03 January 2020

Perfect Is The Enemy Of Profitable


"Perfectionism and procrastination have such a fine line. You say, 'Well, I want it to be good. I want it to be perfect.' But what you're really doing is not doing your work. You're putting off showing up and being visible because then you're going to be judged, and it might suck."
--Jen Sincero
=====================
In the world of simple trading, perfect is the enemy of profitable.

Of course it is.

Perfect ends the conversation and prevents the discovery of alternative (perhaps better?) ways.

Perfect reduces the desire to improve.

Perfect kills performance.

That idea becomes more urgent (or certainly should) when we realize that nothing is perfect.

How could it be?

So, if your hero, your cause, your holiday, your background, your relationship, your trading… if it’s not perfect, does that mean you should give it up? Be ashamed of it? Be afraid of it?

We’re surrounded by imperfection. It’s so easy to look at your trading and identify imperfections, criticize it, or worse, shame yourself.

Better, I think, to identify mistakes and problems in your trading and use those things as opportunities for improvement. Mistakes and errors, once identified and acknowledged (which is exactly why it’s so important to do this), can be improved upon, and progress can be made. But only if you embrace the chance for good.

Imperfect simple trading is an opportunity for better simple trading.

My Most Popular Posts

Follow Me On YouTube

TAOST Topics

How To Trade Emotional Capital simple trading Bitcoin How It Works Simple Day Trading swing trading stalk candidate Daily Simple Trading Habit how to trade Bitcoin trade idea Process price action simple trading tools what to buy what to trade Best Retirement Investments Chart Patterns Focus New Trader Sins Swing Trade TAOST Trading principles TAOST market update day trading lifestyle keep it simple risk risk management support and resistance trading psychology trends Are you too old Confidence FAQ FASTQ How To Invest Income streams It takes as long as it takes MAR Retirement Crisis Retirement Investment Retirement Trading Trade Pattern compounding day in the life of a day trader how to day trade learn to trade performance improvement sell signal side hustle the power of simple trading rules trend persistence ultimate side hustle Buy Signal Coil Distraction How To Trade EUR How to trade SPCE Mistakes Oh S#!t Gap Oil Optimization Process Ownership Portfolio Trade Private Equity Professional Gap Retirement 911 Risk Arbitrage S&P 500 Sacrifice Shooting Star Trading & Poker Trading Components Trading Myths Value Why You're Only 1 Setup Away chaos theory context diversification downtrend extra money financial freedom how much money how to information is the stock market random kis linear regression channel lock limit down meditate money money management negative compounding optimize thinking pandemic position size quantum leap improvement random random market update risk management plan sector selloff simple day trading risk management stock broker trading intraday trading secrets training trend analysis