Performance Level Of An Exceptional Trader

This is a discussion on Performance Level Of An Exceptional Trader within the General Trading Chat forums, part of the Reception category; I mean, I get the point about perseverance. But the problem is most folk see a bit of transliterated Kanji ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Jul 6, 2011, 11:50pm   #33
Joined Jul 2003
Re: Performance Level Of An Exceptional Trader

I mean, I get the point about perseverance. But the problem is most folk see a bit of transliterated Kanji and confer upon it a spiritual Zen like significance purely because of its apparent provenance, and in the process completely abdicate any responsibility for thinking it through and identifying it for what it is - total nonsense.

Fall down seven times; get up seven times – that’s perseverance.

Fall down seven times; get up eight times - that's fuggin levitation.

The additional problem with treating perseverance as a positive trait in and of itself is that it rarely differentiates against competence. A complete plank could persevere. Surely the point is to persevere where there is a point in persevering and when there is none, cutting loose. That’s the real skill – knowing where you are what your limits are and what to do.

Either way, my money is on the man who manages to stay on his feet, not on the dork doing the falling down.
TheBramble is offline   Reply With Quote
Thanks! The following members like this post: amit1986 , Vorbis , Now Watch This Drive
Old Jul 6, 2011, 11:55pm   #34
Joined Nov 2008
Re: Performance Level Of An Exceptional Trader

Quote:
Originally Posted by TheBramble View Post
I mean, I get the point about perseverance. But the problem is most folk see a bit of transliterated Kanji and confer upon it a spiritual Zen like significance purely because of its apparent provenance, and in the process completely abdicate any responsibility for thinking it through and identifying it for what it is - total nonsense.

Fall down seven times; get up seven times – that’s perseverance.

Fall down seven times; get up eight times - that's fuggin levitation.

The additional problem with treating perseverance as a positive trait in and of itself is that it rarely differentiates against competence. A complete plank could persevere. Surely the point is to persevere where there is a point in persevering and when there is none, cutting loose. That’s the real skill – knowing where you are what your limits are and what to do.

Either way, my money is on the man who manages to stay on his feet, not on the dork doing the falling down.
er..ok..Tony.. there there..
Black Swan is offline   Reply With Quote
Old Jul 7, 2011, 12:00am   #35
Joined Jan 2011
Re: Performance Level Of An Exceptional Trader

Quote:
Originally Posted by Black Swan View Post
er..ok..Tony.. there there..
he's right.
DashRiprock is offline Training literature vendor (e.g courses / spreadbetting guides / eBooks)   Reply With Quote
Old Jul 7, 2011, 12:03am   #36
 
amit1986's Avatar
Joined May 2009
Re: Performance Level Of An Exceptional Trader

Been a while since I read a post on T2W that really has any substance, but Tony's last post has hit the nail right on.
__________________
Amit
amit1986 is offline   Reply With Quote
Old Jul 7, 2011, 12:46am   #37
 
5 Posts
Joined Jul 2011
Re: Performance Level Of An Exceptional Trader

I think that an expert can also be determined by consistency. When you are a pro you are pro because you are doing the right thing everyday. I found a video of an expert doing live trading and it is pretty incredible to watch how easy he makes it look. I found it very helpful.

Trading Videohttp://www.intell*******s.com/tradin...ew-good-trades
Bohica is offline   Reply With Quote
Old Jul 7, 2011, 12:50am   #38
Joined Jul 2003
Re: Performance Level Of An Exceptional Trader

Excellent. I'll make videos rather than trade.

I don't have time to watch the video right now as it obviously goes on for a number of years if it covers consistency and every day. Do let me know how it turns out.
TheBramble is offline   Reply With Quote
Old Jul 7, 2011, 12:54am   #39
Joined Jul 2003
Re: Performance Level Of An Exceptional Trader

I mean, what if you fell down six times and got up and on the seventh time and said “Aw fuggit, enough is enough”.

Would that be a smarter ass than the one who gets up again even though he’s not planning on doing anything different this time?
TheBramble is offline   Reply With Quote
Old Jul 7, 2011, 12:55am   #40
Joined Jul 2003
Re: Performance Level Of An Exceptional Trader

Or what if you fall down five times, get up five and then walk off. Shoot some steroids. Come back. Get yo ass kicked another couple of times and then walk off. Is that more sensible?
TheBramble is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Ideas for increasing trader performance trader_dante First Steps 191 Jan 19, 2011 10:14am
Trader performance statistics JDW1411 Psychology, Risk & Money Management 4 Feb 8, 2010 8:03am
Trader Performance 2006 - 2009 D70 General Trading Chat 23 Jan 31, 2010 10:12pm
TraderDNA trader performance log Directional Educational Resources 0 May 8, 2008 7:18pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)