Constant pruning

WordPress Matt recently provided an insightful quote on the importance of pruning:

Pruning is an important and necessary step in growing roses. Pruning keeps the plant healthy. It promotes new growth, removes dead, broken or diseased canes and trains roses to a desired shape. Pruning encourages flowering, either more blooms or larger blooms, and is essential to keep modern rose varieties blooming repeatedly all summer long.

For a long and more profitable trading season, I believe it is imperative to attend one’s trading strategies much in the same way that a gardener attends his flowers. Approaches and markets that are proving unprofitable must be cut back so the energy (equity) can be directed to producing more flowers, whether they come from a return of focus to one’s core approaches or from new approaches entirely. For the trader who adopts the pioneering approach and is constantly experimenting around the fringes, pruning is a continuous process, an essential requirement for balanced, sustainable growth.

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2 responses to “Constant pruning

  1. Nice example you found there, Caravaggio!

    A plant is genetically programmed to maximize its reproduction. A beautiful flower is in that sense only a sub-goal, as it attracts bees to pollinate it.

    I guess even farmed roses still suffer from this, so that the gardeners have do prune in order to reach their slightly different goal.

    Similarly do we all have to deal with genes that are made for a totally different environment. And sure we all have to “prune” ourself daily, both in trading and everything else.

  2. Thanks JP. I love how the ultimate objective of plants and animals (genetic survival) manifests in such beautiful ways that are, more often than not, pleasing to the eyes of us humans. Maybe there is a scientific reason for this (i’m thinking out loud here) in that by appreciating our environment we become motivated to be better guardians and protectors, which is in our own long-term interest. I do believe in a higher power, but I love how life is so interconnected and the extent to which this can be explained by science.

    You last point is spot on. The obvious one is when it comes to food and our tendency to hold on to our fat stores. This comes from the days when food was not plentiful and starvation was a more pressing issue that suffering from heart diseases etc, as most people wouldn’t live that long anyway. However, now it seems evolution cannot keep up with technological/agricultural developments and so pruning becomes the order of the day.

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