What I Learned From Breaking Bad And How To Apply The Scientific Method To Trading
The other day I was rewatching some episodes from Breaking Bad to get ready for #ElCamino , and I noticed that Walt as a chemistry teacher had an exact formula he followed when manufacturing his product.
Watching that show reminded me of something I learned back in school.
Remember the scientific method?
If not here it is....
🦠🔬Scientific Method Steps🦠🔬
👁Make an Observation.
📍Form a Question.
⏳Form a Hypothesis.
🔦Conduct an Experiment.
📕Analyse the Data and Draw a Conclusion.
Does that ring a bell?
Now, what if we applied those steps to trading and took trading from a scientific approach?
We would naturally over time be able to produce the same results if we replicated the same formula over and over again.
Our formula for trading would be perfected, and our results would be superb.
So the question then becomes, where do we lack in our trading process? What experiments do we need to conduct, and do they prove our hypothesis?
We must become more scientific with our trading to achieve the results we want for ourselves and our families.