Tuesday 3 August 2021

Trading and Medicine analogy (complexity, uncertainity, technology)

Why trading and medicine analogy?


To become a trader we need to learn fundamental and technical analysis and understand about market and economy, the more we know and practice, the better we may become. Along with the above knowledge we also need to develop skills in identifying opportunities (diagnosing), using the right strategy as position sizing, stop loss defence, monitoring, (intervention, dose, duration, monitoring, follow up, change in plan, ADR check, etc.) 


And a few core principles like "never lose money" and it's equivalent in medicine as "do no harm" And all can be practised and visualized extremely fast in real-time with help of trades in the real market.  This can be a great educational strategy to explain the decision science concepts in medicine.


Read the 10 part blog series here - https://classworkdecjan.blogspot.com/2021/07/trading-and-medicine-analogy-complexity_52.html


Next, I plan to publish a journal article and a book in a case-based approach to help explore the concepts easily and in more detail. 

Open Access book link - https://docs.google.com/document/d/1Un30GEeSe1o6NZrKExBIGnJry7UInsBVoiIgJnWrjok/edit?usp=sharing

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