On Reading and Trading: Exploratory Essay 2
This exploratory essay is inspired by tradingview.com/u/AlanSantana/ ‘s comment to his 
analysis, and the various comments to his analysis. In summary, in his comment, tradingview.com/u/AlanSantana/ submitted the thesis that opening one’s consciousness and imagination via reading and travelling strengthens our imagination’s sensitivity to the fluctuations that we witness in markets.
Now, I personally feel that this is an important thesis, much more so than his actual analysis itself. In my day job, I lead a team of healthcare researchers. I’m not clinically trained; in fact, my training is in the History of Philosophy, in particular 17th century French Philosophy. This has absolutely nothing to do with healthcare R&D, but it has taught me the ability to read slowly and listen very carefully. I add value to my team by taking each and every suggestion very seriously, taking the time to understand them...and then point out how one idea may be linked to another in order to achieve force multiplication.
Therein, I think, lies the importance of tradingview.com/u/AlanSantana/ ‘s thesis. Ideas, analyses, theses are not important in the grand scheme of things individually. Their importance lies in how they relate to each other, and build on and build up each other. By taking the time to read slowly and carefully (I’m channeling Daniel Kahneman here), we learn the ability to see the links between the various ideas within a book or article, and correspondingly train our imagination to acquire the ability to see the links between fluctuations in the markets. In summary, reading is good cross-training for trading, and a good habit to acquire when the market is volatile and too risky for certain trading strategies.
Serendipitously, I suppose we have also somewhat explained why certain traders seem to flip flop in their analyses. As TW seems to suggests, the reasoning behind analyses might be more important than the analyses themselves. If we take the time to read each trader’s analyses as a whole and try to understand the working principles they employ, we soon realise that the ostensible flip flops for most traders are just the natural consequences of a volatile market, and their working principles remain largely the same (but of course growing with time).
Disclaimer 1: Anything I write about is NOT investment advice. Please do your own due diligence before making any investment decisions. I’m not responsible for any of the gains and/or losses of your investments.
Disclaimer 2: I have mild dysgraphia, and I write in a rather formulaic manner to overcome this disability.
Now, I personally feel that this is an important thesis, much more so than his actual analysis itself. In my day job, I lead a team of healthcare researchers. I’m not clinically trained; in fact, my training is in the History of Philosophy, in particular 17th century French Philosophy. This has absolutely nothing to do with healthcare R&D, but it has taught me the ability to read slowly and listen very carefully. I add value to my team by taking each and every suggestion very seriously, taking the time to understand them...and then point out how one idea may be linked to another in order to achieve force multiplication.
Therein, I think, lies the importance of tradingview.com/u/AlanSantana/ ‘s thesis. Ideas, analyses, theses are not important in the grand scheme of things individually. Their importance lies in how they relate to each other, and build on and build up each other. By taking the time to read slowly and carefully (I’m channeling Daniel Kahneman here), we learn the ability to see the links between the various ideas within a book or article, and correspondingly train our imagination to acquire the ability to see the links between fluctuations in the markets. In summary, reading is good cross-training for trading, and a good habit to acquire when the market is volatile and too risky for certain trading strategies.
Serendipitously, I suppose we have also somewhat explained why certain traders seem to flip flop in their analyses. As TW seems to suggests, the reasoning behind analyses might be more important than the analyses themselves. If we take the time to read each trader’s analyses as a whole and try to understand the working principles they employ, we soon realise that the ostensible flip flops for most traders are just the natural consequences of a volatile market, and their working principles remain largely the same (but of course growing with time).
Disclaimer 1: Anything I write about is NOT investment advice. Please do your own due diligence before making any investment decisions. I’m not responsible for any of the gains and/or losses of your investments.
Disclaimer 2: I have mild dysgraphia, and I write in a rather formulaic manner to overcome this disability.
Disclaimer
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