3 Amazing Lessons I learnt from McDonaldsI love McDonalds.
There was a time where I was ranking different burgers from around the world. UK, France, South Africa, Dubai, America, Switzerland and Greece.
And I only ranked about 4 burgers an 8 out of 10.
I know you’re going to hate but…
McDonalds Big Mc remains one of them I ranked 8 out of 10 – Delicious!.
Anyway, so I love the burger, I love the story – if you’ve seen “The Founder” movie.
And I love the lessons learned from the success story.
And since 2013, I always enjoy writing articles on how other companies, entities and even individuals can teach you indirectly about trading.
McDonalds is the one in the spot light for today!
3 lessons I learnt from McDonalds!
The fast-food giant has been able to achieve massive success by keeping things simple, sticking to a proven system, and adapting to changes in the market. These same principles can be applied to trading the financial
Lesson #1: Less is more…
The company has built its success on a relatively small menu of simple, easy-to-understand options. Also the way to make the meals are so simple with easy ingredients you probably have at home.
Well, traders can achieve better results by focusing on:
• Small number of markets or securities
• One or two systems
• One or two time frames
• One to three money management rules
• Less time trading and more time holding
Lesson #2: Find a System to Repeat
The company has built a highly efficient and repeatable system for making and delivering food.
Remember the scene in the movie “The Founder” where Ray Croc organised his system within a tennis court until mastered?
It’s simple, it works – and it’s never died out.
This has allowed them to replicate their success across thousands of locations worldwide.
With trading, you should also look for a system that you can repeat and stick with it.
I mean, by now my MATI Trader System – must feel like child’s play to you because of how I have taught you the system in and out. And I have shared with you hundreds of trade line ups already with Trading View.
And with you seeing it the system everyday, it must feel second nature for spotting a trade by now right?
Well, just like Rocket Science isn’t rocket science to a rocket scientist – That’s why you feel that way about my MATI Trader System…
And if you have a system that you swear by, you’ll feel the same way I do.
This can help you to avoid the pitfall of constantly switching strategies and missing out on long-term gains.
Lesson #3: Adapt to Change
McDonald's has also been able to adapt to changes in the market, such as:
• Environment concerns
• Consumer demand for healthier options
• Relevant and trendy toys in Happy Meals
• New neutral colour style restaurant catering to all nations and cultures around the world
• More options for vegans and vegetarians
They have and has been able to stay relevant and successful for decades.
Similarly, traders need to be able to adapt to changes in the markets, whether it:
Adding new markets to your watchlist
Adjusting your Risk to Reward during favourable and unfavourable environments
Shifts in economic conditions or changes in consumer preferences.
This might mean adjusting your trading strategy slightly or seeking out new opportunities in different markets.
You need to be able to adapt to change which is crucial for long-term success in the financial markets.
And so, McDonald's has been successful by keeping things simple, sticking to a repeatable system, and adapting to change.
Apply these principles to your own trading and you’ll find trading to be a walk in the park in the medium to long run…
Do you like McDonalds and what would you rate the Big Mc? I won’t judge.
Trade well, live free.
Timon
MATI Trader
(Financial trader since 2003)
