Old Habits/Patterns
Posted: Sat Apr 26, 2003 2:08 pm
HI!
Where to start? I have heard it said that the road to successful trading is the road to self discovery. That being true here is my question offered in a story.
My first passion in life is/was music. Jazz guitar to be more specific. A good case of tendonitis cut short my mercurial rise to mediocraty. That's another story. In retrospect I can see that in some respect I had a lot of talent, specifically smart hands. But I always struggled musically because where I had loads of technique I never took the time to learn the vocabulary of Jazz. That is to learn to play like Charlie Parker or Coltrain etc. As a foundation for developing my own style. Why was that? Well looking back I think I lacked the personal discipline. Sometimes I think I lacked the intellectual horse power to become a great player. I always took the path of least resistance and practiced what came naturally for me, scales, argeggios and chords and not that hard tedious part of learning the vocabulary of jazz where you would actually take a famous solo by say Parker or Stitt and learn it at speed and then maybe take parts of it and learn some of your favorite parts in several keys.
Now if I havn't changed at all and I start to trade that lack of self discipline will translate into my trading life somehow. Only instead of being an average player I'll be an average trader which means BROKE!
How much of trading is grunt work?
How can you tell if you are taking short cuts and not focusing on what you should?
At this point I am so ignorant that I do not even know what I don't know but I am eager to learn and improve both professionaly and personaly.
Thanks and all the best,
Jeff
Where to start? I have heard it said that the road to successful trading is the road to self discovery. That being true here is my question offered in a story.
My first passion in life is/was music. Jazz guitar to be more specific. A good case of tendonitis cut short my mercurial rise to mediocraty. That's another story. In retrospect I can see that in some respect I had a lot of talent, specifically smart hands. But I always struggled musically because where I had loads of technique I never took the time to learn the vocabulary of Jazz. That is to learn to play like Charlie Parker or Coltrain etc. As a foundation for developing my own style. Why was that? Well looking back I think I lacked the personal discipline. Sometimes I think I lacked the intellectual horse power to become a great player. I always took the path of least resistance and practiced what came naturally for me, scales, argeggios and chords and not that hard tedious part of learning the vocabulary of jazz where you would actually take a famous solo by say Parker or Stitt and learn it at speed and then maybe take parts of it and learn some of your favorite parts in several keys.
Now if I havn't changed at all and I start to trade that lack of self discipline will translate into my trading life somehow. Only instead of being an average player I'll be an average trader which means BROKE!
How much of trading is grunt work?
How can you tell if you are taking short cuts and not focusing on what you should?
At this point I am so ignorant that I do not even know what I don't know but I am eager to learn and improve both professionaly and personaly.
Thanks and all the best,
Jeff