The hardest thing about entrepreneurship, real estate, or anything else worth doing:

You have to be able to look at incomplete information...

Or a complicated problem without a clear-cut solution...

And make a good decision on which way to proceed.

A thread 👇👇👇

There is nobody who can take you by the hand and lead you through a step by step guide to win.

Everybody's journey is different.

The 1,000 important decisions I made to win will look nothing like yours.

This is why success is so hard to teach..
Because there is one skill you need to have to win:

Resourcefulness.

The ability to find what you need and figure out solutions to problems that there are no correct answers to.
Life isn't a textbook.

You can't turn three pages back and look up the answer. You can't ask a teacher.

When you are an entrepreneur there is nobody out there who can help you answer problems except YOU.
And this is the opposite of what most people are used to doing.

High school and college teach you to comply and look up the answer and memorize. Google gives us answers to any question we have at our finger tips.

Except what to do when a problem in your business arises.
Or what to do when you get asked a hard question that you don't know the answer to on a conference call with a customer, partner or investor.

So how do you become resourceful?
You practice it. You explore and get out of your comfort zone as often as possible.

You challenge yourself.

You read books not to read them but to try to apply the frameworks to how you make decisions based on what you know to be true.
You mess up a lot. But if you use your head you can keep from sinking the ship. And live through them to fight another day.

And you can get better. And adjust. And have an open mind. And learn.
And you develop an intuition.

A sixth sense.

And you can make quick decisions with confidence.

And you win.
@threadreaderapp unroll

More from Nick Huber

You May Also Like

MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria

How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

• When to sell
• How to do Adjustments
• Exit


Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in


1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr

• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only


2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.

• Identified a reversal and sold puts

• Puts decayed a lot

• When achieved 2% profit through puts then sold