Tuesday, June 09, 2015

Trading Performance and Experimentation

*  How far can you go in trading performance by cultivating better information and better tools for decision-making?

*  How far can you go in trading performance by making better use of existing tools and enhancing idea generation and creativity?

*  How far can you go in trading performance by developing better rules for managing risk and reward during the lives of trades?

*  How far can you go in trading performance by maximizing the cognitive, physical, and emotional states optimal for successful research, idea generation, and trade management?

*  How far can you go in trading performance by diligently tracking all of the above and engaging in ongoing deliberate practice and learning?

For traders pursuing world class performance, the above would make an interesting experiment. 

If trading is a business, what is the product?  What is the world class manufacturing process?  Where is quality control?

Achieving different results requires asking different questions...and a willingness to experiment.  

Strictly following your processes will give you the same results.  Continually improving processes requires experimentation...and learning.


Further Reading: Changing Our Selves
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