Imho, the truth is somewhere in between, probably there isn't such a thing as one rule fits all.
You are a talented individual, so changing your set skill is probably easier.
Practice simply has to improve your skills, but there must be some kind of threeshold for this improvement. You can argue that it's a trailing stop (pun intended) but even the potencial to push it further must be limited, imho
In no way I'm trying to diminish the power of practice!
Bounce Intl: Mozart, Federer, Picasso, Beckham, and the Scie
The Most Successful People Practice Better, Not More
http://www.businessinsider.com/how-succ ... z2cXNMouch
http://www.businessinsider.com/how-succ ... z2cXNMouch
Malcolm Gladwell: The Power of the Underdog
http://www.cbsnews.com/videos/malcolm-g ... -underdog/
How Bill Gates inspired the book, "Outliers"
http://www.cbsnews.com/videos/how-bill- ... outliers-2
Life lessons from the best-selling book, "Blink"
http://www.cbsnews.com/videos/life-less ... ok-blink-2
http://www.cbsnews.com/videos/malcolm-g ... -underdog/
How Bill Gates inspired the book, "Outliers"
http://www.cbsnews.com/videos/how-bill- ... outliers-2
Life lessons from the best-selling book, "Blink"
http://www.cbsnews.com/videos/life-less ... ok-blink-2
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Can 10,000 hours of practice make you an expert?
http://www.bbc.co.uk/news/magazine-26384712
Reminds me - I still haven't got around to reading the book Bounce, it has been sat on my shelf for years now! Something to do tomorrow after my run.
http://www.bbc.co.uk/news/magazine-26384712
Reminds me - I still haven't got around to reading the book Bounce, it has been sat on my shelf for years now! Something to do tomorrow after my run.
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Not had time to read it yet myself:
Ditch the 10,000 hour rule! Why Malcolm Gladwell’s famous advice falls short:
http://www.salon.com/2014/04/20/ditch_t ... pockethits
Ditch the 10,000 hour rule! Why Malcolm Gladwell’s famous advice falls short:
http://www.salon.com/2014/04/20/ditch_t ... pockethits
Good article but doesn't invalidate the 10,000 hour rule (it does validate the over hyped misleading headline rule). Just gotta space them out.andyfuller wrote:Not had time to read it yet myself:
Ditch the 10,000 hour rule! Why Malcolm Gladwell’s famous advice falls short:
http://www.salon.com/2014/04/20/ditch_t ... pockethits
That's quite interesting
A few years back (I can't remember where I saw it) a guy left his job for a year to become a professional darts player (even though he'd never played the game).
He was convinced that with 8-10 hours practice a day, he'd be challenging Phil Taylor within 18 months.
I've never heard of him again
It just shows that trading itself is not for everyone, even with the greatest will in the world. I've known people more intelligent than myself totally fall by the wayside in this game
A few years back (I can't remember where I saw it) a guy left his job for a year to become a professional darts player (even though he'd never played the game).
He was convinced that with 8-10 hours practice a day, he'd be challenging Phil Taylor within 18 months.
I've never heard of him again
It just shows that trading itself is not for everyone, even with the greatest will in the world. I've known people more intelligent than myself totally fall by the wayside in this game
Last edited by LeTiss on Wed Apr 01, 2015 2:53 pm, edited 1 time in total.
Personally I think passion has a lot to do with it. I tried to teach somebody who was devoid of passion for sport and trading and despite showing them exactly what to do and when, they couldn't do it.
The only thing I didn't do was shove wads of cash in their pocket and I came to the judgement that this was the only way they would make money. Passion, drive and desire can make you perform amazing things without it, you can't do a thing.
The only thing I didn't do was shove wads of cash in their pocket and I came to the judgement that this was the only way they would make money. Passion, drive and desire can make you perform amazing things without it, you can't do a thing.
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Let us know what it is like please.PeterLe wrote:Matthew Syed (Author: Bounce) has a new book out - Black Box thinking (not HF Trading! )
Going to download the kindle version to take on my hols
A bit about the book: https://www.youtube.com/watch?v=sGiu6_3u5OY