Many of your biggest gains/losses will come from Max Black Swan Events
OIL madness earlier BTC Crypto Madness COVID Madness 20-21 NFT Madness 2021
FTX to me is big deal (Sticky fingers in many things) I see big opportunity from this. Different than above but where my head is
The goal is to BE PATIENT... You wanna stack a bag fast sometimes you need to wait weeks, months, even year for your pitch that you can chop at. Absolutely nothing wrong with that, actually it is arguably the best skill to have
The Ability to Do Nothing = GOKU of traders
Plays right in to the tweets above
The longer you can wait, stalk, allow your pitch to get to you the more potential you have
NOISE is 1 right now and it will crush your - Spirit - Mental - Money you have
Paper cuts although small can still kill you
99% of traders take sub-par set-ups and myself included... Very easy to get lazy and take whatever you want
STRUCTURE YOUR DEALS
There can be no excuse as to why you took something?
- Oh it looked good - Oh I missed it, gotta chase,
- Oh yada yada yada
Those aren't DEALS
Being patient to deploy your hard earned money where you have
- Structured Deals - Favorable Probability
- Favorable Market conditions
Now that is a deal. And more important is is Self Respect
You have no Self Respect for yourself, your money, your future if you continue to do something that doesn't work
Look in the mirror & adjust. It might be hard but your future self deserves the best.
So breathe, slow down. Do you really need to do it? Always ask 🧘This post is based on this twitter thread.