With today’s post, I’ll start out a serial on best practices inwards trading. Those volition include around of my own, likewise every bit those submitted past times generous readers. My promise is that at to the lowest degree several of those best practices tin inform your trading processes for 2015.
Above is a alive five AM snapshot of my dwelling office. There are xvi books on the flooring inwards diverse phases of existence read too 41 books on the window box that induce got either been read or are on tap for adjacent reading. The books embrace 3 topics: happiness too well-being; the mastery of change; too creativity. These are the themes that are cardinal to the majority I’m writing.
When I’m non writing a book, at that topographic point are fewer books tossed close the office, only at that topographic point are ever a few. What I’m doing is reading inwards parallel: reading ane majority too thus going to the other books to see what they tell close the topic. That is why I read the actual impress books rather than the electronic versions: it is easier for me to bookmark the texts too read them side past times side if they are correct inwards front end of me.
Reading inwards parallel way that I rarely complete a majority from showtime to finish. I chop-chop scan the books too uncovering an anchor text: ane that seems unusually good researched too good written. The anchor text guides the pick of topics. I read close the topic I uncovering most interesting too relevant inwards the anchor text too thus motility to the other books to read whatsoever they tell close the topic. This creates a virtual conversation amid the authors, every bit I thought the topic through each of their lenses.
When I destination reading novel too interesting fabric on the topic, I motility to the adjacent topic. The reading never is irksome for that reason. As shortly every bit I showtime to lose interest, I accept a curt interruption too switch topics, ordinarily returning to the anchor book. The most interesting too relevant ideas that I run across are bookmarked too written down, oft inwards Evernote.
The inventor Thomas Edison filed over grand patents during his career. He held himself to a dependent inwards which he too his assistants were required to generate ane pocket-size fry innovation every 10 days too ane major innovation every 6 months. By churning out to a greater extent than inventions, he raised the odds of achieving at to the lowest degree a few pregnant inventions. Similarly, past times reading fabric from a release of books inwards a dedicated fourth dimension catamenia each day, nosotros divulge ourselves to to a greater extent than ideas–and thus induce got to a greater extent than ideas to depict upon inwards generating our own.
Having worked this way for years, I’ve larn unusually goodness at skimming books, identifying their principal ideas, too deciding if they are worth reading inwards detail. The same procedure applies to interrogation papers or online articles on a exceptional topic. This efficiency way that you lot tin embrace to a greater extent than high character fabric than the average person–and that you lot larn meliorate over fourth dimension at identifying high character material.
Reading a majority is similar having an goodness see your dwelling for a conversation. Reading inwards parallel is similar inviting a grouping of experts to your dwelling too participating inwards their conversation. The acid examination for reading inwards parallel is whether you lot come upwardly away from the utilization amongst perspectives that are contained inwards none of the private texts. That is when reading becomes a really creative exercise.
Further Reading: Best Practices During Trading Slumps