A week ago, I wrote about how strategic thinking (the ability to think several steps ahead) is a crucial success factor for traders. Meanwhile, companies that hire traders typically focus on analytical skills rather than the ability to think strategically as a key factor for successful traders. Analytical thinking is indeed important, but less so for traders and more for financial analysts. In particular, the ability to think in abstract terms and scenarios helps analysts make better recommendations.
Joachim,
Thanks for sharing- really interesting insight!
-Darin