Landry's quote is a dandy one. What it genuinely says is that reaching our potential agency that nosotros accept to facial expression upward uncomfortable truths. If what made us comfortable was what made us great, everyone would hold out a super achiever. Sadly, that's non the case.
I late gave a verbalize to a grouping of traders in addition to interrupted the presentation to inquire each somebody to tell the grouping the most exciting sentiment they had come upward across late in addition to how they were incorporating that sentiment into their trading.
The quiet was deafening. When a few ideas did come upward out, they were rattling full general ideas nearly performance--nothing specific to markets. That told me everything I needed to know. These were marketplace participants who were non hearing what they didn't desire to listen in addition to seeing what they didn't desire to see. They were inwards their comfort zones. They were static. They were inwards the procedure of beingness left behind yesteryear evolving markets.
I'm writing from Oslo, Norway. I woke upward concluding black alongside an unsettling thought. What if the entire narrative approach to markets--turning information (fundamental, geopolitical, technical) into a directional, narrative thesis for trading--no longer works? It's non exactly that markets response to dissimilar narratives. It's that markets accept give-up the ghost sufficiently complex that elementary narratives cannot capture the meaning patterns that are present. For example, nosotros tin predict the likelihood that a fuzzy photographic tv camera ikon of a somebody genuinely *is* that person, but narratives accept nix to produce alongside the predictive process.
This sort of matter happens whenever nosotros move to remote locations. Getting away from routine helps get novel thoughts, oftentimes uncomfortable ones. I accept no f***ing clue equally to whether the death-of-narrative sentiment holds water, but I'm quite certain I'll dig upward a platform for investigating complexity inwards marketplace demeanour in addition to run across if in that location are patterns exterior of elementary interactions of variables amenable to storytelling.
I've described the coaching procedure equally comforting the afflicted in addition to afflicting the comfortable. Both force us exterior the states we're inwards to run across dissimilar realities. The most successful traders accept internalized that coaching that process. Coaching is non only something they hire; it's something they actively do. Seeing novel things, holler for novel questions, learning novel skills--pushing, pushing to hold out to a greater extent than than yous are at present. That's the essence of a truthful competitor.
Further Reading: Every Great Trader is a Player-Coach
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I late gave a verbalize to a grouping of traders in addition to interrupted the presentation to inquire each somebody to tell the grouping the most exciting sentiment they had come upward across late in addition to how they were incorporating that sentiment into their trading.
The quiet was deafening. When a few ideas did come upward out, they were rattling full general ideas nearly performance--nothing specific to markets. That told me everything I needed to know. These were marketplace participants who were non hearing what they didn't desire to listen in addition to seeing what they didn't desire to see. They were inwards their comfort zones. They were static. They were inwards the procedure of beingness left behind yesteryear evolving markets.
I'm writing from Oslo, Norway. I woke upward concluding black alongside an unsettling thought. What if the entire narrative approach to markets--turning information (fundamental, geopolitical, technical) into a directional, narrative thesis for trading--no longer works? It's non exactly that markets response to dissimilar narratives. It's that markets accept give-up the ghost sufficiently complex that elementary narratives cannot capture the meaning patterns that are present. For example, nosotros tin predict the likelihood that a fuzzy photographic tv camera ikon of a somebody genuinely *is* that person, but narratives accept nix to produce alongside the predictive process.
This sort of matter happens whenever nosotros move to remote locations. Getting away from routine helps get novel thoughts, oftentimes uncomfortable ones. I accept no f***ing clue equally to whether the death-of-narrative sentiment holds water, but I'm quite certain I'll dig upward a platform for investigating complexity inwards marketplace demeanour in addition to run across if in that location are patterns exterior of elementary interactions of variables amenable to storytelling.
I've described the coaching procedure equally comforting the afflicted in addition to afflicting the comfortable. Both force us exterior the states we're inwards to run across dissimilar realities. The most successful traders accept internalized that coaching that process. Coaching is non only something they hire; it's something they actively do. Seeing novel things, holler for novel questions, learning novel skills--pushing, pushing to hold out to a greater extent than than yous are at present. That's the essence of a truthful competitor.
Further Reading: Every Great Trader is a Player-Coach
.
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