Miles Deutscher, a famous Twitter analyst, shared today some invaluable advice for those looking to improve their skills in trading and investing.
According to Deutscher, one of the most effective ways to become a better investor or trader is to create content. This could be in the form of sharing your research on Twitter or any other platform.
What you'll learn 👉
The Science of Active Recall
Deutscher delves into the scientific aspect of this approach, citing the concept of “Active Recall.” This technique involves actively stimulating memory recall during the learning process, rather than simply reading the text or watching a video.
It’s a method commonly used by top students globally to master new information. By sharing your research and thoughts, you’re essentially practicing active recall, forcing your brain to retrieve and organize the information you’ve learned.
Beyond Likes and Engagement
The technical analysis expert also emphasizes that the value of content creation isn’t necessarily measured by the number of likes or the level of engagement it receives.
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Show more +Instead, he suggests treating your content as a personal journal. This not only helps in refining your thought process but also reinforces important trading and investment concepts.
The Potential for More
Lastly, Deutscher points out that while immediate social media engagement may not be a priority, your content could resonate with others over time. This could potentially lead to greater things, such as collaborations or even financial opportunities.
In summary, Miles Deutscher advocates for the power of content creation as a tool for improving your trading and investing skills, backed by the science of active recall. So, whether you’re a seasoned trader or a newbie investor, taking the time to share your research and insights could be a game-changer for your financial journey.
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