Achieving goals breeds new ones.
A terrible situation creates misery, but a good situation doesn’t imply happiness.
Happiness takes inner work, gratitude for what’s had.
The good life’s a journey, not a destination.
It’s popular to read advice from highly successful people.
Their advice may be good for THEIR situation, but does it generalize to other circumstances?
Here’s my attempt to distill repeated advice from MANY highly successful people across many distinct circumstances:
[thread]
Achieving goals breeds new ones.
A terrible situation creates misery, but a good situation doesn’t imply happiness.
Happiness takes inner work, gratitude for what’s had.
The good life’s a journey, not a destination.
“Overnight successes” are rare, and are often misidentified. If you look closely, usually the person was practicing for 5-20 years before they were an “overnight success.”
Always be improving.
When young, people usually don’t know what they’re going to “do with their life.” That’s fine!
Life takes crazy, unexpected twists & turns.
Plans are great but expect to modify them.
Be adaptable and on the lookout for great, unexpected opportunities
Attempting hard things will bring stress, fear, and anxiety. If you avoid what you fear (more than is warranted by the level of danger) your potential will be curtailed.
Learn to push through your fears to do stressful things that are valuable.
Be thoughtful about who you are friends with, whether you spend enough quality time with your loved ones, etc.
Spending time with the wrong people will waste time or even sap potential.
Make enough time for the people that matter most to you
People will ask many things from you. If you always say yes it will drain energy & focus.
Say “yes” to your loved ones.
For others, consider if you realistically have the bandwidth without taking away from valued priorities. If not, give an authentic “no.”
Exercise regularly, reduce sugar, eat healthy foods that make you feel good, avoid excessive alcohol, meditate regularly, and seek treatment for mental health challenges.
Good health has ripple effects, and will help you achieve your goals.
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A THREAD ON @SarangSood
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
