It’s so easy to become disorganized.
Your house is a mess. You aren’t sleeping. You are groggy in the morning. Hungry throughout the day. And you are tired all the time. No amount of sleep is enough. And no amount of relaxation is enough to recharge. Something is…
Day 48 (Writing Everyday)
We may get antsy if our progress is delayed. If we think we should be able to do something, but we are unable to do it, we are willing to beat our heads against a wall until we finish the problem with middling success.
Day 46 (Writing Everyday)
Just as background, I’ve been an avid trader for almost a decade. I started pretty young, and even got 2nd place in my high-school stock trading project.
One thing to really watch out for is the use of margin. If you use a 10x leveraged play…
Day 45 (Writing Everyday)
I’ve been thinking about this quote:
The three big ones in life are wealth, health, and happiness. We pursue them in that order, but their importance is reverse.
from: The Almanac of Naval Ravikant
There is a lot of truth to this. People are so focused…
Day 44 (Writing Everyday)
In business, predictability and trust is essential. When a task needs to get done, it is essential that a timeline is given and followed. While it is great to be ambitious, it is actually disastrous if failed timelines push back even more timelines.
Appropriately planning items…
What does someone do about tiredness? Work and tiredness. Do they go hand in hand? I will honestly say, it’s beena. while since I’ve been more tired of work. I feel like this sort if mental exhaustion is unwarranted. Something is sapping my energy. I need to figure out what it is.
Right now, it seems like no matter what the motivation is, I deflate. If I turn off my brain, and my emotions, I can churn out work.
I wonder what is it, that’s causing me to deflate? Because it’s affecting my life during, and after work.
I meed to fix this.
One of the most important resources to manage is your mental energy. If you are out, there isn’t much you can do.
So manage it. Make sure to keep that energy up. Ensure that you use your limited energy on the important things. If you do that, you can keep making progress. If you are almost out of energy, take a break and recuperate.
Day 41 (Writing Everyday)
As a stock runs up, risk reward decreases. Make sure to appropriately scale out when risk increases. Do not lever in more as a stock runs. It’s generally a bad ideas as it ruins your risk/reward.
If you win big, get out. Increasing your lever after winning, is just asking for a win to turn into a loss.