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	Forums ›› Trading for a Living ›› Psychology ›› It's not "practice, practice, practice" but deliberate practice

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nitro

Registered: Sep 2001
Posts: 17952

05-03-12 01:46 PM

The Myth of ‘Practice Makes Perfect’

http://ideas.time.com/2012/01/25/th...-makes-perfect/

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nitro

Registered: Sep 2001
Posts: 17952

05-03-12 02:03 PM

http://alexk2009.hubpages.com/hub/A...the-Talent-Myth

People rarely mention other ingredients, like courage. To reach level three mastery requires not just talent, but courage, or perhaps better said, an inner strength that does not need validation from others.

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nutmeg

Registered: Jan 2007
Posts: 18231

05-03-12 02:35 PM

Quote from nitro:

an inner strength that does not need validation from others.

We can't even nuture "inner strength" in todays youth because of the constant message "at least you tried". Which could mean 5 minutes of effort, and everyone is satisfied with that.

Don't want to damage self esteem.

The level of expectations is Z-E-R-O.

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KastyG

Registered: Apr 2012
Posts: 516

05-03-12 02:57 PM

Even elite athletes practice their game to hone their skills, they don't just show up "gameday".

Each and every day I put the day in REPLAY. and again. and again. Practice entries and exits.

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BlueTurtle

Registered: Feb 2012
Posts: 560

05-03-12 04:23 PM

I am 5 ft 1 and practice dunking a basketball every day.....no luck

I am 87 lbs and I want to be linebacker in the NFL...

I weigh 460 lbs and want to win gold in the marathon...

even with "perfect practice".....you have to have skills.

some are emotional skills that can't be taught. we think we can teach people how to trade because it's simply a "mind" exercise.
I'm not so sure I believe that.

some people will never be doctors, despite the fact that they look at books all day.

etc...

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KastyG

Registered: Apr 2012
Posts: 516

05-03-12 04:37 PM

a lot easier to get that dr in front your name than it is to trade successfully.

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