Showing posts sorted by relevance for query process-control-hallmark-of. Sort by date Show all posts
Showing posts sorted by relevance for query process-control-hallmark-of. Sort by date Show all posts

Saturday, August 10, 2019

Info!! Procedure Control: A Hallmark Of Professionalism

Just got dorsum from an interesting catch as well as tour to the Two Roads arts and crafts beer brewery inwards Stratford, CT.  What struck me from the tour is the flat to which the beermaking procedure has been automated as well as tightly controlled.  From the proportions of the ingredients to the amount of fourth dimension allotted to each procedure as well as the several pace processes of cleaning the equipment, the manufacturing procedure is closely mapped as well as monitored.

This makes the job organisation an interesting combination of creativity--coming upwardly amongst the correct recipes, figuring out the virtually effective marketing strategies--and science.  Indeed, it is this blend of inspiration as well as tight procedure command that makes the brewery successful.

Much trading is similar the homebrewing of arts and crafts enthusiasts.  There are few controls on the process; each batch is probable to last unique.  While this tin flaming brand for fun tastings, it is unacceptable when 1 is offering a character controlled production to the public.  Once brewing becomes a serious commercial endeavor, it becomes procedure oriented, fifty-fifty every bit it retains creative inspiration.

So, too, amongst trading.  Putting observations together inwards unique ways as well as finding ways to merchandise those perspectives has a chip of creative fine art to it.  But in 1 lawsuit the stance comes to life, at that spot is a existent scientific discipline to merchandise sizing, structuring risk/reward, as well as constructing a portfolio.  Professional traders differ from others the same means Two Roads differs from the average homebrewer:  the rigor of execution ensures a high flat of character control.

Further Reading:  Reflections on Trading Process