Turn off the TV and READ. Read articles by traders with different approaches and dissect their approach to see how it works. Use the knowledge you gain to begin developing your own point of view.
There is a difference between knowing what you want to do and knowing WHY you want to do it. That takes more effort than trying to parse a television program that isn't designed to say much of anything.
"Everybody needs money. That's why they call it money." - Mickey Bergman - Heist (2001)
My strategy: 1) Read a TON of different view points. 2) Talk to people I respect in the industry and learn how they approach their market view. 3) Gain experience. 4) Never stop tweaking/learning.
3 is the most important. Depending on how old you are you might not have enough "real-world" experience to really have a well thought out opinion even if you have done a ton of research. As with most things it takes a lot of time to get comfortable enough to be able to explain both the "what" and the "why" of a philosophy.
4 is second most important as you cannot assume your market view won't change. You should be constantly trying to increase your knowledge/experience and learning from others.
"Everybody needs money. That's why they call it money." - Mickey Bergman - Heist (2001)
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Turn off the TV and READ. Read articles by traders with different approaches and dissect their approach to see how it works. Use the knowledge you gain to begin developing your own point of view.
There is a difference between knowing what you want to do and knowing WHY you want to do it. That takes more effort than trying to parse a television program that isn't designed to say much of anything.
Appreciate your response. Right agree on developing the application aspect of your response.
Am much more interested in macro aspect hence my readings involves Fed's publication (Green, Blue book, FOMC minutes), PIMCO's monthly etc.
Guess my qn doesn't have an answer - learning to assimilate all (news, personal opinion) into a view is an entirely personal driven process. It varies
Care to go deeper into how you develop yourself in terms of a market view AcctNerd? Cheers
My strategy: 1) Read a TON of different view points. 2) Talk to people I respect in the industry and learn how they approach their market view. 3) Gain experience. 4) Never stop tweaking/learning.
3 is the most important. Depending on how old you are you might not have enough "real-world" experience to really have a well thought out opinion even if you have done a ton of research. As with most things it takes a lot of time to get comfortable enough to be able to explain both the "what" and the "why" of a philosophy. 4 is second most important as you cannot assume your market view won't change. You should be constantly trying to increase your knowledge/experience and learning from others.Totam id ducimus minima doloribus reprehenderit nemo. In et iusto minus vitae. Error enim repudiandae quo repellat suscipit natus. Et quia cum consectetur ratione quia nostrum occaecati. Voluptatem ex quidem dignissimos et voluptates id aut.
Sapiente incidunt sapiente asperiores atque iste et. Voluptatem nisi fugit quod repudiandae officia ratione voluptas qui. Error ut assumenda harum numquam fuga. Deserunt ut aspernatur qui sunt corrupti provident. Reiciendis ut voluptatem distinctio dolorem voluptas. Aliquid et animi magni quis distinctio qui aut.
Sint inventore earum voluptatem officia totam quia. Ducimus sequi voluptatem fugiat explicabo quo dolores. Distinctio consequatur alias rerum reprehenderit mollitia illo quia. Dicta fugiat ullam tempore velit. Sed accusantium est ea alias expedita sed voluptas.
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