What is your definition or experience in creative problem solving while trading?

Discussion in 'Trading' started by Jadeyxx17, Aug 8, 2023.

  1. maxinger

    maxinger

    What is your definition or experience in creative problem solving while trading?

    --->

    How to develop creative problem-solving skills for your
    trading problems?




    do post mortem

    do reverse engineering

    Must have hindsight. foresight will come later.

    delete all indicators from your charts.


    don't follow what the professional writers/talkers wrote/said.
    develop your own holy grail

    work extremely hard.
    _________________________________

     
    #11     Aug 8, 2023
    Jadeyxx17 likes this.
  2. savoir

    savoir

    In reference to your thread title, my experience is that extracting from the markets requires very little creativity. In regard to your post, I think self-discovery is worth spending time and effort on for its own sake. I don’t think it is a prerequisite to trade.

    I know it’s common for people to build up trading as if it’s a grand activity, spiritual even. SimpleMeLike has it about right. It’s just money at the end of the day. Or when you have enough to support your desired lifestyle, it’s just a choice of how to pass time and stay interested.

    Trading is a game in the truest sense. I think beginners can improve their ability to play it by dialing down its supposed importance. It’s a hard game to play when you’re greedy for money. That’s about all the self-discovery you need to extract. The rest is to learn to trade.
     
    #12     Aug 8, 2023
    Jadeyxx17 likes this.
  3. Is making money daily even possible? :confused:
     
    #13     Aug 8, 2023
    SimpleMeLike likes this.
  4. ironchef

    ironchef

    @Jadeyxx17, I am not kidding when I said most don't understand our own Turtle. Creative problem solving should be done when you are not trading, e.g. as Mr. Turtle said, pre & post market....

    While trading, strictly follow your strategy/method is the rule rather than exception. Of course, I am just a retail, don't take me too seriously.
     
    #14     Aug 8, 2023
    SimpleMeLike likes this.
  5. Good Morning Jadeyxx17,

    1000% certainty YES it is. Most definitely yes.
     
    Last edited: Aug 9, 2023
    #15     Aug 9, 2023
    Jadeyxx17 and ironchef like this.
  6. ironchef

    ironchef

    Good to know.

    My option trades are getting infrequent these days due to market conditions on my targets. I am trying to decide if I should add day trading or butterflies to my trading mix.

    I was consistently unprofitable day trading and gave it up back in 2010-11.
     
    #16     Aug 9, 2023
    SimpleMeLike likes this.
  7. Hello ironchef,

    Yes, day trading is where all the money and you already know what to do each day to make the money.
     
    #17     Aug 9, 2023
    ironchef likes this.