Many people have heard of it but I should just share it here anyway. Basically the 80/20 rule is based on a concept that few imputes scout for a large majority of outputs. This is expressed most famously in the global wealth gap where only 1% of the population controls 40% of all wealth. This is gap between inputs and outputs can also be found between what people work at and what they actually accomplish. For example, when some people are supposed to work on a task online they get sucked into a void of social media, video or forum browsing and most of the time they delegate to working is actually spent procrastinating. The reason I’m writing this is to first say that you need to stop procrastinating, and this rule can be applied to trading as well. On average around 80% of the most profitable setups come from 20% of the signals. So what I suggest is that you slow down when trading. As we all know making a quick decision can be difficult especially when trading. so if you are new to the markets you should try going up a time frame and slowing down to think about why you take a specific trade, or more so why you should not.