To quote Nietzsche:
āHe who cannot obey himself will be commanded.ā
Most people need an external force to motivate them into action, or to keep them in check morally.
Freedom is the will to be responsible to oneself.
10 HARDCORE LIFE LESSONS FROM FRIEDRICH NIETZSCHE:
To quote Nietzsche:
āHe who cannot obey himself will be commanded.ā
Most people need an external force to motivate them into action, or to keep them in check morally.
Freedom is the will to be responsible to oneself.
Such a man becomes elevated from a yes-man to a Superman.
Nietzsche said:
āYou have your way, and I have my way. As for the right way, the correct way, and the only way, it doesnāt exist!ā
Never let anyone interfere with your life, and you should never interfere with anyoneās life.
Nietzsche said:
āThereās a lot I donāt want to know. Wisdom sets limits, even to knowledgeā
Knowing that you know next to nothing is the beginning of wisdom.
Overconsumption is harmful, whether itās food or knowledge.
Wisdom makes you stoic, but stoicism wonāt make you wise.
Nietzsche said:
āA truths that are kept silent become poisonousā
Your worldview is as unique as your fingerprints.
Never smolder your truth to make anyone comfortable.
Be authentic in everything you say & do.
To quote Nietzsche:
āMeaning and morality of oneās life must come from within oneself. Healthy, strong individuals seek self-expansion by experimenting and living dangerously.ā
Intelligent & creative people do not blindly follow societyās rules.
If you find yourself on the side of the majority, itās time to pause and think.
Nietzsche:
āI go into solitude so as not to drink out of everybodyās cistern. When I am among the many, it feels as if they want to rob me of my soulā
No self-awareness without contemplation.
No contemplation without solitude.
A sound mind is forged from silence, in the kiln of solitude.
Nietzsche said:
āYou must be ready to burn yourself in your own flame. How could you rise anew if you have not first become ashes?ā
For the wise, failure is feedback.
A fear of failure means you are incapable of handling success, and life doesnāt reward the incompetent.
Nietzsche:
āIt is my ambition to say in ten sentences what others say in a bookā
Learn to speak less, or increase the value per word spoken.
You donāt need to do everything, focus on the most essential.
You donāt need 1000 friends, get 10 loyal ones.
You donāt need 10 cars when you can only drive one at a time.
Nietzsche wisely said:
āWhen marrying, ask yourself this question:
Do you believe that you will be able to converse well with this person into your old age?
Everything else in marriage is transitory."
Nietzsche famously said:
āMy formula for greatness in a human being is amor fati: that one wants nothing to be different, not forward, not backward, not in all eternity. Not merely bear what is necessary, still less conceal itā¦ but love it.ā
More from Principles
Shared a lot of wins publicly in 2021, so it feels appropriate to share the losses just as publicly.
Here are my 10 biggest Ls from 2021 (and what I learned from each one):
Dopamine Addiction
Humans were not made for social mediaāthe dopamine hits are dangerous.
I fell victim.
On several occasions, I found myself constantly refreshing my notifications on a viral thread.
It was gross.
Iām learning to physically force separation to avoid it.
Hustle Culture Fail
I spent the better part of the last decade as a hustle culture aficionado.
Then I burned myself out and was totally incapable of thinking creatively.
I made a change. Now I:
ā¢ Work like a lion
ā¢ Sleep 8 hours
ā¢ Take more walks
My life & work have 10Xed.
Solana Fail
I invested in Solana early and was riding high when it hit $30+ in Aprilā10X+ on my investment.
I sold it and thought I was the next Warren Buffett.
Then it hit $100, $200, & $250āas I stubbornly sat on the sidelines refusing to re-enter.
I am not Warren Buffett.
The Hedonic Treadmill
I tweeted this in Mayāand then failed to practice what I preached.
Every win felt a bit less exciting. Itās part of our biology, but it was no way to live.
Measure internally, not externally.
Here are my 10 biggest Ls from 2021 (and what I learned from each one):
Dopamine Addiction
Humans were not made for social mediaāthe dopamine hits are dangerous.
I fell victim.
On several occasions, I found myself constantly refreshing my notifications on a viral thread.
It was gross.
Iām learning to physically force separation to avoid it.
Hustle Culture Fail
I spent the better part of the last decade as a hustle culture aficionado.
Then I burned myself out and was totally incapable of thinking creatively.
I made a change. Now I:
ā¢ Work like a lion
ā¢ Sleep 8 hours
ā¢ Take more walks
My life & work have 10Xed.
Solana Fail
I invested in Solana early and was riding high when it hit $30+ in Aprilā10X+ on my investment.
I sold it and thought I was the next Warren Buffett.
Then it hit $100, $200, & $250āas I stubbornly sat on the sidelines refusing to re-enter.
I am not Warren Buffett.
The Hedonic Treadmill
I tweeted this in Mayāand then failed to practice what I preached.
Every win felt a bit less exciting. Itās part of our biology, but it was no way to live.
Measure internally, not externally.
The Hedonic Treadmill is real.
— Sahil Bloom (@SahilBloom) May 21, 2021
Humans have a tendency to quickly return to a baseline level of happiness after positive events.
Step off the treadmill.
Focus on increasing your happiness baseline, not on the height or frequency of the spikes above it.
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My top 10 tweets of the year
A thread š
https://t.co/xj4js6shhy
https://t.co/b81zoW6u1d
https://t.co/1147it02zs
https://t.co/A7XCU5fC2m
A thread š
https://t.co/xj4js6shhy
Entrepreneur\u2019s mind.
— James Clear (@JamesClear) August 22, 2020
Athlete\u2019s body.
Artist\u2019s soul.
https://t.co/b81zoW6u1d
When you choose who to follow on Twitter, you are choosing your future thoughts.
— James Clear (@JamesClear) October 3, 2020
https://t.co/1147it02zs
Working on a problem reduces the fear of it.
— James Clear (@JamesClear) August 30, 2020
It\u2019s hard to fear a problem when you are making progress on it\u2014even if progress is imperfect and slow.
Action relieves anxiety.
https://t.co/A7XCU5fC2m
We often avoid taking action because we think "I need to learn more," but the best way to learn is often by taking action.
— James Clear (@JamesClear) September 23, 2020
MASTER THREAD on Short Strangles.
Curated the best tweets from the best traders who are exceptional at managing strangles.
ā¢ Positional Strangles
ā¢ Intraday Strangles
ā¢ Position Sizing
ā¢ How to do Adjustments
ā¢ Plenty of Examples
ā¢ When to avoid
ā¢ Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
ā¢ When to sell
ā¢ How to do Adjustments
ā¢ 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
ā¢ Sold Strangles 20% cap used
ā¢ Added 20% cap more when in profit
ā¢ Booked profitable leg and rolled up
ā¢ Kept rolling up profitable leg
ā¢ Booked loss in calls
ā¢ Sold only
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
ā¢ Identified a reversal and sold puts
ā¢ Puts decayed a lot
ā¢ When achieved 2% profit through puts then sold
Curated the best tweets from the best traders who are exceptional at managing strangles.
ā¢ Positional Strangles
ā¢ Intraday Strangles
ā¢ Position Sizing
ā¢ How to do Adjustments
ā¢ Plenty of Examples
ā¢ When to avoid
ā¢ Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
ā¢ When to sell
ā¢ How to do Adjustments
ā¢ Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
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
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
ā¢ Sold Strangles 20% cap used
ā¢ Added 20% cap more when in profit
ā¢ Booked profitable leg and rolled up
ā¢ Kept rolling up profitable leg
ā¢ Booked loss in calls
ā¢ Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
ā¢ Identified a reversal and sold puts
ā¢ Puts decayed a lot
ā¢ When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
I think a plausible explanation is that whatever Corbyn says or does, his critics will denounce - no matter how much hypocrisy it necessitates.
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party
One of the oddest features of the Labour tax row is how raising allowances, which the media allowed the LDs to describe as progressive (in spite of evidence to contrary) through the coalition years, is now seen by everyone as very right wing
— Tom Clark (@prospect_clark) November 2, 2018
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party
