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"How else will you know what setup works when if you don't do the study? Most people just jump in, they follow some random people on the internet who have no clue what they're doing...how many people study, go back and actually study how stocks move, what they move... on? That's your edge, you do something differently, something that 99% of other people are not willing to do and you will have different results than those people, that's the whole point." "Exactly, you get a completely new perspective, and it gives you conviction. And suddenly you won't need discipline and all these other stupid things, you don't need to be meditating 3 hours per day, and other useless trading advice. You figure out what works, well guess what, then you can use whatever works, instead of jumping into the abyss with the crowd."show more

Charlie M

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17,859 görüntüleme • 2 yıl önce •via X (Twitter)

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Mikel Arteta’s beautiful praise to his staff and players. “That's when you have a difficult period. I think the best thing that you can do instead of talk a lot is observe. Look around you and see how people react. How they talk, how they look at you, how they judge you, what they do. Do they look at themselves, do they start to criticise other people? “Look around and you're going to learn the environment and the people that you have around you. “I cannot be prouder to work in a club with people that the only thing they could do is ask, what else can I do to help? “When you have people like this, I don't know if it's gonna take another week or two, but something good it will happen at the end because we deserve it.”

Mikel Arteta’s beautiful praise to his staff and players. “That's when you have a difficult period. I think the best thing that you can do instead of talk a lot is observe. Look around you and see how people react. How they talk, how they look at you, how they judge you, what they do. Do they look at themselves, do they start to criticise other people? “Look around and you're going to learn the environment and the people that you have around you. “I cannot be prouder to work in a club with people that the only thing they could do is ask, what else can I do to help? “When you have people like this, I don't know if it's gonna take another week or two, but something good it will happen at the end because we deserve it.”

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Qullamaggie on Discipline vs. Confidence in Trading "It's not a discipline problem; it's a confidence problem, guys. Discipline is the most overused word in trading. It's never a discipline problem; it's a confidence problem because you haven't put in enough effort to build your confidence. If you study enough, you will build confidence. How many of you have spent 500 hours studying one specific setup, like thousands of historical examples? Be honest; there's maybe I don't know 5% of you. The rest of you haven't put in any effort to build confidence, and that's why these things happen. You have no confidence holding for a big move. You get shaken out on one downtick. You have no confidence because you haven't built it. Most people do all they do is put on some random trades because they haven't internalized the setups yet, and that’s why they all do these random things. They promise to use the 10-day moving average as a trailing stop, then one downtick happens and they're out. We see it daily; people who are struggling to follow the rules. It happens to me too, but it happens less. You got to do both; you got to study hard. You got to out study most people, and you got to combine it with experience.”

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Jordan Peterson: "If you can't fix your room, you can't fix your life" "Why should you even bother improving yourself? The answer is something like: so you don't suffer anymore stupidly than you have to. And maybe so others don't have to either. It's not some casual self-help doctrine. If you don't organize yourself properly, you'll pay for it. In a big way. And so will the people around you." Peterson continues: "You can say, 'Well, I don't care about that.' But that's actually not true, you do care about it. Because if you're in pain, you will care about it. It's very rare that you can find someone in excruciating pain who would say, 'Well, it would be no better if I was out of this.' Pain brings the idea that it would be better if it didn't exist along with it. It's incontrovertible." On how to start: "Look around for something that bothers you and see if you can fix it. You can do this in a room. Sit in your bedroom and think: 'If I wanted to spend ten minutes making this room better, what would I have to do?' You have to ask yourself that, it's a genuine question. And things will pop out. There's a stack of papers bugging you. Some rubbish behind your computer monitor you haven't attended to for six months. Cables tangled up." He explains why this matters: "If you were coming to see me for psychotherapy, the easiest thing would be to get you to organize your room. You think, is that psychotherapy? It depends on how you conceive the limits of your being. Start where you can start. If something announces itself as in need of repair that you could repair, fix it. Fix a hundred things like that, your life will be a lot different." On fixing what you repeat every day: "People tend to think of their daily routines as trivial. You get up, brush your teeth, have breakfast. Those probably constitute 50% of your life. People think, they're mundane, I don't need to pay attention to them. No, that's exactly wrong. The things you do every day are the most important things you do. Hands down. Just do the arithmetic." On staying within your competence: "Sometimes you don't know how to fix something. Imagine you're walking down the street and there's a guy who's alcoholic and schizophrenic and has been homeless for ten years. That's a problem. It would be good if you could fix it, but you haven't got a clue. You walk around that and go find something you could fix. Just because something announces itself as in need of repair doesn't mean it's you, right then and there, who should repair it. You have to have some humility. You don't walk up to a helicopter that isn't working and just start tinkering away." Peterson shares the key insight: "As soon as you give your mind a genuine aim, it'll reconfigure the world in keeping with that aim. That's actually how you see to begin with. You've all seen the video where you watch basketballs being tossed back and forth, and while you're doing that, a gorilla walks into the middle of the video and you don't see it. If you thought about that experiment for five years, that would be about the right amount of time to spend thinking about it." He explains what it reveals: "What it shows you is that you see what you aim at. If you can get one thing through your head, that would be a good one. You see what you aim at. One inference you might draw from that is: be careful what you aim at. What you aim at determines the way the world manifests itself to you. So if the world is manifesting itself in a very negative way, one thing to ask is: are you aiming at the right thing?"

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Katie Phang on the Trump regime's weaponization of the DOJ: "This type of weaponization of prosecution is a telltale sign that they know that they don't have control and they know that they don't have the support of the American people, because that's what you do in an autocracy and that's what you do in a fascist state."

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"You can either produce excellence or you can avoid criticism. But you cannot do both of those. The reason that you don't have certain excellence that you want is because you are afraid of getting criticized. You are afraid of the judgment that comes with it. You are afraid of standing out. You are afraid of being alone. You are afraid of people looking at you. You are worried about what people think of you. There are 2 categories of things in this world: 1) Things that are up to you 2) Things that are not up to you Which category does your reputation sit in? Your reputation is not up to you. I'm the one who associates your reputation with something, not you. You just do things. What's up to you? How you act. Your decisions. Your actions. That is up to you. Your reputation is not up to you. Here's how I know that: You all have a reputation about me and it's not in my control. I get to say and do whatever I say and do up here. I am in control of saying it. I am in control of doing it. The moment words leave my lips, who has control over what is done with those words? You! You are in control of what you think of me. And there's no way everybody in this room is going to think the exact same thing about me. No way. When it comes to exceptional, what we've got to understand is you can spend your whole life trying to avoid criticism and earn reputation, and it still won't be in your control. We can waste a lot of time missing out on excellence we could have been producing if we were just simply LESS trying to engineer what we wanted other people to think about us."

"You can either produce excellence or you can avoid criticism. But you cannot do both of those. The reason that you don't have certain excellence that you want is because you are afraid of getting criticized. You are afraid of the judgment that comes with it. You are afraid of standing out. You are afraid of being alone. You are afraid of people looking at you. You are worried about what people think of you. There are 2 categories of things in this world: 1) Things that are up to you 2) Things that are not up to you Which category does your reputation sit in? Your reputation is not up to you. I'm the one who associates your reputation with something, not you. You just do things. What's up to you? How you act. Your decisions. Your actions. That is up to you. Your reputation is not up to you. Here's how I know that: You all have a reputation about me and it's not in my control. I get to say and do whatever I say and do up here. I am in control of saying it. I am in control of doing it. The moment words leave my lips, who has control over what is done with those words? You! You are in control of what you think of me. And there's no way everybody in this room is going to think the exact same thing about me. No way. When it comes to exceptional, what we've got to understand is you can spend your whole life trying to avoid criticism and earn reputation, and it still won't be in your control. We can waste a lot of time missing out on excellence we could have been producing if we were just simply LESS trying to engineer what we wanted other people to think about us."

Brian Kight

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Clint Eastwood on why other people's opinions don't matter: Clint is asked whether he worries more now, or less, about what other people think of him as a person. He says: "I don't really worry too much about that. People have to think what they think. You can't go out and sell some image to them. That would be false to begin with." He continues: "So you just go ahead and do your work and people will form an opinion about you, good, bad or otherwise. It's up to them. It's not anything you can control anyway. So why bother with it? Why worry about it?" Then he lays out the only standard worth measuring yourself against: "If you live your life and you try to do as well as you can for your community, and be helpful, and do the best work you can, be the best mate or parent you can, then that's the best you."

Clint Eastwood on why other people's opinions don't matter: Clint is asked whether he worries more now, or less, about what other people think of him as a person. He says: "I don't really worry too much about that. People have to think what they think. You can't go out and sell some image to them. That would be false to begin with." He continues: "So you just go ahead and do your work and people will form an opinion about you, good, bad or otherwise. It's up to them. It's not anything you can control anyway. So why bother with it? Why worry about it?" Then he lays out the only standard worth measuring yourself against: "If you live your life and you try to do as well as you can for your community, and be helpful, and do the best work you can, be the best mate or parent you can, then that's the best you."

History Nerd

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"Sales is like dating." Simon Sinek compared a sales call to a first date, and it's one of the best analogies I've heard. Imagine spending an entire date listening to your date talk about how successful they are, how big their house is, and how many famous people they know. You probably won't give them a second chance. Yet that's exactly how most sales calls sound. "We're the biggest company..." "We've been in business for 20 years..." "So and so big company has used our product..." Blah blah blah. Customers already know what you do. What they're trying to figure out is why they should care. As Simon puts it, people "fall in love with doing business with you" because they believe what you believe, not because you happen to have the right price or the longest feature list. People connect with why you do what you do, not just what you have. That sense of purpose creates relationships. And relationships are what customers stay loyal to. Do you think Simon is right?

"Sales is like dating." Simon Sinek compared a sales call to a first date, and it's one of the best analogies I've heard. Imagine spending an entire date listening to your date talk about how successful they are, how big their house is, and how many famous people they know. You probably won't give them a second chance. Yet that's exactly how most sales calls sound. "We're the biggest company..." "We've been in business for 20 years..." "So and so big company has used our product..." Blah blah blah. Customers already know what you do. What they're trying to figure out is why they should care. As Simon puts it, people "fall in love with doing business with you" because they believe what you believe, not because you happen to have the right price or the longest feature list. People connect with why you do what you do, not just what you have. That sense of purpose creates relationships. And relationships are what customers stay loyal to. Do you think Simon is right?

Peace

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