Trading Psychology 2.0 by Brett N Steenbarger

Author:Brett N Steenbarger
Language: eng
Format: epub
ISBN: 9781118936825
Publisher: Wiley
Published: 2015-09-28T00:00:00+00:00

What we can see from this process account is that Allen is first and foremost a manager. He manages his time and effort across several facets of the business; he manages his assistant, Misha; he manages his portfolio; and he manages himself and his performance. In a very real sense, he is an idea factory: He takes numerous raw materials (from news, market statistics, conversations), transforms them into products (ideas), and distributes those products (as trades) to earn profits. Like any automobile or pharmaceutical company, he has a research and development process (idea generation), a manufacturing process (trade structuring), and a distribution process (portfolio construction and management).

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