10,000 Hours?

Discussion in 'Trading' started by justrading, Mar 1, 2014.

  1. Hi Jack, I'm very glad to see you posting. I share your viewpoint that unlike chess trading is not competitive at the level of my participation. My participation in the market is with a complete set of rules because the set includes the rule to SIDELINE when I find the situation unclear. In chess sidelining is not possible; therefore, when the position is unclear I resort to playing the opponent rather than what's on the board.

    Against kids I will look to simplify the position and head for an endgame even when I see that it will be equal or slightly worse for me. The more boring, the better. Against older players my strategy in unclear positions is to complicate, complicate, complicate and let them burn time off their clock. Adults tend to see "ghosts" and worry about overlooking hidden tactics in complicated positions. This is more so if I move with a lot of confidence.

    If I could psyche out other market participants as I can my chess opponents, would that then make trading competitive? Yes, I think it would.
     
    #11     Mar 2, 2014