Nature Vs Nurture – are Good Traders Born or Made?

This is a discussion on Nature Vs Nurture – are Good Traders Born or Made? within the New to Trade2Win forums, part of the Reception category; I guess that certainly play a role and abilities, not everyone can do trade, but also study, work on yourself ...

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Old Apr 19, 2015, 9:51pm   #31
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I guess that certainly play a role and abilities, not everyone can do trade, but also study, work on yourself plays an important role. These two things are the main parts for success.
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Old Jun 24, 2015, 4:01pm   #32
 
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Whilst hotly contested this has been put to the test on more than a couple of occasions. This was of course what inspired Richard Dennis in the 80's with his "Turtles" experiment - he certainly proved that it can be taught in my eyes.

More recently there was also a documentary called million dollar traders (on youtube) which lex van damme and that anton bloke did. Think they lost money overall but they didnt have any prior experience and think they said towards the end that the pro's lost more as it was during the crisis. Well worth a watch in case you havent seen it!
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Old Jun 30, 2015, 12:29pm   #33
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Some people just cannot do it. So i guess it's both.
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Old Jun 30, 2015, 1:10pm   #34
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trading is addictive ............as the hotel California song says

you can check out .......but you can never leave
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Old Jun 30, 2015, 1:11pm   #35
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Originally Posted by Notorious P.I.P. View Post
Whilst hotly contested this has been put to the test on more than a couple of occasions. This was of course what inspired Richard Dennis in the 80's with his "Turtles" experiment - he certainly proved that it can be taught in my eyes.

More recently there was also a documentary called million dollar traders (on youtube) which lex van damme and that anton bloke did. Think they lost money overall but they didnt have any prior experience and think they said towards the end that the pro's lost more as it was during the crisis. Well worth a watch in case you havent seen it!
crisis = more money to be made ?........

that anton should stick to dancing on BBC's strictly ...........
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Old Jul 1, 2015, 4:05pm   #36
 
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Ha you're not wrong there! Although he seems to be busy selling his courses at the moment. I got an email the other day talking about a seminar in Australia, and then another in Singapore - that guy gets around! Has anyone here been to one? I also see that lex has a course too, looks like the website has changed recently

Get on your dancing shooooes!
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Old Jul 2, 2015, 12:16pm   #37
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Good traders are usually psychopaths.

That's a fact. Look it up.
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Old Jul 2, 2015, 7:50pm   #38
 
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Good traders are usually psychopaths.

That's a fact. Look it up.

That is true, to some extent -- if you read up on history of really great traders.
Geniuses in every field have very active minds/personalities....that's why they may not seem 'normal'.
I guess you can't have your cake and eat it too, as that saying goes. Everything's got a price.

Great traders, like every other field, are naturally made for it...are gifted. it's their Destiny.

Last edited by lawrence-lugar; Jul 2, 2015 at 8:01pm.
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Old Jul 2, 2015, 8:56pm   #39
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I liked this post showing my respect for a fellow trader. I did point out to him that I think he is a dcki in real life so if I get banned it shows his emotional weakness.
He cannot ban you, however I can but I may just ban Tytus_Barnowl instead.
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Old Jul 8, 2015, 7:16am   #40
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Well I read Reminiscences of Stock Operator when I was about 12 years old and was immediately hooked on trading. It sounded like an exciting way to earn money.

Unfortuantely I lost a lot of money. I had some nice wins but overall I probably lost. If you add on the expenses of trading I lost my shirt.

I am still around here trying to figure out how to win.

Trading is easy. Winning is my problem.
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Old Aug 6, 2015, 4:38pm   #41
 
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Having worked at half a dozen major trading houses over 25+ years I truly believe you are born a trader- at every house, when the milk round graduates were thrown into trading, very few made decent traders. And the one's that did, you could generally tell before hand. Obviously, ( like any job) an average worker( trader) can become better, by practise
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Old Aug 6, 2015, 6:12pm   #42
 
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Having worked at half a dozen major trading houses over 25+ years I truly believe you are born a trader- at every house, when the milk round graduates were thrown into trading, very few made decent traders. And the one's that did, you could generally tell before hand. Obviously, ( like any job) an average worker( trader) can become better, by practise
I agree.
Great traders...are born with it.

'Woke up this morning...One in a million...the Chosen one...'
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Old Aug 6, 2015, 8:15pm   #43
 
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I think a good trader probably has the stuff in him to make his kids into even better traders.
Teach them the right paths from an early age. Much easier when taught than have to get it right oneself.

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Old Aug 7, 2015, 7:33pm   #44
 
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Love that song!

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Originally Posted by lawrence-lugar View Post
I agree.
Great traders...are born with it.

'Woke up this morning...One in a million...the Chosen one...'
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Old Aug 9, 2015, 3:20pm   #45
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I think a good trader probably has the stuff in him to make his kids into even better traders.
Teach them the right paths from an early age. Much easier when taught than have to get it right oneself.

Sounds a bit far fetched to me. You can try to teach them, but they should be the ones to take the decision whether they want to develop in the industry.
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