Is learning the trading business like learning any other business?

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Old Aug 7, 2009, 9:35pm   #1
 
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Joined Nov 2003
Is learning the trading business like learning any other business?

The importance of how you learn the business of trading cannot be minimized because of the factors that determine your success or failure. Learning the business of trading is basically no different from learning any other business. Winning means learning major guidelines and concepts that you repeat so often in your own behavior that they become good habits. These good habits then become automatic behavior patterns, which are formed as brain pathways by the rewards you get for trading well and the punishment you receive from trading poorly. When you associate yourself with other traders, try to associate with those who are building their personal net worth, not just talking about it. True success is silent. Try not to do something just because everyone else is doing it. Successful traders are rare. If the crowd is doing it, watch out!
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I make these posts for general readership. I do not now nor ever have expected other traders to do what I do. Trading is something that has to be personalized. My hope is that what I post may be helpful to many traders who use the forum. Ultimately, trading has to become your own.
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Old Sep 11, 2010, 8:17am   #2
Joined Oct 2009
Re: Is learning the trading business like learning any other business?

Excellent.

Thats the key- Neurons and synapses inside the brain gets strengthen when you learn, revise and memorize things. Trading is like any other profession. It requires structured syllabus and semesters to learn trading.
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