I suck at doing a lot of things…
Staying organized. Listening to authority. Day trading full-time. Doing dishes.
The list goes on and on.
But the more honest I am to myself about the things I suck at, the better my life becomes...
I'm happier, have less anxiety, and become more effective in business and life.
You see, finding out what you suck at is just as important as figuring out what you're good at…
Because the more sucky things you eliminate from your life, the more time and energy you have for things you excel at doing.
Flipping Impatience On Its Head To Make Money And Save Time
My friends tell me I'm the most impatient person they know.
It's probably true…
I hate waiting in lines. I get angry at slow drivers. And don't even think about asking me to go to a mall close to the holidays.
Lacking patience has caused me a lot of struggle in life.
For example, day trading requires a tremendous amount of patience. Sometimes traders have to sit on their hands and wait for hours, days, or weeks for profitable trade opportunities.
And over-trading is one of the biggest reasons people lose money in the financial markets.
When I was trading all-day every day, I would start off disciplined, but my patience muscle would run out of steam.
The longer I traded throughout a day, the more profit I'd give back.
So what did I do?
I stopped day trading.
I discovered a lack of patience cost me time and money, so I did a couple things…
After a couple years of successfully swing trading Bitcoin, I found my results were much better when I only took a few trades per month.
Not only did I make more money by taking fewer trades, but I also saved a hell of a lot of time.
When I took away the pressure to sit in front of my computer for 4-8 hours a day watching price charts, my trading results and patience excelled.
I also let people with better patience day trade for me.
For example, my wife has the patience of a Buddhist Monk. She can sit and wait for a trade with no pressure to force bad trades.
She trades every day, and her win ratios have gone up every year since she started trading full-time in 2012.
So here's the key takeaway…
By identifying my weakness (lack of patience when day trading), I was able to recognize my strength (swing trading Bitcoin), which saved me time and money.
Four Steps To Use Your Weaknesses To Find Your Strengths
Take a look at your life and ask, “What do I struggle or suck at doing?”
Instead of just getting depressed for having a weakness, flip it on its head…
And find out how you can swap the weakness for a strength.
Here's the four steps to use weaknesses to find your strengths:
- Make a list of the things that are a struggle for you.
- Identify the trait you can label as a weakness.
- Brainstorm possible solutions for leveraging your strengths to eliminate the weakness
What weaknesses have you used to find strengths? Leave me a comment – I'd love to know how you put this to work for you!
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