It's Easy To Get Better. But Better At What?
"So someone's good at taking down an opponent, but that doesn't make them more community-minded, or modest, or well-prepared for any circumstance, or more tolerant of the faults of others."
—Marcus Aurelius, Meditations, 7.52
Today's meditation is interesting again and it's a reminder that we shouldn't be striving to improve, if it impacts on us neglecting other areas of our lives.
When we look at this from a trading perspective, it most certainly pays dividends to stick to tried and trusted strategies, because this means you are not trading every horse race, football match, greyhound race, tennis game etc. etc. You are only trading what meets the rules/criteria for your strategies and not trading spontaneously out of impulse, so you are having plenty of breaks from trading and the other areas of your busy personal/family lives are not suffering as a consequence.
It is important to have the right balance, whether that be from trading, working, leisure time, family commitments etc. etc.
The last thing that we want to do, is neglect other areas of our busy lives, because of trading.
So yes, we turn up every day that we can to repetitively practice, so that we get to know our strategies inside out and back to front. However, it also means that we are not over trading and in danger of becoming complacent or negligent, due to a lack of concentration because we haven't had sufficient time away from the computer screen!
There must be a happy medium and trading using strategies, really helps us achieve this and keep us fresh when we are trading and for all the other things that we have going on in our busy lives.
If we can improve on our trading journey, even by the tiniest fraction each day, we are developing a consistently confident mindset and our long term results will back this up.
Remember, slow and steady wins the race and less is more.
Give yourself the time to achieve other important tasks in your busy, daily lives.