Have you ever seen the show Hell’s Kitchen with Gordon Ramsay?
There was one episode where he lost his mind (which is most episodes!) because some poor chef kept tasting his risotto every 30 seconds. The chef was so paranoid about getting it wrong that he couldn’t finish cooking the thing.
It reminded me of what I see in traders all the time.
Traders get stuck in this endless loop of “analysis paralysis.”
They check and recheck their strategies like they’re defusing a bomb.
I get it. Nobody wants to serve up a crappy trading strategy like some half-baked risotto.
But here’s the thing – good chefs know when to stop tasting and start serving.
You’ve got to find that sweet spot between careful analysis and pulling the trigger on trading.
Think of it this way:
If Gordon Ramsay spent all night tasting the food, nobody would eat dinner.
The same goes for trading.
At some point, you need to trust your process and take action. Don’t be reckless, but don’t be so overly cautious that you miss out on the experience of trading.
It’s the best teacher!
