Aim for Mediocrity
Standing on the cusp of 2021, life can be exhausting.
No matter where we look on social media, we will find people who seem wealthier, luckier, prettier, healthier, more popular, smarter, happier than us.
As highly ambitious people, what are we to do?
A solution to consider👇🏾
1) Aim to be mediocre at most things.
2) Celebrate this mediocrity.
3) Then focus on excellence at a few things.
4) Make sure those few things align with my passions, my strengths, and what the world needs.
contd.👇🏾
6) Find rewards in the act of getting better, not in immediate external feedback.
7) Get clarity on what rewards really matter.
8) Trust that those rewards will come.
9) Tweak my approach as I learn more.
Very few smart & ambitious people recognize this.
This isn’t about giving up or "being a loser".
It’s about recognizing that very few of the things that bring us lifelong anxiety actually matter, when all is said & done.
My answer:
Life principles.
I’ll leave you with some of my life principles below.
They are always work in progress, but the ones below have stayed stable for the past 3-4 years.
I am not saying these should be YOUR life principles or ANYONE’s life principles. Examples are useful for clear writing, so view them as merely an example of what’s worked/working for one person. If something resonates, consider adopting it. If something repels, ignore it
I do want to be the wisest person I personally know. To do this, I want to learn from everyone I come in contact with. Everyone.
I want to continue learning my craft as best as I possibly can.
(in my case, this craft is mainly product management)
(this principle has lasted the longest in my list, approximately the past 15 years)
I accept mediocrity in other aspects of my life.
Sometimes I’ll do better than mediocre (great)
Other times, I’ll do worse (not great, but fine)
Just be good-enough to avoid disaster.
https://t.co/caZwkypKAw
Standing on the cusp of 2021, life can be exhausting.
— Shreyas Doshi (@shreyas) December 28, 2020
No matter where we look on social media, we will find people who seem wealthier, luckier, prettier, healthier, more popular, smarter, happier than us.
As highly ambitious people, what are we to do?
A solution to consider\U0001f447\U0001f3fe
More from Shreyas Doshi
(should also be useful for Eng, Design, Data Science, Mktg, Ops folks who want to get better at PM work or want to build more empathy for your PM friends ☺️)
(oh, and pls also share *your* favorite resources below)
👇🏾
1/
Product Management - Start Here by @cagan
(hard to go wrong if you start with Marty Cagan’s
2/
Tips for Breaking into PM by @sriramk
(I’ve recommended this thread in my DMs more often than any other thread, by a pretty wide
Breaking into PMing - a \U0001f9f5 // A question folks from eng/design/other functions often have how to become a PM in a tech co.
— Sriram Krishnan (@sriramk) April 14, 2020
It can seem non-obvious and differs with each company but here are some patterns I've seen work. All the below assumes you have no PMing on your resume.
3/
Top 100 Product Management Resources by @sachinrekhi
(well-categorized index so you can focus on whatever’s most useful right
4/
Brief interruption.
It’s important to understand your preferred learning style and go all in on that learning style (vs. struggling / procrastinating as you force a non-preferred learning
There is no One Correct Way\u2122 to learn
— Shreyas Doshi (@shreyas) August 15, 2020
Don\u2019t feel pressured to read 70 books/year just becos Super-Successful Person X does that
Videos, Podcasts, Audiobooks, Discussions\u2014all are fine
What to do:
Understand your preferred learning style
Don't resist it, embrace it
Commit to it
More from Life
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One of those strategies which I like is Iron Fly✈️
Few important points on Iron fly stategy
This is fixed loss🔴 defined stategy ,so you are aware of your losses . You know your risk ⚠️and breakeven points to exit the positions.
Risk is defined , so at psychological🧠 level you are at peace🙋♀️
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.
A small tribute/gift to members
Screeners
technical screeners - intraday and positional both
before proceeding - i have helped you , can i ask you so that it can help someone else too
thank you
positional one
run - find #stock - draw chart - find levels
1- Stocks closing daily 2% up from 5 days
https://t.co/gTZrYY3Nht
2- Weekly breakout
https://t.co/1f4ahEolYB
3- Breakouts in short term
https://t.co/BI4h0CdgO2
4- Bullish from last 5
intraday screeners
5- 15 minute Stock Breakouts
https://t.co/9eAo82iuNv
6- Intraday Buying seen in the past 15 minutes
https://t.co/XqAJKhLB5G
7- Stocks trading near day's high on 5 min chart with volume BO intraday
https://t.co/flHmm6QXmo
Thank you