4-Hour Body Principles in Trading

I was reading The 4-Hour Body by Tim Ferriss and found two quotes that are highly applicable to trading:

On psychology:

Does that mean [the workout routine] won’t work for some people? No, it just means that it will fail for most people. We want to avoid all methods with a high failure rate, even if you believe you are in the diligent minority. In the beginning everyone who starts a program believes they’re in this minority.

Take adherence seriously: will you actually stick with this change until you hit your goal?

If not, find another method, even it it’s less effective and less efficient.

On listening to others:

Everyone you meet (every male, at least) will have a strong opinion about how you should train and eat. for the next two to four weeks, cultivate selective ignorance and refuse to have bike-shed discussions with others. Friends, foes, colleagues, and well-intentioned folks of all stripes will offer distracting and counterproductive additions and alternatives.

Nod, thank them kindly, and step away to do what you’ve planned. Nothing more and nothing different.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s