A Process for Generating Ideas

StatsEdgeTrading

In this week’s episode of Line Your Own Pockets, Dave and I dive deep into the crucial topic of idea generation in trading. Whether you’re a beginner or a seasoned trader, one of the toughest challenges you’ll face is coming up with fresh, actionable ideas. In our conversation, Dave shares his systematic approach to idea generation—scanning the market daily for the biggest winners, losers, and those with unusual price ranges, then analyzing how you could have captured those moves. It’s a process that builds over time and helps you spot the next opportunity, even if not every day brings a winner.

We also talk about how this isn’t just a one-and-done process. It’s about constantly refining and evolving your trading ideas. Whether it’s day trading or longer-term swing strategies, staying adaptable is key. The more ideas you generate and test, the more you build a stable of strategies that can help smooth out your returns over the long haul. Check out the full podcast below, where we cover even more about why having a process for idea generation is critical to long-term success in the markets! Watch the video here.