Beleifs about Trading

[MC]

	Quote:	Reaver
	John Carter has a few questionable things in his trading background as well......at least from my knowledge. I do not believe it takes 10 years to be an excellent trader. ....other people play their whole lives and are mediocre. There is no specific time period.

What like selling code for big bucks that TL has for free? (Thank you guys a ton that program those indicators for us)

I couldn't agree more with the above. I think 10 years is a milestone but by no means do you need 10 years in to be a "pro". In fact I'd say if it takes you 10 years to get the concept of the market you might not be cut out for it and certainly a slow learner.

The sooner you learn how to play like the 10+ year "pros" the quicker you might join the ranks as a pro. There can be no time frame as we are all different and learn at different paces. It's been proven that genetics and upbringing play a role in how well some manage risk/reward ratios. I believe it was 60 minutes that did a special on how successful people (not pro gamblers just successful business people) smashed average Joes at the casino on straight gambling with poker for example. Success is more a mindset than a skill it seems. If you can't mimic those brainwaves and emulate success by changing your emotions, odds are against you.

Great conversation here guys.

[Jakew]

Reaver; A quote that has stuck with me:

"When you relate to things in your life as though your life were at stake, you will experience a sense of certainty, calmness, freedom and peace of mind IN THE FACE OF chaos, no security and no guarantees in life! Life becomes rich."


Yes, and we all love it. As far as years...there are Mozarts of trading, of course

[Reaver]

	Quote:	mcichocki_
	What like selling code for big bucks that TL has for free? (Thank you guys a ton that program those indicators for us) I couldn't agree more with the above. I think 10 years is a milestone but by no means do you need 10 years in to be a "pro". In fact I'd say if it takes you 10 years to get the concept of the market you might not be cut out for it and certainly a slow learner. The sooner you learn how to play like the 10+ year "pros" the quicker you might join the ranks as a pro. There can be no time frame as we are all different and learn at different paces. It's been proven that genetics and upbringing play a role in how well some manage risk/reward ratios. I believe it was 60 minutes that did a special on how successful people (not pro gamblers just successful business people) smashed average Joes at the casino on straight gambling with poker for example. Success is more a mindset than a skill it seems. If you can't mimic those brainwaves and emulate success by changing your emotions, odds are against you. Great conversation here guys.

Exactly, that is pretty much what I am trying to say....

In all seriousness, there are those who are born with the genetics to be ripped and have a six pack without even working out, and then there are those that no matter how hard they try, they have a mediocre physique...

Logically, the same thing would apply to mentality as well...some can just "get it" while others cannot, or at least it takes a much more concentrated effort.