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Monday, July 13, 2009

Imagination in TAGR

cont'd discussion about Think and Grow Rich!: The Original Version, Restored and Revised, hereinafter called "TAGR".

Chapter Six: Imagination

TAGR advises to write out a plan for making money. The plan will be created through the use of imagination, both synthetic imagination and creative imagination.

Synthetic Imagination is the combining of existing ideas into seemingly new ideas.

Creative Imagination is where one gets new ideas not based on anyone else’s ideas and not based on previous ideas one has had. This Creative Imagination works when it is stimulated by a strong emotion such as a burning desire.

Applying this to trading, I would use my imagination to create trading systems and methods. Such systems and methods might be based on published work of other traders, or they might be my own original ideas. I would carry around with me a notepad to capture any ideas coming to me through either synthetic imagination or creative imagination that I can use in my trading plan.


...cont'd tomorrow...

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