Why I Go To Investment Conferen
Why I Go To Investment
Conferen
I’m off to a
conference this week for the International Federation of Technical Analysts
(IFTA). Why am I going? What do I hope to get out it? When
you go to investment gatherings, what are your expectations? I’ve
garnered essential benefits from a wide variety of seminars and conferences,
and those benefits serve as an informal “goals list” for this week’s IFTA
event.
1. I’m less interested in the speakers’ prognostications and future
outlooks, and more interested in their systematic methods of analysis. If
they offer up one without the other, I am not shy in challenging them for
specifics.
2. I have a rule that I don’t read investment books unless they come
recommended to me by at least two people I respect. There are just too
many bad and misleading how-to books out there. I’m a little like that
with new resources as well, such as advanced tools or websites. These
conferences are a wonderful venue for learning about such items.
4. In listening to other experienced investors talk about their tools
and systems, one can’t help but review one’s own methodology. This
enforced reflection is facilitated by metaphorically kicking the tires of other
investors’ approaches. Most of the time, it reinforces my own methodology
and builds self-confidence in my own system, and confidence does matter.
A corollary to objective #1 above is to remind attendees
that the guy sitting next to you may have valuable knowledge and experience to
share with you as well. I’ve found that these peer-to-peer,
belly-to-belly networking توصيات الاسهم الامريكية
5. opportunities can yield both friendships as well as keen
insights. In other words, don’t miss the lunch and dinner events.
It’s half the fun, and you never know who you’ll get seated next to!
6. Call it the enthusiasm kick-start. I find I’m
simply recharged as a trader when I get home. Let’s face it, these things
are usually at pretty nice locations, and taking a break from normal office
routines is always good for whatever ails you, even if you think nothing is
ailing you.
7. Sometimes, I’ll take with me a specific element of my methodology
or an indicator that I’d like some help demystifying an area of
confusion. I recall just such a case some 20 years ago pertaining to
stochastics. Lo and behold, I had dinner with George Lane, the creator of
the stochastics oscillator. His advice was spot on, and I’ve been reaping
the benefits for the past two decades. But I did pay for dinner!
8. With any speaker, I first try to ascertain his or her motive for
being there as a presenter. This offers both a credibility check as well
as helps me to focus on specific content rather than being mesmerized by the
sizzle or the sales pitch. Keep an open mind, but in the end
remember there is seldom a free lunch.
Finally, don’t get swept up into a
totally new investment methodology or excited by a new system far outside of
your comfort zone. Most investment conferences and seminars can offer
something appropriate for every level of investor. You may have to
actively dig for it, but that one trading gem which catapults you onto the next
higher rung is there somewhere. Be patient. Be focused. But
for gosh sake, be there. توصيات الذهب
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