Showing posts with label Hans Hoffman. Show all posts
Showing posts with label Hans Hoffman. Show all posts

Saturday, August 26, 2017

A lesson from Steve Jobs


When traders seek improvement, more often than not they will ADD something to their routine or method of selection, or maybe start putting extra indicators on their charts.

Yet most of the successful traders I've had the good fortune to speak to or correspond with only really hit their straps when they REMOVED the superfluous elements from what they were doing.

They developed an understanding of what were the important elements in achieving profitability. They found simplification and clarification in what they were trying to achieve. They got rid of the extra elements or chart indicators they didn't need.

They used Occam's Razor in their approach to the markets.

Now here's a suggestion. Why don't you take the same approach to your thinking?