After following this thread for a few days, I realized that a crucial point was missing in the whole debate.
The 10,000 or whatever hrs rule was probably conjectured or studied for other professions and then transplanted to trading. It may have a certain degree of truth for trading, but far from the rule.
Other professions, such as musicians and athletes, are more uniform in their training regiments and talent requirements. For example, only those exhibiting special talents in music and sports early in their lives are selected and subsequently put on standardized training by professionals.
It’s thus relatively easy to study them and conclude their success requirements.
Trading, on the other hand, is a very diverse activity. There are hundreds, if not thousands, of instruments to trade, plus almost an infinite number of time frames and strategies. To compound the complexity, the trader population is even more diverse depending on their talent, age, experience, personality and disposition, just to name a few.
It is no wonder there will never be any definitive answer to how many hrs/how much effort it takes to become a successful trader. It can literally range from winning from the very beginning to never. So the pursuit (and debate) of such a thing is completely futile.
