FAQ Nature Vs Nurture – are Good Traders Born or Made?

Billy Gates

Active member
Apr 19, 2011
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#16
If we believe that great traders are born and not made , then it is only a matter of evaluating our own position to decide whether one should continue in this pursuit.

If trading success for those that believe this has not been reached within a reasonable amount of time, then doesn't it make sense to stop now and find another career path?
 

Babyblush

Active member
May 9, 2013
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#17
This will be an ever ending debate between the good traders and those who are losing always in the forex market. Well my opinion is that we can develop ourselves to be good traders because its all in the human mindset.
 
Oct 9, 2012
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#18
This will be an ever ending debate between the good traders and those who are losing always in the forex market. Well my opinion is that we can develop ourselves to be good traders because its all in the human mindset.
Well said. Find the faults in yourself, find a strategy that holds them in check whilst you are trading then learn the mechanics of trading until it becomes second nature.(y)(y)(y)(y)(y)
 
Jan 1, 2013
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#19
There are people who are definitely born to never trade unless they are determined to do serious damage to their financial well-being.

Anybody else stands a chance to develop as a trader, some better, other worse.

I don't think we are really born to be anything in particular.
 
Likes: peakoil
Oct 9, 2012
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#20
I don't think we are really born to be anything in particular.
Many traders start thinking too highly of themselves and get wiped out. The really great ones know their limitations and the faults they were BORN with. :smart:
 
Last edited by a moderator:
Apr 28, 2013
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#21
Good traders are not by birth they make them self expert in trading with hard work . It is true that some born qualities help us to make successful trading . Such type of people understand trading aspects quickly than other traders. passion, patience and practice with hard work is the necessary item to develop our natural abilities.
 
Mar 26, 2013
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#23
Made, although like all things in life, some people have an aptitude, some don't and everybody else sits somewhere in between......
That's heartening for those of us yet to fulfill the higher levels of the art, but makes me wonder if there isn't a way to test aptitude - not just for trading, but for any endeavour.

I presume there must have been at least one attempt in the past to subject professional (successful!) traders to some form of psychological-emotional-cultural-social assessment and determine what, if any, traits the majority had in common.
 

robster970

Well-known member
Dec 26, 2008
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#24
That's heartening for those of us yet to fulfill the higher levels of the art, but makes me wonder if there isn't a way to test aptitude - not just for trading, but for any endeavour.

I presume there must have been at least one attempt in the past to subject professional (successful!) traders to some form of psychological-emotional-cultural-social assessment and determine what, if any, traits the majority had in common.
Most of the attributes that make for success are counter-intuitive and contrary to normal/socially conventional behaviours. Therefore I believe that success rates are largely a function of (a) will to succeed and (b) ability to change some intrinsic and many learnt behaviours that cause problems.
 

gerryg

Active member
Sep 9, 2013
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#25
Nature and Nurture is the two equal factors which endorse your trading abilities. Knowledge is essential part of trading, because lack of it make forex roulette with minimal chances to make profit.
 
Jul 10, 2014
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#27
Anyone can be a trained to be a trader. That said, in order to be good traders some people have to overcome some serious personal shortcomings and negative personality traits affecting their trading habits. That is very much possible, I think, but it depends on how dedicated and stubborn their are. It's not easy, but it's also not impossible.
 
Jul 10, 2014
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#29
Indeed. Motivation and hard work are crucial. You can be born with the aptitude to be a trader, just like you can be born with artistic talent, but any artist will tell you that the majority of their skill comes from years and years of practice. It is the same, I think, with traders - some are born with raw talent, but the really good ones have used that talent as a foundation to build their skills on with a lot of study and practice.
 
Mar 11, 2015
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#30
Traders are not born but if you have the traits required to be a successful trader it will make it easier for you.

Trading is a skill which I believe not everyone has the aptitude for no matter how hard they try.