Be careful not to get lured into stocks too soon just because the indexes are bouncing. If you recall, for months the Dow made new highs while virtually every breakout failed in just 1-3 days. Stock traders that took comfort in the Dow as a sign of market health got it wrong.

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The most successful stock trader from America & the winner of all the trading competitions he competes in.

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A 🧵thread...

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1/ Here’s a list of conversational frameworks I’ve picked up that have been helpful.

Please add your own.

2/ The Magic Question: "What would need to be true for you


3/ On evaluating where someone’s head is at regarding a topic they are being wishy-washy about or delaying.

“Gun to the head—what would you decide now?”

“Fast forward 6 months after your sabbatical--how would you decide: what criteria is most important to you?”

4/ Other Q’s re: decisions:

“Putting aside a list of pros/cons, what’s the *one* reason you’re doing this?” “Why is that the most important reason?”

“What’s end-game here?”

“What does success look like in a world where you pick that path?”

5/ When listening, after empathizing, and wanting to help them make their own decisions without imposing your world view:

“What would the best version of yourself do”?