life lessons from trading - by alex - scimitar capital

4) The game is winner takes most. Fill out the circle and cross power law thresholds if you want to make money consistently. 5) It’s easier to hunt as a team. Stacking everybody’s best skills clears more thresholds. Good trading teams are positive sum. The whole is greater than the sum of its parts. 6) Trust is built through iterated trust falls that grow in size. It’s important to calibrate the size of the trust falls well. Too large gets you rugged, too small keeps a relationship from compounding. Generosity goes a long way. Most people here are lonely, so making it fun is a valuable skill. 7) You have to be willing to sacrifice everything if you want to win. Most people don’t actually don’t want it badly enough and that is fine. 8) Play only the games you can learn to win again and again. Calibrate honestly about your abilities and where your competence actually sits in the world. Becoming world class in any game takes intense dedication, courage, and rare talents often shaped from

4) The game is winner takes most. Fill out the circle and cross power law thresholds if you want to make money consistently. 5) It’s easier to hunt as a team. Stacking everybody’s best skills clears more thresholds. Good trading teams are positive sum. The whole is greater than the sum of its parts. 6) Trust is built through iterated trust falls that grow in size. It’s important to calibrate the size of the trust falls well. Too large gets you rugged, too small keeps a relationship from compounding. Generosity goes a long way. Most people here are lonely, so making it fun is a valuable skill.