains.
You're up 5%; you're a genius. This will easily do a 50% from here - maybe 100%.
You go for a walk. Only up 3% now. No biggie.
You take a nap.
Wake up - check - down 2% from entry.
It's okay, it'll bounce back.
You check every 10 seconds, you can't look away.
Down 1% after hours - it's fine 😬
Driving your kids to and from soccer practice. You're checking constantly.
At the dinner table.
During your kid's bed time routine.
You had movie night planned with your wife. You can't stop checking your phone.
Price hasn't moved in 3 hours and you're still checking repeatedly. You tell yourself to sell for a small loss but no everyone else is making huge gains, you will too. Just hold like they did.
You go to bed 2 hours late because you were checking price that didn't move.
You wake up an hour early. You're exhausted.
Down 5% pre market. You're sweating.
You can't eat breakfast. You don't want to talk to your kids.
You're checking price every 5 seconds you can't look away.
Down 8%.
Driving your kids to school; down 10%. You're checking while driving - you don't care about the dangers because your portfolio is down 10%.
Months of gains wiped away in less than 24 hours.
5 minutes until market open. Minutes feel like hours.
Your heart is beating out of your chest.
"If it bounces on market open I'll sell"
Boom markets open. Quick dip - but wait it's bouncing. Up 2% from the lows
"I can't sell this bounce it's going to keep going"
Bam down 8% more in seconds. You're down over 15% now - full port.
You panic you don't know what to do. You throw your keyboard.
You regret breaking your rules because of what you saw online. You're so angry. You start blaming other people for your mistakes.
Down another 2%, you finally panic sell.
-17% portfolio in less than 24 hours.
Stay consistent - don't let outside noise influence your decisions - always manage your risk.
I've seen many people wipe out weeks or months or even years of gains in an instant on one bad decision. You can't let this happen to you.