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"When a gentleman of virile appearance enters my room with such tan upon his face as an English sun could never give, and with his handkerchief in his sleeve instead of in his pocket, it is not difficult to place him. You wear a short beard, which shows that you were not a regular. You have the cut of a riding-man. As to Middlesex, your card has already shown me that you are a stockbroker from Throgmorton Street. What other regiment would you join?"
"You see everything."
"I see no more than you, but I have trained myself to notice what I see. However, Mr. Dodd, it was not to discuss the science of observation that you called upon me this morning. What has been happening at Tuxbury Old Park?"
"Mr. Holmes --!"
"My dear sir, there is no mystery. Your letter came with that heading, and as you fixed this appointment in very pressing terms it was clear that something sudden and important had occurred."
"Then how in the name of all that is wonderful did you get these facts? They are absolutely correct in every particular."
"Ah, that is good luck. I could only say what was the balance of probability. I did not at all expect to be so accurate."
"But it was not mere guesswork?"
"No, no: I never guess. It is a shocking habit destructive to the logical faculty. What seems strange to you is only so because you do not follow my train of thought or observe the small facts upon which large inferences may depend."
"Well, Mr. Holmes, have you solved this mystery yet?"
"Yes," said he, "I have solved it."
Stanley Hopkins and I stared in amazement. Something like a sneer quivered over the gaunt features of the old Professor.
"Indeed! In the garden?"
"No, here."
"Here! When?"
"This instant."
"You are surely joking, Mr. Sherlock Holmes. You compel me to tell you that this is too serious a matter to be treated in such a fashion."
"I have forged and tested every link of my chain, Professor Coram, and I am sure that it is sound. What your motives are or what exact part you play in this strange business I am not yet able to say. In a few minutes I shall probably hear it from your own lips. Meanwhile I will reconstruct what is past for your benefit, so that you may know the information which I still require."
This explains why it is helpful to have preparations and if then else conditions worked out in advance BUT going into the market with an open mind thinking "anything can happen":
"And yet I cannot see anything save very vague indications."
"On the contrary, to my mind nothing could be more clear. Let me run over the principal steps. We approached the case, you remember, with an absolutely blank mind, which is always an advantage. We had formed no theories. We were simply there to observe and to draw inferences from our observations. What did we see first?"
Is Trading in the Footsteps of Sherlock Holmes a lost volume that eluded fans of Sir Arthur Conan Doyle's storied detective? No. Doyle never cast Holmes in anything like The Adventure of the Foreign Currency Market. However, the prolific writer did create a icon whose practical problem solving can be applied to financial trading techniques. In the tradition of literature s greatest logician, Dr. Anthony Trongone taps the best of Holmes sage advice on psychology, mental dexterity, self-discipline, observation, and deductive reasoning. With Trongone's guidance, Holmes can show you how to apply a calm, analytical approach to executing trades. Rather than chasing the latest fad, Holmes would likely tell you to sharpen your personal trading skills. How? Elementary, dear reader. While many investing books encourage you to embrace a particular trading system, Trading in the Footsteps of Sherlock Holmes does not. Although it seems everyone has a different approach to trading, most people have the same weakness: They begin the day with a system, but if the market goes against them, they abandon their game plan, Trongone notes. With Trongone acting as a modern-day Watson, you can develop Holmes-like mental acuity and address this universal weakness. The result? The model for a different, more disciplined way of acting not reacting in response to trading challenges.
