BC LIFE
Saved by @Alex1Powell

Your thoughts determine your success.

Seven Mental Models That Will Make You Wealthy

=Thread=

 Whether you like it or not,

you are the sum of your habits.

Successful people understand this.

They know that your habits define you.

They shape you in ways that you may not realize.

These are the 7 Metal Models I personally use to program my mind for financial success.
1. Expect Success

It all comes down to your expectations.

Wealthy people expect to be wealthy.

Unlucky people expect the opposite.

Do you really believe that one day you will be able to become wealthy? You should.

This is the first step.

Everything Comes Down to Frame
Read โ€œPsycho-Cyberneticsโ€

It explains how success/self-image are linked.

You are defined by your mental portrait.

This portrait is a combination of past experiences/feelings.

This image is the foundation of our personality.

If you believe that wealth will elude you, it will.
2. Develop a Growth Mindset

Growth Mindset is the idea that you can develop your own abilities. It is the belief in change.ย 

And when you believe in change,

You will enter a world of possibilities.
When you believe in growing,

Your confidence will improve.

You will seek out opportunities to gain experience.

Experience = Growth

Life will begin to look like an adventure.ย 

Embrace change.
3 Understand Debt is Slavery

Anyone with debt is a slave to the banking industry.
I know colleagues that paid 200K for a college degree and are paying it off in their 40s.

They live in everyday life in fear, just like prisoners.

This is no way for a man to live.
3b Understand Debt is Slavery

I am not saying to avoid all debt. But be smart about it. Understand you need to pay it off quickly.

Once you pay off all your debts.
Your mind will change for the better.

It will become free.
You will sleep better at night.
4. Embrace the Stoic Mindset

You will never have enough when you look at what you own. Society is built to leave you wanting more.

It's a Trap.

Instead, compare yourself to those who are poorer.

Your lifestyle will seem a lot richer.

Wealth is all about perspective.
I recommend Meditations by Marcus Aurelius.

It is a journal of his thoughts.ย 

Think like a Roman Emperor.

Train your mind to focus on what you can control.

You can read Mediations + famous Stoic books here ๐Ÿ‘‡
https://t.co/H5C6fvWdpA
5. Think of Making Money as a Game

I think life like it's a video game.ย 

I apply this same concept to wealth.

Try this thought experiment.

What if life were an actual RPG?

Would your stats be when it comes to money?ย 

Knowledge 81
Vision 90
Work Ethic 60
Salesmanship 45
Leveling-up in life is no different than an RPG.

Complete quests (adventures) to gain experience.

Start taking some Real Life Quests. NOW

Start a side hustle.

Start a business.

Learn how to create value.

It's all up to you.
Understand that everything you do in life has meaning.

What you do, becomes who you are.

You can spend $500 on a PS5 or you can purchase the Agency Course (for much less). Build an empire.

Use your time and energy to level up in real life.

Not virtual.
https://t.co/0p4eq6fkiT
6 Turn off the TV

Distance yourself from advertising.

โ€œThrow your TV out the window.โ€ - @robertgriker

Advertising shifts our perception (without you even knowing). It is designed to do that.

Ad executives are trained psychologists.

They know exactly what buttons to push.
Don't believe me? Look around

Everyone buys more than they need.

Why? Because they have been programmed to do so.

Trillions are spent to make you adopt a lifestyle of consumption. That is why most are broke.

They are programmed to be broke.

There is a reason why TV is free.
7 Mindset Shift from Consumerism

โ€œKeeping up with the Jonesesโ€ is a dangerous mentality.

I literally know people who take out loans, to take out more loans. Limit your time spent with the Joneses.

Instead, keep friends that have the same mentality of building toward wealth.
If you love this thread please share it with an RT.

You can find the more complete version on my blog ๐Ÿ‘‡ https://t.co/iQIzXsf9CN

If you want to learn how to create, have fun, all while getting a ton of follows then get Create 24/7 ๐Ÿ‘‡https://t.co/72O1aOlrmN

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And in many cases it can be both.

'So what do I do?'

You learn the 75/25 law.

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Let's address the over thinkers first.

Do you have any idea why you overthink?

'Yea. Because others are judging how shy I am.'

Incorrect.

Others are thinking about themselves, not you.

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Now you stay in your head too much & avoid the present moment.

A major no no in the social world.

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The 25 Worst Pieces of Advice I've Seen

(and why)

// THREAD


1. โ€œFollow your passion.โ€

NO - stop wasting your time. Make money.

Then you use your wealth to pursue your passion.

Build the foundation first.

2. โ€œChoose career over family.โ€

I see so many slaving at their job and itโ€™s usually a dead-end job. They pay little attention to their children. Itโ€™s sad.

If you have to choose one always choose family.

Rich people choose both.

3. โ€œJust walk away.โ€

If someone damages your reputation you need to defend it. Fight hard. Your name is your honor.

4. โ€œNever trust anyone.โ€

Jaded people think like this.

Yes, humans make decisions in their best interests.

That our nature. Deal with it.

"Never trust anyone" is a reflection of personal darkness.
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following things about me
I find my skin crawling and my defences up
I don't do this naturally, it just is.
When I am with my team and we're discussing stuff, I dodge all the unnecessary stuff
I don't want to know who is doing that bad thing or who is not performing up to par

I find it nauseating to say the least
Talking ill of people even when it ought to be discussed
A brother caught covid from his girlfriend
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Someone pointed my attention to it and I felt somehow
Like the person wanted to

force-feed me poison
The person meant well and I should know what is going on but I really couldn't bear the heaviness of such talks
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Simple and effective way 2 make Money


Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.
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