The mystery of the 80/20 Pareto principle

I have been studying Vilfredo Pareto the 80/20 rule, you can google his name and find out lots of info. After applying the principle I realised that in all aspects of my life 20% of my tasks or time were creating 80% of for example profits/happiness etc.. so i have applied this to my trading and realised after all the screen time only circa 20% of my trades are really creating profits for me.

The answer, after some analysis i have realised that i need to cut out 80% of my mistakes such as anxiety, second guessing, impatient, not following rules and focusing on 20% the sweet spot, relaxed, focused, trading with ease, knowledge+belief that my account is growing...

I am sure we all have trades that work for us. I am convinced that once we can workout what that 20% is or the 'sweet spot' is we would make large profits in less time (I have entered my dream world again!) Its simple yet a little tricky to get the mind round.

So I did this by analysing my time and have decided to limit the number of crosses and limit the amount of screen time. Focus on the mystical 20% and just let go of the other 80% simples...

I began applying this method about 2 weeks ago as for me the best way to learn is dive in and swim! I spend wayy too much time dreaming about rewards and not enough time creating them !!

I'm sure there are smart people that are already doing this. I am have begun to apply it to other aspects of life... I would say if your not getting the results you want give it ago!

The following link was one i found useful i am sure there are others...

http://www.projectsmart.co.uk/pareto-principle.html

let us know if you applied it and if it has had any effect good or bad..
all the best
RS

So suppose that for each day around 20%:
of pairs are showing nice and clean one directional trends, while the other 80% are oscillating.
of trends are made during 20% of the the trading sessions.
of trades will immediately go into profit while others will lag.