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[ATTACH=full]104618[/ATTACH]
Different ways of thinking
There are many different ways to think about a situation or a problem at hand. Thinking is usually divided into a multitude of categories but I'll concentrate on just two, as trading is a thinking game. Why just two? Because trading relies on making the best decision with the available information at hand.

"Analytical thinking" & "Lateral thinking"
These ways of thinking at times work together & at times independently of each other. Nevertheless, both are required to trade profitably. Let me give you a condensed version of what they both do so you can determine their worth.

Analytical thinking
Is "visual thinking" that gives us the ability to solve problems quickly & effectively by a step-by-step approach. A "step-by-step approach" allows breaking down of complex information into manageable components.

Lateral thinking
Is a manner of "solving problems" via "reasoning" that is not immediately obvious. It involves ideas that may not be obtainable using only traditional "step-by-step" logic of "Analytical thinking".

Skate.

<blockquote data-quote="Skate" data-source="post: 1076712" data-attributes="member: 57364">[ATTACH=full]104618[/ATTACH] Different ways of thinkingThere are many different ways to think about a situation or a problem at hand. Thinking is usually divided into a multitude of categories but I&#039;ll concentrate on just two, as trading is a thinking game. Why just two? Because trading relies on making the best decision with the available information at hand. &quot;Analytical thinking&quot; &amp; &quot;Lateral thinking&quot; These ways of thinking at times work together &amp; at times independently of each other. Nevertheless, both are required to trade profitably. Let me give you a condensed version of what they both do so you can determine their worth. Analytical thinking Is &quot;visual thinking&quot; that gives us the ability to solve problems quickly &amp; effectively by a step-by-step approach. A &quot;step-by-step approach&quot; allows breaking down of complex information into manageable components.Lateral thinking Is a manner of &quot;solving problems&quot; via &quot;reasoning&quot; that is not immediately obvious. It involves ideas that may not be obtainable using only traditional &quot;step-by-step&quot; logic of &quot;Analytical thinking&quot;.Skate.</blockquote>

[QUOTE="Skate, post: 1076712, member: 57364"] [ATTACH=full]104618[/ATTACH] [B]Different ways of thinking[/B] There are many different ways to think about a situation or a problem at hand. Thinking is usually divided into a multitude of categories but I'll concentrate on just two, as trading is a thinking game. Why just two? Because trading relies on making the best decision with the available information at hand. [B]"Analytical thinking" & "Lateral thinking" [/B] These ways of thinking at times work together & at times independently of each other. Nevertheless, both are required to trade profitably. Let me give you a condensed version of what they both do so you can determine their worth. [B]Analytical thinking [/B] Is "visual thinking" that gives us the ability to solve problems quickly & effectively by a step-by-step approach. A "step-by-step approach" allows breaking down of complex information into manageable components. [B]Lateral thinking [/B] Is a manner of "solving problems" via "reasoning" that is not immediately obvious. It involves ideas that may not be obtainable using only traditional "step-by-step" logic of "Analytical thinking". Skate. [/QUOTE]

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