First read this article and then my remarks about trading.
http://www.oregonlive.com/portland/index.ssf/2017/02/meet_the_portland_teen_might_a.html
Comment on the article:
the smartest scientists all over the world cannot find a cost-effective way to take the salt out of ocean water, so that we can use it. But a young boy, who had the insight that others did not have, solved probably the problem in a very simple way. Having the right insight is apparently very important besides of being smart and insight can even compensate for lack of intelligence.
Comments on discussion about trading performance:
I think the same applies to trading. The most neglected things a trader needs to become successful is insight and out of the box thinking.
I started like all other people with gathering wisdom about trading. I was hoping to make 1 point a day in the ES. It looked very easy when I watched the charts. But reality showed that making that point was not he problem, but the losing trades were. Keeping the profit was the problem. Consistency!
After many years I did make net 1 point a day consistently. So I thought that I reached my limit as I reached what was before unachievable for me. I could not believe that other traders could make 3-5 points a day consistently.
The years after that, I continued to study and analyze. To make a long story short, I got insights in trading that apparently most don’t have. Whereas 1 point in the ES was almost a miracle years ago, it is now small money and I understand now why it took me so long to make real money. I missed the insights that I have now and that I did not have before. Thinking out of the box was essential for having results.
Like the boy who found what the smartest scientists of the world were not able to find. He analyzed all details and based on that found a solution. Apparently nobody ever used the fact that 90% of the sea water is not bonded to salt. Or maybe nobody even knew that? Insight and out of the box thinking.
That explains also the eternal discussion on ET. People with different knowledge and insights discuss and they both are right. But only from their personal point of view. For them personally what they say is true, but people with less (or no) insight can never understand that what for them is impossible might be possible for others.
Tribes in Africa or South America can also not believe that you can take a small plastic box in your hand and speak with somebody who is on the other side of the world. And there is even no cable that connects the 2 phones!
Message for Trump: this boy is one of those that are building up America's economy, although you want all of them out.
