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If a movie was being made of your life, what would be the story line? —#AnirudhSethi

What plot points would you include if movie were made about your life? 
Do you think it would be entertaining? 
How interested would you be in seeing that film?
Goal setting does not lead to behavioural change in humans. 
While setting goals can help guide the changes we make, it is through actual action that we grow and develop. 
What we habitually engage in becomes part of who we are. 
What we put our energy into grows within us. 
The journey is being made one day at time.
When we stick to the same schedule every day, our lives start to feel mundane. 
The two of us are not going to see that film.
When we rise to meet the challenges we face, every day becomes an opportunity to develop. 
We succeed, we fail, and we are always living some aspect of the person we hope to become. 
That gives our lives some sort of narrative. 
can see how that would make for an entertaining film.
G.I. Gurdjieff recognised that sleep is our worst enemy. 
When we rely on our routines and habits, we drift through life unconsciously. 
Living on autopilot will not get us to where we want to be. 
Thus, development is impossible apart from persistent, deliberate effort.
Look at your life like it’s movie. 
You create the story with the actions you take every day. 
It is true that our actions shape who we are. 
need to know the plot of your story.

Just some supplementary Covid measures being announced from China today it seems

It isn’t much as the NHC just released some supplementary guidelines as noted below:

Just be wary though, that the Hong Kong and Macau governments are expected to introduce easing of Covid measures in the coming hour as well. It is expected that Hong Kong may end the outdoor mask rule and relax testing requirements. The Hang Seng is up over 3% on the day after yesterday’s late fall.

BOE set to raise bank rate by 50 bps next week – Reuters poll

  • 52 of 54 economists said BOE will raise bank rate by 50 bps next week
  • Only 2 economists expect a 75 bps rate hike next week
  • Median chance of 85% that UK economy headed towards a recession within a year
  • Majority of respondents see the recession as one that would be long and shallow
  • The median for the bank rate peak is seen at 4.25%, forecasts ranged between 3.50% and 4.75%

This will follow the 75 bps rate hike in November here. In commenting on the forecasts above, HSBC says that:

“We think it will be a 50 bps rise, taking the bank rate to 3.50%, with risks weighted towards a larger 75 bps move, rather than a smaller 25 bps one.”

Develop a Winning Attitude -#AnirudhSethi

To Achieve Great Results, You Need a Winning Attitude! | by Jeannette  Seibly | ILLUMINATION | MediumBuilding up run of successful trades will do wonders for your confidence. 
Being in the zone is phenomenal experience. 
It’s as if you and the market are one and the same, and the cash just keeps coming.
You can’t expect to succeed in the market without adopting positive frame of mind. 
This doesn’t imply you go into negotiations with the belief that you’re always right, but rather that you’re prepared to settle for whatever the market will give you. 
In addition, your optimistic outlook makes you more open to such possibilities.

Adjust the Trading—-#AnirudhSethi

We’re used to thinking about how our mindset influences our trading, but our trading also influences our psychology. 
We increase the volatility of our returns by extending our holding period. 
Holding trades for longer period of time is essentially sizing up. 
If we trade too large over longer holding period, the negative movements may be too much to bear. 
We must size positions so that they matter if they work out but do not cripple us if they do not. 
We can’t win if we don’t stay in the game. 
second trading adjustment is that will start small and only add if see growing evidence that top/bottom has been established. 
I’m not attempting to identify precise tops and bottoms. 
If anticipate strong market move, don’t need to capture every tick. 
Finally, think it’s important to distinguish between the trade and the underlying idea. 
The trade is simply way to structure good risk/reward in pursuing the idea’s opportunity. 
If the trade does not work out, want to stay mentally sharp and consider what would need to see to re-enter the market. 
That is only possible if the initial trade is small enough to allow for re-entry. 
In short, we want to trade with full awareness of the possibility that this particular trade will not work out, so that bailing out is not considered failure, but rather an opportunity to reconsider the idea.

Being a loser is hard Being a winner is hard

BWINNER says, "It may be difficult but it is possible". The ...eing a loser is not easy.Being a winner isn’t easy, but it’s definitely possible with the right approach.People who make short-term decisions without considering the long-term consequences often end up regretting their choices later on.If you want to be successful, you need to be willing to put in the hard work and delay gratification. The rewards will come later on.Both I and others experience pain.What would you like to do?
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