Trading Psychology Advice - 2: Pursue Your Development The Right Way
The greats in any field hear a different music than their peers. That can make them seem a bit crazy. One of my favorite examples occurs when a great musical group completely reinterprets a great song. Consider the folk classic by Joan Baez and then the metal version by Judas Priest . By the time we get to 3:50, we have a completely new song, a completely new experience. Or take the dance classic Billie Jean by Michael Jackson and then listen to the same soulful song by Chris Cornell. Expert performers hear a different music, dance a different dance. I recall a meeting years ago with a market great, Victor Niederhoffer , who experimented with turning market time series into musical sounds. Done the right way, you could follow the market "music" and become exquisitely sensitive to shifts in pace, tone, etc. Good traders look at charts and market data uniquely. Great traders look at unique things....