Write Everything Down
Thursday, November 4, 2010 at 11:15AMWritten by Michael Bigger. Follow me on Twitter and StockTwits. This post contains two amazon.com links.
Steve Johnson wrote in Where Good Ideas Come From: The Natural History of Innovation:
Keeping a slow hunch alive poses challenges on multiple scales. For starters, you have to preserve the hunch in your own memory, in the dense network of your neurons. Most slow hunches never last long enough to turn into something useful, because they pass in and out of our memory too quickly, precisely because they possess a certain murkiness. You get a feeling that there’s an interesting avenue to explore, a problem that might someday lead you to a solution, but then you get distracted by more pressing matters and the hunch disappears. So part of the secret of hunch cultivation is simple: write everything down.
I repeat: write everything down especially a good trading idea or method. I often come up with good trading ideas when I am away from the desk. For that reason, I carry a Moleskine Sketchbook with me wherever I go.
When your notebook contains a few good ideas or hunches, go one step further. Blog about them! Share your hunches with others and watch what happens.
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