Trading basics

Does trading business need creativity to succeed ?

  • Yes

    Votes: 12 80.0%

  • No

    Votes: 2 13.3%

  • May be

    Votes: 1 6.7%
  • Total voters
    15
rajesheck said:
Did Soros, Stan Druckenmiller or PT Jones ever said "You don't need creativity to be a good trader" ?

Or are you official spokesperson for them ?

Just trying to clarify, no offense. :)
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Seriously, do your homework! There are 4 market wizards books available with dozens of famous traders inside, and noone speaks of "creativity". And if these books are too expensive or too long to read => google, there are thousands of quotes, hundreds of videos from all-star traders, and yes it is always a question of hard work, patience, humility, discipline, and not a question of creativity. Trading is repetitive (boring would say some people), not funny or "creative".
This is like playing tennis. Same actions, same results.
If you are an amat, you think you can be creative and have fun.
If you are pro, you always play the same because you play to make money, not to have fun.

CM
 
Chris Mac said:
Seriously, do your homework! There are 4 market wizards books available with dozens of famous traders inside, and noone speaks of "creativity". And if these books are too expensive or too long to read => google, there are thousands of quotes, hundreds of videos from all-star traders, and yes it is always a question of hard work, patience, humility, discipline, and not a question of creativity. Trading is repetitive (boring would say some people), not funny or "creative".
This is like playing tennis. Same actions, same results.
If you are an amat, you think you can be creative and have fun.
If you are pro, you always play the same because you play to make money, not to have fun.

CM
More...

I got you :)

I agree that trading like a pro with repetitive pattern may not be so fun or creative.

I see two stages....

Stage one : Creative Process : Developmental stage of a new strategy, testing it and making sub consequent vital changes are all creative process.

Stage two : Professionalism : Trading like a pro demands hard work, patience, discipline, humility, etc.

Also it is normal that the authors won't explicitly say that it is their creativity or creation.

One final thing is that the repetitive chart/data patterns are not exactly the same and unique to some extent. Thus pattern matching skill while trading has something to do with creativity though at a minuscule level.

One thought provoking question : Do aspects like discipline, humility, patience, inspiration, interest, intuition, etc belong to analytical thinking or creative thinking ?
 
Last edited:
rajesheck said:
Stage one : Creative Process : Developmental stage of a new strategy, testing it and making sub consequent vital changes are all creative process.
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Before your "creative process" :
Stage one : watch, observe, read, analyze how good traders act.

rajesheck said:
One final thing is that the repetitive chart/data patterns are not exactly the same and unique to some extent. Thus pattern matching skill while trading has something to do with creativity though at a minuscule level.
More...
I agree.

CM
 
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