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friendly reminder:
just a few weeks ago people were debating whether or not the AI rally was a 'bubble' or not,
and real people argued it wasn't.
they watched crypto inflate and pop several times over a decade,
they saw metals + Oil mimic that behavior recently,
they studied history where the same thing happened in the stock market dozens of times,
and they genuinely convinced themselves that this time would be different, nonetheless.
something we all meme and joke about.
unironically, it really is how the average person trades
and the 'average' will always comprise of the majority of people
so an easy way to instill confidence in your abilities is to remind yourself how much your counterparty sucks.
you don't need to have incredible intellect, or insider info.
you just have to suck less than the majority of people, which will always think and operate the same way each and every single time.
opportunity is abundant.
remember this for the next bubble
thank yourself later.