Best tweets of the year: Part 1 of 3.
(a thread)
"Assets produce income whether you work or not."
-- Robert Kiyosaki @theRealKiyosaki

"You are rich if you wouldn’t change your lifestyle if you got richer."
-- Orange Book @orangebook_

#life #wealth
"Better to live simply and be debt free than to live lavishly and be stressed."
-- James Clear @JamesClear

#lifestyle #debt
"Pressure is not a performance enhancer. Preparedness is."
- Coach Dana Cavalea

#trading #performance
"Few things have humbled more smart people than shorting stocks."
-- Morgan Housel @morganhousel

#markets #stocks
"In trading, every once in a while, you gotta break your rules, so that the market can give you a brutal reminder about why you had them in the first place..."
-- @LoneStockTrader

"It’s so hard to not want things, but it is so important."
--Sahil @shl

#life #philosophy
"When you lose money, it is human nature to want to make it all back twice as fast. Slow down, stay focused, and stick to your strategy. This is what wins in the long run."
-- @TradingComposur

"Think of better and not perfect with your trading. Think of progress and not millions."
-- Mike Bellafiore @MikeBellafiore

"There are few things in life more rewarding than falling in love with an author and reading everything they've ever written."
-- David Perrell @david_perell

#reading #habits
"Never discourage anyone who is making progress regardless how slow."
-- Nick Schmidt @NickSchmidt_

#progress #life
"Volatility is like crack. You see some, have a little dabble and before you know it, your life is ruined."
-- Tom Dante @Trader_Dante

#volatility #trading
"Tips for better sleep:

- No caffeine after lunch and limit alcohol intake
- Sleep/wake at consistent times
- Exercise regularly
- Put phone in a different room
- Consider a melatonin supplement
- Read right before going to bed"

-- Daniel Crosby @danielcrosby

"So simple, yet so underrated:

Make others look good in front of the people they care about most."
-- Shane Parrish, @ShaneAParrish

"Distance doesn't separate people. Silence does."
- Thibault, @Kpaxs

#silence #distance
"So often, it's not losses that hurt our trading psychology; it's unplanned, reactive losses on trades with no edge."
-- Brett Steenbarger, @steenbab

#trading #losses

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More from @traderHMS

13 Mar 19
1/ Have a PLAN

You need to have a solid trading plan. The trouble is that most traders trade without any definitive WRITTEN plan. Trading is a business and all successful businesses need a business plan to guide decisions and operations.
2/ DEFINE your methodology

What exactly is your methodology? If you cannot answer that question, you are not ready to be risking money in the markets.
Read 28 tweets

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