π Click to see what stocks in my watch-list for this week (exp. at 28/8/2020)
"Simplicity is the ultimate sophistication.", a quote for the most important painter has ever born in the whole universe, - Leonardo Davinci, and it is the basis of our article today;
Every time I aim to address a specific topic or problem that new traders suffer from, where I present the problem and the solution from a technical point of view and from a different perspective from the habit, in an attempt to find appropriate solutions to some of the problems presented and enable readers to see solutions from a different perspective, not only as a trader.
In this context, I wrote an article earlier (What if: (Einstein) was a Trader) touched on ways to solve some problems and the importance of building a vast imagination while working as a trader or investor
Today, we will take the painter (Leonardo Da Vinci) with us on a journey to explore, what if (Da Vinci) was a Trader? How he will deal/see the market and what's his advantages that we should learn from?
Many of us (as traders) have the same point of view in many aspects which makes us take the same decision in the same circumstances and have the same results, and this in the long-run can create our path in this business, The actual problem lies in the fact that many traders, especially new ones, are unable to devise an exceptional way to address the trading issues that we work on daily. Today's trader can be described as a follower who receives his/her information from all sources except for the most important and main source, him/herself.
Leonardo Da Vinci worked in several professions, such as: science, engineering, architecture, anatomy before embarking on the field of painting, this enabled him later to transfer his experience in various fields to his last career which is painting, Da Vinci's paintings are considered one of the greatest in history and invaluable, due to the artistic vision in which his paintings are embodied, in addition to that when Da Vinci draws his paintings It tells a particular story and raises the idea of the spectator poses many questions such as: What is the reason for using some colors, what is the story behind these lines, and other questions that may be practiced by the spectator and this is what Da Vinci was aiming for; It makes me, you, and everyone wonder, What is the story behind this painting, where everyone becomes interacting with a fixed and unresponsive element in the wall but at the same time we feel that this painting talk to us as we speak it. & This is creativity at its best;
The Mona Lisa, Da Vinci's winning card, and the most famous painting that a person drew on the face of the universe, but the question is, how can we learn from Da Vinci's experience with the Mona Lisa, and how did he manage to draw a painting through which he transported hundreds and thousands of millions of questions .
In fact, our dealings as traders in the stock market or Forex and daily charts is similar to Da Vinci's dealings with his paintings, since we both have their own ability to creativity and put forward a philosophy and a specific and innovative idea that the artist can understand alone, the trader today can open the price chart and start In drawing peaks and bottoms, support and resistance, using some tools to obtain the final result, the final result from the point of view of the trader (trader) is the ideal result that can be reached after several attempts to understand current and future price movements. But if someone else sees what you drew on the price chart, it may raise many questions about why you put support, resistance and other points in their current locations, and what is their effect on the price, and this is exactly what happens with Da Vinci's drawings.
So, the problem for new traders is the lack of creativity, they do not have enough creativity that enables them to interpret a specific image and analyze it from a different perspective and logic from the natural, and this is what drives many traders to apply common trading strategies and use the same methods of trading that used by 95% of traders, and therefore the vast majority of traders in the financial market lose money due to the adoption of traditional and non-creative systems and strategies
You must change your mind, and see the situation from a different angle, you must have sufficient awareness of what is happening behind the scenes, you must have sufficient knowledge of what is happening around you, you must realize what is the right choice at the right time, you must have thinking outside the box , With this you will be able to become among the 5% successful in the financial markets.
You may not be able to realize all of this at first, but what you should know now is that the vast majority of merchants may have the ability to be creative but they do not realize, the urgent need to succeed in any field needs to employ other capabilities and energies, today, with Technology around us has become difficult for us to innovate and create a new concept of things, but at the same time, if we look carefully, we can use what is around us to create an unprecedented new things, many traders today find themselves trapped in one way or another in a swimming pool full of strategies and courses and Lessons, tools, platforms, and information, all of which are a treasure that was not available earlier, but the difficulty is how to benefit from all this?
Many ask, can I buy educational courses, trading tools, etc. to become a successful trader? In fact, you cannot create a different, creative and unprecedented concept through what is available to you now. Leonardo Da Viche wasn't carrying modern technologies or different tools than what was available then But he was able to paint the Mona Lisa with what he had, perhaps the tools he used in drawing were not valuable or of luxurious type, but there is no doubt that what he produced with this painting-kit became one of the greatest, most expensive and most luxurious paintings throughout history. Use what you have, look around and you will find that life has provided you with everything necessary to succeed in any financial market,
What I mean by the creative view of the financial chart is the way the analyst looks at the chart as the painter looks at his drawing, you must respect all the details, and realize that creativity in the art of trading in financial markets can be gained by looking at the different dimensions from different angles, Train your eyes to look at what is unknown, make sure that you think about the results of past and current price movements, which will be your decision for future price movements.
Trading/Investing in the financial market is one of the most difficult jobs because it requires a great mental effort to complete the analyzes and checking the numbers. We can simplify the work difficulty by allowing creativity to play an effective role in our decisions. Traders, whether new or professional, must understand what the creative touch is, if any. It can radically change your whole results.
πββοΈ Author: @itsFiras β 17/7/2020 - 03:30 PM
" This Article is Protected by Copyright for its Author Β© "