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What Can Model Airplanes Teach You About Trading?

I  was  devastated!carefully cut along the line that I had
marked  on  the  wood.
I just couldn't believe it. I was 10 years
old and my dreams were shattered. I neverBut  it  was  still  crooked!
wanted to look at another model airplane
again!I tried once more and then I gave up. And I
never  made  a  model  airplane  again!
But I'm getting ahead of myself. Let me
start  at  the  beginning.You see I wanted my first model plane to be
perfect. But I realized that I couldn't
When I was about 8 years old my older brotherachieve  that. And  so  I  gave  up.
got interested in model airplanes. He had
one that was connected to a control handle byYears later I can still remember the
fine wires. It flew around in circles whilstfrustration and disappointment that I felt at
he  stood  in  the  middle  controlling  it.that  moment.
[This was just before radio-controlled planesNow what is the point of my telling you about
became  popular  -that's  showing  my  age!]my  childhood  traumas?
And  occasionally  he  would  let  me fly it.Novice traders often fall into the trap of
wanting everything to be perfect before they
The first time I flew his plane I was hooked!place a trade. They want all their
indicators to line up and they demand a
I can still smell the fuel and hear the highperfect  candlestick  setup  pattern.
pitched wine of the engine as I caused it to
rise and dip as this fast moving object triedPerfectionism has no place in the stock
to  pull  my  arm  off!market.
I wanted one for myself. But I guess myNow, I'm not saying that you shouldn't try
parents thought I was too young. So it wasand  be  the  best  trader  you  can  be.
some time later and after saving my pocket
money for what seemed an eternity that IBut accept that you will never know all there
finally got to buy my own model aircraft kit.is to know. And that you will have to make
your trading decisions based on imperfect
I can remember going into the hobby shop andinformation.
choosing which one to buy. And then rushing
home  to  get started on putting it together.And despite that realize that you don't need
to  be  perfect  to  be  successful.
I was so excited as I opened the box. And I
got all the balsa wood and other materialsMisguided perfectionism robbed me of pleasure
out on the kitchen table and studied theas a 10 year old. Don't let it rob you of
plans.trading  success.
The first task was to cut the sides of theThe above comments are offered for
body of the plane out of balsa wood. It waseducational purposes only. We are not
a  big  plane and so the body was quite long.providing you with financial advice. We are
simply sharing with you what has and hasn't
The first time I did this I was doing itworked for us personally. If you wish to
freehand.trade or invest in the stock market you
should obtain advice from a registered
So I borrowed my Dad's big metal ruler. And Ilicensed advisor.



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