💡Mind Hack💡
— Otherize yourself —
What the hell does that mean??
Well....this has to be a Thread because it’s too good to be watered down into one tweet
Ready to hack your brain and take control over your perspective??
Let’s jump in...
[THREAD]
You invite everyone over for football
Your boys start getting a load on and....[Glass shatters]
Your buddy just dropped a beer bottle on the ground and it shattered
Beer is everywhere
What’s your response?
👇🏼
“It’s all good bro, it’s just a beer. Grab a few paper towels, no biggie!”
But if you droppped the glass, what would your response be like?
You be PISSED as yourself
You’d call yourself names and get mad
Why?
👇🏼
“Ok...it’s just a glass and some beer, no biggie”
You seen the situation for what it IS
But when you do it, you see the situation differently
👇🏼
Your buddy just found out he failed his exam
You see he’s frustrated
What’s your response to his situation?
You tell him..
“Hey man, no big deal it’s just one test. You’ll get a good grade on the next one. It’s not the end of the world!”
👇🏼
He failed the test
What can he do about it now?
Focus on studying for the next one and not worrying about the last test
What you SHOULD do is consult yourself the same way you consulted your friend
Look at your OWN situation objectively
Break it up
Strip it’s layers
What’s ACTUALLY happening?
👇🏼
What if your friends girlfriend just broke up with him?
You’d tell him...
“Hey man, it’s ok. There are millions of women. You’ll be ok. Focus on your mission. You’ll meet women who are even better than her! Get out there and socialize!”
...
👇🏼
Why did the advice change?
*Act how you told your friend to act
Because we objectively view our friends situation but fail to do so in our own situation
This is why you need to OTHERIZE your situation
*What advice would you give to your buddy in the same situation?
*How would you tell him to act or think?
DO that!!
This will result in better results and a more positive attitude
2) Before reactions, take a deep breath and think objectively
3) What’s ACTUALLY happening? Forget about what you want, what you think, what it should be—focus on what IS
4) Strip the situation down into layers, break it into pieces
If you enjoyed it, please RT and drop a comment with some feedback
Also, Sign up for my Free email listing below to get MORE tips like this 👇🏼
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More from All
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
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
• 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
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.
• Identified a reversal and sold puts
• Puts decayed a lot
• 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
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I might have a panic attack due to excitement!!
Read this thread to the end...I just had an epiphany and my mind is blown. Actually, more than blown. More like OBLITERATED! This is the thing! This is the thing that will blow the entire thing out of the water!
Tik Tok pic.twitter.com/8X3oMxvncP
— Scotty Mar10 (@Allenma15086871) December 29, 2020
Has this man been concealing his true identity?
Is this man a supposed 'dead' Seal Team Six soldier?
Witness protection to be kept safe until the right moment when all will be revealed?!
Who ELSE is alive that may have faked their death/gone into witness protection?
Were "golden tickets" inside the envelopes??
Are these "golden tickets" going to lead to their ultimate undoing?
Review crumbs on the board re: 'gold'.
#SEALTeam6 Trump re-tweeted this.