This week I got stuck.
No, it wasn’t trading (my hedge fund team is taking care of that).
It was WRITING A SCRIPT.
I’m a former filmmaker.
And from time to time I still feel the urge to create a short video and channel some of my creative passion into this beautiful art/profession.
Yes, the video is going to be trading related (I just can’t help it :-) ). And because trading is actually what I live for 24/7, writing a script for a short trading-related video should be a piece of a cake.
But it WASN’T.
Here’s the thing:
I simply got too stuck with the “standard rules” of storytelling and scriptwriting I was supposed to follow, like:
The story arc.
The right transition between the different storylines.
The proper flow of the story scenes.
And I could on and on.
So, I struggled through an entire week like this. And at the end of the week, I realized…
…that is EXACTLY how many traders feel as well.
Stuck with too many things we ‘should’ and ‘shouldn’t’ do when it comes to strategy or portfolio development.
OVERTHINKING IT.
OVERANALYZING IT.
But we need to understand that neither the script or a trading strategy need to be over-perfected to make it work.
In fact, many Hollywood scripts are mediocre and still make a TON of money. And so are trading strategies.
So, when you get stuck with too many rules, options, possibilities, hesitations, variables… the very best thing to do actually is…
…just get it done.
After all that struggle I simply finished the script the best I could.
Then I reviewed it and improved the parts I could.
And that was it. It might not be perfect, but it will still do exactly what I want and need it to do, and that’s all that matters.
And in trading, we too need to realize that things do NOT need to be perfect. That’s not even the goal.
So, whatever your current trading focus is, I challenge you:
Set a deadline and get it DONE.
So you can actually TRADE that damn stuff, not keep “perfecting” it forever.
So you can MOVE forward and keep EVOLVING, not being stuck.
That is, in fact, much more important than the idea of never-ending perfection.
Happy trading and don’t forget, that for traders who want to get trading results FASTER and more EFFICIENTLY, they’re still able to join the Empowered Trader Club. (We plan to increase the price soon too).
Tomas
