I was going though my bookmarks and found one of my favorite articles on the mind and scientific process. The information correlates highly to trading. Basically, a writer spent four years on a case study of scientists and the scientific process.
I am including in the post some of the relevant information, but the whole article is worth a read to provide context. It is not as technical as the neuro-quote below makes it sound, but I thought that was highly relevant since that part shows that neuro-biology makes or breaks our perception of reality.
How To Learn From Failure
Check Your Assumptions: Ask yourself why this result feels like a failure. What theory does it contradict? Maybe the hypothesis failed, not the experiment.
Seek Out the Ignorant: Talk to people who are unfamiliar with your experiment. Explaining your work in simple terms may help you see it in a new light.
Encourage Diversity: If everyone working on a problem speaks the same language, then everyone has the same set of assumptions.
Beware of Failure-Blindness: It’s normal to filter out information that contradicts our preconceptions. The only way to avoid that bias is to be aware of it.
Last edited by Luger; July 29th, 2012 at 02:19 PM.
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