Cock ups, blunders & mishaps

15/11/2010 | By More

You are either perfect or a liar and nobody is perfect.

Coming to terms with errors is the key to success in anything. If you stop or get put off by losses, errors or mishaps,  you will never see the upside. Upside is always there, but a lot of people never ‘see’ it. Couple losses, cock ups, blunders & mishaps with a bit of psychology and it prevents you from getting to the good bits. It took some time, but I learnt to treat up and downside with equal weight. Psychology tends to do the opposite. Years ago I used to think that positive thinking was a load of bull but slowly I realised that it does actually work. Positive thinking does have its issues but overall it will help you.

Think about negative actions. Can you imagine for example, trying to solve a maze by stopping at the first mistake or by giving up because you keep making errors? No, to solve the maze you try to remember where you went wrong and avoid the mistake. Eventually you will attain success.

I recently forgot to code up a spreadsheet correctly and it failed horribly. It made loss after loss and was a bit of a disaster. By the time I spotted the error I was down hundreds. But….. it taught me something critical about the market, something I hadn’t spotted before. So I modified the spreadsheet and let it loose again with a mercurial change in results. I learnt from my mistakes.

The moral of this story, every mistake is just another step to further progress: –

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Category: General, Psychology

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