Disliked{quote} Those feelings have absolutely nothing to do with the trading environment, yet they more often than not dictate the next actions you will take. It is a probabilistic environment, and you have zero control over things that will happen there, unlike most other things in life. That’s why the learning-curve is more like an unlearning-curve, because you must reprogram your emotional algo to fit a totally new environment, and that is what really takes the 10 000 hours mark, and it can’t be done unless you… do it. That’s also the reason I said...Ignored
I am also reaching a point, where the game seems 'easy', at least from an analytical point of few although often not from an actual real trading point of view. But I have a good few thousand hours of screen time, encapsulating all the time spent chasing the same Red Herrings as every other retail trader gets sold until they finally develop their own thing that suits them (and works).
I could thoroughly explain my process within an hour, whilst giving several recent real world trading examples. Infact, I just done so to a total novice the other day. Can this novice then simply pick up what I explained to him and just start trading successfully? Highly unlikely, because to me, what seems easy and obvious (with my traders intuition built up over thousands of hours), to a novice is going to seem like a foreign language. Putting psychological factors to one side, that is what trading is like. Learning a language. Something that can only be achieved to a reasonable degree of fluency through countless hours of repetition until the totally arbitrary 'rules n customs' finally sink into the subconscious mind.......(with one difference between language and trading being that whilst the rule n customs change overtime for both, they change a hell of a lot faster in the markets than they do for the spoken/written word....what might have worked great for crude oil traders 10 years ago, might well today be just another Red Herring to sell to novices in $1500 trading courses)
1