To continue my series of how I use integral theory to trade the markets we now move onto lines.
Lines define what skills we develop. For instance, there is a mathematical line of development, there is a pattern recognition line of development. These skills have varying levels from the novice to the expert, but we will get to that in a future post.
There are a couple core lines I believe are truly necessary for the development of all traders.
- Mathematics
- Why: The ability to analyze your own trading data, calculate company fundamentals, understanding the greeks of options and many others.
- Pattern Cognition
- Why: Being able to spot patterns is critical for being a successful trader. This extend far beyond technical analysis but also into the motifs that society indulges in to create Bull & Bear markets.
- Patients / Emotional intelligence
- Why: The market is unforgiving it will require you to keep your biology from overthrowing your mind with the chemical cocktail it will throw at you on a daily basis.
These are what I believe to be the core line of development that are needed to be a good trader. In future posts, I will write about how to develop them.