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I took my boys to watch a throwback to the 1980s but also a new movie over the weekend, “Top Gun: Maverick.” I’m not Siskel or Ebert so I won’t do a film review here, but I will say it was tremendous!
We’re here to talk about stocks and the market, so I want to discuss an important lesson in the movie that’s super applicable to trading stocks…
No spoilers here but Maverick is played by Tom Cruise, and he’s a legendary fighter pilot who’s now in his 50s in “Top Gun: Maverick.”
When he was mentoring young pilots, something he kept stressing to them was to stop being so textbook and doing things strictly based on what they learned in school.
In fact, he told them to stop thinking and just do it…
Something that’s so important in trading because if there’s one quality that’s transferable from being a fighter pilot to a great stock trader, it’s finding people who can just shoot and take action.
It’s one of the hardest and most rare qualities to find and have.
You can’t overthink things. You have to have that instinct. Sure, you may lose some money, you can always work your way out of bad trades and live to fight another day.
I’ve seen so many new traders, amateurs and even people I’ve worked with and trained at hedge funds who couldn’t get the hang of “just do it.”
Check out my short video and let’s discuss a stock trading lesson from “Top Gun: Maverick” further!
Are there any topics you’d like to see me cover or questions you’d like answered? Send me an email at jeff@joyofthetrade.com! And be sure to stay ahead of the markets by subscribing to our YouTube channel and our Instagram page for all of the latest!
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