Frozen

Frozen? 

It’s ok. 

Breathe. 

You need to acknowledge that you’re frozen. 

Without that, the next step won’t come. 

It’s normal to freeze sometimes. Just acknowledge it. Then learn. 

For example, I acknowledge that I’m currently frozen wrt to the USDINR short trade. Missed entry. Next opportunity to enter never developed for me, and the underlying is currently in free fall. Don’t have the guts to short it at this level. Yeah, I’m frozen all right.

However, the fact that I’m acknowledging it opens up the learning window. 

Why did I miss entry?

I know why I froze. Fear. What I need to understand is why I allowed a situation to develop that would lead to fear. 

Ok. 

Was running super busy. 

Neglected the underlying. 

Kept postponing entry… 

… till free-fall started. 

It’s good to be busy. 

Hmmm, so this can happen again. 

How do I stop this from happening again? 

If I ID a setup, I need to take it. 

No second-guessing. 

What about strategy? 

Meaning, am I going with a short strategy for USDINR? Or am I keeping the window open for a long strategy?

See, that’s it.

Keeping short and long windows open makes me second-guess all the time. 

So can I go in one-direction wrt USDINR all the time? 

What speaks for it? 

Underlying is falling from a height. Good. 

Short only means no second-guessing. You just go short, period. 

Stoploss will save ruin. 

Not nipping profits in the bud will amass fortunes. 

Can the underlying keep falling over the next few years? 

Why not? Modi’s looking set for 2019. 

Hmmm, so a short only strategy has a lot going for itself. 

There’s more. Future month contracts are quoted at a premium. The premium evaporates over the current month. This move is in your favour if you’re short. 

Ok, enough. 

Yeah, there’s enough on the table to warrant a short only strategy for USDINR. 

SEE? 

Learning process. 

Why did it happen?

Because I acknowledged that I had frozen. 

Now, my strategy is more fine-tuned and I’m probably less prone to second-guessing. 

You need to pull off such stuff when you freeze. 

Use the freeze to evolve. 

Happy Sixth Birthday, Magic Bull!

Phews…

…game’s getting interesting…

…as we turn six. 

We’re thinking of endgame scenarios. 

We don’t consider endgame-discussion to be silly anymore. 

We’re not treating an endgame as far-off. 

We’re financial-health-conscious. 

We’re learning to detest debt. 

We understand that debt is a virus. 

It starts to eat us up from inside. 

The only avenue when we do consider debt as a tool is when cashflow fills up any void soon enough, annihilating whatever debt that’s been incurred. 

Debt-free-ness is our goal. 

Maintenance of debt-free-ness becomes our natural endeavour. 

Why?

Such a condition leads to burgeoning financial health,…

… ultimately culminating in full financial freedom. 

We take “two minutes of freedom” to think about what financial freedom means. 

Not needing to worry about repayment of any bill, whenever, whatever, however much…wow!

That’s where we want to be. 

If we’re not there yet, we’re defining conditions that’ll get us there. 

If we’re there, we’re ultimately starting to realize, that one can’t eat money. 

Money is a force. It’s physical existence is in the form of paper. However, the force nature of money is what we’re in the process of understanding. 

Force can be used to do the highest good, but also its opposite. 

A part of our excess force is diverted towards doing good. 

Charity. 

Upliftment.

Legacy. 

What are we if we don’t leave behind a legacy?

What will we have lived for?

This is our one shot, and it’s a big one. 

We’re making it count.

Slowly, realization is taking over. 

We’re evolving. That’s one side-effect of financial freedom, but one needs to want to evolve too. 

Our evolution is making us divert more and more funds towards the greater good. 

We’ll take that. That’s fantastic. No further discussion required. 

Happy reading!

🙂

Lost for Words, Mr. Nath? 

Yeah, sometimes I really am. 

With very few people, and in very few situations. 

Call it Karma. 

That’s not the point. 

In the event you find yourself in a similar situation, we’re here to size up options. 

What do we fall back on? 

Silence. 

In its solitude, a thought processes emerges. 

What are we looking for? 

Cool, calm straight-forward common sense.

Found it? 

It will speak to you. 

Let it. 

It’s got the words, remember? You don’t. 

Listen to it. 

What’s it telling you to do? 

Difficult? 

Can you do it? A yes is great here. You’re sorted already. 

No? 

Next option. 

Nothing. 

Can you sit tight? Doing nothing? Till your path emerges? Yes is good. 

No? 

Ok. 

Can you stop yourself from doing the wrong thing? 

Wrong? 

Violence, anger etc. You got it? 

How, you ask? 

Occupy yourself with something else more captivating. Possible? A yes here is your last “amicable” option. 

If it’s still a no, you might want to consider new company, or a new environment. 

Sometimes, we get stuck in life. With a person. And / or in a situation. For good reasons, we can’t get out. What’s the silver lining? 

Learning. 

Our difficult situation is ironing out some fault within us. As long as the fault remains, the situation seems desperate. No fault anymore? Situation vanishes. 

It’s called evolution. 

We don’t evolve for free.

Similarly, we don’t learn to navigate through the markets for free. 

Difficult situations teach us. They cost money.

We survive small losses through the learning process, to win big later. We want the learning process to come at an early stage, when the stakes are low. 

The biggest wins come when we use our evolution to capitalize upon a difficult situation, because we know its nuances. That’s good for the markets. 

In real life it won’t pay to take advantage of somebody’s nuances. That’s actually devolving. 

Maintaining perspective between market life and real life is an evolutionary exercise too. 

Evolution Anyone?

What kind of a game do you prefer?

Do you like to play without challenge? Where you won’t be pushed, to your limit perhaps? Where you know the solutions? Where you’re king?

Or, do you like the game to challenge you? The game pushes you around. You don’t know the solutions. You’re not king. Do you like that kind of game?

Why am I asking?

Well, simply because I concern myself with growth. 

As in evolution. 

I measure life in evolution per unit time. 

The latter kind of game evolves you. You score heavily, though this might not show on the outside, yet. It will eventually. Big time. Promise. 

The former kind of game deceives you. You kinda start believing you’re actually king, and start behaving like one too. The fall from a height can be so heavy, that it can decapacitate you, forever. Who would want that? Not even you. But you’re too busy playing king to remember. This is the reminder, right here, right now. 

Wake up pal, to the coffee. 

Play some latter games. Try converting loser odds to winning ones. That’s the big league. 

If you’re king, fine, be a good one. Do good to many. Make it count. In your spare time, though, do some other stuff which takes you into uncharted territory. That’ll round you off as a king. 

What is it about uncharted territory?

Eventually you’ll find yourself in one. It just happens, suddenly. 

What do you count upon?

Assets. 

Ability to not panic. 

Clear thinking. 

Savings. 

Relationships. 

Gut-feel. 

Courage. 

Mental strength. 

Fill in the blanks. 

All of the above have to be developed / nurtured. In some way or the other, all of the above come by charting new territories. A new relationship is nurtured into a solid life-long asset. A new job becomes a steady earner. Savings accrue. Mental / intuitive assets strengthen themselves by being exposed to tricky situations. These will always be there for you, in your next situation. 

Don’t be a bore. Take that calculated jump. No one’s asking you to jump off the cliff. However, times are such that you’ll need to think out of the box, again and again, and again. 

Happy Fifth Birthday, Magic Bull!

Turning 5, tick-tock, how time flies!

Has the game changed? 

No. 

What are we in it for? Why do we play?

Bread and butter. Security. Children, their future. Ourselves. Goals. Luxury. Whatever makes us tick. 

Each time we tick, let’s tick better. 

Mistakes mean learning. We’re seeing them as tuition fees, because mistakes cost money. They are the only real learning. You learn when you’re hit. You learn from the pain. 

All other learning is – paper learning. It doesn’t translate into our DNA easily (or at all). For DNA-translation, there needs to be a biochemical change in the body. Metamorphosis. If paper-learning does that for you, well, you’re lucky. Count your blessings. To be envied. 

Rewards bring hubris. 

Hubris makes us vulnerable. 

How?

We get lazy and are caught napping. Off-guard. Hubris-condition coupled with big market-mistake can mean downfall. Don’t want to take names, but exactly this has happened to many. 

What is it about success? What does it do to the human being? Why do we stop being ourselves once we succeed? Why do we stop learning once we succeed?

Yet, each one of us strives for success. 

Can we remember to behave ourselves once we succeed? 

What kind of behaviour are we talking about?

The same behaviour that paved the way for success. Can we maintain that same standard of behaviour? Why is that difficult? It becomes difficult because the after-party causes hangovers. Let’s just scrap the after-party. Let’s continue to be ourselves even after we succeed. 

Instead of the after-party, let’s do something for society, for example. We can even pursue a constructive side-game, which has nothing to do with the main-game. It keeps us ticking on a different level. 

It’s important to tick. The opposite of that is stagnation. Ticking means evolution. 

Evolution means that the next time you take a shot, you’ve better at your game. You’ve evolved because of past learning. You are human capital, remember?

Happy Ticking!

🙂

1-2-3 … Screenshot!

Move over selfie.

The screenshot is here. 

It’s changing your style of work. It’s adding to your seamlessness. You can’t ignore it anymore. It’s there to stay… and evolve. 

In the late ‘00s, I used to struggle with it. 

My banker alerted me to the fact that screenshots existed. I was having some issue while net-banking. Banker asks me to email screenshot. I’m going like what’s that? Banker’s telling me to press F12. Then open Paint. Paste it there. Save as jpeg. Email jpeg.

Till the ‘10s started, I really couldn’t get the hang of the screenshot on my IBM-compatible laptop. Yeah, above procedure looks scary. It’s possibly the most complicated way of doing a screenshot.

Today, it’s as easy to do a screenshot as it is to snap your fingers. 

Apple asks you to press Shift-Command-3 for shooting the whole screen, and Shift-Command-4 for cropping before shooting. IBM-compatibles still require F12, I think, but saving as jpeg and cropping got easier, I think it’s a mouse-right-click away. 

Screenshots are bread and butter to how one can amplify one’s seamlessness. 

You shoot a screenshot, and it is automatically stored in your Dropbox. Big thing is, you know where it is. You are not frozen by the upcoming task of looking for it. It’s in your Dropbox. Period. 

Evernote even allows you to auto-send a screenshot as a note to itself. That’s as seamless as it gets. 

On the mobile, the shooting feature still has a snag or two. 

It’s normally a two-button combination, pressed in tandem. Half the time, you end up pressing one button before the other, leading to some other undesired outcome and no screenshot. That’s a little irritating. This has given birth to screenshot apps. However, switching such an app on, clicking, and switching off is cumbersome. I stick to the two-button combination, and take the mishits in my stride. 

Once a screenshot is clicked on the mobile, or clicked and cropped, it is automatically stored for example in Photos, or Dropbox, and you have the option of sharing it at will, with any app. That is so powerful. You can Whatsapp it, email it, add to Evernote, Instagram it, whatever you like. On the mobile, your screenshot gets a ticket to travel to the rest of the world, In a flash. Yeah, the mobile is using the screenshot maximally. 

This one powerful entity called the screenshot has greatly reduced turnover time. 

You can express yourself optimally with the screenshot, and get someone to react instantaneously with a counter-screenshot. 

You can use it for fun. Shopping. Approval. Proof. Entry. Whatever. 

Don’t forget to crop. 

You don’t want useless stuff being shared. Crop your screenshot. Only share what is required and is the subject of discussion / approval / fun. 

No cropping can mean sometimes that material goes through (is shared) which is private, and its sharing affects you adversely. So be careful. Crop. 

Everyone adapts the screenshot in their own way, to enhance their own style. 

If you use the screenshot differently, in a way that is not listed here, please do share your input in the comments section, so that everyone can benefit by your input. 

Thanks. 

🙂