One important aspect to taking risks in markets that doesn't get discussed enough is not just belief in the market but belief in yourself.
I'm confident taking risks because I know worst case scenario I could lose it all and I'd find a way to grind it back. I'd get a job where I can be on my computer all day and laser focus on either building or trading my way back up.
Having a delusional level of self-belief in yourself is important, having the actual skills and evidence to encourage that belief and make it slightly less delusional is even more important.
Spend time educating yourself, learning new skills, generally just doing things and succeeding at them until you have a core belief that whatever happens, you will come out on top.
My life view is essentially anti-victim, anti-fragile, I know whatever happens I will be ok. A nuke could hit the US and I'd be like alright, I have a bunch of survival skills, let's do this. Carry that mindset into all aspects of your life, live a life that results in having a good head on your shoulders and draw from that well of confidence.
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One important aspect to taking risks in markets that doesn't get discussed enough is not just belief in the market but belief in yourself.
I'm confident taking risks because I know worst case scenario I could lose it all and I'd find a way to grind it back. I'd get a job where I can be on my computer all day and laser focus on either building or trading my way back up.
Having a delusional level of self-belief in yourself is important, having the actual skills and evidence to encourage that belief and make it slightly less delusional is even more important.
Spend time educating yourself, learning new skills, generally just doing things and succeeding at them until you have a core belief that whatever happens, you will come out on top.
My life view is essentially anti-victim, anti-fragile, I know whatever happens I will be ok. A nuke could hit the US and I'd be like alright, I have a bunch of survival skills, let's do this. Carry that mindset into all aspects of your life, live a life that results in having a good head on your shoulders and draw from that well of confidence.