04/08/2021
Hands up if you’ve already taken something from this book and implemented it into your life...
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The reason why 80/20 rule works so well for me especially when it comes to trading, is that the 80% comes into analysis and being honest thats the easy part but it doesn’t really hold much of a significant value on taking you to the next destination, I could be the best analysis in the world but if I can’t execute at the correct time then its its pointless. Im not saying it’s unimportant but the ex*****on at the right time is what matters.
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The ex*****on is the 20% Thats what I’m really interested in, these are the high probability trades, the ones that ALL confluences are met these trades will take me towards the next goal, the next target, the next stage. This is the area you want to focus on, the rewarding part
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Don’t put 80% of your focus into an insignificant area, yes analysis is important but not as important as your ex*****on. Focus with a different angle and get the progress you’ve been searching for!
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