Organising Data for your trading research and development

16 July 2024, 20:34
Rajesh Kumar Nait
0
31

Many research analysts lack the skill of data organization. This blog is dedicated to solve this problem.

Data organization is biggest success point for any field. There are two room, a room where all things are scattered, another room like 5 star hotel, which room you will choose to go?

I have researched and experimented more than 500+ strategies which works on chart. I believe there are more than 10000 working trading methods in a chart. Each works and each fails but they have a meaning if i will share the logic, one cant disagree that this does not work. He will surely see it working as price will react most of the time on the trading system.

 When I did not know about data organization or lacked skills about it, I was just doing things randomly which I should never do such as

1. Taking notes on Microsoft Notepad

2. Recording a video using OBS Studio without strategy title and description in video title

3. Saving strategy info in Google Keep or Telegram saved message

4. Saving on Google Doc or Microsoft Word

These are all software which are not used by professionals for data organization

Data is organized well with these apps

1. Microsoft OneNote : It lets you create categories on left sidebar where you can categorize your topics and strategies for ease of access to research them later

    • Features: Free-form information gathering, multi-user collaboration, support for handwritten notes, drawings, screen clippings, and audio commentaries.
    • Pros: Integrates well with other Microsoft Office products, free for basic use, available across multiple devices.
    • Cons: Can be overwhelming with too many features for simple note-taking.
  • Evernote

    • Features: Note-taking, organizing, task management, web clipping, multi-device sync.
    • Pros: Strong search capabilities, supports multiple types of content (text, images, audio), extensive integration with other apps.
    • Cons: Some features require a paid subscription.
  • Notion

    • Features: All-in-one workspace for notes, tasks, databases, calendars, and project management.
    • Pros: Highly customizable, supports various types of content, good for both individual and team use.
    • Cons: Can have a steep learning curve due to its versatility.
  • Obsidian

    • Features: Markdown-based note-taking and knowledge base, backlinking, graph view for notes interconnection.
    • Pros: Great for creating a knowledge graph, local storage for privacy, powerful search and linking features.
    • Cons: Interface can be complex for new users.
  • Roam Research

    • Features: Note-taking with a focus on connections between ideas, backlinking, graph view.
    • Pros: Ideal for research and interlinking notes, unique graph visualization.
    • Cons: Subscription-based, can be expensive.
  • Joplin

    • Features: Open-source note-taking and to-do application with markdown support, synchronization capabilities.
    • Pros: Free, supports a wide range of devices, data stored locally.
    • Cons: Lacks some advanced features of commercial alternatives.